DislikedHi all, I’m new to this forum and well let’s say I’m new to forums full stop, anyway I’d like to say a quick thank you to Undine and all the other members for their dedication to this discussion and trading system. I'm feeling a bit daunted buy the 800+++ pages I need to get through before I’m up to speed but the PDF (Patience, Disciple and Focus) will get me there. I was hoping someone could help me find the latest version of the Wukar WB Ea, I think buy the screen shots it’s up to 1.2E??? Anyway I’ve tried to find it but was looking for a short...Ignored
As simple as possible: 00 level trading
- #17,483
- Sep 5, 2014 5:36am Sep 5, 2014 5:36am
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
Trade #2
AUDUSD +5 TP
Done for the day!
Masterrmind........
AUDUSD +5 TP
Done for the day!
Masterrmind........
Master your Mind then Master your Trades
- #17,484
- Sep 5, 2014 5:39am Sep 5, 2014 5:39am
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
ok guys I have some errands to run and have some kids over this afternoon, so I will be busy... take care stay green and enjoy the weekend cheers Udine
Masterrmind...........
Master your Mind then Master your Trades
- #17,485
- Edited 5:49am Sep 5, 2014 5:39am | Edited 5:49am
- | Joined Jun 2014 | Status: Trader | 576 Posts
AJ LONG @.500 -10 SL.
AUD being strong across the board... however JPY also being strong. Price broke some retraces and resistances when it entered .500 again.
Nevertheless I cannot even say it was a better timing now. Bad, aggressive entries...
Only the time marked with black arrow would have been a proper one in terms of probabilites.
- #17,486
- Sep 5, 2014 5:44am Sep 5, 2014 5:44am
{quote} nahh basically still the same since the start of the thread... All well ?? Udine
Hotpiperlady
CADJPY SHORT @.600 -10 SL.
JPY strong across the board... however a technically incorrect entry again breaking my own rules: at .600 entry price passed only couple pipettes the support line marked blue. It should be more, 10-20 points (1-2 pips!) to get a decent confirmation for continuation.
JPY strong across the board... however a technically incorrect entry again breaking my own rules: at .600 entry price passed only couple pipettes the support line marked blue. It should be more, 10-20 points (1-2 pips!) to get a decent confirmation for continuation.
- #17,489
- Sep 5, 2014 5:54am Sep 5, 2014 5:54am
CADJPY SHORT @.600 -10 SL. {image} JPY strong across the board... however a technically incorrect entry again breaking my own rules: at .600 entry price passed only couple pipettes the support line marked blue. It should be more, 10-20 points (1-2 pips!) to get a decent confirmation for continuation.
I can't get a valid entry on the pairs I am watching right now so I am reading/analysing charts you and others posted.
As always, thanks for your explanations. It is interesting to see into your thought process.
Thanks
BB
- #17,490
- Sep 5, 2014 5:57am Sep 5, 2014 5:57am
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
Master your Mind then Master your Trades
.....As always, thanks for your explanations. It is interesting to see into your thought process. Thanks BB
Now I should start learning from my mistakes myself!
- #17,494
- Sep 5, 2014 7:01am Sep 5, 2014 7:01am
{quote} Hi totowah, I found this setup a little risky for me because of 1H Demand level just under the target. I'm glad it worked fine for you. Alec
I am still learning .. and I am wondering what you mean by " 1H Demand level just under the target"
This is what I saw at when I dropped my pending order
ADR 93
Rmddow 82
All trend down
- #17,497
- Edited 8:15am Sep 5, 2014 7:59am | Edited 8:15am
My trades for today
Trade # 1
USDJPY +5 TP
Entered manually. Entry pretty close to Daily Open, but a nice series of LH's had been established. In hindsight this was a bit risky as DP was also not far away.
Trade # 2
GBPAUD TS +1.5
Beginning of nice downtrend. No discernible S&R nearby. Almost made TP, but then retraced to TS. Then went on to TP.
Trade # 3
GBPAUD -6
Entered manually. This was definitely a revenge trade after failed Trade 2. Closed manually as candle retraced. Dont actually remember reasons for closing. Probably cold feet because of the hammer candle before. 10 burpees.
Trade # 4
GBPJPY +5 TP
Also nice downtrend visible on M15. Strength meter showed strong JPY and weak GBP. Entered manually. No discernible S&R nearby.
Trade # 5
AUDUSD +5 TP
AUD strong and USD weak per CSM. Uptrend with HH and HL. Entered late, manually. No S&R above.
Total pips = 5 + 1.5 - 6 + 5 + 5 = 10.5 pips
Had to go out before NY open. Came back to see a few missed opportunities.
This is totally about PDF and recognising suitable conditions for a high probability trade.
After plenty of screen hours, today clicked. But it takes practice.
Hope i can replicate and improve every day.
Edit:
Trade # 3 is actually - 0.6, not -6. So pips today are 15.9. Still not sure what i did in that trade.
Trade # 1
USDJPY +5 TP
Entered manually. Entry pretty close to Daily Open, but a nice series of LH's had been established. In hindsight this was a bit risky as DP was also not far away.
Trade # 2
GBPAUD TS +1.5
Beginning of nice downtrend. No discernible S&R nearby. Almost made TP, but then retraced to TS. Then went on to TP.
Trade # 3
GBPAUD -6
Entered manually. This was definitely a revenge trade after failed Trade 2. Closed manually as candle retraced. Dont actually remember reasons for closing. Probably cold feet because of the hammer candle before. 10 burpees.
Trade # 4
GBPJPY +5 TP
Also nice downtrend visible on M15. Strength meter showed strong JPY and weak GBP. Entered manually. No discernible S&R nearby.
Trade # 5
AUDUSD +5 TP
AUD strong and USD weak per CSM. Uptrend with HH and HL. Entered late, manually. No S&R above.
Total pips = 5 + 1.5 - 6 + 5 + 5 = 10.5 pips
Had to go out before NY open. Came back to see a few missed opportunities.
This is totally about PDF and recognising suitable conditions for a high probability trade.
After plenty of screen hours, today clicked. But it takes practice.
Hope i can replicate and improve every day.
Edit:
Trade # 3 is actually - 0.6, not -6. So pips today are 15.9. Still not sure what i did in that trade.
- #17,498
- Sep 5, 2014 8:12am Sep 5, 2014 8:12am
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
Trade #3
[Bonus Trade #1]
EURAUD +5 TP
Masterrmind..........
[Bonus Trade #1]
EURAUD +5 TP
Masterrmind..........
Master your Mind then Master your Trades