trading801's Koala Forex Articles and EUR/USD views | Page 598 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Forex Articles 23 replies

The Koala System (No brainer) 127 replies

Forex Articles 1 reply

Attachments: trading801's Koala Forex Articles and EUR/USD views
Exit Attachments

trading801's Koala Forex Articles and EUR/USD views

  • #11,941
  • May 28, 2010 3:33am May 28, 2010 3:33am
gu on daily trendline
Attached Image (click to enlarge)
Click to Enlarge Name: a.gif Size: 23 KB
  • #11,942
  • May 28, 2010 3:34am May 28, 2010 3:34am
Quoting trading801
hi all..
being so busy these days..


i think i may be ending the week with 60pips gained... no timeeeee
Hello T well done
Masoud lock the cage quick nearly all animals present
  • #11,943
  • May 28, 2010 3:37am May 28, 2010 3:37am
Hi King, welcome back my friend, Good pips, you are green and this is very good.

Quoting trading801
hi all..
being so busy these days..


i think i may be ending the week with 60pips gained... no timeeeee
We are here to help each other... We Learn Forex Together!
  • #11,944
  • May 28, 2010 3:41am May 28, 2010 3:41am
Francis you are naughty animals and you get punished, you haven't lunch today in cage. ,,,,,,,joking

Quoting francis2
Hello T well done
Masoud lock the cage quick nearly all animals present
We are here to help each other... We Learn Forex Together!
  • #11,945
  • May 28, 2010 3:42am May 28, 2010 3:42am
Quoting francis2
Well sometimes I wonder if thats more the case when youre watching the price all the time on smaller time frames those retraces back to my entry point after 12/20 pips f***k me up thats why i get out so quickly whereas i presume you enter then disappear to sip cocktails and return to chuckle over a retrospective drawdown

Francis.

There are successful scalper. But I'm hopeless at it. I learned early that I cannot watch price. It psychs me out and I close trades. Worked like this.
Oh good setup. With trend. At swing high or low. Nice price action. Enter with target. Watch for 3 hours. Goes up then down then up then down. Feel pain when in drawdown. Close trade for 6 pips because I think trade is going to fail. BAM. 2 minutes later price goes 100 - 200 - 300 pips (Or more) in the direction I thought it would go.

Does this sound familiar?

Sit there and kick myself. Like everyone does.

Realised that I was getting it right just not giving it time to work.

So yes I now let them run. I have some losing trades. Mostly I cut them short. Occasionally they take 150 pips off me. But I am winning many more than I am losing.

I only let my smaller lot trades run for such large drawdown.


A51
  • #11,946
  • May 28, 2010 3:43am May 28, 2010 3:43am
Quoting masoud123
Francis you are naughty animals and you get punished, you haven't lunch today in cage. ,,,,,,,joking
just feed me 150 pips Ill be full then Til Mondaywhen Ill need feeding again
  • #11,947
  • May 28, 2010 3:46am May 28, 2010 3:46am
Quoting Area51
Francis.

[color=black][font=Verdana]There are successful scalper. But I'm hopeless at it....
Sound familiar, you must be looking over my shoulde, yes Trading M15 I usually exit in first candle normally 10/20 pips unless price moves so far quickly from entry that a retrace wont give me a heart attack
  • #11,948
  • May 28, 2010 3:53am May 28, 2010 3:53am
ftse100 in a good area for dropping
Attached Image (click to enlarge)
Click to Enlarge Name: a.gif Size: 21 KB
  • #11,949
  • May 28, 2010 3:55am May 28, 2010 3:55am
Koalas.

One thing for certain. Like most things in life.

Practice makes perfect. The more you do this the better you should get.

The caveat on that of course is that you are putting into practice the following.

Discipline, Patience and good money management.

Anything else is gambling.

Of course some people just don't get it. Only you can determine when you should quit.

With demo accounts or Micro accounts you should not lose a fortune learning if you can do this.


A51
  • #11,950
  • May 28, 2010 3:57am May 28, 2010 3:57am
Quoting Area51
Koalas.

One thing for certain. Like most things in life.

Practice makes perfect. The more you do this the better you should get.

The caveat on that of course is that you are putting into practice the following.

Discipline, Patience and good money management.

Anything else is gambling.

[color=black][font=Verdana]Of...
Yes Mummy youre always right
  • #11,951
  • May 28, 2010 4:01am May 28, 2010 4:01am
Nice chart

Quoting francis2
ftse100 in a good area for dropping
We are here to help each other... We Learn Forex Together!
  • #11,952
  • May 28, 2010 4:03am May 28, 2010 4:03am
nice explanation and good advise, thank you my friend.

Quoting Area51
Koalas.

One thing for certain. Like most things in life.

Practice makes perfect. The more you do this the better you should get.

The caveat on that of course is that you are putting into practice the following.

Discipline, Patience and good money management.

Anything else is gambling.

[color=black][font=Verdana]Of...
We are here to help each other... We Learn Forex Together!
  • #11,953
  • May 28, 2010 4:04am May 28, 2010 4:04am
Quoting francis2
Yes Mummy youre always right

Mummy will molly coddle you.

I'll throw you in at the deep end.

A51
  • #11,954
  • May 28, 2010 4:09am May 28, 2010 4:09am
Quoting Area51
Mummy will molly coddle you.

I'll throw you in at the deep end.

A51
just get the cheque book out itll be a lot quicker and easier
  • #11,955
  • May 28, 2010 4:12am May 28, 2010 4:12am
Quoting francis2
just get the cheque book out itll be a lot quicker and easier

My cheques may all bounce. lol

A51
  • #11,956
  • May 28, 2010 4:16am May 28, 2010 4:16am
Quoting Area51
My cheques may all bounce. lol

A51
so long as its not more than 130 pips thatll do
  • #11,957
  • May 28, 2010 6:30am May 28, 2010 6:30am
1.2330 next? hee
  • #11,958
  • May 28, 2010 6:51am May 28, 2010 6:51am
ftse100 +20
e/j +60
Attached Image(s) (click to enlarge)
Click to Enlarge Name: b.gif Size: 26 KB
Click to Enlarge Name: a.gif Size: 16 KB
  • #11,959
  • May 28, 2010 6:53am May 28, 2010 6:53am
Quoting trading801
1.2330 next? hee
????? already at that station
  • #11,960
  • May 28, 2010 7:08am May 28, 2010 7:08am
Nice trade

Quoting francis2
ftse100 +20
e/j +60
We are here to help each other... We Learn Forex Together!
0 traders viewing now