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Daily Chart w/ 10sma

  • #221
  • Jan 23, 2012 1:34pm Jan 23, 2012 1:34pm
Definitely, great thread BKG
  • #222
  • Jan 23, 2012 1:45pm Jan 23, 2012 1:45pm
Quoting Jer21
This style of trading really takes out the noise that 99.9% of traders in this forum is trying to make a buck on.
Thanks. I have been trading for over ten years and finally realized there is a lot of noise out there. If you can not be successful trading this way you probably will not make it trading. Although this works for me it still may not work for everone, we all see things different. I promised myself once I found something that worked for me I would share it and never ask anyone to pay me a dime.

Keep one thing in mind, if someone is trying to sell you a system for trading they are probably not very successful trading. If they were successful trading they could make all the money they want and not have to sell their system, just my two cents worth.
Please ask questions and share your experiences with us all!
  • #223
  • Jan 23, 2012 3:01pm Jan 23, 2012 3:01pm
I totally agree!!
I also followed your previous thread, and I'm learning a lot from you. Thanks for sharing your system.

Greg.
  • #224
  • Jan 23, 2012 3:32pm Jan 23, 2012 3:32pm
BKG, what / how many pairs are you watching at any one time?

Jon
  • #225
  • Jan 23, 2012 4:07pm Jan 23, 2012 4:07pm
bkg congratulations ..I just read the whole thread... grand strategy, simple and fruitful
  • #226
  • Jan 23, 2012 6:34pm Jan 23, 2012 6:34pm
Quoting jmpforex
BKG, what / how many pairs are you watching at any one time?

Jon
Usually around 20. Put I only trade the ones that look good at a particular time.
Please ask questions and share your experiences with us all!
  • #227
  • Jan 23, 2012 6:35pm Jan 23, 2012 6:35pm
Quoting porfirio
bkg congratulations ..I just read the whole thread... grand strategy, simple and fruitful
Thank you, enjoy and make money!!
Please ask questions and share your experiences with us all!
  • #228
  • Jan 24, 2012 5:37am Jan 24, 2012 5:37am
Quoting bkg102665
LONG!!
aud/nzd trade not looking so sweet right now!!
Please ask questions and share your experiences with us all!
  • #229
  • Jan 24, 2012 6:07am Jan 24, 2012 6:07am
Potential Long on GBP/AUD.
  • #230
  • Jan 24, 2012 6:10am Jan 24, 2012 6:10am
Quoting Jer21
Potential Long on GBP/AUD.
Looks interesting, but GBPAUD is in a major long term downtrend. Not sure on the R/R on that one...
  • #231
  • Jan 24, 2012 7:36am Jan 24, 2012 7:36am
Quoting bkg102665
aud/nzd trade not looking so sweet right now!!
Yes mate. It does look a bit scary. Where are you placing your stop?

I am in there with you.

DD
  • #232
  • Jan 24, 2012 1:19pm Jan 24, 2012 1:19pm
seemed like a good entry in principle, but if you look at the last two candles MN1 (January and February) would have leaked this entry

put the sl 1.2855 to see if you're lucky
  • #233
  • Jan 24, 2012 1:39pm Jan 24, 2012 1:39pm
Sorry... december and january
  • #234
  • Jan 25, 2012 1:56am Jan 25, 2012 1:56am
GBP-NZD... BUY
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  • #235
  • Jan 25, 2012 2:40am Jan 25, 2012 2:40am
Quoting porfirio
GBP-NZD... BUY
This is a aggressive entry, I would usually wait for the first fractal to be broken on the 4hr before entering.
  • #236
  • Jan 25, 2012 2:45am Jan 25, 2012 2:45am
of course jer ... This is a very personal

you prefer breaking of fractal h4 ... I prefer reading the candles w1

saludos friend.
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  • #237
  • Jan 25, 2012 6:29am Jan 25, 2012 6:29am
Quoting porfirio
of course jer ... This is a very personal

you prefer breaking of fractal h4 ... I prefer reading the candles w1

saludos friend.
I was just wondering where you would enter.

Most of the time I would wait for the fractal to be broken. But if price is making lower/lows and I would enter @ 61.8
Attached Image (click to enlarge)
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  • #238
  • Jan 25, 2012 6:52am Jan 25, 2012 6:52am
Good entry JER

the fibo is a good tool to enter the retracment

saludos!
  • #239
  • Jan 25, 2012 9:56am Jan 25, 2012 9:56am
Quoting porfirio
Good entry JER

the fibo is a good tool to enter the retracment

saludos!
It sure is.

Hey bkg102665,

Sorry for just posting up charts without asking hope thats ok. I'm curious how many trades do you put on per week? or in a monthly basis?
  • #240
  • Jan 26, 2012 8:48am Jan 26, 2012 8:48am
Quoting bkg102665

I promised myself once I found something that worked for me I would share it and never ask anyone to pay me a dime.

Keep one thing in mind, if someone is trying to sell you a system for trading they are probably not very successful trading. If they were successful trading they could make all the money they want and not have to sell their system, just my two cents worth.
thanks for your kindness to share your trading method

can't disagree on the last portion.

cheers
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