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  • #841
  • Jun 26, 2015 2:26am Jun 26, 2015 2:26am
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There is no "timeframe", time is a continous flow.
Actually "time" is the same occurence as:
Life
Existence
Perception
Thinking
Sequence
Subjectivity

And countless others. I think that once you get that, you realize you can CHANGE your view on EVERYTHING. I do all the time. Like now im considering counter trend logic. Usually i think pro trend logic. 5 years ago all i was thinking was counter trend logic. In between i have wavered and thought about other stuff and on and on. It never stops, it just keeps going. To think that things remain the same is absurd. Not even death remains, its a very short transition. Life is a ride. Dont take it to seriously.
My signature is: "Classified".
  • #842
  • Jun 26, 2015 2:37am Jun 26, 2015 2:37am
Forget to learn
For me learning is A LOT about forgeting. Forgeting what i think i know so i can start a new and look at things as if i never saw them before.
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  • #843
  • Jun 26, 2015 4:33am Jun 26, 2015 4:33am
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  • #844
  • Jun 28, 2015 11:52pm Jun 28, 2015 11:52pm
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  • #845
  • Jun 29, 2015 12:47am Jun 29, 2015 12:47am
This week

I will be trading this week roughly 7-15 London time. Also i will be trading monday 7-15 london time.
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  • #846
  • Jun 29, 2015 2:27am Jun 29, 2015 2:27am
It looks like you are trading against the trend quite often.
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Have you backtested your strategy?
When you backtest, and see that in perfect conditions you have an edge, trading becomes much less involving emotionally.
  • #847
  • Jun 30, 2015 2:04am Jun 30, 2015 2:04am
I lowered lot size and made TP/SL bigger to think more long term.
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  • #848
  • Jun 30, 2015 2:12am Jun 30, 2015 2:12am
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  • #849
  • Jun 30, 2015 4:08am Jun 30, 2015 4:08am
Quoting yaed
I lowered lot size and made TP/SL bigger to think more long term.
Good call. Scalping requires an incredibly in depth knowledge of price action, not to mention militant self control.
  • #850
  • Jul 2, 2015 1:17am Jul 2, 2015 1:17am
Quoting yaed
I have no wish to control. Its boring. Freedom is a lot more fun. This kind of thinking can be applied to any instrument. Any timeframe. Doesnt matter. Its all the same. Though for some reason i prefer the E/G right now. Maybe thats stupid, i dont know. Doesnt matter. Maybe. What kind of moneymanagement i use some have asked? Safest is the next S/R, however insignificant. Then you can go from there eh? Im not saying if you never dunnit you are going to know what to do. I never said so. It took me many years to know what i know. Maybe im wrong, maybe...
exactly! FREEDOM is everything along with good intuitions
It is the dust where you came from & it is the dust where you shall return
  • #851
  • Jul 3, 2015 5:29am Jul 3, 2015 5:29am
The feeling
Wow -3.8%, that hurts. But guess what? Im still here.
This is what i figured:
Trading well is about a feeling that goes beyond the charts and the candlesticks. They wont tell you all you need to know. You need something more. That feeling. It comes and goes and some people never get it. I have the data to back it up that i have it SOMETIMES. Now its a matter of knowing when i got it and when i dont. What i need to do is to learn how to recognize that feeling and trust it.

Now i understand what Crucialpoint means when he said he never backtest. I can see why there is no use in that: Cause you need to look at it live. Its that feeling being there or not being there that makes the difference. Old charts are dead and cant prove or disprove if you would have had that feeling or not.

Nobody can give you that feeling or tell you when its there, you gotta find it deep inside yourself. Its greater and more powerfull then all the supercomputers and math genious wall street people.

I dont know any rigid system that works. There are people that seem to have EAs that works, but i dont know how they do that and im not interested in programming.
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  • #852
  • Jul 3, 2015 6:04am Jul 3, 2015 6:04am
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The TP is much harder, ther i will rely on that feeling i was talking about.
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  • #853
  • Jul 3, 2015 7:39am Jul 3, 2015 7:39am
Quoting yaed
{image}
Brilliant! :-)
  • #854
  • Edited 3:45am Jul 6, 2015 3:29am | Edited 3:45am
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I just realised something i think:
Time is the illusory function that closes the non existent gaps of the perceptive elements of the buyers and the sellers.
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  • #855
  • Jul 7, 2015 8:18am Jul 7, 2015 8:18am
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For these trades i used a specific technique: I didnt think. Every time i started to think, i removed the thoughts.
No thoughts - No fear
I used only what i can describe as intuition.
Probably this is what i have done in the past when i have traded like this, 12 wins 1 loss.
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  • #856
  • Jul 7, 2015 8:41am Jul 7, 2015 8:41am
Arguing with myself about TF
Theoretically i could just change my timeframe and look at only at say H1 instead of M5. It would be a good thing, since now im paying quite a lot of spread as compared to the profit i get to keep. But see, it doesnt work. I use E/G M5 chart to stare at because IT WORKS. Then i have the H1 to see where this weeks levels are. Now i dont even mark then down i just keep track of them visually. The reason is that if i place a line i get to hung up about it, i start thinking to much about it and start relying on it too much. I WANT to trade H4. I WISH i could. But it just doesnt happen. Maybe i should just practice and maybe someday i will get it?
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  • #857
  • Jul 7, 2015 8:52am Jul 7, 2015 8:52am
Quoting yaed
Arguing with myself about TF Theoretically i could just change my timeframe and look at only at say H1 instead of M5. It would be a good thing, since now im paying quite a lot of spread as compared to the profit i get to keep. But see, it doesnt work. I use E/G M5 chart to stare at because IT WORKS. Then i have the H1 to see where this weeks levels are. Now i dont even mark then down i just keep track of them visually. The reason is that if i place a line i get to hung up about it, i start thinking to much about it and start relying on it too much....
Hi yaed,

But does it really work? I mean look at your TE, u are getting a lot of small wins but your losses are big in pips compared to the winning ones. End of the day it doesn't really add up. And I feel maybe u are restricting yourself too much by just only trading EurGbp, I mean its good to be a master of a single currency pair but this pair is very strange in my humble opinion, u might want to consider trading other pairs too. I mean u shouldn't restrict yourself. And I have seen less than 1 min or few secs price starts to shoot without any pre-warning or news in a lot of pips, so its very hard really. Sorry if I'm rambling, I like to ask myself the question "is it really working and I find the TE or other tools let u know objectively", and if its not working, I will refer to Albert Einstein quote: Insanity is doing the same things over & over again while expecting different results" and then I change a little at a time to see what works so I will know the difference instead of changing everything at one go and become confused again. Sorry, just caring. Pls ignore my words if it doesn't rhythm with you, thanks.
And maybe changing TF will help u, no harm trying a little change at a time.

Best Regards,
LearnAlways
I only know I know nothing
  • #858
  • Jul 7, 2015 9:06am Jul 7, 2015 9:06am
Quoting LearnAlways
{quote} Hi yaed, But does it really work? I mean look at your TE, u are getting a lot of small wins but your losses are big in pips compared to the winning ones. End of the day it doesn't really add up. And I feel maybe u are restricting yourself too much by just only trading EurGbp, I mean its good to be a master of a single currency pair but this pair is very strange in my humble opinion, u might want to consider trading other pairs too. I mean u shouldn't restrict yourself. And I have seen less than 1 min or few secs price starts to shoot without...
Oh i have traded A LOT of different pairs and i have looked at all the timeframes there are.
My signature is: "Classified".
  • #859
  • Jul 10, 2015 1:36am Jul 10, 2015 1:36am
up
focus while relaxed to see better
  • #860
  • Edited 4:48am Jul 10, 2015 4:31am | Edited 4:48am
Quoting orabi
up
I read your numerical analysis thread a few months ago. It was interesting. You have a heart of gold.

Insh Allah if thats your way. Otherwise: Loki likes you. Or: Ganesh may bring you luck. If that doesnt work, i am sure Gaia will protect you.
My signature is: "Classified".
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