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Petefaders Journal & Open Discussions

  • #261
  • Feb 9, 2009 2:12am Feb 9, 2009 2:12am
hey Pete,

looks like i'm late to your party!......great trading
  • #262
  • Feb 9, 2009 2:28am Feb 9, 2009 2:28am
Quoting FOURX
hey Pete,

looks like i'm late to your party!......great trading
Hey..not that late, much more party to go..

had to step away, ready 2 trade.
  • #263
  • Feb 9, 2009 2:29am Feb 9, 2009 2:29am
short 135.91, broke lower tl, 1min.
out -3, became a bull flag, not a good place to be in a short.

this week so far is alot of double tops and flags, last week was constanty H&S.
  • #264
  • Feb 9, 2009 2:43am Feb 9, 2009 2:43am
long 136.05, another bull flag on 1 min.
  • #265
  • Feb 9, 2009 2:50am Feb 9, 2009 2:50am
Quoting Petefaders
long 136.05, another bull flag on 1 min.
this may become a double top..not good.
I hate it when a scalp dies on me..slow death, just make it quick!
  • #266
  • Feb 9, 2009 3:02am Feb 9, 2009 3:02am
buy vlme on 1 min.
  • #267
  • Feb 9, 2009 3:07am Feb 9, 2009 3:07am
Quoting Petefaders
long 136.05, another bull flag on 1 min.
out +8..like pulling teeth.
  • #268
  • Feb 9, 2009 3:12am Feb 9, 2009 3:12am
out +16, had to jump back in on this impulsive up move..nice and quick this time.



+173 pips for the day.
  • #269
  • Feb 9, 2009 3:20am Feb 9, 2009 3:20am
long 136.55, small position
  • #270
  • Feb 9, 2009 3:27am Feb 9, 2009 3:27am
Quoting Petefaders
long 136.55, small position
now long with 2 full positions.
  • #271
  • Feb 9, 2009 3:31am Feb 9, 2009 3:31am
Quoting Petefaders
now long with 2 full positions.
out +10 first position
2nd position SL at BE.
  • #272
  • Feb 9, 2009 3:38am Feb 9, 2009 3:38am
Quoting Petefaders
out +10 first position
2nd position SL at BE.
out +11 on 2nd long

FEEL FREE to post, guys..I feel like a tap dancing monkey..or something, lol.


+194 pips for the day.
  • #273
  • Feb 9, 2009 3:47am Feb 9, 2009 3:47am
Quoting Petefaders
out +11 on 2nd long

FEEL FREE to post, guys..I feel like a tap dancing monkey..or something, lol.


+194 pips for the day.

Dont feel like a monkey

your trades are grate..We have similar ones too but you are much better then me ...Congrat.
Work smart not hard
  • #274
  • Feb 9, 2009 3:50am Feb 9, 2009 3:50am
short 136.69, break of lower TL on 1 min.

hope price bounces down from r1 136.90 (resistance)..just hit.
  • #275
  • Feb 9, 2009 3:56am Feb 9, 2009 3:56am
Quoting Petefaders
short 136.69, break of lower TL on 1 min.

hope price bounces down from r1 136.90 (resistance)..just hit.
out +11, fabulas scalp..quick, no draw down, just the way I like it.
  • #276
  • Feb 9, 2009 3:58am Feb 9, 2009 3:58am
Quoting sony
Dont feel like a monkey

your trades are grate..We have similar ones too but you are much better then me ...Congrat.
Thnx..ok,
but I kinda like the name now it's catchy..tap dancing monkey, lol!

how do you trade.. mainly g/j scalps too? what is your system baased on?
  • #277
  • Feb 9, 2009 4:01am Feb 9, 2009 4:01am
Quoting Petefaders
Thnx..ok,
but I kinda like the name now it's catchy..tap dancing monkey, lol!

how do you trade.. mainly g/j scalps too? what is your system baased on?

I did it by Piters way but on 5 min TF..Bit more secure but less pips and less money.

Yes only that pair.

You?
Work smart not hard
  • #278
  • Feb 9, 2009 4:06am Feb 9, 2009 4:06am
Quoting sony
I did it by Piters way but on 5 min TF..Bit more secure but less pips and less money.

Yes only that pair.

You?
ah, piters doske system?, cool. I tested it..great for trending markets, not for ranging. Might be ideal to have a range system along with it.

The basics of how I trade are on my first page. All should read it especially to see the way I use volume.
  • #279
  • Feb 9, 2009 4:11am Feb 9, 2009 4:11am
Quoting Petefaders
ah, piters doske system?, cool. I tested it..great for trending markets, not for ranging. Might be ideal to have a range system along with it.

The basics of how I trade are on my first page. All should read it especially to see the way I use volume.

I will study it during the weekend..Looks very interesting and very profitabl too

Thanks for shareing it.

yes by Doske
Work smart not hard
  • #280
  • Feb 9, 2009 4:19am Feb 9, 2009 4:19am
Quoting sony
I will study it during the weekend..Looks very interesting and very profitabl too

Thanks for shareing it.

yes by Doske
The thing is, I don't say I have a system..
First I gained all the basic knowledge a trader MUST have..especially a scalper. (there is evermore for me to learn)

Having all those tools is the key to uderstanding what's going on on your screen, and why..at least enough uderstanding to make pips.

Then a trader needs an edge, so they say. I guess mine is volume. I have yet to see, in one year on FF, someone use the free mt4 volume indicator.
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