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Fail Better

  • #4,601
  • Nov 14, 2012 5:19am Nov 14, 2012 5:19am
Quoting KarlfromHU
Hello Tom, and everybody!

First of all, sorry for my english, that's not my mother tongue, and I could speak it better.
This thread is amazing...I just started to read it 2 days before, and I can not stop it. I'm on the 30th page, so i have some homework for the next week. I'll post charts in the future, but now i just would like to ask if the webinars still avaliable for free of charge on each sunday? And each months on the last sunday, there is a special webinar for 15Gbp, right?
Thank you for this thread Tom!

Regards
Hi Karl,


The Wizard: To answer your original question; yes I am still holding webinars. They are free to attend and are currently on a Wednesday evening (6.30PM GMT) rather than a Sunday though for the month of November. Signup can be found by clicking on the link in my signature.
__________________
Live Commentary : https://twitter.com/#!/Trader_Dante
Free supporting webinars: http://forms.aweber.com/form/45/863153545.htm
  • #4,602
  • Nov 14, 2012 6:08am Nov 14, 2012 6:08am
Quoting Quidsey
Hi Karl,


The Wizard: To answer your original question; yes I am still holding webinars. They are free to attend and are currently on a Wednesday evening (6.30PM GMT) rather than a Sunday though for the month of November. Signup can be found by clicking on the link in my signature.
__________________
Live Commentary : https://twitter.com/#!/Trader_Dante
Free supporting webinars: http://forms.aweber.com/form/45/863153545.htm
Hey Quidsey!

Thank you, so it'll be today...Sadly, I won't be home today evening. I have to subscibe for the next webinar again, or one time is enough?

Cheers,
Karl
  • #4,603
  • Nov 14, 2012 6:40am Nov 14, 2012 6:40am
Quoting KarlfromHU
Hey Quidsey!

Thank you, so it'll be today...Sadly, I won't be home today evening. I have to subscibe for the next webinar again, or one time is enough?

Cheers,
Karl
Once is never enough....
  • #4,604
  • Nov 14, 2012 6:56am Nov 14, 2012 6:56am
Quoting KarlfromHU
Hey Quidsey!

Thank you, so it'll be today...Sadly, I won't be home today evening. I have to subscibe for the next webinar again, or one time is enough?

Cheers,
Karl
Once and you could participate until you unsubscribe
  • #4,605
  • Nov 14, 2012 7:48am Nov 14, 2012 7:48am
Hi

if an account size is small, what advise would you give to build a bigger account size? Is it better to trade using on candlestick pattern or touch trade ?
  • #4,606
  • Nov 14, 2012 8:05am Nov 14, 2012 8:05am
One I am watching.
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  • #4,607
  • Nov 14, 2012 8:14am Nov 14, 2012 8:14am
Took NZD/USD based on H1 SFP. I expect it to test 0.8155
  • #4,608
  • Nov 14, 2012 8:43am Nov 14, 2012 8:43am
Quoting Caesar
One I am watching.
Hey Caesar,
what's your opinion on this little retest of the level. Doesn't it bother you anyhow?
Otherwise it is a killer clean PPZ!

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  • #4,609
  • Nov 14, 2012 8:56am Nov 14, 2012 8:56am
Hey!

That's my first touch trade -of course just demoing-, hope it makes sense. Any comments greatly invited!

Regards
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  • #4,610
  • Nov 14, 2012 9:10am Nov 14, 2012 9:10am
Quoting KarlfromHU
Hey!

That's my first touch trade -of course just demoing-, hope it makes sense. Any comments greatly invited!

Regards
Try this :
Save all of the_wizard's charts from this thread in a folder. Then start to go through them and search the differences comparing with your chart. I think you won't need others' opinion after that
  • #4,611
  • Edited Nov 15, 2012 7:55am Nov 14, 2012 1:00pm | Edited Nov 15, 2012 7:55am
Quoting Rust
Hey Caesar,
what's your opinion on this little retest of the level. Doesn't it bother you anyhow?
Otherwise it is a killer clean PPZ!

Attachment

My feed has a 4h pinbar at 102.18s and took that short with a small position when it retraced to a small 1hr level. Looking to catch part of the move down to the originally posted level. Has been giving me a little squeeze so far, keeping my eye on it.

Brandon

Well that did not work out....
One to take a look at and see what went wrong.
  • #4,612
  • Nov 14, 2012 1:40pm Nov 14, 2012 1:40pm
EUR/CAD

touch trade, BRN, nice PPZ and 38% fib retrace

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  • #4,613
  • Nov 14, 2012 3:07pm Nov 14, 2012 3:07pm
Loved the webinar, had to sneak out of work to catch an hour of it.
Thanks so much for putting forth so much time to take us all under your wing.

-Mez
  • #4,614
  • Edited 11:09pm Nov 14, 2012 6:17pm | Edited 11:09pm
AUDJPY touch trade of the rounded retrace, why did I pick this level? its a nice pivot zone that took 3 bounces to break as a resistance, and now should be support, fib levels are nearby.

Edit: see another setup incoming for the round retrace.

Edit2: I am wondering if we are fairly certain the price will fall a good ways, why not ride it down? My TSR indicator is showing room for 50+ pips down, then trade the retrace for another +20 up? Sorry if this has been previously answered before I'm still on post 120 and working my way up.

Edit3: AUDJPY target hit +50pips

Edit4: The market answered my question, price broke out on the long side quite hard. Doesn't matter what indicator says, markets jump.
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  • #4,615
  • Nov 14, 2012 7:52pm Nov 14, 2012 7:52pm
I know Tom does not trade many trend lines or round numbers however, I have had good results with this type of situation. Daily BEOB, Trend Line RR, H1 level is at a round number. Looking to short 1.0400

Aud/Usd

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  • #4,616
  • Nov 15, 2012 1:51am Nov 15, 2012 1:51am
Quoting Mezzy
AUDJPY touch trade of the rounded retrace, why did I pick this level? its a nice pivot zone that took 3 bounces to break as a resistance, and now should be support, fib levels are nearby.

Edit: see another setup incoming for the round retrace.

Edit2: I am wondering if we are fairly certain the price will fall a good ways, why not ride it down? My TSR indicator is showing room for 50+ pips down, then trade the retrace for another +20 up? Sorry if this has been previously answered before I'm still on post 120 and working my way up.

Edit3:...
AUD/JPY

yeahh, worked out well , this was a nice one

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  • #4,617
  • Nov 15, 2012 4:12am Nov 15, 2012 4:12am
Good ?
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  • #4,618
  • Nov 15, 2012 4:19am Nov 15, 2012 4:19am
Quoting Rust
Good ?
Attachment
lovely
  • #4,619
  • Nov 15, 2012 11:09am Nov 15, 2012 11:09am
Quoting Rust
Good ?
Attachment
Worked out well. Profits banked.
  • #4,620
  • Nov 16, 2012 2:12am Nov 16, 2012 2:12am
Quoting Rust
Worked out well. Profits banked.
Sorry but I don't see how this can be viewed as a good 'wizard' trade.

On FXPRO this pair has a 10pip spread, where was your fta & sl Rust?

I don't see a level there, IF I wanted to trade this pair I'd be looking around either 0.9884 short or 1.0195 long. Big levels, big swings.

Look on the D1 and you can see how it's ranging.
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