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All Indicators Trading system

  • #221
  • May 10, 2012 11:26am May 10, 2012 11:26am
Quoting Favorite
tafadzwa02, I don't want to be annoying, but I went to your Trade Explorer and got this data:

GBP/JPY Sell 128.536 128.836 2 hr ago 1 -7.2%
GBP/USD Sell 1.61395 1.61565 3 hr ago 1 -4.1%
GBP/USD Buy 1.61441 1.61406 9 hr ago 1 -0.8%
GBP/USD Sell 1.61446 1.61442 9 hr ago 1 -0.2%

So, first you sold GBP/USD and closed it with a little loss (-0.2%).

Then you bought GBP/USD and closed it with a little loss (-0.8%)

Then you sold it again and lost 4.1%.

I don't think you really follow your own signals, that's why you lost more than 12% in one...
I must admit , I was a bit excited and not disciplined enough , I had this opinion that the GBPUSD and GBPJPY was going to fall after watching Bloomberg first thing in the morning , I bought GBPUSD when I felt that it was in fact going up, changed my mind and sold both pairs again waiting for the news at 12:00 GMT .I could go on and on , but the bottom line is , I only had 4 signals this week , 1 of them only moved 15 pips and came back to hit the stop i.e. the one sell @1.6161 yesterday , that was a ten pip stop , the other 3 were only supposed to give me 150 pips ( its normally 15-25 pip stop to get 50 pips per trade).
Why I am not angry is I still made 144 pips this week instead of 150.
I am man enough to admit that I have work to do with this discipline issues, but I think I am getting better.
  • #222
  • May 10, 2012 11:44am May 10, 2012 11:44am
Quoting tafadzwa02
I am man enough to admit that I have work to do with this discipline issues, but I think I am getting better.
Yes, I think you're getting better, you were much worse in April. But you still have a lot of work to do.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #223
  • Edited 2:51am May 11, 2012 1:24am | Edited 2:51am
Quoting Favorite
tafadzwa02, I don't want to be annoying, but I went to your Trade Explorer and got this data:

GBP/JPY Sell 128.536 128.836 2 hr ago 1 -7.2%
GBP/USD Sell 1.61395 1.61565 3 hr ago 1 -4.1%
GBP/USD Buy 1.61441 1.61406 9 hr ago 1 -0.8%
GBP/USD Sell 1.61446 1.61442 9 hr ago 1 -0.2%

So, first you sold GBP/USD and closed it with a little loss (-0.2%).

Then you bought GBP/USD and closed it with a little loss (-0.8%)

Then you sold it again and lost 4.1%.

I don't think you really follow your own signals, that's why you lost more than 12% in one...
I have bought GBPUSD @1.6099 , its not a signal , but with a 2 pip stop , i dont mind , I have a feeling the market is now starting to range on the 4 hrly , so my target will be just 38 pips

@ Looks like I shouldn't even bother trading without my signals , decided to close and take 4 pips , not bad after all.I am attaching my Actual vs Projections document for weeke ending today.Next week I am on £2 per pip with only 28 pips as my target .I should not fail surely !!!!!

Happy trading
Attached File(s)
File Type: xls Actual Vs Projection_Week Ending 11-05-2012 .xls   65 KB | 256 downloads
  • #224
  • May 15, 2012 7:25am May 15, 2012 7:25am
“Most ancient cultures have had conceptions of a flat Earth, including Greece until the classical period……” It took a lot of effort and lives to prove otherwise.
“All ancient Egyptians believed in the afterlife and spent their lives preparing for it. Pharaohs built the finest tombs…..”
“Thousands of years ago, people believed that disease was brought on by the gods as a form of punishment. Still others believed that disease resulted from magic performed by one’s enemies.”
Just like everything else, there are certain traditional beliefs about Trading that I am here to prove them wrong …Time will Tell.

It’s about tike someone Demystifies Trading
  • #225
  • May 15, 2012 3:45pm May 15, 2012 3:45pm
Quoting tafadzwa02
“Most ancient cultures have had conceptions of a flat Earth, including Greece until the classical period……” It took a lot of effort and lives to prove otherwise.
“All ancient Egyptians believed in the afterlife and spent their lives preparing for it. Pharaohs built the finest tombs…..”
“Thousands of years ago, people believed that disease was brought on by the gods as a form of punishment. Still others believed that disease resulted from magic performed by one’s enemies.”
Just like everything else, there are certain...
hello tafadzwa, how is going your trades ? i cant see your explorer anymore.

regards.
  • #226
  • May 15, 2012 3:59pm May 15, 2012 3:59pm
Quoting Peepo
hello tafadzwa, how is going your trades ? i cant see your explorer anymore.

regards.

Check his profile to see the explorer.
  • #227
  • May 15, 2012 8:28pm May 15, 2012 8:28pm
Quoting Baffa
Check his profile to see the explorer.
oki thanks!
  • #228
  • May 16, 2012 7:59am May 16, 2012 7:59am
I am done trading this week.From now its likely to whipsaw a bit so I am out till next week.Its been a good one for me .I will be trading £ 2.50 per pip next week .My target willl be 47 pips.Please see attached my Actual Vs Projection.xls

Happy trading
Attached File(s)
File Type: xls Actual Vs Projection_Week Ending 18-05-2012.xls   65 KB | 311 downloads
  • #229
  • May 16, 2012 8:40am May 16, 2012 8:40am
Quoting tafadzwa02
I am done trading this week.From now its likely to whipsaw a bit so I am out till next week.Its been a good one for me .I will be trading £ 2.50 per pip next week .My target willl be 47 pips.Please see attached my Actual Vs Projection.xls

Happy trading
Keep it up and stay on course
  • #230
  • May 16, 2012 11:32am May 16, 2012 11:32am
Quoting tafadzwa02
I am done trading this week.From now its likely to whipsaw a bit so I am out till next week.Its been a good one for me .I will be trading £ 2.50 per pip next week .My target willl be 47 pips.Please see attached my Actual Vs Projection.xls

Happy trading
congratulations again, hopes you been good this time!
  • #231
  • May 16, 2012 12:04pm May 16, 2012 12:04pm
This i just a quick heads up.
When GBPUSD is confirmed to be downtrend on the daily, then try and AVOID BUYING any of the major pairs at all cost , e.g EURUSD,GBPUSD,GBPJPY,AUDUSD,EURJPY. Its quite rare for all these pairs to be on a down trend ALL at the same time.
You will also notice that once this happens , its likely one or more of the days the market will make LARGE moves to the downside , like what it used to do 3 or so years ago.By large moves i mean 600 or 700 pips in one day of 1000 pips if its GBPJPY or EURJPY-- so guys be warned , buy these pairs at your own risk .The time is near

Happy trading
  • #232
  • May 17, 2012 6:30am May 17, 2012 6:30am
GBPUSD , now in a confirmed down trend .Lets get ready for big money moves .
  • #233
  • May 19, 2012 9:26am May 19, 2012 9:26am
For those who wanted to see my pips , please follow this link

https://www.myfxbook.com/portfolio/tafadzwa02/299525

Happy trading
  • #234
  • Edited 10:52am May 25, 2012 8:58am | Edited 10:52am
This week I am not posting the Actual Vs Projection.xls simply because I still have some trades running .Based on my assumptions and money already banked (based on trailling stop) regardless of where the market will go over the weekend , it looks like I will be trading between £4 to £5 per pip with a target of between 40 and 50 pips for the week.

Bryan seeing is believing

Happy Trading
  • #235
  • May 28, 2012 1:26am May 28, 2012 1:26am
U are getting good on track! i have been folo yr thread since u start, owes believe chaos trading is a good one... good luck dude!! Looking forward for yr awesome update.
  • #236
  • May 28, 2012 3:38am May 28, 2012 3:38am
Quoting Mr. k
U are getting good on track! i have been folo yr thread since u start, owes believe chaos trading is a good one... good luck dude!! Looking forward for yr awesome update.
Thanks , just to make you aware , the Chaos theory on its own is not good enough .You will notice that the entries for my EURAUD were based on S/R.I am railing my trades using the Chaos Theory , Weekly 50 MA, Price Action and Candlestick Patterns at the moment.Looks like i will exit them tomorrow.I will be waiting to Sell again the other pairs once they comeback to retest certain Resistance levels , and again , Its all based on MAs , Price Action , Candlestick patterns , etc .If i get enough number of people willing to learn a few tricks , I will organise a SKYPE conference call one weekend to explain the majors of this system otherwise in the mean time anyone interested MUST just understand the Chaos theory as a minimum
  • #237
  • May 28, 2012 6:09am May 28, 2012 6:09am
Quoting tafadzwa02
Thanks , just to make you aware , the Chaos theory on its own is not good enough .You will notice that the entries for my EURAUD were based on S/R.I am railing my trades using the Chaos Theory , Weekly 50 MA, Price Action and Candlestick Patterns at the moment.Looks like i will exit them tomorrow.I will be waiting to Sell again the other pairs once they comeback to retest certain Resistance levels , and again , Its all based on MAs , Price Action , Candlestick patterns , etc .If i get enough number of people willing to learn a few tricks , I will...

I am in for your skype as you would know ... good going...
  • #238
  • May 28, 2012 11:32am May 28, 2012 11:32am
Quoting tafadzwa02
Thanks , just to make you aware , the Chaos theory on its own is not good enough .You will notice that the entries for my EURAUD were based on S/R.I am railing my trades using the Chaos Theory , Weekly 50 MA, Price Action and Candlestick Patterns at the moment.Looks like i will exit them tomorrow.I will be waiting to Sell again the other pairs once they comeback to retest certain Resistance levels , and again , Its all based on MAs , Price Action , Candlestick patterns , etc .If i get enough number of people willing to learn a few tricks , I will...
Yea... Thks for the info. Im agreed with wad u said, along wif only chaos wouldn't be really a perfect one. We shud add-on with some support to make it more profitable. I personally add-on the elliot wave to check on the overall position of trade when i found a signal for entry, as well as fibo to check on resistance + with SnR. It would end up been quite a good trade normally, unless our emotion & disciplinary prob spoil the trade...LOLs

Heyz, it would be great if u organise the Skype Conference. I'm here to learn!
  • #239
  • May 28, 2012 12:58pm May 28, 2012 12:58pm
Quoting Favorite
I took a look at your Trade Explorer.

Your balance is £1,877 and you trade 5 lots?
WOW! Thats pushing it!
Statistical Probability
  • #240
  • Edited 1:30pm May 28, 2012 1:04pm | Edited 1:30pm
What a good week for me .I am now on £4.50 per pip with a target of 52 pips this week .Please see attached document


Happy Trading
Attached File(s)
File Type: xls Actual Vs Projection_Week Ending 25-05-2012.xls   67 KB | 262 downloads
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