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Amazing Black Magic Trading Method

  • #321
  • Sep 3, 2012 10:35am Sep 3, 2012 10:35am
Away and trading from phone.

Closed longs and re-entered reading pa. But this new position hit tp. Don't know from where this tp came. Probably some earlier setting in my phone. Anyway, will now wait.
The Thief of Wall Street
  • #322
  • Sep 3, 2012 10:55pm Sep 3, 2012 10:55pm
Quoting Chicky
Away and trading from phone.

Closed longs and re-entered reading pa. But this new position hit tp. Don't know from where this tp came. Probably some earlier setting in my phone. Anyway, will now wait.
Seems I forgot to remove preset tp from this trade made from my cell phone.
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The Thief of Wall Street
  • #323
  • Sep 3, 2012 11:00pm Sep 3, 2012 11:00pm
Waiting to plunge at the right time
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The Thief of Wall Street
  • #324
  • Sep 4, 2012 2:05pm Sep 4, 2012 2:05pm
Quoting Chicky
Waiting to plunge at the right time
Trying to plunge, but failed a couple of times. Trying one more time, lets see if 1.2565 holds, if not, we may go several hundred pips down.
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The Thief of Wall Street
  • #325
  • Sep 4, 2012 2:25pm Sep 4, 2012 2:25pm
Quoting Chicky
Trying to plunge, but failed a couple of times. Trying one more time, lets see if 1.2565 holds, if not, we may go several hundred pips down.
It will hold. Don't sweat it.


Its going to take a G8 conference to change the scope of the major trends at this rate.
  • #326
  • Sep 4, 2012 4:05pm Sep 4, 2012 4:05pm
OK. Traced back 1.2565 and 1.2659 levels. This PA shit has elephant memory
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The Thief of Wall Street
  • #327
  • Sep 4, 2012 4:11pm Sep 4, 2012 4:11pm
Quoting almo
It will hold. Don't sweat it.


Its going to take a G8 conference to change the scope of the major trends at this rate.
I love it when it hits my sl before going in my direction................. nobody can stop me from re-entering, it costs only a few pips but tells you that you are right.
The Thief of Wall Street
  • #328
  • Sep 4, 2012 8:01pm Sep 4, 2012 8:01pm
Quoting Chicky
I love it when it hits my sl before going in my direction................. nobody can stop me from re-entering, it costs only a few pips but tells you that you are right.
One more try on longs based on 1.2509 support. But I think it will hang around near 1.2500 +/- until end of this week.
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The Thief of Wall Street
  • #329
  • Sep 4, 2012 8:32pm Sep 4, 2012 8:32pm
Quoting Chicky
One more try on longs based on 1.2509 support. But I think it will hang around near 1.2500 +/- until end of this week.
The way it has broken 1.2550, seems it is aiming at 1.1800 or even below. But the next London session will decide whether Europeans really want to see it go down or the last few London sessions were just a hoax. If I am right, it could hit 1.2800 by the end of the week before settling near 1.2750.
The Thief of Wall Street
  • #330
  • Sep 5, 2012 8:58am Sep 5, 2012 8:58am
Closed major position . Let it settle
The Thief of Wall Street
  • #331
  • Sep 5, 2012 9:41am Sep 5, 2012 9:41am
Quoting Chicky
The way it has broken 1.2550, seems it is aiming at 1.1800 or even below. But the next London session will decide whether Europeans really want to see it go down or the last few London sessions were just a hoax. If I am right, it could hit 1.2800 by the end of the week before settling near 1.2750.
I believe you are correct - there will be significant pressure once we get there. I wouldn't be surprised to see a return to the higher end of 1.26's when it does. But, we must move down, to move up.
  • #332
  • Sep 5, 2012 11:47am Sep 5, 2012 11:47am
Quoting almo
I believe you are correct - there will be significant pressure once we get there. I wouldn't be surprised to see a return to the higher end of 1.26's when it does. But, we must move down, to move up.
1.2500 is a good round number. This move up from there could just be a bounce. Only reason I am on sidelines for now. Will plunge once again at a support.

Ps. Currently away from drawing board. Will post fresh chart on getting back.
The Thief of Wall Street
  • #333
  • Sep 5, 2012 12:05pm Sep 5, 2012 12:05pm
Quoting Chicky
.................
Ps. Currently away from drawing board. Will post fresh chart on getting back.
Not so good news. All I could find is support at 1.2336 and resistance at 1.2807, but nothing in between. Have to wait and watch. Will re-draw after few hours, maybe something comes up.
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The Thief of Wall Street
  • #334
  • Edited 3:15pm Sep 5, 2012 1:44pm | Edited 3:15pm
Return % displayed by Linked Explorer are a bit misleading.

It calculates return on $100,000, however, we started with $10,000 withdrawing $90,000 before we started trading, because we wanted to start from $10,000 (and not $100,000 that practice account provides by default).

Again, the explorer shows return % calculating profit /loss ratio over the account balance just prior to the trades.
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The Thief of Wall Street
  • #335
  • Sep 5, 2012 11:30pm Sep 5, 2012 11:30pm
Pending buy 2 lots at 1.2485
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The Thief of Wall Street
  • #336
  • Sep 7, 2012 10:16am Sep 7, 2012 10:16am
Quoting Chicky
Not so good news. All I could find is support at 1.2336 and resistance at 1.2807, but nothing in between. Have to wait and watch. Will re-draw after few hours, maybe something comes up.
http://www.forexfactory.com/attachme...1&d=1346864691
Switched from long to short at this resistance. Short 4 lots. This is not a regular trade as per the Jesse's method. However, Jesse says, there has to be retrace at some point of time. Taking chance of this retrace. The pending buy order below is our trade following Jesse.
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The Thief of Wall Street
  • #337
  • Sep 7, 2012 10:55am Sep 7, 2012 10:55am
Quoting Chicky
Switched from long to short at this resistance. Short 4 lots. This is not a regular trade as per the Jesse's method. However, Jesse says, there has to be retrace at some point of time. Taking chance of this retrace. The pending buy order below is our trade following Jesse.
Short, 2 more lots. Now 6 lots short.
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The Thief of Wall Street
  • #338
  • Sep 7, 2012 11:02am Sep 7, 2012 11:02am
Quoting Chicky
Short, 2 more lots. Now 6 lots short.
Short. 1/2 more lot. Will that be 6 1/2 lots?
The Thief of Wall Street
  • #339
  • Sep 7, 2012 12:32pm Sep 7, 2012 12:32pm
Quoting Chicky
Short. 1/2 more lot. Will that be 6 1/2 lots?
Chicky.....I can't watch this. I hope you turn out to be right, but I have a hunch you will be closing this for a loss.
  • #340
  • Sep 7, 2012 12:35pm Sep 7, 2012 12:35pm
Quoting almo
Chicky.....I can't watch this. I hope you turn out to be right, but I have a hunch you will be closing this for a loss.
Me too. That's why I have set sls and tps.
The Thief of Wall Street
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