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my trade

  • #1,881
  • Nov 28, 2010 6:09pm Nov 28, 2010 6:09pm
Quoting AdamN
Btw, as i remember you're managing investors fund, did it still goes well?
i try to still no luck its not easy to convince people to invest ..lol
  • #1,882
  • Nov 28, 2010 6:16pm Nov 28, 2010 6:16pm
Quoting Magic Trader
Ben, good buddy, where you been? Hope you're well and trading.
Hi Magic, im good but not happy with the return on investment , spent so much time but with so little profit, Frank offer me some advice/suggestion and i thank him and appreciated .

i still want to make it my own .......stubborn!
  • #1,883
  • Nov 30, 2010 11:10pm Nov 30, 2010 11:10pm
hello ben and others,

long time no see ...

pls see some trades done around GMT09. typical mma pipe+curve setup, nice pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Noname 20101201 for upload to FF.png Size: 41 KB
Click to Enlarge Name: Noname 20101201_2 for upload to FF.png Size: 38 KB
  • #1,884
  • Nov 30, 2010 11:58pm Nov 30, 2010 11:58pm
Quoting RisingSun
hello ben and others,

long time no see ...

pls see some trades done around GMT09. typical mma pipe+curve setup, nice pips
Taiyo No Tou! I missed that picture.

Welcome back and nice trading. Let's get this thread jumping again.
  • #1,885
  • Dec 1, 2010 12:28am Dec 1, 2010 12:28am
Quoting Magic Trader
Taiyo No Tou! I missed that picture.

Welcome back and nice trading. Let's get this thread jumping again.
ariga_tou! let's do that
  • #1,886
  • Dec 1, 2010 4:08am Dec 1, 2010 4:08am
Quoting RisingSun
ariga_tou! let's do that
Love your setup. Are you trading off the 5min or the 1hour nowadays? Either way, they look fine.

I just got a setup from a trader I really respect and I'm studying it. The idea is the London breakout and works on most cable pairs. Thought I'd share it here.
Attached Image (click to enlarge)
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  • #1,887
  • Dec 1, 2010 4:57pm Dec 1, 2010 4:57pm
no Magic, i monitor trend on m15 and trade on m5. this gives 5 to 10 pips target pips without stress (to me). what i do is to mark the GMT9 time and try to read how the trend would move toward/after that time line.

your set up formation is excellent you see in the 3rd chart below, my false short entries. you will not get these with your set up. keep earning pips!
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Noname 20101202_3 for upload to FF.png Size: 125 KB
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  • #1,888
  • Dec 1, 2010 5:40pm Dec 1, 2010 5:40pm
this pair is easy to trade...
Attached Image (click to enlarge)
Click to Enlarge Name: Noname 20101202_6 for upload to FF.png Size: 31 KB
  • #1,889
  • Dec 2, 2010 1:25am Dec 2, 2010 1:25am
Thanks for posting all the charts, my friend. It's really good to see. I think what I like most about your trades is your patience. When you know you're right, you stick it out. When you know you're wrong, you get out. That's awesome.

I'm still working on the patience part. But it may have to do with the lack of confidence with the setups I've had in the past.

Where is Ben??
  • #1,890
  • Dec 6, 2010 5:23am Dec 6, 2010 5:23am
where are you ben?
Attached Image (click to enlarge)
Click to Enlarge Name: Noname 20101206_2 for upload to FF.png Size: 32 KB
  • #1,891
  • Dec 7, 2010 4:32am Dec 7, 2010 4:32am
Attached Image (click to enlarge)
Click to Enlarge Name: Noname 20101207 for upload to FF.png Size: 39 KB
  • #1,892
  • Dec 8, 2010 8:29am Dec 8, 2010 8:29am
I like your GMT +9 trade, Rising Sun. Really good and consistent.

Did my first live trade on the following setup after observing a couple weeks. No real reason for the early exit, but still +.5%
Attached Image (click to enlarge)
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  • #1,893
  • Dec 8, 2010 3:19pm Dec 8, 2010 3:19pm
Quoting Magic Trader
I like your GMT +9 trade, Rising Sun. Really good and consistent.

Did my first live trade on the following setup after observing a couple weeks. No real reason for the early exit, but still +.5%
really a good one, magic

GMT9 vertical time line drawn on charts, is really helpful to me in looking for the set up and entry point. also pays to know that good moves often start well before that line, like tokyo afternoon session.

keep up the good work magic! want to see more of your charts
Attached Image (click to enlarge)
Click to Enlarge Name: Noname 20101208 for upload to FF.png Size: 59 KB
  • #1,894
  • Dec 9, 2010 9:57pm Dec 9, 2010 9:57pm
congestion=pipe formed after the bubble+fan out. enter at breakout to south @GMT9...
Attached Image (click to enlarge)
Click to Enlarge Name: Noname 20101209 for upload to FF.png Size: 37 KB
  • #1,895
  • Dec 9, 2010 10:12pm Dec 9, 2010 10:12pm
Quoting RisingSun
congestion=pipe formed after the bubble+fan out. enter at breakout to south @GMT9...
You're making it look too easy! BTW, what do you mean by bubble + fan out? I like how you just have the 2 MAs now.

I'm working more on the setup I posted earlier. And also developing a new one. I'll share that if it works out.

Have a great weekend buddy .
  • #1,896
  • Dec 10, 2010 3:11am Dec 10, 2010 3:11am
Quoting Magic Trader
You're making it look too easy! BTW, what do you mean by bubble + fan out? I like how you just have the 2 MAs now.

I'm working more on the setup I posted earlier. And also developing a new one. I'll share that if it works out.

Have a great weekend buddy .
ben taught me the bubble is the acute rise (fall) that sticks out of any trend lines. after such spike, price tends to hesitate over some time, normally forming corrective moves. whether price makes another rise (fall) after depends on the big money moves.

if you "imagine" there were say 10 mma's drawn (which aren't in my chart), such mma's rise (fall) with increasing space that looks as if it is a "fan", with which you send breeze by waving when it's hot like this past summer.

after some months trading with mma's i decided to limit the number to bear minimum, while viewing the missing mma's "mentally". also noticed a few "slow" mma's are enough to read the trend, whether it is turning or still holding, how "young" or "fresh" after the turn, if the steam is about to exhaust, etc.

compression - rope - pipe - curve: all these formations can be read with just a few "slower" mma"s.

as you will notice, i trade the break outs. this has been and still is my entry points. ben's charts that present mma trades in action did enhance my trades, thanks to him. he trades the seconds, but this is too hard for me. m15 or m5 does give me enough length of legs to earn 1/2% profit against balance per entry.

and the simple gmt9 vertical line does provide key focal points.

ok, magic. you too have a great weekend, and looking forward to your new development of trade set ups.
  • #1,897
  • Dec 10, 2010 6:27am Dec 10, 2010 6:27am
Quoting RisingSun
ben taught me the bubble is the acute rise (fall) that sticks out of any trend lines. after such spike, price tends to hesitate over some time, normally forming corrective moves. whether price makes another rise (fall) after depends on the big money moves.
I like it, I like it, I like it! K.I.S.S. is the way to go. Your setup is so clean now. I've also switched chart views to 5min and 15min. It helps to filter out noise and reduces the need for tons of MAs.

We need to get Ben back in here!

Have a great weekend, Mr. Rising Sun.
  • #1,898
  • Dec 10, 2010 3:06pm Dec 10, 2010 3:06pm
either waited until a firm change of direction was confirmed after consolidation+curve then breakout of recent low, or skipped this trade ... a bit of luck helped me on this one
Attached Image (click to enlarge)
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  • #1,899
  • Dec 13, 2010 5:15pm Dec 13, 2010 5:15pm
which do you prefer?
Attached Image(s) (click to enlarge)
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  • #1,900
  • Dec 13, 2010 10:36pm Dec 13, 2010 10:36pm
Quoting RisingSun
which do you prefer?
Hi Guys,

Can you direct me how do I set up this GMT 9 trades.

Have been loosing in FX from day 1 need to follow some system.

Thanks in advance

Shane
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