DislikedDr Zulu
These two mirror each other a lot don't they. My concerns are that E/U needs to break the 60MA before the next (entry) candle and both pairs have very flat TDI crosses at the moment which is far from ideal? What do you think?Ignored
- #5,902
- Mar 1, 2012 12:24pm Mar 1, 2012 12:24pm
- | Commercial User | Joined Aug 2011 | 2,409 Posts
X-man the legendary conqueror of markets
Two nice EU M15 trades this morning on crosses of the TDI for a total of 63 pips....Also picked up 75 more on the EJ M15....
The lines on my chart are something I am testing right now and are not a part of this trading system. I won't answer questions on them right now.
The 2nd vertical line is in the wrong place...it should be over the entry candle of the 2nd trade.
Tell me, on your second trade why did you not exit on the second bar upwards against your trade?
- #5,909
- Mar 1, 2012 6:38pm Mar 1, 2012 6:38pm
- Joined Jul 2011 | Status: Gold Again | 10,560 Posts
Just closed the cable trade for a small profit - had it been up a lot more I would have held overnight but I would rather take what is there rather than put a stop at b/e and be rewarded with b/e.
It takes a lot for me to IGNORE you, but you can try.
- #5,910
- Mar 1, 2012 6:51pm Mar 1, 2012 6:51pm
- Joined Nov 2008 | Status: Trader | 50,190 Posts
You know we are going to 1.600 now?
I feel so too.
Good to know we are in same flight with you.
Where are you sitting Erebus?
Cloudy day and some rain today in Sydney.
Have a good weekend anycase.
Cheers mate!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #5,911
- Mar 1, 2012 6:58pm Mar 1, 2012 6:58pm
- Joined Nov 2008 | Status: Trader | 50,190 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #5,913
- Edited 9:55pm Mar 1, 2012 9:44pm | Edited 9:55pm
- Joined Nov 2008 | Status: Trader | 50,190 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #5,914
- Mar 1, 2012 9:54pm Mar 1, 2012 9:54pm
- Joined Nov 2008 | Status: Trader | 50,190 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #5,918
- Mar 2, 2012 12:05am Mar 2, 2012 12:05am
Two nice EU M15 trades this morning on crosses of the TDI for a total of 63 pips....Also picked up 75 more on the EJ M15....
The lines on my chart are something I am testing right now and are not a part of this trading system. I won't answer questions on them right now.
The 2nd vertical line is in the wrong place...it should be over the entry candle of the 2nd trade.
Well done
- #5,919
- Mar 2, 2012 12:28am Mar 2, 2012 12:28am
- | Commercial User | Joined Aug 2011 | 2,409 Posts
Goodmorning Guys
Its the weekend.
Yesterday there was a webinar on wealth creation investing
There were some valuable traders there like dean malone , raghee horner , Ross.
I sat in that webinar and wanted just to see how those traders go about trading and what train of thought they have.
They each have their own kind of trading style but they all have something in common which is CONSISTENCY .
They always stick to their trading system and trade it with their trade plan.
Those guys have years of experience and i only have about 6months of experience in this market and was very very surprized to know that my thought level was right up there with the pros. Ofcourse i dont have the years of experience but The point i am drivng here is that within this 6 months i have put in lots of effort in learning the right information and never just been a trader that just became an indicator crazy person. Learning the right information in trading is very very critical. Then afte rthat you have to put in that hard work to really master your system and keep striving for success and it should be something you enjoy. For the past 6months i spent almost 8 to 10 hours at my screen developing myself in the best trader that i can be. I dont even feel like its a burden to me because i love trading , I truely do. when i wake up i think about trading , when i go to sleep i think about trading , when im watching a movie i think about doing trading. Trading is my passion. Theres few people i know personally that went to university with me that wants to start trading so i told them ok study this and that for me today and when you done we will take it from there. 3 months have passed and my friend still didnt even finish babypip.com but still keeps asking me when he can go live. My friend didnt even load a platform to start demoing yet. So what you think i should say to that? The only reason he wants to trade is for the money but how are you going to make the money if you dont have the passion for something and dont make the effort. I wont lie that when people hear about the earning potential then anyone will get carried away. I got carried away the first time i heard about the money involved but then from there i took the next step ( of learning the forex world) and the next 1 ( of learning how to trade) and the next one ( of learning a profitable system ) and the next one ( of mastering the system) and the next one ( of been consistent). All of us are not failures we just stuck at a point. To move we have to take that step. My friend is only stuck at the first step abut dreaming of earning all that money. So we have to ask ourselves at which step are we stuck on? Are we going to take that next step to become profitable traders? Or are we just going to wait on that step hoping for something to happen? How long are we going to hope for? whereas we can get off our butts and make it happen for us.
We sometimes look at the pros trade and think they are just too good and we can never be like that but guess what they started just like everyone else but what made them successful? it was the effort they made and the passion they have for trading.
Remember few posts back i just told zulu that he should use the most common chart analysis because we want to know what the entire world is looking at and if you use complex methods then there will be hardly anyone looking at that and the one that is most looked at will be the successful one because orders move the market so the more orders in one direction the more strength there will be.
So yesterday the traders stressed on that point as well.
SIMPLICITY is the key
ALL the pro traders trade with simple clean chart and will never have an indicator over load.
If theres too many indis then you wont be able to see price action at all.
PA must be visible and clear at all times.
Did anyone here sit in that webinar yesterday?
Happy hunting guys
Enjoy the weekend and think about what i had to say in this post.
Its the weekend.
Yesterday there was a webinar on wealth creation investing
There were some valuable traders there like dean malone , raghee horner , Ross.
I sat in that webinar and wanted just to see how those traders go about trading and what train of thought they have.
They each have their own kind of trading style but they all have something in common which is CONSISTENCY .
They always stick to their trading system and trade it with their trade plan.
Those guys have years of experience and i only have about 6months of experience in this market and was very very surprized to know that my thought level was right up there with the pros. Ofcourse i dont have the years of experience but The point i am drivng here is that within this 6 months i have put in lots of effort in learning the right information and never just been a trader that just became an indicator crazy person. Learning the right information in trading is very very critical. Then afte rthat you have to put in that hard work to really master your system and keep striving for success and it should be something you enjoy. For the past 6months i spent almost 8 to 10 hours at my screen developing myself in the best trader that i can be. I dont even feel like its a burden to me because i love trading , I truely do. when i wake up i think about trading , when i go to sleep i think about trading , when im watching a movie i think about doing trading. Trading is my passion. Theres few people i know personally that went to university with me that wants to start trading so i told them ok study this and that for me today and when you done we will take it from there. 3 months have passed and my friend still didnt even finish babypip.com but still keeps asking me when he can go live. My friend didnt even load a platform to start demoing yet. So what you think i should say to that? The only reason he wants to trade is for the money but how are you going to make the money if you dont have the passion for something and dont make the effort. I wont lie that when people hear about the earning potential then anyone will get carried away. I got carried away the first time i heard about the money involved but then from there i took the next step ( of learning the forex world) and the next 1 ( of learning how to trade) and the next one ( of learning a profitable system ) and the next one ( of mastering the system) and the next one ( of been consistent). All of us are not failures we just stuck at a point. To move we have to take that step. My friend is only stuck at the first step abut dreaming of earning all that money. So we have to ask ourselves at which step are we stuck on? Are we going to take that next step to become profitable traders? Or are we just going to wait on that step hoping for something to happen? How long are we going to hope for? whereas we can get off our butts and make it happen for us.
We sometimes look at the pros trade and think they are just too good and we can never be like that but guess what they started just like everyone else but what made them successful? it was the effort they made and the passion they have for trading.
Remember few posts back i just told zulu that he should use the most common chart analysis because we want to know what the entire world is looking at and if you use complex methods then there will be hardly anyone looking at that and the one that is most looked at will be the successful one because orders move the market so the more orders in one direction the more strength there will be.
So yesterday the traders stressed on that point as well.
SIMPLICITY is the key
ALL the pro traders trade with simple clean chart and will never have an indicator over load.
If theres too many indis then you wont be able to see price action at all.
PA must be visible and clear at all times.
Did anyone here sit in that webinar yesterday?
Happy hunting guys
Enjoy the weekend and think about what i had to say in this post.
X-man the legendary conqueror of markets
- #5,920
- Mar 2, 2012 1:15am Mar 2, 2012 1:15am
Welll said X. 
Goodmorning Guys
Its the weekend.
Yesterday there was a webinar on wealth creation investing
There were some valuable traders there like dean malone , raghee horner , Ross.
I sat in that webinar and wanted just to see how those traders go about trading and what train of thought they have.
[size=3][color=blue]They each have their own kind of trading style but...