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Off Road System

  • #441
  • Jan 23, 2015 3:23am Jan 23, 2015 3:23am
Now I have to go again. See you later.

Meanwhile, not overtrading, not impatience...
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  • #442
  • Jan 23, 2015 4:05am Jan 23, 2015 4:05am
Now I have to go too.

Good luck everyone
  • #443
  • Jan 23, 2015 5:25am Jan 23, 2015 5:25am
I'm leaving you with some ideas for GJ
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  • #444
  • Jan 23, 2015 6:21am Jan 23, 2015 6:21am
Hope my idea was helpful.
GJ +40

See you next week.
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  • #445
  • Jan 23, 2015 9:11am Jan 23, 2015 9:11am
Quoting jstmzplsz
Hope my idea was helpful. GJ +40 See you next week. {image}
Wow, nice trade! I was waiting this pair to sell upper. Then, I went away, and I forgot to wath it again.

After that I saw that beautiful down movement.... Oh, I miss it!

For next week I have the challenge to get 120 pips in the whole week, only with the help of this technique. I hope you could encourage me to reach it. I'm learning every day.


See you all next week!
Toni
  • #446
  • Jan 23, 2015 11:14am Jan 23, 2015 11:14am
Hi,

Here my US30 longs a few moments ago
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The only constant is change
  • #447
  • Jan 23, 2015 12:53pm Jan 23, 2015 12:53pm
Quoting littspaniard
Hi, Here my US30 longs a few moments ago {image}
Hello. I copied your trade. My initial objective is reflected in the chart. I would like to know your opinion.
Attached Image (click to enlarge)
Click to Enlarge Name: us30.PNG Size: 146 KB
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  • #448
  • Jan 23, 2015 1:31pm Jan 23, 2015 1:31pm
Quoting forexdaist
{quote} Wow, nice trade! I was waiting this pair to sell upper. Then, I went away, and I forgot to wath it again. After that I saw that beautiful down movement.... Oh, I miss it! For next week I have the challenge to get 120 pips in the whole week, only with the help of this technique. I hope you could encourage me to reach it. I'm learning every day. See you all next week! Toni
I also want to encourage you, and you can get.
Meanwhile I'll recommend a little exercise, "a toro pasao" (Analyze after it happens).
The exercise is that when the day is ending, scrolling through, by eye, price developments and waves. So what you have been looking for the best trades, and point out, paying attention to all the details surrounding these trades (time, volatility, the presence of news, volume changes, position indicators, etc ..) .
I will give some examples of pairs today. I will seek the trades, around the opening of London. In my opinion, the fresh money is a good reason for trading high probability that get your goals quickly, avoiding fatigue browse more difficult and tense opportunities.

Only I note what points in the London session without comment.
A good exercise is to extensively discuss these trades, with great detail. Intuition will feed on these exercises, and will progress at a glance.
So I leave two examples, so you'll understand what I mean. But the work is much higher. You have to analyze everything. Surely you surprised how useful are these exercises.

PS: With this system work, Aliojin won the title of world champion chess against Capablanca (the machine, the invincible, for so many years). You can believe that trading is easier than chess (because I am a chess player).
Attached Image(s) (click to enlarge)
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  • #449
  • Jan 23, 2015 1:44pm Jan 23, 2015 1:44pm
Quoting Patron
{quote} Hello. I copied your trade. My initial objective is reflected in the chart. I would like to know your opinion. {image}
US30

I added two long again, based solely on the reverse pattern. This is not what I call a high probability trade, nor recommended. But I wanted to experience first hand, trading at this time.
My stoploss the frightened. Wait to Monday. By the way, there is important news this weekend?
Attached Image (click to enlarge)
Click to Enlarge Name: US30ADD.PNG Size: 152 KB
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  • #450
  • Jan 23, 2015 1:46pm Jan 23, 2015 1:46pm
Quoting jstmzplsz
Hope my idea was helpful. GJ +40 See you next week. {image}
Anyone who has wanted to use the alternatives you pointed out, sure could benefit greatly.
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  • #451
  • Jan 23, 2015 1:53pm Jan 23, 2015 1:53pm
Quoting Patron
{quote} US30 I added two long again, based solely on the reverse pattern. This is not what I call a high probability trade, nor recommended. But I wanted to experience first hand, trading at this time. My stoploss the frightened. Wait to Monday. By the way, there is important news this weekend? {image}
Tomorrow I will publish the trade of US30, if I get the stop loss, and if not touches, then wait until Monday.
Good weekend to everyone!
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  • #452
  • Jan 23, 2015 2:24pm Jan 23, 2015 2:24pm
Quoting Patron
{quote} US30 I added two long again, based solely on the reverse pattern. This is not what I call a high probability trade, nor recommended. But I wanted to experience first hand, trading at this time. My stoploss the frightened. Wait to Monday. By the way, there is important news this weekend? {image}
hi Patron, the targert was around the zone you marked. If i can, i like do partial profit and let free another trade with small stop loss, for example below the nearest swing low in this case.

Take notice, the european indexes have closed in green( some of them with nice gains) and sometimes help to move up the us30 Possible new reverse? Possible

on Sunday we have greek elections.

regards
The only constant is change
  • #453
  • Jan 23, 2015 3:17pm Jan 23, 2015 3:17pm
Quoting Patron
{quote} I also want to encourage you, and you can get. Meanwhile I'll recommend a little exercise, "a toro pasao" (Analyze after it happens). The exercise is that when the day is ending, scrolling through, by eye, price developments and waves. So what you have been looking for the best trades, and point out, paying attention to all the details surrounding these trades (time, volatility, the presence of news, volume changes, position indicators, etc ..) . I will give some examples of pairs today. I will seek the trades, around the opening of London....
You are very kind. I'll follow your recommendation, let's see how I manage with that. My feelings are good. I think I have a good technical background, just need a little of help and self-trust (don't know if I expressed well....)

thank you Patrón
marinero Toni
  • #454
  • Jan 24, 2015 5:16am Jan 24, 2015 5:16am
Quoting forexdaist
{quote} You are very kind. I'll follow your recommendation, let's see how I manage with that. My feelings are good. I think I have a good technical background, just need a little of help and self-trust (don't know if I expressed well....) thank you Patrón marinero Toni
Everything will come. There is a will there is a way ("Querer es poder").
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  • #455
  • Edited 5:42am Jan 24, 2015 5:25am | Edited 5:42am
Quoting Patron
{quote} Tomorrow I will publish the trade of US30, if I get the stop loss, and if not touches, then wait until Monday. Good weekend to everyone!
My long trades were closed with losses of -160 pips. Then, I opened shorts that I closed 5 minutes before the weekly close with gains of +100 pips, approx. In summary, this experiment lost, for my style of scalping, -60 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: us30experime.PNG Size: 102 KB
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  • #456
  • Jan 24, 2015 5:41am Jan 24, 2015 5:41am
Quoting littspaniard
{quote} hi Patron, the targert was around the zone you marked. If i can, i like do partial profit and let free another trade with small stop loss, for example below the nearest swing low in this case. Take notice, the european indexes have closed in green( some of them with nice gains) and sometimes help to move up the us30 Possible new reverse? Possible on Sunday we have greek elections. regards
The European indexes ended in green, then much like the reverse pattern formed. However, none of the two signals were sufficient to ensure the opening of trades for long.
Thinking a little deeper into this, I came to several conclusions.
First, that the time was not right, that day (Friday) was not adequate, and that the elections in Greece close, not favoring any trade at this point.
Secondly, I think the US indices influence on other markets, and is more difficult to happen in reverse.
Furthermore, when this happens, it is a time when the smart money will not risk, unless it have special information that provokes.
The smart money took profits, and the index dropped. That is normal. They take profits at the end of the day, at the end of the week, and wait to see what happens with Greece.
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  • #457
  • Jan 24, 2015 5:52am Jan 24, 2015 5:52am
Quoting Patron
{quote} The European indexes ended in green, then much like the reverse pattern formed. However, none of the two signals were sufficient to ensure the opening of trades for long. Thinking a little deeper into this, I came to several conclusions. First, that the time was not right, that day (Friday) was not adequate, and that the elections in Greece close, not favoring any trade at this point. Secondly, I think the US indices influence on other markets, and is more difficult to happen in reverse. Furthermore, when this happens, it is a time when...
And if we make a broader technical analysis, we see that the odds of success were even lower, because we were facing a correction greater degree, at least.
There is a reverse pattern in H1.
Attached Image (click to enlarge)
Click to Enlarge Name: us30h1.PNG Size: 127 KB
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  • #458
  • Edited 6:14am Jan 24, 2015 5:59am | Edited 6:14am
Quoting Patron
{quote} And if we make a broader technical analysis, we see that the odds of success were even lower, because we were facing a correction greater degree, at least. There is a reverse pattern in H1. {image}
I could put a dozen more excuses to classify those trades for long intraday, very low probability. But I think anyone can do now, and understand my message.
I would add that I do experiments on demo, that the practice of a new system, I do in real small accounts, and confirmed the systems carried out under normal real accounts.
The practice of a system, once you understand, should always be done in small live accounts, so that the affective component part of trading. In a demo account does not happen, and would acquire bad habits of trading.
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  • #459
  • Jan 24, 2015 6:18am Jan 24, 2015 6:18am
Quoting Patron
{quote} I could put a dozen more excuses to classify those trades for long intraday, very low probability. But I think anyone can do now, and understand my message. I would add that I do experiments on demo, that the practice of a new system, I do in real small accounts, and confirmed the systems carried out under normal real accounts. The practice of a system, once you understand, should always be done in small live accounts, so that the affective component part of trading. In a demo account does not happen, and would acquire bad habits of trading....
US30

I do not know if my previous messages clearly reflects that'm talking about intraday trading only.
At other levels, I have not reviewed this index. Therefore, I do not know if in the medium term or long term will be bullish, plane, or bearish.
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  • #460
  • Jan 24, 2015 10:02am Jan 24, 2015 10:02am
Quoting Patron
{quote} My long trades were closed with losses of -160 pips. Then, I opened shorts that I closed 5 minutes before the weekly close with gains of +100 pips, approx. In summary, this experiment lost, for my style of scalping, -60 pips. {image}
thank you very much for your messages. Very interesting way you minimize your loss. That`s for me the trading.
The only constant is change
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