Consequence Pilot Level Trading | Page 26 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Consequence of Getting revenge on the market 11 replies

Any Consequence for having too many successful traders? 25 replies

My GBPJPY Trading Journal - Trading from level to level 23 replies

Unexpected consequence of US debt downgrade? 0 replies

Stop loss level dependant on risk level? 2 replies

Attachments: Consequence Pilot Level Trading
Exit Attachments

Consequence Pilot Level Trading

  • #501
  • Sep 26, 2014 3:16am Sep 26, 2014 3:16am
short at 452 EL out for -2... bastard had me in deep fo.. so first resume outttt..
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.IM5.png Size: 98 KB
Passion, Persist, Patience, Protect
  • #502
  • Sep 26, 2014 3:30am Sep 26, 2014 3:30am
second try at this jerkoff short El abit lower at 429.. out for -2..
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.IM5.png Size: 103 KB
Passion, Persist, Patience, Protect
  • #503
  • Edited 4:16am Sep 26, 2014 4:00am | Edited 4:16am
long EL at 511 out at -2... the break looked good so i gave it some time to show it's true color.. it's just not giving out for the last hour... so all you can do is to not giving in to it too much and play defense... if it continues as such, surviving for break even or small total loss considers an achievement.
look to be a great day but turned into a dog shit dog fight...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.IM5.png Size: 101 KB
Passion, Persist, Patience, Protect
  • #504
  • Sep 26, 2014 4:07am Sep 26, 2014 4:07am
Quoting FXEmpire
long EL at 511 out at -2... the break looked good so i gave it some time to show it's true color.. it's just not giving out for the last hour... so all you can do is to not giving to it too much and play defense... if it continues as such, surviving for break even or small total loss is a achievement. look to be a great day but turned into a dog shit dog fight... {image}
Still in, letting run a bit deeper as I think it will come back..... much more and going to have to shut it off.
As the lights go by so too do the shadows move
  • #505
  • Sep 26, 2014 4:21am Sep 26, 2014 4:21am
May have screwed me this time. Took the loss deep then it triggered my short and is now on way back up....

I'm a little distracted atm which doesn't help.
As the lights go by so too do the shadows move
  • #506
  • Sep 26, 2014 4:28am Sep 26, 2014 4:28am
Going to automate the next round, I need to sort some shite out.
As the lights go by so too do the shadows move
  • #507
  • Sep 26, 2014 4:59am Sep 26, 2014 4:59am
Quoting Matts Micro
May have screwed me this time. Took the loss deep then it triggered my short and is now on way back up.... I'm a little distracted atm which doesn't help.
my short was not trigger, but came very close..


do use buffer of .3-.4?

anyhow that's what one should and never put the the PO right at the level price..

for others to take note as a clear clarification..

The EL should be drawn right at the either Low or High or Close price whichever one you choose for that particular EL.. and the from that EL price use a buffer of 3 or 4 tenth of a pip..

buy EL 1.27210.. .4 buffer = 1.27214
Passion, Persist, Patience, Protect
  • #508
  • Sep 26, 2014 5:21am Sep 26, 2014 5:21am
Quoting FXEmpire
{quote} my short was not trigger, but came very close.. do use buffer of .3-.4? anyhow that's what one should and never put the the PO right at the level price.. for others to take note as a clear clarification.. The EL should be drawn right at the either Low or High or Close price whichever one you choose for that particular EL.. and the from that EL price use a buffer of 3 or 4 tenth of a pip.. buy EL 1.27210.. .4 buffer = 1.27214
Yah around .4 for shorts and about .8 for longs (for spreads).
As the lights go by so too do the shadows move
  • #509
  • Sep 26, 2014 5:56am Sep 26, 2014 5:56am
I may call it a night after this trade. The U.S. session will prob bring more volatility but I have the next door neighbour handing me a beer and the missus nagging me (I have to put a smiley there in case she looks over my shoulder). My results today were the fault of the user of the system not the system itself. Week one of testing very positive and already looking forward to week two.
As the lights go by so too do the shadows move
  • #510
  • Sep 26, 2014 6:20am Sep 26, 2014 6:20am
short EL at 412 good for +6... there wasn't a move that it didn't display on this damn trade, lol...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.IM5.png Size: 109 KB
Passion, Persist, Patience, Protect
  • #511
  • Sep 26, 2014 6:23am Sep 26, 2014 6:23am
Quoting Matts Micro
I may call it a night after this trade. The U.S. session will prob bring more volatility but I have the next door neighbour handing me a beer and the missus nagging me (I have to put a smiley there in case she looks over my shoulder). My results today were the fault of the user of the system not the system itself. Week one of testing very positive and already looking forward to week two.


LOL.. take her out on a nice expensive dinner, it's on me.

right on brother.. enjoy your weekend..
Passion, Persist, Patience, Protect
  • #512
  • Sep 26, 2014 6:38am Sep 26, 2014 6:38am
Quoting FXEmpire
{quote} LOL.. take her out on a nice expensive dinner, it's on me. right on brother.. enjoy your weekend..
Lol don't write that in case she looks over the shoulder again and reads it... there would be no escape after that .

If this system continues to hold with the test of time, as I suspect it might, I will be buying more than dinner however and will have to send you a gift for the introduction, thanks sharing it and your time explaining it.... Don't want to move now that PA is beginning to move but people to do and places to be... talk next week, have a good w.e.

p.s. bugger, I knew PA was going to do that after the consolidation, nm.
As the lights go by so too do the shadows move
  • #513
  • Sep 26, 2014 7:37am Sep 26, 2014 7:37am
last short off 282 EL... had me faked out right after trigger... out for almost -5 right before the news for obvious reasons... also removed the buy PO...
another good example of not being involved in news time... whiplashing the heck out ..


almost every trigger has formed a major challenge...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.IM5.png Size: 98 KB
Passion, Persist, Patience, Protect
  • #514
  • Edited 9:04am Sep 26, 2014 8:52am | Edited 9:04am
short 130 EL food for +6...

it looks easy in the hindsight but it wasn't as it has been all day... all kind of damn moves when your zoomed in at to play defense and at the same time not exit prematurely..
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.IM5.png Size: 92 KB
Passion, Persist, Patience, Protect
  • #515
  • Sep 26, 2014 8:56am Sep 26, 2014 8:56am
go home to your wife matt, lol

you just can't leave early don't you
Passion, Persist, Patience, Protect
  • #516
  • Sep 26, 2014 9:11am Sep 26, 2014 9:11am
Quoting FXEmpire
go home to your wife matt, lol you just can't leave early don't you
Lol, she's not my wife and I think I better switch off my screen before she see's that and gets any ideas. I am sneaking in trades while ppl are busy and even sneaked one on my ipad lol (why I screwed up lot size). I have to keep an eye on my main acc trades to be sure don't get out of control. Others are busy and haven't missed me too much I think.
As the lights go by so too do the shadows move
  • #517
  • Sep 26, 2014 10:09am Sep 26, 2014 10:09am
Quoting Matts Micro
{quote} Lol, she's not my wife and I think I better switch off my screen before she see's that and gets any ideas. I am sneaking in trades while ppl are busy and even sneaked one on my ipad lol (why I screwed up lot size). I have to keep an eye on my main acc trades to be sure don't get out of control. Others are busy and haven't missed me too much I think.

ups, don't wanna get you all tight up now, lol..
Passion, Persist, Patience, Protect
  • #518
  • Sep 26, 2014 10:37am Sep 26, 2014 10:37am
Quoting FXEmpire
{quote} ups, don't wanna get you all tight up now, lol..
Just out of curiosity you describe yourself as a full time trader. Do you find 21.7% loss for the week acceptable? I'm not being funny just interested we all have our own ways.
  • #519
  • Sep 26, 2014 10:39am Sep 26, 2014 10:39am
EU has made it's daily moves already, Londi just closed and Hampton time approaching for playaas... and time for me to get my weekend grove on vegas is waiting for me.

don't trade late Fridays folks as you already might know.

enjoy your weekend guys.. I'll rip it away next week.
Passion, Persist, Patience, Protect
  • #520
  • Sep 26, 2014 10:43am Sep 26, 2014 10:43am
Quoting claudia1
{quote} Just out of curiosity you describe yourself as a full time trader. Do you find 21.7% loss for the week acceptable? I'm not being funny just interested we all have our own ways.

I was about to leave but how can I not answer the foxys question..

so... ya

NO
Passion, Persist, Patience, Protect
0 traders viewing now