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The sacred edge 2.0

  • #121
  • Aug 25, 2015 5:50pm Aug 25, 2015 5:50pm
Quoting ephisi
nzdusd and audusd need to go higher b4 they can go lower unhindered. Moved stop on nzduzd to 0.65 with trail of 30pips b4 nzd trade balance. Will close if she goes lower
stops hit. Waiting for next setup
  • #122
  • Aug 26, 2015 7:48am Aug 26, 2015 7:48am
Quoting ephisi
{quote} stops hit. Waiting for next setup
Got to my trade station 5mins late. Missed GBPNZD longs. Looking for late entry on any pull back. I hate to have less than perfect entries
  • #123
  • Aug 26, 2015 7:51am Aug 26, 2015 7:51am
Quoting ephisi
{quote} Got to my trade station 5mins late. Missed GBPNZD longs. Looking for late entry on any pull back. I hate to have less than perfect entries
should have been up 150pips. So annoying.
  • #124
  • Aug 26, 2015 10:53am Aug 26, 2015 10:53am
Is your risk always 1%?
  • #125
  • Aug 26, 2015 11:23am Aug 26, 2015 11:23am
Quoting julee
Is your risk always 1%?
Yup
  • #126
  • Aug 26, 2015 11:26am Aug 26, 2015 11:26am
GBPNZD is at break even. Not comfortable with the late entry. Missed a sweet 300pip move I had already planned
  • #127
  • Aug 26, 2015 11:55am Aug 26, 2015 11:55am
NZDUSD setup of yesterday though sluggish eventually went in my direction. I saw some other tool telling me nzdusd needed to retrace before the down move. I will handle such conflicting signals better in the future. Stoploss at breakeven was all I needed but I closed the trade manually.
  • #128
  • Sep 6, 2015 9:31am Sep 6, 2015 9:31am
Pulling out my funds because I noticed unusual activity with the MT4 broker I just started using. Didnt bother to contact them. Im closing the account. Deleted tradeexplorer also. Will add from another broker.

Notice AUDNZD daily chart on the day the china rout started. There is a spike down that dosnt exist on other brokers. Not a broker worth dealing with
Attached Image(s) (click to enlarge)
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  • #129
  • Sep 6, 2015 10:28am Sep 6, 2015 10:28am
Quoting ephisi
Pulling out my funds because I noticed unusual activity with the MT4 broker I just started using. Didnt bother to contact them. Im closing the account. Deleted tradeexplorer also. Will add from another broker. Notice AUDNZD daily chart on the day the china rout started. There is a spike down that dosnt exist on other brokers. Not a broker worth dealing with {image} {image}
Your T.E was in red before you closed it right ?
  • #130
  • Sep 6, 2015 1:46pm Sep 6, 2015 1:46pm
Quoting metta87
{quote} Your T.E was in red before you closed it right ?
Does it really matter? His sample of trades was too small in order to draw any conclusions anyway. Will continue watching this topic.
  • #131
  • Sep 6, 2015 7:23pm Sep 6, 2015 7:23pm
Quoting metta87
{quote} Your T.E was in red before you closed it right ?
Yea it was down 7% because I started using martingale strategy again. Normaly I take my loss at 100pips . Unfortunately for me the day I decided to use martingle was the beginign of a runaway trend which dosnt work with martingale. I was going to make it back anyway. But ive de ided to revert to what worked my 100pips stops. No more martingale ever again. I have opened an account with cityprime fx but they are not on the trade explorer list when I attempted to add explorer. With just post statements until I get that sorted out
  • #132
  • Sep 6, 2015 7:28pm Sep 6, 2015 7:28pm
Quoting Robertk
{quote} Does it really matter? His sample of trades was too small in order to draw any conclusions anyway. Will continue watching this topic.
Thanks Rob. My plan is to scalp back my 7% loss withdraw whats left and close the account. Already pulled out 90% of funds and scalping with 10%.. Still taking my swing trades on the new account which I will post here. . Deleted the explorer beause im no more trading the sacred edge on it. Will repost the te when im done so metta can be happy b4 closing finally
  • #133
  • Sep 7, 2015 10:41am Sep 7, 2015 10:41am
Quoting ephisi
{quote} Yea it was down 7% because I started using martingale strategy again. Normaly I take my loss at 100pips . Unfortunately for me the day I decided to use martingle was the beginign of a runaway trend which dosnt work with martingale. I was going to make it back anyway. But ive de ided to revert to what worked my 100pips stops. No more martingale ever again. I have opened an account with cityprime fx but they are not on the trade explorer list when I attempted to add explorer. With just post statements until I get that sorted out
I will be watching.
I love martingale by the way.
  • #134
  • Sep 7, 2015 8:55pm Sep 7, 2015 8:55pm
Quoting metta87
{quote} I will be watching. I love martingale by the way.
Love it too works well with the trend. But all you need is one runaway reversal trade to make a huge loss. Say 10%. Even with such a loss it remains profitable. Cos you make much more when the market behaves which covers for the rare losses.
  • #135
  • Sep 7, 2015 9:14pm Sep 7, 2015 9:14pm
Quoting ephisi
{quote} I have opened an account with cityprime fx but they are not on the trade explorer list when I attempted to add explorer. With just post statements until I get that sorted out
I got help from forexfactory support. Broker has been placed on forexfactory list. Trade explorer created. Thanks danny of trade explorer department. I decided not to deposit all my funds incase I have to pull out. I tradd mainly with dukascopy but I cant have an explorer using dukascopy as they are not mt4 broker
  • #136
  • Edited 2:33am Sep 25, 2015 1:52am | Edited 2:33am
Market Movement is all a scam. The wanna buy it but they sell it first to get better prices and then reverse. And vice versa. Technical analysis is also a scam. Technical analysis is used to make you see what they want you to see after which they violate it. Your tecnical analysis has to be backed up by something deeper to remain profitable. Alot of theoretical info in the market is just theory. One needs to find what works from practical experience
  • #137
  • Sep 25, 2015 1:57am Sep 25, 2015 1:57am
Quoting metta87
{quote} I will be watching. I love martingale by the way.
Still watching meta? How am I doing.. Found a better way to apply the martingale. Honestly I feel stop losses are also a scam. Mental stops are betrer, though only for an experienced trader. Turns out I wasnt satisfied with the services of the other brokers I signed up with. So I went back to the first account after they assured me that the irregular spikes have been taken care of. Im just not cool with MT4 brokers. I am only using them for explorer and trade reporting purposes. My main account isnt MT4 as I hinted earlier
  • #138
  • Sep 25, 2015 2:26am Sep 25, 2015 2:26am
Not posting much anymore. I will be in the background trying to be efficient doing my thing. Needs total concentration. I will let the trade explorer do the talking
  • #139
  • Oct 7, 2015 6:25am Oct 7, 2015 6:25am
I have tried many MT4 brokers with offices based in Nigeria. Cant seem to find any of them to meet my standards. One issue to another. Im dont with MT4 brokers anyway until i setup my own brokerage. Dukascopy all the way. I will revert to posting my trades manually
  • #140
  • Oct 14, 2015 10:10am Oct 14, 2015 10:10am
Heads up House. For those who like trading EURUSD. The current rally is a deception. If we clear 1.1460 I will be shorting close of market friday. We are heading for 1.1100 soon. Thank me later
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