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  • #10,741
  • Mar 14, 2013 4:25am Mar 14, 2013 4:25am
Ok, I posted my GU trade in the TMS thread. If you are interested, go and read it there.
I do not want to duplicate the post here and there.

Thanks.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,742
  • Mar 14, 2013 4:30am Mar 14, 2013 4:30am
It seems that we drew the same trendlines But yes, I did not have a trade plan. Should not trade
  • #10,743
  • Mar 14, 2013 12:09pm Mar 14, 2013 12:09pm
Great day today! Made 30 pips on the first trade, and 80 pips on the second one. Studying old charts really pays off! Just need to stick to the trading plan and stay positive!

EUR/USD 1h
Attached Image
  • #10,744
  • Mar 14, 2013 1:45pm Mar 14, 2013 1:45pm
Did not wake up for New York. Missed several setups

London Close

London P/L:40
New York P/L: NA

Daily total40

Aggregate Trades: 26
Aggregate P/L: 128
  • #10,745
  • Mar 14, 2013 9:39pm Mar 14, 2013 9:39pm
Quoting surfac
Great day today! Made 30 pips on the first trade, and 80 pips on the second one. Studying old charts really pays off! Just need to stick to the trading plan and stay positive!

EUR/USD 1h
Attachment
I like your style... Just similar to Phx62. Keep it up.

I'm still learning... with decent result. Last night trade UJ 35pips.

Here's the graph. http://www.forexfactory.com/attachme...1&d=1363299991
Banker please return my pipins.
  • #10,746
  • Mar 15, 2013 2:28am Mar 15, 2013 2:28am
Quoting Babyboy
I like your style... Just similar to Phx62. Keep it up.

I'm still learning... with decent result. Last night trade UJ 35pips.

Here's the graph. http://www.forexfactory.com/attachme...1&d=1363299991
Well done my friend!

Yeah I've been studying Phx62's old charts and forum posts, and learned a lot. Hope I'll get as good as he is some day
  • #10,747
  • Mar 15, 2013 3:08am Mar 15, 2013 3:08am
London open

EUR.USD: long
GBP.USD: long
USD.CHF: short
GBP.JPY: long
Attached Image(s) (click to enlarge)
Click to Enlarge Name: mar 15 london open eur.usd h.1.png Size: 49 KB
Click to Enlarge Name: mar 15 gbp.usd london open h.1.png Size: 43 KB
Click to Enlarge Name: mar 15 london open usd.chf.h1.png Size: 53 KB
Click to Enlarge Name: mar 15 london open gbp.jpy.h1.png Size: 41 KB
  • #10,748
  • Mar 15, 2013 12:35pm Mar 15, 2013 12:35pm
London P/L:80
New York P/L: 0

Daily total80

Aggregate Trades: 30
Aggregate P/L: 208

Next weeks plan

Focus more on EUR.USD
Monitor trades and learn to enter exit based on PA.
Be more selective about entries
  • #10,749
  • Mar 15, 2013 5:25pm Mar 15, 2013 5:25pm
ha Overtake the highest Asian session
45 pips
Attached Image (click to enlarge)
Click to Enlarge Name: tdi 1h.JPG Size: 140 KB
  • #10,750
  • Mar 15, 2013 10:16pm Mar 15, 2013 10:16pm
Yesterday, made a mistake that I see the signal at the early stage.

After London open, the price when up till later in the evening I manage to collect positive pips.
Overally it took more that 8 candles = 8 hours to achieve that. Though it's happy ending, but
telling myself, NO MORE EARLY trade. I dont want to encounter the similar situation. Luckily I was busy
with other thing ( got carried away ).. If not I would have exited when the blue bar form.

So I shorted UJ at 96.125 SL=96.302 TP=95.675 ( 45pips ).
Attached Image (click to enlarge)
Click to Enlarge Name: 2013.03.15 uj.gif Size: 33 KB
Banker please return my pipins.
  • #10,751
  • Mar 16, 2013 1:03am Mar 16, 2013 1:03am
Quoting thomi
ha Overtake the highest Asian session
45 pips
I was about to pull the trigger and entered a buy trade at LO , I saw price clearly broke above Asian High, any I went away from computer, then the second hour priced pulled back , and then where you enterd on the third hour after LO priced made its bullish move and you enterd on the break of Asian High

So what made you did not take the first blue candle ? because I would have maybe take it

Thanks a lot for showing your trade
I Have Learned to Take Some Losses to Make Profits
  • #10,752
  • Mar 16, 2013 7:20pm Mar 16, 2013 7:20pm
Hello TheScorpS ,
I have not taken the first candle because the session was not open london simply the market and often induces error exists in the 1st and 2nd time london. I'm still a beginner with this method, thank you to phx62 which I read the messages over and over again
  • #10,753
  • Mar 16, 2013 10:51pm Mar 16, 2013 10:51pm
Trading plan for this week:

 

  1. Continue to reach target of 100 sample size trades
  2. Continue to standardize recording format for trades
  3. Focus more on EUR.USD
  4. Finish reading posts
  5. Adopt more PA strategies. Currently using Dojis and bullish,bearish candles. Will try to use resistance and supports.
  6. Leave Trading made simple 4H for now. Tackling too much at a time.
  7. Manually adjust SL/TP instead of leaving it to default. (40/40)

  • #10,754
  • Mar 17, 2013 2:15am Mar 17, 2013 2:15am
Quoting tenmilewalk
Trading plan for this week:

 

  1. Continue to reach target of 100 sample size trades
  2. Continue to standardize recording format for trades
  3. Focus more on EUR.USD
  4. Finish reading posts
  5. Adopt more PA strategies. Currently using Dojis and bullish,bearish candles. Will try to use resistance and supports.
  6. Leave Trading made simple 4H for now. Tackling too much at a time.
  7. Manually adjust SL/TP instead of leaving it to default. (40/40)

Good to have a trading plan and put the hard work in following it with discipline, I'm too in the process of writing my trading plan, but it will take time till its born, I'm taking rules by back testing and forward testing, adjusting here and there, looking at trading plan example even though I still have not looked at one which is written for this strategy just as a guide, but anyway memers are here to help which is great ponus, wish you good luck
I Have Learned to Take Some Losses to Make Profits
  • #10,755
  • Mar 17, 2013 4:15am Mar 17, 2013 4:15am
thank you scorps. trading plans are very important.
  • #10,756
  • Mar 17, 2013 8:18am Mar 17, 2013 8:18am
Quoting hupipko
I share the files that I keep update every day, it the might be useful for the beginners.

All the important posts, comments, answers from Phx62.

An extremeley important tool for learning the method, we cannot be thankful enough for his work.

Imre
Hi Hupipko!!!
that's a wonderful effort from u to put together all those important info in the pdf. Thanks a lot yaar...! U r sooooo good!
Started reading it....

thanks!
  • #10,757
  • Mar 17, 2013 12:18pm Mar 17, 2013 12:18pm
Quoting vinforex7
Hi Hupipko!!!
that's a wonderful effort from u to put together all those important info in the pdf. Thanks a lot yaar...! U r sooooo good!
Started reading it....

thanks!
Yes those files from Phx62 are invaluable, his presence will always be here with us whenever we open those files and learn from them, I cant tell how much they have benefit me along with with back testing

Thank you Hupipko
I Have Learned to Take Some Losses to Make Profits
  • #10,758
  • Mar 17, 2013 5:44pm Mar 17, 2013 5:44pm
Hello,
I have studied charts that Phx62 posted I saw in his chart has the yellow line and purple line , he said that support and resistant area , can someone show me which indicator he used in his charts?
Thank you very much!
My
  • #10,759
  • Mar 18, 2013 12:16am Mar 18, 2013 12:16am
Quoting myhong
Hello,
I have studied charts that Phx62 posted I saw in his chart has the yellow line and purple line , he said that support and resistant area , can someone show me which indicator he used in his charts?
Thank you very much!
My
please post that particular chart which you see has the yellow and purple lines.

I don't think Phx62 uses any specific S&R indicator.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,760
  • Mar 18, 2013 2:10am Mar 18, 2013 2:10am
Wait for resist and support to be broken. Wait for PA and TDI to confirm

any advic appreciated
Attached Image (click to enlarge)
Click to Enlarge Name: mar 18 london open gbp.usd h1.png Size: 68 KB
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