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Trading Like A Sniper

  • #1
  • First Post: Edited 7:24pm Aug 2, 2008 3:35pm | Edited 7:24pm
Just follow my lead and forget about everything you know.

In this thread i will be posting Medium Term signals with a Visual Aid. You can take them with calm and easily since they take a while to play out, but the relaxation you get and the winning ratio, is priceless.

I don't care how many risk do you take. Just Buy and Sell as i command, and you'll do fine. With this kind of trade with low noise, i risk more than 10% in one trade if i have to, but keep in mind that i only take the best of the best signals, so i may pass very good ones to play only the better.

I don't make outlooks for the pairs. I just buy them or sell them if i think they have good valuations and then i wait to see what happens.

I just arrived from a trip and i missed some moves, so i have to wait, but as i said, i don't care where the pairs might be heading now. I only care about that when they have a good value to do something.

For example, Eur/Usd is moving, many can argue that its gonna resume eventually or reverse, but its irrevelant. Its a bad time to buy or sell right now, so i dont bother to be a psychic.

So, when i have a good valuation to do something it doesn't matter that much if i ill be right in my medium term trade, what matters is that short term it will be very difficult to start to lose right away, so i have lots of time to jump out if it brokes in the middle of the way. The outcome is saving my money or winning a lot, all good...

My views are all about Momentum, Symmetry and short term Bubble Bursts. These ones are the key.
I also pay attention to the trend but i would say that the trend is the less important factor in my analisys, but it must be watched offcourse.

Its all analyzed by eye and nothing more.

Forget about those guys that advise you to buy breakouts when you are one billion pips above the last low. Forget about those guys that advise to sell at the minumum failure, when the rest of the trend looks like a rocket. Forget about thoses guys that base all of their trading in things like a candle breaking out the previous candle low...! JUST LET THEM GO, and start to think with logic. This guys play the market like if it was a video game like if they were playing Tetris even giving names to the candles... which is ridiculous.

Lets see what next week brings us. Prepare to make thousands of pips.

When you get rich, i hope you thank me, with a good present!!
  • #2
  • Aug 2, 2008 5:46pm Aug 2, 2008 5:46pm
Quoting Warper
Just follow my lead and forget about everything you know.

In this thread i will be posting Medium Term signals with a Visual Aid. You can take them with calm and easily since they take a while to play out, but the relaxation you get and the winning ratio, is priceless.

I don't care how many risk do you take. Just Buy and Sell as i command, and you'll do fine. With this kind of trade with low noise, i risk more than 10% in one trade if i have to, but keep in mind that i only take the best of the best signals, so i may pass very good ones to play only the better.

I don't make outlooks for the pairs. I just buy them or sell them if i think they have good valuations and then i wait to see what happens.

I just arrived from a trip and i missed some moves, so i have to wait, but as i said, i don't care where the pairs might be heading now. I only care about that when they have a good value to do something.

For example, Eur/Usd is moving, many can argue that its gonna resume eventually or reverse, but its irrevelant. Its a bad time to buy or sell right now, so i dont bother to be a psychic.

So, when i have a good valuation to do something it doesn't matter that much if i ill be right in my medium term trade, what matters is that short term it will be very difficult to start to lose right away, so i have lots of time to jump out if it brokes in the middle of the way. The outcome is saving my money or winning a lot.

My views are all about Momentum, Symmetry and short term Bubble Bursts. These ones are the key.
I also pay attention to the trend but i would say that the trend is the less important factor of my analisys, but watched.

Its all analised by eye and nothing more.

Forget about those guys that advise you to buy breakouts when you are one billion pips above the last low. Forget about those guys that advise to sell at the minumum failure, when the rest of the trend looks like a rocket. Forget about thoses guys that base all of their trading in things like a candle breaking out the previous candle low...! JUST LET THEM GO, and start to think with logic. This guys play the market like if it was a video game like if they were playing Tetris even giving names to the candles... wich is ridiculous.

Lets see what next week brings us. Prepare to make thousands of pips.

When you get rich, i hope you thank me, with a good present!!
Sounds good....i will watch for your postings with anticipaiton.....
"Keep your eyes on the helpers" - Mr. Rogers
  • #3
  • Aug 2, 2008 5:58pm Aug 2, 2008 5:58pm
Analised? You mean analyzed... right? Because the other one isn't so good.
  • #4
  • Aug 2, 2008 6:51pm Aug 2, 2008 6:51pm


Norty.
The market reveals who we really are...
  • #5
  • Aug 2, 2008 7:07pm Aug 2, 2008 7:07pm
Quoting Rabid
Analised? You mean analyzed... right? Because the other one isn't so good.

lol, first of all i bet that it is very painful to wake up in the morning and see a face like yours in the mirror. I'm sorry man.

So, because of that, i might excuse you for making a post focusing in a mistake, made by someone that doesn't even live in an english speaking country, nor ever lived.

In fact its kind of fun because as we all see in the movies, Americans are the worst spellers in the world. Every scene in a school, or any game show, there's always a stupid guy than can't even spell a 4 letter word. The english class in the movies is always about spelling words correctly, which is incredible considering they are teenagers, and not 5 year olds.

More incredible is a guy that only understand one language, trying to make a joke about one that understands 4 languages.


Anyways, i guess this is a good example of a bad trader that you new guys should avoid. A guy that doesn't like the new trading ideia, so he makes fun of a word.

Man, i wish you luck, because with the recession that is coming there in the next years, i hope you have money to feed your kids, much less getting them to learn english.

hahahaha
  • #6
  • Aug 2, 2008 7:21pm Aug 2, 2008 7:21pm
Quote
So, because of that, i might excuse you for making a post focusing in a mistake, made by someone that doesn't even live in an english speaking country, nor ever lived.
Excuse me for trying to lighten the mood from arrogance. I guess in your country they don't have spell check either? LOL

Either way, whatever. Post as you will. But the whole "do as I say and get rich" thing... that's not the voice of experience speaking there, now is it?
  • #7
  • Aug 2, 2008 7:31pm Aug 2, 2008 7:31pm
Warper: The reactions that you are getting is mainly due to your post coming off a bit arrogant."Do as I say and get rich" "Just Buy and Sell as I command". "Prepare to make thousands of pips" Comes across as though you believe yourself to be a God of Forex.

Other than for the mere satisfaction of pumping up your ego, why bother with posting your trade calls?? If your answer is to help people, then I must inform you that doing this just hurts people. People who are dependent on others to determine market direction ultimately will fail. Unless your system is easily duplicable even to the newer traders posting it in an open forum does more of a disservice than you probably can imagine.

And, if your methodolgy is so great why bother sharing it at all? Make a ton of money yourself and then become the next great philantropist. As fantastic as your system is, you are certainly piling up tons of cash in your live account. Aren't you??
  • #8
  • Aug 2, 2008 7:44pm Aug 2, 2008 7:44pm
Hello,

Very interesting thread you started. Are you going to deliver trade signals at certain times of the day or random times? If at random times how will your followers get into the trade at the exact time or close to the exact time that you do?

Regards,
Jeff

Quoting Warper
Just follow my lead and forget about everything you know.

In this thread i will be posting Medium Term signals with a Visual Aid. You can take them with calm and easily since they take a while to play out, but the relaxation you get and the winning ratio, is priceless.

I don't care how many risk do you take. Just Buy and Sell as i command, and you'll do fine. With this kind of trade with low noise, i risk more than 10% in one trade if i have to, but keep in mind that i only take the best of the best signals, so i may pass very good ones to play only the better.

I don't make outlooks for the pairs. I just buy them or sell them if i think they have good valuations and then i wait to see what happens.

I just arrived from a trip and i missed some moves, so i have to wait, but as i said, i don't care where the pairs might be heading now. I only care about that when they have a good value to do something.

For example, Eur/Usd is moving, many can argue that its gonna resume eventually or reverse, but its irrevelant. Its a bad time to buy or sell right now, so i dont bother to be a psychic.

So, when i have a good valuation to do something it doesn't matter that much if i ill be right in my medium term trade, what matters is that short term it will be very difficult to start to lose right away, so i have lots of time to jump out if it brokes in the middle of the way. The outcome is saving my money or winning a lot, all good...

My views are all about Momentum, Symmetry and short term Bubble Bursts. These ones are the key.
I also pay attention to the trend but i would say that the trend is the less important factor in my analisys, but it must be watched offcourse.

Its all analyzed by eye and nothing more.

Forget about those guys that advise you to buy breakouts when you are one billion pips above the last low. Forget about those guys that advise to sell at the minumum failure, when the rest of the trend looks like a rocket. Forget about thoses guys that base all of their trading in things like a candle breaking out the previous candle low...! JUST LET THEM GO, and start to think with logic. This guys play the market like if it was a video game like if they were playing Tetris even giving names to the candles... which is ridiculous.

Lets see what next week brings us. Prepare to make thousands of pips.

When you get rich, i hope you thank me, with a good present!!
  • #9
  • Aug 2, 2008 8:35pm Aug 2, 2008 8:35pm
Quoting magnumfreak
Warper: The reactions that you are getting is mainly due to your post coming off a bit arrogant."Do as I say and get rich" "Just Buy and Sell as I command". "Prepare to make thousands of pips" Comes across as though you believe yourself to be a God of Forex.

Other than for the mere satisfaction of pumping up your ego, why bother with posting your trade calls?? If your answer is to help people, then I must inform you that doing this just hurts people. People who are dependent on others to determine market direction ultimately will fail. Unless your system is easily duplicable even to the newer traders posting it in an open forum does more of a disservice than you probably can imagine.

And, if your methodolgy is so great why bother sharing it at all? Make a ton of money yourself and then become the next great philantropist. As fantastic as your system is, you are certainly piling up tons of cash in your live account. Aren't you??
I have a good friend who also trades mid-term trades using hardly any indicaotors and he charges 2000 USD for a years worth of signals. Mostly his trades are based on fundamentals and interest rates. I do not subscribe, but once in a while he throws me a bone and i share my trades with him.

Most of his trades have targets of 300 or more pips. One trade he sent me had a target of over 1000 pips and it closed out at 540 pips. To date he is up over 19000 pips this year.

Anyone who mentions mid-term to me already in my opinion knows more than i do, and i will say that these trades might very well be worth looking at before any opinion is made regarding the title of "his" journal.

"Keep your eyes on the helpers" - Mr. Rogers
  • #10
  • Aug 2, 2008 8:36pm Aug 2, 2008 8:36pm
Quoting Rabid
Excuse me for trying to lighten the mood from arrogance. I guess in your country they don't have spell check either? LOL

Either way, whatever. Post as you will. But the whole "do as I say and get rich" thing... that's not the voice of experience speaking there, now is it?
Are you sure about that?
"Keep your eyes on the helpers" - Mr. Rogers
  • #11
  • Aug 2, 2008 8:38pm Aug 2, 2008 8:38pm
Quoting azjeff
Hello,

Very interesting thread you started. Are you going to deliver trade signals at certain times of the day or random times? If at random times how will your followers get into the trade at the exact time or close to the exact time that you do?

Regards,
Jeff
I believe mid term trades have the potential to be open for many weeks, so i don't think you will need to worry about getting the siganl a little late. I am only basing this on a friend of mine who also trades mid-term trades, so i really don't know for sure.
"Keep your eyes on the helpers" - Mr. Rogers
  • #12
  • Edited Aug 3, 2008 7:33am Aug 2, 2008 10:24pm | Edited Aug 3, 2008 7:33am
Quoting Rabid
Excuse me for trying to lighten the mood from arrogance...

...that's not the voice of experience speaking there, now is it?
I'm sorry, but you can criticize my trading all you want and you can even acuse me for whatever you want down the road.

But lets face it, for your first post, saying.... "ah.. analised is wrong.... hohoho..." in an international forum.. thats just an incredible void of ideas.

Anyway. As far as experience goes, anyone that started to trade when the carry trades were a mine of gold and got used to that, and then got through the major collapse without getting broke...

...Thats experience right there. And in fact... if you go through, some of my old posts... you may find some normal mistakes... But...

...you also find me talking about the imminent skyrocket rise from the Euro.. when it was already at 1.40s... and every guru was calling a top.

I also remember to predict the cable bull runs the first to 2.0600.. and i even had to convince many masters around here, that the drop in august 2007 in the cable, would not really be the reversal right there, because it needed a retest, which ended up being another run to 2.1000

I have to admit, that as a new trader back then, i got confused about the future of the jpy pairs, and i stayed away from them for a long time to understand better the problem. However, i also have comments alerting for the fact that bonds were pricing a recession at the time. But before the crisis, i was making gold in the early 2007, buying dips, waking up in the morning and seeing... "Oh Nice!"

So, i guess im not bad, considering that i had a few months of trading at the time, and i was already teaching veterans to avoid calling imaginary tops.


Quoting magnumfreak
Warper: The reactions that you are getting is mainly due to your post coming off a bit arrogant...

People who are dependent on others to determine market direction ultimately will fail. Unless your system is easily duplicable even to the newer traders posting it in an open forum does more of a disservice than you probably can imagine.

And, if your methodolgy is so great why bother sharing it at all?
Common... can't you see the humor in it? In fact, it portraits what has been going on for years in this forum, but its not admited.

I don't have a system. And whats good about my method is the fact that it tells the ppl that the ONLY way, is getting rid of systems and learn to train their vision.

I don't think you realize that i've been in this forum for some time, and i have tons of debates with all kinds of traders. I remember long threads with teams fighting to defend their views. Many debates were about shuting up gurus... so, believe me.. i know about that disservice because i witnessed thousands of new traders engaging in battles against the few ones that were right, because they believed in their personal gurus.

You ask me why bother to share? And i ask, did i shared something substancial? Remember that... there is a specific section to discuss trading systems.

This is a journal... where i put my trades and i don't have to get deep in explanations...

My idea is to inform when i see a buying or a selling oportunity. And then i briefly talk about the four factors into play at that trade.

Momentum
Symmetry
"Air" Bubbles
Trend

I dont talk about possible examples, or why it works. I just comment on whats happening because the examples are anywhere in the past.

Some get to understand it, some don't. I don't plan to teach the world to trade like me because i know that only a few will get it. If you are good, you deserve to escape from the normal stuff. And thats the ppl i'm aiming for, not the masses.


Quoting azjeff
Hello,

Are you going to deliver trade signals at certain times of the day or random times?
I will try to make the signals available after the end of New York session.

Since i base many of my entry points in sharp initial moves, there could be some intraday corrections which can give you the window to get in the next days. The open wound is already there, so, after some facts happen, it doesn't matter if it consolitates, the damage is there and it is only waiting for the ppl to get into the boat to leave.

When there is a possible bubble situation its better to follow the signals everyday because the second day might sent the pair hundreds of pips away very fast.

Stoplosses are normally above 300 pips. And the target or exit point is discretionary based on a daily analysis, that only gets revealed if it is the case to leave.

Quoting damonl
Mostly his trades are based on fundamentals and interest rates.

Anyone who mentions mid-term to me already in my opinion knows more than i do
I also pay attention to fundamentals, they drive the market and i have a long term view about some pairs simply because i like to know it.

But i learned that the techs are enough to profit from sentiment.

And i give you an example about bubbles. My favorite is the Nasdaq Bubble. When a bubble bursts, no matter what kind of news came out, no matter nothing, it simply follows a painful momentum and some symmetry from the time of the bubble creation.

I mean.. in the end fundamentals prove they matter, but its not the news in between that will make something stop the monster. They only start to pay attention again when the technical support is solid and does't have that air/void felling below it that needs to get off.

My choice about mid term trades is about having a relatively fast trade, but knowing about what the big guys are thinking and trading with calm. Of course the longer term investors that invest in a trade for years can think higher than the daily trend, but once the daily trend gets pace, they all get out, so the daily trend is enought to know the overall sentiment of the entire group of Forex traders in the world, so, its not important to look above that.

I do believe that intraday trading is very possible too and i did it for a while, but what i noticed is that trading mid term has more advantages even considering ROI.

Many ppl assume that they will get more money on intraday because they can get more leverage and more trades. But in my view, i believe that we can offset the less opportunities but extremelly good, with a rise of the nominal risk.

The real risk stays low, because if a trade reverses in the daily chart, you cut your losses well before you get stopped. You know that if there is an unnexpected negative candle, you know that the candle has reflected the actual view of the forex world and thats not good, and again... you get out far away from the big risk.

In intraday, something reverses but you are not sure and you always wait for the stop to get hit, because until it get hit, it doesn't mean nothing.


So, medium term, i have the same real risk based on a rise in nominal risk Vs rise in R:R . But i also have a time window of several hours to a few sessions, before i make my mind. And i can sleep well.. because i enter near the same time at everytrade, avoiding me to wait longer into the night or wake up too soon.









Anyway, i have to advise 2 things for anyone reading this.

First, if you demo trade for a few months and you got it right, don't worry about the money you didn't win. Just worry where you will put your big cars in the next decade. Demo Trade!!

Also remember that we can be weeks out of trades. Its not months because i don't follow the trend by the book. Corrections can be traded, if they appear to be mini bubbles.
  • #13
  • Aug 3, 2008 5:40am Aug 3, 2008 5:40am
Quoting Warper
Just follow my lead and forget about everything you know.

Prepare to make thousands of pips.
Wow I'm pumped, let the pips begin!

Hey warper I sure hope you can produce the goods after an intro like that, you do know you're going to get ripped a new one by these piranhas if you don't, right?

Less talk, more pips!!
  • #14
  • Aug 3, 2008 10:38am Aug 3, 2008 10:38am
Quoting lostinspace
Hey warperI sure hope you can produce the goods after an intro like that, you do know you're going to get ripped a new one by these piranhas if you don't, right?
And deservedly so, don't you think with a thread title like this?

Asian session starts in about 6 1/2 hours. Should be interesting.
  • #15
  • Aug 3, 2008 4:40pm Aug 3, 2008 4:40pm
Quoting opie999
And deservedly so, don't you think with a thread title like this?

Asian session starts in about 6 1/2 hours. Should be interesting.
Absolutely!
  • #16
  • Aug 5, 2008 1:28am Aug 5, 2008 1:28am
  • #17
  • Aug 5, 2008 8:48am Aug 5, 2008 8:48am
  • #18
  • Aug 5, 2008 10:04am Aug 5, 2008 10:04am
  • #19
  • Edited 12:54pm Aug 5, 2008 12:27pm | Edited 12:54pm
opie999 and magnumfreak

I'm sorry for your losses over the time, but unfortunately i can't help you with your impatience to recover from them. Despite your useless inputs, its not bothering to explain again whats the support behind this new thread.

First of all i take this to repeat for those who didn't paid attention, that some good oportunities started in July, but as you can check i started this thread already in August, as i was away for a while before it. Now they are too far from good levels to consider the risk immediately.

Maybe i should have waited to start the thread more near into a next opportunity, however, impatient readers must understand that i'm not here to run a magazine and this isn't a daily outlook for the pairs just to entertain and chat.

This will be a solid Journal where i'll be putting real trades based on medium term signals. I'm watching for sooner rather than later opportunities, but, in the time frame i watch, there can be weeks before a good entry or a good exit to come along.

Just to clarify, my assessment for the timing of the trades are this.

Intraday... Hours

Short Term... 1 to 3 days

Medium term... Weeks to Months (Where i am)

Long term... Years (this one is most used for Commodities and Stocks, but can be also used for a troubled country like a country with a 10 Trilion dollar National Debt, almost 100% of GDP, and more than 50 Trillion of unfunded liabilities like social security and medicare. Guess who?

The objective of this Journal is to make for the first time in this forum, a live record with a sucessful trading activity lasting years. What this means is that, for a long time the only reason thousands of traders followed a few with no credits, was simply because they claimed to trade for some time, or because their trading "looked good"... or because they have some talking skills, which would fool most of the people.

That's coming to an end. For the first time, the ppl that want to learn will come here and say, "i don't know this guy, but at least i can have confidence because i see the results nice and clean as they happen"

Maybe theres some records out there, but many show anonymous old statements with a good month deep into the past, some show fake statements and others show statemens with thousands and thousands of trades but with a sad growth after years which they consider to be the top of the game. That will stop to be a golden factor for others to follow.

Maybe, its not interesting for many traders to watch a journal with few signals per month, however, thats not only the best way but for me personally is lots of fun, if i took into prespective some facts.

How much fun is to open a trade, looking it transforming in hundreds of pips, but in the way, you see ppl trying to call multi year reversals based on hourly charts, you see clueless ppl very mad about irrational moves and trying to fight it back, but in the end you just think "lol what are this guys talking about, this is rising in the weeks ahead, where are they looking at, 50 pip drop? hahah" , and then i get out and relax for a few days, or a few weeks, not after i exit with a big trade.

Look, i can understand your point of view, you are obsessed about trading, like i was. Common, who weren't?

But once we get out of that mind set, its very relaxing.

Waking up in the morning, analysing and then keep watching and watching, its not healthy. Finishing lunch or dinner and keep thinking about trading its not healthy. Going to sleep thinking about it, is not healthy.

Healthy is being relax during the day. Walking with calm on the way to home. Making exercise or going out without thinking about the charts, and at the end of the day, making a round up of whats going on.

Sure you can look for whats happening during the day but, its not stressful, because you are not looking for nothing, its just curiosity.

You guys have few minutes to take a shot and pull the trigger, i have several hours to get it right and enhance my confidence in a powerful trade.

The advantages are some that i already mentioned, but also, getting a firmer and stronger personality. You endure several days without paying attention to the crowd bs. And in the end you have the feeling of a nice piece of money (considering my risk) AND the felling of predicting the future, and being far smarter than the others.

I know its very fun to trade everyday, but once we get a taste of facing everything with calm and not worry and focus our life in a certain thing, we fell like you can do about anything, because you can stop, think and nail whatever you want.

Its like a Crime Investigation. Just like it... reporters want the news everyday because they are worthless without them, but the investigation has a calm and patient environment inside it.

You guys are the mindless news reporters with no brains, i'm the CSI.



Now... just wait!

What i mean with all of this is simple. Just continue to read the rest of the forum and forget about this thread... Then when i see something, i post it, and everyone can see it and comment. How simple is that?


Then, over time, we'll see the trading Record growth (in pip count) and then you can come here make zzzzzzz with your empty pockets of crowd followers.

Btw, i checked a little about you guys and its a bit weird to see more than 95% posts not about trading. Just chit chat...

That tells me something about you, and its pretty common around here. Typical ppl that enter in the forum with tons of expectations... and then just end up making friends and forget completly about forex. I bet you guys busted your accounts about 6 months ago, and didn't traded since then.
  • #20
  • Aug 5, 2008 12:45pm Aug 5, 2008 12:45pm
Come on man, they just posted a few smileys and you declared a world war on them.

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