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James16+Rayanmcd(Jan kone) and ME 7 replies

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Jankone M5 thread

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  • Post #1,521
  • Quote
  • Oct 14, 2009 7:06am Oct 14, 2009 7:06am
  •  Kakyn
  • | Joined Sep 2009 | Status: .com | 236 Posts
Anyone caught this monter move?

With trend + Pin + Div
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  • Post #1,522
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  • Oct 14, 2009 7:59am Oct 14, 2009 7:59am
  •  fat_tom
  • | Joined Jun 2009 | Status: Member | 191 Posts
Quoting Kakyn
Disliked
Anyone caught this monter move?

With trend + Pin + Div
Ignored


Only trade today so far...

Tom
 
 
  • Post #1,523
  • Quote
  • Oct 14, 2009 10:01am Oct 14, 2009 10:01am
  •  Alswel
  • | Joined Jun 2008 | Status: Member | 17 Posts
I am sure we all took this EUR/USD.
13 points.
EDIT: This does fit our criteria, yes?


My brother took this other one on the EUR/BGP. I am not sure what he was doing but it worked out for 8 points. We are done for today.
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  • Post #1,524
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  • Oct 14, 2009 11:22am Oct 14, 2009 11:22am
  •  Ryanmcd
  • Joined Jul 2007 | Status: Screw Long Term 5min For Life! | 1,259 Posts
Quoting hensch
Disliked
Hi Ryanmcd, with great interest I've been following your very enlightening posts here and on J16.

You've mentioned several times the importance of time.

If you don't mind, let me ask you a question about the last trade you posted.

The main trend was up. Starting the US session price retraced for a while.

1) Did you take the trade because it was the first signal in the main direction of the trend (UP) and

2) because it was pre-lunch time 11:20 am? Would you take the same trade at, let's say, 12:30 pm?

Thanks in advanced,

Henry

Jankone,...
Ignored

Not going to post info on time because I was told by a fellow trader never to do it. Also I am not going to just hand out everything I do to random people on the internet. This is my JOB not some bullshit game like 99% treat it. All I am doing is showing you that it works and get you started on it, once someone shows me something that helps me a lot then I may share more in PM'S not on a forum with millions of people looking to get rich.
Keep taking CT trades, I need more money
 
 
  • Post #1,525
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  • Oct 14, 2009 11:25am Oct 14, 2009 11:25am
  •  Ryanmcd
  • Joined Jul 2007 | Status: Screw Long Term 5min For Life! | 1,259 Posts
My day, lost the 1st one -10 or 2% 2nd one work +4% so +2% on the day, I seem to lose one win one the past few days lol oh well
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Keep taking CT trades, I need more money
 
 
  • Post #1,526
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  • Oct 14, 2009 11:30am Oct 14, 2009 11:30am
  •  Ryanmcd
  • Joined Jul 2007 | Status: Screw Long Term 5min For Life! | 1,259 Posts
Quoting Alswel
Disliked
I am sure we all took this EUR/USD.
13 points.
EDIT: This does fit our criteria, yes?


My brother took this other one on the EUR/BGP. I am not sure what he was doing but it worked out for 8 points. We are done for today.
Ignored

You can take them when they are slamming against the BB but you have to have something else working for you like good divergence or resistance or something. I take them a lot and lose a lot too but my MM is good so no biggie. Just be aware on days that go up all day and you take 10 trades you will lose about 9, have rules to aviod that.
Keep taking CT trades, I need more money
 
 
  • Post #1,527
  • Quote
  • Oct 14, 2009 11:58am Oct 14, 2009 11:58am
  •  dhh
  • | Joined Jun 2009 | Status: Member | 195 Posts
Quoting Alswel
Disliked
I am sure we all took this EUR/USD.
13 points.
EDIT: This does fit our criteria, yes?


My brother took this other one on the EUR/BGP. I am not sure what he was doing but it worked out for 8 points. We are done for today.
Ignored
not A+ to me. took it but not sure why, got out -4 when i saw fast move against it. another discipline lesson for me.
 
 
  • Post #1,528
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  • Oct 14, 2009 1:06pm Oct 14, 2009 1:06pm
  •  hensch
  • | Joined Apr 2005 | Status: $$$$ | 142 Posts
Quoting Ryanmcd
Disliked
Not going to post info on time because I was told by a fellow trader never to do it. Also I am not going to just hand out everything I do to random people on the internet. This is my JOB not some bullshit game like 99% treat it. All I am doing is showing you that it works and get you started on it, once someone shows me something that helps me a lot then I may share more in PM'S not on a forum with millions of people looking to get rich.
Ignored
Never mind...
 
 
  • Post #1,529
  • Quote
  • Oct 14, 2009 2:21pm Oct 14, 2009 2:21pm
  •  Kakyn
  • | Joined Sep 2009 | Status: .com | 236 Posts
CT + DIV + Pins = Money
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  • Post #1,530
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  • Oct 14, 2009 9:45pm Oct 14, 2009 9:45pm
  •  Alswel
  • | Joined Jun 2008 | Status: Member | 17 Posts
Quoting Ryanmcd
Disliked
My day, lost the 1st one -10 or 2% 2nd one work +4% so +2% on the day, I seem to lose one win one the past few days lol oh well
Ignored
That is a valuable lesson learned. Patience. Within 4 points of your TP only to come back to within 4 points of your SL. Finally moving back to and hitting your TP a full hour and a half after you entered the trade.
 
 
  • Post #1,531
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  • Oct 15, 2009 4:35am Oct 15, 2009 4:35am
  •  pipsulike
  • | Joined Oct 2009 | Status: Member | 20 Posts
Morning all, i tried this one this morning and took a small loss on it!
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  • Post #1,532
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  • Oct 15, 2009 4:55am Oct 15, 2009 4:55am
  •  pipsulike
  • | Joined Oct 2009 | Status: Member | 20 Posts
Also tried this one this morning and made my lost pips back.
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  • Post #1,533
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  • Oct 15, 2009 9:25am Oct 15, 2009 9:25am
  •  Ryanmcd
  • Joined Jul 2007 | Status: Screw Long Term 5min For Life! | 1,259 Posts
Screwed this trade up a little, got long late due to bsing on the phone and closed it because it was at resistance, cant be mad making 8 but it should of been 20+ lol oh well.
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Keep taking CT trades, I need more money
 
 
  • Post #1,534
  • Quote
  • Oct 15, 2009 10:11am Oct 15, 2009 10:11am
  •  tarco
  • | Joined Feb 2009 | Status: Member | 125 Posts
The GU had some nice trades as well.
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  • Post #1,535
  • Quote
  • Oct 15, 2009 11:29am Oct 15, 2009 11:29am
  •  Alswel
  • | Joined Jun 2008 | Status: Member | 17 Posts
First trade: I was in a meeting and moved my stop to BE as I could not watch it. Could have been good.

Second trade: I tried, my first time, to catch a breakout above 1.49. Only a few pips on the line here.

Third trade: Pullback at 1.4950. I needed to make 10 points to earn a living. I got my 10.

Losing your job makes trading so much more interesting.
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  • Post #1,536
  • Quote
  • Oct 15, 2009 11:36am Oct 15, 2009 11:36am
  •  Kakyn
  • | Joined Sep 2009 | Status: .com | 236 Posts
Not A++, work but very slow (get me nervous as usually TP hit within 3 bars)
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Name: jankone uj 1823 15oct ct with div.gif
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  • Post #1,537
  • Quote
  • Oct 15, 2009 12:59pm Oct 15, 2009 12:59pm
  •  fat_tom
  • | Joined Jun 2009 | Status: Member | 191 Posts
Quoting Alswel
Disliked
First trade: I was in a meeting and moved my stop to BE as I could not watch it. Could have been good.

Second trade: I tried, my first time, to catch a breakout above 1.49. Only a few pips on the line here.

Third trade: Pullback at 1.4950. I needed to make 10 points to earn a living. I got my 10.

Losing your job makes trading so much more interesting.
Ignored
Alswel,

good you got your 10!! not so good you lost your job...

Just make sure you don't overtrade due to your new financial pressures!!!

take care

Tom
 
 
  • Post #1,538
  • Quote
  • Oct 15, 2009 2:28pm Oct 15, 2009 2:28pm
  •  giraia_br
  • | Joined Jun 2007 | Status: Member | 1,021 Posts
Quoting Ryanmcd
Disliked
Screwed this trade up a little, got long late due to bsing on the phone and closed it because it was at resistance, cant be mad making 8 but it should of been 20+ lol oh well.
Ignored
i was watching this trade live, but i thought it was a small pinfor you so i did'nt take it. I was short since the two pins above and only closed the short but did go long.
 
 
  • Post #1,539
  • Quote
  • Oct 15, 2009 3:55pm Oct 15, 2009 3:55pm
  •  dhh
  • | Joined Jun 2009 | Status: Member | 195 Posts
lossing trade this morning on the 15min
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  • Post #1,540
  • Quote
  • Oct 15, 2009 11:35pm Oct 15, 2009 11:35pm
  •  supremeChaos
  • Joined Feb 2009 | Status: Borderline yahoo & oh-no! | 6,607 Posts
Quoting dhh
Disliked
lossing trade this morning on the 15min
Ignored
hey bro,
i just eyeballed it but...
the div line on RSI does not correspond with the div line on price.

if the div.line is plotted correctly, looks like there was no div.
price was still 'walking the bands'... so be careful when making countertrend trades.
 
 
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