DislikedLike I said earlier, if hourly QQE crosses up with a candle to close above it's gann, this beast will turn bullish.Ignored
Auslanco - GBP/JPY and GBP/USD (newstrade)
Ok, let's leave this guy aside. I have seen his thread but haven't seen his transaction history. No trader who is not gambling is able to make 3k into 100k. It would take a constant growth rate of 33,93 % per month to do it in a year or 15,73 % per month to do it in 24 months...
- #111,784
- Sep 9, 2008 2:27am Sep 9, 2008 2:27am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #111,785
- Sep 9, 2008 2:32am Sep 9, 2008 2:32am
- | Joined Jun 2008 | Status: Professional Frontrunning Troll | 2,312 Posts
actually 33% a month isn't that hard to do with fx
right now the 4h QQE uncrossed again, so if the 1h QQE crosses up and a candle closes above 1h gann then this beast is heading higher before it drops hard (that'll be when 4h QQE crosses down n a 4h candle forms below gann hilo)
don't follow me this is just information for me too!
GBP/JPY - 9 September 2008
Price Technical Significance
195.65(M) Daily High Sep 8
194.05(M) 10 Day SMA
192.00(M) Hourly Res Sep 8
190.70(M) Hourly High Sep 9
Flat AT 190.00
186.25(M) Daily Low Sep 5
185.60(M) Monthly Low Dec 03
180.45(M) Monthly Low Nov 03
179.45(M) Monthly Low Oct 03
[Strategy:[email protected]] Yesterday"s 195.65 bounce proved short lived, as the price collapsed to 187.95. Oversold dailies are edging higher, but the trend is strong.
33% a month isn't unusual to achieve. Whats hard is to maintain that 33% compounded every month for 12 consecutive months without making a mistake and screwing it all up.
better wish me luck cause i probably will need it
- #111,790
- Sep 9, 2008 2:38am Sep 9, 2008 2:38am
- | Joined Dec 2007 | Status: Pakute Trader | 885 Posts
right now the 4h QQE uncrossed again, so if the 1h QQE crosses up and a candle closes above 1h gann then this beast is heading higher before it drops hard (that'll be when 4h QQE crosses down n a 4h candle forms below gann hilo)
So you meant a possible bullish retracement but ultimately still down, I thoought for a moment you were saying it could be finished with the downtrend.My 4h has candles well under gann and QQE is crossed down, looks like it would take some major upside to push the candle back above gann.
1h has a doji candle for now, just under gann and QQE is crossed down, but starting to curl up. Price really fighting around this 189.50 level....
actually 33% a month isn't that hard to do with fx
33% a month isn't unusual to achieve. Whats hard is to maintain that 33% compounded every month for 12 consecutive months without making a mistake and screwing it all up.
(and it's actually 33,93 % = ~34 %)My average growth rate is 10,93 % per month (since May) and I think it must be one of the best on FF ...
- #111,792
- Sep 9, 2008 2:44am Sep 9, 2008 2:44am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
OK, you're so helpful to explain all this
My 4h has candles well under gann and QQE is crossed down, looks like it would take some major upside to push the candle back above gann.
1h has a doji candle for now, just under gann and QQE is crossed down, but starting to curl up. Price really fighting around this 189.50 level....
Trade what you see, not what you think.
- #111,793
- Sep 9, 2008 2:47am Sep 9, 2008 2:47am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Does anyone else think the same way ?
My average growth rate is 10,93 % per month (since May) and I think it must be one of the best on FF ...
Trade what you see, not what you think.
- #111,796
- Sep 9, 2008 2:54am Sep 9, 2008 2:54am
- | Joined Dec 2007 | Status: Pakute Trader | 885 Posts
33% a month isn't unusual to achieve. Whats hard is to maintain that 33% compounded every month for 12 consecutive months without making a mistake and screwing it all up.
Just for fun, here is an excel spreadsheet I made showing how starting with a $500 micro account, making a consistent 150 pips per week, and adding one position per week (starting with 3 micro positions), look what happens after 3 years...
You can change the inputs for a different starting size account, different number of pips per week .. just to see what happens..
Under lot value:
.10 = 1 micro lot, 1 = one mini lot, 10 = one standard lot.
Consistency would be the key
- #111,797
- Sep 9, 2008 2:54am Sep 9, 2008 2:54am
Does anyone else think the same way ?
My average growth rate is 10,93 % per month (since May) and I think it must be one of the best on FF ...
fantastic growth rate Pirin. just read your profile and you mention favourite curency is NZD. does that curency make up most of the 10.93% growth? basicly do you still trade nzd pairs
Yes, most of my income is from nzd/usd. We are discussing it on the NZD/USD thread ( http://www.forexfactory.com/showthread.php?t=29554 ). Would like to see you there if you trade the NZD too 