Disliked{quote} When you're writing a post at the bottom left is an option to upload an attachment from computer.Ignored
Like others, saw the yen starting to weaken earlier and went long UJ from 97.62
- #26,982
- Oct 29, 2013 8:38am Oct 29, 2013 8:38am
- Joined Jan 2011 | Status: ,,,,, ....,,,,,, | 6,008 Posts
{quote} Trades closed EJ for 37 pips price fail to break below 134.28 with divergences! GJ closed for 96 pips, sold at the reject of 50% and manage to get back to 0! Was looking for a TP 155.80 but same as the EJ couldn't break lower.... I am also still short EU, GU, AU and AJ on 4 hour! Best of luck {image}
.... laughing all the way to the bank
- #26,986
- Oct 29, 2013 8:55am Oct 29, 2013 8:55am
- | Commercial User | Joined Feb 2008 | 1,909 Posts
Bizzle,
Congrat's...
Looks like you had a very nice (L/O).
Works pretty sweet doesn't it!
sj
Congrat's...
Looks like you had a very nice (L/O).
Works pretty sweet doesn't it!
sj
- #26,987
- Oct 29, 2013 9:03am Oct 29, 2013 9:03am
- Joined Nov 2012 | Status: Trader | 2,339 Posts
I Have Learned to Take Some Losses to Make Profits
- #26,989
- Oct 29, 2013 9:29am Oct 29, 2013 9:29am
- Joined Oct 2012 | Status: Trader | 1,813 Posts
{quote} Good choice to close this trade on with +40 pips, looking at the wave and movement of the price, this could be a reversal zone {image}
Wonder if I got this right? BC bounce off the 61.8 fibo... {image}
Long E/U, G/U and short U/C orders triggered while I was in the shower. Forgot to put a buy stop on the correlated EUR/CAD (I would've went long as well) cause I was messing with the order of pair charts.
First pair 30 pips, and other two 15-ish in favour, S/L for Euro at BE, others 50 just for emergency.
Edit - Saw that E/J and C/J bounced. As a rookie I forgot this possibility and didn't put buy stops... Glad it's only demo, so this good lesson is free
First pair 30 pips, and other two 15-ish in favour, S/L for Euro at BE, others 50 just for emergency.
Edit - Saw that E/J and C/J bounced. As a rookie I forgot this possibility and didn't put buy stops... Glad it's only demo, so this good lesson is free
- #26,994
- Oct 29, 2013 9:59am Oct 29, 2013 9:59am
Hi guys and gals I dont want to confuse you but i would like to share a chart to show you how TDI and technical analysis and some patterns can be used to predict market direction. The key is to find areas on the chart where price is likely to turn and then move to a lower timeframe chart and enter once your entry requirements and rules are met. If you rely on technical analysis and price action and use the TDI as a guide and confirmation tool, then its easier to be successful. Look at the number of setups you can find on the chart .... {image}
I always learn lots from you, thank you so much!
Give yourself a chance and trade it like it's layed out...
- #26,998
- Oct 29, 2013 10:43am Oct 29, 2013 10:43am
{quote} Funny I was thinking same thing it's come back to the 50% fib of last move down, I also saw the divergence on the 15min! I am just waiting for the first LH on 15min for entry! Target the same 155.80! Best of luck mate
- #26,999
- Oct 29, 2013 11:04am Oct 29, 2013 11:04am
Ok this method is insane. Now im in the swing of it Im going to pull a 50% acount increase off this month 
I can see why Eelfranz said buy a golden wheel barrow for the pips! Im not even risking much or doing anything outside the method, just tradeing when the signals align on the 4 and 1 hour charts takeing into acount supports/resistances and fundementals.
I had modest expectations starting this system and so far its blown me away.
Now I dont expect to increase my acount 50% every month thats unrealistic ( I think) but just 2-5% would put a smile on my face
But so far im getting a 8/10 -9/10 sucess rate.
One tip even though Im a noob still that I found increased the pass rate was once you make a trade leave it, dont sit there looking at the charts, go off do something else and only check on the next broker update. That helps remove any fear/greed problems. Just let your take profit, stop loss and trailing stops do the work that what they are there for.
O and ideal leverage seems to be 50:1.
I can see why Eelfranz said buy a golden wheel barrow for the pips! Im not even risking much or doing anything outside the method, just tradeing when the signals align on the 4 and 1 hour charts takeing into acount supports/resistances and fundementals.I had modest expectations starting this system and so far its blown me away.
Now I dont expect to increase my acount 50% every month thats unrealistic ( I think) but just 2-5% would put a smile on my face
But so far im getting a 8/10 -9/10 sucess rate.
One tip even though Im a noob still that I found increased the pass rate was once you make a trade leave it, dont sit there looking at the charts, go off do something else and only check on the next broker update. That helps remove any fear/greed problems. Just let your take profit, stop loss and trailing stops do the work that what they are there for.
O and ideal leverage seems to be 50:1.
