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Consequence Pilot Level Trading

  • #441
  • Sep 24, 2014 6:21am Sep 24, 2014 6:21am
Quoting FXEmpire
short EL 423 out for -1.. just like explained above.. that's how i played it.. the break looked kinda good but then hesitated and following candle a reverse.. tough area.. {image}

sob broke lose finally... it just did not do it when I want it at the trigger... a bit frustrating but it's the correct play.
Passion, Persist, Patience, Protect
  • #442
  • Sep 24, 2014 7:04am Sep 24, 2014 7:04am
Quoting FXEmpire
{quote} sob broke lose finally... it just did not do it when I want it at the trigger... a bit frustrating but it's the correct play.
Can't have em all and the current trade looks like a revenge trade

Stick to your plan, it's a good plan. I trade my own profit/loss on correlations / TA. Even though you missed the main move last trade you kept safe for a safe system. Anyway price should be heading your way soon imo.
As the lights go by so too do the shadows move
  • #443
  • Sep 24, 2014 7:10am Sep 24, 2014 7:10am
short 322 EL out at BE...

It broke so nicely but can't believe how fast it engulfed the whole way.. anyhow exited on the first resume chance..
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.IM5.png Size: 95 KB
Passion, Persist, Patience, Protect
  • #444
  • Sep 24, 2014 7:24am Sep 24, 2014 7:24am
Out too. This could turn into a nice move down but there maybe a spike up yet imo.
As the lights go by so too do the shadows move
  • #445
  • Sep 24, 2014 7:26am Sep 24, 2014 7:26am
Short EL at 271 banked +2.5...
wasn't about to let this one to getaway too..
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.IM5.png Size: 97 KB
Passion, Persist, Patience, Protect
  • #446
  • Sep 24, 2014 7:32am Sep 24, 2014 7:32am
Quoting Matts Micro
{quote} Can't have em all and the current trade looks like a revenge trade Stick to your plan, it's a good plan. I trade my own profit/loss on correlations / TA. Even though you missed the main move last trade you kept safe for a safe system. Anyway price should be heading your way soon imo.

I am not sure what you mean by revenge play, I am far from that..
took a valid signal.. it got me in a dog fight with a quick upward move with no chance for me to make a profitable play on it and end up making the motion-less exit play on the first chance.

anyhow thanks for the heads up.
Passion, Persist, Patience, Protect
  • #447
  • Sep 24, 2014 7:34am Sep 24, 2014 7:34am
Quoting Matts Micro
Out too. This could turn into a nice move down but there maybe a spike up yet imo.
yep could've, should've not good enough for us here... the evident spike personify it.. as you pre called it.



long EL at 358..
Passion, Persist, Patience, Protect
  • #448
  • Sep 24, 2014 7:38am Sep 24, 2014 7:38am
Going to have to automate the next set which I hate to do cos I have to leave comp. Will be with tight settings...

GL.
As the lights go by so too do the shadows move
  • #449
  • Sep 24, 2014 8:11am Sep 24, 2014 8:11am
this is a perfect QCW.. short 250 EL good for +5..
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.IM5.png Size: 95 KB
Passion, Persist, Patience, Protect
  • #450
  • Sep 24, 2014 8:22am Sep 24, 2014 8:22am
Quoting Matts Micro
Going to have to automate the next set which I hate to do cos I have to leave comp. Will be with tight settings... GL.
Back. Happy with the 3.5 TS with nearly 9 pips win.
As the lights go by so too do the shadows move
  • #451
  • Sep 24, 2014 8:25am Sep 24, 2014 8:25am
Quoting Matts Micro
{quote} Back. Happy with the 3.5 TS with nearly 9 pips win.

well done so far today matt... like the exit on previous trade off 271 EL... good stuff.
Passion, Persist, Patience, Protect
  • #452
  • Sep 24, 2014 8:36am Sep 24, 2014 8:36am
Quoting FXEmpire
{quote} well done so far today matt... like the exit on previous trade off 271 EL... good stuff.
Cheers Empire

It's good today actually cos I can spend a little more time with the system as most of my main acc. trades are positioned from yesterday.

So far the system is holding up really well. If this hits one of those trending seasons there could be a lot of money here. Atm the market is quite volatile and sometimes without purpose, has been for past 18 months or so imo. Even so the system holds up, like I've said earlier this type of method holds up in most conditions. Still more testing and practice is needed though and it also pays to have good knowledge of what's happening on the charts.
As the lights go by so too do the shadows move
  • #453
  • Sep 24, 2014 8:37am Sep 24, 2014 8:37am
I don't know how many people are true followers here or following at all... but anyhow I want to hit home something important make today as a example and that is the importance of not having a bias or any kind of prediction for the days movement..

as you see.. today sure looked like it was going to be a bullish day for EU which I/we capitalized with one buy win.. but look at the it now.. how it has turned into a bearish day now...
if one had a set stone on buy... either would have had missed on profits or worse if had held on to a long trade now would in deep trouble..

so the best thing is to free flow... main asset of this methodology... hard for most if not all to swallow, i know.. but it's key to your success, at least in here.

so when you all see a member comes in and talks all this fancy pansy analysis s/r pivot and junk indies and i either harsh or put then off.. that is the reason.. bcz it does not bring any advantages to the game what so ever.
today's real results is the proof of it and the results that you will see in the feature.. so i don't preach for the sake of preaching.. it's transparent.
Passion, Persist, Patience, Protect
  • #454
  • Sep 24, 2014 8:48am Sep 24, 2014 8:48am
Quoting Matts Micro
{quote} Cheers Empire It's good today actually cos I can spend a little more time with the system as most of my main acc. trades are positioned from yesterday. So far the system is holding up really well. If this hits one of those trending seasons there could be a lot of money here. Atm the market is quite volatile and sometimes without purpose, has been for past 18 months or so imo. Even so the system holds up, like I've said earlier this type of method holds up in most conditions. Still more testing and practice is needed though and it also...

matt... this is not a system... if any.. that would be YOU..

systems fail under different conditions... but YOU would not bcz of the craft and skill that you possess that can head on with any type of market condition and still to pull out your 15-20 pips consistently each and every day..

it just needs a acceptable strong mind to begin with and action, the work ethic to execute stone cold.

The engraved mentality and defense is the asset. It's priceless.

I don't trade any other way since moons ago

Cheers,
Passion, Persist, Patience, Protect
  • #455
  • Sep 24, 2014 8:49am Sep 24, 2014 8:49am
Quoting FXEmpire
I don't know how many people are true followers here or following at all... but anyhow I want to hit home something important make today as a example and that is the importance of not having a bias or any kind of prediction for the days movement.. as you see.. today sure looked like it was going to be a bullish day for EU which I/we capitalized with one buy win.. but look at the it now.. how it has turned into a bearish day now... if one had a set stone on buy... either would have had missed on profits or worse if had held on to a long trade now...
Yups, the system lives in "now" and nowhere else
As the lights go by so too do the shadows move
  • #456
  • Sep 24, 2014 8:52am Sep 24, 2014 8:52am
new level xx877.
As the lights go by so too do the shadows move
  • #457
  • Sep 24, 2014 8:58am Sep 24, 2014 8:58am
Quoting Matts Micro
new level xx877.
Bugger forgot news
As the lights go by so too do the shadows move
  • #458
  • Sep 24, 2014 9:00am Sep 24, 2014 9:00am
Quoting Matts Micro
new level xx877.

don't trade that...

simple commonsense... it's after a very strong long move due for exhaustion.. price at full daily atr... not to mention on the edge of u.s red news..
Passion, Persist, Patience, Protect
  • #459
  • Sep 24, 2014 9:13am Sep 24, 2014 9:13am
Yh, I was going to kill it fast if it went against me due to the hard trend. My trip away from the comp broke my concentration for a sec there I think.
As the lights go by so too do the shadows move
  • #460
  • Sep 24, 2014 11:13am Sep 24, 2014 11:13am
Thank you for sharing such good info,l see there is an ema on your chart,what is the value and do you use it to see the current trend?
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