Fail Better | Page 206 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

A better Editor for mql is available. 100x better than MetaEditor 20 replies

Broker needs to do better, much better 4 replies

Better momentum and better Sine wave indicator 0 replies

Mathematical reasons why MOST DayTraders & scalpers fail? 197 replies

Is Better still better? 1 reply

Attachments: Fail Better
Exit Attachments

Fail Better

  • #4,101
  • Aug 13, 2012 11:36pm Aug 13, 2012 11:36pm
.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp jpy.gif Size: 16 KB
  • #4,102
  • Aug 14, 2012 12:29am Aug 14, 2012 12:29am
Hi, I missed my cadchf order, would you guys cancel this order now? There was a D1 BEOB yesterday.
Attached Image (click to enlarge)
Click to Enlarge Name: cadchfmiss.jpg Size: 100 KB
  • #4,103
  • Aug 14, 2012 2:15am Aug 14, 2012 2:15am
Quoting kerinsp
Hi, I missed my cadchf order, would you guys cancel this order now? There was a D1 BEOB yesterday.
I have removed mine
  • #4,104
  • Aug 14, 2012 2:35am Aug 14, 2012 2:35am
Thanks riveria, still just getting used to the method and setting limit orders.
Next time i might have my sell limit a little lower
Paul
  • #4,105
  • Edited 2:51am Aug 14, 2012 2:48am | Edited 2:51am
Quoting kerinsp
Thanks riveria, still just getting used to the method and setting limit orders.
Next time i might have my sell limit a little lower
Paul
yw, but I must apologise for the short answer .. It was not good of me to be so short with the answer as it could help you this time but it could also mislead you or someone else.

I should have mentioned that I only stated what I have done this time to give you an idea. We all must have our own rules/reasons for doing things so please dont take this as set in stone. Over time as you see more of these play out and you should formulate you own rules on how to deal with different situations as we all have different tollerance levels etc etc.

Just because you miss one entry doesnt mean you should alter how you enter or set orders. You must have a good sample size before chaning things as doing things willy nilly will be detremental over time.
  • #4,106
  • Aug 14, 2012 5:10am Aug 14, 2012 5:10am
Riveria, thanks, no apology needed! Im just glad I am seeing the same levels you are.
Paul
  • #4,107
  • Aug 14, 2012 1:46pm Aug 14, 2012 1:46pm
I would like to lodge an official complaint about the number of nice levels which have got washed this past day or so. Very frustrating!
  • #4,108
  • Aug 15, 2012 3:16am Aug 15, 2012 3:16am
Not an SFP trader but for those of you that do...is this GJ interesting at all? Or perhaps it was more interesting the first time it spiked through and then fell?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: sfpish-gj 4hr.jpg Size: 123 KB
Click to Enlarge Name: sfpish-gj 1hr.jpg Size: 128 KB
  • #4,109
  • Aug 15, 2012 3:22am Aug 15, 2012 3:22am
Not a bad NU level...would like a bit more room before shorting but something to watch.
Attached Image (click to enlarge)
Click to Enlarge Name: nu.jpg Size: 111 KB
  • #4,110
  • Aug 15, 2012 3:33am Aug 15, 2012 3:33am
Quoting sam0182
Not an SFP trader but for those of you that do...is this GJ interesting at all? Or perhaps it was more interesting the first time it spiked through and then fell?
I would say that level has been tested too many times to take an SFP there. Would be more interested in seeing price break through that level and then come back for a retest to go long.
  • #4,111
  • Aug 15, 2012 7:38am Aug 15, 2012 7:38am
stopped out of eurcad and cadchf. They might be setting up for H1 sfps now though.

still got orders in for these levels. (demo only for me at the moment!)
Paul
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurjpyh1.jpg Size: 128 KB
Click to Enlarge Name: gbpaudh1.jpg Size: 111 KB
Click to Enlarge Name: gbpjpyh1.jpg Size: 110 KB
  • #4,112
  • Aug 15, 2012 9:42am Aug 15, 2012 9:42am
Quoting mazdaq100
I would say that level has been tested too many times to take an SFP there. Would be more interested in seeing price break through that level and then come back for a retest to go long.
Thanks!
  • #4,113
  • Aug 15, 2012 10:09am Aug 15, 2012 10:09am
maybe a good level to short?
Attached Image (click to enlarge)
Click to Enlarge Name: cadjpyD1.jpg Size: 114 KB
  • #4,114
  • Aug 15, 2012 10:39am Aug 15, 2012 10:39am
Quoting kerinsp
maybe a good level to short?
it was allready tested...
Attached Image (click to enlarge)
Click to Enlarge Name: cad jpy.gif Size: 17 KB
  • #4,115
  • Aug 15, 2012 11:04am Aug 15, 2012 11:04am
thanks Pex,
yes of course. last time that level acted as resistance so this is second time back. Would you look for an sfp on the hourly here?

Paul
  • #4,116
  • Aug 15, 2012 11:17am Aug 15, 2012 11:17am
Quoting kerinsp
thanks Pex,
yes of course. last time that level acted as resistance so this is second time back. Would you look for an sfp on the hourly here?

Paul
I`m not so good at trading SFP...steel larning...
  • #4,117
  • Aug 15, 2012 11:23am Aug 15, 2012 11:23am
Quoting pex
I`m not so good at trading SFP...steel larning...
Me too.
  • #4,118
  • Aug 15, 2012 11:35am Aug 15, 2012 11:35am
Quoting kerinsp
maybe a good level to short?
Check out the EJ daily chart...I believe that level to be cleaner and while it's not a first time back, it's still solid in my book and I have a large short entry in for it. Ref 98.55 to 98.90

Can't post a chart at this time, sorry.
  • #4,119
  • Aug 15, 2012 11:50am Aug 15, 2012 11:50am
Thanks Sam, yes that looks great. Doesn't look like it was retested after it broke down at all (at least I can't see that).

Paul
  • #4,120
  • Aug 15, 2012 12:36pm Aug 15, 2012 12:36pm
Quoting sam0182
Check out the EJ daily chart...I believe that level to be cleaner and while it's not a first time back, it's still solid in my book and I have a large short entry in for it. Ref 98.55 to 98.90

Can't post a chart at this time, sorry.
Would you also go for these levels? (Ages away but just for examples)
thanks
Paul
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cadchfd1.jpg Size: 91 KB
Click to Enlarge Name: eurcadd1.jpg Size: 111 KB
Click to Enlarge Name: eurusdd1.jpg Size: 103 KB
4 traders viewing now