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broken-hearted

  • #1
  • First Post: Apr 2, 2016 8:28pm Apr 2, 2016 8:28pm
I decide to reopen my journal thread after removing the last one http://www.forexfactory.com/showthread.php?t=584525. I'm so fool think that I've found holygrail. I even try to clear everything related to this by delete pictures, remove links on my profile page, remove brokerage account from monitoring, etc etc. LOL

short story why I feel so fool and so shame:

Last Friday I met my teacher in Bali, Indonesia. at first I expect him to be proud of me after I explain everything about it & show the result to him, but then he say something make me backdown to the earth, and then I talk to myself I should not meet him because I don't want to hear what just he said to me LOL. but that is the truth and unfortunately I believe him haha.

I make a bet with him while we were trading in Bali last nfp day. I told him based on the indicator this Friday is a bullish day, he just laughs at me, I said let's see I'll go all in and we will see who has the last laugh.

actually I was scared because I may lose all the profit even the deposit money but I just can't take back my words. the strategy I use to win the bet is to buy EU below daily open since the indicator predict bullish day (day's open price greater than closing price).

a minute before nfp announced he reminds me for the last time to rethink again. and boom market sell-off and I'm worried about my long orders, he laughs to me, I said wtf.

then market back up to rally again and move above daily open price, and now I can relax while smoking a cigarette, I laugh to him, he just smile and said "that's what I mean", I said I understand, you are right, thank you so much.

I feel I just lucky with this monthly return. I feel so excited & feel so high because trading never been as easy as like this, it is mechanically trading without need to think to analyze to predict the market. I just follow the bias of the indicator and get the result.

end of story.

what will I do in this thread is I will post everyday image to predict the daily bias continuously until the prediction is wrong tree times in a row.

the rule is not to post about ask to share the indicator, ask me what the price (I don't sell), ask about the method to get the prediction. don't PM me too, I'll not reply your message.

please attention, this thread is in the journal section.

Thank you,
“Hope is [a] bogus emotion that only costs you money.” - PETER LYNCH
  • #2
  • Apr 2, 2016 8:30pm Apr 2, 2016 8:30pm
this is picture previously deleted from last thread
Attached Image (click to enlarge)
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“Hope is [a] bogus emotion that only costs you money.” - PETER LYNCH
  • #3
  • Apr 2, 2016 8:33pm Apr 2, 2016 8:33pm
this is picture for last friday (i bet with my teacher)
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: untitle_145.png Size: 47 KB
“Hope is [a] bogus emotion that only costs you money.” - PETER LYNCH
  • #4
  • Apr 2, 2016 8:34pm Apr 2, 2016 8:34pm
this is picture of my long order in friday

i wait till last second before market closed but unfortunately i'm not fast enough to click the close button.

now i worry about the possibility of gap down on monday
Attached Image (click to enlarge)
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“Hope is [a] bogus emotion that only costs you money.” - PETER LYNCH
  • #5
  • Apr 2, 2016 8:38pm Apr 2, 2016 8:38pm
this is picture of my last result
Attached Image (click to enlarge)
Click to Enlarge Name: untitle_147.png Size: 128 KB
“Hope is [a] bogus emotion that only costs you money.” - PETER LYNCH
  • #6
  • Apr 2, 2016 9:41pm Apr 2, 2016 9:41pm
this kind of story for people happen everyday, thing is they never last.
All posts are my personal opinion
  • #7
  • Apr 3, 2016 12:41am Apr 3, 2016 12:41am
Quote
I have not failed 700 times. I have not failed once. I have
succeeded in proving that those 700 ways will not work. When I have
eliminated the ways that will not work, I will find the way that will
work.
- Thomas Edison (1847-1931), when asked by NYT reporter how he felt after 700th failed light bulb

https://web.archive.org/web/20070214.../topquotes.htm

Either way, it's progress
  • #8
  • Apr 3, 2016 3:53am Apr 3, 2016 3:53am
Quoting sigill
{quote} - Thomas Edison (1847-1931), when asked by NYT reporter how he felt after 700th failed light bulb https://web.archive.org/web/20070214.../topquotes.htm Either way, it's progress
we not inventing anything here. If you trading real money you should have already invented the light bulb. Demo and small money is for inventing the light bulb.
All posts are my personal opinion
  • #9
  • Apr 3, 2016 3:56am Apr 3, 2016 3:56am
Congrats on your earnings, now take it easy, use normal risk and grow your acount even more.
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #10
  • Apr 3, 2016 4:09am Apr 3, 2016 4:09am
Quoting Rtm
{quote} we not inventing anything here. If you trading real money you should have already invented the light bulb. Demo and small money is for inventing the light bulb.
Hmm... if you read the original thread, Singa is most certainly inventing something, or aiming to. Just wanted to be an encouragement. Be advised, I'm not saying anyone should test an automated system live. Not sure how you read that from my post.

Anyhow, interested in seeing the results here!
  • #11
  • Apr 3, 2016 6:30am Apr 3, 2016 6:30am
Well I kept wondering why you left like that from your previous thread ? Anyways welcome back & hope things are fine with you. Even if you share the daily bias it will be useful to new & small traders, absolutely no need to share the indicator. Cheers to you for trying to help the new traders. All the best for you & people who are going to follow you in this thread. I wish only success for all.

Cheers!!
Risk / Trade Management is the name of the Game
  • #12
  • Apr 3, 2016 7:27am Apr 3, 2016 7:27am
Quoting SingaFX
this is picture previously deleted from last thread {image}
The Money Flow Index is a very nice divergence indicator if used correctly. It does lead price by quite a bit. The main issue would be by how much. If you are too early in reversing your position, you could get hurt. Have you considered this?
If you are good at something, never do it for free--Joker
  • #13
  • Apr 3, 2016 12:46pm Apr 3, 2016 12:46pm
First of all I would like to thank you for all your replies.

jmn5611 it is not MFI indicator from mt4

as a promise i'll stop posting this garbage when i reach 3 wrong calls in a row since i don't want to mislead my online friends trader here.

if this going good then i hope it will be beneficial for all to profit from the market.

since i know the logic behind the indicator, i'll still continue to use it as my trading arsenal to profit from the market.

to prove it for myself i'll withdraw all the profit next week and start again from the very beginning and see if i can achieve at least same result as before of 4 digit account balance, but this time i'll not withdraw the profit until i reach 5 digit account balance.
“Hope is [a] bogus emotion that only costs you money.” - PETER LYNCH
  • #14
  • Apr 3, 2016 5:18pm Apr 3, 2016 5:18pm
2016.04.04
Monday bias is bearish
Attached Image (click to enlarge)
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“Hope is [a] bogus emotion that only costs you money.” - PETER LYNCH
  • #15
  • Apr 3, 2016 6:13pm Apr 3, 2016 6:13pm
Quoting SingaFX
to prove it for myself i'll withdraw all the profit next week and start again from the very beginning and see if i can achieve at least same result as before of 4 digit account balance, but this time i'll not withdraw the profit until i reach 5 digit account balance.
withdrawal has been done.
now, i start from the very beginning again.
Attached Image (click to enlarge)
Click to Enlarge Name: untitle_151.png Size: 44 KB
“Hope is [a] bogus emotion that only costs you money.” - PETER LYNCH
  • #16
  • Apr 3, 2016 6:13pm Apr 3, 2016 6:13pm
i start with o.1 lot
i have level to trade derived from future market.
most of my order is limit order
Attached Image (click to enlarge)
Click to Enlarge Name: untitle_153.png Size: 41 KB
“Hope is [a] bogus emotion that only costs you money.” - PETER LYNCH
  • #17
  • Apr 3, 2016 9:56pm Apr 3, 2016 9:56pm
Quoting SingaFX
First of all I would like to thank you for all your replies. jmn5611 it is not MFI indicator from mt4 as a promise i'll stop posting this garbage when i reach 3 wrong calls in a row since i don't want to mislead my online friends trader here. if this going good then i hope it will be beneficial for all to profit from the market. since i know the logic behind the indicator, i'll still continue to use it as my trading arsenal to profit from the market. to prove it for myself i'll withdraw all the profit next week and start again from the very beginning...
I understand, so you have an indicator that you do not plan to share. And you want to show us how well it works. And you are doing this because of........what?

Just trying to understand what we can learn from you.
If you are good at something, never do it for free--Joker
  • #18
  • Apr 4, 2016 4:12am Apr 4, 2016 4:12am
Quoting SingaFX
i start with o.1 lot i have level to trade derived from future market. most of my order is limit order {image}
it was perfectly rejected from 1.1412 price level, to the pip!

now it is in the lower range of 1.1366 price level
it could be bounce from here up to 1.1434 price level, that's why while still keeping 1 sell from 1.1412 as per today's bias predictioon, i set TP of one of my sell just over there and it hit just now & that's my first +40 pips profit this week, not bad!
this is what i do to offset the risk if the bias prediction goes wrong.
Attached Image (click to enlarge)
Click to Enlarge Name: untitle_159.png Size: 51 KB
“Hope is [a] bogus emotion that only costs you money.” - PETER LYNCH
  • #19
  • Apr 4, 2016 4:17am Apr 4, 2016 4:17am
Quoting SingaFX
{quote} it was perfectly rejected from 1.1412 price level, to the pip! now it is in the lower range of 1.1366 price level it could be bounce from here up to 1.1434 price level, that's why while still keeping 1 sell from 1.1412 as per today's bias predictioon, i set TP of one of my sell just over there and it hit just now & that's my first +40 pips profit this week, not bad! this is what i do to offset the risk if the bias prediction goes wrong. {image}
Good start for the week bro, keep it up :-)
  • #20
  • Apr 4, 2016 6:39pm Apr 4, 2016 6:39pm
Quoting SingaFX
{quote} it was perfectly rejected from 1.1412 price level, to the pip! now it is in the lower range of 1.1366 price level it could be bounce from here up to 1.1434 price level, that's why while still keeping 1 sell from 1.1412 as per today's bias predictioon, i set TP of one of my sell just over there and it hit just now & that's my first +40 pips profit this week, not bad! this is what i do to offset the risk if the bias prediction goes wrong. {image}

SInga@ What are those different coloured lines in the chart? Are they Pivot point and Support/Resistance lines? If they are created using indicator, can you share that please?
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