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  • #3,301
  • Edited 2:55am May 20, 2011 2:38am | Edited 2:55am
I am short on GU for about 45 pips. 1HR TIME FRAME .Any body too?
I AM COUNTER TRENDING AND SEE HOW IT WILL PLAY
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #3,302
  • May 20, 2011 2:42am May 20, 2011 2:42am
Quoting adeforex
I am short on GU for about 45 pips. 1HR TIME FRAME .Any body too?
same here about 5min ago looking for 40 pips
  • #3,303
  • May 20, 2011 2:44am May 20, 2011 2:44am
What do you guys think? Is EU short coming soon?
Attached Image (click to enlarge)
Click to Enlarge Name: eupossible.gif Size: 23 KB
  • #3,304
  • May 20, 2011 3:02am May 20, 2011 3:02am
Just closed USD/CHF for +20. I have no faith in bigger gains than +20 when the market is ranging like it has been over the last week.

I am planning to go live this coming Monday as my 'regular job' comes to an end today and I will have time to dedicate myself to it fully..

GG
Now trading live
  • #3,305
  • May 20, 2011 3:02am May 20, 2011 3:02am
Quoting Elgrando
What do you guys think? Is EU short coming soon?
Looks like I did some thing wrong again I'm on it for a long
  • #3,306
  • May 20, 2011 3:16am May 20, 2011 3:16am
Quoting babnz48
Looks like I did some thing wrong again I'm on it for a long

Babnz

I think you need to get into the habit of looking to the left. 1.4330 has been a strong S/R level over recent times, and its approaching that now, I personally wouldn't take a long position until it breaks that level by a reasonable amountalso I dont see what signals you are seeing that confirms your choice?
Now trading live
  • #3,307
  • May 20, 2011 3:16am May 20, 2011 3:16am
Quoting babnz48
Looks like I did some thing wrong again I'm on it for a long
No, situation changed, no short right now, but we should be careful - maybe it'll be fake breakout, very strong resistance near
  • #3,308
  • May 20, 2011 3:22am May 20, 2011 3:22am
Quoting adeforex
i am short on gu for about 45 pips. 1hr time frame .any body too?
i am counter trending and see how it will play
stopped out for 40 pips,turns out to be bounce. RESISTANCE BROKEN

Lesson: Danger in counter trend
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #3,309
  • May 20, 2011 3:23am May 20, 2011 3:23am
Quoting Gg33
Babnz

I think you need to get into the habit of looking to the left. 1.4330 has been a strong S/R level over recent times, and its approaching that now, I personally wouldn't take a long position until it breaks that level by a reasonable amountalso I dont see what signals you are seeing that confirms your choice?
I am just now looking at both charts I don't have any red candles on eu 1h maybe this is the problem I'm using Trade Station 2 fxcm demo. My TDI is now flat though
  • #3,310
  • May 20, 2011 3:28am May 20, 2011 3:28am
Quoting babnz48
I am just now looking at both charts I don't have any red candles on eu 1h maybe this is the problem I'm using Trade Station 2 fxcm demo. My TDI is now flat though
this is my eur usd 1h tdi to flat now
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd 1h 20 5.png Size: 77 KB
  • #3,311
  • May 20, 2011 3:40am May 20, 2011 3:40am
Hey All,

So I have been following the thread. I thought I would show you my first weeks results.

I have been following what I understand the rules to be.

AUD/JPY

2 Trades for the week.

Trade 1 = +77

Trade 2 = +2

http://i53.tinypic.com/2qwmlua.jpg

AUD/USD

1 Trade for the week.

Trade 1 = -45

http://i52.tinypic.com/2a4vebr.jpg

EUR/GBP

1 Trade for the week.

Trade 1 = +56

http://i52.tinypic.com/ht5n3a.jpg

EUR/JPY

1 Trade for the week.

Trade 1 = +85

http://i53.tinypic.com/2el849c.jpg

USD/CAD

1 Trade for the week.

Trade 1 = +46

http://i52.tinypic.com/nx6yrs.jpg

-----------------------------------------------

6 Total trades. 5 Wins 1 Loss

Total pips gained +221

I will be adding more pairs next week. Thank you for all who have shared. Do not complicate things. I did not change a thing and only traded the way I believe is correct. If I did something please feel free to chime in.

Keep banking them pips.

G-Luck!
“Control, control, you must learn control!” - Yoda
  • #3,312
  • May 20, 2011 3:50am May 20, 2011 3:50am
Quoting ilzalama
Hey All,


6 Total trades. 5 Wins 1 Loss

Total pips gained +221

I will be adding more pairs next week. Thank you for all who have shared. Do not complicate things. I did not change a thing and only traded the way I believe is correct. If I did something please feel free to chime in.

Keep banking them pips.

G-Luck!

Fantastic... results on the KISS principle...

Could you post your stoch indi please, thank you
  • #3,313
  • May 20, 2011 3:54am May 20, 2011 3:54am
Quoting courtneywild
DEAN. your bearish wave was the first post I saw this morning and I really did
Fall of my chair laughing... brilliant


DEAN...
keeping prspective ... its OK to have a tiny bit of fun in life
Thank you I am a really bad trader with a good sense of humour
  • #3,314
  • May 20, 2011 4:01am May 20, 2011 4:01am
ozmacca are you in Aus or UK??
  • #3,315
  • May 20, 2011 4:12am May 20, 2011 4:12am
Quoting babnz48
I am just now looking at both charts I don't have any red candles on eu 1h maybe this is the problem I'm using Trade Station 2 fxcm demo. My TDI is now flat though
babnz48, when I was posting EU picture 1hr candle was in progress (that's why I wrote 'possible short') and was red, but when turned blue. Also, like Gg33 already said, we have strong resistance on EU near. To clear this out, let's look at GU example: 4hr resistance trendline was broken yesterday and now it became support - that's why I took GU long scalp trade on 15M TF, but not on EU. And, as you can see, right now EU struggling and going nowhere and GU made a quick 40 pips move up. As for me - it's all because of S/R lines
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu4hr.gif Size: 23 KB
Click to Enlarge Name: eu15m.gif Size: 22 KB
  • #3,316
  • May 20, 2011 4:15am May 20, 2011 4:15am
[quote=6 Total trades. 5 Wins 1 Loss

Total pips gained +221

I will be adding more pairs next week. Thank you for all who have shared. Do not complicate things. I did not change a thing and only traded the way I believe is correct. If I did something please feel free to chime in.

Keep banking them pips.

Great trading results there Ilzalama. A couple of questions:

what time-frame are you trading?

What session do you trade (London, NY or Tokyo)?

Cheers

Alan

P.S. Just found this wonderful thread, I will start trading Mr Eelfranz method starting monday - I do hope that he is well.
  • #3,317
  • May 20, 2011 4:18am May 20, 2011 4:18am
I am wondering if any body has the direct contact to our BOSS.For a while now, he has not been posting now after he complained of his ailments. PLEASE LET SOMEONE CLOSE TO HIM OR HAVING HIS CONTACT CALL HIS FAMILY TO KNOW THAT HE HIS RECOVERING FINE. As what he has created putting good pips on our platforms, lets always remember him in our ways of praying.
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #3,318
  • May 20, 2011 4:35am May 20, 2011 4:35am
i am long on GBPUSD on daily candle. Do anybody doing the same? Right now i am +20 and will watch it till the news time and then decided either to leave or close trade.
  • #3,319
  • May 20, 2011 4:49am May 20, 2011 4:49am
Quoting Elgrando
babnz48, when I was posting EU picture 1hr candle was in progress (that's why I wrote 'possible short') and was red, but when turned blue. Also, like Gg33 already said, we have strong resistance on EU near. To clear this out, let's look at GU example: 4hr resistance trendline was broken yesterday and now it became support - that's why I took GU long scalp trade on 15M TF, but not on EU. And, as you can see, right now EU struggling and going nowhere and GU made a quick 40 pips move up. As for me - it's all because of S/R lines

Thanks I can see an other problem as well Next week I will use a mt4 from fxcm mt Trade Station demo may be part of the problem . I have now opened a mt4 demo and it all looks different . change some open trades around and now200 pips up in open trades made a real difference
Thanks
  • #3,320
  • May 20, 2011 5:09am May 20, 2011 5:09am
Quoting adeforex
I am wondering if any body has the direct contact to our BOSS.For a while now, he has not been posting now after he complained of his ailments. PLEASE LET SOMEONE CLOSE TO HIM OR HAVING HIS CONTACT CALL HIS FAMILY TO KNOW THAT HE HIS RECOVERING FINE. As what he has created putting good pips on our platforms, lets always remember him in our ways of praying.
yes I was thinking the same....some body close shud contact big E
Trade responsiblypatience is the key/Swing trader
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