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  • #961
  • Aug 19, 2011 9:28am Aug 19, 2011 9:28am
EURJPY SBT soon?
  • #962
  • Aug 19, 2011 9:28am Aug 19, 2011 9:28am
Quoting P.Dean
k and vick... awesome trades.. well done ambushing than spotting it in time to get the trigger going..
TP hit + 14
Fall seven times, stand up Eight! #GGMU
  • #963
  • Aug 19, 2011 9:32am Aug 19, 2011 9:32am
Quoting Klaxon
trigered
already closed +15 just 3pips before the band
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 23 KB
Respect and Honor !
  • #964
  • Aug 19, 2011 9:34am Aug 19, 2011 9:34am
I am deeply grateful for your help.

I saw what you did with the same pair.

well done
Quoting P.Dean
who is mad brother.. lol.. i am trying to help you..
this is the way i teach.. i do questions and answers so i know where your mind and progress are..

this band is not MS.. look at the the PA.. it has broken the previous days LL a few hours ago affirmatively and has resulted in the BAND striking mood as the angel of it is the evidence..
so the PA/band is striking enough to not get involve to even think counter trade..
  • #965
  • Aug 19, 2011 9:34am Aug 19, 2011 9:34am
Quoting Arnold49
EURJPY SBT soon?
yes could be.. relax.. wait for the RF close.. measure the distance to HH.. if ok.. set the correct pending..
  • #966
  • Aug 19, 2011 9:36am Aug 19, 2011 9:36am
Quoting Klaxon
already closed +15 just 3pips before the band

+14 and +15.. its monster result.. well done both..
i see stars in the making...
  • #967
  • Aug 19, 2011 9:38am Aug 19, 2011 9:38am
Quoting P.Dean
+14 and +15.. its monster result.. well done both..
i see stars in the making...
Thanks Sir
Fall seven times, stand up Eight! #GGMU
  • #968
  • Aug 19, 2011 9:39am Aug 19, 2011 9:39am
Quoting P.Dean
k and vick... awesome trades.. well done ambushing than spotting it in time to get the trigger going..
Thank you Dean, i prefered to look at NU instead of CAD

hapipipin
Respect and Honor !
  • #969
  • Aug 19, 2011 9:39am Aug 19, 2011 9:39am
NBT setting up on EUR/CHF??
Fall seven times, stand up Eight! #GGMU
  • #970
  • Aug 19, 2011 9:40am Aug 19, 2011 9:40am
SMBT EURJPU
Attached Image (click to enlarge)
Click to Enlarge Name: EUR JPY.JPG Size: 82 KB
  • #971
  • Aug 19, 2011 9:43am Aug 19, 2011 9:43am
Quoting P.Dean
yes could be.. relax.. wait for the RF close.. measure the distance to HH.. if ok.. set the correct pending..
and a chart.

Attached Image
  • #972
  • Aug 19, 2011 9:45am Aug 19, 2011 9:45am
Quoting Arnold49
and a chart.

Attachment
arnold.. if your taking this as a SMBT.. than you need to wait for the RF bar to close.. which you have not yet..

if your taking it as SBT.. than its fine..

and the hard stop loss goes below the PB.. further down.. which will make this setup a high risk one..

little last minute details for full confirmation of the reject and accept factor... , details details..

so thats why i will not bother with this setup and I reject it..
  • #973
  • Aug 19, 2011 9:49am Aug 19, 2011 9:49am
Quoting P.Dean
arnold.. if your taking this as a SMBT.. than you need to wait for the RF bar to close.. which you have not yet..

if your taking it as SBT.. than its fine..

and the hard stop loss goes below the PB.. further down.. which will make this setup a high risk one..

little last minute details for full confirmation of the reject and accept factor... , details details..

so thats why i will not bother with this setup and I reject it..

it's SBT now triggered, I wasn't happy about the SL either, by the way what would you consider a max SL, 25 pips?
  • #974
  • Aug 19, 2011 9:53am Aug 19, 2011 9:53am
guys my presence here is useful when i make correction of your actions so you all get better and eliminate or limit your mistakes one out of time in a rapid speed..
so if i critic.. its solely for you own benefit and nothing else.. so don't take it in the wrong way..
for example.. i am sure aronld can appreciate at the moment of what i just corrected for him.. he was so focused on the setup that he may have forgot the risk to reward factor of the setup..
  • #975
  • Aug 19, 2011 9:56am Aug 19, 2011 9:56am
Quoting P.Dean
guys my presence here is useful when i make correction of your actions so you all get better and eliminate or limit your mistakes one out of time in a rapid speed..
so if i critic.. its solely for you own benefit and nothing else.. so don't take it in the wrong way..
for example.. i am sure aronld can appreciate at the moment of what i just corrected for him.. he was so focused on the setup that he may have forgot the risk to reward factor of the setup..
I don't mind criticism, hell, you can beat me with a stick! as long as I get near your performance.
  • #976
  • Aug 19, 2011 9:56am Aug 19, 2011 9:56am
Quoting Arnold49
it's SBT now triggered, I wasn't happy about the SL either, by the way what would you consider a max SL, 25 pips?
preferably between 15 to 25... and not much more than 25.. unless the setup looks very very good...
ej dosen't since the PB was just on one flash of 50 pips drop.. so it may drop to test the LL one more time before taking off for bull.. but who knows.. i just stick to rules of my RR and money management.. sl over 30 on such setup is way too much.. there are far better setups soon around the corner no need to force one.

now no worries.. it all comes with experience and screen time... before you know it you will see and feel things that you never had before or thought you will.. so patience in all kinds of aspects is required for this great profession.. if it was easy everyone would be a millionaire by now.
  • #977
  • Aug 19, 2011 10:02am Aug 19, 2011 10:02am
hey Dean i would like to know if you bother yourself with the last hour of london open or if it s meaningless for you ? thanks you
Respect and Honor !
  • #978
  • Aug 19, 2011 10:02am Aug 19, 2011 10:02am
SMBT setting up on USD/CHF
Fall seven times, stand up Eight! #GGMU
  • #979
  • Aug 19, 2011 10:03am Aug 19, 2011 10:03am
Thanks for that, several setups on the horizon now GU & AU look best
  • #980
  • Aug 19, 2011 10:10am Aug 19, 2011 10:10am
Quoting Klaxon
hey Dean i would like to know if you bother yourself with the last hour of london open or if it s meaningless for you ? thanks you
as you all see my chart... the gray box is where my trading hours are.. and its approaching the end time now.. so if i see a exhausted pa like what we are witnessing on eu where it has made a 200 pips move already and and the last burst was for 160.. than i might let go of it and not trade it... if i have traded all day and I am up decent or a good amount of profit, than i let go of the last hour..
so i use good solid daily management as well as technical aspects when i reach the end hours.
trading is too vast to put a square box around it.. but commonsense always goes a long way in the mix of things.
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