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Cutting the cord with M1 scalps

  • #121
  • Mar 27, 2014 9:53am Mar 27, 2014 9:53am
Quoting aahmad29
Demo Testing GU - short at 1.6575 and TP = On initial basis , ist TP=15 pips for all. UJ - Long at 102.02 AJ - Long at 94.10 UC - Long at 1.1100 AC - Long at 1.0235
I just checked the results and here it is

Demo Testing

GU - short at 1.6575 and TP = On initial basis , ist TP=15 pips for all.
UJ - Long at 102.02
AJ - Long at 94.10
UC - Long at 1.1100
AC - Long at 1.0235

GU hit TP - 15 Pips
UJ hit TP - 15 Pips
AJ hit TP - 15 Pips
UC - Hit TP - Detail - Added another position at 1.1080 and set TP = 1.1099
AC - hit TP - 15 Pips

Total = 15 + 15 + 15 + 19 + 15 = 79 Pips
Love for all; Hatred for none.
  • #122
  • Edited Mar 28, 2014 12:14am Mar 27, 2014 1:20pm | Edited Mar 28, 2014 12:14am
Demo Testing _ New Signals_ M15

TP=15 Pips

UC - Long at 1.1053 added another Long at 1.1010
EU - Missed the signal - otherwise Hit TP

I will update if there are more signals and i am on screen.
Love for all; Hatred for none.
  • #123
  • Mar 28, 2014 8:02am Mar 28, 2014 8:02am
My worst week yet. Need to keep emotion in check. Getting tougher. I sometimes wonder if I do not have some sort of mental block against my own success. I am not doing well at anything right now.

Of course, price is going in my direction, after I took the loss.......
Attached Image (click to enlarge)
Click to Enlarge Name: audjpym1.png Size: 54 KB
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #124
  • Mar 28, 2014 10:04am Mar 28, 2014 10:04am
Quoting aahmad29
Demo Testing _ New Signals_ M15 TP=15 Pips UC - Long at 1.1053 added another Long at 1.1010 EU - Missed the signal - otherwise Hit TP I will update if there are more signals and i am on screen.
Two Trades were open.
Long at 1.1053 added another Long at 1.1010

Closed both trades at 1.1054

Trade 1 = 0 Pips

Trade 2 = 43 Pips
Love for all; Hatred for none.
  • #125
  • Mar 28, 2014 10:48am Mar 28, 2014 10:48am
Last one of the week. At least I ended on a positive trade. Horrible week however. Based on PA at 95.20 and the candle there. Exit based on H1 TMA and 50 SMA.
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Click to Enlarge Name: audjpym1.png Size: 51 KB
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #126
  • Mar 31, 2014 7:57am Mar 31, 2014 7:57am
I seem to have picked up where I left off last week....frustration. It seems so easy. I only need to identify one HPT that will score 5 points. Does not seem that hard, does it. I have a way of making things harder than they should be! It will hit the 95.45, my original target. I am sure of it. Oh well. Off to the asphalt and steel jungle.
Attached Image (click to enlarge)
Click to Enlarge Name: audjpym1.png Size: 55 KB
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #127
  • Edited 8:49am Mar 31, 2014 8:34am | Edited 8:49am
TIME FRAME - M15

Some trades are triggered - TP1 =15 PIPS, TP2 IS LOWER BAND

EURUSD - SHORT AT 1.3785
Love for all; Hatred for none.
  • #128
  • Mar 31, 2014 8:45am Mar 31, 2014 8:45am
This chart is for the AUDJPY. I've changed my grid to lines @ the quarter levels and then instead of 12.5 I made them 6.25 to show you another level as well. I don't trade with those on there, but I know you have lines drawn 5 pips on either side of the levels - so this is just a different variation. I drew yellow boxes around the 12.5 areas to highlight them. Just some thoughts on how I saw price behaving on this pair. When I've gone through a funk - I will scale down my lots big time until I get the kinks worked out. No sense in being stubborn about having to attain some goal - when all I'm doing is giving away money. Once I get on the right side of things - then I'll start increasing my size. Protect your inventory!

Mongolian
Attached Image (click to enlarge)
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  • #129
  • Mar 31, 2014 8:50am Mar 31, 2014 8:50am
Quoting aahmad29
time frame - m15 some trades are triggered - tp1 =15 pips, tp2 is lower band eurusd - short at 1.3785
tp1 hits. Lets see where tp2 will hit.
Love for all; Hatred for none.
  • #130
  • Apr 1, 2014 11:05am Apr 1, 2014 11:05am
A long way to go and a short time to get there. I dug deep on my drawdown. It was a coming to Jesus moment. The patience of a saint and the precision of a sniper....or something like that. This is what is needed. only 2 trades today. I am really trying to pay better attention to the quarters and mid levels. I removed the 5 pip borders at the quarters. Up 3% percent today. This is what I needed. I took the second trade based on longer term resistance looking at the M15 chart. I took the first trade after a retest of the quarter at 95.75. The MAs aligned on M1, M5, and M15, so I took it short. Took the 2% and got out.
Attached Image (click to enlarge)
Click to Enlarge Name: audjpym1.png Size: 68 KB
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #131
  • Apr 1, 2014 11:40am Apr 1, 2014 11:40am
I think I got to impatient at the end of last month. I had a horrible month at the dealership and was kicked around a bit by the other sales force (You cannot be nice and make money as a car salesman). I need to slow down with my charts. Zooming out does help. I picked up on that with Mongo's charts.

Also, going over my trades in this thread, I see that I am still a counter trend trader. I have taken a few trend trades, but it seems I am usually going against the prevailing wind. I need to increase my confidence in going with the current move by taking continuation trades.:nerd:
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #132
  • Apr 2, 2014 10:41am Apr 2, 2014 10:41am
Well, I was playing tag with my two youngest last night at the park. It was getting dark. I only had to tag my son one more time then home bound. God had other plans. Instead of tagging my son my face tagged a 1 x 8 that was part of the park. It was dark enough that I did not see it. Ouch. I broke my nose and my glasses. I cannot see to trade so I will be MIA for a bit. I am not sure how I am going to get new glasses. No store will let their frames near my face with the gash across my nose. LOL. Good trading to everyone.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #133
  • Apr 2, 2014 11:26am Apr 2, 2014 11:26am
Quoting capstone
Well, I was playing tag with my two youngest last night at the park. It was getting dark. I only had to tag my son one more time then home bound. God had other plans. Instead of tagging my son my face tagged a 1 x 8 that was part of the park. It was dark enough that I did not see it. Ouch. I broke my nose and my glasses. I cannot see to trade so I will be MIA for a bit. I am not sure how I am going to get new glasses. No store will let their frames near my face with the gash across my nose. LOL. Good trading to everyone.
OUCH! Being a good dad can take its toll! I did something similar when my oldest was little - we were playing tag/hide and seek at a local park which has this huge wooden fort structure. I was trying to sneak across a walkway, had my head down and I cracked my head on the opening. Didn't break anything, but it did take me to my knees. I down, holding my head, had my eyes closed. Next thing I know - I hear little footsteps running over... "Are you OK Dad?" Um, no buddy, I am not. I feel your pain my friend. Get well soon!
  • #134
  • Apr 2, 2014 11:47am Apr 2, 2014 11:47am
Quoting aahmad29
TIME FRAME - M15 Some trades are triggered - TP1 =15 PIPS, TP2 IS LOWER BAND EURUSD - SHORT AT 1.3785
TP2 is also hit at 1.3765

TP1=15
TP2=20

Couldn't get time to add another short at 1.3817.
Love for all; Hatred for none.
  • #135
  • Apr 2, 2014 11:48am Apr 2, 2014 11:48am
EURUSD

New Long entry at arrow in screenshot at 1.3761. Later i can add another long.

TP1=15 Pips

TP2 = Upper Band
Attached Image (click to enlarge)
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Love for all; Hatred for none.
  • #136
  • Apr 2, 2014 11:51am Apr 2, 2014 11:51am
Quoting capstone
Well, I was playing tag with my two youngest last night at the park. It was getting dark. I only had to tag my son one more time then home bound. God had other plans. Instead of tagging my son my face tagged a 1 x 8 that was part of the park. It was dark enough that I did not see it. Ouch. I broke my nose and my glasses. I cannot see to trade so I will be MIA for a bit. I am not sure how I am going to get new glasses. No store will let their frames near my face with the gash across my nose. LOL. Good trading to everyone.
Your system is amazing so far. I have added another Long entry at EU and this time i will follow it.
Love for all; Hatred for none.
  • #137
  • Apr 2, 2014 3:00pm Apr 2, 2014 3:00pm
Quoting capstone
Well, I was playing tag with my two youngest last night at the park. It was getting dark. I only had to tag my son one more time then home bound. God had other plans. Instead of tagging my son my face tagged a 1 x 8 that was part of the park. It was dark enough that I did not see it. Ouch. I broke my nose and my glasses. I cannot see to trade so I will be MIA for a bit. I am not sure how I am going to get new glasses. No store will let their frames near my face with the gash across my nose. LOL. Good trading to everyone.
Sorry to hear that i did not read your post first. Get well soon and come back for trading and grab some money from banks.
Love for all; Hatred for none.
  • #138
  • Apr 2, 2014 3:33pm Apr 2, 2014 3:33pm
Thanks mongo and aahmad. Hopefully I will be at it by Monday.

aahmad, I am glad to see you getting use out of the first chart I posted here. You are trading differently than I had, but that is what makes FX so cool. Lots of similarities to life there...Anyway, feel free to post. You can probably lose the ribbon and 70 MA, you are not using them. You can probably lose the M15 TMA too. Those things were used because I was trading on a M1 chart and they were important parts. They only clutter your chart. Just a thought. Also, you might be able to avoid some drawdown before profit if you wait for the Babon to turn white on a long or red on a short.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #139
  • Apr 2, 2014 9:52pm Apr 2, 2014 9:52pm
Quoting capstone
Thanks mongo and aahmad. Hopefully I will be at it by Monday. aahmad, I am glad to see you getting use out of the first chart I posted here. You are trading differently than I had, but that is what makes FX so cool. Lots of similarities to life there...Anyway, feel free to post. You can probably lose the ribbon and 70 MA, you are not using them. You can probably lose the M15 TMA too. Those things were used because I was trading on a M1 chart and they were important parts. They only clutter your chart. Just a thought. Also, you might be able to avoid...
Actually i don not want the traders to limit themselves. If traders want to use MA then they can use. Actually i was taking concept of multiple open positions from SonicR but i found that if i use your system then there will be less number of open positions and it could be more efficient.
Love for all; Hatred for none.
  • #140
  • Apr 3, 2014 10:48am Apr 3, 2014 10:48am
Quoting aahmad29
EURUSD New Long entry at arrow in screenshot at 1.3761. Later i can add another long. TP1=15 Pips TP2 = Upper Band {image}
Target achieved.

http://www.forexfactory.com/showthre...84#post7381884
Love for all; Hatred for none.
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