Sunny Coasting Along

Nice!!
Thanks for that link.

I sincerely believe that there are many "insiders" with real industry experience who occasionally frequent these types of forums and willing to share their knowledge for whatever reason they choose to.

Cheers
Anthony

quote=FXClarity;10386808]In today's low interest environment there are plenty of investors from all walks of life seeking 'stable Alpha returns' In the UK the housing market may well have peaked for a few years (who knows), returns from bank and saving accounts are nil to meagre.. In the current climate a trader who can deliver even 1% pcm without taking investors through hellish drawdown will be in high demand. 1% pcm = 12.68% per annum You are clearly way past this and in theory it should just be a case of showcasing stable consistent returns for you now.[/quote]

This is what I think about quite often.

FRI, JULY 12th RECAP

Tuesday. July 16th - Late Asian Session Update

Ups!

Hi Ricki72.

Cheers for stopping by. Looks like GJ dropping nicely today. I should have looked for my targets below.
So far I'm down 0.5% looking for buys.

Perhaps next target at 134.20 might be the place.

Anthony

for a buy?

Yes, but I was away from computer.

I bought again at 134.05 and 134.01 for small scalps as per the way I trade.

Account now at 0.21% Dd.

WED, JULY 17th MID LONDON UPDATE

Tuesday, July 16th 130 PIP GJ Grinder



On 2 previous occasions on days like yesterday I basically drained to $50K demo accounts trying to trade a move like this. (opposite direction of course).

Yesterday, with proper risk management and keen trading thanks to many here who have helped me greatly.

Now I have no great profit story from yesterday or anything like that but my greatest DD at any one point was only -0.84% of the account and by the end of the trading day it was 0.09%.

I'm still not sure how to read into this but it feels like I have improved.

THU JULY 18th - MID LONDON UPDATE

FRI JULY 19th FRANKFURT OPEN Update

Most people think that they’re playing against the market - but the market doesn’t care. You’re really playing against yourself. You have to stop trying to will things to happen in order to prove that you’re right. Listen only to what the market is telling you now. Forget what you thought it was telling you five minutes ago. The sole objective of trading is not to prove you’re right but to hear the cash register ring.” – Marty Schwartz

Quote I found on Lem's thread. Z. might like this one, too.

"Economists have forecast 9 out of the last 5 recessions.''

Haha. Even funnier since I've got a degree in economics.

Strange isn't it that we chose to analyse price charts rather than rely on qualitative and quantitative analysis of economics fundamentals for some of us who can.

not that strange, really.
schools proven to teach theories, that often has little to non real world practical use.

Hello Guys,

I found the link below to optimise the tester speed. Just in case you find it useful and you didn't know about it.

https://www.mql5.com/en/code/12407

cheers

Diego

Here's my 1st trade of my complementary system of trading that I've @almost@ nailed down. I'll always seek to improve it but the core is all there now.

I've always sought to have balance in most aspects of life and I feel my style of trading should be no different.

Thanks to G. and Z. for their massive guidance in how I've developed my way of trading from the extremes.

Now I can add Lem. to the that list in how to trade with the flow that takes us to the extremes.



1st trade should always be a loser as it proves to me how I can close off a non-performing trade with no emotion and move straight on to the next one.

Few Notes:
Price had moved around 50 pips for the Asian session. Current ADR around 83 by my count.

There was a "strong" move through both Kumos.

Went short off a 1 min candle rejecting the 20 EMA.

Closed trade on close inside Thunder Cloud.

Afterthoughts:
After pulling a fib on the morning move I could see we were at the 50% retracement level.

The trade was also moving towards the KO rather than away from it.

Just slotted the MaccyDs onto the chart and the 353 would have kept me out, too.

Cheers
Anthony

Thanks Diego.
Might speed up the weekend grind a little morr!!
Cheers
Anthony