Trading with Deadly Accuracy | Page 80 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Time action momentum trading 90%+ accuracy 0 replies

Acceptable Accuracy Ratio for Profitable trading 29 replies

Trading with Coinflip Accuracy!! 29 replies

historical data accuracy puzzlement. 1 reply

accuracy problems or stable market 0 replies

Attachments: Trading with Deadly Accuracy
Exit Attachments

Trading with Deadly Accuracy

  • #1,581
  • Nov 18, 2011 7:48am Nov 18, 2011 7:48am
random thoughts of a trader

dazz
Attached Image (click to enlarge)
Click to Enlarge Name: gbpcad_looooongterm.jpg Size: 371 KB
  • #1,582
  • Nov 18, 2011 7:59am Nov 18, 2011 7:59am
follow on post1, post2, post3

dazz
Attached Image (click to enlarge)
Click to Enlarge Name: swissy.jpg Size: 358 KB
  • #1,583
  • Nov 18, 2011 7:59am Nov 18, 2011 7:59am
Dazz,
nice and clean charts!! They're great..

I will only look for buy setup on audjpy as a "carry trade" cross ;-)
Here's my chart.. Im almost ready to pull the trigger..

all the best,
chriz
Attached Image (click to enlarge)
Click to Enlarge Name: audjpy.gif Size: 23 KB
  • #1,584
  • Nov 18, 2011 8:03am Nov 18, 2011 8:03am
Quoting Indiana Pips
Dazz,
nice and clean charts!! They're great..

I will only look for buy setup on audjpy as a "carry trade" cross ;-)
Here's my chart.. Im almost ready to pull the trigger..

all the best,
chriz
good luck chriz. may the pips be with you

dazz
  • #1,585
  • Nov 18, 2011 10:17am Nov 18, 2011 10:17am
Thank you so much.
As a new FX Trader these Vids will really help my Strategy's.

I have been working with a friend who has been helping me see these trends in the Market. I have been trading on a $5K Demo.

Just since yesterday I more then doubled the Demo to $12.5K.
Think I will be moving to real funds ASAP..
  • #1,586
  • Nov 18, 2011 10:36am Nov 18, 2011 10:36am
Quoting Shawninohio
Thank you so much.
As a new FX Trader these Vids will really help my Strategy's.

I have been working with a friend who has been helping me see these trends in the Market. I have been trading on a $5K Demo.

Just since yesterday I more then doubled the Demo to $12.5K.
Think I will be moving to real funds ASAP..
Donation to charity is one of the worlds best strategies when talking about the ASAP thing. Good luck though.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #1,587
  • Nov 18, 2011 10:38am Nov 18, 2011 10:38am
Quoting Mr.C
Donation to charity is one of the worlds best strategies when talking about the ASAP thing. Good luck though.
+1!
  • #1,588
  • Nov 18, 2011 12:50pm Nov 18, 2011 12:50pm
Quoting teemo
A hundred or so hours, and my first post in this great thread!

Hello my friend, now you see why WMD has been an influence on me! Good stuff!!
  • #1,589
  • Nov 18, 2011 1:29pm Nov 18, 2011 1:29pm
I follow three S/D concepts, and my favorite confluence is Horizontal & Diagonal levels. WMD does it with "Deadly Accuracy" and always had my respect.

Hope you're doing great Bro!

t



Quoting calderone
Hello my friend, now you see why WMD has been an influence on me! Good stuff!!
"As Kids we believe Anything is Possible; the Trick is to never forget it!"
  • #1,590
  • Nov 19, 2011 4:30am Nov 19, 2011 4:30am
A chart speaks a thousand words.

#1. Precise top @ the TL retest in confluence with S/R level. Boom. A jackpot right there for the clever ones.

No guts to pull the trigger at highs? Look at the next chart. Here's a channel I've posted here and elsewhere while price was still trading inside.

#2. Always enter on pullback. Same thing wmd teaches and I agree fully. So, price breaks the channel and pullbacks to the broken border in confluence with another line in the sand. Boom. Another jackpot.

So keep trading as simple as it can be and the sun will shine at the end of the tunnel one day or another,)

Best regards and enjoy your weekend everyone.

Cheers!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: crude_oil_wmd_style.jpg Size: 124 KB
Click to Enlarge Name: crude_oil_wmd_style_v2.jpg Size: 111 KB
  • #1,591
  • Nov 19, 2011 2:15pm Nov 19, 2011 2:15pm
Great post Belekas!

do you enter with limit orders at those levels ?
or do you wait-and-see if it will hold ?

CJ

Quoting belekas
A chart speaks a thousand words.

#1. Precise top @ the TL retest in confluence with S/R level. Boom. A jackpot right there for the clever ones.

No guts to pull the trigger at highs? Look at the next chart. Here's a channel I've posted here and elsewhere while price was still trading inside.

#2. Always enter on pullback. Same thing wmd teaches and I agree fully. So, price breaks the channel and pullbacks to the broken border in confluence with another line in the sand. Boom. Another jackpot.

So keep trading as simple as it can be and the sun...
  • #1,592
  • Nov 20, 2011 4:21am Nov 20, 2011 4:21am
Quoting ZeeJay
Great post Belekas!

do you enter with limit orders at those levels ?
or do you wait-and-see if it will hold ?

CJ
Thanks CJ. Such entry is on the touch basically. I do trade a different method so my original trigger is different, but that's another story. So long story short, keeping in mind it's Wills playground, is: define your bias, draw your levels, put limit orders and let the market prove you right or wrong. Low risk, high reward is the name of the game trading of key-levels. So, lets bring some pain for da brokers next week. The more of us to battle the big sharks - the better!
  • #1,593
  • Nov 20, 2011 3:46pm Nov 20, 2011 3:46pm
Quoting belekas
... keep trading as simple ...
beautiful charts

dazz
  • #1,594
  • Nov 20, 2011 5:28pm Nov 20, 2011 5:28pm
Quoting belekas
(1)define your bias, (2)draw your levels, (3)put limit orders and (3) let the market prove you right or wrong. Low risk, high reward is the name of the game trading of key-levels.
its appears you and wmd have a very similar mindset/approach. the difference being is that wmd usually watches PA on a lower time frame to confirm his entry... but the 'thinking' essentially looks the same.

your charts are a great!

dazz
  • #1,595
  • Nov 20, 2011 5:31pm Nov 20, 2011 5:31pm
dazz,
I think Belekas uses Igrok intraday templates to enter.
which is what i do as well -- unless i see a reversal candle pattern screaming 'trade me!'

CJ

Quoting dazzdude
its appears you and wmd have a very similar mindset/approach. the difference being is that wmd usually watches PA on a lower time frame to confirm his entry... but the 'thinking' essentially looks the same.

your charts are a great!

dazz
  • #1,596
  • Nov 20, 2011 5:43pm Nov 20, 2011 5:43pm
Quoting ZeeJay
dazz,
I think Belekas uses Igrok intraday templates to enter.
which is what i do as well -- unless i see a reversal candle pattern screaming 'trade me!'

CJ
I read the first 10 pages of the Igrok thread and to be frank, it was not making much sense, so I left it alone. I like Belekas' charts so I am interested. Should I get Ignok's book maybe and start there?

All advice appreciated.

dazz
  • #1,597
  • Nov 20, 2011 5:46pm Nov 20, 2011 5:46pm
Quoting dazzdude
I read the first 10 pages of the Igrok thread and to be frank, it was not making much sense, so I left it alone. I like Belekas' charts so I am interested. Should I get Ignok's book maybe and start there?

All advice appreciated.

dazz
email me or send me a private message.
  • #1,598
  • Nov 20, 2011 7:09pm Nov 20, 2011 7:09pm
Quoting ZeeJay
email me or send me a private message.
pm'd

Thx

dazz
  • #1,599
  • Nov 20, 2011 10:23pm Nov 20, 2011 10:23pm
Quoting dazzdude
Should I get Ignok's book maybe and start there? All advice appreciated. dazz
Definitely.

Sounds like you may already have it. Bet it convinces you to buy his 2nd book, due out next month.
Good Trading
  • #1,600
  • Nov 20, 2011 10:38pm Nov 20, 2011 10:38pm
Quoting aud
Definitely.

Sounds like you may already have it. Bet it convinces you to buy his 2nd book, due out next month.

Aud,
I'm looking forward to that one.
I really like that author...

The funniest thing of all : I think that was my second forex book, years ago. and still, I wandered around forums looking for magic pills and donating my cash to the market. -- only to come back to this book about 4 years later! I am a profitable trader now. no indicators needed... just one tool in my metatrader : Trendline.

and of course, this is one of the very best threads in forexfactory when it comes to trend lines, channels and S/R levels.

CJ
0 traders viewing now