Help Me Grow My Account!! I'm about To Lose My House :-( | Page 12 | Forex Factory

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Help Me Grow My Account!! I'm about To Lose My House :-(

  • #221
  • Nov 1, 2016 12:57pm Nov 1, 2016 12:57pm
Here I zoom out a H1 Chart for you. Look at QQE value. Looks to me like we want to look out for Support to buy. What do you think?
Attached Image (click to enlarge)
Click to Enlarge Name: DAX.PNG Size: 60 KB
  • #222
  • Nov 1, 2016 1:00pm Nov 1, 2016 1:00pm
Now here is an M15 chart. There is no price consolidation showing up yet. If we are going to look for a buy opportunity we have to wait. Recall that patience is second to understanding hey? So we acknowledge that the market should turn and go up but we have no reason now to buy, because the down side has not yet stalled. We need to wait....

But also notice how far price is away from the MA, Moving Average 200. It will have to revert or stall... Patience now.
Attached Image (click to enlarge)
Click to Enlarge Name: DAX.PNG Size: 31 KB
  • #223
  • Nov 1, 2016 1:08pm Nov 1, 2016 1:08pm
Just checked. This account made $77 today. I forgot about a $17 loss.
  • #224
  • Nov 1, 2016 1:10pm Nov 1, 2016 1:10pm
That was the DAX trades. The rest of the account is running on other stuff. But here it is to show you that you don't need a lot to make money.
Attached Image (click to enlarge)
Click to Enlarge Name: DAX.PNG Size: 18 KB
  • #225
  • Nov 1, 2016 1:17pm Nov 1, 2016 1:17pm
So back to H1 Chart of DAX. If you could see this channel then you would know that you cannot trade now. Price still falls, but it is in oversold territroy. We can do nothing now. Wait for it to settle - it will tell us then where it wants to go next. Hope this helps.
Attached Image (click to enlarge)
Click to Enlarge Name: DAX.PNG Size: 41 KB
  • #226
  • Nov 1, 2016 1:28pm Nov 1, 2016 1:28pm
Last thing. You said you prefer to stick to currency rather than commodities or stock index... Well currencies run around like bad behaving whores whilst commodities and indexs are better behaved. Perhaps re-look that idea. They are not as easily subject to news and politics. they are more about demand and supply issues which are more real. Go look at wheat or corn for example on a D1 chart. Buying or Selling? Seems basic on the longer term hey?
  • #227
  • Nov 1, 2016 1:34pm Nov 1, 2016 1:34pm
Let me know if you want to make a few DAX trades with me and I'll go live with you, here.

But remember always - YOU CANNOT TRADE DESPERATE - YOU TRADE WITH PATIENCE
  • #228
  • Nov 1, 2016 1:42pm Nov 1, 2016 1:42pm
So look now. price seems to stall? Let's see. As it should - it broke down out of a down channel. We are going to be looking out for a buy opportunity. But wait... Let the market show us.
Attached Image (click to enlarge)
Click to Enlarge Name: DAX.PNG Size: 41 KB
  • #229
  • Nov 1, 2016 2:10pm Nov 1, 2016 2:10pm
Now look at this opportunity.It's obvious. Can you see it?
Attached Image (click to enlarge)
Click to Enlarge Name: DAX.PNG Size: 41 KB
  • #230
  • Nov 1, 2016 2:13pm Nov 1, 2016 2:13pm
Buy now... Tomorrow at open Miss DAX will correct.
She has to correct up. IF not massive crash. And that's not going to happen. Do? QQE?
Attached Image (click to enlarge)
Click to Enlarge Name: DAX.PNG Size: 42 KB
  • #231
  • Nov 1, 2016 4:46pm Nov 1, 2016 4:46pm
Ok, your losses are higher than I thought, but losing 1,666 GBP over 88 weeks is less than 20 GBP per week on average and in the first 10 months of this year you have only lost 58 GBP.
Attached Image (click to enlarge)
Click to Enlarge Name: TradeExplorer.PNG Size: 57 KB

If such losses lead to you losing your family and house, I am sorry but the reality is that ther is no chance that you will recover with an account balance of 8 GBP
How did you fumd your account - a loan shark?
Please Do Not PM Me With Coding Enquiries
  • #232
  • Nov 2, 2016 12:56am Nov 2, 2016 12:56am
He said to blow up 4 accounts (1600 is not the total number).
Anyway, look at his amazing equity chart. Honestly, it is so amazing trending.
Bondo, can you please provide you method. I am thinking that reversing your trade would be nice. Just kidding.
Reincarnation
  • #233
  • Nov 2, 2016 2:03am Nov 2, 2016 2:03am
Quoting boopbuup
He said to blow up 4 accounts (1600 is not the total number). Anyway, look at his amazing equity chart. Honestly, it is so amazing trending. Bondo, can you please provide you method. I am thinking that reversing your trade would be nice. Just kidding.
From post #153 by Bondo
Quote
Like I said on Post #1 that I blew my account 5times already, same account.
Note Same Account, not different accounts, so 1666 is the total loss
Please Do Not PM Me With Coding Enquiries
  • #234
  • Nov 2, 2016 5:03am Nov 2, 2016 5:03am
Quoting erod84
Bondo, Three pointers you need to take to heart. 1 ) You are indequently funded. How do I know this? Emotional Desperation. Do not take on trading as a career until you hit the $50,000 USD mark. I'm serious. I was once in your shoes, and traded $500, $2,000, & even $5,000 accounts thinking I'll quit my job tomorrow. Blew up every one of those accounts. It wasn't until I reached a level of working capital as above, that I started to be consistently profitable. 2 ) You have no trading plan. How do you expect to run a trading business if you have no...
@erod84
Thank you
The courage of an ANT!!
  • #235
  • Nov 2, 2016 5:11am Nov 2, 2016 5:11am
Quoting derekw
Buy now... Tomorrow at open Miss DAX will correct. She has to correct up. IF not massive crash. And that's not going to happen. Do? QQE? {image}
@derekw

I was offline yesterday I missed your DAX analysis, the patience is the key in this game I agree, my apologies!

Thank you.
The courage of an ANT!!
  • #236
  • Nov 2, 2016 7:01am Nov 2, 2016 7:01am
@BONDO

We will only open a sell on NZDUSD if a 15 Minutes candle closes below the red 10 MA, that will be confirming the reversal
Attached File(s)
File Type: tpl Bondo.tpl   11 KB | 292 downloads
  • #237
  • Nov 2, 2016 7:15am Nov 2, 2016 7:15am
Quoting BWforex
@BONDO We will only open a sell on NZDUSD if a 15 Minutes candle closes below the red 10 MA, that will be confirming the reversal {file}
@BWforex

Thank you, we will wait!
The courage of an ANT!!
  • #238
  • Nov 2, 2016 7:55am Nov 2, 2016 7:55am
Should the MA cross first to enter??

Oops!! They do not cross, right??
Attached Image (click to enlarge)
Click to Enlarge Name: NU.PNG Size: 74 KB
The courage of an ANT!!
  • #239
  • Nov 2, 2016 8:08am Nov 2, 2016 8:08am
Ya same chart!
  • #240
  • Nov 2, 2016 10:32am Nov 2, 2016 10:32am
Quoting BWforex
Ya same chart!
New Order??
Attached Image (click to enlarge)
Click to Enlarge Name: iak.PNG Size: 32 KB
The courage of an ANT!!
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