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  • #1,001
  • Jan 9, 2013 11:12pm Jan 9, 2013 11:12pm
Hello 9er and thank you for your thoughts and wisdom. Those are really amazing results for the week. We certainlly can learn not only a style from you but also, from your experience - at least in my case - avoid to be looking/changing for those turnkey systems.

Quoting 9er
You don't have to contribute - you can ask questions, post charts. My intention for this thread is to teach a style and break the mind set that one must be on the constant lookout for a turnkey system. There is already a turn-key system it's called : Human Chaos and it will never, ever, ever change

Gartley, Bill Williams and pattern recognition is really all you need.

I just bought my second house and I haven't been employed in 3 years. All I do is what I show in this thread. Granted most people need more than 10 pips a trade - I did too when...
Best time to plant a tree was 20 years ago, second best is now
  • #1,002
  • Jan 9, 2013 11:27pm Jan 9, 2013 11:27pm
Here is my trading plan today.

I always look for daily tf for the bias

D1: -price bellow weekly pivot : bearish
-AO bellow 0 and read : bearish
-RSI below 50 and heding to 40 : bearish
conclusion: Bearish biash for today

Move to lower tf for entry

M15 : -price enter the mouth and reach 38.2% of yesterday NY range and rejected
-I set sell limit bellow 38.2% and triggered
-now I'm in +6

I'm watching PA on M5 now, will close this if I see the baby bull has been born (don't care if it's in red or green pips). The important thing is i will never let my loses get big because of my emotion on this bearish bias.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: D1.JPG Size: 150 KB
Click to Enlarge Name: M15.JPG Size: 174 KB
Dangdut is a music of my country
  • #1,003
  • Jan 9, 2013 11:35pm Jan 9, 2013 11:35pm
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
Perfect Nunix! Thank you!

Quoting NuNix
Here is my trading plan today.

I always look for daily tf for the bias

D1: -price bellow weekly pivot : bearish
-AO bellow 0 and read : bearish
-RSI below 50 and heding to 40 : bearish
conclusion: Bearish biash for today

Move to lower tf for entry

M15 : -price enter the mouth and reach 38.2% of yesterday NY range and rejected
-I set sell limit bellow 38.2% and triggered
-now I'm in +6

[color=green][color=black]I'm watching PA on M5 now, will close this if I see the baby bull has been born (don't care if it's...
  • #1,004
  • Jan 9, 2013 11:38pm Jan 9, 2013 11:38pm
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
I currently have a sell stop in at 30317 - but am leary because price is sitting on the lower trend line in the daily chart. I will edit the stop to 3 pips below yesterday's low (love daily high/low breaks as well)
Attached Image (click to enlarge)
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  • #1,005
  • Jan 10, 2013 12:44am Jan 10, 2013 12:44am
Nu Nix, like your daily bias work. Thank you.

9er, your work does not go un-appreciated. Trading is pretty solitary unless your at a prop desk with 50 other traders. I had been a contractor for 20+ years... then the phone stopped ringing and no body was building a thing, unless you were working for free. I got serious about day and swing trading stocks. I was doing quite well. Made a mistake on one trade and cost me a pant load. I wanted to gain it back in a hurry, but how?

I had a wealthy client that was candid with me about his career in options... he wrote a a few books, owned a brokerage and one day I asked him if I could get involved in options etc. ( you should have seen his house !!!!) He asked how much I had to invest. This was '98 and I was getting divorced so $5,000.00 was a good amount at the time. He said put in a mutual fund.

I asked him how much he made today trading options? He said, " I really don't do much in options anymore. I trade currency" , "Well how much did you make today?" He said " $70,000.00"

I've been trading forex for 1 1/2 years now. Doubled up 2x making 10 pips a day... (Strategy 10, Rob Booker changed my life). Had string of losses with high leverage , then over traded to rebuild account and went off the rails. Confidence was shaken but recoving bit by bit. Well, thats my little story... slow and steady 10 pips a day can bring your an absoule great life. Peace
  • #1,006
  • Jan 10, 2013 1:24am Jan 10, 2013 1:24am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
Are we seeing an ABCD from the 5.0? Could the 127.0 (2965) be our target area? Seems like the RSI is content bouncing between 40 and 50? Sell stop still in place (3031)
Attached Image (click to enlarge)
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  • #1,007
  • Jan 10, 2013 1:27am Jan 10, 2013 1:27am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
1H is trading within slightly narrowing descending wedge channel, has touched upper trend line. Pretty significant news day today
Attached Image (click to enlarge)
Click to Enlarge Name: 1h.gif Size: 22 KB
  • #1,008
  • Jan 10, 2013 1:30am Jan 10, 2013 1:30am
from this link : here

the evolution after shark is 5:0 pattern. from 5:0 pattern we could go to potential C point.. if low not broken...she could go back to the upside and broken B point to get D :>>> BAMM

personally : never sure but let's try and see ..


Quoting 9er
Are we seeing an ABCD from the 5.0? Could the 127.0 (2965) be our target area? Seems like the RSI is content bouncing between 40 and 50? Sell stop still in place (3031)
not euphoria follower
  • #1,009
  • Jan 10, 2013 1:42am Jan 10, 2013 1:42am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
Or Maybe what we have, as I have grown accustomed to is X to A to B and C retrace to 78.6. There have been no new lows since yesterday's inverted hammer?
Attached Image (click to enlarge)
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  • #1,010
  • Jan 10, 2013 1:45am Jan 10, 2013 1:45am
keep on eyed closely buddy... your AO is green and RSI is pointing up aniway...

skip that for a while... look at this boy......

Inserted Video


amazingggggg !!!!!!!!!!
Quoting 9er
Or Maybe what we have, as I have grown accustomed to is X to A to B and C retrace to 78.6. There have been no new lows since yesterday's inverted hammer?
not euphoria follower
  • #1,011
  • Jan 10, 2013 1:49am Jan 10, 2013 1:49am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
Like this, AO is narrowing and YES RSI is pointing up
Attached Image (click to enlarge)
Click to Enlarge Name: eu4h.gif Size: 36 KB
  • #1,012
  • Jan 10, 2013 1:50am Jan 10, 2013 1:50am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
My daughter plays Guitar - can't wait to show that to her. Pretty amazing!

Quoting iqyu5an
keep on eyed closely buddy... your AO is green and RSI is pointing up aniway...

skip that for a while... look at this boy......

http://www.youtube.com/watch?v=mGTcMhT5rro

amazingggggg !!!!!!!!!!
  • #1,013
  • Jan 10, 2013 1:52am Jan 10, 2013 1:52am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
Be curious to see how this candle closes
Attached Image (click to enlarge)
Click to Enlarge Name: 1h.gif Size: 29 KB
  • #1,014
  • Jan 10, 2013 1:56am Jan 10, 2013 1:56am
did not see it accurately but it seems like a gartley .. isn't it ? well BAMM is referring to BAT ( BAMM : BAT Action Magnet Move )

could be D is higher for BAMM. my imho

Quoting 9er
Like this, AO is narrowing and YES RSI is pointing up
not euphoria follower
  • #1,015
  • Jan 10, 2013 1:57am Jan 10, 2013 1:57am
he is inspiring !!
Quoting 9er
My daughter plays Guitar - can't wait to show that to her. Pretty amazing!
not euphoria follower
  • #1,016
  • Jan 10, 2013 1:59am Jan 10, 2013 1:59am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
You could be right - I didn't apply any logic to the drawing - just drew it manually!

Quoting iqyu5an
did not see it accurately but it seems like a gartley .. isn't it ? well BAMM is referring to BAT ( BAMM : BAT Action Magnet Move )

could be D is higher for BAMM. my imho
  • #1,017
  • Edited 3:49am Jan 10, 2013 1:59am | Edited 3:49am
GU ( 4H ) :
she has lower low and is trying to move UP, if she make it. pattern should be anctipated is shark
not euphoria follower
  • #1,018
  • Jan 10, 2013 2:32am Jan 10, 2013 2:32am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
Well 30 minutes into the next candle and she appears to respect the hourly upper trend line. AO is still decreasing though

Quoting iqyu5an
GU ( 4H ) :
she has lower low and is trying to move UP, if she make it. pattern should be ancticapted is shark
Attached Image (click to enlarge)
Click to Enlarge Name: 1h.gif Size: 33 KB
  • #1,019
  • Jan 10, 2013 2:54am Jan 10, 2013 2:54am
Hi 9er,Not long home from work to find all my charts had disappeared off both my trading platforms. The internet was off so I can only imagine that had something to do with it.Spent an hour reloading all my charts. Thank heaven for templates.Sorry to hear your becoming a bit bearish with regards the forum, but I am sure there are plenty of traders out there like me who sit back and take in and digest the information you present to us. It would be sad to see it end.As you know I trade my own method, but that has not stopped me from trying to increase my knowledge and broaden my trading experience by studying what successful traders like yourself do.Keep up the good work.Greg
  • #1,020
  • Edited 3:39am Jan 10, 2013 3:29am | Edited 3:39am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
I am sorry did not see this post previously. Good story! Strategy 10, Rob Booker - wow I've never mentioned the book here, but his book is exactly why I started trading 10 pips a day. That was the best .99 cents I've ever spent on a forex book (Kindle). Was very easy to read and I actually still use some of his methodology today!

Thanks for sharing!

Quoting Trade4Bux
Nu Nix, like your daily bias work. Thank you.

9er, your work does not go un-appreciated. Trading is pretty solitary unless your at a prop desk with 50 other traders. I had been a contractor for 20+ years... then the phone stopped ringing and no body was building a thing, unless you were working for free. I got serious about day and swing trading stocks. I was doing quite well. Made a mistake on one trade and cost me a pant load. I wanted to gain it back in a hurry, but how?

I had a wealthy client that was candid with me about his career in...
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