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  • #2,901
  • Aug 22, 2012 7:45am Aug 22, 2012 7:45am
Quoting Balhana
My limit order was triggered while having dinner. Sold GBP/CHF at 1.5240
Closed 2/3 at 1.5225 for +30 pips.
Attached Image (click to enlarge)
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  • #2,902
  • Aug 22, 2012 8:53am Aug 22, 2012 8:53am
Quoting Balhana
Closed 2/3 at 1.5785 for +40 pips.
Rest of GU was stopped out at BE+1.
  • #2,903
  • Aug 22, 2012 9:15am Aug 22, 2012 9:15am
Quoting lovejoy80
I actually had a unique process - I took a year out to grow an account large enough to be able to continue as a full-time trader.

1) It was a year from hell as I had to trade very aggressively and I wouldn't recommend it at all unless you are well capitalised...

2) If you can't then sticking to H1 FTB's (plus higher) which are planned well in advance and looking for daily FB's should grow an account at a decent pace...

3) If you can only focus on the daily TF then I'd be more inclined to look at swing trading, trend trading (position building)...
This is great.

1) I had an initial strategy of accumulating a large account before taking a week or to off work and building a strong foundation from there onwards but there is obviously a lot of pressure that comes with it. I'm not in a position to take a whole year off that's for sure. I have minimal capital behind me to do that.

2) Suites me fine

3) I'm less keen on swing and trend trading. I am much more inclined to get to know those x3 or so markets on the VLTF as you mentioned as well as the above.

Sorry for the blunt response, usual story... the dreaded day job.

Really helpfull post.
  • #2,904
  • Aug 22, 2012 9:15am Aug 22, 2012 9:15am
Quoting Balhana
Closed 2/3 at 1.5225 for +30 pips.
Closed the rest at 1.5210 for +30 pips (+60 pips in total).
Attached Image (click to enlarge)
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  • #2,905
  • Aug 22, 2012 9:15am Aug 22, 2012 9:15am
Quoting Balhana
Looks a lot better than Netdania. Thanks a lot.
No problem, and thank you for all your great posts!
Progress, not perfection
  • #2,906
  • Aug 22, 2012 9:22am Aug 22, 2012 9:22am
Quoting Balhana
I'm office based in Seoul...

FYI, I took a day off today.
Explains a lot

I had a meeting there once. Flown 1st class and put up in a Hotel off Eulji-Ro. My past office did quite a bit of work in Seoul. Anyway, back to trading...
  • #2,907
  • Aug 22, 2012 9:41am Aug 22, 2012 9:41am
Giving these guys a try if it's helpfull to anyone. Thanks for the link LJ.

http://talking-forex.com
  • #2,908
  • Aug 22, 2012 10:27am Aug 22, 2012 10:27am
Quoting Balhana
Rest of GU was stopped out at BE+1.
Sold GU at the same level (1.5805) again based on 15M pin + FB + daily supply.
Attached Image (click to enlarge)
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  • #2,909
  • Aug 22, 2012 12:07pm Aug 22, 2012 12:07pm
Quoting Balhana
Sold GU at the same level (1.5805) again based on 15M pin + FB + daily supply.
Closed 2/3 at 1.5793 for +24 pips. Very low volume... very slow...

EDIT: It is already 2:10am... Going to bed. Good luck to all....
Attached Image (click to enlarge)
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  • #2,910
  • Aug 22, 2012 3:18pm Aug 22, 2012 3:18pm
Lower time frame is not noise

x2 trades on eurusd 5m and 1m.

1) Simple PB false breakout and stop hunt for 1R

2) Bullish flag pattern into heading into RBR for a much higher R
Attached Image (click to enlarge)
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  • #2,911
  • Aug 22, 2012 10:17pm Aug 22, 2012 10:17pm
Quoting 5.25
I had a meeting there once. Flown 1st class and put up in a Hotel off Eulji-Ro. My past office did quite a bit of work in Seoul.
I also had a meeting in London once. Flown economy class. About 20 years ago... Have a dim memory of the city, but still remember Soho peep show.

Quoting 5.25
Lower time frame is not noise
Very nice trading! You now look at even 1M chart....
  • #2,912
  • Aug 22, 2012 10:20pm Aug 22, 2012 10:20pm
Quoting Balhana
Closed 2/3 at 1.5793 for +24 pips. Very low volume... very slow...

EDIT: It is already 2:10am... Going to bed. Good luck to all....
Rest of GU was stopped out at BE+1.
  • #2,913
  • Aug 23, 2012 4:10am Aug 23, 2012 4:10am
Quoting 5.25
Lower time frame is not noise

x2 trades on eurusd 5m and 1m.

1) Simple PB false breakout and stop hunt for 1R

2) Bullish flag pattern into heading into RBR for a much higher R
Crikey that is some serious skill.
  • #2,914
  • Aug 23, 2012 4:45am Aug 23, 2012 4:45am
Sold AU at 1.0498
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  • #2,915
  • Aug 23, 2012 5:14am Aug 23, 2012 5:14am
That makes two of us, also sold Ozzie, BEOB break of bearflag
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Pipcrawler
  • #2,916
  • Aug 23, 2012 5:31am Aug 23, 2012 5:31am
Sold EU at 1.2560
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  • #2,917
  • Aug 23, 2012 5:41am Aug 23, 2012 5:41am
Quoting Balhana
Sold AU at 1.0498
Closed 2/3 at 1.0475 for +46 pips.
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  • #2,918
  • Aug 23, 2012 5:47am Aug 23, 2012 5:47am
Quoting xmzhang
That makes two of us, also sold Ozzie, BEOB break of bearflag
Planned to take some off the table at disrespected RBD-supply but price disrespected it one again, closed some at PPZ. Expect price to flag between the 2 levels for now
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Pipcrawler
  • #2,919
  • Aug 23, 2012 5:50am Aug 23, 2012 5:50am
Quoting xmzhang
Planned to take some off the table at disrespected RBD-supply but price disrespected it one again, closed some at PPZ. Expect price to flag between the 2 levels for now
Do you mean that you expect the price to form a flag before dropping further?
No more DOH! trades
  • #2,920
  • Aug 23, 2012 6:10am Aug 23, 2012 6:10am
Quoting Balhana
Sold EU at 1.2560
Closed 2/3 at 1.2540 for +40 pips.
Attached Image (click to enlarge)
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