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My trading journey

  • #1,341
  • Nov 22, 2010 12:56pm Nov 22, 2010 12:56pm
Quoting justht
Hi MaMood,

Bulkowsky has written a number of books about pattern.
Some of the pattern can be found online in his website:

http://thepatternsite.com/chartpatterns.html

Thanx justht for the link.

BTW: That was a strong USD bull day today. H4 candles are looking very strong. But as always on mondays and Tuesdays I can not trade the NY afternoon session.
Guess you have made a killing out of it.
Hope there are some pips left for London opening tomorrow ...

CU,
Niels
  • #1,342
  • Nov 22, 2010 3:13pm Nov 22, 2010 3:13pm
it was a very good day for me yesterday although market was letargic during asian session and bleed some of my soldier but manage to re-group and made a good full attack during london until us session...

still a short bias for me...

sx1x3621 scout...

we'll see... coffee???
Success consists of going from failure to failure without loss of enthusiam
  • #1,343
  • Nov 22, 2010 5:02pm Nov 22, 2010 5:02pm
squared... BE...

i'll wait until market starts moving again... it's pretty dead at the moment...

...just waiting....
Success consists of going from failure to failure without loss of enthusiam
  • #1,344
  • Nov 22, 2010 5:26pm Nov 22, 2010 5:26pm
Gd Morning fellow traders

Scout is still deployed in safe territory... That's is what Fti probably meant by using foreign capital gained during the day to buffer your overnight position BUT u should only leave your scout in there becos the purpose of the scout is he is expendable (sounds like Stallone got the movie idea from Fti )

@ Niels how are u feeling? Ready to take on the mkt... Btw justht is the good mate of mine who discover the co-relation of the HangSeng to EU... Another top-notch trader

@ Eddy - Double expresso please

@justht - Looking forward to more insight from u


Pip well
"Thinking Heart & Feeling Brain"
  • #1,345
  • Edited 7:37pm Nov 22, 2010 5:32pm | Edited 7:37pm
Quoting Sylar
Gd Morning fellow traders

Scout is still deployed in safe territory... That's is what Fti probably meant by using foreign capital gained during the day to buffer your overnight position BUT u should only leave your scout in there becos the purpose of the scout is he is expendable (sounds like Stallone got the movie idea from Fti )

@ Niels how are u feeling? Ready to take on the mkt... Btw justht is the good mate of mine who discover the co-relation of the HangSeng to EU... Another top-notch trader

@ Eddy - Double expresso...
although bias still short for me... but cannot be certain... let's be nimble...

... dbl espresso... coming right up!



... i'm configuring mt4 to run fti and leigh's chat log... as per niels idea...

...kinda interesting... to see them dance...


sx1x3621
sx3x3613
sx3x3605
....

edit: scaling down...

closed L3 & L2 .... 3568
scout still running on a higher terrain...
Success consists of going from failure to failure without loss of enthusiam
  • #1,346
  • Nov 22, 2010 6:05pm Nov 22, 2010 6:05pm
Would you mind expanding on how and why your bias is short? Thanks.

Marc
  • #1,347
  • Nov 22, 2010 6:48pm Nov 22, 2010 6:48pm
Quoting dongsky

... i'm configuring mt4 to run fti and leigh's chat log... as per niels idea...

...kinda interesting... to see them dance...
Care to expand on that Eddy...

Actually I was contemplating the relatively of MA on short charts after studying Graeme... Glad to see the pro actually utilsing it...

Fti mentioned in ranging/rescue situations to look to higher TF for references as well as to gauge volatility... Having MA does that on 5mins... In the chatlog Fti deploy his scout or troops near the MA cos it's favorable ground (as per AOW)

Paused... Better put disclaimer 1st Be nimble & rigidity kills so dancing to the rhythm of PRICE, SPEED & VOLITILITY is still paramount
"Thinking Heart & Feeling Brain"
  • #1,348
  • Nov 22, 2010 7:31pm Nov 22, 2010 7:31pm
Quoting maxxtrader
Would you mind expanding on how and why your bias is short? Thanks.

Marc
hi marc,
my apologies, i wast too busy dancing with my lady...

okay... to expand my thoughts regarding my early bias...

- when i opened my chart this morning, i saw an engulfing candle that signaled e straightaway a bearish bias...

- i opened 4h chart for confirmation...
... it already started showing first leg...and i saw a current correction candle...

- i then pulled out 1h chart just to confirm my short bias....
... looking at an inverted hammer with a very long wick...
... a cnadle correction in 4h is a 4 candle correction in 1h...
... just after i deployed scout... 2nd leg forming...

- spotted and opportunity... deployed scout in 5m chart

i hope you understand it marc i'm not a good teacher... that's for sure...

regards,
Attached Image(s) (click to enlarge)
Click to Enlarge Name: daily.jpg Size: 96 KB
Click to Enlarge Name: 4h.jpg Size: 100 KB
Click to Enlarge Name: 1h.jpg Size: 97 KB
Click to Enlarge Name: 5m.jpg Size: 83 KB
Success consists of going from failure to failure without loss of enthusiam
  • #1,349
  • Nov 22, 2010 8:36pm Nov 22, 2010 8:36pm
Thanks Eddy,

That is very helpful and I can clearly see yout thought process. Very much appreciated!!

Marc
  • #1,350
  • Edited Nov 23, 2010 12:24am Nov 22, 2010 8:48pm | Edited Nov 23, 2010 12:24am
Quoting maxxtrader
Thanks Eddy,

That is very helpful and I can clearly see yout thought process. Very much appreciated!!

Marc
you are welcome...

sx5x3582...

this will be a short run...

... blitz!!!!

be very nimble....

closed... 3567
L4 x5x3582
L3 x3x3576
L2 x3x3569
108pips

....

scout still snipping on a high grounds.... @3621 area... terrain keeps on revealing new slopes and trends... be nimble...
Attached Image (click to enlarge)
Click to Enlarge Name: nov 23.jpg Size: 129 KB
Success consists of going from failure to failure without loss of enthusiam
  • #1,351
  • Nov 22, 2010 8:55pm Nov 22, 2010 8:55pm
So as long as you trade with your higher time frame bias you are more confidant with a rescue if needed?
  • #1,352
  • Nov 22, 2010 9:10pm Nov 22, 2010 9:10pm
brng back home my scout....

flip!!!!


bx1x3580... scout...
Success consists of going from failure to failure without loss of enthusiam
  • #1,353
  • Nov 22, 2010 9:18pm Nov 22, 2010 9:18pm
Quoting maxxtrader
So as long as you trade with your higher time frame bias you are more confidant with a rescue if needed?

... in some point yes...

let me put it this way... i view the market from a far... zoomed out...
i look from daily, 4h and 1h... and even sometimes using 15 minutes to have a good feel of market and her directional mood swings....

i am dancing 5m TF... the reason .. when in trouble... i have a short period to implement rescue or simply kill troops, if need be... so longer TF is just for direction confirmaton and reference purposes only...

battle ground ... is 5m TF...

and yes you are correct... as long as you are ridding the long TF trend... you can do rescue... because in a shorter tf, it may show a reversal but for a longer scope like 4h or daily, it might just a minor correction...

rember, not all situations can be rescued... it's better to simply kill underwater soldiers than rescuing...

control damage...
Success consists of going from failure to failure without loss of enthusiam
  • #1,354
  • Nov 22, 2010 9:28pm Nov 22, 2010 9:28pm
this is why i decided to flip...

i believe it's a change of wind...

see higher highs and higher lows...

after a nicely penetrated long candle with a long tail/ lower wick...

runs an impluse swing...

...maybe i'm wrong but that's the purpose of the scout... to feel the market....

...just my view...

...and oh, i always pays a lot of attention on the reaction areas...
Attached Image (click to enlarge)
Click to Enlarge Name: nov 23 a.jpg Size: 143 KB
Success consists of going from failure to failure without loss of enthusiam
  • #1,355
  • Nov 22, 2010 9:45pm Nov 22, 2010 9:45pm
Well done Eddy

Hope your scout don't kill my trailing scout on the way up

Don't take too much pips buddy... Leave some pips for later
"Thinking Heart & Feeling Brain"
  • #1,356
  • Nov 22, 2010 9:52pm Nov 22, 2010 9:52pm
Quoting Sylar
Well done Eddy

Hope your scout don't kill my trailing scout on the way up

Don't take too much pips buddy... Leave some pips for later



make sure you keep your scout a distance from mine...

hey mine by the way is wearing a lavander singlet hehehe with a teddy ber backpack and a slingshot!!!

be nimble...


hey is that you philip???
i can see you from my bunker...

http://wiredcpu.com/wp-content/uploa...strike-001.jpg


ah... there you are heheheh ...

http://t0.gstatic.com/images?q=tbn:N...Strike_620.jpg
Success consists of going from failure to failure without loss of enthusiam
  • #1,357
  • Nov 22, 2010 10:00pm Nov 22, 2010 10:00pm
hey philp, kidding aside... maybe you're considering a long scout too...
Success consists of going from failure to failure without loss of enthusiam
  • #1,358
  • Nov 22, 2010 11:14pm Nov 22, 2010 11:14pm
am bringing scout home...

no action....

3kings not insync...

...wait for london open probably...
Success consists of going from failure to failure without loss of enthusiam
  • #1,359
  • Nov 22, 2010 11:30pm Nov 22, 2010 11:30pm
Quoting dongsky
you are welcome...

sx5x3582...

this will be a short run...

... blitz!!!!

be very nimble....

closed... 3567
L4 x5x3582
L3 x3x3576
L2 x3x3569
108pips

....

scout still snipping on a high grounds.... @3621 area... terrain keeps on revealing new slopes and trends... be nimble...
Well done..

would you be able to put arrow for short/long open position and where u cover it (if it doesn't create a lot of work).
This help us understand your attack sequence better.

thanks,
justht
  • #1,360
  • Nov 22, 2010 11:38pm Nov 22, 2010 11:38pm
Quoting justht
Well done..

would you be able to put arrow for short/long open position and where u cover it (if it doesn't create a lot of work).
This help us understand your attack sequence better.

thanks,
justht
ok... i'll do it if i could...
Success consists of going from failure to failure without loss of enthusiam
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