Cut your Losers short and let your Winners run.
- #6,561
- Apr 10, 2016 5:25am Apr 10, 2016 5:25am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
Cut your Losers short and let your Winners run.
{quote}Just reading back thru some of the posts and spotted this. You realize that DAX 10 points = 1 pip spread and GBP/JPY 17 - 20 points = 1.7 - 2.0 pip spread? it all depends on which Spread Indicator you are using as to how it interprets and reports the spread. Funny thing, I am with Pepperstone as well but the spread on the DAX changes to 2.0 pip at approximately 17.30 CET (GMT+1) which coincides with the close of the Cash session at the exchange.
Best, Josh
Edit. Thanks for recommending the Big Short. I finally got my hands on it and will watch tonight
- #6,564
- Apr 10, 2016 5:38am Apr 10, 2016 5:38am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
Cut your Losers short and let your Winners run.
- #6,566
- Apr 10, 2016 5:43am Apr 10, 2016 5:43am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
Cut your Losers short and let your Winners run.
- #6,567
- Apr 10, 2016 5:58am Apr 10, 2016 5:58am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
Cut your Losers short and let your Winners run.
- #6,568
- Apr 10, 2016 6:13am Apr 10, 2016 6:13am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
You sad lot!! It is Sunday, go and play with your Wife, Girlfriend, Kids or Dog not necessarily in that order or individually.
Don't you know that no one gets wiser on a Sunday, brain activity increases Mon - Fri but Saturday the bodies self protective mechanism sets in and start to shut down the major centres in the brain which means by Sunday you are effectively Brain Dead so it is not possible to get Wiser on a Sunday. Scientifically proven
Don't you know that no one gets wiser on a Sunday, brain activity increases Mon - Fri but Saturday the bodies self protective mechanism sets in and start to shut down the major centres in the brain which means by Sunday you are effectively Brain Dead so it is not possible to get Wiser on a Sunday. Scientifically proven
Cut your Losers short and let your Winners run.
You sad lot!! It is Sunday, go and play with your Wife, Girlfriend, Kids or Dog not necessarily in that order or individually. Don't you know that no one gets wiser on a Sunday, brain activity increases Mon - Fri but Saturday the bodies self protective mechanism sets in and start to shut down the major centres in the brain which means by Sunday you are effectively Brain Dead so it is not possible to get Wiser on a Sunday. Scientifically proven
- #6,570
- Apr 10, 2016 6:18am Apr 10, 2016 6:18am
- Joined Mar 2016 | Status: Trader | 6,378 Posts
Well that puts the mockers on Sunday school
- #6,571
- Apr 10, 2016 7:05am Apr 10, 2016 7:05am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
Well that puts the mockers on Sunday school
No rush.
Cut your Losers short and let your Winners run.
You sad lot!! It is Sunday, go and play with your Wife, Girlfriend, Kids or Dog not necessarily in that order or individually. Don't you know that no one gets wiser on a Sunday, brain activity increases Mon - Fri but Saturday the bodies self protective mechanism sets in and start to shut down the major centres in the brain which means by Sunday you are effectively Brain Dead so it is not possible to get Wiser on a Sunday. Scientifically proven
- #6,574
- Apr 10, 2016 2:55pm Apr 10, 2016 2:55pm
- Joined Sep 2014 | Status: No permanent address | 673 Posts
{quote} Reading this thread from start to finish has'nt helped, me brains fried, all in all it has been an excellent read, there are many trading systems at FF but they all seem to need, or at least the ones I have followed, is that "creators view" I think you may know what I am getting at, we all see things different and trying to educate, to see what "they" see is hard, with that said though, I have warmed to the renko chart and somehow trying to incorporate it in my style of trading, whilst I can see the readymade setup, I still need to put my...
The goal is not to replicate anyone else`s style and results but more to learn from them and make it your own.
- #6,578
- Apr 11, 2016 1:24am Apr 11, 2016 1:24am
- Joined Sep 2014 | Status: No permanent address | 673 Posts
Dax +30....I am always getting quires about my signals to get into a trade.......well here is an interesting example....At 3:55 pm Manila time i turned the computer on....The dax already had close to a 150 pip run and was stalled at 9680ish. I switched to the ren2 chart and observed that price was twitching[that`s a complicated technical term i just made up] upwards slightly in what looked like a breakout pattern. At 3:57:23 I opened the trade long and the tent zipper literally tore open.....closed the trade at 3:57:44....21 seconds for 30 pips....there was no time for analysis....this thing was going to blow....
I am telling this not to boast but to make a point....Most good trades come down to reading PA. The indies offer hints of confirmation and maybe a bit of company while the trade runs its coarse regardless of time frame.. 
I am telling this not to boast but to make a point....Most good trades come down to reading PA. The indies offer hints of confirmation and maybe a bit of company while the trade runs its coarse regardless of time frame..
I picked a slower moving pair (USDJPY) and scalped the 1pip charts this morning. Call me crazy, but I like it. 
I second guessed my self several times and took profit to soon, but it's nothing that can't be fixed. I just need to follow the flow LL LH HL HH. The most important.... 1 loss.
+13 +2 -1 +2 +2 +9 +2 +2 +2 +10 +2 = 45
I second guessed my self several times and took profit to soon, but it's nothing that can't be fixed. I just need to follow the flow LL LH HL HH. The most important.... 1 loss.+13 +2 -1 +2 +2 +9 +2 +2 +2 +10 +2 = 45
- #6,580
- Apr 11, 2016 9:11am Apr 11, 2016 9:11am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
GBPJPY +22+16+16+16+3+3+2+10+3+3+2+2+18+18+10+2. Having to allow 3 pips on the TPs for the spread, a few times now price has gone thru my TP and then come back so I have had to close manually, it has certainly been hit and miss, I have gotten too use to the 1 pip spread on the DAX.
There is something amiss with the APTM v244, it was messing about with my TPs some times it was giving me 5 pip TPs and then 10 pip TPs which was a bit odd as I had it set to 20 pip TPs so I am going back to the earlier version.
No one has posted since this morning so I am assuming that you were all sensible and left the market alone, unlike the idiot from Cordoba who just had to play.
There is something amiss with the APTM v244, it was messing about with my TPs some times it was giving me 5 pip TPs and then 10 pip TPs which was a bit odd as I had it set to 20 pip TPs so I am going back to the earlier version.
No one has posted since this morning so I am assuming that you were all sensible and left the market alone, unlike the idiot from Cordoba who just had to play.
Cut your Losers short and let your Winners run.