Hakuna's pip stash

not up for the day. i live in U.S. on east coast so I slept through the trades. i haven't been able to follow alot due to work travel, but please enjoy your day w/family. i will ride your coat tail another day

L 234.05

Can't sleep, isn't it?
I got in at .14, hopefully the news and the Dow will not mess around with it

44 more pips....
THANKS THANKS THANKS

close 234.53

it reached 234.50 earlier and i was going to close it--but i delayed 3 secs and the pric fell 15 pips--so i held on to it--waiting--and it paid off

beauty !!!!!!!!!!!!!!!!!!!

glad to see some of u caught that as well

You are glad.....
Im really really HAPPY¡¡¡¡¡¡¡¡:

lol-- good one mate

now dont lose them !

im done for the day ladies and gentlemen.


Do what you can, with what you have, where you are.
- Theodore Roosevelt


till asia-- peace

See you there....
thanks for the pips

Hakuna,

I have been following your thread for only a week now and I can say that your trading style is nothing short of amazing. I've been getting anywhere between 30-50% of your total amounts, but given the insane amount of pips that you achieve on a daily basis, I am more than happy with my outcome. I am not sure of what system you have, I personally only use S/R and a couple of indicators, along with fundamental analysis. I am not following your signals blindly, I do my own chart analysis and only watch your thread closely when I feel that an entry point is near.
What amazes me most is your feel for the market to pinpoint your entry points with great accuracy.

Hats off to the man!

Good Morning Every1

25/10/07 +222


25/10/07

g/j
S 233.55 ex 235.22 +33
L 233.37 ex 233.94 +57
L 233.75 ex 234.31 +56
L 233.97 ex 234.05 +8
L 234.05 ex 234.53 +48


g/u
L 2.0470 ex 2.0490 +20

You are successful past my wildest dreams. Cheers to another day/night of successful trading.

Did you catch that one down Hakuna? Good start to the evening.

Another great day, congrats.

no bro--was asleep

bbl

Hi HM,

Thanks for your kind words the other day on my charts. I'm sure the hard work for setup and analysis will pay off in the long run.

I have some additional comments to share (but don't miss any good trades on my account! It seems like a symmetrical triangle is coming to a breakout point in the not too distant future. You're "the man" on trade calls.).


Regarding my extra MA's, I recommend them because I am noticing that they work also! Furthermore, because the numbers are simple multiples of each other, the same as timeframe multiples, I find that keeping the extra MA's helps me know what the other timeframe(s) MA's are doing without looking at each timeframe. I will explain...

Suppose one really respects the power of the 100sma on the H1 chart. If you happen to be looking at an M30 chart, you will find that a 200sma is very nearly the same value as the 100sma on the H1 chart! Or if instead you look at an H2 chart, the 50sma will be close. On an H4 chart, the 25sma will also be close, however the fewer the bars, the less accurate is the estimate. No problem. The only purpose is to have a clue about which MA's are close, regardless of which timeframe I look at.

You love the 50ema, and I can see it works. I suggest the 100ema and 200ema for the same reason above, since you can look at other charts at get an approximate value of, say, an H1 50ema by looking at the 100ema on the M30, or the 200ema on the M15. Just this moment, as an example, my 50ema is 233.94 on the H1 chart. The 100ema M30 is 233.97 and the 200ema on the M15 is also 233.97. Going the other way, on an H4 chart, ideally one would use 12.5 period (which is impossible), but the 12ema is 233.95 or the 13ema is 233.97. Small number MA's will be less accurate approximations of other timeframes. You'd have to agree that a difference of only 3 pips is pretty small. Of course, when any huge bars occur or spikes, I think it could throw off the accuracy just a bit more, but in my experience, never very much.

So, you can see how having multiples of each other can be helpful. It might be nice to add 300 MA's on an M5 chart to approximate the 100 on M15's, 50 on M30's. Similarly a 600 MA on an M5 will be like 200 on M15, 100 on M30 and 50 on H1.

Adding 400 MA's to an H1 gets you an approximate 100ma on an H4 chart, another very powerful MA signal.

I know it may seem insane to have so many MA's on one's charts, but which is easier... looking at one chart to know pretty much what's happening on all the TF's, or, having limited MA's on each TF and having to check each TF? That's why I prefer multiple MA's! All my sma's are solid lines. All my ema's are dashed lines. I keep the colors consistent in all my charts so I know, for example, all my 100's in every timeframe are are HotPink color.

So, in short, I will keep my 50/100/200 ema & sma's, and probably add 400 for all TF's, and possibly a few select 300's and 600's in M5 charts, or H4 charts (since a 600 H4 is similar to 100 on Daily). Anyone else is welcome to try the same, or just stick with the system as it is.


Good luck to us all for our trading today,

Pips4life

L 234.33

235 should be a good tgt 1st