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  • #2,421
  • Aug 4, 2020 1:45pm Aug 4, 2020 1:45pm
Quoting Kanderpro
Posting this for completeness' sake. I lost 40.6 pips around NY Open when I was called away from my desk. Kaoscoded's prediction that GU would go to 1.3124 had raised my interest but I thought his prediction was shot when GU dropped somewhere around 30 points more than his buy order. Without that drop however, a channel and the midline would not have been evident to me. Apparently, price has an 80% chance of hitting the midline from the channel edge. After my 40 pip loss, I was past caring about my method, still angry and entered on 5m, but was...
Well recovered KP.
Always be kind to someone with access to your toothbrush.
  • #2,422
  • Aug 4, 2020 2:02pm Aug 4, 2020 2:02pm
placed entry on GJ...might be taking a risk on this but i have to leave and don't want to leave a pending buy limit in case it doesn't reach it...it already dipped into the 137.xxx zone so i'm in...if i could stay and watch it i would rather do that...so screw it...i'm in...no SL or TP set yet until i leave
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYiH4.png Size: 67 KB
"the fool and the prophet walk hand in hand..."
  • #2,423
  • Aug 4, 2020 2:03pm Aug 4, 2020 2:03pm
Sell GBP/USD

Attached Image (click to enlarge)
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  • #2,424
  • Aug 4, 2020 2:07pm Aug 4, 2020 2:07pm
Quoting thomi
Short GBP/CAD {image}
SL at BE

Attached Image (click to enlarge)
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  • #2,425
  • Aug 4, 2020 2:17pm Aug 4, 2020 2:17pm
Quoting RichBarstead
{quote} Just had em chopped off Pips.
A sad occasion. Brings tears to yer eyes. Who hasn't been there? The entire population of male traders are eunuchs.
Thanks for your help, warmth and straight talking Heather.
  • #2,426
  • Aug 4, 2020 2:24pm Aug 4, 2020 2:24pm
Quoting Kanderpro
{quote} A sad occasion. Brings tears to yer eyes. Who hasn't been there? The entire population of male traders are eunuchs.
rofl
the cautious seldom err....C
  • #2,427
  • Aug 4, 2020 2:27pm Aug 4, 2020 2:27pm
Quoting kaoscoded
placed entry on GJ...might be taking a risk on this but i have to leave and don't want to leave a pending buy limit in case it doesn't reach it...it already dipped into the 137.xxx zone so i'm in...if i could stay and watch it i would rather do that...so screw it...i'm in...no SL or TP set yet until i leave {image}
Looks like today might end up being an inside bar of yesterday, which also was an inside bar. The theory is that it's winding up for a strong breakout. I hope you're on it kc.
Thanks for your help, warmth and straight talking Heather.
  • #2,428
  • Aug 4, 2020 2:31pm Aug 4, 2020 2:31pm
since I'm here I might as well post my UY trade..I have taken 50% out and will wait for my target to be hit or the other to happen
Attached Image (click to enlarge)
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the cautious seldom err....C
  • #2,429
  • Aug 4, 2020 2:35pm Aug 4, 2020 2:35pm
TP set at the r38 level...SL set far enough away until i get back and am able to watch live again...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYiH4.png Size: 69 KB
"the fool and the prophet walk hand in hand..."
  • #2,430
  • Aug 4, 2020 2:37pm Aug 4, 2020 2:37pm
Quoting Kanderpro
{quote} Looks like today might end up being an inside bar of yesterday, which also was an inside bar. The theory is that it's winding up for a strong breakout. I hope you're on it kc.
thanks man...same we'll see...just hate that i can't be here but i've been waiting and i don't want to miss it...let's get it on...lol
"the fool and the prophet walk hand in hand..."
  • #2,431
  • Aug 4, 2020 2:51pm Aug 4, 2020 2:51pm
GJ long
A HL after divergence on H1 so I'm in. Hope it catapults the right way after 2 IBs! Strange time of day to trade here but I hope Tokyo does well for the trade. Even so, half my usual stake.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1 2046.png Size: 57 KB
Thanks for your help, warmth and straight talking Heather.
  • #2,432
  • Aug 4, 2020 3:11pm Aug 4, 2020 3:11pm
Quoting thomi
Sell GBP/USD {image}
stop hit -17 pts
  • #2,433
  • Edited 3:53pm Aug 4, 2020 3:27pm | Edited 3:53pm
Long U/C

Edit: Pulled the plug at -2.

Not taking anymore negative calls today.
Attached Image (click to enlarge)
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Always be kind to someone with access to your toothbrush.
  • #2,434
  • Aug 4, 2020 3:32pm Aug 4, 2020 3:32pm
Quoting Kanderpro
GJ long A HL after divergence on H1 so I'm in. Hope it catapults the right way after 2 IBs! Strange time of day to trade here but I hope Tokyo does well for the trade. Even so, half my usual stake. {image}
I have entered very early and I've decided to come out at BE after 45 minutes. The last H1 bar of the day does not, with such slow movement, appear as if it will advance enough to meet my usual criteria for entry.
Thanks for your help, warmth and straight talking Heather.
  • #2,435
  • Aug 4, 2020 5:46pm Aug 4, 2020 5:46pm
Quoting Kanderpro
Posting this for completeness' sake. I lost 40.6 pips around NY Open when I was called away from my desk. Kaoscoded's prediction that GU would go to 1.3124 had raised my interest but I thought his prediction was shot when GU dropped somewhere around 30 points more than his buy order. Without that drop however, a channel and the midline would not have been evident to me. Apparently, price has an 80% chance of hitting the midline from the channel edge. After my 40 pip loss, I was past caring about my method, still angry and entered on 5m, but was...

I'll just make this a quick post because I'm taking Mum shopping then out for lunch, so I will be busy today.

Your (very good) post makes an important point that can often be the downfall of traders in a public forum, and you can see it every day in FF. We like to post our analysis of the market to explain why we're doing what we're doing, in fact I just did exactly that when I was explaining why I was taking that EU trade that I took. Where the problem comes into play is that we're inclined to bear in mind what other traders are saying or doing (or both) and we let that affect our own trading decisions. It's very hard not to follow others when they're making pips and you are not, I've done it myself countless times....but....we need to remember that *their* criteria may be way different to our own, and for that reason we should wish them well and smile at their success, but we must stick to our own plan.

I'm not telling anyone how to suck eggs or anything, everyone here is trading with clarity and honesty, I'm just reminding people that it's great to see how others analyse the the market, but it may not suit us so we have to stick to our plan!!

Ok....I'm heading out...see you back for Frankie

RJ
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,436
  • Aug 5, 2020 1:03am Aug 5, 2020 1:03am
Quoting realjumper
{quote} I'll just make this a quick post because I'm taking Mum shopping then out for lunch, so I will be busy today. Your (very good) post makes an important point that can often be the downfall of traders in a public forum, and you can see it every day in FF. We like to post our analysis of the market to explain why we're doing what we're doing, in fact I just did exactly that when I was explaining why I was taking that EU trade that I took. Where the problem comes into play is that we're inclined to bear in mind what other traders are saying...
Well said RJ. We can have a variety of reactions to others' entries: from shaking our head wondering how on earth the trader thinks that's a good thing to do, to just being alerted to something that we hadn't seen, as in my case where kaoscoded's, can I say, (and apologies kaoscoded) inaccurate buy order then allowed me to see a channel I otherwise wouldn't have. We of course have the potential to influence each other, that's only human, but we are responsible for our own decisions. One of the great things about this thread is the free and uninhibited congratulations to others on their successful trades, and the commiserations offered for unsuccessful trades. You've started a grand thing here RJ.
Thanks for your help, warmth and straight talking Heather.
  • #2,437
  • Aug 5, 2020 1:21am Aug 5, 2020 1:21am
Quoting Kanderpro
{quote} Well said RJ. We can have a variety of reactions to others' entries: from shaking our head wondering how on earth the trader thinks that's a good thing to do, to just being alerted to something that we hadn't seen, as in my case where kaoscoded's, can I say, (and apologies kaoscoded) inaccurate buy order then allowed me to see a channel I otherwise wouldn't have. We of course have the potential to influence each other, that's only human, but we are responsible for our own decisions. One of the great things about this thread is the free and...

We certainly seem to have a group of very good and humble people in this thread, that's for sure. I didn't think that the thread would flourish as it is doing, but it's very pleasing, not from a personal standpoint. but it shows that amoung the thousands of pretenders in FF, here is a group of good and decent people who support each other and aren't afraid to show their trades as they happen.

As you say, we can all be influenced by each other and that's a double edge sword I suppose. But I know that when I see an entry by someone that I would never have taken, I watch with interest to see how it develops and what I can learn. I hope that every entry by everyone here is a winner, but of course I know that this cannot be. But it's privilege for me to be in a group of traders who are honest and who support each other, win or lose. Now if the whole of FF could behave this way, wouldn't THAT be cool?!?!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #2,438
  • Aug 5, 2020 1:25am Aug 5, 2020 1:25am
GJ buy order for the breakout long from the drawn rectangle.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1 0720.png Size: 57 KB
I forgot the stop. Since added just below the rectangle.
Thanks for your help, warmth and straight talking Heather.
  • #2,439
  • Aug 5, 2020 1:55am Aug 5, 2020 1:55am
EU long
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1 0754.png Size: 57 KB
Thanks for your help, warmth and straight talking Heather.
  • #2,440
  • Aug 5, 2020 2:39am Aug 5, 2020 2:39am
What a slow start and the PA is making me sleepy. At least I have coffee!
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