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my system of 20 pips

  • #681
  • Oct 8, 2014 5:12am Oct 8, 2014 5:12am
Quoting vlady1974
{quote} Whilst I agree with your initial sentiment, almost with a flick of the switch you derailed it with your last sentences. First and foremost, this thread is located in the Trading Journals section. It wasn't in Commercial, it wasn't in Trading Systems, it wasn't even in Interactive Trading. So by all accounts, Catextract89 can do whatever the bloody hell she wants. It's her journal. And she can completely call her journal THE EFFING BLOODY HOLY GRAIL if she wants to, it's her journal. You are allowed to disagree with it... but to call out...
clady1974 there is really no informations under charts, just some random trades taken that gives false hope to newbies. I want to learn so every chart should have explanation etc...

I am here for learning purpose only. And I quickly see when I am wasting my time.
  • #682
  • Oct 8, 2014 5:12am Oct 8, 2014 5:12am
Quoting FXAction
{quote} Airmac, I quite understand your point of view, but I am not showing off neither am I seeking any attention. I only seek attention to the growth of my forex account and I dont view FXEmpire writeup as insulting. The only problem I have as I said before is that I am weak and faint-hearted in the face of any confrontation. However, you have advised me to grow a thick skin and towing your advice, I CHALLENGE ANYBODY WHO FEELS FXAction IS NOT AUTHENTIC TO A FOREX TRADING DUEL.
FXAction, you've been impressive with your involvement and most impressive with your results but more importantly you have inspired people in a positive way. Keep doing what you are doing.... by letting your light shine, you give others permission to do so as well.
A pip is only worth it if you know how much you risked to earn it
  • #683
  • Oct 8, 2014 5:19am Oct 8, 2014 5:19am
Quoting airmac
{quote} clady1974 there is really no informations under charts, just some random trades taken that gives false hope to newbies. I want to learn so every chart should have explanation etc... I am here for learning purpose only. And I quickly see when I am wasting my time.
If you truly believe that.... then you are greatly misinformed by your own internal biases.

Within the first 12-15 pages, I gathered what I needed to know. I experimented... yes I lost pips as I was trying to work out how to address it with my style. Then Boom! It worked... and kept on working. I'm happy. There are about 3 others here not including FXAction who have gotten it. You know what, it's just you then.

You seem to think that because An FX Trader Athlete has a way of being the best... that if they wrote down the instructions and you follow it to the letter, all of a sudden you will be transformed into a like-FX-athlete. Wrong. You've not even factored in feelings, emotions, time of day, personality, etc etc. I bet that you didn't find significant that she's a photographic assistant and that she was staring into the screens one day and then came up with the idea..... THAT WAS GOLD for me. And I'm not gonna tell you why because it would be lost on you.

You need to seek out Van-Tharp and read his books. Read "Trading In the Zone" by Douglas.

By the way.... as I've mentioned. It's a JOURNAL. It's not an instruction manual.
It's slowly evolved into one as people ask questions but it's clear this isn't the place to advance your learning.
A pip is only worth it if you know how much you risked to earn it
  • #684
  • Oct 8, 2014 5:19am Oct 8, 2014 5:19am
Quoting airmac
why my post was deleted?!
The author of this journal is in control.
Thankfully.
A pip is only worth it if you know how much you risked to earn it
  • #685
  • Oct 8, 2014 5:23am Oct 8, 2014 5:23am
Quoting vlady1974
{quote} If you truly believe that.... then you are greatly misinformed by your own internal biases. Within the first 12-15 pages, I gathered what I needed to know. I experimented... yes I lost pips as I was trying to work out how to address it with my style. Then Boom! It worked... and kept on working. I'm happy. There are about 3 others here not including FXAction who have gotten it. You know what, it's just you then. You seem to think that because An FX Trader Athlete has a way of being the best... that if they wrote down the instructions and...
well if it's working for you great. I am happy for you. But I still don't get the strategy. Wouldn't be much easier to just tell the rules?
  • #686
  • Oct 8, 2014 5:25am Oct 8, 2014 5:25am
Quoting vlady1974
{quote} The author of this journal is in control. Thankfully.
and one more thing, what do you thing would happen if I start to show my winning trades too? And all other traders that are trading for 8 years?

My box would be full of messages of course.
  • #687
  • Oct 8, 2014 5:35am Oct 8, 2014 5:35am
Quoting airmac
{quote} and one more thing, what do you thing would happen if I start to show my winning trades too? And all other traders that are trading for 8 years?
It's not your journal so I don't care. But if you did, as long as it was related to the topic and the technique then it would be fine.

But again, it's not about your results. There are 1000+ strategies that work in FF... who gives a shit about those. I am here because the specific technique resonates with me and one of the other strategies that I follow. It aligns with my preference for London Open. It aligns with the style of trade entry and signals. If you had a great track record based on Pivot Points and US President Elections, I frankly wouldn't give a damn. Are you understanding the point I'm making? It's not about the results.... that's secondary.... it's about primarily the mechanics then the additional personal touches... so we can adapt this for our selves, not mimic it.
A pip is only worth it if you know how much you risked to earn it
  • #688
  • Oct 8, 2014 5:39am Oct 8, 2014 5:39am
Quoting airmac
{quote} and one more thing, what do you thing would happen if I start to show my winning trades too? And all other traders that are trading for 8 years?
Airmac, you are getting things wrong. I dont show only winning trades, I show entries of my trades and the TP and then when they are about to reach their TPs and all of them have been winning trades hitting their TPs pinpoint. But i see what you have on your mind, you want me to spill the HG in the public domain, but have these in mind: good things never come easy like that and those that are ready to work hard are already on it. More GreenPips To Your Elbow
  • #689
  • Oct 8, 2014 5:45am Oct 8, 2014 5:45am
Quoting airmac
{quote} well if it's working for you great. I am happy for you. But I still don't get the strategy. Wouldn't be much easier to just tell the rules?
No. Absolutely not.

This is the demise of most newbies. Including you.

If you implemented this "system" as you are describing it, with your rules and what-not, the moment it no longer applies to you - the minute it suffers a draw-down or consecutive losses... you will say, it's the "system" and move on to the next. Welcome to the world of true "Holy Grail Expeditions", forever searching for a system to create the trader you want to be.

Okay. Since you are lost and I don't want to be an asshole. I want to help.
Start at the beginning. I mentioned in my earlier post that all you need is roughly in the FIRST 15 PAGES (roughly). There are even downloads and someone even wrote out a document. On the top of this thread is a paperclip - click on that and download what you need. Start there.

You are probably wondering all sorts of things. Start to organise your questions. Start with WHAT. Don't worry about WHY because clearly this isn't important for you.... but it is for me:

WHAT

  1. is the aim? To get 20 pips
  2. is the technique? get in at x get out at y
  3. tools are available? read. get. install. look. think!
  4. allows her to know when to get in? Ahhhh now we're thinking... how about you list 5 ways you would get in. If you can't think of at least 5 you're not ready to trade. Go and learn Entry Techniques from babypips.com

WHY

  1. She's busy.
  2. She spotted something at a particular time of day
  3. She tested it and seemed to repeat itself... therefore has a higher % of reliability.


If you're not able to think in this kind of logical fashion and just want Steps 1,2,3 given to you. Stop trading and take some time out. This is what Trading is about. Sorry to put it to you like this. But it is.

A pip is only worth it if you know how much you risked to earn it
  • #690
  • Oct 8, 2014 5:51am Oct 8, 2014 5:51am
Quoting vlady1974
{quote} No. Absolutely not. This is the demise of most newbies. Including you. If you implemented this "system" as you are describing it, with your rules and what-not, the moment it no longer applies to you - the minute it suffers a draw-down or consecutive losses... you will say, it's the "system" and move on to the next. Welcome to the world of true "Holy Grail Expeditions", forever searching for a system to create the trader you want to be. Okay. Since you are lost and I don't want to be an asshole. I want to help. Start at the beginning. I mentioned...
vlady1974 I appreciate your effort. I will go back and reread it. I am here because I am seeking exactly that, 20 pips. I don't need more.
  • #691
  • Oct 8, 2014 5:53am Oct 8, 2014 5:53am
Quoting airmac
{quote} vlady1974 I appreciate your effort. I will go back and reread it. I am here because I am seeking exactly that, 20 pips. I don't need more.
Excellent!
Looking forward to a good chat about this technique!
A pip is only worth it if you know how much you risked to earn it
  • #692
  • Oct 8, 2014 6:07am Oct 8, 2014 6:07am
Quoting FXAction
Cartex, sent you an Email.
yup, will reply to you soon.
  • #693
  • Oct 8, 2014 6:15am Oct 8, 2014 6:15am
hmm. look like people here able to read English, but failed to understand it. let me stress my point.

i run away? stop posting? not active?

I HAVE A FULL TIME JOB. I WORK AS A COMMERCIAL PHOTOGRAPHER AND I TRAVEL A LOT. MY JOB PAY ME WELL. TRADING IS PART TIME.

so if I'm missing from this thread, I'm actually busy doing my job.

oh anyway. look like EJ has explode. now, look where to jump in. remember the volume lesson?
  • #694
  • Oct 8, 2014 7:05am Oct 8, 2014 7:05am
137.40
  • #695
  • Oct 8, 2014 7:11am Oct 8, 2014 7:11am
I'll put a buy order at 137.20 if it gets there again, TP 137.40
  • #696
  • Oct 8, 2014 8:24am Oct 8, 2014 8:24am
Quoting FXAction
Cartex, thanks for spotting this. {image}
I plot all kind of trendlines, but can't sêem to see where your entry is on my trendlines.
  • #697
  • Oct 8, 2014 8:46am Oct 8, 2014 8:46am
Hi ,

Catextract89 if you find some free time could you be so kind and provide some new charts with orders according by your rules (discussed in this thread originally).
I'm happy with commitment and FXAction input, but I think there are other technics/methods in his workshop that he uses for openning trades. So I'm confused which posts I should follow. Market will be there tomorrow, so I have plenty of time and I will be patiently wait for your answer.

Thanks
  • #698
  • Oct 8, 2014 8:49am Oct 8, 2014 8:49am
Quoting fxtrain
{quote} I plot all kind of trendlines, but can't sêem to see where your entry is on my trendlines.
Do not worry. I will post an illustration for you in due course if Cartex will permit that.
  • #699
  • Oct 8, 2014 9:26am Oct 8, 2014 9:26am
Quoting fxtrain
{quote} I plot all kind of trendlines, but can't sêem to see where your entry is on my trendlines.
FXT and JEG, who asked questions on their PM, here is an illustration.I took this trade but b4 Icould capture the screen shot it blew off the tp. So what does our mentor teach? He says if a resistance level is broken as is in this case, then watch price care fully. If price goes up and come back to take support on the erstwhile resistance, then long. It is as simple as that. You should observe my trend line as it has a higher high. Airmac I hope you are there. I offered to you where you will go and get your education for free. There you will find so many graphic examples and I am here to freely answer your questions through PM. EJ right now is doing the same thing for longs. I WILL ALSO POST THE ILLUSTRATION AT THE APPROPRIATE TIME
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 14 KB
  • #700
  • Oct 8, 2014 9:29am Oct 8, 2014 9:29am
please do as you wish, in fact, anyone who has want to contribute can do as he can. but remember one rule, do not spoon feed. let them learn by themselves.

Quoting FXAction
{quote} Do not worry. I will post an illustration for you in due course if Cartex will permit that.
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