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00 Level Trading: EsikeM30Bomb

  • #241
  • Jul 10, 2015 6:01am Jul 10, 2015 6:01am
Quoting fxrabbi
{quote} You need to set Daily Minimum Target and once you have reached that, please close for the day. Yomi. Edit: I did not see the above post, before I post the above. Yes, my Minimum Daily Target is 20pips. Yomi.
Hi.

Means if per trade u have TP20, then u will closed for the day.
Am i right?

Thanks.
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  • #242
  • Jul 10, 2015 6:03am Jul 10, 2015 6:03am
Quoting MosesNMY
{quote} Hi. Means if per trade u have TP20, then u will closed for the day. Am i right? Thanks.

Yes.
Time always comes before price
  • #243
  • Jul 10, 2015 6:04am Jul 10, 2015 6:04am
Quoting fxrabbi
{quote} Yes.
Hi.

How long u have been trading using this method?
Just for my curiosity.

Thanks.
Trade With PDF & Wisdom
  • #244
  • Jul 10, 2015 6:08am Jul 10, 2015 6:08am
Quoting MosesNMY
{quote} Hi. How long u have been trading using this method? Just for my curiosity. Thanks.
June 2014, started with Udine.
Time always comes before price
  • #245
  • Jul 10, 2015 6:19am Jul 10, 2015 6:19am
Quoting fxrabbi
{quote} June 2014, started with Udine.
ok.
From next week onwards, i will set my daily target only 2 trades, which mean (2 trades TP=20 / 4 trades BE=10).
Now i'm trading live mini account, Today trade summary total of 11 trades (10 trade BE, 1 trade TP, no SL), from tokyo session until now.
Hope my result will continue sustain like this.

God Bless.
Have a nice pipping day.
Trade With PDF & Wisdom
  • #246
  • Jul 10, 2015 6:20am Jul 10, 2015 6:20am
Done for Today: Total 40pips

GBPJPY to TP = +20pips.


Cheers,
Yomi.
Attached Image (click to enlarge)
Click to Enlarge Name: 9.png Size: 62 KB
Time always comes before price
  • #247
  • Jul 10, 2015 6:26am Jul 10, 2015 6:26am
Quoting fxrabbi
Done for Today: Total 40pips GBPJPY to TP = +20pips. Cheers, Yomi. {image}
Yomi.

Why you entry from there?
Isn't is too late for entry?
Attached Image (click to enlarge)
Click to Enlarge Name: yomi trade.png Size: 65 KB
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  • #248
  • Jul 10, 2015 6:30am Jul 10, 2015 6:30am
Quoting MosesNMY
{quote} ok. From next week onwards, i will set my daily target only 2 trades, which mean (2 trades TP=20 / 4 trades BE=10). Now i'm trading live mini account, Today trade summary total of 11 trades (10 trade BE, 1 trade TP, no SL), from tokyo session until now. Hope my result will continue sustain like this. God Bless. Have a nice pipping day.
Don't just trade every available setups, always take the best setups, and the best setups are always low risk and high probability in nature.

Cheers,
Yomi
Time always comes before price
  • #249
  • Jul 10, 2015 6:32am Jul 10, 2015 6:32am
Quoting MosesNMY
{quote} Yomi. Why you entry from there? Isn't is too late for entry? {image}
Yes, you are right, I was late, but I use PA analysis to enter that trade.

Yomi
Time always comes before price
  • #250
  • Jul 10, 2015 6:34am Jul 10, 2015 6:34am
Quoting fxrabbi
{quote} Yes, you are right, I was late, but I use PA analysis to enter that trade. Yomi
Hi.

Where i can learn this PA analysis?
I totally have no idea what is that
Trade With PDF & Wisdom
  • #251
  • Jul 10, 2015 6:35am Jul 10, 2015 6:35am
Quoting fxrabbi
{quote} Don't just trade every available setups, always take the best setups, and the best setups are always low risk and high probability in nature. Cheers, Yomi
Hi Yomi.

Can you go through all the trades that i have took and give some commend on which is best set up and which is high risk?

Thanks.
Trade With PDF & Wisdom
  • #252
  • Jul 10, 2015 6:45am Jul 10, 2015 6:45am
Quoting MosesNMY
{quote} Hi. Where i can learn this PA analysis? I totally have no idea what is that

You need to know PA - Candlestick pattern, candlestick formation etc etc...It will improve the way you trade, but that is not within the scope of this thread. I suggest you google it out, you will find a lot to read about.


Yomi.
Time always comes before price
  • #253
  • Jul 10, 2015 6:53am Jul 10, 2015 6:53am
Quoting MosesNMY
{quote} Hi Yomi. Can you go through all the trades that i have took and give some commend on which is best set up and which is high risk? Thanks.
They are all OK, but sometimes when you have met your Daily Minimum Target, it always good to take a walk or reduce your normal lots when another trades present itself.


Yomi.
Time always comes before price
  • #254
  • Jul 10, 2015 6:54am Jul 10, 2015 6:54am
Quoting fxrabbi
{quote} You need to know PA - Candlestick pattern, candlestick formation etc etc...It will improve the way you trade, but that is not within the scope of this thread. I suggest you google it out, you will find a lot to read about. Yomi.
If only using your method to trade, will it enough to be successful?
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  • #255
  • Jul 10, 2015 6:54am Jul 10, 2015 6:54am
Quoting fxrabbi
{quote} They are all OK, but sometimes when you have met your Daily Minimum Target, it always good to take a walk or reduce your normal lots when another trades present itself. Yomi.
Thank God.
Thanks again for guidance.
very very appreciated.
Trade With PDF & Wisdom
  • #256
  • Jul 10, 2015 7:04am Jul 10, 2015 7:04am
Quoting MosesNMY
{quote} If only using your method to trade, will it enough to be successful?
To be successful with a system depend on the individual, knowing PA will make it easier for you. Its like driving a car and knowing how the car works.

Yomi.
Time always comes before price
  • #257
  • Jul 10, 2015 7:09am Jul 10, 2015 7:09am
Quoting fxrabbi
{quote} To be successful with a system depend on the individual, knowing PA will make it easier for you. Its like driving a car and knowing how the car works. Yomi.
OK. Familiar with Ur system 1st, they will slowly start learn PA.
Trade With PDF & Wisdom
  • #258
  • Jul 10, 2015 8:06am Jul 10, 2015 8:06am
Quoting MosesNMY
{quote} Hi. Do you mean this? Thanks for the additional information. Will record down in my notes. {image}
Yes. Inside your red box is the red ATR. That means price has moved very far on the prior candle. So, it's not as high probability set up as normal.
Also, your ADR (average daily range) is red in that chart. Meaning, the currency pair has already moved more than most days. So, we do not know if the currency pair can keep moving much more for the day. It might, but it might not. So, you want your ATR and your ADR to both be green.
Good job trading Yomi's set up. It looks very reliable. And I hope you keep these great results.
  • #259
  • Jul 10, 2015 8:08am Jul 10, 2015 8:08am
Yomi,
The new thread is moving fast. Great trade set up and thanks again for investing in all of us.
-Jason.
  • #260
  • Jul 10, 2015 8:27am Jul 10, 2015 8:27am
Quoting bapakjason
Yomi, The new thread is moving fast. Great trade set up and thanks again for investing in all of us. -Jason.
Time always comes before price
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