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Trading Made Simple

  • #46,181
  • Dec 9, 2014 5:11pm Dec 9, 2014 5:11pm
Quoting snarlyjack
{quote} Twellve, DOTS, is not in the paperclip. It is the system with the guppy's & levels that I have been showing you. You have to put in the guppy moving averages yourself by adding moving averages (ema/close, 30,35,40,45,50,55 & 60). Then go to the paperclip & get the supply/demand indicator. Hope this helps you. sj
Thanks SJ - been adding lots of indicators to see signals to work on trading now too busy - will start afresh and post tomorrow to see if it's a working option


Happy pipage
  • #46,182
  • Dec 9, 2014 5:32pm Dec 9, 2014 5:32pm
Quoting bythepound
SnarlyJack, Do you wait for price to break the PAC before entering and then close the trade when the price settles back in the PAC? I have been the PAC for years and noted a lot of times that it's too late by the time price opens outside the PAC. With all other conditions being met, it seems that one could enter the trade and "hope" the price breaks the PAC and then manage the trade accordingly.
Bythepound,

I trade very holistic!

Which means I look at everything. I look at the trend, I look at the levels,
I look at the tdi, I look at the pac, I look at the time of day, I look at the apb's color,
I look at price action of the apb's.

After I gather all my information... I will make my trade on the 4 hour chart
and set my target & stop loss. Then shut the computer down. I will not let the
market syke me out. The trade either hits my target or my stop loss. I'll let the
trade thrash around between my target & stop loss.

I like to use "set & forget" trading style. Set the trade and let the market do it's
thing. Their is a beginning, a middle & a end to a trade. I don't interfere with my trades.
The market will do what the market does & I will do what I do...

They key is: The market is unpredictable & it's a probability game!
I've lost on great trades...and won on stupid trades. Always think probabilities.
Their is no 100%. At best maybe 70% vs, 30%. Always protect yourself using a stop-loss.
This system gives me confidence in my trading...

Hope this helps you.

sj
  • #46,183
  • Edited 9:55pm Dec 9, 2014 7:36pm | Edited 9:55pm
Opened a short AU mainly because of bounce down and also news(for the momentum)
TP is at +30
this one is on real account

closed for BE
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Daniel
  • #46,184
  • Dec 9, 2014 9:53pm Dec 9, 2014 9:53pm
Why you should always enter on a candle close ?

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Kindest Regards
  • #46,185
  • Dec 9, 2014 10:14pm Dec 9, 2014 10:14pm
Quoting MrAussieFX
Why you should always enter on a candle close ? {image} {image} Kindest Regards
Point Noted ...
Your posts are always very educative ... One way or the other ....
Thanks
  • #46,186
  • Dec 9, 2014 10:23pm Dec 9, 2014 10:23pm
Quoting likica
GN short with divergent for +90 green {image}
Super trading likica!!!

Quoting omonisha
{quote} Nice
LOL! That icon makes me laugh so much ... hilarious!

Quoting nods80
usdjpy Trailing stop hit for 68 green {image}
well done nods80 mate!!!

Congrats Ballistical(great stats), LL(how are you mate!), Vladbold, Greenb, and anyone else ...
  • #46,187
  • Dec 9, 2014 10:36pm Dec 9, 2014 10:36pm
Currently in GJ +50, UJ +30, GN +20 all @ BE+com, GChf +5 [all trades light mode]... This is GChf +51pips 1H(bounce)/4H play - a bit late to the party, tried to get in @ the Close on the second candle but got the start of third... One thing I noticed was if you have a hammer like this moving into support it would be a good counter play trade at least for a scalp as it develops a great looking cross... ???
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  • #46,188
  • Dec 9, 2014 11:02pm Dec 9, 2014 11:02pm
News Flash Traders: The Yen Is Falling!

Currently in GJ +50, UJ +33, GN +42
  • #46,189
  • Dec 9, 2014 11:07pm Dec 9, 2014 11:07pm
Quoting griffinssoul
Currently in GJ +50, UJ +30, GN +20 all @ BE+com, GChf +5 [all trades light mode]... This is GChf +51pips 1H(bounce)/4H play - a bit late to the party, tried to get in @ the Close on the second candle but got the start of third... One thing I noticed was if you have a hammer like this moving into support it would be a good counter play trade at least for a scalp as it develops a great looking cross... ??? {image}
You are the king of FF today GS
Appreciation is the key to wealth and happiness
  • #46,190
  • Dec 9, 2014 11:10pm Dec 9, 2014 11:10pm
Quoting likica
{quote} You are the king of FF today GS
Hi likica, I owe it to traders like LW, WDays, SJ and many other great traders that I've learnt from... I humbly thank them all!

Moved SL - locked in around 60pips...90pips
  • #46,191
  • Dec 9, 2014 11:14pm Dec 9, 2014 11:14pm
Quoting griffinssoul
News Flash Traders: The Yen Is Falling! Currently in GJ +50, UJ +33, GN +42




Similar trades here....

EA @ +20
GA @ +30
GN @ +15

Also with all stops to BE + a few.

Sheesh, I really hope they don't bounce back on me !!!!! Like they're starting to right now. And of course, whenever the market gets busy, I begin dropping in / out with my internet connection (like every 60-90 seconds).

Must... to... walk... away... from... computer !
  • #46,192
  • Dec 9, 2014 11:15pm Dec 9, 2014 11:15pm
Quoting griffinssoul
{quote} Hi likica, I owe it to traders like LW, WDays, SJ and many other great traders that I've learnt from... I humbly thank them all! Moved SL - locked in around 60pips...

60 on which one ?
  • #46,193
  • Dec 9, 2014 11:17pm Dec 9, 2014 11:17pm
Quoting sknight1
{quote} Similar trades here.... EA @ +20 GA @ +30 GN @ +15 Also with all stops to BE + a few. Sheesh, I really hope they don't bounce back on me !!!!! Like they're starting to right now. And of course, whenever the market gets busy, I begin dropping in / out with my internet connection. Must... to... walk... away... from... computer !
Nice one sknight1 Seems like the Asian session is breaking loose... I was only expecting 30pip moves...
  • #46,194
  • Dec 9, 2014 11:18pm Dec 9, 2014 11:18pm
Quoting griffinssoul
{quote} Nice one sknight1 Seems like the Asian session is breaking loose... I was only expecting 30pip moves...

GN just got stopped for +5.

Wondering if it would be worth re-rentering on a 15M time frame?
  • #46,195
  • Dec 9, 2014 11:18pm Dec 9, 2014 11:18pm
Quoting sknight1
{quote} 60 on which one ?
in total... GN hit SL @ 30pips and I've locked in 2x30pips = 90 locked in so far... GChf is not doing anything...

GJ SL @ 31pips...
  • #46,196
  • Dec 9, 2014 11:24pm Dec 9, 2014 11:24pm
Quoting griffinssoul
{quote} in total... GN hit SL @ 30pips and I've locked in 2x30pips = 90 locked in so far... GChf is not doing anything... GJ SL @ 31pips...
Congrats.

But you're not making me feel any better. LOL
  • #46,197
  • Dec 9, 2014 11:25pm Dec 9, 2014 11:25pm
Quoting sknight1
{quote} Congrats. But you're not making me feel any better. LOL
LOL... I'm trading light so this is just peanuts and I'm trading monkey style...
  • #46,198
  • Dec 9, 2014 11:32pm Dec 9, 2014 11:32pm
Quoting griffinssoul
{quote} LOL... I'm trading light so this is just peanuts and I'm trading monkey style...

Nope, still doesn't make feel any better. Try harder.

Re-entered GN short on what looks like a 15M bounce south.

ETA: and just like that, its at +20
  • #46,199
  • Dec 9, 2014 11:34pm Dec 9, 2014 11:34pm
Quoting sknight1
{quote} Nope, still doesn't make feel any better. Try harder. Re-entered GN short on what looks like a 15M bounce south.
LOL... out of UJ SL @32 : so thats around 90pips with GChf @ a huge 1pip 2pips

Got to watch out for the Asian session cause they'll whip it back @ you and you'll say why didn't I set BE and just re-entry etc... a tough call...
  • #46,200
  • Dec 9, 2014 11:40pm Dec 9, 2014 11:40pm
Quoting griffinssoul
{quote} LOL... out of UJ SL @32 : so thats around 90pips with GChf @ a huge 1pip 2pips Got to watch out for the Asian session cause they'll whip it back @ you and you'll say why didn't I set BE and just re-entry etc... a tough call...

Wonder what LO will have to show us.... a move in the opposite direction, or continuation of the way things are moving right now.
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