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Trading Made Simple

  • #9,981
  • Aug 15, 2011 7:27am Aug 15, 2011 7:27am
Quoting wickedwin
Quiet day here as well, although I use my own TDI spin-off.

Only 4 trades today, normally around ~8.
Odd, what are you trading? I can spot a 50pip long on eurusd in the past idk 30 minutes
  • #9,982
  • Aug 15, 2011 7:45am Aug 15, 2011 7:45am
So the two trades I was looking at taking at the top of last hour were the 4H NU short and the 1H EU long. I took the NU 4H, but appears right now to be the wrong trade, but it was in line with the rules, the EU had not crossed and seemed to be just a lot of chop. Oh well
  • #9,983
  • Aug 15, 2011 7:56am Aug 15, 2011 7:56am
Quoting ghepburn
OK Could people give me their Skyoe names then and I'll give this a bash.

Graham
Hi Graham,
Could you please add ivan_helfman to your Skype Group?

Advanced thanks,
Ivan
  • #9,984
  • Aug 15, 2011 7:57am Aug 15, 2011 7:57am
Well.. I didn't make it to 20 pips.. I made 11... it looked like it was going to shoot back down and I'm a lot like Snapcracklepip.. I can't stand giving back that to the market.. as this is a live account as well.

I probably shouldn't have taken the trade as Stoch's was way up into the 80's.. but I just thought it had a really nice TDI slop to it... what sux is right after I exited the trade.. it shoot back up to 15.. lol.. oh well! OH Crap.. and as I look at it .. I would be at .. what 26 or so.. sigh.. oh well.. I guess I should have stayed with the rules and exited once TDI started going flat.. lol

Edit.. well.. at least I got my low ball goal.. actually I got more than that.. cause I took a trade on A/U earlier for 1.9 .. same thing.. not going to let a trade in profit go against me..
  • #9,985
  • Aug 15, 2011 8:03am Aug 15, 2011 8:03am
Quoting PipTheTrade
Well.. I didn't make it to 20 pips.. I made 11... it looked like it was going to shoot back down and I'm a lot like Snapcracklepip.. I can't stand giving back that to the market.. as this is a live account as well.

I probably shouldn't have taken the trade as Stoch's was way up into the 80's.. but I just thought it had a really nice TDI slop to it... what sux is right after I exited the trade.. it shoot back up to 15.. lol.. oh well! OH Crap.. and as I look at it .. I would be at .. what 26 or so.. sigh.. oh well.. I guess I should have stayed...
Don't worry, I did the same thing, and it is still climbing. However, this method is so stress free and profitable, that I really don't care. I am up 16% for the month with only a 1% DD. The market is moving well today, we should get another opportunity soon.

FS
  • #9,986
  • Aug 15, 2011 8:03am Aug 15, 2011 8:03am
Quoting PipTheTrade
Well.. I didn't make it to 20 pips.. I made 11... it looked like it was going to shoot back down and I'm a lot like Snapcracklepip.. I can't stand giving back that to the market.. as this is a live account as well.

I probably shouldn't have taken the trade as Stoch's was way up into the 80's.. but I just thought it had a really nice TDI slop to it... what sux is right after I exited the trade.. it shoot back up to 15.. lol.. oh well! OH Crap.. and as I look at it .. I would be at .. what 26 or so.. sigh.. oh well.. I guess I should have stayed...
Another thing you guys need to realize is that with just 10 pips a day.. and if you increase your lot sizes as your account grows, you would be surprised at how fast it can grow. Doesn't take long until you are paying yourself 2k then 3k then 5k a month.. and still making very good money to grow your account. Math doesn't lie.. as long as you continue to make your goals every day/week/month...
  • #9,987
  • Aug 15, 2011 8:04am Aug 15, 2011 8:04am
Trades closed: E/U +60pips, G/U +50pips.

13th consecutive win.

Find yourselves a great trend indication method, and stick to it.
  • #9,988
  • Aug 15, 2011 8:08am Aug 15, 2011 8:08am
Took a GBPUSD bounce trade off the 4hr.

cable1508.jpg
Attached Image (click to enlarge)
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  • #9,989
  • Aug 15, 2011 8:08am Aug 15, 2011 8:08am
Quoting RogerVF
Trades closed: E/U +60pips, G/U +50pips.

13th consecutive win.

Find yourselves a great trend indication method, and stick to it.
Nice Work!
  • #9,990
  • Aug 15, 2011 8:08am Aug 15, 2011 8:08am
Quoting ForexSam
Don't worry, I did the same thing, and it is still climbing. However, this method is so stress free and profitable, that I really don't care. I am up 16% for the month with only a 1% DD. The market is moving well today, we should get another opportunity soon.

FS
I hear ya.. but I've been up since 11am yesterday.. it's almost time for me to crash.. it's 5:04am here.. lol

As I said though, I'm at 12.9 for the day.. over my first goal.. so.. I'm happy. I could have tried to jump back in.. but seems when I try to do shit like that I get burned and end up loosing the pips I just got and or loosing more..so.. I'm done for the night. Also, there are more reports coming out in a few hours.. I suppose one could switch to the H1 charts and maybe pull some pips.. but I'm beat.. sux when you're already tired and are at -38 pips.. hoping it will come back and put you in profit. A lot harder to grip when it's live funds...
  • #9,991
  • Aug 15, 2011 8:11am Aug 15, 2011 8:11am
Quoting RogerVF
Trades closed: E/U +60pips, G/U +50pips.

13th consecutive win.

Find yourselves a great trend indication method, and stick to it.

Dang.. wish I would have gotten in that earlier I would have been done a long time ago and probably pulling some good ZZZzzzzzzz instead of pulling negative pips for 3 hours.. lol.. again, still made my low ball goal so, I'm happy. More happy for you.. lol.. but still!

Serious though, great job!


D
  • #9,992
  • Aug 15, 2011 8:12am Aug 15, 2011 8:12am
I won't take the counter trades...hoping for a good retrace on all USD pairs.

FS
  • #9,993
  • Aug 15, 2011 8:19am Aug 15, 2011 8:19am
Nice opportunity to go short, on short term...
  • #9,994
  • Aug 15, 2011 8:21am Aug 15, 2011 8:21am
Took this short scalp on the NZD/USD 15 M during this morning. Price broke below and closed below support in the 15 M chart with bearish divergence. Confirmed on the 1 Hr chart below on the cross of the MBL. Same short setup on NZD/JPY.

Wow! Missed all of the rally’s on the USD crosses - should have stayed awake. Will see what happens after NY open.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 15 m nzd usd 8.15.2011.gif Size: 30 KB
Click to Enlarge Name: 1hr nzd usd 8.15.2011.gif Size: 31 KB
  • #9,995
  • Aug 15, 2011 8:23am Aug 15, 2011 8:23am
Quoting ForexSam
I won't take the counter trades...hoping for a good retrace on all USD pairs.

FS
Looking closely at A/U and G/U
  • #9,996
  • Aug 15, 2011 8:28am Aug 15, 2011 8:28am
Quoting ForexSam
Looking closely at A/U and G/U
Entered E/U, G/U, A/U
  • #9,997
  • Aug 15, 2011 8:29am Aug 15, 2011 8:29am
Attached Image (click to enlarge)
Click to Enlarge Name: Cattura.jpg Size: 100 KB


this is my entry
  • #9,998
  • Aug 15, 2011 8:32am Aug 15, 2011 8:32am
Looks to be a good setup on Usa/Chf.. I almost jumped in.. but I'm beat.. and I'm not comfortable enough yet to just set a TP and SL, then go to bed.. lol.. not yet.

Night all
  • #9,999
  • Aug 15, 2011 8:35am Aug 15, 2011 8:35am
Quoting ForexSam
Entered E/U, G/U, A/U
Exited +15 don't like the PA.

FS
  • #10,000
  • Aug 15, 2011 8:41am Aug 15, 2011 8:41am
Quoting PipTheTrade
Another thing you guys need to realize is that with just 10 pips a day.. and if you increase your lot sizes as your account grows, you would be surprised at how fast it can grow. Doesn't take long until you are paying yourself 2k then 3k then 5k a month.. and still making very good money to grow your account. Math doesn't lie.. as long as you continue to make your goals every day/week/month...

just out of curiosty, what was your SL on that trade
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