{quote} outstanding resultsYou need some beer to celebrate {image}
Love Oktoberfest!
Just an update from last week. Certainly tested the patience and showed the importance of exercising the rules around the 61-100 zone. Closed EC shorts for +1500 pips across 20 positions. In this case, I reduced trade size on each entry to allow room for further positions between R78 and R100. {image} Closed EA shorts for +1000 pips across 17 positions. {image} Again not a perfect trade by any means. Slightly late entry on the first batch of trades, which ended up between R38 and R61. There was a nice run down of 100 pips on these trades and should...
thats very inspiring mch1970 
makes my little 200+ pip gain and celebrations for the day look like a kiddies party 
- #2,805
- Sep 20, 2016 10:07am Sep 20, 2016 10:07am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote} Interesting !hope to see some more posts soon from LK
She is the deviation queen.She makes solid pips day in and day out.
Its on my 1st page TMS30 As a bonus she is very nice to everyone unlike me
Whatever works for you guys.I trade what works for me.
In trading, you have to be defensive and aggressive at the same time
{quote} I used to trade in her thread but found myself trading pivots and basically chart that was not like hers and out of respect I left.One must respect what the thread is about. She is the deviation queen.She makes solid pips day in and day out. Its on my 1st page TMS30 As a bonus she is very nice to everyone unlike me
Cool !! i will have a look
but i prefer the pivots ... wasted too much cash and mistakes jumping from one strategy to the next 
- #2,807
- Sep 20, 2016 10:21am Sep 20, 2016 10:21am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote} Cool !! i will have a look
This concept is the most honest professional way to trade.Its not easy to grasp.
Average trader wins dies on single trade whereas pros trade over sample size.This is the key.I don't get rattles on 1 2 3 15 losses because I know given 100 trades I'll hit 70 winners.
Please watch Mark Douglas series on trading.He will open you up to next higher level since I think you already have experience but need fine tuning
Inserted Video
Watch all 4 please and get back what you took out of it.This is what I mean work.Effort dedication to improve.Not much different then strength training.You can easily bench press 60lbs with 2 hands and you can do this over and over and get no improvement.You are not gonna improve because your weight is not CHALLENGING your muscles.
Your mind trading mind is same way it needs to grow and maintain that level and fine tune it.Why do same things that didn't work before...Well everyone has a free will to change.The ones that need the change most succeed because their desire is great.
In trading, you have to be defensive and aggressive at the same time
{quote} In the end its not about the system but understanding how simple EDGE using right lot size can generate profits over series of trades. This concept is the most honest professional way to trade.Its not easy to grasp. Average trader wins dies on single trade whereas pros trade over sample size.This is the key.I don't get rattles on 1 2 3 15 losses because I know given 100 trades I'll hit 70 winners. Please watch Mark Douglas series on trading.He will open you up to next higher level since I think you already have experience but need fine tuning...
haha i watched it over the weekend
it reminded me of the days before wasting my time on false promising trading systems 
I have better emotional view now on trade approach
i just need to control my overtrading habits 
- #2,810
- Sep 20, 2016 10:31am Sep 20, 2016 10:31am
Just an update from last week. Certainly tested the patience and showed the importance of exercising the rules around the 61-100 zone. Closed EC shorts for +1500 pips across 20 positions. In this case, I reduced trade size on each entry to allow room for further positions between R78 and R100. {image} Closed EA shorts for +1000 pips across 17 positions. {image} Again not a perfect trade by any means. Slightly late entry on the first batch of trades, which ended up between R38 and R61. There was a nice run down of 100 pips on these trades and should...
Great job. You too Pipsniper . Beers sounds just right atm.. a nice tall one.Cheers
Silence your Ego & Your Power will Rise
- #2,811
- Sep 20, 2016 10:37am Sep 20, 2016 10:37am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote}
Inserted Video
In trading, you have to be defensive and aggressive at the same time
- #2,812
- Sep 20, 2016 10:41am Sep 20, 2016 10:41am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
Short AC after bounce off R100, Profit target S61 which is the low point of the XA leg, Plan to add 2 more positions based on PA and location. Short EG after 4 or 5 attempts of PA to unsuccessfully break R61, Optimistic profit target of S61 with WP support to overcome, Plan to add 1 more position. {image} {image}
In trading, you have to be defensive and aggressive at the same time
- #2,813
- Sep 20, 2016 10:45am Sep 20, 2016 10:45am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #2,816
- Sep 20, 2016 10:50am Sep 20, 2016 10:50am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
Short NU, NC & EU .. Still running {image} {image} {image}
nice going friend keep it upEG breaks 86 would be nice which I anticipate any moment
In trading, you have to be defensive and aggressive at the same time
- #2,818
- Edited 11:07am Sep 20, 2016 10:57am | Edited 11:07am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{image} Green pips for the day. Patience pays off. Out at 0.86127.
and you are out?This drops 70pips in 4hrs you gonna
R38 8583 should be minimum TP and then we watch PA to see if it breaks and goes to WP or goes back to 61R(should it starts going back you can take your profits then at 38R area)
In trading, you have to be defensive and aggressive at the same time
{quote} WTF party has not even started on EG
I added an other USDCAD. Looking to add GBPUSD now. Or am I missing the entry??
May Granny & company don't hike the rates. Amen
