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Simplicity is the Key

  • #1,941
  • Nov 21, 2007 12:20pm Nov 21, 2007 12:20pm
I know a lot of you are hating me now...for urging you the trade this one. myself included my indicator says Short not until it says otherwise, ill stay. My calculation sys if it is going to reverse it will happend at 2.0632
  • #1,942
  • Nov 21, 2007 12:21pm Nov 21, 2007 12:21pm
Quoting natejax
LOL.. no its stochastic and RSI.. i use xtick not broker software.. i think you are right on that it is a good sell but right now it is in the middle of a mini up-trend so you can make more by waiting for it to finish moving back up... i am definitely taking the trade.
what is xtick
  • #1,943
  • Nov 21, 2007 12:24pm Nov 21, 2007 12:24pm
Quoting trader101
I know a lot of you are hating me now...for urging you the trade this one. myself included my indicator says Short not until it says otherwise, ill stay. My calculation sys if it is going to reverse it will happend at 2.0632
I'll hang in with you.
  • #1,944
  • Nov 21, 2007 12:38pm Nov 21, 2007 12:38pm
xtick is charting software.

Dont be too hard on yourself Trader! we appreciate your signals and everyone knows not every trade will win.. this one may yet, however. i am certainly not sweating a few dollars here after last nights take!
  • #1,945
  • Nov 21, 2007 12:42pm Nov 21, 2007 12:42pm
Quoting natejax
xtick is charting software.

Dont be too hard on yourself Trader! we appreciate your signals and everyone knows not every trade will win.. this one may yet, however. i am certainly not sweating a few dollars here after last nights take!
OK .. Nate
Word of the wise.. we let it go
Im embarass, I will make it up to all of you this Friday, I promise..
  • #1,946
  • Nov 21, 2007 12:44pm Nov 21, 2007 12:44pm
Close Trade
  • #1,947
  • Nov 21, 2007 12:46pm Nov 21, 2007 12:46pm
Trade Summary

38) Sell GbpUsd @ 2.0567 --- Loss -61


------------------------------
NET P/L FOR THE WEEK +1,242
------------------------------
  • #1,948
  • Nov 21, 2007 12:51pm Nov 21, 2007 12:51pm
Yes, T101 please do not be too hard on yourself. You cannot win every trade and believe you me this isn't the first trade I've lost! So are we going to stop trading now until Friday?
  • #1,949
  • Nov 21, 2007 12:51pm Nov 21, 2007 12:51pm
Ok Folks,
Here is the schedule:
Thu: Hanging out in FF, Watch Chart closely, maybe reluctant to trade because of absence of volatility. Not only in US is holiday. i think also in Japan.
Fri: hangin in FF and will trade should signal and volatility are ok
  • #1,950
  • Nov 21, 2007 12:53pm Nov 21, 2007 12:53pm
Sounds good. I'm still way behind this week, so I am hoping for a few good moves before the weekend.
  • #1,951
  • Nov 21, 2007 12:53pm Nov 21, 2007 12:53pm
Lets call it a day!!!!!! What a day.
  • #1,952
  • Nov 21, 2007 12:56pm Nov 21, 2007 12:56pm
For those that have questions, comments or suggestions. Feel free to PM me
Trader101
  • #1,953
  • Nov 21, 2007 12:56pm Nov 21, 2007 12:56pm
was a great day! im trading if you are tonight. but by all means, you deserve a night to relax if that is your choice tonight.. i know i will be eating good tonight. thanks to you brother!
  • #1,954
  • Nov 21, 2007 12:57pm Nov 21, 2007 12:57pm
Great calls trader. Thank you again...
Gone to a better place
  • #1,955
  • Nov 21, 2007 3:45pm Nov 21, 2007 3:45pm
I know im new here, but thanks for this thread trader, its awesome!
I definitely look forward to another exciting week.
  • #1,956
  • Nov 21, 2007 5:37pm Nov 21, 2007 5:37pm
Quoting Mills, Inc
I know im new here, but thanks for this thread trader, its awesome!
I definitely look forward to another exciting week.
Opps.. dont forget there is still Friday???It might be exciting?? Did you follow my trade??Did you make some money???
Thanks anyway for believing in it.
  • #1,957
  • Nov 21, 2007 5:38pm Nov 21, 2007 5:38pm
Quoting smikester
Great calls trader. Thank you again...
Thanks for believing in it. Sir
T101
  • #1,958
  • Nov 21, 2007 5:49pm Nov 21, 2007 5:49pm
PIP TALLY

-------------------------------------
THIS WEEK NET P/L +1,242 PIPS
-------------------------------------
PREVIOUS WEEK NET P/L + 508 PIPS
-------------------------------------
CUMMULATIVE TOTAL +1,750 PIPS
-------------------------------------
  • #1,959
  • Nov 21, 2007 5:55pm Nov 21, 2007 5:55pm
Wow! Those are awesome totals. I don't know many traders who can manage those kind of returns each week. How many pips do you think you can realistically expect to earn each week?

Even though things didn't work out for me this week, I'm looking forward to Friday and next week. Maybe we can squeeze some more pips out.
  • #1,960
  • Nov 21, 2007 6:02pm Nov 21, 2007 6:02pm
Quoting hansel
Wow! Those are awesome totals. I don't know many traders who can manage those kind of returns each week. How many pips do you think you can realistically expect to earn each week?

Even though things didn't work out for me this week, I'm looking forward to Friday and next week. Maybe we can squeeze some more pips out.
I hope you believe me but I am averaging more than 1000 pips weekly for the past 6 months of live trading. Dont ask about the money amount. LOL. It normally is like that like you have a drwdown at the beginning of the trade so is at the beginning of the week, let call it drawdown too..I am hoping some movement on Friday if not then we wait for sunday when everybody is excited to position their trade. I call Sunday as the scalping time put the trade at the opening and if it is correct you make 500 to 600 pips until midnight then run.
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