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Xandi mysterious Pyramid

  • #661
  • Jul 24, 2013 7:13am Jul 24, 2013 7:13am
I took a bad trade this morning at Asian session (buy AU at 9267, yeah right at a top of M15 chart, i know ) and after that news dragged price down about 70 pips. I have a pyramid right below but wasn't trigger. Let's see how it goes at NY open.
  • #662
  • Jul 24, 2013 7:39am Jul 24, 2013 7:39am
AUD / USD position and pendings open,
last trades no pyramid, first position allways hit TP, Pending yesterday overnight also hit TP.

one open Trade ATM.

have a nice week.
just do it
  • #663
  • Jul 24, 2013 11:00am Jul 24, 2013 11:00am
Quoting xixi
I took a bad trade this morning at Asian session (buy AU at 9267, yeah right at a top of M15 chart, i know ) and after that news dragged price down about 70 pips. I have a pyramid right below but wasn't trigger. Let's see how it goes at NY open.
hmm.. had a chance to close at BE but was greedy
the second pyramid is ready
  • #664
  • Jul 24, 2013 11:08am Jul 24, 2013 11:08am
if you have a pyramid with suboptimal entries it is better to close it BE than to make a loss...

just take a look at my TE
just do it
  • #665
  • Jul 24, 2013 11:16am Jul 24, 2013 11:16am
Quoting thodie
if you have a pyramid with suboptimal entries it is better to close it BE than to make a loss... just take a look at my TE
Yeah, that's right. I already set TP at BE but finally I changed it. Need to be more disciplined.
Thanks for your advice!
  • #666
  • Jul 24, 2013 4:26pm Jul 24, 2013 4:26pm
Quoting Tomoney
Besides this audnzd trades I reentered long audusd in the morning. Bought @ 92358 with standard TP of +30 pips. In bad case (what is in pyramid system a good case No.2) I have pending buy 90 pips lower, so let it go where it wants to be
Pending is now an opened trade - started pyramid.
  • #667
  • Edited 7:28am Jul 25, 2013 7:13am | Edited 7:28am
Hey guys! Nice to see you active here! Done another pyramid,look to my last 2 trades..was perfect, 90 pips gap by the book, reccomended to vavation...I even didn,t know I had it open, i changed the tp before sleep, and wake up on profit, as expected...the Tp was find like that 9320 on daily, but this time on hourly Tf=9180..
Take care, pyramid brothers
  • #668
  • Jul 25, 2013 7:50am Jul 25, 2013 7:50am
Quoting Tomoney
{quote} Pending is now an opened trade - started pyramid.
Hit TP here. Have a look at the ticket
Attached Image (click to enlarge)
Click to Enlarge Name: Bez tytułu.png Size: 6 KB
  • #669
  • Jul 25, 2013 2:40pm Jul 25, 2013 2:40pm
exit pyramid trades with a little profit
have a nice weekend!
just do it
  • #670
  • Jul 25, 2013 3:23pm Jul 25, 2013 3:23pm
Quoting thodie
exit pyramid trades with a little profit have a nice weekend!
Nice profit thodie Congrats!
  • #671
  • Jul 25, 2013 6:22pm Jul 25, 2013 6:22pm
thank you very much. You too!
just do it
  • #672
  • Jul 25, 2013 10:20pm Jul 25, 2013 10:20pm
Quoting xixi
I took a bad trade this morning at Asian session (buy AU at 9267, yeah right at a top of M15 chart, i know ) and after that news dragged price down about 70 pips. I have a pyramid right below but wasn't trigger. Let's see how it goes at NY open.
My entry is not good but this is pyramid, so I still end up with +5%. My first live pyramid
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-07-26-01-audusdm15.png Size: 71 KB
  • #673
  • Jul 26, 2013 2:48pm Jul 26, 2013 2:48pm
Quoting xixi
{quote} My entry is not good but this is pyramid, so I still end up with +5%. My first live pyramid {image}
Was the entry on the first long bad because it was in the cloud?
  • #674
  • Jul 26, 2013 2:48pm Jul 26, 2013 2:48pm
Congratulations btw : )
  • #675
  • Jul 26, 2013 4:36pm Jul 26, 2013 4:36pm
^^ first entry wasn´t that good because it was the finiesh of the retracement => that should be an exit.

i (and i quess xandi and tomoney too) use 4h and above TF to determine above/in/below cloud.

nevertheless 5% with one pyramid is great
i needed 2 weeks for the same return.
just do it
  • #676
  • Edited 7:01pm Jul 26, 2013 6:47pm | Edited 7:01pm
Yeahhh! That,s the way i like, great disciples of Pyramid!
xixi, there,s no bad entrys, since specialy if on daily is far away from cloud and approuching...,but 4peeps reminded well,if was talking like thodie say on 4h tf above..even so, its good sand to build!
now you wait retrace 50 pips from last high amd reenter again..rolling&rolling...
ps: algarve is the sea/fish food paradise,and hot summer beaches...if i had EA here, i would trade..in this conditions is difficult...target 9400@audusd
Happy congrats you bro's
  • #677
  • Edited 8:43pm Jul 26, 2013 7:11pm | Edited 8:43pm
Thodie,ive been watching, what a great week you had! 250 pips, few pyramids needed! You know what it is! You getting confidence on the system! Beware of the man with a plan!
  • #678
  • Jul 26, 2013 7:14pm Jul 26, 2013 7:14pm
you enjoying with hot summer and sea food!!! just want to thank you. as I adopt one of your idea, which save me two time i.e no stop loss but add a position and close it brake even. I leave the demo and first week of live. it is sweet 150% on very low fund going to with draw the profit so now house money is to play for.
best regards.
don't predict direction, but dance with flow of water
  • #679
  • Jul 26, 2013 7:26pm Jul 26, 2013 7:26pm
In the future you will also adopt the low leverage on first brick you build!(3:1 or 5:1 on 200:1 account) Soon...rules bro, in order to nothing goes wrong!congrats..go easy...thanks bro!
Quoting priceaction1
you enjoying with hot summer and sea food!!! just want to thank you. as I adopt one of your idea, which save me two time i.e no stop loss but add a position and close it brake even. I leave the demo and first week of live. it is sweet 150% on very low fund going to with draw the profit so now house money is to play for. best regards.
  • #680
  • Jul 27, 2013 8:23am Jul 27, 2013 8:23am
Quoting xandi
Thodie,ive been watching, what a great week you had! 250 pips, few pyramids needed! You know what it is! You getting confidence on the system! Beware of the man with a plan!
thank you xandi,

yes i get more confidence, especially with the entries, thinking about to raise initial position size to 1.5 of account size.

regards thodie

nice weekend to all pyramidators
just do it
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