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  • #2,961
  • Sep 27, 2010 2:54am Sep 27, 2010 2:54am
Quoting geoffrod
are you suggesting they are pipeasy as well??????
I don't think so geoff.
I think they are showing who's thread pip_daddy and thx1139 have posted on.
I have had responses from pip_daddy and i think vee also has.
Personally he strikes me as strong minded and not scared to voice his opinion.
The few interaction i had with him he strikes me as a person that makes his mind up and once he has done that is not afraid to voice his strong point of view.
I beleive he decided that j16 from whatever evidence he had was scamming people and in his own misguided way was trying to protect them.

Remember pip_daddy about greames post about girlfriend, boyfriend ."beleive what you chose to believe".
we all will do this so its best to stick to your own personal journey accepting what kind folk like greame and j16 even jacko and many others have to share but apply
."beleive what you chose to believe".

then you accept responsibility for all of your actions.
making green pips large and red pips small this is my goal.
  • #2,962
  • Sep 27, 2010 3:12am Sep 27, 2010 3:12am
Quoting VEEFX
Current H1 charts for AUDCHF and EURCHF pairs. Price moving in the direction of my H4 hindsight. Looking for my first long trade based on when H1 candle closes (in 28 minutes).

Reminder to myself: Based on our R:R rules, I ONLY have 2 ammo left for each of these pairs. I must not open another new position unless I move to BE.

Attachment

EDIT: I will go long at open of next H1 candle in 20 minutes if price closes above the line. Due to strong upward motion, I probably won't wait for a retrace entry at 50% fib.
My first trade for tonight...
Attached Image (click to enlarge)
Click to Enlarge Name: 9-27-2010 1-08-14 AM.png Size: 41 KB

Attached Image
Staying in my lane...
  • #2,963
  • Sep 27, 2010 3:24am Sep 27, 2010 3:24am
Please stay on topic on Grahams thread and don't even acknowledge off topic posts.

I have been pondering Grahams method where it appears to be hedging and think I have found a new insight. Initially i thought that opening a long and a short position were pointless as one cancels the other and you may as well simply close the first position. Some brokers would charge interest on both positions so I understand why this is now banned in the US.

Grahams thread here makes me now realise that what is required to suceed at this game is low cost entries - the real holy grail. Starting this week I'm doing the 20 pip exercise from post#174 AND THANKS IN ADVANCE GRAHAM.

My cognition.
Assume one currency pair has both one long and one short leg surviving and they are both at BE: while the market stays within the trade’s opening prices the net position is zero and the trade is effectively put on hold.

There are now 4 possibilities for the above scenario. 2x2

  1. Long position was opened first or short was opened first.
  2. Price breaks up or price breaks down.

The holy grail of trading is to make a profit more often than not and amazingly out of the above 4 possibilities the result is the same. When a breakout occurs you are left with a position in profit, with breathing room and zero risk. Plus you are positioned in the direction of the prevailing price action.

If only one position was opened you could only profit by the market moving one way (50% of the possible market movement) so you have definitely gained something valuable and it is irrelevant which was opened first.

WOW

Don't kill your dreams - execute them.
  • #2,964
  • Sep 27, 2010 3:31am Sep 27, 2010 3:31am
Quoting paul1
I don't think so geoff.
I think they are showing who's thread pip_daddy and thx1139 have posted on.
I have had...
Will delete this post soon.... who (or what) the heck is j16 and why do you all think any of the recent posts on thx or pipdaddy or whoever has anything to do with what we are trying to accomplish in this thread.

Frankly, I find it quite disrespectful to Graeme who, regardless of his health issues, is trying his best to help us all become successful. It's 1:30am in the morning my time and I surely don't want to see this distraction/bickering go on any further.
Staying in my lane...
  • #2,965
  • Sep 27, 2010 3:34am Sep 27, 2010 3:34am
Quoting paul1
I don't think so geoff.
I think they are showing who's thread pip_daddy and thx1139 have posted on.
I have had responses from pip_daddy and i think vee also has.
Personally he strikes me as strong minded and not scared to voice his opinion.
The few interaction i had with him he strikes me as a person that makes his mind up and once he has done that is not afraid to voice his strong point of view.
I beleive he decided that j16 from whatever evidence he had was scamming people and in his own misguided way was trying to protect them.

Remember pip_daddy...
dont worry, i dont think he is, quite frankly i couldn't care less who graeme is, only what he has to write, i personally find what he writes logical.
i have in the past found both j16 and jacko to be logical to me.
i always take responsability for my own actions and will continue to as will i am sure most people on this thread.
now Vee please continue.

cheers
geoff
  • #2,966
  • Sep 27, 2010 3:41am Sep 27, 2010 3:41am
Quoting paul1
I don't think so geoff.
I think they are showing who's thread pip_daddy and thx1139 have posted on.
I have had...
I'm right here and I don't appreciate you trying to put words in my mouth. If you want to get into it I will be more than happy. Just do it in the 'J16 has no credibility' thread as I don't think people want this noise here.
  • #2,967
  • Sep 27, 2010 3:46am Sep 27, 2010 3:46am
Quoting VEEFX
Will delete this post soon.... who (or what) the heck is j16 and why do you all think any of the recent posts on thx or pipdaddy or whoever has anything to do with what we are trying to accomplish in this thread.

Frankly, I find it quite disrespectful to Graeme who, regardless of his health issues, is trying his best to help us all become successful. It's 1:30am in the morning my time and I surely don't want to see this distraction/bickering go on any further.
Trust me, you don't want to know. Has nothing to do with me. If it did I would be the one selling snake oil instead of hanging around worthwhile threads like this one talking about trading.
  • #2,968
  • Sep 27, 2010 3:47am Sep 27, 2010 3:47am
Hello vee eur/usd my pair.
Is moving in much the same way.
currently my daily reward target is 140 pips due to daily range on this pair.
risk is 10 pips.
r/r = 1:14.
so i have 14 maximum attempts. at the open price.

weekly if it survives is 350 again based on weekly range.
that means survivors today from todays open.
would have weekly r/r of 1:35.

My hourly risk reward is :
hourly range 27
risk 10 pips
r:r 1:2.7
per hour maximum 2 attempts. so my r:r always starts at 1:2.7

if it lasts a month r:r would be 1:74. based on monthly range.

does this seem ok have i got this right?

comments appreciated if this seems ok I will monitor my discipline to stick to it.
making green pips large and red pips small this is my goal.
  • #2,969
  • Edited 4:00am Sep 27, 2010 3:49am | Edited 4:00am
Quoting thx1139
Trust me, you don't want to know. Has nothing to do with me anyways. If it did I would be the one selling snake oil for $130 a month from hundreds of clueless people instead of hanging around worthwhile threads like this one talking about trading.
Oh gee.. I am done here.

Good Day/Night everyone. Planned next steps outlined in the chart below.

Attached Image (click to enlarge)
Click to Enlarge Name: 9-27-2010 1-37-55 AM.png Size: 44 KB
Staying in my lane...
  • #2,970
  • Sep 27, 2010 3:54am Sep 27, 2010 3:54am
Quoting VEEFX
Oh gee.. I am done here.

Good Day/Night everyone. Plan next steps outlined in the chart below.

Attachment
oops... first entry take out at SL.

Tonight's activity.

Pair: AUDCHF
One position taken out at SL.
Risk:reward for this pair is currently at 3:4 (one more ammo left)

Attached Image (click to enlarge)
Click to Enlarge Name: SnapShot025 2010-09-27.jpg Size: 286 KB


Good night everyone.

EDIT: I updated the tracking sheet image to reflect my thought process and lesson learnt for tonight's trade
Staying in my lane...
  • #2,971
  • Sep 27, 2010 4:05am Sep 27, 2010 4:05am
Quick question on MT4 platform gurus. Kindly PM me if you know of a way to turn on/off showing of past historical positions on the chart just like oanda.
Staying in my lane...
  • #2,972
  • Sep 27, 2010 4:08am Sep 27, 2010 4:08am
Hi All,

Can we please just stick to the thread/trading and discuss "politics" somewhere else.

Thanks,

Michael
  • #2,973
  • Sep 27, 2010 5:37am Sep 27, 2010 5:37am
Quoting VEEFX
Will delete this post soon.... who (or what) the heck is j16 and why do you all think any of the recent posts on thx or pipdaddy or whoever has anything to do with what we are trying to accomplish in this thread.

Frankly, I find it quite disrespectful to Graeme who, regardless of his health issues, is trying his best to help us all become successful. It's 1:30am in the morning my time and I surely don't want to see this distraction/bickering go on any further.

Hi Vee,

Are you in touch with Graeme through Im / email ? Would you by chance know how Graeme is doing?

Hope he is keeping good health.

Regards,
TS
Haste not to Enter AND Haste not to Exit !-TradeStar
  • #2,974
  • Sep 27, 2010 8:41am Sep 27, 2010 8:41am
Quoting paul1
as long as you stick with red or green you have got try pretty hard to be wrong more than 50 %
And has been proved you can be very profitable being right 2% .
Golden rule : whatever you do dont change your mind.
Enjoy being wrong but only for 10 pips.

Thanks for sharing that - very interesting.

And awesome new perspective: "ENJOY being wrong but ONLY for 10 pips"
ha ha! Love that!

I will now work on "enjoying" being wrong but ONLY for 10 pips!
  • #2,975
  • Edited 8:50am Sep 27, 2010 8:49am | Edited 8:50am
Hi Vee,
Thanks for welcoming me to the thread.

J16 is a couple of threads (one public and one private) that shows traders how they can use price actions at support and resistance levels to enhance your own methods.
Quoting VEEFX
who (or what) the heck is j16
The nice thing is that they show you how you can take the material they offer and mold it to your own style. I'm using some of their methods along with learning how to 'Stack' trades using some of Graeme and Joe's methods. Very interesting stuff.

Cheers,
Eric.
" Be always employed in something useful." - Benjamin Franklin
  • #2,976
  • Sep 27, 2010 8:51am Sep 27, 2010 8:51am
Good Morning everyone,

Here's my updated chart from last night. Could you all please comment whether I waited for confirmation in the 'right manner' or should I have waited for another H4 candle to close above the line?

Attached Image (click to enlarge)
Click to Enlarge Name: 9-27-2010 6-44-59 AM.png Size: 44 KB
Staying in my lane...
  • #2,977
  • Sep 27, 2010 9:07am Sep 27, 2010 9:07am
Would someone please post the links to the pdf files of Graeme's posts. I have looked and must have missed them. Thanks.
  • #2,978
  • Edited 9:50am Sep 27, 2010 9:34am | Edited 9:50am
I didn't see any H4 FB's, although there was a nice H1 FB, the line needing crossed being the close of the FB. I don't believe the H4 opportunity has presented itself yet. I see indecision in the weekly candles.

http://s4.postimage.org/GQkL9-d21c69d8.gif

T
  • #2,979
  • Sep 27, 2010 9:38am Sep 27, 2010 9:38am
Quoting VEEFX
Good Morning everyone,

Here's my updated chart from last night. Could you all please comment whether I waited for confirmation in the 'right manner' or should I have waited for another H4 candle to close above the line?

Attachment
The obvious thing to me is the 1hr pinbar on the 200ema.
That would be my setup.
i would enter long at 50% level of that bar as the wick will get you in early at a low price. If less aggressive you would wait for the open of the previous red candle to be broken and open there on a stop order.
The thing to watch out for is the recent high 8hrs ago which may act as resistance (hindsight makes this so easy) and kill the momentum as soon as you enter because the aggresive traders are taking profit there.
steve
Don't kill your dreams - execute them.
  • #2,980
  • Sep 27, 2010 9:43am Sep 27, 2010 9:43am
Quoting johnsund
Would someone please post the links to the pdf files of Graeme's posts. I have looked and must have missed them. Thanks.
Guys,

Want to share with the team what I have been doing. Since the pdfs from flyer are getting huge, I started doing the following:

1. Go into your profile settings and set the field to view max 40 posts per page. This will reduce the number of pages to 75
2. Load each page in Internet Explorer browser.
3. Click on 'Edit with MS Office Word' under 'Page'. This will transfer the entire page into Word. You could also click on 'Tools' and then click on 'Send to Onenote' if you have onenote installed on your computer.
4. Keep the posts you like and delete the ones that clutter the thread.

On a side note, I view this thread as a reference guide for years to come. For those who are sold on Graeme's trading philosophy, they ought to be doing this as most of the precious images are stored on 3rd party websites and who knows how long they will last. Just my 2 cents. Relying on flyer or others to maintain a pdf is looking for a free lunch imho.
Attached Image
Staying in my lane...
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