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  • #1,481
  • Sep 14, 2011 12:34am Sep 14, 2011 12:34am
Quoting fluiDynamic
Today's trade

Attachment

+20
nice job.. but i don't see a live trade..
  • #1,482
  • Sep 14, 2011 12:47am Sep 14, 2011 12:47am
3RFCT is off and going.. i will close this if it hesitated in here for too much..
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  • #1,483
  • Sep 14, 2011 12:57am Sep 14, 2011 12:57am
I missed this one.. but just a illustration for your better understanding of this powerful play in plans arsenal.
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  • #1,484
  • Sep 14, 2011 1:06am Sep 14, 2011 1:06am
Quoting P.Dean
3RFCT is off and going.. i will close this if it hesitated in here for too much..
+25 banked..
it really does not matter that the PA could be just peaking for a bullish strike.. I get my chunk from each reco and bank and move on to the next setup..
we are not in the business of predicting but rather a professional work to get consistent profit day in day out, week in week out..
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  • #1,485
  • Sep 14, 2011 1:16am Sep 14, 2011 1:16am
c'mon boys and girls post your trades and comments.. make it exciting in here if you want to see more of me in here.. lol.. i am a vibrant energetic guy...
get active...
  • #1,486
  • Sep 14, 2011 1:28am Sep 14, 2011 1:28am
LOL - you liked the acronym then 3RFCT

EDIT: thread is now in triple digits.........
  • #1,487
  • Sep 14, 2011 3:10am Sep 14, 2011 3:10am
Quoting P.Dean
c'mon boys and girls post your trades and comments.. make it exciting in here if you want to see more of me in here.. lol.. i am a vibrant energetic guy...
get active...
Hi PD,

I would post more live trades, but I have basically coupled this system with my 15m intraday strategy. I get my signal on the 15m and trade using your system on the 1m. Its real nervy trading the 1m, but it keeps me outa trouble. After I get my 20pips TD is done fer the day brotha!!!!
  • #1,488
  • Sep 14, 2011 4:42am Sep 14, 2011 4:42am
Greetings PD & all,
Great thread, thanks for sharing.

I've read the 1st 10 pages, then I've skipped to the end, & almost have it all together.
Just a couple of questions, & it may be the difference between brokers,
but in post #1482,
when I bring up the EUR-JPY chart & measure from H of signal candle
to LL, 2 candles prior, there is 12 pips there,
then I add 3 pips to the H of signal candle for Entry,
then add spread 2 pips
then 1 pip below LL,to stop,
I would end up with a stop loss of 18 pips.

1. Are you occasionally going a bit above 15 pip stop loss, is that OK? (or like I say it could be your broker's different to mine)
2. It seems that you take the 3rd RF signal from the 1st bottom, is that right?



Thanks.
BT
  • #1,489
  • Edited 5:38am Sep 14, 2011 5:23am | Edited 5:38am
Setting up a EU RFCT ambush now. Lets see what the market has to say.....

Edit: Out at BE. News not looking good for USD.
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  • #1,490
  • Sep 14, 2011 6:03am Sep 14, 2011 6:03am
Went right back in a scalped out +7. Once I get CT on the brain there's no going back. lol

Edit: Excuse all those trades you see on your far left. Those were done on the 1m. Different rules applied etc.
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  • #1,491
  • Sep 14, 2011 6:24am Sep 14, 2011 6:24am
Quoting Billy T
Greetings PD & all,
Great thread, thanks for sharing.

I've read the 1st 10 pages, then I've skipped to the end, & almost have it all together.
Just a couple of questions, & it may be the difference between brokers,
but in post #1482,
when I bring up the EUR-JPY chart & measure from H of signal candle
to LL, 2 candles prior, there is 12 pips there,
then I add 3 pips to the H of signal candle for Entry,
then add spread 2 pips
then 1 pip below LL,to stop,
I would end up with a stop loss of 18 pips.

1. Are you occasionally going a bit above 15...
Hi BT,

I am bit of a hack at this but I'll do my best to explain how I look at it.

1. 15pip stop is what I'm looking for. But I always keep my finger on the trigger regardless. Cut them losses short. There is always another trade coming down the pipe.

2. CT trades are a BI@TCH!! But if you get the itch ( like some of us. ). We look for a double top or 3 RF's from the recent H/L above the band.

Hope this explanation wasn't to confusing.

All the best to you!
  • #1,492
  • Sep 14, 2011 7:20am Sep 14, 2011 7:20am
Quoting TokyoDrifter
Hi BT,

I am bit of a hack at this but I'll do my best to explain how I look at it.

1. 15pip stop is what I'm looking for. But I always keep my finger on the trigger regardless. Cut them losses short. There is always another trade coming down the pipe.

2. CT trades are a BI@TCH!! But if you get the itch ( like some of us. ). We look for a double top or 3 RF's from the recent H/L above the band.

Hope this explanation wasn't to confusing.

All the best to you!
Thanks for your help, TD, I see a bit more clearly now.
I'm not up to trading this yet, still taking to long in the decision making
process, & rejecting a lot more possibilities than you guys at this stage,
but what I've seen so far is awesome.

Cheers,
BT
  • #1,493
  • Sep 14, 2011 8:40am Sep 14, 2011 8:40am
Quoting Billy T
Thanks for your help, TD, I see a bit more clearly now.
I'm not up to trading this yet, still taking to long in the decision making
process, & rejecting a lot more possibilities than you guys at this stage,
but what I've seen so far is awesome.

Cheers,
BT
Your welcome BT. Rejection is good. Personally, what this system has done is open my eyes up to whats REALLY happening before I DECIDE TO or NOT TO step INTO the mosh pit. lol
  • #1,494
  • Sep 15, 2011 12:54am Sep 15, 2011 12:54am
Hi everyone,
good to see most of you and some new faces..

John..
I love the new names you come up with.. acronym in da house baby.. lol

billyT..
welcome to the thread..
i recommend to not be too fixated on the numbers.. the idea is to not take too big of a risky trade.. so if 15 is 19 its not that big of a deal at times..
about you last question.. where ever i spot a LL or HH i count 3 rf from there without confirmed break of the HH/LL level in between.

TD..
your a star in your own rights.. do whats best for you and i am glad that this thread has helped you to find your own rhythm of trading for the better... that's the main idea of my effort here.



ok... i will be here most if not the whole day... let's roll baby..
  • #1,495
  • Sep 15, 2011 1:00am Sep 15, 2011 1:00am
Hi PD,

I am done scalping out my +20 in the Asian session. Will try to trade along with you all on the demo today.
  • #1,496
  • Sep 15, 2011 1:03am Sep 15, 2011 1:03am
quick PA recap of our own little world..

atm PA is hinting euro strong.. remains to be see how strong and the band to also to come into follow ups..
here is how we ambush it for the take down..

if it continues on the euro strength.. we look for SBT and SMBT
if it stalls and pulls a mild strike.. then we look for counter 3rfct
while we are ambushing the two most anticipated take... but if nothing happens its most like the sign of what???
who can tell me..
  • #1,497
  • Sep 15, 2011 1:07am Sep 15, 2011 1:07am
Quoting TokyoDrifter
Hi PD,

I am done scalping out my +20 in the Asian session. Will try to trade along with you all on the demo today.
do whats best for you brother..
but listen..
don't limit yourself in this profession, it will hunt at some point and time in one way or another (this beast does to us in many ways)... sad but true.
and in my opinion you too good to limit yourself.. take its ass down.. your good enough to do it, trust me.

just brotherly words,
  • #1,498
  • Sep 15, 2011 1:09am Sep 15, 2011 1:09am
Hi all,
Thanks for that TD.
Here's another one for you.
It looks to me as if it would be alright to disregard LL at "X",
in our evaluation of the suitability of Double Bottom at the Arrows
for a 3RFCT trade, because the move up from X hit the upper TMA line at tick, & that was then a short MSBT trade from tick back down to the 1st arrow.

Ok, so from the 1st arrow, when we get the 3rd RF, we haven't yet got a
double bottom, but 4 bars later we get our double bottom at 2nd arrow.
I'm thinking that it would be a good place to put a PO in 3 pips above this
bar (6pip range +3+2+1=12 pip S/L)
or should it be 3 pips above High of 3rd signal bar?

Cheers,
BT
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  • #1,499
  • Edited 1:30am Sep 15, 2011 1:19am | Edited 1:30am
GU short NBT..

edit sl hit -18..

edit 2... time to change my girl..
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  • #1,500
  • Sep 15, 2011 1:20am Sep 15, 2011 1:20am
Quoting P.Dean
do whats best for you brother..
but listen..
don't limit yourself in this profession, it will hunt some day in one way or another (this beast does to you in many ways)... sad but true.
and in my opinion you too good to limit yourself.. take its ass down.. you good enough to do it, trust me.

just brotherly words,
OK PD. Personally, the reason I have a 20pip limit on myself is due to a tendency to over-trade. Trying to work that bit of psych outa me. Just trying for a steady baseline game for now. But once I am confident I can get the opponent out of position, I'll start rushing the net for the put away shots. lol
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