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All Indicators Trading system

  • #341
  • Jul 4, 2012 2:50am Jul 4, 2012 2:50am
Quoting TradeForexFx
Congrats on you most recent one!!!

TF
That was a big big gamble and I just do not understand why I did it.I am also getting exhausted with these sculps .I need to have a fixed number of sculps per wekk I guess .maybe 5
  • #342
  • Jul 4, 2012 7:10am Jul 4, 2012 7:10am
There are 2 potential trades -Check my explorer.They should be triggered @ 14:00 otherwise they will be invalid .Proper main signal
  • #343
  • Jul 4, 2012 9:33am Jul 4, 2012 9:33am
Quoting tafadzwa02
There are 2 potential trades -Check my explorer.They should be triggered @ 14:00 otherwise they will be invalid .Proper main signal

Trades deleted - No signal
  • #344
  • Jul 4, 2012 11:39am Jul 4, 2012 11:39am
Quoting tafadzwa02
That was a big big gamble and I just do not understand why I did it.I am also getting exhausted with these sculps .I need to have a fixed number of sculps per wekk I guess .maybe 5
Yes u need to reduce revenge trading. Once in a while u cannot help it and perhaps it is even necessary, but not godd to do it too often.

Also you must also think about the max quantity of trades at any given point of time. Simultaneous four trades at 6.8 per trade is effectively Pound 27 plus per (average) pip. On a 2,5K account this is simply too much by any standard.

TF
  • #345
  • Jul 4, 2012 1:38pm Jul 4, 2012 1:38pm
Quoting TradeForexFx
Yes u need to reduce revenge trading. Once in a while u cannot help it and perhaps it is even necessary, but not godd to do it too often.

Also you must also think about the max quantity of trades at any given point of time. Simultaneous four trades at 6.8 per trade is effectively Pound 27 plus per (average) pip. On a 2,5K account this is simply too much by any standard.

TF

True that - hopefully won't be repeated .
  • #346
  • Jul 4, 2012 3:13pm Jul 4, 2012 3:13pm
It's not my main signal , but looking at price action , Iwould confidently say --Buy GBPJPY NOW .STOP@ 124.20.I am expecting a BIG BIG move on this one tomorrow.Gut feeling
  • #347
  • Jul 4, 2012 4:16pm Jul 4, 2012 4:16pm
Quoting tafadzwa02
It's not my main signal , but looking at price action , Iwould confidently say --Buy GBPJPY NOW .STOP@ 124.20.I am expecting a BIG BIG move on this one tomorrow.Gut feeling
sorry mate, but gut feeling is not enough. it needs to be confirmed by news or ta. you act like gambler now. as it was easy to get to the point where you are now it will be more difficult for you to play further as the amounts you loose/win are a multiply of what average person earns a full day.
I really recommend taking a rest, besides open demo account and test your attitude there, same amount you have now, but on virtual money. should help.

good luck ;-)
On my way to financial independence - if others can do it - I can do it
  • #348
  • Jul 5, 2012 12:02am Jul 5, 2012 12:02am
Quoting Eur Usd
sorry mate, but gut feeling is not enough. it needs to be confirmed by news or ta. you act like gambler now. as it was easy to get to the point where you are now it will be more difficult for you to play further as the amounts you loose/win are a multiply of what average person earns a full day.
I really recommend taking a rest, besides open demo account and test your attitude there, same amount you have now, but on virtual money. should help.

good luck ;-)
Point taken .I have been thinking that way myself as well.I need to go back to the drawing board
  • #349
  • Jul 5, 2012 2:27am Jul 5, 2012 2:27am
Quoting tafadzwa02
That was a big big gamble and I just do not understand why I did it.I am also getting exhausted with these sculps .I need to have a fixed number of sculps per wekk I guess .maybe 5
You are at it again. Back to square one; seriously, please reduce your "revenge trading" and also lot size. With losses like pounds 300 & 200 per round, there is hardly any manoeuvring space.

TF
  • #350
  • Jul 5, 2012 2:55am Jul 5, 2012 2:55am
Quoting TradeForexFx
You are at it again. Back to square one; seriously, please reduce your "revenge trading" and also lot size. With losses like pounds 300 & 200 per round, there is hardly any manoeuvring space.

TF

You are right , just don't know why I am doing this
  • #351
  • Jul 5, 2012 3:11am Jul 5, 2012 3:11am
  • #352
  • Jul 5, 2012 3:38am Jul 5, 2012 3:38am
Quoting tafadzwa02
You are right , just don't know why I am doing this
because you're greedy ;-)
as an advice: take out the amount you started with (was it abour 200quid?). this way If you'll loose all your money, you'll loose only what you earned, and the money you went into forex with will be still in your pocket ;-)
On my way to financial independence - if others can do it - I can do it
  • #353
  • Jul 5, 2012 5:30am Jul 5, 2012 5:30am
.
  • #354
  • Jul 5, 2012 5:33am Jul 5, 2012 5:33am
Quoting tafadzwa02
It's not my main signal , but looking at price action , Iwould confidently say --Buy GBPJPY NOW .STOP@ 124.20.I am expecting a BIG BIG move on this one tomorrow.Gut feeling
Looks like my gut feeling was wrong after all .The Market doesn't use gut
  • #355
  • Jul 5, 2012 6:43am Jul 5, 2012 6:43am
What ever happens this week, I am not proud of myself and I have my tail firmly in between my legs.This market has made me respect it more than I had done before.


Word of advice
--Don't take this market lightly , no wonder only 5% even make more than 1% profit per period .It is hard .Give respect to those who have made it--
  • #356
  • Jul 5, 2012 7:35am Jul 5, 2012 7:35am
Quoting tafadzwa02
What ever happens this week, I am not proud of myself and I have my tail firmly in between my legs.This market has made me respect it more than I had done before.


Word of advice
--Don't take this market lightly , no wonder only 5% even make more than 1% profit per period .It is hard .Give respect to those who have made it--
  • #357
  • Jul 5, 2012 9:15am Jul 5, 2012 9:15am
It happened eventually
  • #358
  • Jul 5, 2012 10:01am Jul 5, 2012 10:01am
Quoting duyk20
It happened eventually

So sad indeed
  • #359
  • Jul 5, 2012 10:20am Jul 5, 2012 10:20am
Quoting tafadzwa02
I am stopping here this week else I lose everything.It's been hard to get to where I was and now I have to start again.The journey is hard an has some unpleasent twists and turns as you all know.I still have some belief left in me.The problem is ME and not y system.If I had traded my system , I would be 60 pips up on EURJPY and (maybe 23 pips up or 30 pips down on EURUSD depending on the way I would have traded that trade).I have someone I have taught my system and they are way way ahead of me in pips and its quite embarrassing .This is why I am...
You said you'll trade £6.8 per pip this week but when you got a few losing ones, you started to trade £30 per pip.
  • #360
  • Jul 5, 2012 10:56am Jul 5, 2012 10:56am
Quoting duyk20
You said you'll trade £6.8 per pip this week but when you got a few losing ones, you started to trade £30 per pip.
I know mate , thats why I am .
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