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Fail Better

  • #2,061
  • Nov 18, 2011 3:30pm Nov 18, 2011 3:30pm
Quoting gdb
Long at about 76.70 maybe?
Dont want to sound like a complete a**e
But I am still surprised when a method works - must be too used to losing in the past..

Although not the biggest trade in the world - the AUDJPY had a max drawdown of 10 pips on my charts and a max profit of 76 pips..

Its heading south now..but
Not a bad return for the risk..

rgds
  • #2,062
  • Nov 18, 2011 5:52pm Nov 18, 2011 5:52pm
Quoting gdb
Dont want to sound like a complete a**e
But I am still surprised when a method works - must be too used to losing in the past..

Although not the biggest trade in the world - the AUDJPY had a max drawdown of 10 pips on my charts and a max profit of 76 pips..

Its heading south now..but
Not a bad return for the risk..

rgds
Was a nice trade that. I got out for +47 pips when it came into previous hourly support.
Follow me on twitter: @shantrades
  • #2,063
  • Nov 19, 2011 5:33am Nov 19, 2011 5:33am
EU S/R and Fib confluence

+71pips.

Thanks Tom for your seminars, etc. - they have really helped my trading!
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  • #2,064
  • Nov 19, 2011 11:24am Nov 19, 2011 11:24am
My trade.
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  • #2,065
  • Nov 19, 2011 11:58am Nov 19, 2011 11:58am
Quoting 4FXsake
EU S/R and Fib confluence

+71pips.

Thanks Tom for your seminars, etc. - they have really helped my trading!
Hi 4FXsake,
How did you get the H4, daily and weekly tf's on the right side of your chart?
Cheers,
Shane
Follow me on twitter: @shantrades
  • #2,066
  • Nov 19, 2011 6:16pm Nov 19, 2011 6:16pm
Quoting the_wizard
Hey Shanto,

I didn't take it. The original entry was at the yellow dashed line but the area boxed in red was enough to put me off taking the trade as it showed price coming near to the area and then bouncing hard twice in close succession.

I should have updated that on Twitter as it looks a bit scammy to now say I didn't take it. But as you guys know that is one of my rules as I have covered in the thread. If price bounces considerably very close to your entry and comes back again soon after, the trade has to be passed on.

I'll try and get...
Tom,

On the Crude chart you posted, would you put on a limit short order at 99.67 after you passed on the long trade? what's your take, in general, with this 'U' or 'inverse U' type of breakout?

thanks.
  • #2,067
  • Edited 7:17pm Nov 19, 2011 6:54pm | Edited 7:17pm
just thought i would post an oil chart...what I saw...and seeing
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  • #2,068
  • Nov 19, 2011 7:09pm Nov 19, 2011 7:09pm
Hey guys,

just wanted to post a potential short trade I'm watching on eurjpy at 104.90 area.
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  • #2,069
  • Nov 20, 2011 3:36am Nov 20, 2011 3:36am
Quoting shanto_w
Hi 4FXsake,
How did you get the H4, daily and weekly tf's on the right side of your chart?
Cheers,
Shane

Here you go Shane!

Just pm me if you have problems with it. Colours, timeframe and location can all be changed in the settings.
Attached File(s)
File Type: ex4 Stratman_MiniChart_v12.ex4   37 KB | 397 downloads
  • #2,070
  • Nov 20, 2011 8:36am Nov 20, 2011 8:36am
Quoting Atc
just thought i would post an oil chart...what I saw...and seeing
Hi ATC,

nice chart. Given the weekly pin bar would you consider a short at 98.42?

regards.
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  • #2,071
  • Nov 20, 2011 6:51pm Nov 20, 2011 6:51pm
Quoting 4FXsake
Here you go Shane!

Just pm me if you have problems with it. Colours, timeframe and location can all be changed in the settings.
Cheers 4FXsake,

For some reason when I use D1, W1 and MN instead of M15, H1 and H4, whenever I change timeframe the MN chart keeps changing. Any ideas how to fix this?
Follow me on twitter: @shantrades
  • #2,072
  • Nov 20, 2011 7:19pm Nov 20, 2011 7:19pm
Quoting trader_dscha
Hi ATC,

nice chart. Given the weekly pin bar would you consider a short at 98.42?

regards.
I would wait for how PA approaches the 98.75 area
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  • #2,073
  • Nov 21, 2011 4:23am Nov 21, 2011 4:23am
Quoting shanto_w
Cheers 4FXsake,

For some reason when I use D1, W1 and MN instead of M15, H1 and H4, whenever I change timeframe the MN chart keeps changing. Any ideas how to fix this?

Shane,

Go to edit Stratman, scroll down a bit and save settings as in mine or, if you want monthly put MN1 in one of the boxes. Hopefully that helps!
Attached Image
  • #2,074
  • Nov 21, 2011 4:45am Nov 21, 2011 4:45am
Quoting 4FXsake
Shane,

Go to edit Stratman, scroll down a bit and save settings as in mine or, if you want monthly put MN1 in one of the boxes. Hopefully that helps!
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For some reason there are two pin bars for the same week on the W1 chart. Any idea why this is happening?
Follow me on twitter: @shantrades
  • #2,075
  • Nov 21, 2011 6:25am Nov 21, 2011 6:25am
Quoting shanto_w
Attachment

For some reason there are two pin bars for the same week on the W1 chart. Any idea why this is happening?
Try changing W1 to MN1 and back again to see if that helps, otherwise I can't think what the problem might be although, having an SLM account myself, the data can be a bit iffy.

Good luck!
  • #2,076
  • Nov 22, 2011 10:27am Nov 22, 2011 10:27am
Quoting Atc
I would wait for how PA approaches the 98.75 area
missed reentry....h&s hit target
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  • #2,077
  • Nov 22, 2011 1:02pm Nov 22, 2011 1:02pm
Quoting Atc
missed reentry....h&s hit target
Quoting trader_dscha
Hi ATC,

nice chart. Given the weekly pin bar would you consider a short at 98.42?

regards.

shorted 98.42.
  • #2,078
  • Nov 24, 2011 8:15am Nov 24, 2011 8:15am
Hi guys

This thread seems to have gone quiet recently.....still alive?

Kalbar
  • #2,079
  • Nov 24, 2011 1:22pm Nov 24, 2011 1:22pm
Hi Tom,

Did you trade Tesco @385 after you mentioned it on twitter a while back? I was stopped out at 382.4.

Cheers,
Shanto
Follow me on twitter: @shantrades
  • #2,080
  • Nov 24, 2011 3:28pm Nov 24, 2011 3:28pm
Quoting shanto_w
Hi Tom,

Did you trade Tesco @385 after you mentioned it on twitter a while back? I was stopped out at 382.4.

Cheers,
Shanto
that was a stop of -0.68% only. even for a defensive stock like tesco this is pretty tight.
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