- #2,621
- Apr 15, 2011 6:02am Apr 15, 2011 6:02am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #2,622
- Apr 15, 2011 6:03am Apr 15, 2011 6:03am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #2,623
- Apr 15, 2011 6:08am Apr 15, 2011 6:08am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #2,624
- Apr 15, 2011 6:15am Apr 15, 2011 6:15am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #2,625
- Edited 3:46pm Apr 15, 2011 1:41pm | Edited 3:46pm
- Joined Jun 2007 | Status: trader | 1,703 Posts
Hey Magic. Yes, I am liking this composite method.
Ben. Yes, requires a hell of a patience but also a confidence in your logic.
Shorted again at Frank open. Bit too early. Market really starts moving after London open. I set the profit target of 2%, which was increased to 5% but this turned out to be too high. Profit actually reached the initial target of 2% but then has fallen back. As the close of NY nearing, I closed with 1% plus.
Later it went to 2% plus again. 
Overall gain for the week was 13% plus.
Have a great weekend all!
Ben. Yes, requires a hell of a patience but also a confidence in your logic.
Shorted again at Frank open. Bit too early. Market really starts moving after London open. I set the profit target of 2%, which was increased to 5% but this turned out to be too high. Profit actually reached the initial target of 2% but then has fallen back. As the close of NY nearing, I closed with 1% plus.
Later it went to 2% plus again. Overall gain for the week was 13% plus.
Have a great weekend all!
- #2,626
- Apr 18, 2011 7:03am Apr 18, 2011 7:03am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #2,627
- Apr 18, 2011 7:31am Apr 18, 2011 7:31am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
Hey Magic. Yes, I am liking this composite method.
Ben. Yes, requires a hell of a patience but also a confidence in your logic.
.........
personal experience(trading journey) and discipline are the key
- #2,628
- Apr 18, 2011 7:44am Apr 18, 2011 7:44am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #2,629
- Apr 18, 2011 7:49am Apr 18, 2011 7:49am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #2,630
- Apr 18, 2011 7:52am Apr 18, 2011 7:52am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #2,631
- Apr 18, 2011 7:54am Apr 18, 2011 7:54am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #2,632
- Apr 18, 2011 8:13am Apr 18, 2011 8:13am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #2,633
- Apr 18, 2011 8:15am Apr 18, 2011 8:15am
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #2,634
- Edited 3:38pm Apr 18, 2011 2:54pm | Edited 3:38pm
- Joined Jun 2007 | Status: trader | 1,703 Posts
good work ben! your mma method works for any time frame! here go some of my multi-pair charts, h4. nice compression + curve. entry aft Lon open. the profit curve shows my 7 hours battle. total 11% gain, 2% dd. one of the best days.
- #2,635
- Apr 18, 2011 5:33pm Apr 18, 2011 5:33pm
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #2,636
- Apr 18, 2011 5:47pm Apr 18, 2011 5:47pm
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
good work ben! your mma method works for any time frame! here go some of my multi-pair charts, h4. nice compression + curve. entry aft Lon open. the profit curve shows my 7 hours battle. total 11% gain, 2% dd. one of the best days.
i like this one of yours
http://img833.imageshack.us/img833/5900/akiral.png
see yellow circle - indecision among traders yeah and formed compression.
i would risk bet when 1.3100 short.
the confirmation: a- the slope b- red candle break the priceline of 1.3100
i'll trade that over and over again ...means if first trade loss ill put limit short at the same price double up bet and so on.
and when im inprofit ill add more and move all stop to protect the gain, you know already how i operate
- #2,637
- Apr 19, 2011 2:36pm Apr 19, 2011 2:36pm
- Joined Jun 2007 | Status: trader | 1,703 Posts
Thanks ben. I am following your charts every time they are posted, and learning. I tend to like setting a profit goal and wait, on a long time frame.
No trade last night. After the big dive, pullback is expected and occurred but not certain until later. If the uptrend is confirmed I will long the "bunch".
No trade last night. After the big dive, pullback is expected and occurred but not certain until later. If the uptrend is confirmed I will long the "bunch".
- #2,638
- Apr 19, 2011 5:54pm Apr 19, 2011 5:54pm
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
- #2,639
- Apr 19, 2011 6:00pm Apr 19, 2011 6:00pm
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts
Thanks ben. I am following your charts every time they are posted, and learning. I tend to like setting a profit goal and wait, on a long time frame.
No trade last night. After the big dive, pullback is expected and occurred but not certain until later. If the uptrend is confirmed I will long the "bunch".
just relax and wait the setup(compression), and when they come up ...attack with size and when they go north in your direction add more ....simple !
- #2,640
- Apr 19, 2011 6:10pm Apr 19, 2011 6:10pm
- | Joined Apr 2009 | Status: Pips Farmer | 5,211 Posts