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The 3 Elements of a Successful Trader

  • #341
  • Mar 14, 2013 2:51am Mar 14, 2013 2:51am
Ej late buy, cos a bit hesitate
Tp1 taken
Attached Image (click to enlarge)
Click to Enlarge Name: ej 33.gif Size: 14 KB
  • #342
  • Edited 3:53am Mar 14, 2013 3:13am | Edited 3:53am
Hitting resistant 124.85 (yesterday(Y) daily open) above,

plus High Y 125.22 above..
Attached Image (click to enlarge)
Click to Enlarge Name: ej 333.gif Size: 9 KB
  • #343
  • Mar 14, 2013 3:39am Mar 14, 2013 3:39am
Ej Sell now
Attached Image
  • #344
  • Mar 14, 2013 4:00am Mar 14, 2013 4:00am
Quoting Les Lau
Hitting resistant 124.85 (yesterday(Y) daily open) above,

plus High Y 125.22 above..
HY prove to be a better/strong resistant.
Next time will sell @HY instead
Attached Image (click to enlarge)
Click to Enlarge Name: ej 33333.gif Size: 22 KB
  • #345
  • Mar 18, 2013 4:04am Mar 18, 2013 4:04am
Today 1st trade ej sell, stop loss
2nd rebuy entry manage to cover back using RRR >1, end with a net profit
  • #346
  • Mar 18, 2013 4:06am Mar 18, 2013 4:06am
Chart: 1st sell SL, 2nd buy TP
Attached Images
  • #347
  • Mar 19, 2013 2:46am Mar 19, 2013 2:46am
ej: 1 sell + 1 buy now, sell tp1 taken
chart:
Attached Image (click to enlarge)
Click to Enlarge Name: 19.gif Size: 13 KB
  • #348
  • Mar 19, 2013 2:54am Mar 19, 2013 2:54am
usdchf, test out daily open line(OL) trading
Sell @0.9466 (2 pips late entry..)
Attached Image
  • #349
  • Mar 19, 2013 3:37am Mar 19, 2013 3:37am
Quoting Les Lau
ej: 1 sell + 1 buy now, sell tp1 taken
chart:
buy hit SL, sell taken TP2..

Post analysis:
In future for positive hegde, 2nd pos(ition) open only 50-60% of 1st pos(full pos)
  • #350
  • Mar 19, 2013 5:05am Mar 19, 2013 5:05am
Quoting Les Lau
usdchf, test out daily open line(OL) trading
Sell @0.9466 (2 pips late entry..)
This test successful.. TP
  • #351
  • Mar 20, 2013 3:32am Mar 20, 2013 3:32am
UC open line(OL) trading sell @0.9472, TP1 taken
Shift sl bit lower
Attached Image (click to enlarge)
Click to Enlarge Name: cc.png Size: 13 KB
  • #352
  • Mar 20, 2013 5:13am Mar 20, 2013 5:13am
Get out bit too early..
Attached Image (click to enlarge)
Click to Enlarge Name: 333.png Size: 14 KB
  • #353
  • Mar 21, 2013 8:13am Mar 21, 2013 8:13am
Today's ej trade:
Attached Image
  • #354
  • Edited 9:54am Mar 21, 2013 8:21am | Edited 9:54am
Earlier preanalysis, price cut the OL(GMT00:00) nicely before dropping..
Attached Image (click to enlarge)
Click to Enlarge Name: 333.png Size: 13 KB
  • #355
  • Mar 24, 2013 11:06pm Mar 24, 2013 11:06pm
- Frankfurt/Europe open 1st M15 bar is a signal~ Bearish pin bar with long upper wig indicates that price likely to fall(nearing DO/OL)


- If weekly low just 'slightly' below previous day low, we use weekly low instead as support line.
Attached Image (click to enlarge)
Click to Enlarge Name: ej25.png Size: 30 KB
  • #356
  • Mar 25, 2013 1:38am Mar 25, 2013 1:38am
Hi Lau,

I love your simple and clean strategy, I also using similar method like your.

Do you mind to share more about your method?
  • #357
  • Edited 4:35am Mar 25, 2013 3:11am | Edited 4:35am
Quoting ewone
Hi Lau,

I love your simple and clean strategy, I also using similar method like your.

Do you mind to share more about your method?
Tq ewone for appreciation..

Just now for Europe Open 0700~ 1st bearish bar cut from below DO/OL, so sell:
Attached Image
  • #358
  • Mar 25, 2013 4:45am Mar 25, 2013 4:45am
Nice!

what currency did you trade for this strategy?
  • #359
  • Mar 25, 2013 4:52am Mar 25, 2013 4:52am
Just target 1 trade on Fibo 50 retracement.
Attached Image (click to enlarge)
Click to Enlarge Name: EU_250313.JPG Size: 80 KB
  • #360
  • Mar 25, 2013 5:13am Mar 25, 2013 5:13am
Quoting ewone
Nice!

what currency did you trade for this strategy?
Now i mainly trade EJ using this strategy.

Others FX pairs: EU, GU & UJ only for News Trading..
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