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Meanderings

  • #21
  • Aug 15, 2014 6:54am Aug 15, 2014 6:54am
Patience
Its important to have the patiency to learn. Learning takes time. There is no shortcuts, if you dont actually LOOK for them.
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  • #22
  • Aug 15, 2014 9:46am Aug 15, 2014 9:46am
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Kind of like yesterday, i think 26 positions and 23 are +, 3 are -.
The - ones are very small, on those i also used 1/3 the normal lot size. All in all i think the best ROI on one day. I mean to me why should i wait for trades? There is stuff going on all the time.

And i just worked for like 3 hours total.
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  • #23
  • Aug 16, 2014 5:58am Aug 16, 2014 5:58am
Quoting yaed
{image} Kind of like yesterday, i think 26 positions and 23 are +, 3 are -. The - ones are very small, on those i also used 1/3 the normal lot size. All in all i think the best ROI on one day. I mean to me why should i wait for trades? There is stuff going on all the time. And i just worked for like 3 hours total.
Nice work, lets do it all again monday , Okay to place trades in here?
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  • #24
  • Aug 17, 2014 2:49pm Aug 17, 2014 2:49pm
Quoting NoCoolNick
{quote} Nice work, lets do it all again monday , Okay to place trades in here?
Yeah sure put em here.
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  • #25
  • Edited 11:58pm Aug 17, 2014 11:08pm | Edited 11:58pm
Hello WORLD!

I dont know how this wedge/squeeze thing is going to play out, and i dont really care.

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I guess it could either continue dropping, in which case im selling all day after the first big move (30+) has shown the exact calculated retrace. If there is a big buy (30+) after the first big sell, i am selling the buy move as soon as it shows weakness.

If instead there is a big buy (40+) i think i will become very standoffish, because it would take a big fucking move to turn this whole trend thing around. That move can often be so wild that there is little retrace so i wont sell that. Besides, if the trend turns, ill be buying not selling anyway. But, there is also a certain possibility, say .4 that there will be a big buy (40+), that will go through upper S/R and yet it will be smacked down.

Which means if the big moves turns out to be a buy, i wont do anything before i see if its going to hold north of the S/R. If the move turns out to be a sell, im in on the first retrace.

The most probable thing to happen is that price will just dance about inside the S/R in a very boring fashion. I really hope it dont. I think it would be best if it goes down through the S/R, preferably BEFORE lunch. Now im off to make some coffee. I doubt anything of importance will happen meanwhile.

But of course, these are just meanderings, i will do what the PA does.
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  • #26
  • Edited 4:52am Aug 18, 2014 1:12am | Edited 4:52am
Horrible PA.
13:52 This PA is wallowing in its own feces.
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  • #27
  • Aug 18, 2014 11:32pm Aug 18, 2014 11:32pm
Increasing lot size 33% today. Financial freedom, here i come!
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  • #28
  • Aug 19, 2014 11:21am Aug 19, 2014 11:21am
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Shit that was crazy!
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  • #29
  • Aug 19, 2014 11:41am Aug 19, 2014 11:41am
Quoting yaed
{image} Shit that was crazy!
Funny shit..

I mean gee.. remember when 0.1 lots was like making your pulse move. Once i remember i tried a 0.5 lot and it moved against me so fast i chickend out and took the hit, that was scary then. Now putting 10 lots on a trade and it's all about numbers and control, being down $1500 and not blinking.. it's actually then one should remember the 0,05 and 0,1 lots... and the fear then..
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  • #30
  • Aug 19, 2014 11:50am Aug 19, 2014 11:50am
Quoting NoCoolNick
{quote} Funny shit.. I mean gee.. remember when 0.1 lots was like making your pulse move. Once i remember i tried a 0.5 lot and it moved against me so fast i chickend out and took the hit, that was scary then. Now putting 10 lots on a trade and it's all about numbers and control, being down $1500 and not blinking.. it's actually then one should remember the 0,05 and 0,1 lots... and the fear then..
Well you know i went hardcore in those days. I thought there was no point in using demo because i had to learn the hard way. And i did, and FUCK it hurt. During that streak where one was down 225 euros that i closed, i slept maybe 5 hours total in 5 days. You can try to trade after that. Dont work so good. Well after that i started moving away from High TFs.
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  • #31
  • Aug 19, 2014 12:04pm Aug 19, 2014 12:04pm
Im gonna total the books for today before i call it a quits (13 hours work day...)

Thats 23.2 pips total

Just the one looser for 1.3

The only real good ones where 3.7 and 5

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Thats it for today i guess.
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  • #32
  • Edited 8:37am Aug 20, 2014 6:53am | Edited 8:37am
Think i found another piece of the puzzle today.

Of course 1,2,3,4. But then also: Its OK to be in drawdown of a bit, as long as its with the long term trend, because if just keep trading with the long term trend, i will make up the drawdown as i go along with the opurtunities that are presented, as long as i use those opurtunities. And besides, the chance that those trades in drawdown will still become profits are greater then 50% chance, every day.

I think if i do that, i cant loose and in a few years i will have 50 million SEK.

Of course it all has to be done with meticulous attention to MM and entries.

If i make x each day and get x drawdown, and have a 50% every day that the drawdowns will be profits, there is only a slight chance to loose. And if i get into that kind of a trend flip i WILL have the mental stamina to close it a loss.

I guess that is sort of what i have been doing, only not stating it so clearly.
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  • #33
  • Aug 21, 2014 7:30am Aug 21, 2014 7:30am
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  • #34
  • Aug 21, 2014 8:02am Aug 21, 2014 8:02am
Nice work... more than i have yet..

ha... i thought it said 82 pips.... but profit is profit..
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  • #35
  • Aug 21, 2014 11:56pm Aug 21, 2014 11:56pm
Morning northern viking, so whats the play today, playing longs today? I'm still watching this as a hawk, looking for clues for it to turn on me. It could go down and test the bottom, but then i need to protect myself. Friday.. yeeaa..
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  • #36
  • Aug 22, 2014 2:03am Aug 22, 2014 2:03am
Quoting NoCoolNick
Morning northern viking, so whats the play today, playing longs today? I'm still watching this as a hawk, looking for clues for it to turn on me. It could go down and test the bottom, but then i need to protect myself. Friday.. yeeaa..
Im still selling when i get a good chance. Like today.
My signature is: "Classified".
  • #37
  • Aug 22, 2014 2:43am Aug 22, 2014 2:43am
Quoting NoCoolNick
Morning northern viking, so whats the play today, playing longs today? I'm still watching this as a hawk, looking for clues for it to turn on me. It could go down and test the bottom, but then i need to protect myself. Friday.. yeeaa..
Selling and selling.. TP targets 1.3210 1.3200 1.3195.. also buyin in those areas later on.
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  • #38
  • Aug 22, 2014 5:10am Aug 22, 2014 5:10am
Quoting Wheathermakr
{quote} Selling and selling.. TP targets 1.3210 1.3200 1.3195.. also buyin in those areas later on.
I'm not sure we get all the way down there, i have also a lot of 1,320X targets, but we have major demandzone so, my guess we need a retrace before attacking it, thats why i'm long based at the moment.

As things change today i'm gussing we could see 3240 today, and that will be 55 pips on the day, outside atr.. so bounce hard on that level would be expected.
I think i could have been a bit early on the bull train. so i'm open to everything.
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  • #39
  • Aug 22, 2014 5:33am Aug 22, 2014 5:33am
Jamen titta nu är vi ju tre svenskar och det är ju bara vi som postar här!

Jag säljer idag i alla fall. Siktar på högst 7 pip däriking för varje. Men det blir väl mest bara 2-5 om det segar sig.
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  • #40
  • Aug 22, 2014 6:12am Aug 22, 2014 6:12am
Quoting NoCoolNick
{quote} I'm not sure we get all the way down there, i have also a lot of 1,320X targets, but we have major demandzone so, my guess we need a retrace before attacking it, thats why i'm long based at the moment. As things change today i'm gussing we could see 3240 today, and that will be 55 pips on the day, outside atr.. so bounce hard on that level would be expected. I think i could have been a bit early on the bull train. so i'm open to everything.
Yep you are correct!! but my strat shows me i could reach for 20 more pips..thats why im a bit greedy.. but ur 100% right on the 20x target.
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