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The Swamp

  • #19,121
  • May 31, 2018 11:09am May 31, 2018 11:09am
Quoting gatorinla
{quote} my stops are at the widest 16 pips.. my cost average will be less. about 8 pips, it will =1.25% in my favor or loss of 1.25%. at 1446. its near 42%. 270 pips divided by the 8 =33.75 X 1.25 =42.18
we past NY at noon now.. the option fun is over...
i am going back to my music and my corp job... talk to you all later....
  • #19,122
  • May 31, 2018 11:11am May 31, 2018 11:11am
same here on the farm.. time to milk the chickens.. LOL
those who can, do. those who cant, talk about those who can
  • #19,123
  • May 31, 2018 2:18pm May 31, 2018 2:18pm
Quoting gatorinla
{quote} my stops are at the widest 16 pips.. my cost average will be less. about 8 pips, it will =1.25% in my favor or loss of 1.25%. at 1446. its near 42%. 270 pips divided by the 8 =33.75 X 1.25 =42.18, this compound effect is attractive to me. pa minimum should have been 1684.. I hold out for higher because the close was higher. I don't want a 36 pip stop with the close being higher.
Gator, i don't quite get it above statement, one day I need you to explain to me this logic in details;;
  • #19,124
  • May 31, 2018 2:55pm May 31, 2018 2:55pm
I'm almost certain that UJ double bottoms @108.1x may bring EU to 1.1747.

Time for double payment with EU short and UJ long.

(1) Profit from earned pips
(2) Financial Charges (Coffee money)

  • #19,125
  • May 31, 2018 5:22pm May 31, 2018 5:22pm
Quoting Magicmen
I'm almost certain that UJ double bottoms @108.1x may bring EU to 1.1747. Time for double payment with EU short and UJ long. (1) Profit from earned pips (2) Financial Charges (Coffee money)
i hope you get what you want
When life gives you lemons, make lemonade
  • #19,126
  • May 31, 2018 5:24pm May 31, 2018 5:24pm
Quoting Boulder
{quote} Gator, i don't quite get it above statement, one day I need you to explain to me this logic in details;;
basically if you commit a stop loss at -1% with -10 pips, as the stop. every 10 pips in your favor, is 1%.. theoretically 100 pips at this ratio is a 10% gain. but you sl -1% never grows. It only changes as you move it toward positive in your favor. I used simple numbers to explain. The same formula with work with any %. whatever your sl is %wise. it has a negative pip value to reach it. the positive % is equal in the opposite direction, with a equal amount of pips.
those who can, do. those who cant, talk about those who can
  • #19,127
  • May 31, 2018 5:50pm May 31, 2018 5:50pm
Quoting Angelina
{quote} Closed at 1642. Pending scalp at 1616
Closed all my short at 1642 is right time lol
  • #19,128
  • May 31, 2018 5:53pm May 31, 2018 5:53pm
Quoting Angelina
{quote} Closed all my short at 1642 is right time lol
Congrats. Doesnt look like 1.1725ish will hold at the rate it's going
  • #19,129
  • May 31, 2018 6:01pm May 31, 2018 6:01pm
Quoting gatorinla
{quote} basically if you commit a stop loss at -1% with -10 pips, as the stop. every 10 pips in your favor, is 1%.. theoretically 100 pips at this ratio is a 10% gain. but you sl -1% never grows. It only changes as you move it toward positive in your favor. I used simple numbers to explain. The same formula with work with any %. whatever your sl is %wise. it has a negative pip value to reach it. the positive % is equal in the opposite direction, with a equal amount of pips.
Thanks Gator...I got it... because you used the word 'compound' which threw me off...

I closed my last 1/4 manual trade longs here at 1705..... I can say.. this is the V shape recovery that I was looking for early..
  • #19,130
  • May 31, 2018 6:05pm May 31, 2018 6:05pm
Eur/Usd: Key Target Levels For 6/1/2018
( My EA targets are in bold)

For Shorts: L1: 1.1668 L2:1.1645 L3: 1.1606

For Longs: L1: 1.1714 L2:1.1737 L3: 1.1775
  • #19,131
  • May 31, 2018 6:18pm May 31, 2018 6:18pm
Quoting Boulder
{quote} Thanks Gator...I got it... because you used the word 'compound' which threw me off... I closed my last 1/4 manual trade longs here at 1705..... I can say.. this is the V shape recovery that I was looking for early..
compound is the difference of entering a trade early, or waiting for it to get in a better place. of course you will be on the sideline more. waiting for the most advantages entry... but u dont have to pay for the drawdown.

example ... lets say u want to risk 1% on a trade. you have your s/l picked 8 pips below a support level u think will hold. If you place your entry two pips above the support level.. you have a ten pip s/l at one %.. if you have your entry 32 pips above the support level at the same 1% risk. you get the trade but lose the benefit of 3X the trade value // so in the first trade at 100 pips of profit. you make 10ish%.. in the early entered trade you make 3.33%.. see the compounding? in the same trade with the same risk?

if wrong and you get stopped out.. than you were wrong about the support level. both of the trades lose 1%'
lets say you moved the stop up 5 pips and were successful, thats a 20% trade with the same 1% of risk

they don't just give away money.. Your a tiger hunting for food//
tigers don't run to chase prey that will come to them, tigers wait and ambush.
they extend the least amount of energy to get the job done.
those who can, do. those who cant, talk about those who can
  • #19,132
  • Edited 7:02pm May 31, 2018 6:22pm | Edited 7:02pm
Quoting gatorinla
{quote} compound is the difference of entering a trade early, or waiting for it to get in a better place. of course you will be on the sideline more. waiting for the most advantages entry... but u dont have to pay for the drawdown. example ... lets say u want to risk 1% on a trade. you have your s/l picked 8 pips below a support level u think will hold. If you place your entry two pips above the support level.. you have a ten pip s/l at one %.. if you have your entry 32 pips above the support level at the same 1% risk. you get the trade but lose...
Gator...you don't need to explain that compound to me again... I got your point.....tiger or not... lol........you are too funny....
  • #19,133
  • May 31, 2018 6:46pm May 31, 2018 6:46pm
Quoting Boulder
{quote} Gator...you don't need to explain that compound to me again... I got your point.....tiger or not... lol.....I love U.....you are too funny....
stop laughing, I won a blue ribbon;

Inserted Video
those who can, do. those who cant, talk about those who can
  • #19,134
  • May 31, 2018 7:02pm May 31, 2018 7:02pm
Quoting gatorinla
lowered entries to 1712/20 stops lowered to 1726. 1684 may have been enough.. but the higher close on the day forces me to have high entries. 1446 is the draw.. 1565 may be the next target using 1684/1724 entry
i will be pissed if it drops w/o a trigger// but i have ny reason//
those who can, do. those who cant, talk about those who can
  • #19,135
  • May 31, 2018 7:14pm May 31, 2018 7:14pm
Quoting gatorinla
{quote} i will be pissed if it drops w/o a trigger// but i have ny reason//
I have M5 ea on.. I am shorting at the moment...
  • #19,136
  • May 31, 2018 7:17pm May 31, 2018 7:17pm
i hope it rises b4 1668..
those who can, do. those who cant, talk about those who can
  • #19,137
  • May 31, 2018 7:20pm May 31, 2018 7:20pm
Quoting Boulder
{quote} I have M5 ea on.. I am shorting at the moment...
1668 looks doable.. but i hope for a bounce b4.... like i said 1684 was enough, but the higher close made me raise my entry.. test the highs or 1616/17 is getting hit.. but i was hoping to enter the high area
those who can, do. those who cant, talk about those who can
  • #19,138
  • May 31, 2018 7:24pm May 31, 2018 7:24pm
Quoting gatorinla
{quote} 1668 looks doable.. but i hope for a bounce b4.... like i said 1684 was enough, but the higher close made me raise my entry..
my TP is 1684, exactly 3x M5 adr . for 7 pips.. so not too much for these slow time.. I am just testing M5 ea.. it will be better profits in busy hours..
  • #19,139
  • May 31, 2018 7:26pm May 31, 2018 7:26pm
Quoting gatorinla
lowered entries to 1712/20 stops lowered to 1726. 1684 may have been enough.. but the higher close on the day forces me to have high entries. 1446 is the draw.. 1565 may be the next target using 1684/1724 entry
lowering the 1712 to 1707 now..
those who can, do. those who cant, talk about those who can
  • #19,140
  • May 31, 2018 7:29pm May 31, 2018 7:29pm
Quoting Boulder
{quote} my TP is 1684, exactly 3x M5 adr . for 7 pips.. so not too much for these slow time.. I am just testing M5 ea.. it will be better profits in busy hours..
money for the kids is always welcome
those who can, do. those who cant, talk about those who can
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