TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
C-12's Supply, Demand and PA thread
- #2,543
- Jul 11, 2013 10:18am Jul 11, 2013 10:18am
- Joined Jun 2012 | Status: Signed In | 5,309 Posts
Finally someone hitting up on the m1. 
Many have tried and given up prematurely. These low range days are great for scalping.
Many have tried and given up prematurely. These low range days are great for scalping.
- #2,546
- Jul 11, 2013 11:59am Jul 11, 2013 11:59am
- Joined Apr 2011 | Status: Hiroshima and Nagasaki | 8,060 Posts
Cheers, was a decent one. All done now before the missus kills me. {image}
a lot of learning from you.
looking for investors . pm me
- #2,547
- Jul 11, 2013 12:02pm Jul 11, 2013 12:02pm
Finally someone hitting up on the m1.
Could you please say something about the trade at approx 14:20 @ approx 1.30645. This is a supply zone which has been hit a few times already today. What indications allow you to sell here again? It also appears that you sell before the almost bearish engulfing (second candle) closes.
Thanks
- #2,548
- Edited 2:40pm Jul 11, 2013 2:28pm | Edited 2:40pm
- Joined Jun 2012 | Status: Signed In | 5,309 Posts
{quote} C-12, Could you please say something about the trade at approx 14:20 @ approx 1.30645. This is a supply zone which has been hit a few times already today. What indications allow you to sell here again? It also appears that you sell before the almost bearish engulfing (second candle) closes. Thanks
Could quite easily have taken me out for a small loss. My win rate is about 50% but did great today by catching some nice runners.
- #2,549
- Jul 11, 2013 4:10pm Jul 11, 2013 4:10pm
{quote} Price was held up at that zone and DX was stuck at an M5 level. Also EURLFX was at a zone so it gave me a bit more confidence it was a decent place to get short. Could quite easily have taken me out for a small loss. My win rate is about 50% but did great today by catching some nice runners.
Ok thanks. One thing that concerns me is the reluctance to show the bad trades. I find this a lot with those who have come from the Red (PIE) stable. Coupled with Ken's highlighting of demo trades (doubled or tripled etc etc), it starts to promote the idea that this is all very easy. Anyone can double, triple or whatever a demo account. And here now you clarify that you are using other information DX, EURLFX etc etc, and for other currencies you may include other data.
I once saw Julexo enter a trade. The trade went against him dramatically. But he did not update the status of that trade. I asked about his stop loss, but he could not even admit that the trade hit a stop loss, if he even had one.
There is something that concerns me greatly when such 'promotion' takes place, and there is lack of transparency.
- #2,550
- Edited 5:52pm Jul 11, 2013 5:04pm | Edited 5:52pm
- Joined Jun 2012 | Status: Signed In | 5,309 Posts
{quote} The wink is very interesting. Ok thanks. One thing that concerns me is the reluctance to show the bad trades. I find this a lot with those who have come from the Red (PIE) stable. Coupled with Ken's highlighting of demo trades (doubled or tripled etc etc), it starts to promote the idea that this is all very easy. Anyone can double, triple or whatever a demo account. And here now you clarify that you are using other information DX, EURLFX etc etc, and for other currencies you may include other data. I once saw Julexo enter a trade. The trade...
Anyway, here's the statement from today. All 0.25 lots and plenty of losers in there.
As for J sure he gets losers too but I trade with him a bit and I can say 100% he's an excellent trader. He will cut losers faster than you can blink.
- #2,551
- Jul 12, 2013 3:16am Jul 12, 2013 3:16am
{quote} Well if this was that easy I'd be a millionaire by now and not demo testing stuff or on here.
First of all please note that there is nothing personal in this :-) I think I have already made it clear that I admire and respect you. Also, I know you are live now and I do not want to drag this out and detract you from your live trading! Perhaps a little frustration spilled over :-) So thanks for the trade summary. I wish you continued success!
Regards,
- #2,552
- Jul 12, 2013 3:19am Jul 12, 2013 3:19am
- Joined Apr 2011 | Status: Hiroshima and Nagasaki | 8,060 Posts
{quote} Well if this was that easy I'd be a millionaire by now and not demo testing stuff or on here.
looking for investors . pm me
- #2,553
- Jul 12, 2013 3:27am Jul 12, 2013 3:27am
- Joined Jun 2012 | Status: Signed In | 5,309 Posts
{quote} First of all please note that there is nothing personal in this :-) I think I have already made it clear that I admire and respect you. Also, I know you are live now and I do not want to drag this out and detract you from your live trading! Perhaps a little frustration spilled over :-) So thanks for the trade summary. I wish you continued success! Regards,
I'm not selling anything here, just your'e average unemployed bum looking to try and make some income here. It's not easy but I do believe it is possible with a lot of hard work and screen time.
Anyway. Here's a chart with a loser on it. Took a buy, didn't hold and then took a sell and recovered it.
- #2,554
- Jul 12, 2013 7:39am Jul 12, 2013 7:39am
{quote} Well if this was that easy I'd be a millionaire by now and not demo testing stuff or on here.
- #2,555
- Jul 12, 2013 7:41am Jul 12, 2013 7:41am
- Joined Jun 2012 | Status: Signed In | 5,309 Posts
{quote} Youre trading 107 trades in one day? :O!!!!
