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Price Trap Eur/Usd 1 MIN

  • #561
  • Oct 7, 2011 7:13am Oct 7, 2011 7:13am
Quoting Pat Chiko
Anothre Tet book Entry GU on NFP. SL 20 pipis, TP 40 pips
Pat chiko careful with the design. Not everything is a trap.

Leave u the correction:
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  • #562
  • Oct 7, 2011 7:29am Oct 7, 2011 7:29am
Trap 5: Looser.
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  • #563
  • Oct 7, 2011 8:25am Oct 7, 2011 8:25am
Quoting phneutral
Pat chiko careful with the design. Not everything is a trap.

Leave u the correction:
Hope you can help to rectify ?

TQ
Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #564
  • Oct 7, 2011 8:48am Oct 7, 2011 8:48am
Trap 6: Looser
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  • #565
  • Oct 7, 2011 8:56am Oct 7, 2011 8:56am
Quoting Pat Chiko
Hope you can help to rectify ?

TQ
Its ok, but was a looser too.
  • #566
  • Oct 7, 2011 8:57am Oct 7, 2011 8:57am
Trap 7: Looser
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  • #567
  • Oct 7, 2011 9:35am Oct 7, 2011 9:35am
Quoting Pat Chiko
Hope you can help to rectify ?

TQ
Please Pat, what are the indicators (moving average) do you use?
Thanks

vcary
  • #568
  • Oct 7, 2011 9:51am Oct 7, 2011 9:51am
Trap 8: Looser
Attached Image (click to enlarge)
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  • #569
  • Oct 7, 2011 9:52am Oct 7, 2011 9:52am
Trap 9: Big winner
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  • #570
  • Oct 7, 2011 9:56am Oct 7, 2011 9:56am
Trap 10: Didn't gave us an entry
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  • #571
  • Oct 7, 2011 10:13am Oct 7, 2011 10:13am
I'm off for the weekend.

See u guys.
  • #572
  • Oct 7, 2011 5:47pm Oct 7, 2011 5:47pm
thanks phneutral for your charts posting, for me it's a backtest and confirm after a trading day and help a lot to understand the PA.

thanks again for your work and have a wonderful weekend

cheers



Quoting phneutral
I'm off for the weekend.

See u guys.
  • #573
  • Oct 7, 2011 8:42pm Oct 7, 2011 8:42pm
Quoting punisher
thanks phneutral for your charts posting, for me it's a backtest and confirm after a trading day and help a lot to understand the PA.

thanks again for your work and have a wonderful weekend

cheers
For sure on the "thanks" to phneutral! Great charts, and a public "thank you" for sending me some 1 minute data!
  • #574
  • Oct 8, 2011 8:32am Oct 8, 2011 8:32am
Well good job Phneutral for being involved here and trading with me in Skype. This method will take sometime to get used to. To visually price first, then look at indicators later.

Last week was an example of being disciplined. Of course I never will know what the outcome of Monday night's trading considering I could not trade it. However Tuesday and on I started off with 4 straight Losers. First time ever trading this method. Probably a little hard for any first timers to dive into this live and try it and think maybe this doesn't work. However that is not why I trade it, but we finished strong with 3 straight winners. Although I did void a early trap on Friday's session, and yes it would have been a good trade. However it was my judgement call.

So what appeared to be my first losing week on this method, turned out to net 5.8% gain. Way lower then average, but I will take it. Bonus pips helped the difference out.

Hopefully next week we can have a big push. Good Job, and risk accordingly
Trade Like a Robot make money Like a Bank
  • #575
  • Oct 9, 2011 9:30am Oct 9, 2011 9:30am
Hey Raz! I have a question for you. Tomorrow is a holiday in the usa and japan, so the market will be not really volatile.. Do you want to trade tomorrow?

cheers
  • #576
  • Oct 9, 2011 8:20pm Oct 9, 2011 8:20pm
Quoting AndreyBecker
Hey Raz! I have a question for you. Tomorrow is a holiday in the usa and japan, so the market will be not really volatile.. Do you want to trade tomorrow?

cheers

I am going to take Monday off, because we have 3 holidays. USA;Japan;Canada. Although I trade the european markets, it would be a good night to take off for me. So I will be on Tuesday's session
Trade Like a Robot make money Like a Bank
  • #577
  • Oct 9, 2011 11:40pm Oct 9, 2011 11:40pm
trap

1.3488

1.3476
  • #578
  • Oct 9, 2011 11:50pm Oct 9, 2011 11:50pm
1.3476 breached.
  • #579
  • Oct 10, 2011 12:23am Oct 10, 2011 12:23am
stopped out

- 12 pips.
  • #580
  • Oct 10, 2011 12:50am Oct 10, 2011 12:50am
Trap 1: No entry by the rules.
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