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5 PIPS - Only Five

  • #381
  • Edited 7:38am Nov 4, 2014 6:53am | Edited 7:38am
GET OVER IT!

IT WILL DESTROY YOU IN THE END!!!!!!

That's what separates the pros from the losers. If you can't let that shit go, you're done. It's called GREED. It comes in many forms.

However.....if you learn just a little in regards to supply and demand trading, you can target take profit areas with a bit more accuracy but this thread is about just taking 5 pips. In and out, not much thought as what to do once in the trade. Easier mentally. Part of the point behind the OP's thread... Trading M15 should offer enough opportunities to rack up 20 to 30 pips a day. Remember, 30 pips a week can fund your life nicely, let alone 20-30 a day. 1-5% risk...as account grows, take profit returns grow. Just don't keep withdrawing.

GREED <--- not good...

Broker statistics show that most of their losing traders were in profit for some time but failed to close the trade and take their profit.

Quoting JackAntigua
It went quickly to target which is good, but then just carried on. I was wondering how you cope psychologically with the feeling that you might have left a lot behind so to speak. .
SPC * Swollen PocketZ Crew!
  • #382
  • Nov 4, 2014 6:55am Nov 4, 2014 6:55am
Here you go, that's worth 15 minutes of trading. And entries were not perfect. PA + MA, no oscillator, no nothing, TK5 rules. Now go to work.
Attached Image (click to enlarge)
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Hidden in plain sight.
  • #383
  • Nov 4, 2014 6:59am Nov 4, 2014 6:59am
Quoting jakucha
Here you go, that's worth 15 minutes of trading. And entries were not perfect. PA + MA, no oscillator, no nothing, TK5 rules. Now go to work. {image}
nice work!

may you have some screenshots from charts?

Greetz Michael
  • #384
  • Nov 4, 2014 7:05am Nov 4, 2014 7:05am
Possible short on the EURGBP if we get another bearish candle.
  • #385
  • Nov 4, 2014 7:13am Nov 4, 2014 7:13am
Quoting jakucha
Here you go, that's worth 15 minutes of trading. And entries were not perfect. PA + MA, no oscillator, no nothing, TK5 rules. Now go to work. {image}
Jakucha can you make some screenshots? With ur analyse PA + MA ?
  • #386
  • Nov 4, 2014 7:21am Nov 4, 2014 7:21am
Quoting Kubiasty
{quote} Jakucha can you make some screenshots? With ur analyse PA + MA ?
No. Everything is in this thread. The spoon-feeding needs to stop. More work, less asking.
Hidden in plain sight.
  • #387
  • Nov 4, 2014 7:23am Nov 4, 2014 7:23am


Quoting jakucha
{quote} No. Everything is in this thread. The spoon-feeding needs to stop. More work, less asking.
SPC * Swollen PocketZ Crew!
  • #388
  • Nov 4, 2014 7:29am Nov 4, 2014 7:29am
Quoting dee50
OH BTW. For those of you who have not worked it out yet, you can show the open and close of the regular candles behind the HA candles. First click on Bar Chart symbol in your Tool Bar, it is top LH symbol in my chart, then go to "Charts" click on "Foreground Chart" now you will see the Nibs of the open and close, sometimes they get hidden in the body of the HA. That is how I identified the Reversal Bar. Hope it helps. {image} {image}
Thanks for this tip dee50, this will save a lot of time
"patience grasshopper"
  • #389
  • Nov 4, 2014 7:30am Nov 4, 2014 7:30am
you are so friendly guys... -.-
  • #390
  • Nov 4, 2014 7:42am Nov 4, 2014 7:42am
Quoting Moonie
Possible short on the EURGBP if we get another bearish candle.
Any trade you took today?
  • #391
  • Nov 4, 2014 7:43am Nov 4, 2014 7:43am
Quoting Kubiasty
you are so friendly guys... -.-
Dude it's always the same thing. People feel entitled to fuc**ng everything ! You're given a method with details. You're given a statement where you can see the time and the price and the instruments, but it's never enough. Always asking for more. No work. Enough of that already. read the first post, apply the method. Period.
Hidden in plain sight.
  • #392
  • Nov 4, 2014 7:44am Nov 4, 2014 7:44am
Quoting jakucha
{quote} No. Everything is in this thread. The spoon-feeding needs to stop. More work, less asking.

Picture say 1000 words, WE spoons donīt need your Tradehistory, we need charts - wins and fails so we can learn!!!!!!

Greetz Michael

PS: Thanks all member for showing charts!
  • #393
  • Nov 4, 2014 7:50am Nov 4, 2014 7:50am
Quoting mwsteiner
{quote} Picture say 1000 words, WE spoons donīt need your Tradehistory, we need charts - wins and fails so we can learn!!!!!! Greetz Michael PS: Thanks all member for showing charts!
Whatever, I'm tired of this. Karma will take care of your lazy asses. I'm out of here. Good luck succeeding with this attitude.

Attached Image
Hidden in plain sight.
  • #394
  • Nov 4, 2014 8:03am Nov 4, 2014 8:03am
Lets not let this thread degenerate in the way many do, so far it's very good. I suspect with hindsight that TK5 may have been able to choose a more appropriate category than "Rookie Talk". Us more experienced traders may not frequent this category very often, so whilst I know exactly where you're coming from, we should perhaps remember where this thread is listed.

Cheers
Getting there, slowly but surely...
  • #395
  • Nov 4, 2014 8:07am Nov 4, 2014 8:07am
Quoting jakucha
Here you go, that's worth 15 minutes of trading. And entries were not perfect. PA + MA, no oscillator, no nothing, TK5 rules. Now go to work. {image}
jakucha, thats was ur entry ? USDJPY -
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  • #396
  • Nov 4, 2014 8:10am Nov 4, 2014 8:10am
Quoting jakucha
{quote} Whatever, I'm tired of this. Karma will take care of your lazy asses. I'm out of here. Good luck succeeding with this attitude. {image}
Bye bye Jessica, don't forget your handbag.
  • #397
  • Nov 4, 2014 8:10am Nov 4, 2014 8:10am
Quick in & out for 5 pips, enough room between entry and S&R level. signal candle closed well up from the 5 ma, shows momentum, my comfort blanket at the bottom confirmed. LTF trend is down, BUT can you see the short term rising trend line (not drawn on purpose), bare in mind that there is an S&R level above which is holding price. This is forming a rising wedge which means unless something drastic happens I will not get any more pips out of the EU today until the wedge is broken.

It is really easy, just think about it first, don,t take every signal they are not all good. You do not need to monitor a dozen pairs either not for 5 pips!.
Attached Image (click to enlarge)
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Cut your Losers short and let your Winners run.
  • #398
  • Nov 4, 2014 8:17am Nov 4, 2014 8:17am
Quoting jakucha
{quote} No. Everything is in this thread. The spoon-feeding needs to stop. More work, less asking.
Iam trying from morning this tactic, I still dont understand my mistakes...
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  • #399
  • Nov 4, 2014 8:21am Nov 4, 2014 8:21am
Quoting jakucha
{quote} Whatever, I'm tired of this. Karma will take care of your lazy asses. I'm out of here. Good luck succeeding with this attitude. {image}
Whats lazy when we are willing to learn something?! Sorry we are not so "pro" like you!!!!

You replied 5 times to this thread and nothing was helpfull, for us lazy, stupid guys.

I wish you green pips everytime.

Greetz Michael

PS: Lets go back to Topic, sorry for this offtopic comments!
  • #400
  • Nov 4, 2014 8:24am Nov 4, 2014 8:24am
The site admin moved TK's thread into the Rookie section. Probably a jumping of the gun before the thread took off. The title at first may have done it. I feel it should be moved. There are many who have been trying this trading crap for years and can't even achieve 5 pips positive by the end of the week... Just one of those things....

TK should request that it be moved to the Systems or at least the Journal section. I would send one as well after he does.
SPC * Swollen PocketZ Crew!
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