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  • #241
  • Apr 13, 2015 4:03am Apr 13, 2015 4:03am
Thanks yead, looks very interesting.
I promised to make a BT for previous day H/L system, and have done so but first outcome was negative and i didn't have time to investigate why and what could be done to improve.
Maybe (becoming more cautious with my promisses ) if i have time i will see in to this new system, but it looks great and also the logic behind it feels better.
Persistence will get it. Consistency will keep it.
  • #242
  • Apr 13, 2015 4:03am Apr 13, 2015 4:03am
This is what pain looks like to me. Here i really fucked up 5 years ago as a newbie
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  • #243
  • Apr 13, 2015 4:04am Apr 13, 2015 4:04am
Quoting Chake
Thanks yead, looks very interesting. I promised to make a BT for previous day H/L system, and have done so but first outcome was negative and i didn't have time to investigate why and what could be done to improve. Maybe (becoming more cautious with my promisses ) if i have time i will see in to this new system, but it looks great and also the logic behind it feels better.
Well its sort of the same logic actually.
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  • #244
  • Apr 13, 2015 4:07am Apr 13, 2015 4:07am
Yeah i see what you mean, it is sort of the same, but this time the highs and lows are not made by a time frame (daily in previous system) but they are made when they are made, if you get what i mean, and that to me is better logic.
Persistence will get it. Consistency will keep it.
  • #245
  • Apr 13, 2015 4:12am Apr 13, 2015 4:12am
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Selling stopped, now its just screwing around.
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  • #246
  • Apr 13, 2015 4:13am Apr 13, 2015 4:13am
Quoting Chake
Yeah i see what you mean, it is sort of the same, but this time the highs and lows are not made by a time frame (daily in previous system) but they are made when they are made, if you get what i mean, and that to me is better logic.
Ok, yeah sure i see what you mean.
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  • #247
  • Apr 13, 2015 4:28am Apr 13, 2015 4:28am
Quoting yaed
{image} Selling stopped, now its just screwing around.
I think we go to the low at 1.04612 so i rather dont close positions
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  • #248
  • Apr 13, 2015 4:36am Apr 13, 2015 4:36am
Hi Yaed,

I can't believe myself since 6th April - till toady I have 50 wins and 14 lost. 14 lost because I have to work in the shift, otherwise results would be much better. Thanks brother for everything.

Bomi
  • #249
  • Apr 13, 2015 4:56am Apr 13, 2015 4:56am
Quoting Bomi
Hi Yaed, I can't believe myself since 6th April - till toady I have 50 wins and 14 lost. 14 lost because I have to work in the shift, otherwise results would be much better. Thanks brother for everything. Bomi
Yeah there you go, you get it to i guess.
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  • #250
  • Apr 13, 2015 4:57am Apr 13, 2015 4:57am
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See, of course i fuck up when i dont follow my own logic.
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  • #251
  • Apr 13, 2015 5:21am Apr 13, 2015 5:21am
Want to know how to get rich? Log off ff, forget your password and username and only open your trading account. Study that until you see a repeatable setup and only trade that. Boring as hell, profitable as heaven...
  • #252
  • Apr 13, 2015 5:21am Apr 13, 2015 5:21am
Quoting yaed
{quote} Yeah there you go, you get it to i guess.
Hi Yaed,

Though it is demo but still I am getting confidence.

Bomi
  • #253
  • Apr 13, 2015 5:41am Apr 13, 2015 5:41am
Quoting yaed
This is what pain looks like to me. Here i really fucked up 5 years ago as a newbie {image}
YOU need some powerful indicators that acts on longer tf ..say daily charts and h4. i have some n they are very effective
  • #254
  • Apr 13, 2015 6:09am Apr 13, 2015 6:09am
Quoting carlin254
{quote} YOU need some powerful indicators that acts on longer tf ..say daily charts and h4. i have some n they are very effective
No thanks.
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  • #255
  • Apr 13, 2015 8:45am Apr 13, 2015 8:45am
Errh... i think i know why brokers dont want you to place a buy limit above price and a sell limit below price. Because you need to do that to be profitable.
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  • #256
  • Apr 13, 2015 8:59am Apr 13, 2015 8:59am
Quoting yaed
Errh... i think i know why brokers dont want you to place a buy limit above price and a sell limit below price. Because you need to do that to be profitable.
Hi yaed,

I mean isn't using buy stop & sell stop the same as what you suggested? Pls forgive my ignorance and enlighten me. Once again, thanks for everything.

Best Regards,
LearnAlways
I only know I know nothing
  • #257
  • Apr 13, 2015 9:49am Apr 13, 2015 9:49am
Quoting Gareth22
Want to know how to get rich? Log off ff, forget your password and username and only open your trading account. Study that until you see a repeatable setup and only trade that. Boring as hell, profitable as heaven...
Yep! Nothing better than action to get a result
  • #258
  • Apr 13, 2015 10:05am Apr 13, 2015 10:05am
Quoting LearnAlways
{quote} Hi yaed, I mean isn't using buy stop & sell stop the same as what you suggested? Pls forgive my ignorance and enlighten me. Once again, thanks for everything. Best Regards, LearnAlways
Erh no. I mean that its often a good idea to place a buy entry above current price and its often good to place a sell entry below current price.

Thats controary to the 99% of trading logic where you buy low and sell high. If you do that you place a buy limits below and sell limits above curent price. Im saying all that is bullshit. That dont work if you ask me.
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  • #259
  • Apr 13, 2015 10:42am Apr 13, 2015 10:42am
Quoting yaed
{quote} Erh no. I mean that its often a good idea to place a buy entry above current price and its often good to place a sell entry below current price. Thats controary to the 99% of trading logic where you buy low and sell high. If you do that you place a buy limits below and sell limits above curent price. Im saying all that is bullshit. That dont work if you ask me.
Pls check my understanding, thanks.

Conventional Brainwash Trading Logic is "Buy Low and Sell High". Reason being: Textbooks Brainwash into Support & Resistance.

Correct Trading Logic should be "Buy High & Sell Low". Reason being: You are following the most current momentum be it either Trend or Range.

Best Regards,
LearnAlways
I only know I know nothing
  • #260
  • Apr 13, 2015 11:11am Apr 13, 2015 11:11am
Quoting LearnAlways
{quote} Pls check my understanding, thanks. Conventional Brainwash Trading Logic is "Buy Low and Sell High". Reason being: Textbooks Brainwash into Support & Resistance. Correct Trading Logic should be "Buy High & Sell Low". Reason being: You are following the most current momentum be it either Trend or Range. Best Regards, LearnAlways
Well erh...
A bit like that.
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