Diary of a Mad Surfer | Page 23 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Wave Surfer - Trading Journal 32 replies

TEB: Retracement Wave Surfer System 156 replies

please please help going mad 4 replies

Mad Money ... Mad Market? 3 replies

Attachments: Diary of a Mad Surfer
Exit Attachments

Diary of a Mad Surfer

  • #441
  • Mar 7, 2008 5:26am Mar 7, 2008 5:26am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting Big Wave Rider
Time to put your chips on the table and see how the cards fall.
or you can fold.
WTF play the hand the way i was intending, have a plan and stick to it.


Go BIg or Go Home - hands in my pockets holding on to mine.
  • #442
  • Mar 10, 2008 7:22am Mar 10, 2008 7:22am
A.U and A.J dropping, I was waiting for this short.
Just Trade It
  • #443
  • Mar 10, 2008 7:29am Mar 10, 2008 7:29am
Quoting Big Wave Rider
A.U and A.J dropping, I was waiting for this short.
Target on A.U is the 4hr 200, which is also the T1 of the weekly fibo
Just Trade It
  • #444
  • Mar 10, 2008 7:37am Mar 10, 2008 7:37am
Quoting Big Wave Rider
A.U and A.J dropping, I was waiting for this short.
Jumped in too early on Friday, but yes I was waiting for this one as well.

Patience + Humility + Study = Success
  • #445
  • Mar 10, 2008 7:41am Mar 10, 2008 7:41am
Quoting DutchTrader
Jumped in too early on Friday, but yes I was waiting for this one as well.


You have to warm up the oven before you can stick the bread in.

Oh wait, that saying applies to something else, not trading

Ummmmm. Yeah.
Just Trade It
  • #446
  • Mar 11, 2008 1:28am Mar 11, 2008 1:28am
Quoting Big Wave Rider
Target on A.U is the 4hr 200, which is also the T1 of the weekly fibo
TARGET HIT. I just sunk your battle ship. My take profits were activated last night on A.U and A.J. TO THE PIP, PERFECT EXECUTION. Had four positions, 2 in A.U and 2 in A.J Net over 450 pips. My weekend starts now.
But I'm bored and the weather is not so good so I'll wait for another set up.
Just Trade It
  • #447
  • Mar 11, 2008 2:24am Mar 11, 2008 2:24am
Possible long opportunity in GU 1hr
Attached Image (click to enlarge)
Click to Enlarge Name: charts.gif Size: 22 KB
Just Trade It
  • #448
  • Mar 11, 2008 2:26am Mar 11, 2008 2:26am
E.U as well
Attached Image (click to enlarge)
Click to Enlarge Name: charts.gif Size: 22 KB
Just Trade It
  • #449
  • Mar 11, 2008 2:38am Mar 11, 2008 2:38am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting Big Wave Rider
E.U as well
Eu 4h TL support held also, missed my target entry at 1.5300 and didn't take the 1.5350 as i was waiting for the 5300 area to be tested once more.

Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 25 KB
  • #450
  • Mar 11, 2008 3:10am Mar 11, 2008 3:10am
Quoting MPP
Eu 4h TL support held also, missed my target entry at 1.5300 and didn't take the 1.5350 as i was waiting for the 5300 area to be tested once more.

Attachment

My god how many ema's do you have

I'm trying to do away with ema's as I find the fibs to be much more accurate.
Actually I have 5 templates which I use, The ema's, Guppy, naked, fibo and my mentors system (which I hardly ever look at any more)
Just Trade It
  • #451
  • Mar 11, 2008 3:21am Mar 11, 2008 3:21am
Quoting Big Wave Rider
My god how many ema's do you have

I'm trying to do away with ema's as I find the fibs to be much more accurate.
Actually I have 5 templates which I use, The ema's, Guppy, naked, fibo and my mentors system (which I hardly ever look at any more)
Thanks for letting us know.

Just kidding, leaving mine on. They have been extremely helpful, especially in this type of market where you have up and down days in the equity markets.

Any predictions on where EU is headed?
Humble Lifetime Member
  • #452
  • Mar 11, 2008 3:33am Mar 11, 2008 3:33am
Quoting Ash
Thanks for letting us know.

Just kidding, leaving mine on. They have been extremely helpful, especially in this type of market where you have up and down days in the equity markets.

Any predictions on where EU is headed?
Based off of monthly charts I would say 1.5713 that would be the 100% level of the last retracement

Here is the monthly chart
Attached Image (click to enlarge)
Click to Enlarge Name: charts.gif Size: 19 KB
Just Trade It
  • #453
  • Mar 11, 2008 3:38am Mar 11, 2008 3:38am
Quoting Big Wave Rider
Based off of monthly charts I would say 1.5713 that would be the 100% level of the last retracement

Here is the monthly chart
Thanks!

Could you recommend any good publications / books and Fib's? After having great success with the EMA's, need to start focusing on the Fib's.
Humble Lifetime Member
  • #454
  • Mar 11, 2008 3:52am Mar 11, 2008 3:52am
Quoting Ash
Thanks!

Could you recommend any good publications / books and Fib's? After having great success with the EMA's, need to start focusing on the Fib's.
Go to the first post on page 16 (this thread) for the fib levels plus add -1 and 2 for the 100% levels. Once you have these levels go to the Fibonacci Trading by Bobokus in the systems thread and on the first post he has some videos to watch, There are many ways to use these fibs the simplest is the bobokus method, I use that, plus I use them to measure waves to see if it qualifies as an E.W rule.

Another method I have been testing is this, on Saturday or early Sunday before asia opens, put a fib on the weekly candle and trade in the direction of the new candle. weekly candles almost always hits a target from the last weeks candle. Thats how I traded A.U and A.J yesterday, but I didn't think the targets would be hit in one day

here is the weekly fib on A.U 4hr
Attached Image (click to enlarge)
Click to Enlarge Name: charts.gif Size: 24 KB
Just Trade It
  • #455
  • Mar 11, 2008 3:55am Mar 11, 2008 3:55am
Quoting Big Wave Rider
Go to the first post on page 16 (this thread) for the fib levels plus add -1 and 2 for the 100% levels. Once you have these levels go to the Fibonacci Trading by Bobokus in the systems thread and on the first post he has some videos to watch, There are many ways to use these fibs the simplest is the bobokus method, I use that, plus I use them to measure waves to see if it qualifies as an E.W rule.

Another method I have been testing is this, on Saturday or early Sunday before asia opens, put a fib on the weekly candle and trade in the direction of the new candle. weekly candles almost always hits a target from the last weeks candle. Thats how I traded A.U and A.J yesterday, but I didn't think the targets would be hit in one day

here is the weekly fib on A.U 4hr
Thanks! I didn't know Bobokus had videos.
Humble Lifetime Member
  • #456
  • Mar 11, 2008 4:43am Mar 11, 2008 4:43am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting Big Wave Rider
My god how many ema's do you have

I'm trying to do away with ema's as I find the fibs to be much more accurate.
Actually I have 5 templates which I use, The ema's, Guppy, naked, fibo and my mentors system (which I hardly ever look at any more)
I've used Ma's for a long time now and have come accross various versions of the ma setup's, what i have is your system and Hakuna's overlaping, as i find different pairs respect diffenent ma's in there own way EU prefers 5ma to 8ma same with GJ, this months goal is to sought them out, the 100 and 200 are good for all but GU likes the 50.

so i left them inplace as i couldn't be arsed to remove them just to post a simple chart.

for me fib's and ma's rule - what the guppy system?
  • #457
  • Mar 11, 2008 5:11am Mar 11, 2008 5:11am
Quoting MPP
I've used Ma's for a long time now and have come accross various versions of the ma setup's, what i have is your system and Hakuna's overlaping, as i find different pairs respect diffenent ma's in there own way EU prefers 5ma to 8ma same with GJ, this months goal is to sought them out, the 100 and 200 are good for all but GU likes the 50.

so i left them inplace as i couldn't be arsed to remove them just to post a simple chart.

for me fib's and ma's rule - what the guppy system?
You can have any number ma and price will respect it eventually. A lot of the times one ma is another ma on a different T.F. Its hard to pick a perfect set which is why I am trying to get as naked as possible. I think the 200 the only one worth having.
The guppy is the mother of all ma systems, short term ma's crossing long term ma's here is a chart of E.U 4hr, I like the guppy method for its visual aspect, The guppy is the mother of the rainbow system.
Attached Image (click to enlarge)
Click to Enlarge Name: charts.gif Size: 25 KB
Just Trade It
  • #458
  • Mar 11, 2008 5:24am Mar 11, 2008 5:24am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting Big Wave Rider
You can have any number ma and price will respect it eventually. A lot of the times one ma is another ma on a different T.F. Its hard to pick a perfect set which is why I am trying to get as naked as possible. I think the 200 the only one worth having.
The guppy is the mother of all ma systems, short term ma's crossing long term ma's here is a chart of E.U 4hr, I like the guppy method for its visual aspect, The guppy is the mother of the rainbow system.
and you pick on me for the number of ma's on my charts, it looks nice though. i don't need any more info to study at this time so i won't be looking at that system, Ma's and Fib's work great for me

I still like the 8,13,100 and 200 system, it's provided some good indication over the last month, it is a lagging indicator, and i find that entering of the Fib's (which i'm still learning) and then holding while the Ma's give good signs is working really well. the fib's get you in a litlle earlier than the ma's and ma's hold you there and provide add on positions.
  • #459
  • Mar 11, 2008 5:40am Mar 11, 2008 5:40am
Quoting MPP
and you pick on me for the number of ma's on my charts, it looks nice though. i don't need any more info to study at this time so i won't be looking at that system, Ma's and Fib's work great for me

I still like the 8,13,100 and 200 system, it's provided some good indication over the last month, it is a lagging indicator, and i find that entering of the Fib's (which i'm still learning) and then holding while the Ma's give good signs is working really well. the fib's get you in a litlle earlier than the ma's and ma's hold you there and provide add on positions.
Thats why I have different templates, I thought I could go completely naked, but it was too hard to give up the 8,13, 100 and 200 so I kept them but on a different template, I mostly look at the naked, ( with the 200 only ) but use the others as reassurance analysis.
But I have always preferred to trade off of naked charts, even when I was first learning. Whats funny is I used to enter a trade and then see if they crossed Most of the times they had. Whats even funnier is I still do it. I just have this "feeling" of when to go in, then use the tools to convince myself it was a good call, so far so good.
Just Trade It
  • #460
  • Mar 11, 2008 5:54am Mar 11, 2008 5:54am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting Big Wave Rider
Thats why I have different templates, I thought I could go completely naked, but it was too hard to give up the 8,13, 100 and 200 so I kept them but on a different template, I mostly look at the naked, ( with the 200 only ) but use the others as reassurance analysis.
But I have always preferred to trade off of naked charts, even when I was first learning. Whats funny is I used to enter a trade and then see if they crossed Most of the times they had. Whats even funnier is I still do it. I just have this "feeling" of when to go in, then use the tools to convince myself it was a good call, so far so good.
strange really, my trading got worse the more i adding to the charts, when i first started out, i only had TL's, i still like the 100ma as it helps define trend along with the 200.

Wtf is going on with GU today, yoyo. long from .0050 so hope it holds up.
0 traders viewing now