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Southern Cross Trader

  • #601
  • Edited 9:18pm Nov 11, 2016 8:30pm | Edited 9:18pm
Quoting Jakepuia
By the way, can you teach us how to use these excel tools?
It is on its way my friend,but dont know when as my free time is taken up a lot by my family,so I ask please for patience,but this is a good place to learne,http://www.forexfactory.com/showthread.php?t=561309,GW.
IMPROVISE ADAPT OVERCOME
  • #602
  • Nov 11, 2016 10:35pm Nov 11, 2016 10:35pm
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IMPROVISE ADAPT OVERCOME
  • #603
  • Nov 12, 2016 5:20am Nov 12, 2016 5:20am
Hi Gw,

Thanks for explaining the system with the screenshot! Really helps, could you say something about tp and sl. Because when I enter a trade price is mostly already running big and to put a sl behind the last swing high or low gives a big sl and causing a bad R:R ratio when sl is hit. I guess you have an other way of putting your sl?
  • #604
  • Nov 13, 2016 12:52am Nov 13, 2016 12:52am
Quoting jasper2603
Hi Gw, Thanks for explaining the system with the screenshot! Really helps, could you say something about tp and sl. Because when I enter a trade price is mostly already running big and to put a sl behind the last swing high or low gives a big sl and causing a bad R:R ratio when sl is hit. I guess you have an other way of putting your sl?
Hi Jasper,
I never use a SL and my TP is done manually,I will wait for 10pips profit and shut the trade down,but if the move is strong I will ride it a bit more,once I am in a trade I dont leave the screen,I am constantly monitoring the trade for signs of strength or weakness,GW.
IMPROVISE ADAPT OVERCOME
  • #605
  • Nov 14, 2016 12:58am Nov 14, 2016 12:58am
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15pips and out.
IMPROVISE ADAPT OVERCOME
  • #606
  • Nov 14, 2016 1:31am Nov 14, 2016 1:31am
Great trade GW, my trades are still running:
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  • #607
  • Nov 14, 2016 3:02am Nov 14, 2016 3:02am
My today's trades
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Jakepuia
  • #608
  • Nov 14, 2016 3:12am Nov 14, 2016 3:12am
Still moving up
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Jakepuia
  • #609
  • Nov 14, 2016 3:13am Nov 14, 2016 3:13am
Come on guys, this trading system is awesome
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Jakepuia
  • #610
  • Nov 14, 2016 3:27am Nov 14, 2016 3:27am
My usdcad hit tp, but euraud still running in dd:
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  • #611
  • Nov 14, 2016 3:38am Nov 14, 2016 3:38am
Quoting jasper2603
My usdcad hit tp, but euraud still running in dd: {image}
AT what time did you take this Trade bro?
Jakepuia
  • #612
  • Nov 14, 2016 3:59am Nov 14, 2016 3:59am
Quoting Jakepuia
{quote} AT what time did you take this Trade bro?
took the trade at 10:11 amsterdam, berlin time. At that time everything as showed in the gw screenshot had lined up red so I took the trade. This kind of trades are the reason I am not trading this system live. without sl trend can change and causing for some big DD.
  • #613
  • Nov 14, 2016 12:35pm Nov 14, 2016 12:35pm
Quoting Jakepuia
My today's trades {image} {image}
Good trading Jake,remember,dont get greedy,10pips and out until you get to know the system and have some screen time under your belt
IMPROVISE ADAPT OVERCOME
  • #614
  • Edited 12:50pm Nov 14, 2016 12:39pm | Edited 12:50pm
Quoting jasper2603
{quote} took the trade at 10:11 amsterdam, berlin time. At that time everything as showed in the gw screenshot had lined up red so I took the trade. This kind of trades are the reason I am not trading this system live. without sl trend can change and causing for some big DD.
Jasper if you actually applied the rules of exit in this trade you would be out with 10pips profit, the right discipline and psychology won't be of any use if you don't have a winning system. And vice versa - a winning system is useless without the proper discipline to execute it.GW
P/S Both trades you chose to enter the 24EMA was not strong !!! READ THE THREAD.
IMPROVISE ADAPT OVERCOME
  • #615
  • Nov 15, 2016 12:38am Nov 15, 2016 12:38am
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What you can do once you know the system,10pips and out,GW.
IMPROVISE ADAPT OVERCOME
  • #616
  • Nov 15, 2016 12:42am Nov 15, 2016 12:42am
Not bad
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Jakepuia
  • #617
  • Nov 15, 2016 12:44am Nov 15, 2016 12:44am
13 pips and out
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Jakepuia
  • #618
  • Nov 15, 2016 12:46am Nov 15, 2016 12:46am
Quoting Jakepuia
13 pips and out {image}
Nice work Jake,you can see it now cant you ?
IMPROVISE ADAPT OVERCOME
  • #619
  • Edited 1:11am Nov 15, 2016 12:48am | Edited 1:11am
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Because if you don't he will kill you.
IMPROVISE ADAPT OVERCOME
  • #620
  • Nov 15, 2016 1:20am Nov 15, 2016 1:20am
Nice trade Jake, but GW his 24 ema was also not strong on every timeframe?

I am now in this trade, gbpusd short,
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