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  • #1,661
  • Jun 11, 2015 7:02am Jun 11, 2015 7:02am
Quoting Mr. Scott
{quote} Some EN {image}

Thankyou Mr Scott,,,, looking good
.... laughing all the way to the bank
  • #1,662
  • Jun 11, 2015 7:03am Jun 11, 2015 7:03am
Quoting itsallover
{quote} ,,,,nice ,,,, seeing as I've already spent the money lol,,,,,,
I like to share another thing which I quietly moniter
I like Bill Williams indicators and system in general but his fractal indie is beautiful.
Notice on H4 after every fractal price turned.
Goes without saying that Price can shutter any indi but look closely.
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #1,663
  • Jun 11, 2015 7:07am Jun 11, 2015 7:07am
Quoting Davit
{quote} I like to share another thing which I quietly moniter I like Bill Williams indicators and system in general but his fractal indie is beautiful. Notice on H4 after every fractal price turned. Goes without saying that Price can shutter any indi but look closely. {image}

,,,,,, pretty cool Davit ,,,,, you'd only be able to see the fractal on the third candle after it has formed ,right?
.... laughing all the way to the bank
  • #1,664
  • Jun 11, 2015 7:12am Jun 11, 2015 7:12am
Quoting itsallover
{quote} ,,,,,, pretty cool Davit ,,,,, you'd only be able to see the fractal on the third candle after it has formed ,right?
Easiest way to see is your hands your middle finger is fractal.
All markets are fractals and even Elliot Wave harmonics are part of fractal.H4 is good in my opinion lower TF are too many.
My NU long is starting to have legs+5pips
In trading, you have to be defensive and aggressive at the same time
  • #1,665
  • Jun 11, 2015 7:14am Jun 11, 2015 7:14am
Quoting wyley187
{quote}Will DO!!...what is your guys take on gbp/jpy? I botched the entry but I took a short looking for 1.8950.. I should have waited til it got closer to the trendline for a retest.I also broke my rules, since guppies weren't confirming.. I will kill it if it breaks and closes above the high of 1.9192, Thoughts anybody? {image}
Know this chart is around, easier to just post but I think you answered your own question. Potentially very good trade but....
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYMonthly611.jpg Size: 256 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,666
  • Jun 11, 2015 7:15am Jun 11, 2015 7:15am
Quoting Davit
{quote} Easiest way to see is your hands your middle finger is fractal. All markets are fractals and even Elliot Wave harmonics are part of fractal.H4 is good in my opinion lower TF are too many.
H4 is most dependable.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,667
  • Jun 11, 2015 7:15am Jun 11, 2015 7:15am
Quoting Davit
{quote} Easiest way to see is your hands your middle finger is fractal. All markets are fractals and even Elliot Wave harmonics are part of fractal.

,,,when you say it like that ,,,, you don't even need the indie now I'm a visual learner so that really resounds with me
.... laughing all the way to the bank
  • #1,668
  • Jun 11, 2015 7:21am Jun 11, 2015 7:21am
Quoting Mr. Scott
{quote} H4 is most dependable.

Want to add more on EG
Once Greece crises is resolved and I think solution will be found Euro will shoot high.Kind of laying the groundwork now.
In trading, you have to be defensive and aggressive at the same time
  • #1,669
  • Jun 11, 2015 7:31am Jun 11, 2015 7:31am
Quoting itsallover
{quote} ,,,when you say it like that ,,,, you don't even need the indie now I'm a visual learner so that really resounds with me
Another thing to pay attention is daily ADR
I rarely trade anything above 150ADR.Just a preference.I prefer pairs that travel in smaller range like EG UC AU NU
Crosses specially EUR and GBP are wild beasts and getting it wrong is costly.Because of high ADR your entry as far as direction could be correct but you could be off 50-75pips.Question is are you willing to take that much DD
Example GN yesterday went up almost 700pips
In trading, you have to be defensive and aggressive at the same time
  • #1,670
  • Jun 11, 2015 7:33am Jun 11, 2015 7:33am
GU really fighting with 5500
Ghost Rider - WWTBMD?
  • #1,671
  • Jun 11, 2015 7:41am Jun 11, 2015 7:41am
Quoting Davit
{quote} Another thing to pay attention is daily ADR I rarely trade anything above 150ADR.Just a preference.I prefer pairs that travel in smaller range like EG UC AU NU Crosses specially EUR and GBP are wild beasts and getting it wrong is costly.Beca,makes senseuse of high ADR your entry as far as direction could be correct but you could be off 50-75pips.Question is are you willing to take that much DD Example GN yesterday went up almost 700pips
,,,, makes sense Davit. I'm trading a miniscule account so I don't feel deep DDs that much,,,,,, As soon as I'll start trading big money I'll defintely have to think about pairs that are not too volatile. Thankyou for your insights ,,,,,I really appreciate them and I'll bookmark this post for reviewing at a later date.
.... laughing all the way to the bank
  • #1,672
  • Jun 11, 2015 7:57am Jun 11, 2015 7:57am
Quoting Davit
{quote} Another thing to pay attention is daily ADR I rarely trade anything above 150ADR.Just a preference.I prefer pairs that travel in smaller range like EG UC AU NU Crosses specially EUR and GBP are wild beasts and getting it wrong is costly.Because of high ADR your entry as far as direction could be correct but you could be off 50-75pips.Question is are you willing to take that much DD Example GN yesterday went up almost 700pips

,,, so funny that you should mention this now,,,, my EZ trade has just hit 76 pips DD
.... laughing all the way to the bank
  • #1,673
  • Jun 11, 2015 8:09am Jun 11, 2015 8:09am
Quoting itsallover
{quote} ,,, so funny that you should mention this now,,,, my EZ trade has just hit 76 pips DD
,,,way too close,,,, 9.6 pips from my SL
.... laughing all the way to the bank
  • #1,674
  • Jun 11, 2015 8:09am Jun 11, 2015 8:09am
Quoting Davit
{quote} Want to add more on EG Once Greece crises is resolved and I think solution will be found Euro will shoot high.Kind of laying the groundwork now.
Hi Davit ... you are still loading with large "mental" stops like you used to do? I read the book "Bird watching in Lion Country" where this is suggested but found out it did not suit me. Without a hard sl, I do not feel comfortable.
Fix up, trade sharp ...
  • #1,675
  • Jun 11, 2015 8:15am Jun 11, 2015 8:15am
Quoting Hickson
{quote} Hi Davit ... you are still loading with large "mental" stops like you used to do? I read the book "Bird watching in Lion Country" where this is suggested but found out it did not suit me. Without a hard sl, I do not feel comfortable.
No I like to keep my DD small but still use some of the book ideas.To me most important now is risk management profits will take care of themselves.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #1,676
  • Jun 11, 2015 8:18am Jun 11, 2015 8:18am
Quoting Davit
{quote} No I like to keep my DD small but still use some of the book ideas.To me most important now is risk management profits will take care of themselves. Regards
I also think so. I am allergic to DD nowadays, even 2-5 % makes me puke. So I know what to avoid. I cut the losses very fast. I think the winners will take care of themselves finally. Then all I need is some money to invest ...
Fix up, trade sharp ...
  • #1,677
  • Jun 11, 2015 8:43am Jun 11, 2015 8:43am
Damn I've missed that one.Actualy I was waiting 2.2222 to be tested firstMaybe later
Attached Image (click to enlarge)
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  • #1,678
  • Jun 11, 2015 8:47am Jun 11, 2015 8:47am
Quoting Hickson
{quote} I also think so. I am allergic to DD nowadays, even 2-5 % makes me puke. So I know what to avoid. I cut the losses very fast. I think the winners will take care of themselves finally. Then all I need is some money to invest ...
I feel I am working better under DD pressure When in profit or close to BE I always do dumb stuff.
  • #1,679
  • Jun 11, 2015 8:48am Jun 11, 2015 8:48am
AUDNZD H1 Short
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZDmicroH1.png Size: 34 KB
.... laughing all the way to the bank
  • #1,680
  • Jun 11, 2015 8:59am Jun 11, 2015 8:59am
Quoting itsallover
AUDNZD H1 Short {image}

,,popping out so will leave a bit more room on SL 1. 10850
.... laughing all the way to the bank
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