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  • #261
  • Sep 9, 2020 4:21am Sep 9, 2020 4:21am
Quoting Phronesis24
{quote} Why buy when the trend is still down?
Because it's at the low of the previous monthly bar. Check it out. I did not lost that trade though. I was able to get out without getting hurt.

So there is a swing opportunity there, risk small lot but a big profit opportunity. It was worth taking.
  • #262
  • Sep 9, 2020 4:23am Sep 9, 2020 4:23am
Quoting maflip
{quote} Because it's at the low of the previous monthly bar. Check it out. I did not lost that trade though. I was able to get out without getting hurt.
Here you go, But for now it did not work.
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  • #263
  • Sep 9, 2020 4:28am Sep 9, 2020 4:28am
Quoting maflip
{quote} Because it's at the low of the previous monthly bar. Check it out. I did not lost that trade though. I was able to get out without getting hurt. So there is a swing opportunity there, risk small lot but a big profit opportunity. It was worth taking.
Thanks for the explanation. I am impressed when i see a trader have reason for his trade.
  • #264
  • Sep 9, 2020 4:31am Sep 9, 2020 4:31am
Quoting Phronesis24
{quote} Thanks for the explanation. I am impressed when i see a trader have reason for his trade.
Thanks!

I always have a reason.

I'm still watching GU, yes still bearish, but this area is also a POSSIBLE reversal area. But I'm done this London session. Gonna see what it does after US Session
  • #265
  • Sep 9, 2020 6:41am Sep 9, 2020 6:41am
I have one Golden Rule I never violate.........Trade only with the trend.........It is a simple rule but when violated its effect have long term effects on trading accounts.

  • #266
  • Sep 9, 2020 7:02am Sep 9, 2020 7:02am
Quoting Phronesis24
I have one Golden Rule I never violate.........Trade only with the trend.........It is a simple rule but when violated its effect have long term effects on trading accounts.
Agree with this. Problem is 99% of traders trade with the trend but few makes it. The issue is money management.
  • #267
  • Sep 9, 2020 7:42am Sep 9, 2020 7:42am
All depends on trader trend/counter trend he will make money. Real culprit to most traders is money management. See EU long counter trend (Counter trend to the big trend) (My M15 filter is still bearish) this one worked even counter trend. I know my stops and if it's ok to scale in.

My last trade for the day.

And, my 3rd day for this challenge wrapping up. Probably my last time posting my performance to the challenge as I may annoy other people lol.
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  • #268
  • Sep 9, 2020 7:49am Sep 9, 2020 7:49am
Oh oh dollar index is dropping. Give me back my EU long hah hah
  • #269
  • Sep 9, 2020 9:02am Sep 9, 2020 9:02am
Quoting maflip
All depends on trader trend/counter trend he will make money. Real culprit to most traders is money management. See EU long counter trend (Counter trend to the big trend) (My M15 filter is still bearish) this one worked even counter trend. I know my stops and if it's ok to scale in. My last trade for the day. And, my 3rd day for this challenge wrapping up. Probably my last time posting my performance to the challenge as I may annoy other people lol. {image} {image}
Nice and steady bro!
  • #270
  • Sep 9, 2020 9:03pm Sep 9, 2020 9:03pm
Made a small lost yesterday....

MFF result so far for my 50k account.

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  • #271
  • Sep 10, 2020 3:19am Sep 10, 2020 3:19am
Guys

Is Ftmo back on lmax

The new symbol are no longer active on my side
  • #272
  • Sep 10, 2020 4:22am Sep 10, 2020 4:22am
Quoting Phronesis24
Guys Is Ftmo back on lmax The new symbol are no longer active on my side
Mine is fine no lmax. Spread is also good.
  • #273
  • Sep 10, 2020 5:09am Sep 10, 2020 5:09am
How is everyone doing with MFF? . Slow start this London session. Too much BE and trailing stops getting hit. No home run... So far still positive for the day. No crazy drawdown.
  • #274
  • Sep 10, 2020 5:11am Sep 10, 2020 5:11am
ECB Later, hopefully after the ECB we get better volatility
  • #275
  • Sep 10, 2020 5:47am Sep 10, 2020 5:47am
Market was dead this morning - thanks - that's why! ECB
  • #276
  • Sep 10, 2020 7:51am Sep 10, 2020 7:51am
Quoting Mtinifx
Market was dead this morning - thanks - that's why! ECB
MFF gonna get mad at you. They have to pay you $1000 since you hit the 10% profit target.
  • #277
  • Sep 11, 2020 12:58pm Sep 11, 2020 12:58pm
Well this encouraging guys!
Attached Image
  • #278
  • Sep 11, 2020 7:34pm Sep 11, 2020 7:34pm
Quoting Mtinifx
Well this encouraging guys! {image}
Not $1k?

Me currently up 2.5%. I'm on track for 10% a month. And draw down less than 1%.
  • #279
  • Sep 11, 2020 8:21pm Sep 11, 2020 8:21pm
Quoting Mtinifx
Well this encouraging guys! {image}
Congratulations on your first payout! Finally!
adapt or be killed
  • #280
  • Sep 11, 2020 9:36pm Sep 11, 2020 9:36pm
Quoting Mtinifx
Well this encouraging guys! {image}
Is that yours? I haven't got my payout yet... no emails.... not sure what is their SOP.

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Closed all positions on friday night.
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