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Buildcity's Trading Journal

  • #561
  • Jul 29, 2010 7:24am Jul 29, 2010 7:24am
Its true that I do play alot of counter trend trade!! Why?

Its all because my starting of trading time is mostly the end of 1st major trend after London opening!! All I can see all the times is the market slow down, and always find the counter trend signal. I do like trend riding with Sho's method, but my timing of play just cant help!!
  • #562
  • Jul 29, 2010 7:32am Jul 29, 2010 7:32am
9 plays, 2 loss, +52p

Go home 1st. I'm happy with that.
  • #563
  • Jul 29, 2010 8:09am Jul 29, 2010 8:09am
Quoting Buildcity
Haha, may be I'm wrong.

Double bottom with higher close
Hi Buildcity,

maybe I misunderstand you but do you mean DBLHC/DBHLC?

DBLHC=Double bar low higher close. There is a DBLHC at your screenshot but it's not the candle formation you have marked. Therefore I'm a but confused.
  • #564
  • Jul 29, 2010 9:06am Jul 29, 2010 9:06am
Cant help, I have to tie my hand on this kind of trade
Attached Image
  • #565
  • Jul 29, 2010 9:17am Jul 29, 2010 9:17am
Quoting Buildcity
Hi Milton,

Nice to see you around.

Trade well mate!!

City
Hi City. Fascinating how easily you are trading and winning. I am learning from you. All the best!
  • #566
  • Jul 29, 2010 9:39am Jul 29, 2010 9:39am
[quote=Buildcity;3908198]Its true that I do play alot of counter trend trade!! Why?

Its all because my starting of trading time is mostly the end of 1st major trend after London opening!! All I can see all the times is the market slow down, and always find the counter trend signal. I do like trend riding with Sho's method, but my timing of play just cant help!![/quote

Hi Eric,
If you can make money trade CT,so Sir I must to take off my hat!!!I think it is more advance level of trading and you do very well.Hm maybe think about quit job and make money just from trading?
I think it is not many scalpers who make money with your style,must be very dificult.
happy trading Sir.
  • #567
  • Jul 29, 2010 10:11am Jul 29, 2010 10:11am
Tks FX,

I may probably older than you, but pls dont call me Sir. I'm still not stable enough on my plays. But the hitting rate is much improved. But this is, of course, built up by numerous loss in years.

never give up

City
ps feel free to call me Eric or City.

[quote=Fxfighter;3908590]
Quoting Buildcity
Its true that I do play alot of counter trend trade!! Why?

Its all because my starting of trading time is mostly the end of 1st major trend after London opening!! All I can see all the times is the market slow down, and always find the counter trend signal. I do like trend riding with Sho's method, but my timing of play just cant help!![/quote

Hi Eric,
If you can make money trade CT,so Sir I must to take off my hat!!!I think it is more advance level of trading and you do very well.Hm maybe think about quit job and...
  • #568
  • Jul 29, 2010 11:08am Jul 29, 2010 11:08am
Record on Sho's thread
http://www.forexfactory.com/showpost...postcount=4574
http://www.forexfactory.com/showpost...postcount=4583
  • #569
  • Jul 29, 2010 11:24am Jul 29, 2010 11:24am
12 plays, 3 loss, +83p

keep this low plays rate / high hit rate and final score is great. Save for the rainy days.
  • #570
  • Jul 29, 2010 11:35am Jul 29, 2010 11:35am
Sorry mate,

May be I was wrong.

I read some articles before which saying that the wicks for DBLHC / DBHLC would be less considered. Actually sometimes we really cant find perfect formation like the textbook did. But the story behind is similar.

Sorry again for my wrong demo to confuse you.

Cheers
City


Quoting MCFly
Hi Buildcity,

maybe I misunderstand you but do you mean DBLHC/DBHLC?

DBLHC=Double bar low higher close. There is a DBLHC at your screenshot but it's not the candle formation you have marked. Therefore I'm a but confused.
  • #571
  • Jul 29, 2010 12:07pm Jul 29, 2010 12:07pm
No problem. I thought you have discovered a new candle formation.
  • #572
  • Jul 30, 2010 12:39am Jul 30, 2010 12:39am
Took me 3 bars on this and the euro news is coming in 20 mins. So cut it anyway.

Good start is the important pt.
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  • #573
  • Jul 30, 2010 3:15am Jul 30, 2010 3:15am
Eric I saw your post somewhere but cannot find it now somethin about missin the first move but gettin retrace haha so I wanted to share mine too! Still so frustrated if I didn't go toilet I was ready for EJ from the top arrr
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  • #574
  • Jul 30, 2010 3:25am Jul 30, 2010 3:25am
Hey man, go to p 1st

Quoting Sim
Eric I saw your post somewhere but cannot find it now somethin about missin the first move but gettin retrace haha so I wanted to share mine too! Still so frustrated if I didn't go toilet I was ready for EJ from the top arrr
  • #575
  • Jul 30, 2010 3:38am Jul 30, 2010 3:38am
Quoting Buildcity
Hey man, go to p 1st
OR.........

find a different spot hehehe
Attached Image
  • #576
  • Jul 30, 2010 4:50am Jul 30, 2010 4:50am
Quoting Sim
OR.........

find a different spot hehehe
Haha, seems the same man you posted (on other funny thread) some days ago who was trading on the bed........ if you still remember.

I like you man. Always keep a positive attitude even we are trading, no matter good or bad. That surely help our emotion.

Cheers
City
  • #577
  • Jul 30, 2010 5:11am Jul 30, 2010 5:11am
2 long trades earlier today, put a record.
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Click to Enlarge Name: 20100730-1337.jpg Size: 62 KB
  • #578
  • Jul 30, 2010 5:42am Jul 30, 2010 5:42am
keep a record on Sho's paly

http://www.forexfactory.com/showpost...postcount=4645
  • #579
  • Jul 30, 2010 5:57am Jul 30, 2010 5:57am
Quoting Buildcity
Always keep a positive attitude even we are trading, no matter good or bad.
This is key Eric, for me definitely, no matter how bad the day is I always learned from it and even if it doesn't pay off in the short term, in the long term it deifnitely does, as u know yourself!
  • #580
  • Jul 30, 2010 6:29am Jul 30, 2010 6:29am
Hey Eric

Have you ever posted a trade before you have taken it?
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