heavy scalps south
- #981
- Oct 21, 2011 1:38pm Oct 21, 2011 1:38pm
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
heavy scalps south
- #982
- Oct 21, 2011 4:22pm Oct 21, 2011 4:22pm
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
keep well all
- #983
- Oct 22, 2011 7:26am Oct 22, 2011 7:26am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
.......... and the highest regards to KZ, If, emene, headbanger Orbital, Mr BBakker
all have given so much freely, the world ain't such a bad place after all with people like them
enough said
the more im encouraged
hope youre fine ....
lets trade
Jonas
Hero calls followed by margin calls...
- #984
- Oct 22, 2011 9:06am Oct 22, 2011 9:06am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
sold crude @ 88.59 manual stop around 89.00
never had enough time to post my reasoning for the entry, waited for the earliest signs of bearish tone which l posted in here and sold, accepted the loss before entry if it did't go and thats it
locked in
- #985
- Oct 22, 2011 9:09am Oct 22, 2011 9:09am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
never thought that youll come back once....
the more im encouraged
hope youre fine ....
lets trade
Jonas
hello, nice to hear from you
let it open
- #986
- Oct 22, 2011 9:37am Oct 22, 2011 9:37am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
Attachment
easier view, switch tfs until you see a clear pole if possible
this flag can still rise towards dtl
resolved bearish flag
price arrival @ demand zones, PA watch, execute buy if you recognize a bullish pattern and accept the loss before your entry if it doesn't go
RR - the newly created s/r zone would be the tg area for the buy if it develops
- #987
- Edited 10:45am Oct 22, 2011 10:33am | Edited 10:45am
- Joined Jul 2010 | Status: KIS | 1,578 Posts
great stuff RED.. for one, i still have A LOT to learn from you.. once again thank you so much for your kind sharing..
after markets close went out for drink with some friends.. carried on in the near by park after bar closed.. that's until police kicked us out.. not long ago got up.. back to biz..
some gold and silver trading from last thursday i think.. once you get the sync with markets and restrain making silly entries it's quite easy to trade..
bit of spitfire trading..
gold
silver
ps/ that fat finger retailer guy emene was in this silver sell too.. he held his trade and got almost 90% of the move.. damn.. if we were in same office i'd have kicked his azz off for not stopping me exiting too early..
after markets close went out for drink with some friends.. carried on in the near by park after bar closed.. that's until police kicked us out.. not long ago got up.. back to biz..
some gold and silver trading from last thursday i think.. once you get the sync with markets and restrain making silly entries it's quite easy to trade..
bit of spitfire trading..
gold
silver
ps/ that fat finger retailer guy emene was in this silver sell too.. he held his trade and got almost 90% of the move.. damn.. if we were in same office i'd have kicked his azz off for not stopping me exiting too early..
- #988
- Oct 22, 2011 11:26am Oct 22, 2011 11:26am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
..... yeah, we do worry about that emene sometimes KZ..............not
- #989
- Oct 22, 2011 11:38am Oct 22, 2011 11:38am
- Joined Jul 2010 | Status: KIS | 1,578 Posts
managing low probability/bad trades can be stressful.. especially if you have a small account and not good at handling the psychology stuff..
this oz entry wasn't even low probability one.. it was a bad entry.. i have assumed head n shoulder pattern forming on m5 and entered without waiting confirmation that it's h&s pattern.. it was simply maverick stupid entry.. even it was h&s pattern, they work best on top or bottom (inv h&s) not in the middle..
next thing to do was to see if it's manageable or just a loss needs cutting quickly.. well it was near decent supply levels.. so decided to manage by adding higher, that's up to until it breakes the level/s.. in this occasion it worked and i got out with profit overall..
however, it has to be said, this is a high risk trade management strategy.. needs a decent account size and ability to handle stress.. as long as i don't make idiotic entries it worked for me 95% of the time so far..
it may be violating basic advise/rule that says "never add to losing trade" but i have my own rules and they are not rigid.. adaptability is the main concept of my rules.. so there are no rule that can be applied all the time to all situations..
below gbpjpy entry wasn't silly but it was low probability one.. while i was busy with other trades it slipped.. i was willing to add higher.. these trades closed in profit overall too..
this oz entry wasn't even low probability one.. it was a bad entry.. i have assumed head n shoulder pattern forming on m5 and entered without waiting confirmation that it's h&s pattern.. it was simply maverick stupid entry.. even it was h&s pattern, they work best on top or bottom (inv h&s) not in the middle..
next thing to do was to see if it's manageable or just a loss needs cutting quickly.. well it was near decent supply levels.. so decided to manage by adding higher, that's up to until it breakes the level/s.. in this occasion it worked and i got out with profit overall..
however, it has to be said, this is a high risk trade management strategy.. needs a decent account size and ability to handle stress.. as long as i don't make idiotic entries it worked for me 95% of the time so far..
it may be violating basic advise/rule that says "never add to losing trade" but i have my own rules and they are not rigid.. adaptability is the main concept of my rules.. so there are no rule that can be applied all the time to all situations..
below gbpjpy entry wasn't silly but it was low probability one.. while i was busy with other trades it slipped.. i was willing to add higher.. these trades closed in profit overall too..
- #990
- Oct 22, 2011 12:36pm Oct 22, 2011 12:36pm
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
.......its just random
- #991
- Oct 22, 2011 2:26pm Oct 22, 2011 2:26pm
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
- #992
- Oct 22, 2011 4:09pm Oct 22, 2011 4:09pm
- Joined Jul 2010 | Status: KIS | 1,578 Posts
i have this awesome custom useless garbageX indi..
please guys don't ask.. it's not for sharing..
i may throw in some more very special indies to increase probabilities even further..
please guys don't ask.. it's not for sharing..
i may throw in some more very special indies to increase probabilities even further..
- #993
- Oct 22, 2011 4:29pm Oct 22, 2011 4:29pm
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
- #994
- Oct 22, 2011 8:30pm Oct 22, 2011 8:30pm
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
- #995
- Oct 22, 2011 8:51pm Oct 22, 2011 8:51pm
- Joined Jul 2010 | Status: KIS | 1,578 Posts
it does appear as if sellers exceed buyers @ supply
..... and buyers exceed sellers @ demand
l must be drunk again, very confusing
yep.. u must be getting bit creative there..
some sellers are using proxies.. perhaps that may be the cause of confusion
also it's worth to keep in mind that things are not always as they seem.. i mean they may be CIA and ex KGB agents for all that we know..
i asked my next door neighbor guy to stand on the line but he refused.. so some creativity needed there..................
edit:
not much fond of adding posts without charts.. so here are same trades from early friday trades..
- #996
- Oct 22, 2011 9:14pm Oct 22, 2011 9:14pm
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
- #997
- Oct 23, 2011 1:06am Oct 23, 2011 1:06am
- Joined Jul 2010 | Status: KIS | 1,578 Posts
CIA, KGB or FBI - ok, lets get this done once and for all, getting sick of this nonesense
....... and l do not wanna come down heavy on you or anyone else, but break this market down into what it is and the triggers because thats what really matter
fcuk this BS
can prices fall from any supply, any pair any tf without bearish enguilfing?
can prices rally from any demand, any pair any tf without bullish enguilfing?
more importantly, you should pay for the pizza you ordered earlier!
i'll only pay for that pizza if you explain what's bearish engulfing and bullish engulfing..
few more trades from last friday...
- #998
- Oct 23, 2011 7:40am Oct 23, 2011 7:40am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
i'll only pay for that pizza if you explain what's bearish engulfing and bullish engulfing..
few more trades from last friday...
Attachment
Attachment
Attachment
Attachment
Attachment
Attachment
Attachment
paypal the pizza
- #999
- Oct 23, 2011 7:49am Oct 23, 2011 7:49am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
i'll only pay for that pizza if you explain what's bearish engulfing and bullish engulfing..
few more trades from last friday...
Attachment
Attachment
Attachment
Attachment
Attachment
Attachment
Attachment
- #1,000
- Oct 23, 2011 3:15pm Oct 23, 2011 3:15pm
- Joined Jul 2010 | Status: KIS | 1,578 Posts
thanks for the pizza RED.. trully enjoyed..
5000 pesos on their way to you...
some gold trades from last friday
some silver trades from last friday
and couple of Tequila Sunrise
safe trading week to all.......
5000 pesos on their way to you...
some gold trades from last friday
some silver trades from last friday
and couple of Tequila Sunrise
safe trading week to all.......