Intelligence is the ability to adapt to change. Stephen Hawking
- #45,222
- Nov 28, 2014 2:54am Nov 28, 2014 2:54am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
- #45,224
- Nov 28, 2014 3:03am Nov 28, 2014 3:03am
Griffinsoul,
Nods80,
You're doing quite a good job, but I really suggest you to be more patient, and avoid staring at every-tick.
I'm GA and EA short too - which I think it was a poor entry of mine, I rate it 6/10 - but it's just ranging within few pips for now...so there's nothing to do at the moment, we cannot control it - let's wait and see how it develops, if it goes in profit we close it in profit, if it goes in loss we'll close it in loss ...
Keep in mind you're always surfing on a wave with a very thin edge, around 50% of chances that PA can go up or down... we basically only need 51% most of times.
Dont worry too much.... let it go.
Nods80,
You're doing quite a good job, but I really suggest you to be more patient, and avoid staring at every-tick.
I'm GA and EA short too - which I think it was a poor entry of mine, I rate it 6/10 - but it's just ranging within few pips for now...so there's nothing to do at the moment, we cannot control it - let's wait and see how it develops, if it goes in profit we close it in profit, if it goes in loss we'll close it in loss ...
Keep in mind you're always surfing on a wave with a very thin edge, around 50% of chances that PA can go up or down... we basically only need 51% most of times.
Dont worry too much.... let it go.
Lorenzo
- #45,225
- Nov 28, 2014 3:06am Nov 28, 2014 3:06am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
Griffinsoul, Nods80, You're doing quite a good job, but I really suggest you to be more patient, and avoid staring at every-tick. I'm GA and EA short too - which I think it was a poor entry of mine, I rate it 6/10 - but it's just ranging within few pips for now...so there's nothing to do at the moment, we cannot control it - let's wait and see how it develops, if it goes in profit we close it in profit, if it goes in loss we'll close it in loss ... Keep in mind you're always surfing on a wave with a very thin edge, around 50% of chances that PA...
Intelligence is the ability to adapt to change. Stephen Hawking
- #45,227
- Nov 28, 2014 3:11am Nov 28, 2014 3:11am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
Griffinsoul, Nods80, You're doing quite a good job, but I really suggest you to be more patient, and avoid staring at every-tick. I'm GA and EA short too - which I think it was a poor entry of mine, I rate it 6/10 - but it's just ranging within few pips for now...so there's nothing to do at the moment, we cannot control it - let's wait and see how it develops, if it goes in profit we close it in profit, if it goes in loss we'll close it in loss ... Keep in mind you're always surfing on a wave with a very thin edge, around 50% of chances that PA...
- #45,229
- Nov 28, 2014 4:13am Nov 28, 2014 4:13am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
GBPAUD {image}
.I have no good eyes on EA and GA recently, in and out and about...
Appreciation is the key to wealth and happiness
- #45,230
- Edited 4:59am Nov 28, 2014 4:49am | Edited 4:59am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
Ok, just a quick and light one for Friday late trading... GA +30pips : had some really interesting PA : 1H(chart)/4H but the 4H was not fully confirmed - that said we had a great 1H cross and were near obverse resistance/overbought area (on the 4H we are in wave-4 so expect chaos... LOL!!!)... hope it keeps going for everyone... [I should add AChf & AU & something else, got there aswell but AU went on a bit of a stop hunt... LOL]. Oh, also, the drawdown was characteristically different - it started great but then PA came back forcefully and played around the entry...
[I should add AChf & AU & something else, got there aswell but AU went on a bit of a stop hunt... LOL]. Oh, also, the drawdown was characteristically different - it started great but then PA came back forcefully and played around the entry...
- #45,231
- Nov 28, 2014 5:21am Nov 28, 2014 5:21am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
I bet traders are busy shopping on black Friday. We are foreigners too bore here. Having my reading atm, love this phrase from 'Best of BigE.pdf' downloaded from paperclip . I am thinking of heading to hardware store tomorrow to get myself ready for my green pips
"If you decide to trade this Simple Method I recommend you go to your local
hardware store and buy a wheelbarrow to carry your pips to the bank. I got mine gold
plated...
Just follow the simple entry rules and TDI exit rules... this isn't brain surgery or
rocket science. Just follow what I show you... what I tell you... not what others say..."
"If you decide to trade this Simple Method I recommend you go to your local
hardware store and buy a wheelbarrow to carry your pips to the bank. I got mine gold
plated...
Just follow the simple entry rules and TDI exit rules... this isn't brain surgery or
rocket science. Just follow what I show you... what I tell you... not what others say..."
Appreciation is the key to wealth and happiness
- #45,233
- Nov 28, 2014 5:25am Nov 28, 2014 5:25am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
I bet traders are busy shopping on black Friday. We are foreigners too bore here. Having my reading atm, love this phrase from 'Best of BigE.pdf' downloaded from paperclip . I am thinking of heading to hardware store tomorrow to get myself ready for my green pips
- #45,234
- Nov 28, 2014 5:27am Nov 28, 2014 5:27am
I bet traders are busy shopping on black Friday. We are foreigners too bore here. Having my reading atm, love this phrase from 'Best of BigE.pdf' downloaded from paperclip . I am thinking of heading to hardware store tomorrow to get myself ready for my green pips
Repetition is the Mother of Skill
- #45,236
- Nov 28, 2014 5:36am Nov 28, 2014 5:36am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
Morning All, hope you are all well this morning. I'm going to post 2 charts which I entered on the 4H yesterday, I was hoping some of you guys that are familiar with the system could scrutinize them and tell me a few things I could be doing better. The RED vertical line is my Entry, and both stops are moved to B/E. Both trades appear to be turning on the 1H TF, I used the 4H to enter so would you guys stick with it or take the pips and run? thanks. EDIT: I exited on the turn of the 4H TDI, could have grabbed some more if I had listened to the 1H....
- #45,238
- Nov 28, 2014 5:52am Nov 28, 2014 5:52am
{quote} Hi Fd7999, I'm also a noob so I will not try and advise you on your charts... (also, cause I'm having trouble seeing them clearly and I dont want to lead you astry). But if you hang on a bit SJ or a senior member may help. Congrats if you got some green pips
Cheers Griffinsoul,
ended up +45 but I was +65 at one point. Have you been learning on the 1H charts or sticking to the 4H/Daily Trend/over bought areas and then looking for the entry on the 1H. I read a good post from jagpalsingh Post 41338. Not sure how this would play out but sounds a possibility. I remember reading a post from Big E saying something along the lines of : why bother with the smaller time frames, they are just there to mess you around, stick to the bigger time frames so you don't need to micro manage.
I personally have been looking for trades on the 4H Chart but are either in line with the daily/ weekly trend or the daily weekly trend is loosing momentum and possibly turning (still a counter trend trade tho but would try and move it on to the daily if possible). What TF have you been working with?
And apologies for the crowded chart.... I was trying to show areas of resistance and 9 times out of 10 I dont use fibs.... this just happened to be that 1.... but any advice is welcome!!
- #45,239
- Nov 28, 2014 6:01am Nov 28, 2014 6:01am
- Joined Aug 2014 | Status: Membership Terminated | 4,544 Posts
{quote} Cheers Griffinsoul, ended up +45 but I was +65 at one point. Have you been learning on the 1H charts or sticking to the 4H/Daily Trend/over bought areas and then looking for the entry on the 1H. I read a good post from jagpalsingh Post 41338. Not sure how this would play out but sounds a possibility. I remember reading a post from Big E saying something along the lines of : why bother with the smaller time frames, they are just there to mess you around, stick to the bigger time frames...
- #45,240
- Nov 28, 2014 6:11am Nov 28, 2014 6:11am
- Joined Feb 2009 | Status: Trader | 1,038 Posts
Thanks for your help, warmth and straight talking Heather.