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my trade

  • #461
  • Jun 23, 2010 9:49pm Jun 23, 2010 9:49pm
your japanese is excellent, ben!

this 3 price lines analysis is eye-opening to me... same phenomenon, expert trader can define but not a novice

Quoting ben10
gennki desuka watasino tomodachi LOL! im tired but coudlnt sleep.

http://img693.imageshack.us/img693/7616/ak2z.png
  • #462
  • Jun 23, 2010 9:57pm Jun 23, 2010 9:57pm
http://img514.imageshack.us/img514/8652/ak12.png
  • #463
  • Jun 23, 2010 10:01pm Jun 23, 2010 10:01pm
Quoting RisingSun
your japanese is excellent, ben!

this 3 price lines analysis is eye-opening to me... same phenomenon, expert trader can define but not a novice
its just like line chart and fibo! if the price activities below the 50%( middle)of fibonacci then its actually exhibit price weakness, if it break the support then the seller in control. just imo
  • #464
  • Jun 23, 2010 10:10pm Jun 23, 2010 10:10pm
1 - blended of mma inside the last 5 candles, break the high to buy and break the low to sell.

2- to activate a trailing after 5 pips gain.

3- stop loss at the high or the low of the last 5 candles.

option:

(a) only to create pending order/s.
(b) to cancel all position/s and pending order/s(if any) when the profit target hit.
  • #465
  • Jun 23, 2010 10:20pm Jun 23, 2010 10:20pm
Quoting ben10
its just like line chart and fibo! if the price activities below the 50%( middle)of fibonacci then its actually exhibit price weakness, if it break the support then the seller in control. just imo
you are right! 50% fibo, yes. got it.
  • #466
  • Jun 24, 2010 3:08am Jun 24, 2010 3:08am
Beautiful formation of compression ...
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled-19.png Size: 113 KB
  • #467
  • Jun 24, 2010 4:41am Jun 24, 2010 4:41am
another possible trade that i missed (wasn't looking at chart) ...
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled-20.png Size: 133 KB
  • #468
  • Jun 24, 2010 10:05am Jun 24, 2010 10:05am
the soccerback on i got to be hurry,

http://img139.imageshack.us/img139/2203/cwitc.png

the benefit using colourful mma, good on you Akira!
  • #469
  • Jun 24, 2010 10:58am Jun 24, 2010 10:58am
http://img24.imageshack.us/img24/3120/2euro.png
  • #470
  • Jun 24, 2010 3:26pm Jun 24, 2010 3:26pm
japan did pretty well against denmark
  • #471
  • Jun 24, 2010 8:49pm Jun 24, 2010 8:49pm
Quoting RisingSun
japan did pretty well against denmark
hopefully your boss still love you lol! is he danish?
i watch all morning , just wake up and have a cuppa


http://img375.imageshack.us/img375/9...ingthemind.png
  • #472
  • Jun 24, 2010 9:30pm Jun 24, 2010 9:30pm
http://img293.imageshack.us/img293/5281/compression.png
  • #473
  • Jun 24, 2010 9:41pm Jun 24, 2010 9:41pm
i noticed on your charts that you trade on european open mostly, yeah
also you always has profit target, seems like you comfy with the approach(mma). whats the most reliable set up in trading using this approach?
is it compression set up, price line breakout set up, bubble set up... etc.
do you trade all the set up or just use the most reliable one?

http://img85.imageshack.us/img85/2707/75338491.png
  • #474
  • Jun 24, 2010 9:59pm Jun 24, 2010 9:59pm
http://img22.imageshack.us/img22/4157/benqt.png
  • #475
  • Jun 24, 2010 10:24pm Jun 24, 2010 10:24pm
http://img266.imageshack.us/img266/9458/theslope.png
  • #476
  • Jun 24, 2010 10:31pm Jun 24, 2010 10:31pm
i love it when my brain active and creative , to figure out things! do often enough it will become habit, enjoy and appreciate life + pips flow -

im done for now, off to do my reading CIAO!
  • #477
  • Jun 24, 2010 10:47pm Jun 24, 2010 10:47pm
Quoting ben10
i noticed on your charts that you trade on european open mostly, yeah
also you always has profit target, seems like you comfy with the approach(mma). whats the most reliable set up in trading using this approach?
is it compression set up, price line breakout set up, bubble set up... etc.
do you trade all the set up or just use the most reliable one?
morning ben. so far compression set up is what i feel most comfy with. price line breakout and bubble are something i am leaning still. hopefully want to add them as well to my trading arsenal.

yes, as you say i always have a 1% goal set up in Oanda's order ticket window. sl is 3%. if you allocate 20% of balance @ 50:1 leverage, these are +12 pips and -36 pips. perhaps compression set up is most suited, but i am yet to draw conclusions on other set ups.

boss? i have no boss any more, nice isn't it?

lunch time ...
  • #478
  • Edited Jun 25, 2010 12:49am Jun 24, 2010 11:25pm | Edited Jun 25, 2010 12:49am
partial close, trailing stoploss, or similar profit talking management is something i would stay away from. i would rather have a profit goal and be satisfied if hit, no matter how many more pips further the trade have gone afterward.
  • #479
  • Jun 25, 2010 1:49am Jun 25, 2010 1:49am
Quoting RisingSun
Beautiful formation of compression ...
That was a good trade RisingSun. Trading continuations are high probability. All you really need to do is follow PA. Moving averages can be helpful too, aka rainbows.

Have you or Ben tried lower time frames? I'm practicing on Oandas 5-second charts with some really good results.

By the way, if you're interested, I have a great reference site for scalping. Real top notch stuff there.

Rock on

日本かった！
  • #480
  • Jun 25, 2010 2:00am Jun 25, 2010 2:00am
Quoting Magic Trader
...

Have you or Ben tried lower time frames? I'm practicing on Oandas 5-second charts with some really good results.

By the way, if you're interested, I have a great reference site for scalping. Real top notch stuff there.

Rock on

日本かった！
ben does trade 5/10 sec, me not yet. have just switched from h3/4-h1 s&r breakout, to m5-m1 with mma.

yeah, tell us the link.

japan wasn't as good before. don't know what happened to them...

PS: do upload some charts of your trades.
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