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All Indicators Trading system

  • #941
  • Jan 14, 2013 7:39am Jan 14, 2013 7:39am
but I can tell you what will happen next week. tafa will open his explorer again, will pay in 100 quid. after 3 good trades he'll say: this is it now, watch me, in a year I'll be rich. then he'll pay in about 300 quid and after 2 more good trades another 500 quid. one week later he'll be crying again as his account will be clear LOL
it's like neverending soap
On my way to financial independence - if others can do it - I can do it
  • #942
  • Jan 14, 2013 11:24pm Jan 14, 2013 11:24pm
Quoting Eur Usd
but I can tell you what will happen next week. tafa will open his explorer again, will pay in 100 quid. after 3 good trades he'll say: this is it now, watch me, in a year I'll be rich. then he'll pay in about 300 quid and after 2 more good trades another 500 quid. one week later he'll be crying again as his account will be clear LOL
it's like neverending soap
You are sadly right.I have started again , and this time its serious business , no more silly trades, bring on the f**ing Beast, I am ready for the M**ther F**cker!!!!.I will pick myself up and keep on fighting this monster.I have seen it all now that's why I have changed the name of my Explorer to Bruised and Battered.
Please check the revised Projection Spreadsheet.I have changed the formulas depending on my psychology and my experience so far.Looks like I have gone back to BASICS.BTW - Eur Usd , I would not have got this experience on a demo account .


NEW YEAR-NEW BEGINNING-NEW MONEY MANAGEMENT-NEW TARGETS-NEW MOTIVATION-NEW DETERMINATION

Happy Trading

Attached File(s)
File Type: xls Actual Vs Projection_Week Commencing 13-01-2013.xls   107 KB | 189 downloads
  • #943
  • Jan 15, 2013 1:51am Jan 15, 2013 1:51am
Quoting tafadzwa02
You are sadly right.I have started again , and this time its serious business , no more silly trades, bring on the f**ing Beast, I am ready for the M**ther F**cker!!!!.I will pick myself up and keep on fighting this monster.I have seen it all now that's why I have changed the name of my Explorer to Bruised and Battered.
Please check the revised Projection Spreadsheet.I have changed the formulas depending on my psychology and my experience so far.Looks like I have gone back to BASICS.BTW - Eur Usd , I would not have got this experience...
no comment
can you tell us something more about your mm? I bet it's 100 pips t/p and no s/l, 100% of your wallet always invested - very wise, very good system, you can sell your house now and invest all the money in forex
On my way to financial independence - if others can do it - I can do it
  • #944
  • Jan 15, 2013 7:05am Jan 15, 2013 7:05am
The BEAST is cold and always remains silent. Hardly a man ever gets the better of it.
  • #945
  • Jan 15, 2013 8:20am Jan 15, 2013 8:20am
Quoting duyk20
The BEAST is cold and always remains silent. Hardly a man ever gets the better of it.
How are you dealing with this BEAST?

I will state a few points from my experience so far

1. The Market is capable of doing ANYTHING
2. No matter what you do, never think you know what this BEAST will do next.
3. Keep it simple e.g. set your targets to 50 pips per week MAXIMUM
4. The market RANGES more than it trends, so if you are a RANGE Trader, you have a higher chance of winning.
5. Even though point 4 is true, whatever it is NEVER go against the main trend of the timeframe you are trading. e.g. if you trade Hrly , you need to look at 4Hrs, Daily and Weekly as your Guide .
6. Never Underestimate the Weekly and Monthly Pivot Levels, especially if there is a moving average on that pivot point
7. Don’t keep looking at the Graph; you end up trading against your set trades.
8. Every time I have wiped my account it’s because of ONE reason.
I TAKE A TRADE THAT I DID NOT INTEND TO TAKE THEN IT LOSES AND I GET ANGRY TO THE POINT OF NO RECOVERY
9.The above point simply summarizes what everyone talks about i.e. Patience .Wait for the market to give you a perfect set up otherwise DON'T Trade

Above all, be warned.

THIS BEAST IS COLD, SILENT AND HAS NO MERCY

  • #946
  • Jan 18, 2013 11:13pm Jan 18, 2013 11:13pm
Clearly, the Beast gets the better off the man again...
  • #947
  • Jan 19, 2013 8:00am Jan 19, 2013 8:00am
Quoting duyk20
Clearly, the Beast gets the better off the man again...
It's not that , to be fair , it's more the fact that I normally hit my target on a Monday then the rest of the days become a bore and I end up trading more and more and risking more .I am working on this part now.
  • #948
  • Jan 19, 2013 9:13am Jan 19, 2013 9:13am
Quoting tafadzwa02
It's not that , to be fair , it's more the fact that I normally hit my target on a Monday then the rest of the days become a bore and I end up trading more and more and risking more .I am working on this part now.
Be flexible. Don't have fixed target.

Have a setup, follow it suit. When the chance appear, get in; when there's no chance, stay out. Just simple as that.
  • #949
  • Jan 20, 2013 2:24pm Jan 20, 2013 2:24pm
Quoting duyk20
Be flexible. Don't have fixed target.

Have a setup, follow it suit. When the chance appear, get in; when there's no chance, stay out. Just simple as that.
I am being true to myself and giving it one LAST chance.I know I am good at this and I am letting myself down.fixed targets work and I have done that before and it worked.I went from £5k to £50k only to lose it in the same way and this was about 3 years or so ago.If this does not work out this time , I just have to give up.

ONE LAST CHANCE
Last Push Projection sheet is attached

Attached File(s)
File Type: xls Actual Vs Projection-Week Commencing 20-01-2013.xls   320 KB | 192 downloads
  • #950
  • Jan 29, 2013 12:02am Jan 29, 2013 12:02am

TIP OF THE WEEK
Never trade when in doubt.The market is ALWAYS at an advantage over you , so when you are not sure of a trade , leave it because you have a greater chance of losing that trade , after all , even when you are 'certain' you sometimes lose as well , so why trade when you are not even 'certain'?

Happy Trading


Please find attached this week's .xls

Attached File(s)
File Type: xls Actual Vs Projection-Week Commencing 27-01-2013.xls   320 KB | 185 downloads
  • #951
  • Jan 31, 2013 6:05am Jan 31, 2013 6:05am
The worst feeling is having the market hovering around your stop for 2 F***NG days !!!if it wants to go up , let it , otherwise stop playing with my brains
  • #952
  • Feb 5, 2013 12:00pm Feb 5, 2013 12:00pm
This BEAST is quite something!!.I will keep going , please find attached last week's results , it's not looking good this week again
Attached File(s)
File Type: xls Actual Vs Projection-Week Commencing 02-02-2013.xls   325 KB | 217 downloads
  • #953
  • Feb 5, 2013 1:48pm Feb 5, 2013 1:48pm
why does the market moves so fast when you are losing?
  • #954
  • Feb 8, 2013 5:47am Feb 8, 2013 5:47am
One thing I don't like about this market is
a) you put a buy or sell limit and the market just comes close and runs without even triggering your WINNING trade
b)when you get a signal and you are confident the signal will win , it doesn't but when you get another signal and you are not confident it will win and you leave it , guess what ? it was going to be a winning trade
c) When you trade and you have a set target , the market doesn't get to your target , moves closer to it , then comes rushing back to hit your stop before going back to your original target , but you have already lost the trade d) sometimes when you think the market want's to behave like point c) above , you move your stop even further , but the market pursues your stop until it hits it and then comes crushing down to your target
e)when you trade and are very correct with your analysis , the market doesn't move at all for bloody 2 days , just moving within a range of 30 pips , when you get fed up and close the trade , i suddenly moves in your direction and you are out
f) when you trade and its a loser , when you look back there are a thousand reasons why after all it was a loser, the same applies to a winning trade which you did not take , when you look back , there are a thousand reasons why it was a winner after all either way , you always blame yourself whenever you lose .These "reasons" are not always evident when you are looking at the trade , they appear clearly after the event.
The bottom line is , the market is quite difficult , that's why most people I have started trading with in 2009 have quit this game .I guess it is not a bad idea after all Please find attached this weeks spreadsheet .I am quite disappointed
  • #955
  • Feb 8, 2013 6:57am Feb 8, 2013 6:57am
tafa, markets are easy only on strong bull/bear markets, nowhere else.

my life/financial situation looks bad.
In few months I'll probably will have to work like a horse on 2 full times (which is possible and I was working up to 20hrs a day in my life but exhausting like hell and kicks your head badly), as my family's circumstances may change. That's why I was trying to get into trade with real cash - only 100Quid on the beggining with intention to add more if all goes good (up to about 10k), but still a real cash. and I broke my rules, lost 60% of it within 2 days, by greed and revenge.
I broke my rule of not trading at work (already deleted links to broker site from my work computer) and by revenge. When I've seen that EUR/JPY went down so bad I was sure it is time for long. but it's not ;-)
I guess I wanted it too bad. Closed the positions and not trading today. I know that If I'll be disciplined I will get it back in 2 months.
Still think like a life looser in every aspect of my life
On my way to financial independence - if others can do it - I can do it
  • #956
  • Feb 8, 2013 7:01am Feb 8, 2013 7:01am
the weird thing is that I know how to be profitable, but my impatient and weakness kills me
On my way to financial independence - if others can do it - I can do it
  • #957
  • Feb 11, 2013 1:13pm Feb 11, 2013 1:13pm
Quoting Eur Usd
the weird thing is that I know how to be profitable, but my impatient and weakness kills me
That's what we are made to believe , We always think , this or that.The bottom line is , no matter what you think , you are at a very big big disadvantage against the market
Its all about blaming yourself , but I want to give you a small challenge , why don't you just be strong enough just for a week and see waht happens , follow only your signal , just for a week and see if you will be celebrating !!
  • #958
  • Feb 11, 2013 1:23pm Feb 11, 2013 1:23pm
I did 70% of profit today, on EJ only ;-)
On my way to financial independence - if others can do it - I can do it
  • #959
  • Feb 11, 2013 1:27pm Feb 11, 2013 1:27pm
Quoting Eur Usd
tafa, markets are easy only on strong bull/bear markets, nowhere else.

my life/financial situation looks bad.
In few months I'll probably will have to work like a horse on 2 full times (which is possible and I was working up to 20hrs a day in my life but exhausting like hell and kicks your head badly), as my family's circumstances may change. That's why I was trying to get into trade with real cash - only 100Quid on the beggining with intention to add more if all goes good (up to about 10k), but still a real cash. and I broke my rules, lost 60%...
Aren't we all are in the same situation? I would like to give a small tip , might not be the best person but trust me , this thing is tough, especially if you desperately want the cash.This thing is there to literally 'eat' peoples money , its a business , for the rich to `siphon the little hard earned cash that you are left with.Look round you , Bingo , for the old ladies , Bookies for the working class , Casino for the gamblers , Cashino , for those on benefits , and trading/ spread betting for the middle/upper class.At the end of the day its all the same .I have made a final sober decision , If this account gets wiped out , I am never going to come back again , NEVER.However , before I make the decision , I need to give my system a chance and follow it to the letter and see what happens coz , I have to be honest , I haven't followed my system as I should actually do.
  • #960
  • Feb 11, 2013 1:51pm Feb 11, 2013 1:51pm
101% profit done today, when I was expecting about 5%.
regarding to trading, betting, gambling you are right, it is machine to drain people, but there is percent of people who can earn on it even if it was made against them
On my way to financial independence - if others can do it - I can do it
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