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Real Trading

  • #4,981
  • Dec 8, 2021 1:29am Dec 8, 2021 1:29am
Quoting Pat Chiko
{quote} Ha ha ha Just want to track my AUD trade here coz don't want to upset Cable thread with this pair I find AUD is nice pair to trade and the move is less fractal and smooth.
Between the two , it is more trendy. UP/DOWN clear Fractal

On GU, its more for scalping trades suit the structure

Here's the chart comparison

Attached Image (click to enlarge)
Click to Enlarge Name: AU 006.jpg Size: 108 KB

Attached Image (click to enlarge)
Click to Enlarge Name: gu 098.jpg Size: 99 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #4,982
  • Dec 8, 2021 1:38am Dec 8, 2021 1:38am
Quoting Pat Chiko
{quote} Between the two , it is more trendy. UP/DOWN clear Fractal On GU, its more for scalping trades suit the structure Here's the chart comparison {image} {image}

Now here what I've been thinking after many moon of trading. Just my thought not a Sang Real Book.

Any good trader will try to fit their system to the market.

IMHO perception of TA is flawed.
TA doesn't 'analyse' the chart, the trader analyses the chart,
TA displays specific data in a specific way.

It doesn't 'analyse' anything.
It's not faulty unless it isn't displaying the correct data or is displaying it incorrectly.
Markets change so therefore a trader needs to change with it.

TA doesn't have an ideology, traders do.

Let me clear this up as, all 'researchers' who seem to be perplexed with markets, any market.

The exact nature of markets is buying and selling.
That's it, nothing more.
How a person decides to buy or sell is a different matter altogether but doesn't influence the market unless the trader either buys or sells.


Markets are always changing, so a trader should be ready to change with.

My strategy that worked a year ago might not work as well today.
Does that make TA useless? Hardly.

TA will let me know that the patterns are changing and how they are changing.
Does FA have an impeccable track record for predicting the market movements?
No it doesn't.
So FA is useless?

A carpenter has many tools that they use.
If they use a hammer where a saw is needed the job won't be done right.
Does that make the hammer or saw useless or faulty?

Some like a heavier hammer, some like a lighter hammer.
Some like a fiberglass handle, some wooden, some like the old fashioned manual hammer, some like a power nail driver.

It's just a matter of finding what works best for the trader and the market.

I've met traders that love Elliot waves and can pick the market to very well, but I have no real understanding of Elliot waves and how to count them. His name is Mr Burger from Mexico living in Bali now.

I use S&R and can track the market very well.
Others use custom methods that are really just regurgitation of what has been used before them.

We can get the same market signals using a wide variety of strategies and be trading in very similiar positions.


PAT as I'm writing my thought
I come from the future.
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  • #4,983
  • Dec 8, 2021 2:09am Dec 8, 2021 2:09am
GU

Break Out TRade on LONG.

Wait for set up
Conflicting structture with mixed fractal

Attached Image (click to enlarge)
Click to Enlarge Name: gu 099.jpg Size: 113 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #4,984
  • Dec 8, 2021 2:30am Dec 8, 2021 2:30am
Quoting Pat Chiko
{quote} Now here what I've been thinking after many moon of trading. Just my thought not a Sang Real Book. Any good trader will try to fit their system to the market. IMHO perception of TA is flawed. TA doesn't 'analyse' the chart, the trader analyses the chart, TA displays specific data in a specific way. It doesn't 'analyse' anything. It's not faulty unless it isn't displaying the correct data or is displaying it incorrectly. Markets change so therefore a trader needs to change with it. TA doesn't have an ideology, traders do. Let me clear...
Very good advice PAT
  • #4,985
  • Dec 8, 2021 3:24am Dec 8, 2021 3:24am
Quoting Pat Chiko
GU Break Out TRade on LONG. Wait for set up Conflicting structture with mixed fractal {image}

GU

Scalp long


Attached Image (click to enlarge)
Click to Enlarge Name: gu 101.jpg Size: 119 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #4,986
  • Dec 8, 2021 3:56am Dec 8, 2021 3:56am
Quoting Pat Chiko
{quote} GU Scalp long {image}

GU


This is what trigger my LONG set up


Attached Image (click to enlarge)
Click to Enlarge Name: gu 102.jpg Size: 142 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #4,987
  • Dec 8, 2021 4:20am Dec 8, 2021 4:20am
Quoting Pat Chiko
{quote} GU Scalp long {image}

GU

Add position


Attached Image (click to enlarge)
Click to Enlarge Name: gu 105.jpg Size: 109 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #4,988
  • Dec 8, 2021 4:42am Dec 8, 2021 4:42am
Quoting Pat Chiko
{quote} GU Add position {image}
PAT where you go I follow. haha
  • #4,989
  • Dec 8, 2021 4:53am Dec 8, 2021 4:53am
Quoting Pat Chiko
{quote} GU Add position {image}

GU

Stopped out.


Waiting for re entry

Price has taken the Daily S&R level
Attached Image (click to enlarge)
Click to Enlarge Name: gu 106.jpg Size: 103 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #4,990
  • Dec 8, 2021 4:55am Dec 8, 2021 4:55am
Quoting Pat Chiko
{quote} GU Stopped out. Waiting for re entry Price has taken the Daily S&R level {image}

GU

Re -entry


Attached Image (click to enlarge)
Click to Enlarge Name: gu 107.jpg Size: 121 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #4,991
  • Dec 8, 2021 4:57am Dec 8, 2021 4:57am
Quoting TrickorTrade
{quote} PAT where you go I follow. haha

Haha ha


sure looses money one.

I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #4,992
  • Dec 8, 2021 5:02am Dec 8, 2021 5:02am
Quoting Pat Chiko
{quote} GU Re -entry {image}
GU

AS I was lookng at Daily RF the SR line and Demand zone is strong for bounce.

This is the 3rd time price came down to re-test the zone.

Hope to catch this move


Attached Image (click to enlarge)
Click to Enlarge Name: gu 108.jpg Size: 143 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #4,993
  • Dec 8, 2021 5:08am Dec 8, 2021 5:08am
Discipline is the real key to success, as you are going to have execute your trading signals, in line with rules and when you do, you are going to hit periods of losses.

When these periods occur you must remain disciplined and keep going - this is hard.

All traders have losing periods (don't let anyone tell you otherwise) and the key to success, is getting through these periods.

You need to take your losses and keep them small, until you hit a home run of profits. Sounds easy?

Well its not, as the market wrong foots you and takes your money, you will feel like deviating from your plan; this is where most traders go wrong, they can't stay on course.

Always remember, if you cannot execute the rules of your system with discipline - you don't have a system!

Best of trading guys.


PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #4,994
  • Dec 8, 2021 5:25am Dec 8, 2021 5:25am
Quoting Pat Chiko
{quote} GU AS I was lookng at Daily RF the SR line and Demand zone is strong for bounce. This is the 3rd time price came down to re-test the zone. Hope to catch this move {image}

GU


Add position.

Entry as per set up.

Stop in place. If the set up hold, it will goes up.

If failed, will take the SL.

Stay discipline.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 109.jpg Size: 115 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #4,995
  • Dec 8, 2021 5:28am Dec 8, 2021 5:28am
Sell EUR/GBP at 0,8551. No SL and TP.
  • #4,996
  • Dec 8, 2021 5:53am Dec 8, 2021 5:53am
Quoting Pat Chiko
{quote} GU Add position. Entry as per set up. Stop in place. If the set up hold, it will goes up. If failed, will take the SL. Stay discipline. {image}
GU punishing buyers
  • #4,997
  • Dec 8, 2021 5:57am Dec 8, 2021 5:57am
Quoting Pat Chiko
{quote} GU Add position. Entry as per set up. Stop in place. If the set up hold, it will goes up. If failed, will take the SL. Stay discipline. {image}


GU


Patience and Discipline


Attached Image (click to enlarge)
Click to Enlarge Name: gu 111.jpg Size: 204 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #4,998
  • Dec 8, 2021 5:59am Dec 8, 2021 5:59am
Quoting samsmun
{quote} GU punishing buyers

AGREED.

unless

Always keep in mind in Forex trading the trader doesn't get beaten by the market, he beats himself.


Stay patience & Descpline.

Follow your system set up.

Don't be afraid to take your valid set up

Then patiently wait.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #4,999
  • Dec 8, 2021 6:03am Dec 8, 2021 6:03am
Quoting Pat Chiko
{quote} GU Patience and Discipline {image}

GU

Short


Attached Image (click to enlarge)
Click to Enlarge Name: gu 112.jpg Size: 110 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #5,000
  • Dec 8, 2021 6:08am Dec 8, 2021 6:08am
Quoting Pat Chiko
{quote} AGREED. unless Always keep in mind in Forex trading the trader doesn't get beaten by the market, he beats himself. Stay patience & Descpline. Follow your system set up. Don't be afraid to take your valid set up Then patiently wait.
Thanks bro
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