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The Swamp

  • #2,521
  • Apr 5, 2016 6:59am Apr 5, 2016 6:59am
Quoting KiNgEdwarD
{quote} i'm considering some starting 4175
will see , not sure may try small at same 4170 area
not sure better stay a side
  • #2,522
  • Apr 5, 2016 7:05am Apr 5, 2016 7:05am
Quoting goosebone
I remember Miss Pips describing one time Eur/Usd's reluctance to print a certain number of daily candles of the same color in a row. Was it 6?
http://www.forexfactory.com/showthread.php?p=8431183

Sorry for late reply. MissPips has been hitting her monthly targets really early in the month lately, and tending to goof off and not read the forums as much after she has.

On that subject, I have a question for the veteran traders here if you don't mind answering. If you have monthly/yearly targets for yourself, what did you all do when you had been hitting your targets for a long time (but with a lot of effort), and then it started getting really easy to hit them? Did you add more size to your account, or up the targets (mine is 4% of the account a month, and so I'm a little concerned that increasing that number any more isn't realistic), or start trading more instruments? (I trade only EURUSD). And what happened when you did? Did you have to go through a period of adjustment, or did it just work out smoothly? Or do you give yourself the rest of the month off?
  • #2,523
  • Apr 5, 2016 7:10am Apr 5, 2016 7:10am
Quoting PayTheLimit
{quote} pivots by themselves, or combined with something else?
You should be able to see it.

Was taking a trade when a pivot and 1/4, mid, or mofu lined up regardless of direction news etc. The hypothesis was that it could serve as a scalping tool for a few pips. Mixed results.....but only started in Feb, so can't make full judgement yet. If capital survives a year, the plan is to refine it down to what trades worked the most and lather, rinse, repeat

I can already say that when a weekly S/R pivot and a last chance mofu line up, it's a no brainer. They also tend to line up with Daily S1/R1 for whatever reason....math I suppose.

I'm not a demo kind of person- would rather risk $250 and test real money under real conditions....but obviously .01 lots per trade leaves no room to scale out, which would have benefited this account more than a few times. This last UJ trade being one of them
  • #2,524
  • Apr 5, 2016 7:13am Apr 5, 2016 7:13am
Quoting MissPips
{quote} http://www.forexfactory.com/showthread.php?p=8431183 Sorry for late reply. MissPips has been hitting her monthly targets really early in the month lately, and tending to goof off and not read the forums as much after she has. On that subject, I have a question for the veteran traders here if you don't mind answering. If you have monthly/yearly targets for yourself, what did you all do when you had been hitting your targets for a long time (but with a lot of...
Thanks for the link. Thought that's what I remembered. (and I hope to one day be qualified to answer your ?)☺
  • #2,525
  • Apr 5, 2016 7:16am Apr 5, 2016 7:16am
Quoting edyraper
{quote} will see , not sure may try small at same 4170 area not sure better stay a side
edit : pending EG sell .8094,.8096 is 61.8 ,might be wanted
Sometimes it's better to be wrong,to learn..
  • #2,526
  • Apr 5, 2016 7:22am Apr 5, 2016 7:22am
Quoting MissPips
{quote} http://www.forexfactory.com/showthread.php?p=8431183 Sorry for late reply. MissPips has been hitting her monthly targets really early in the month lately, and tending to goof off and not read the forums as much after she has. On that subject, I have a question for the veteran traders here if you don't mind answering. If you have monthly/yearly targets for yourself, what did you all do when you had been hitting your targets for a long time (but with a lot of effort), and then it started getting really easy to hit them? Did you...
I think if you hit your monthly target and then a few days later a pair that you have been waiting months for to reach a particular price happens, then go ahead trade it, wouldn't let a cheap ticket go by just because I hit my monthly target, what if the next month I enter a bad trade that cost me dearly, I need to make up for those.
  • #2,527
  • Apr 5, 2016 7:25am Apr 5, 2016 7:25am
Quoting KiNgEdwarD
{quote} edit : pending EG sell .8094,.8096 is 61.8 ,might be wanted
even if eurgbp cancels 72xx target it has bigger target of 0.57 , so let's see if I get s/o above 0.8050 I'll look for shorts after 0.84xx monthly levels in play ... , 0.8086,2 could be and s/r level ... watching , other shorts are just scalps for a runner
  • #2,528
  • Apr 5, 2016 7:29am Apr 5, 2016 7:29am
GU pretending it can't break the 1.4175, waiting for traders to go long and then boom we go down to 1.410x
  • #2,529
  • Apr 5, 2016 7:34am Apr 5, 2016 7:34am
watch out EA , EN , ECad , AJ , NJ , CadJ
  • #2,530
  • Apr 5, 2016 7:34am Apr 5, 2016 7:34am
Quoting Vorex
{quote} I think if you hit your monthly target and then a few days later a pair that you have been waiting months for to reach a particular price happens, then go ahead trade it, wouldn't let a cheap ticket go by just because I hit my monthly target, what if the next month I enter a bad trade that cost me dearly, I need to make up for those.
Why would a bad trade cost you dearly?
  • #2,531
  • Apr 5, 2016 7:37am Apr 5, 2016 7:37am
EU pivot test incoming, is the goat around?

UCAD- could should woulda
  • #2,532
  • Apr 5, 2016 7:39am Apr 5, 2016 7:39am
Quoting Pharm0r
{quote} You should be able to see it. Was taking a trade when a pivot and 1/4, mid, or mofu lined up regardless of direction news etc. The hypothesis was that it could serve as a scalping tool for a few pips. Mixed results.....but only started in Feb, so can't make full judgement yet. If capital survives a year, the plan is to refine it down to what trades worked the most and lather, rinse, repeat I can already say that when a weekly S/R pivot and a last chance mofu line up, it's a no brainer. They also tend to line up with Daily S1/R1 for whatever...
right, looked back at some of your charts again....myself, I cant seem to make pivots work...almost all levels it seems though get some play, but I would have to say that quarters are the best..at least for me...
Look Sharp/Trade Tight
  • #2,533
  • Apr 5, 2016 7:40am Apr 5, 2016 7:40am
Quoting Ken A
{quote} You are about 500 pips late

lol, what a bastard...
Look Sharp/Trade Tight
  • #2,534
  • Apr 5, 2016 7:41am Apr 5, 2016 7:41am
Quoting Pharm0r
EU pivot test incoming, is the goat around? UCAD- could should woulda
You use a indi for those pivot levels? Can you point me where to find it?
  • #2,535
  • Apr 5, 2016 7:41am Apr 5, 2016 7:41am
Quoting Ken A
{quote} Nice to see you again

and you sir...
Look Sharp/Trade Tight
  • #2,536
  • Apr 5, 2016 7:45am Apr 5, 2016 7:45am
Quoting PayTheLimit
{quote} right, looked back at some of your charts again....myself, I cant seem to make pivots work...almost all levels it seems though get some play, but I would have to say that quarters are the best..at least for me...
Max makes hundreds of thousands if not millions off them.

Me: no so much. but I'm trying to get the hang of them....if nothing else to make me better rounded- and I can see where max will make his plays many times...not that it's hard to see, all the bastard does is long the dax pivot and cha ching
  • #2,537
  • Apr 5, 2016 7:47am Apr 5, 2016 7:47am
Quoting Pharm0r
{quote} Max makes hundreds of thousands if not millions off them. Me: no so much. but I'm trying to get the hang of them....if nothing else to make me better rounded- and I can see where max will make his plays many times
that bastard....
Look Sharp/Trade Tight
  • #2,538
  • Apr 5, 2016 8:01am Apr 5, 2016 8:01am
thinking of shorting Gold at 1242.xx+- if fail 1256.xx the next level I would consider shorting
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  • #2,539
  • Apr 5, 2016 8:22am Apr 5, 2016 8:22am
Quoting Pharm0r
{quote} Why would a bad trade cost you dearly?
Sometimes the demons inside of me make me add to a losing trade until I lose more than 5% of my account.
  • #2,540
  • Apr 5, 2016 8:25am Apr 5, 2016 8:25am
Quoting edyraper
{quote} ... missed so many girls , fear of the rejection thing I guess , well it's true the worst is s/o
Driving a Ferrari helps when you're ugly

http://www.forexfactory.com/showthre...18#post8751018
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