Spider's Den | Page 520 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: Spider's Den
Exit Attachments

Spider's Den

  • #10,381
  • Jan 31, 2012 6:35am Jan 31, 2012 6:35am
Quoting Pandamonium
about what I said
"all my trades reach tp" its because I trade the retracement looking for 38,2% of fibo.

It always retrace, doesn't matter the situation. Intervention, tsunami, big trend, whatever, it always retrace. All you have to do to avoid big drawdown is NOT JOIN TOO SOON!
because if you do, you will get 10 pips tp risking 250.

and small lots (i use 0.1 or 0.2 for each 10k)
i can mange drawdown as well. but ... again its so much hassle for me and i want trading to be relaxed. i was at -120 wiht a trade. well i pretended it wasnt there and scalped my way to at least like +100 and when the scalps were done - the dd moved lower to -99 and i closed for +1.

true story - no lies. it was a hell of a day.
not gonna do taht again LOL..


yeah u gotta time it right of course. i am a time trader - and yet i cant wait for soem bars to close before entering a traed LOL.

thanks again Panda
Have I got something on my face, SOLDIER?
  • #10,382
  • Jan 31, 2012 6:36am Jan 31, 2012 6:36am
Quoting bumapatria
i think hedging to mitiigate risk is a good idea.. but u really need an unbiased mindset for that properly and be able to think for both ways of the trade.

what i see that you have "an escape plan" panda and i think tahts a great idea to implement. a swing trade can go dangerously against you and ill come up with some possible ideas to minimize the risk. there are many ideas and hedging is only one of them.
great traders can really hedge their way out. only done so once. that was back when my mind was fine - now im in a reset process for...

welcome
I'm indeed a talking panda. How are you?
  • #10,383
  • Jan 31, 2012 6:38am Jan 31, 2012 6:38am
okay 50% reached stop moved to +10.

(chart not updated for +10 stop)

NEWS: euro pact might be good for sovereigngs but not for Euro.

daily range still viable for +74 pisp down and +123 pips up.



a good short would be a retest of the broken support/demand zone
Attached Image (click to enlarge)
Click to Enlarge Name: price is blowing fast.gif Size: 32 KB
Have I got something on my face, SOLDIER?
  • #10,384
  • Jan 31, 2012 6:38am Jan 31, 2012 6:38am
Quoting T@rantula
We might see a sell off soon.

Counter-trend trade:

E:3182
S:3210
TP:3120
Closed completely 3146. We may see 3120 but the reason Im closing it now is another +36 that makes 77+44+36= 157 in 2 days. Very good profits wont risk it.

3120 is possible nevertheless.
  • #10,385
  • Jan 31, 2012 6:40am Jan 31, 2012 6:40am
Quoting bumapatria
okay 50% reached stop moved to +10.

(chart not updated for +10 stop)

NEWS: euro pact might be good for sovereigngs but not for Euro.

daily range still viable for +74 pisp down and +123 pips up.



a good short would be a retest of the broken support/demand zone
Well done. Safe !
  • #10,386
  • Jan 31, 2012 6:45am Jan 31, 2012 6:45am
Quoting T@rantula
Closed completely 3146. We may see 3120 but the reason Im closing it now is another +36 that makes 77+44+36= 157 in 2 days. Very good profits wont risk it.

3120 is possible nevertheless.
Nice trade buddy. I must admit I was thoroughly against your trade when you first entered. But you were right on the money...again. Keep it up T
  • #10,387
  • Jan 31, 2012 6:51am Jan 31, 2012 6:51am
Well done.
Quoting T@rantula
Closed completely 3146. We may see 3120 but the reason Im closing it now is another +36 that makes 77+44+36= 157 in 2 days. Very good profits wont risk it.

3120 is possible nevertheless.
  • #10,388
  • Jan 31, 2012 6:54am Jan 31, 2012 6:54am
stop to +20.

market nearing 3100. possible stops triggering around there...

but too early i think.... thats stil 30 pips down to go...
Attached Image (click to enlarge)
Click to Enlarge Name: stops trig.gif Size: 14 KB



dow jones moves lower - but im happy i went out with +1.
Have I got something on my face, SOLDIER?
  • #10,389
  • Jan 31, 2012 7:35am Jan 31, 2012 7:35am
Ill be going now.

Targets have been met. Talk to u later Feel free to browse the thread, chat end enjoy
  • #10,390
  • Jan 31, 2012 7:51am Jan 31, 2012 7:51am
home run target hit 3100 - stops triggered

and closed for +85.

end my trading day. more than what i need is made - msut stop.

take care all



enjoy US sessioners !
Have I got something on my face, SOLDIER?
  • #10,391
  • Jan 31, 2012 8:06am Jan 31, 2012 8:06am
screw it i have really butter fingers..

faded the stops for +12.

I NEED tO STOP NOW.

STOP BUMA STOP>
close charts and just fuck away from it. i need to starting from now to stop trading.


trading isnt hard but psych is for me... i must do this on my february plan. Feb is my month for training mindset.
to really challenge myself to stop when i must.
Attached Image (click to enlarge)
Click to Enlarge Name: faded stops for 15 pips.gif Size: 15 KB
Have I got something on my face, SOLDIER?
  • #10,392
  • Jan 31, 2012 8:52am Jan 31, 2012 8:52am
Quoting bumapatria
screw it i have really butter fingers..

faded the stops for +12.

I NEED tO STOP NOW.

STOP BUMA STOP>
close charts and just fuck away from it. i need to starting from now to stop trading.


trading isnt hard but psych is for me... i must do this on my february plan. Feb is my month for training mindset.
to really challenge myself to stop when i must.
Yeah man, time to quit if you are trying to long this market. I have re-loaded at 3100. After the fact and not in the spirit of the thread I know, but I am proud of this one as I normally scalp for 5-15 and am not used to big pip wins, so this is a brag post (sorry T). Stop to BE on re-load and a little still running from 3170 after 2 profit takes (explains arrows) which I will exit manually. Lets see where this takes us...
Attached Image (click to enlarge)
Click to Enlarge Name: posfeb.JPG Size: 189 KB
  • #10,393
  • Jan 31, 2012 8:55am Jan 31, 2012 8:55am
no way im going to go long except for that minor profit taking at 3085.

thats all Agro

if u saw i was short actually.
i stoped as in i made my daily quota - i need to stop



take care man - all best to ur shorts - drive it to 2900 for me please overnight
Have I got something on my face, SOLDIER?
  • #10,394
  • Jan 31, 2012 9:02am Jan 31, 2012 9:02am
Quoting bumapatria
no way im going to go long except for that minor profit taking at 3085.

thats all Agro

if u saw i was short actually.
i stoped as in i made my daily quota - i need to stop



take care man - all best to ur shorts - drive it to 2900 for me please overnight
Yeah I saw, just used your post as an excuse to brag. Well done on the shorts bro. 2900 would be very nice All the best to you too
  • #10,395
  • Jan 31, 2012 10:31am Jan 31, 2012 10:31am
Quoting Agro
Yeah I saw, just used your post as an excuse to brag. Well done on the shorts bro. 2900 would be very nice All the best to you too
Good going!
i closed about all, big range today, and end of mo.

The blue arrows are longs ?
I'd close them on the bounce because we may go lower before higher.
  • #10,396
  • Jan 31, 2012 8:03pm Jan 31, 2012 8:03pm
Quoting prezd
Good going!
i closed about all, big range today, and end of mo.

The blue arrows are longs ?
I'd close them on the bounce because we may go lower before higher.
Cheers buddy. Blue arrows are not longs, they are partial scale outs on the short positions from 3170 before I re-loaded at 3100 after break of 3080. No longs for me in this market yet. Took more profits at 3048 last night. Only small portion running now for target of 2962.
  • #10,397
  • Jan 31, 2012 10:21pm Jan 31, 2012 10:21pm
scalpin asia
Attached Image (click to enlarge)
Click to Enlarge Name: asia scalp.gif Size: 32 KB

30 min pennant broken?
Attached Image (click to enlarge)
Click to Enlarge Name: pennant.gif Size: 26 KB


i dont like the timing on this one as it is signalling positive move... so i dont like it to go short where time says to go long.. in doubt stay out- closed for 5 pips.


a new way of trading time. usually most time traders fade the momentum after the bar close of that time period - but u can also go with the momentum on that bar - but its more risky...


ADD: price did move down nicely - but on lower tf it seems risky on my end to go short there. or not lol.. .
Have I got something on my face, SOLDIER?
  • #10,398
  • Jan 31, 2012 10:36pm Jan 31, 2012 10:36pm
euro 4 hr.. below week ad day
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 16 KB
  • #10,399
  • Jan 31, 2012 10:39pm Jan 31, 2012 10:39pm
Cable heading twards weekly??
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 14 KB
  • #10,400
  • Jan 31, 2012 11:20pm Jan 31, 2012 11:20pm
fading the stops and TP orders target supply/ base around 3050
Attached Image (click to enlarge)
Click to Enlarge Name: fading the stops.gif Size: 12 KB
Have I got something on my face, SOLDIER?
2 traders viewing now