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  • #1,021,621
  • Aug 24, 2015 1:25am Aug 24, 2015 1:25am
I Know , I am still learning max but this round I have learnt a few lessons
so what's most important its that I am profitable ,
I am now placing SL and only entering trade with 1-10 risk reward ish.

Studying sacred geometry and gann , my yoga connection .
Lots here seems being driven by this or that political event but in fact this has all already happened ....

Green days to all




quote=MaxDoom;8451641]{quote} yeah but that is some crazy draw down you took on those trades for such a small reward eh[/quote]
  • #1,021,622
  • Aug 24, 2015 1:26am Aug 24, 2015 1:26am
Quoting MaxDoom
I see you are all having a swell time
  • #1,021,623
  • Aug 24, 2015 1:28am Aug 24, 2015 1:28am
Took 60% profits as gold reaches EMA50, waiting for another short entry... balance of the trades set to be
  • #1,021,624
  • Aug 24, 2015 1:28am Aug 24, 2015 1:28am
Quoting Ken A
{quote} I am still on the short side for XXXJPY - will flip when things change
sry my post was a bit blur, my view on a daily base.
thx for heads up
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just do it
  • #1,021,625
  • Aug 24, 2015 1:30am Aug 24, 2015 1:30am
Quoting Ratmach
{quote} Okay, never mind... I saw your correction.
Put a sell order in at 1.143 what ever today's price is,put buy in order for when price hits 1.05 and then stop looking at daily price movements. Some time before Christmas Santa will have filled your red bag
  • #1,021,626
  • Aug 24, 2015 1:32am Aug 24, 2015 1:32am
Quoting stylinex
{quote} Put a sell order in at 1.143 what ever today's price is,put buy in order for when price hits 1.05 and then stop looking at daily price movements. Some time before Christmas Santa will have filled your red bag
Either that, or your bag turns red and Santa gives you a call
  • #1,021,627
  • Aug 24, 2015 1:34am Aug 24, 2015 1:34am
I am not sure the Bulls are done another attempt to 1.15 and beyond ?
  • #1,021,628
  • Aug 24, 2015 1:37am Aug 24, 2015 1:37am
Quoting stylinex
{quote} Put a sell order in at 1.143 what ever today's price is,put buy in order for when price hits 1.05 and then stop looking at daily price movements. Some time before Christmas Santa will have filled your red bag
  • #1,021,629
  • Aug 24, 2015 1:39am Aug 24, 2015 1:39am
Quoting stylinex
{quote} Put a sell order in at 1.143 what ever today's price is,put buy in order for when price hits 1.05 and then stop looking at daily price movements. Some time before Christmas Santa will have filled your red bag
so where is your stop?
  • #1,021,630
  • Aug 24, 2015 1:40am Aug 24, 2015 1:40am
Quoting stylinex
{quote} Put a sell order in at 1.143 what ever today's price is,put buy in order for when price hits 1.05 and then stop looking at daily price movements. Some time before Christmas Santa will have filled your red bag
You think maybe 1.153
A good trader follows his rules, but great trader knows when to break them
  • #1,021,631
  • Aug 24, 2015 1:41am Aug 24, 2015 1:41am
Quoting Kribstreet
I am not sure the Bulls are done another attempt to 1.15 and beyond ?
Glad your underwater trades were closed in +. Wasn't looking good a month ago. I think so...
  • #1,021,632
  • Aug 24, 2015 1:43am Aug 24, 2015 1:43am
TPed the rest.. and wait for another shorting opportunity.. cant afford to long it from here
  • #1,021,633
  • Aug 24, 2015 1:50am Aug 24, 2015 1:50am
Quoting Kribstreet
I Know , I am still learning max but this round I have learnt a few lessons so what's most important its that I am profitable , I am now placing SL and only entering trade with 1-10 risk reward ish. Studying sacred geometry and gann , my yoga connection . Lots here seems being driven by this or that political event but in fact this has all already happened .... Green days to all quote=MaxDoom;8451641]{quote} yeah but that is some crazy draw down you took on those trades for such a small reward eh
[/quote]
good to hear you are progressing, just consider that profit at any cost is not successful in the long run, what you need is to be consistent, does not matter on a trade by trade basis if they are profitable so long as each trade fits your method, and that your method is profitable when applied consistently. This is where the scammers go wrong they come in with 99% success rate and I know that is simply not achievable in the real world.
  • #1,021,634
  • Aug 24, 2015 1:52am Aug 24, 2015 1:52am
rule #1 when new high never short
rule #2 when new low never long
twitter : #zoneforex
  • #1,021,635
  • Aug 24, 2015 1:53am Aug 24, 2015 1:53am
Quoting ill_be_back
{quote} You think maybe 1.153
Even better Anything around that is good. You must be patient though sit this one out. Think 1-3 month period of waiting. Patience can pay off. Do Warren Buffet approach and go long
  • #1,021,636
  • Aug 24, 2015 1:54am Aug 24, 2015 1:54am
Quoting touco

rule #1 when new high never short
rule #2 when new low never long
Got it.

Buy high
Sell low
  • #1,021,637
  • Aug 24, 2015 1:55am Aug 24, 2015 1:55am
Quoting dan2boy
TPed the rest.. and wait for another shorting opportunity.. cant afford to long it from here
what does that mean?
  • #1,021,638
  • Aug 24, 2015 1:56am Aug 24, 2015 1:56am
Quoting touco
rule #1 when new high never short rule #2 when new low never long
Usually that is true but it is not always the case.You could be right though. Time will tell. Asian currencies are tanking so Euro will also follow. Nikkei,S&P 500,DAX,China Index and others also tanked after setting new highs.
  • #1,021,639
  • Aug 24, 2015 1:56am Aug 24, 2015 1:56am
Quoting Ken A
{quote} Got it. Buy high Sell low
follow the flow
  • #1,021,640
  • Aug 24, 2015 1:56am Aug 24, 2015 1:56am
Stock crisis finally gains some speed. Where all the money from stocks flows?
Cheap currency. In 2008 dollar was cheap, now EU is cheap. QE printed tons
Of cheap euros which now gonna be used to buy other assets.
Good luck shorting.
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