Feel the Fear and do it anyway!!!
Trading is as simple as ABCD
- #6,282
- May 27, 2015 2:53am May 27, 2015 2:53am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Feel the Fear and do it anyway!!!
- #6,283
- May 27, 2015 2:56am May 27, 2015 2:56am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Meanwhile my bloody breakout trade has been pulled in and gone the other way when will i ever learn I'm just not built to breakout trade...
Feel the Fear and do it anyway!!!
- #6,284
- May 27, 2015 3:04am May 27, 2015 3:04am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Feel the Fear and do it anyway!!!
- #6,286
- May 27, 2015 3:17am May 27, 2015 3:17am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Ok closed out my "Breakout" on CHFJPY for an 8.2 pip loser and banked my EURNZD runner for a total profit of 28.1 pips as its at yesterdays high, G7 s about to start and I gotta go to work...
Pleased with todays LO as I traded it about as well as I can really, my focus now is on catching the LO runner and not so much scalping the 1 minute moves. basically trade the 1 minute in the direction of the 5 min trend. Will take two trades one an Orphan and one as the runner...
Would be better if I could sit here and trade the whole session but work has to come first until I can get myself some funds together to do this full time...
Will be interesting to look back later and see how my EURNZD "runner" would of held up today???
Off to work catch you alls later...
Pleased with todays LO as I traded it about as well as I can really, my focus now is on catching the LO runner and not so much scalping the 1 minute moves. basically trade the 1 minute in the direction of the 5 min trend. Will take two trades one an Orphan and one as the runner...
Would be better if I could sit here and trade the whole session but work has to come first until I can get myself some funds together to do this full time...
Will be interesting to look back later and see how my EURNZD "runner" would of held up today???
Off to work catch you alls later...
Feel the Fear and do it anyway!!!
- #6,287
- May 27, 2015 3:20am May 27, 2015 3:20am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Look at the higher timeframes.....dangerous {quote}
Lets see what happens to that EURNZD at the end of the session???
Feel the Fear and do it anyway!!!
... right on ! - could you upload/send me a copy of the zigzag indicator you are using ?
- #6,289
- May 27, 2015 5:54am May 27, 2015 5:54am
- | Joined Apr 2014 | Status: Trader | 1,900 Posts
+ pips gained messing around on demo today: 40
- pips lost on live account today: 27.1
going back to demo a few days.
then i will proceed with live account with as small an amount as possible until i have the same consistency as demo.
then, and only then, slowly increase % risk . . .
- pips lost on live account today: 27.1
going back to demo a few days.
then i will proceed with live account with as small an amount as possible until i have the same consistency as demo.
then, and only then, slowly increase % risk . . .
- #6,290
- May 27, 2015 6:28am May 27, 2015 6:28am
- Joined Mar 2007 | Status: Trader | 7,195 Posts
Hi all Help us out with good idears about how to make arrow indicator better. latest version of the arrow indicator, with trading hours filter and ttindy strength filter. It should not signal buy arrows in a down trend and vice versa... but definition of trend is the two HMA's. The current logic for the indicator is: Buy signal (Clive's rules) if all of below happen at the same time: -HMA fast (150) is sloping up (green) -HMA slow (500) is sloping up -HMA fast is above HMA slow -The entry candle is Green - CCI 8 is sloping up - CCI 8 is...
Sorry can't help, my computer took an instant dislike to this not responding virtually the second I loaded the indi on the chart.
On the nzd pairs they can quite easily retrace 50 pips even when trending strongly which can make the first entry risky with a small stop. Anything later taking an entry in a forest of candle signals has to make you wonder, am I getting those clean a b c moves? If you are getting some lower highs in uptrend consider waiting until they have cleared themselves out and given you a HL. Consider avoiding this pair or living with the 20 pip loss as when it goes it goes really well.
+ pips gained messing around on demo today: 40 - pips lost on live account today: 27.1 going back to demo a few days. then i will proceed with live account with as small an amount as possible until i have the same consistency as demo. then, and only then, slowly increase % risk . . .
All I can say is... amen!
I am in the exact same place. Stopped trading live and doing the demo thing until such time as I can show a reasonable pip gain over a period of 1 calendar month.
I WILL NOT TOUCH MY LIVE ACCOUNT AGAIN BEFORE THEN!!
How do you eat an elephant? One small piece at a time!
As we are in the same boat, I will keep you updated on my progress (if)
Will be good to hear how you doing. Brothers in the warzone!
Rgds
Pieter
- #6,292
- May 27, 2015 8:03am May 27, 2015 8:03am
- | Joined Apr 2014 | Status: Trader | 1,900 Posts
{quote} Hi Jason. All I can say is... amen! I am in the exact same place. Stopped trading live and doing the demo thing until such time as I can show a reasonable pip gain over a period of 1 calendar month. I WILL NOT TOUCH MY LIVE ACCOUNT AGAIN BEFORE THEN!! How do you eat an elephant? One small piece at a time! As we are in the same boat, I will keep you updated on my progress (if) Will be good to hear how you doing. Brothers in the warzone! Rgds Pieter
I couldn't stay off the live account, haha. I got 15 of my pips back, but not my money. Here's what I've done (can't believe I didn't start this way!!!!), I cut my risk down soooooo far that it feels like a demo account. Extremely small risk. I will build the account and my confidence back up this way. I need to be live but the risk I was using was crippling my decision making skills and causing me to get make VERY costly mistakes. I am going to ever ever so slowly build up my confidence with the account and ever ever so slowly (hopefully weeks from now) increase my risk. We will see. Trust me I understand where you are if you have been positive on demo but not live, I know all too well.
- #6,293
- May 27, 2015 9:16am May 27, 2015 9:16am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Feel the Fear and do it anyway!!!
- #6,294
- May 27, 2015 10:07am May 27, 2015 10:07am
What a rollercoaster....I am a EUR/USD man and I am concentrating in this pair. Made some nice pips in my real account....but still your indy's helped a lot.
{quote} Yep I hear you Harry thats why I banked, but I tell you what keep an eye on that EURNZD because if it was only about higher timeframes then it would be a piece of cake wouldn't it???
- #6,295
- May 27, 2015 10:30am May 27, 2015 10:30am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
What a rollercoaster....I am a EUR/USD man and I am concentrating in this pair. Made some nice pips in my real account....but still your indy's helped a lot. {quote}
Glad to hear it Harry and your comments were valuable this morning too as it looks like I banked about perfect place on EURNZD, when I'm trading the 1 mins I'm always mindful of the higher timeframe levels like this mornings was yesterdays high and a 15 minlevel..
Just don't hold too much with higher timeframe trends for direction but that said EUR is looking very weak across the board at the moment so definitely better to sell but then I've seen 100's of pips pullbacks on dailys and thats more than I need to make money..
Appreciate your thoughts Harry, keep em coming, you obviously know what you're talking about...
Feel the Fear and do it anyway!!!
- #6,296
- May 28, 2015 4:24am May 28, 2015 4:24am
Didn't have a good evening last night, so I've decided now I'll start posting my trades for feedback.
Took 6 pips, when it faltered at the 75 level; too much resistance in that area; thought it was worthwhile taking a short since it's run up of 260 pips today.
Took 6 pips, when it faltered at the 75 level; too much resistance in that area; thought it was worthwhile taking a short since it's run up of 260 pips today.
- #6,300
- May 28, 2015 6:53am May 28, 2015 6:53am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Feel the Fear and do it anyway!!!