TBN / PATe - my experience/Your FREE opportunity

just back from holiday

oils stuck in range this morning

will take a look later

Speed

Found WTI a bit arkward today so mostly sat on my hands, observing as a bit rusty.

Heres my only trade today for +4.8% of account

The Blue line is PP from Live Charts

Speed

Missed trade today due to distractions

Essentially high on open blocked move up and $84 blocked move down.

Entries on HLs above $84/low to buy.

High/$84.50 brokeout and the prev R turned to support and you have similar price action as HHs became dominant

Classic move and dissapointed i missed it

Speed

I was frustrated missing the big moves earlier today.

I tried trading when oil made todays high and it all got a bit messy and choppy, so took some losses. This is all part of trading but onwards and upwards

Here are two late trades to finish off the day

+0.5% for the day, and should have been much better



Regards

Speed

Both WTI and Brent lined up today.

Initial support overcome as price could not extend opening session high.

Looked for $100 to give way, followed by DP @ $99.79, waited for retrace and shorted on LHs under $100.

Made ground well initially but MP appeared to be blocking, should have ignored this and focused on the LHs under the DP so a mistake to exit

I was up about +23 and had I stayed in I would now be up about +40

Small gain in account

Will post chart in sec

Speed

I took the holiday. Had a look at the chart now and glad I did.

Not around for opening session as was a lovely setup

Managed to get in later for +61, i thought it was more, as my pip counter indy had indicated +98 when trying to make new highs, when I closed was showing about +80 but lost a few more closing out

As it was quite bullish I had moved TP up thinking it was gonna to keep going.

Heres my chart

This afternoons trades post Oil Invs

WTI - short @ 87.78 (stop behind $88)
Brent - short @ 101.24 (stop behind MP)

things were going well but looked like a lot of support below blocking both trades move down so mentally the retrace got to me and i exited. They failed on retrace and my stops were save so I should be up about 90 pips now

Charts below

Speed

Hello all,
I've just discovered Julie's method of trading and find it very interesting although reading through the method of trading instructions etc. I must admit that I didn't really grasp everything that she writes.... I have searched for instructions going into more detail but can't find any!
For instance, there are one or two on here referring to a membership course that Julie runs, could anyone point me in the right direction to join?

Any info. on this would be appreciated, thanks in advance.

Regards, Gary.

Long entry post Oil Invs once $89 comfirmed support with HLs.

R1/BRN $89.97 resistance so exited +52

Looking for possible re-entry

edit:

WTI - long again when price held above $89.50, LHs under again so traded out about +19
Brent - long on HLs above $104.50 and this failed as well so exited +21

did u find it ok?

Speed

what the hell Art!?!?!

Hope it'll be ok in the end...

Hi Gents,

Im new to this forum and completely new to trading but id like to learn.

I'm currently working my way through baby pips.

I've also been looking into Pate and wondered if anyone is still using the system and if so, could they give some advice on starting out.

I have taken the information from the web site and produced a file so that i can refer to it when needed which has been advised.

What i'd really like to know is what spread company people use and could recommend ( I seem to have trouble locating WTI crude in particular which seems to be a pate favourite) as id like to get used to a demo account.

Thank you for any help.

Hi v7nny


Try Capital Spreads for Demo and GKFX FOR LOW STAKES (.10P)


Read More Money Review Site

Forgot to mention Dadas Thread on FF FOR S/R

Thank you for your help.

Seems petty quiet on this thread, I have experience of PATe and will interested in comparing notes

Hi all, just gone live with PATe, would love to see some more action on this thread.

Just got stopped out on GBP/JPY. Thought it was a good setup.

Hi,
OK. I think I've managed to decipher the chart.
What's the square for?
Is the time BST?
Can you give me some numbers?
What price did you enter? (18190?)
Time of entry? (07:00BST?)
Where was your stop?

At a guess I'd say you bought too close to the high but I need more info.

I think my grey matter has figured it out.
The chart time is BST. You bought at 07:27 during the opening sequence (07:00 - 07:30). Why did you do that?
You also broke the 'no buying at the high' rule. I will guess that you thought it's a Rule4Buy and it's going up so I will buy.
The no buying at the high rule is there for a reason, the same reason that 'no selling at the low' is there.
REASON: How can you know price will continue to rise/drop?
You can buy close to the high when price action has shown that market is heading up.

The move down from 07:30 should have told you it was not rising easily--and why would you want to be long when the market is struggling to rise?
Possible sell entry at 07:55. I left it until 07:59, covering the high.
At least you didn't widen the stop!

Next entry (SELL) close to low was at 08:55. Price broke through 18150 then made Lower Highs 08:45, 08:55.
Entry close to the low so needed monitoring.

I hope you're at the equivalent of 10p/pip and you are showing a profit on demo else I would head back to demo and re-read the PATe "manual" because it is odd that you have decided to go live, matey, but made 2 basic errors.