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  • #572,961
  • Dec 10, 2011 7:49pm Dec 10, 2011 7:49pm
Tom, this is all I do.

I trade the range, so go short between H1 and H2 ( same as L1 and L2 but above ), but only under the 1300ema in this case ( deleted 540lwma to make it easier to see ), but only with the trend so shorts only under the 1300ema preferably near the 1300ema.


Where I've circles are the entry points, being around at the right time is the tricky part, I do set orders to get in.

50SL on the first position, 2nd position I set a order for immediately at -25 same SL, so max loss 75 pips.

I don't hold for 3 or even 10 pips, i'm after 30 as a min really, i've had 80's recently, with both positions filled thats over twice my SL hit

Notice the 1300ema range, I don't do anything accurately, trying for accuracy just costs you so I keep everything vague and it works.

KEEP IT SIMPLE!!

M15 template is there, go try it on some pairs M15 only, some pairs need slightly different setting, you'll notice very losers

I trade 10 markets with it, to find setups there are few setups though so got to milk them when they happen, ie not 3 pips.
Attached Image (click to enlarge)
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Attached File(s)
File Type: tpl m15 setup.tpl   6 KB | 356 downloads
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #572,962
  • Dec 10, 2011 7:59pm Dec 10, 2011 7:59pm
Quoting JeremyWS
http://www.zerohedge.com/news/swiss-...epare-euro-end

It's coming. Did enjoy the EUR whilst it lasted. No I joke but Sentiment is seemingly down, while I don't feel this is gonna destroy the euro its gonna send us into 10 years of stagnant growth and EUR down, Stocks flat, bonds up and USD up. my opinion anyway.

http://www.dukascopy.com/fxcomm/fx-a...ing-How&id=404
I would like, but nothing will happen.
Thats only hot air to approve the must be 'new cuts' that will follow soon.
Term economic democracy. I think we will hear that often from now..
How to opt out annoying user signatures ??
  • #572,963
  • Dec 10, 2011 8:11pm Dec 10, 2011 8:11pm
its funny looking at the chart you wouldnt think of a crisis. Goes to show the inexplicable actions of vultures that only care to steal from retailers. When it goes down it will go down hard 5000 pips in a few days and only after a few thousand pip rise to get out shorts. You wont catch thr big fall its better to only play intraday with a bullish bias because of retailer negativity
  • #572,964
  • Edited 9:59pm Dec 10, 2011 9:02pm | Edited 9:59pm
FF have special thread for anger management , any one have problems please use following link

http://www.forexfactory.com/showthre...91088&posted=1
Mohan
  • #572,965
  • Edited Dec 11, 2011 12:21am Dec 10, 2011 10:54pm | Edited Dec 11, 2011 12:21am
Quoting Turveyd
Tom, this is all I do.

I trade the range, so go short between H1 and H2 ( same as L1 and L2 but above ), but only under the 1300ema in this case ( deleted 540lwma to make it easier to see ), but only with the trend so shorts only under the 1300ema preferably near the 1300ema.


Where I've circles are the entry points, being around at the right time is the tricky part, I do set orders to get in.

50SL on the first position, 2nd position I set a order for immediately at -25 same SL, so max loss 75 pips.

I don't hold for 3 or even 10 pips,...
TurveyD,

If i were to teach one single style of technical trading I would probably teach something not too dissimilar from this. I would focus on trend recognitions and teach how to trade the pullbacks. Statistically it is the best trade. Trends usually continue or they go sideways in a range. Either way you make money.

But how can you conclude that because your system works that everything else is BS? All these other things -- higher TFs, candlesticks, candlestick patterns, key S/R, Fundamentals, market psychology, -- are all very useful in identifying what I think of as the holy grail of trend trading... the trend reversal.

Further, the ability to precision trade with quality entries allows you to assume much lower risk which in turn allows you to use much large position size. The name of the game is making money and money is a direct function of position size.
Kill the ego, or it will kill the mission.
  • #572,966
  • Edited 4:53am Dec 11, 2011 12:08am | Edited 4:53am


New week ahead and a new update, enjoy the weekend!
  • #572,967
  • Dec 11, 2011 12:24am Dec 11, 2011 12:24am
Learn to dance with the candles.

mla

Inserted Video
"The Heart is the hub of all dances; go there and chill out"
  • #572,968
  • Dec 11, 2011 12:47am Dec 11, 2011 12:47am
This is not a bull or bear candle, but just I beautiful horse one:

Inserted Video


mla
"The Heart is the hub of all dances; go there and chill out"
  • #572,969
  • Edited 2:47am Dec 11, 2011 2:14am | Edited 2:47am
open one old chart to see this , handle with care specially any long , 3440,61 or even + 3500 no problem any .wait for the next breakdown , seeing live qotes 3389 , ok , if can able do gap up to get great momentum down next /immediately !!possible from audusd if works now .

kill the cat first night 3256 to rethink & consider the partner later .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #572,970
  • Dec 11, 2011 2:53am Dec 11, 2011 2:53am
Quoting mla
Learn to dance with the candles.

mla

http://www.youtube.com/watch?v=ejYI6...layer_embedded

Uuups ... sorry ... but I hope you think as well - that's not artwork ...

Such kind of events ... has been originally invented in BERLIN more than 25 or 30 years ago ... and ony the first or second event or maximum three of them events did only halfway convince the refined taste (in art events matters) of the real original residents of Berlin ...

Afterwards all these following events has been nearly dead (from cultural aspect!) although they shurely have been seen a growin phase (as there was events with more than 1.5 million so-called dancing "candles" (without any shining inner light!) when they have been contrived furthermore ... caused by all those millions of really dull and dumb participiants and groups of mediocre youth parties without any hope and perspective.

But they came nearly all from the stinky DIASPORA (from the "dumb all over" backwoods towns like Bochum, Celle, Deppendorf, Frankfurt, Fulda, Gelsenkirchen, Hannover, Oberhausen, Osnabrück, Pittsburg, Stuttgart, Wanne-Eickel and so on ... just in order to name some of the dullest and dumbest ones) ...

Nowadays it is luckily nearly totally overdone and out. In Berlin it is not considered as being attractive anymore at least since more than 10 years. And nowadays they has been banned to organize their dumb events in their beloved backwoods destinations or places of their dullness origin ...

In the meantime even some small towns in the Alps do contrive such things. But they have nothing to say ... no inner light ... no beauty ... nothing.

And they do attract simply crowds and some masses things ... which try to celebrate themselfes. Unfortunately they cannot inspire much real enthusiasm ... neither they do convince nor they can send out subtile esprit or cleverness or witticism. Even they are even not really sexy therefore. I want to say ... they try and they try and they try ... but they cannot even unfold no sex appeal ... because simply they are simply too dead ! !

Da gab es einst einen Titel: "Wenn die Sonne der Kultur niedrig steht, dann werfen sogar Zwerge lange Schatten."

Cannot translate that ... because it is "ein Wortspiel" ... but I will try ...

At sunset or dawn and decline of a culture - even dwarfs can cast some longer shadows.




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #572,971
  • Edited 5:22am Dec 11, 2011 3:25am | Edited 5:22am
Quoting mercy seat
Uuups ... sorry ... but I hope you think as well - that's not artwork ...

Such kind of events ... has been originally invented in BERLIN more than 25 or 30 years ago ... and ony the first or second event or maximum three of them events did only halfway convince the refined taste (in art events matters) of the real original residents of Berlin ...

Afterwards all these following events has been nearly dead (from cultural aspect!) although they shurely have been seen a growin phase (as there was events with more than 1.5 million...
Hi Mercy

Are you referring to the dance movement? I think you are.
I am not sure what the social contribution did that movement have. But in 1986 when I arrived in London from Milan, that movement had just started, the masses were not involved, so when we were moving from one club to another, you could see which minority were on the same waves (helped by specifics substances). I tell you, I had so much fun, there were beautiful people that I was mixing with, and most importantly gorgeous women. Did not last long for me, maybe a couple of years, the body and the mind were telling me that I could not go on for long at that speed. So I stepped out, it took a bit of time, but I did. Now when I look back I look at those years with a bit of nostalgia, but I would not do it again.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #572,972
  • Dec 11, 2011 3:50am Dec 11, 2011 3:50am
Quoting mla
Hi Mercy

Are you referring to the dance movement? I think you are.
I am not sure what the social contribution did that movement have. But in 1986 when I arrived in London from Milan, that movement had just started, the mass was not involved, so when we were moving from one club to another, you could see which minority were on the same waves (helped by specifics substances). I tell you, I had so much fun, there were beautiful people that I was mixing with, and most importantly gorgeous women. Did not last long for me, maybe a couple of years, the...
Okay ... the way you say that ... I can accept that!

Are your origins from MILANO ?

One of the rare cities of "Haute Couture" ?



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #572,973
  • Dec 11, 2011 4:01am Dec 11, 2011 4:01am
Quoting mla
In my humble view this story is very much relevant to trading:

Swimology

Author Unknown

Once a young professor was making a sea voyage. He was a highly educated man with a long tail of letters after his name, but he had little experience of life. In the crew of the ship on which he was travelling was an illiterate old sailor. Every evening, the sailor would visit the cabin of the young professor to listen to him lecture on many different subjects. He was very impressed with the learning of the young man.

One evening as the sailor was about...
Nichtsdestoweniger ... your little anecdote and metaphore with that "Swimology" that was a pleasure to me ...




;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #572,974
  • Edited 5:24am Dec 11, 2011 4:20am | Edited 5:24am
Quoting mercy seat
Okay ... the way you say that ... I can accept that!

Are your origins from MILANO ?

One of the rare cities of "Haute Couture" ?



;-|
Hi Mercy

No I am from southern Italy (Cosa Nostra, Lol), but lived in Firenze e Milano.

I am glad you like the swimology story, I find it very much relevant to trading.

I had a look at a few of your charts, I did not understand much about them, but in the next one I will spend more time on it and if I do not get something I will ask you to articulate if you wish.

Your Mate
mla
"The Heart is the hub of all dances; go there and chill out"
  • #572,975
  • Dec 11, 2011 4:21am Dec 11, 2011 4:21am
Aaron,

That working well doesnt automatically make those other things bs thats ridiculous.

Ive tried to use those other things for years ive tested them all scientifically via stats found nothing in them.

There traps to give you false hope and take your money.

Indicators where invented by people not to use themselves but to sell.

The entire system is setup to take retails money dis information they started to do so which retail teach each other these days cause they are none the wiser.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #572,976
  • Dec 11, 2011 4:27am Dec 11, 2011 4:27am
Keep it simple, I'm quite sure that if we open without a GAP, it is really safe to open just a trade both long and short for lets say a target of 25 pip each.
They will both end in profit.

Happy trading for the coming week,
New voice message: Why are you calling me? If I need you, I'll call you!
  • #572,977
  • Dec 11, 2011 4:47am Dec 11, 2011 4:47am
Nearer xmas expect even slower than monday last week then when it moves lower volume so more sporadic.

But we shall see i guess.

Not that i can trade monday at all.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #572,978
  • Dec 11, 2011 5:00am Dec 11, 2011 5:00am
Quoting Turveyd
Aaron,

That working well doesnt automatically make those other things bs thats ridiculous.

Ive tried to use those other things for years ive tested them all scientifically via stats found nothing in them.
.
LOL

Well I will give you points for consistency. But if you want ridiculous it is your idea that you have "proved" anything "scientifically" with "stats". Anybody that knows anything about the scientific process as well as statistics knows that you cant have proved anything other than your own incompetence. I can also "prove" "scientifically" with "stats" that it is impossible to play the violin.

I have made my point a couple times which is enough for me. You are much like a religious dogmatist insisting in the one true god.

Anyway, good luck trading your system.
Kill the ego, or it will kill the mission.
  • #572,979
  • Dec 11, 2011 5:35am Dec 11, 2011 5:35am
Quoting AaronWard
LOL

Well I will give you points for consistency. But if you want ridiculous it is your idea that you have "proved" anything "scientifically" with "stats". Anybody that knows anything about the scientific process as well as statistics knows that you cant have proved anything other than your own incompetence. I can also "prove" "scientifically" with "stats" that it is impossible to play the violin.

I have made my point a couple times which is enough for me. You are much like a religious dogmatist insisting in the one true god....

If it worked, I'd be using it obviously I'm using the bits that do work, hey I wish more stuff worked it would make this game easier, but trying to use stuff which doesn't work is, but you think does cause you where told by other traders doesn't help with trying to make a profit here.

It's interesting how despite ZERO evidence that any of the stuff works, my testing was invalid due to my incompetance, thats called denial big time, is it not possible that someone just knows more than you about this ? I've been trading profitable and not profitably for 15years or something sad.

And I insist there are no gods, until proven otherwise that is the only logical thought.

Your money, waste it following any BS you like I tried!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #572,980
  • Dec 11, 2011 5:47am Dec 11, 2011 5:47am
Quoting Turveyd
If it worked, I'd be using it obviously I'm using the bits that do work, hey I wish more stuff worked it would make this game easier, but trying to use stuff which doesn't work is, but you think does cause you where told by other traders doesn't help with trying to make a profit here.

It's interesting how despite ZERO evidence that any of the stuff works, my testing was invalid due to my incompetance, thats called denial big time, is it not possible that someone just knows more than you about this ? I've been trading profitable and not profitably...
turveyd

Cheers. I am sure you are well intentioned. I also know what you do works.
Kill the ego, or it will kill the mission.
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