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Trading the middle TZ's

  • #181
  • Mar 10, 2015 6:08am Mar 10, 2015 6:08am
This is how GU is treating me.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 51 KB
My help is in the name of the Lord who made heaven and earth.
  • #182
  • Mar 10, 2015 6:42am Mar 10, 2015 6:42am
Quoting EnDirect
{quote} Which pairs please? Demo or live?
AUDUSD, EURJPY, EURUSD, GBPUSD, all pairs with very less spread (normally 0 - 0,8 pips). At the moment still Demo.
  • #183
  • Mar 10, 2015 6:46am Mar 10, 2015 6:46am
Quoting Albertdkpllh
This is how GU is treating me. {image}
Just lost 55 pips.
Bad day for me with GU 1H. Hope others are doing well
My help is in the name of the Lord who made heaven and earth.
  • #184
  • Mar 10, 2015 7:12am Mar 10, 2015 7:12am
Quoting Albertdkpllh
I think as time goes on we will collectively agree on MM, R:R and the psychology of our trades. I agree that systems will fail, infact i failed here twice and am in GU that seems to be dangling for now, but i will manage it to the end. With time you will realise some tricks about this system for yourselves. e.g. the hight of the potential zone being created must be considered. I hinted that the bigger the high of the zone the better your chances of taking 10 pips. Am sorry that unfortunately the further away my stop loss is from my initial entry...

" Am sorry that unfortunately the further away my stop loss is from my initial entry the better my chances of securing 10 pips. "

There's no doubt about that. But you need about 5 winners for 1 loser, and this only for BreakEven! I'm sure you'll lose in the long run, if you don't change your R:R
  • #185
  • Mar 10, 2015 7:39am Mar 10, 2015 7:39am
Quoting Albertdkpllh
{quote} Just lost 55 pips. Bad day for me with GU 1H. Hope others are doing well
I guess GU try to break the last support (From last friday) you can see within posted char.
BTW, I am sure GU will go down. You may have green pips with higher stoploss.
Let's see what happen .
  • #186
  • Mar 10, 2015 7:53am Mar 10, 2015 7:53am
Quoting Albertdkpllh
{quote} Just lost 55 pips. Bad day for me with GU 1H. Hope others are doing well
I'm sorry about that one, that's part of the business, is the cost of doing business. Look for reasons NOT to take all the MTZ's , if you cannot find one, you have found a low risk entry.... and you only need 2 of those per day...

....stack all the reasons to take a MTZ's in your favor and many things nice begin to happen.
*PA
*S+R
*DPP
*BRN
*move to lower TF for better SL placement
*good MM
*etc, etc....

Cheers.
Time always comes before price
  • #187
  • Mar 10, 2015 10:11am Mar 10, 2015 10:11am
Quoting fxrabbi
{quote} I'm sorry about that one, that's part of the business, is the cost of doing business. Look for reasons NOT to take all the MTZ's , if you cannot find one, you have found a low risk entry.... and you only need 2 of those per day... ....stack all the reasons to take a MTZ's in your favor and many things nice begin to happen. *PA *S+R *DPP *BRN *move to lower TF for better SL placement *good MM *etc, etc.... Cheers.
My help is in the name of the Lord who made heaven and earth.
  • #188
  • Mar 10, 2015 10:11am Mar 10, 2015 10:11am
Quoting Ducdaovn
{quote} I guess GU try to break the last support (From last friday) you can see within posted char. BTW, I am sure GU will go down. You may have green pips with higher stoploss. Let's see what happen .
My help is in the name of the Lord who made heaven and earth.
  • #189
  • Mar 10, 2015 10:12am Mar 10, 2015 10:12am
Quoting Traffex
{quote} " Am sorry that unfortunately the further away my stop loss is from my initial entry the better my chances of securing 10 pips. " There's no doubt about that. But you need about 5 winners for 1 loser, and this only for BreakEven! I'm sure you'll lose in the long run, if you don't change your R:R
My help is in the name of the Lord who made heaven and earth.
  • #190
  • Mar 10, 2015 10:14am Mar 10, 2015 10:14am
I still take 10 pips per trade. Hope to manage this one better
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDH1.png Size: 60 KB
My help is in the name of the Lord who made heaven and earth.
  • #191
  • Mar 10, 2015 1:14pm Mar 10, 2015 1:14pm
Quoting fxrabbi
Fast trades this morning, eurusd +20 and gbpusd +20, total +40pips target met, waiting for bonus trades, thank you Albertdkpllh, and green pips to other traders. {image} {image}
Just doublechecking: what is your h value for 15 mins charts? Thank you.
  • #192
  • Mar 10, 2015 1:43pm Mar 10, 2015 1:43pm
Quoting MidnightRun
{quote} Just doublechecking: what is your h value for 15 mins charts? Thank you.

H -7
Time always comes before price
  • #193
  • Mar 10, 2015 6:27pm Mar 10, 2015 6:27pm
EJ +10 Done for the day.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15 11.3.15_1.png Size: 50 KB
  • #194
  • Mar 10, 2015 6:46pm Mar 10, 2015 6:46pm
Quoting fxrabbi
{quote} I make NO interference post trigger - stop or target; its a do or die thing for me in this department....the trick is, it allows me to be PATIENCE.
So on your 15mins time frame, your stop loss is a fixed 10 pips and take profit 20 pips?
  • #195
  • Mar 10, 2015 9:25pm Mar 10, 2015 9:25pm
Quoting jeetvirk
EJ +10 Done for the day. {image}
My help is in the name of the Lord who made heaven and earth.
  • #196
  • Mar 11, 2015 1:20am Mar 11, 2015 1:20am
Bonus Trades
EU +10
EJ +10

Total +30 for today
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD-ProM15 11.3.15_2.png Size: 51 KB
Click to Enlarge Name: EURJPY-ProM15 11.3.15_1.png Size: 48 KB
  • #197
  • Mar 11, 2015 1:36am Mar 11, 2015 1:36am
Quoting jeetvirk
EJ +10 Done for the day. {image}
What is the h value you use for 15 mins? thank you.
  • #198
  • Mar 11, 2015 1:41am Mar 11, 2015 1:41am
Quoting Esosa
{quote} So on your 15mins time frame, your stop loss is a fixed 10 pips and take profit 20 pips?
Yes
Time always comes before price
  • #199
  • Mar 11, 2015 1:47am Mar 11, 2015 1:47am
Did not take this trade because of the Red news.
For me no trade 1H before and 30M after every Red news.

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDmicroM15.png Size: 66 KB
Time always comes before price
  • #200
  • Mar 11, 2015 1:51am Mar 11, 2015 1:51am
Quoting jeetvirk
Bonus Trades EU +10 EJ +10 Total +30 for today {image} {image}
Weldone
Time always comes before price
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