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  • #1,861
  • Oct 4, 2011 9:37am Oct 4, 2011 9:37am
Quoting Klaxon
Nice trade Bro as usual, it hit already your target i was not enough patient with this one and got out with a loss of -1.1, i continue to learn from you thank you Bro

hapipipin
thanks bud, its nice to wake up to a winner tp..

i would have exited this if i would not had lower my risk to almost nothing, so it was a bonus play being off the screen.
  • #1,862
  • Oct 4, 2011 9:42am Oct 4, 2011 9:42am
Quoting Incanus
Hello,

i just took a trade that went bad. First i think that was a NBT (eu short) but then i realize that i have two mistakes in the trade setup:

1. The price didnt pierce the upper band.
2. The pending order where placed bellow the middle band.

is my analysis correct?

Best regards!!
you are correct.. on NBT you want complete rejection from the band.. meaning a cross and cross back inside.. this way also you entry will fall most of the time before the mid band.
  • #1,863
  • Edited 10:12am Oct 4, 2011 10:10am | Edited 10:12am
I just closed a AUDUSD nbt short , i decided to closed it after it almost touch the lower band around 18 pips and retraced pretty fast and got out with +13.3 pips , someone else got it ?

hapipipin
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Respect and Honor !
  • #1,864
  • Oct 5, 2011 5:21am Oct 5, 2011 5:21am
First trade today AUDUSD sbt long closed +11.9 pips

hapipipin
Attached Image (click to enlarge)
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Respect and Honor !
  • #1,865
  • Oct 5, 2011 6:40am Oct 5, 2011 6:40am
Nice catch Klaxon. Forgot about that set up. I am always looking for SMBT.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #1,866
  • Oct 5, 2011 7:10am Oct 5, 2011 7:10am
Quoting capstone
Nice catch Klaxon. Forgot about that set up. I am always looking for SMBT.
Thanks Capstone, i understand what you mean about smbt setup, when i began to learn this strategy few weeks ago i checked only about smbt because they are more safe and powerfull than the others, because of the trend direction with good angle of the band, but after some time and more experience with this strategy i began to see more easily the others setup at first look also

I think after about 6 years of part time of trying to learn and understand forex market with several different strategy and system here in FF and elswhere i m ready for this kind of strategy now, because i m more patient and discipline and my target is around 100 pips/week with a daily average of 25 pips x 4 days, i m still on demo, while i migrated trough a new broker, i m not ready yet but i hope to begin to trade real soon

hapipipin
(sorry for my english)
Respect and Honor !
  • #1,867
  • Oct 5, 2011 7:31am Oct 5, 2011 7:31am
For the first time i decided to go with a setup during news release with my finger on my mouse and pretty ready to close it if it don t go well even if it s still on demo but i try to act like a real account , so i taked 2 smbt setup EURUSD and EURJPY long and closed it +9.9 and +3.6
Attached Image(s) (click to enlarge)
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Respect and Honor !
  • #1,868
  • Oct 5, 2011 7:38am Oct 5, 2011 7:38am
I was just about to ask about that Klaxon....I saw the same set up and seem to remember that PD said he does not pay attention to news, only the sytem signals. I choose to stay out and traded the after the news on EU from midband south to bottom band. Took 8.3 out of it. Had nothing to do with this method though. Probably best to discipline myself to the rules. possible SBT on EU now?
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #1,869
  • Oct 5, 2011 7:46am Oct 5, 2011 7:46am
Quoting capstone
I saw the same set up and seem to remember that PD said he does not pay attention to news, only the sytem signals.
Yeah this is exactly why i decided to give it a try

hapipipin
Respect and Honor !
  • #1,870
  • Oct 5, 2011 7:53am Oct 5, 2011 7:53am
Klax, do u trade London or do you start at the NY open? I am in EST and have been waking up for London, but do not know how long that will last.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #1,871
  • Oct 5, 2011 7:59am Oct 5, 2011 7:59am
Quoting capstone
I was just about to ask about that Klaxon....I saw the same set up and seem to remember that PD said he does not pay attention to news, only the sytem signals. I choose to stay out and traded the after the news on EU from midband south to bottom band. Took 8.3 out of it. Had nothing to do with this method though. Probably best to discipline myself to the rules. possible SBT on EU now?
Hello, i think that when this happens (the price has made a lower high and then a lower low) we are better to expect to take the 3rfct or DB, i would like to know P.Dean point of view though.

Best regards!
  • #1,872
  • Oct 5, 2011 8:18am Oct 5, 2011 8:18am
Quoting capstone
Klax, do u trade London or do you start at the NY open? I am in EST and have been waking up for London, but do not know how long that will last.
when i began to trade this strategy i was there at around 2hrs est time trough london close, but it s really hard and i was too tired with a real job on the side, but now i m more there after the last news release around 5 hrs est most of the time till 11:30 est time
Respect and Honor !
  • #1,873
  • Oct 5, 2011 8:24am Oct 5, 2011 8:24am
Hi everyone.. good activity folks its nice..
i had some earns to run today, so sorry for my absent ...

short on cad live with sbt..
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  • #1,874
  • Oct 5, 2011 9:08am Oct 5, 2011 9:08am
it hit my tp for +18... i beard with this one for more than enough.. it paid off though..
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  • #1,875
  • Oct 5, 2011 4:10pm Oct 5, 2011 4:10pm
Quoting P.Dean
it hit my tp for +18... i beard with this one for more than enough.. it paid off though..
Hey Dean !
Why was that setup as sbt ? I see that Pa is more neutral, so it could be a nbt for me or I`m missing some details bro ?
Hope you will post some explanation tomorrow that we repeat some lessons from you.

Cheers
  • #1,876
  • Oct 5, 2011 6:07pm Oct 5, 2011 6:07pm
what's happened to Tokyo Drifter?
The best indicator is price.
  • #1,877
  • Oct 6, 2011 12:46am Oct 6, 2011 12:46am
Quoting scfx
what's happened to Tokyo Drifter?
Hi Scfx,

I'm still here. I have been reluctant to post trades since my entry's are not exactly kosher to the rules and this might be confusing to some of the new traders just getting a feel for the system. Anywise, I am still on my 20pips a day diet on my live account then its fire away on the demo for the rest of sessions or until I pass out. lol
  • #1,878
  • Oct 6, 2011 2:16am Oct 6, 2011 2:16am
Quoting LuisPrinc
Hey Dean !
Why was that setup as sbt ? I see that Pa is more neutral, so it could be a nbt for me or I`m missing some details bro ?
Hope you will post some explanation tomorrow that we repeat some lessons from you.

Cheers
hi Luis,
this band is not super striking, but it is striking due to the last 60 pips drop out side of the band to followed with a slow retrace up to the upper band... if you look hard you will see that your band is either striking bearish or favorable bearish looking, so it fall under sbt..
anyhow one looks at it.. it is a bearish signal.
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  • #1,879
  • Oct 6, 2011 3:28am Oct 6, 2011 3:28am
Sudden volcano eruption for eu strong.. strange things will happen today prior to MPC clown statement.. lol..

nothing for nothing we got a direction now at hand.. so eyes set on sbt/smbt for now..

let's roll..
  • #1,880
  • Oct 6, 2011 3:31am Oct 6, 2011 3:31am
Quoting P.Dean
Sudden volcano eruption for eu strong.. strange things will happen today prior to MPC clown statement.. lol..

nothing for nothing we got a direction now at hand.. so eyes set on sbt/smbt for now..

let's roll..
I m pretty quiet in the bush Bro and so ready to ambush, just in case

hapipipin
Respect and Honor !
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