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My path to financial freedom

  • #2,441
  • Jun 17, 2010 11:34am Jun 17, 2010 11:34am
Quoting ogeid
Can you not change the resolution on Jing? I tried but on the shareware version you can not.

I also most of the times simply use MT4: "Save as Picture"
No, you can't change it. It's practical to upload the picture with Jing and paste the URL than to save to computer, browse it, upload it, delete it and so on. And you can add comments and arrows and what not with Jing.
  • #2,442
  • Jun 17, 2010 11:40am Jun 17, 2010 11:40am
triple top on gold and 15 min divergence...the sold again on the 5min pin bar.

sold oil on break of TL
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  • #2,443
  • Jun 17, 2010 2:03pm Jun 17, 2010 2:03pm
got stopped out at BE on 5min gold pin...should have left it to run further TBH. Still have remaining trade based on tri[[le top and 15 min divergence.

UCAD got stropped out...surprised by that.

YM hit former TL and rebounded lower which is a good sign for further short action...hopefully can now break through the various support levels below.
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  • #2,444
  • Jun 17, 2010 2:03pm Jun 17, 2010 2:03pm
Quoting ingmarforex
By the way Lovejoy i wanna thank you!.

Because by following your journal has really made me a better trader with the confluence with the fibs and ppz it is incredible.

I will keep continue myself for this year still demo and a little micro account what is growing and at the end of the year i go live. And start a bigger acount and see if i can keep up making it live i will also hold positions longer according macro fundamentals and add on the possitions in the way.

Just wanna say thanks this journal is really helping me
No worries...glad people find the thread useful.
  • #2,445
  • Jun 17, 2010 2:46pm Jun 17, 2010 2:46pm
Anyone knows a fair bit of excel and is willing to give a hand? Especially database functions? (DSum, DCount and such)

I can't find an easy solution and it's so frustrating...
  • #2,446
  • Jun 17, 2010 3:27pm Jun 17, 2010 3:27pm
Looks like have to wait another day for a dow sell off...will it just hurry up and get to 10430 area and reverse hard please!

I've lost money everyday this week...that has not happened in over 6 months!! I'm not sure what is happening though, I need to concentrate more I know that and I've mis managed a few trades this week but nothing drastic (well maybe this morning was pretty poor) . Have missed a fair few touch trades but again nothing big and I've calmed down my trading style in terms of taking about 40-60 trades per week instead of 150...ever since the flash crash I do feel the market has been pretty damn hard to trade....and whenever I re-read my journal I dont see anything I'm doing different, no light bulb moments or anything.

Maybe I've been waiting too much for a dow reversal this week and should also be playng the trends and keeping it simple (look @ EU 4HR its in a nice channel and would have been easy to play that all week...but dont think I've gone long EU once this week lol!) my win rate has been low this week which I dont like. For me confidence comes with being right more often than not in my overall market analysis. Next week I'll definitely try and keep it simple and trade what I see not what I expect and try and second guess a to or bottom.

Once it becomes clearer what dow will do when it gets to the 10430-50 heavy confluence area that will help give a better direction on the majors...a lot of pairs are at or so close to heavy PPZ areas so I'm really just waiting until we get there to really load up (without over leveraging).

Not gonna look at daily charts...I'm done until tomorrow now...have got my small xxx.jpy shorts open with SL's set above the highs and short gold and oil....SL's moved to BE on gold but left the same on oil. no TP's set...will leave and re asses tomorrow morning if they are still open.

As an aside I've had the Hayward (BP) congress grilling on all afternoon. I dont understand the US system and why they do that...I've watched goldman chap on it and others during the GFC and they are so well briefed by lawyers that they never answer any of the questions and just say the minimum possible. It all seems just like an opera show most of the time and has no point to it...I might be missing something...but all seems a bit odd to me as I'm just don't see what it achieves.
  • #2,447
  • Jun 17, 2010 3:28pm Jun 17, 2010 3:28pm
Quoting neutro
Anyone knows a fair bit of excel and is willing to give a hand? Especially database functions? (DSum, DCount and such)

I can't find an easy solution and it's so frustrating...
Sorry...as you can probably guess I'm not that great with IT... I don't even have excel on my new computer!
  • #2,448
  • Jun 17, 2010 3:31pm Jun 17, 2010 3:31pm
Quoting neutro
Anyone knows a fair bit of excel and is willing to give a hand? Especially database functions? (DSum, DCount and such)

I can't find an easy solution and it's so frustrating...
I'm not an expert or something but I can try (had some of those functions in my exam of informatics few weeks ago). If nothing else it might be a good challenge.

lovejoy80 sorry for stealing your thread
  • #2,449
  • Jun 17, 2010 4:06pm Jun 17, 2010 4:06pm
i appeases the american sense of 'justice' that 'something is being done'

Quoting lovejoy80
.I might be missing something...but all seems a bit odd to me as I'm just don't see what it achieves.
  • #2,450
  • Jun 18, 2010 1:22am Jun 18, 2010 1:22am
Break and retest...though I got a spread of 10!!!...Outrageous!...can we finally break through the 4HR support level below...
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  • #2,451
  • Jun 18, 2010 1:34am Jun 18, 2010 1:34am
Quoting lovejoy80
Sorry...as you can probably guess I'm not that great with IT... I don't even have excel on my new computer!
So you got the new computer. What specs? Are you enjoying it?
  • #2,452
  • Jun 18, 2010 1:49am Jun 18, 2010 1:49am
Quoting neutro
So you got the new computer. What specs? Are you enjoying it?
yeah it runs like a dream. Cost became a big issue so decided to just get a cmputer with a hlaf decent motherboard with minimum stuff on it so I can upgrade later on. I aim to get a really powerful setup next year when I move house. Also got a LG Full HD 22" wide screen monitor. Motherboard is Gigabyte GA-H55M-S2H with intel i3 530 2.93 ghz. 1GB DDR3 ram, 250gb HDD etc. Thus using the inbuilt graphics of the i3 at the moment and everything works fine. Got it all including monitor for just over £300 as got a deal from a mate.

One thing I dont get is why I can only connect 2 monitors to it. the inbuilt graphic ports has HD, DVI and VGA and yet you can only use 2 of the 3 ...why is that?
  • #2,453
  • Edited 2:55am Jun 18, 2010 1:59am | Edited 2:55am
Quoting mihazupan1
I'm not an expert or something but I can try (had some of those functions in my exam of informatics few weeks ago). If nothing else it might be a good challenge.

lovejoy80 sorry for stealing your thread
OK, have a go at it, see if you can crack it. You have the requirements written inside the .xls file.

Thanks.

edit: And you should demo with FxPro. Unlimited demo account, and most of us here are using it. Check the attachments in this thread and look for Market_value indicator and attach it to your charts.
Attached File(s)
File Type: xls test.xls   26 KB | 215 downloads
  • #2,454
  • Jun 18, 2010 2:01am Jun 18, 2010 2:01am
Quoting lovejoy80
yeah it runs like a dream. Cost became a big issue so decided to just get a cmputer with a hlaf decent motherboard with minimum stuff on it so I can upgrade later on. I aim to get a really powerful setup next year when I move house. Also got a LG Full HD 22" wide screen monitor. Motherboard is Gigabyte GA-H55M-S2H with intel i3 530 2.93 ghz. 1GB DDR3 ram, 250gb HDD etc. Thus using the inbuilt graphics of the i3 at the moment and everything works fine. Got it all including monitor for just over £300 as got a deal from a mate.

One thing I dont get...
Don't really know, maybe HD and DVI are going in the same place, only the connector differs.

You got a nice deal. Use it wisely and profitable. Well, you didn't this week, but from next week onwards.
  • #2,455
  • Jun 18, 2010 2:12am Jun 18, 2010 2:12am
Bearish signs on GU...
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  • #2,456
  • Jun 18, 2010 2:13am Jun 18, 2010 2:13am
small risk as only a 1HR PPZ
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  • #2,457
  • Jun 18, 2010 2:16am Jun 18, 2010 2:16am
Quoting lovejoy80
Another touch trade opportunity...though I probably would have got stopped out on this initially with the follow through and then got in again on the way down.

P&V trading can makes your account grow a lot when you get good trends intraday. It's pretty straightforward method...just identifying the first position i.e. the start of the swing is key. Nasir has a lot of posts over there which are worth printing out and looking at.
It went to exactly where you'd expect it to go...would have been a good %R result on this.

As I said I would have got stopped out first time but after it closed below the PPZ and 61 fib I would have reentered

Touch trades are not for the faint hearted...but they can result in some very good %R wins...and even lead to full blown reversals and a starting point for P&V trades.

If you were particularly aggressive could have also taken the pin bar that formed
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  • #2,458
  • Jun 18, 2010 2:23am Jun 18, 2010 2:23am
winding up...
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  • #2,459
  • Jun 18, 2010 2:27am Jun 18, 2010 2:27am
My TP on Gold...
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  • #2,460
  • Jun 18, 2010 2:30am Jun 18, 2010 2:30am
lovejoy80 - Great journal mate. Pity it took me so long to stumble upon it. Keep up the great work.
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