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Recent theoretical work and actual trades

  • #241
  • Oct 24, 2014 7:01am Oct 24, 2014 7:01am
Quoting yaed
Big wins or small losses? Im not after the one big win thing. Im all about NOT having big losses. The biggest thing i caught is 30 pip i think. If i just manage NOT having big losses, my account will grow slowly and nicely. 0.5% a days is good 1% is great and anything above that is AMAZING. Maybe i have a 7% loss every once in a while, but all the other good days should make up for that. I try to make price work FOR me, bit of up, bit of down, its all good. Its all going to be fine. Fine like the ass of black woman. Or white woman. Or red woman....
......I follow you, understand.......
The Chonchy
  • #242
  • Oct 25, 2014 2:56pm Oct 25, 2014 2:56pm
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  • #243
  • Oct 27, 2014 12:17am Oct 27, 2014 12:17am
No im down about -0.8% on open positions. So everything is just fine. If it keeps going up i will close out those longs and switch them too shorts since we are getting high in the green channel = a statistical sell. So i think probably there will be selling tomorrow today and tomorrow.

I could sell right now... No i better wait and see what the first move will be in about 1-2 hours.
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  • #244
  • Oct 27, 2014 12:24am Oct 27, 2014 12:24am
Quoting yaed
No im down about -0.8% on open positions. So everything is just fine. If it keeps going up i will close out those longs and switch them too shorts since we are getting high in the green channel = a statistical sell. So i think probably there will be selling tomorrow today and tomorrow. I could sell right now... No i better wait and see what the first move will be in about 1-2 hours. {image}
Hello yaed .

I follow your system. Thanks for this posting....
  • #245
  • Oct 27, 2014 1:10am Oct 27, 2014 1:10am
Quoting muhitalam
{quote} Hello yaed . I follow your system. Thanks for this posting....
I dont know that its a "system". Maybe. Remember you are the one trading. You are the system, you are the tool.
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  • #246
  • Oct 27, 2014 3:30am Oct 27, 2014 3:30am
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  • #247
  • Oct 27, 2014 4:31am Oct 27, 2014 4:31am
Quoting chonchy
.....Many doji's on 4H also, and to judge for the support and resistance areas ( 2600 )( 2900 ) on this chart, and the MACD down there, I say we may go up a bit to the 2900 again.....good luck...... {image}
....we haven't get to the 2800 yet but at least 2700 allow me to raise the stop to 2650, limit, 2810....

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The Chonchy
  • #248
  • Oct 27, 2014 7:29am Oct 27, 2014 7:29am
Im in and out every now and then.

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  • #249
  • Oct 28, 2014 1:27am Oct 28, 2014 1:27am
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Thats the TPs and lets have a look at the patterns

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  • #250
  • Oct 28, 2014 4:10am Oct 28, 2014 4:10am
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  • #251
  • Oct 28, 2014 6:09am Oct 28, 2014 6:09am
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  • #252
  • Oct 28, 2014 8:14am Oct 28, 2014 8:14am
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  • #253
  • Oct 28, 2014 8:57am Oct 28, 2014 8:57am
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  • #254
  • Oct 28, 2014 4:11pm Oct 28, 2014 4:11pm
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  • #255
  • Oct 28, 2014 4:15pm Oct 28, 2014 4:15pm
nice trades.
although i prefer relying on candlestick reading rather than indicators
As Above, So Below
  • #256
  • Oct 29, 2014 1:43am Oct 29, 2014 1:43am
Quoting tashkent
nice trades. although i prefer relying on candlestick reading rather than indicators
Well i do that too.

Like for instance:

http://www.forexfactory.com/showthre...21#post7825721

http://www.forexfactory.com/showthre...49#post7822149

http://www.forexfactory.com/showthre...33#post7819333

http://www.forexfactory.com/showthre...33#post7806333

http://www.forexfactory.com/showthre...24#post7807624

I couldnt do without that kind of stuff.
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  • #257
  • Oct 29, 2014 1:59am Oct 29, 2014 1:59am
Advice
Somebody asked me about advice recently. People often think there are an easy way to do this. Maybe there is. I dont know about anything like that. I only know the hard way and it takes years and years. I dont know like three different concepts and some mechanical "Do this, this happens" sort of modus operandi. My advice is: If you dont have the patience to sit 9 hours a day and analyze and think and stare at numbers and all the time come up with new inventive ideas of youre own, then you wont do good in trading. I think thats one of the best advice. Honestly i think very few people have that in them. And people lie to themselves very often and will keep away from the truth. They WANT something to be true so much that it seems so.
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  • #258
  • Oct 29, 2014 3:37am Oct 29, 2014 3:37am
Yaed.....Post #257 is absolutely correct my friend. Few are prepared to do the work it will take to be profitable.
Few are prepared to follow what you or anyone will share with them. You could give them a clear set of four
rules to trade by & they will mess it up. Thank you for taking the time to share your hard earned trading knowledge.

Best of trades to you.
_____________________________
  • #259
  • Oct 29, 2014 4:57am Oct 29, 2014 4:57am
Quoting acetrader
Yaed.....Post #257 is absolutely correct my friend. Few are prepared to do the work it will take to be profitable. Few are prepared to follow what you or anyone will share with them. You could give them a clear set of four rules to trade by & they will mess it up. Thank you for taking the time to share your hard earned trading knowledge. Best of trades to you. _____________________________
It means a lot to know.
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  • #260
  • Oct 29, 2014 4:58am Oct 29, 2014 4:58am
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