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Southern Cross Trader

  • #3,181
  • May 15, 2019 11:55am May 15, 2019 11:55am
Quoting varseb
{quote} Me YES + 60 pips for this time but me i don't have same number of you on gbp/jpy {image}
yeah it did spike up 70 pips, what TF or signal told you when to buy ?

looks like my broker isn't loading gbp/jpy history on month + week, only 4 bars showing, cheers

gbp/cad looks very red
  • #3,182
  • May 15, 2019 1:08pm May 15, 2019 1:08pm
[quote = Liem; 12274372] {quote} Oui, il a atteint 70 pips. Quel type de TF ou de signal vous a indiqué quand acheter? on dirait que mon courtier ne charge pas l’historique de gbp / jpy sur un mois et une semaine, seulement 4 barres apparaissent, acclamations gbp / cad semble très rouge


not necessarily signal, I'm doing tests, I'm still in demo, I'm in H4 and I go down to H1 to look in more detail, I found that gbp / jpy was exhausted, 140.250 rejection, I went we'll see, but these are just tests ...
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  • #3,183
  • May 15, 2019 1:53pm May 15, 2019 1:53pm
Quoting varseb
[quote = Liem; 12274372] {quote} Oui, il a atteint 70 pips. Quel type de TF ou de signal vous a indiqué quand acheter? on dirait que mon courtier ne charge pas l’historique de gbp / jpy sur un mois et une semaine, seulement 4 barres apparaissent, acclamations gbp / cad semble très rouge not necessarily signal, I'm doing tests, I'm still in demo, I'm in H4 and I go down to H1 to look in more detail, I found that gbp / jpy was exhausted, 140.250 rejection, I went we'll see, but these are just tests ... {image}
I think it has more to go GBPJPY I thought that earlier in the week and then had to hedge the trade to keep it alive. I think we could see another 150 pips drop. GBP and JPY very weak but JPY has been playing with london stocks. ALso due to trade wars I think we could see some power in JPY over coming days. I tend to take 40-50 pips on the move with 1 lot and let the other lot run. If it gets back to break even i close it. So far no losses in 2 weeks.

And a lot havent been perfect exhaustion they are just rejected in over bought and oversold areas on the 4 hour.
  • #3,184
  • May 15, 2019 1:56pm May 15, 2019 1:56pm
Quoting Daniel2775
{quote} I think it has more to go GBPJPY I thought that earlier in the week and then had to hedge the trade to keep it alive. I think we could see another 150 pips drop. GBP and JPY very weak but JPY has been playing with london stocks. ALso due to trade wars I think we could see some power in JPY over coming days. I tend to take 40-50 pips on the move with 1 lot and let the other lot run. If it gets back to break even i close it. So far no losses in 2 weeks. And a lot havent been perfect exhaustion they are just rejected in over bought and oversold...
That being said we are going to get a huge pull back on GJ at some point. But previous price action shows its been over sold for a while with small pull backs up
  • #3,185
  • May 16, 2019 7:43am May 16, 2019 7:43am
Guys if you wnat to check your 24 EMA dash is working then pick a few pairs and measure the distance from mid price band to candle this will tell you the distance in pips and allow you to check it
  • #3,186
  • Edited 8:22am May 16, 2019 8:12am | Edited 8:22am
got lucky selling a spike up on eur/aud it was very green all day so caught 20 pips selling the last push up..

looking at gbp/cad

Attached Image
Attached Image


will try catch another push low to 1.7101 for a quick pull back ..
  • #3,187
  • May 16, 2019 9:18am May 16, 2019 9:18am
Quoting Liem
got lucky selling a spike up on eur/aud it was very green all day so caught 20 pips selling the last push up.. looking at gbp/cad {image}{image} will try catch another push low to 1.7101 for a quick pull back ..
these arent really the rules go careful. DO yuo mean you went long with figures like that?
  • #3,188
  • May 16, 2019 2:38pm May 16, 2019 2:38pm
Quoting Daniel2775
{quote} these arent really the rules go careful. DO yuo mean you went long with figures like that?
missed by a little bit - i see it as trading exhaustion via MST, some wait for confirmation, I am just trying to catch a fill when they push it even lower
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  • #3,189
  • May 17, 2019 2:15am May 17, 2019 2:15am
Thanks GW 257 pips up for the week scalping ;-). MST Exhaustion im at break even as made a few mistakes but learning still here.
  • #3,190
  • May 17, 2019 2:18am May 17, 2019 2:18am
Quoting Daniel2775
Thanks GW 257 pips up for the week scalping ;-). MST Exhaustion im at break even as made a few mistakes but learning still here.
Keep at Daniel, the only secret is to NEVER QUIT, never, you are passing others who have been here longer than you, good work, GW
IMPROVISE ADAPT OVERCOME
  • #3,191
  • May 17, 2019 2:22am May 17, 2019 2:22am
Quoting Daniel2775
Thanks GW 257 pips up for the week scalping ;-). MST Exhaustion im at break even as made a few mistakes but learning still here.
20% added to my account so will be increasing lot size for the week still only risking 2% per trade. Hopefully can keep uping lot sizes ;-)
  • #3,192
  • May 17, 2019 2:35am May 17, 2019 2:35am
Quoting Ghost Walker
{quote} Keep at Daniel, the only secret is to NEVER QUIT, never, you are passing others who have been here longer than you, good work, GW
2 weeks 450 pips ;-) 94 trades 19 losing trades. All of my losing trades were first week but still made pips. no losing trades this week at all. Everytime ive lost I have reviewwed the trade, kept detailed stats and details of all entrys. Just need to get better entrys on MST now as I am going in a little too soon so need to ait a little. Also scalping I can do much better if I wait for better entry. Plan is every day to improve, I have read and read and read the forum over and over and looked at all your trades. You are right never give up then hopefully one day I can accomplish what you have and help others here to do the same.

I would imagine only 5-10% make it on here as from what I have read people just want to download and make money. But that doesnt work! There are so many other factors but this system gives you the best chance you will ever get

Thanks again
  • #3,193
  • May 17, 2019 2:38am May 17, 2019 2:38am
Quoting Liem
{quote} missed by a little bit - i see it as trading exhaustion via MST, some wait for confirmation, I am just trying to catch a fill when they push it even lower {image}
GBP been very weak. I dont think this is ready yet. You can see with GBPJPY. As per GW the numbers need to all line up. And I would say GBPJPY is getting close out of all of them. but keep watching over the next 4-8 hours. No others look ready to me
  • #3,194
  • May 17, 2019 2:48am May 17, 2019 2:48am
Quoting Daniel2775
{quote} 2 weeks 450 pips ;-) 94 trades 19 losing trades. All of my losing trades were first week but still made pips. no losing trades this week at all. Everytime ive lost I have reviewwed the trade, kept detailed stats and details of all entrys. Just need to get better entrys on MST now as I am going in a little too soon so need to ait a little. Also scalping I can do much better if I wait for better entry. Plan is every day to improve, I have read and read and read the forum over and over and looked at all your trades. You are right never give...
Daniel when you spend the amount of time in front of the screen like we have you start to see things and the system starts to reveal things, I will be criticised for this and I don't care, but you do get to a point where you know exactly where to get in and where to get out, I have had 4 losing trades in 2yrs and all my own fault, had I listened to the system I would have won 100%, exhaustion is never wrong, keep up the good work my friend, GW
IMPROVISE ADAPT OVERCOME
  • #3,195
  • May 17, 2019 3:04am May 17, 2019 3:04am
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IMPROVISE ADAPT OVERCOME
  • #3,196
  • May 17, 2019 5:01am May 17, 2019 5:01am
Quoting Ghost Walker
{quote} Daniel when you spend the amount of time in front of the screen like we have you start to see things and the system starts to reveal things, I will be criticised for this and I don't care, but you do get to a point where you know exactly where to get in and where to get out, I have had 4 losing trades in 2yrs and all my own fault, had I listened to the system I would have won 100%, exhaustion is never wrong, keep up the good work my friend, GW
Thanks GW im starting to see that the more time I spend here. But not just that paying attention to how it moves and how all indicators react. People dont believe in you but that is there loss. thats why 80% fail because they think it will come easy and it wont it takes hard work and lots of learning
  • #3,197
  • May 17, 2019 6:25pm May 17, 2019 6:25pm
Quoting Daniel2775
{quote} Thanks GW im starting to see that the more time I spend here. But not just that paying attention to how it moves and how all indicators react. People dont believe in you but that is there loss. thats why 80% fail because they think it will come easy and it wont it takes hard work and lots of learning
I know people don't believe but I like it like that, it's also one of the main reasons why I keep SCT in journals, it keeps most of the idiots and trolls away, but the best bonus is the system isn't flooded on the market which makes trading better for those that master exhaustion, those that make it here have searched long and hard and those that actually become successful are very few so we stay under the radar of the hunters, also, discipline is not a skill people want to learn and it plays such a pivotal roll in trading, the corner stones of trading are discipline, money management and a quality system masted, GW
IMPROVISE ADAPT OVERCOME
  • #3,198
  • May 17, 2019 11:16pm May 17, 2019 11:16pm
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IMPROVISE ADAPT OVERCOME
  • #3,199
  • May 18, 2019 7:35am May 18, 2019 7:35am
Quoting Ghost Walker
{image}
Really great words
  • #3,200
  • May 21, 2019 9:41am May 21, 2019 9:41am
Quoting Ghost Walker
{quote} Keep at Daniel, the only secret is to NEVER QUIT, never, you are passing others who have been here longer than you, good work, GW

Agreed. I saw potential in Daniel, he's positive thinker and wanted to do better.
He's very active, follows money management and he's disciplined in following rules... thumbs up Daniel
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