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Southern Cross Trader

  • #1,361
  • May 16, 2017 3:46am May 16, 2017 3:46am
Quoting Jakepuia
{quote} In fact for me my SL is my feeling If I am not feeling well with my trade, I closed soon whether it is in negative or positive.
Understood. I guess I just need to keep on with it and experience a few days where it doesn't quite go in a straight line like today haha ;-)

If I come across anything to help, I'll post my thoughts.
  • #1,362
  • May 16, 2017 4:50am May 16, 2017 4:50am
Quoting leeshindig
Hi Jakepuia, I got that template working now. Thanks for the link to the right folder. I took 2 euro pairs in demo and both hit the 10. Quick question.. I've read the thread, and read a lot that "draw down is minimal" if the rules are followed, but I have also seen GW mention (albiet a while ago) one or two losses along the way (unavoidable). I'm no stranger to trading, just have been out of the game for a few years due to business/family.. but like the idea of this, so my question is, what type of draw down would you allow on these trades?...
Hi leeshindig, I can't speak for everyone here but for me it is a pip number , for a long time it was 10pips and out, but just recently I have adjusted this to 5pips a trade and adjusted my lot size accordingly, but of cause this will change in heavy volatility,GW.
IMPROVISE ADAPT OVERCOME
  • #1,363
  • May 16, 2017 4:55am May 16, 2017 4:55am
Quoting Jakepuia
{quote} Thanks a lot Emonts, now I can see the DB fully in my screen
Hi,

You still need to select pairs you want to see in Db.
Anyway the pressure is gone.

BR
It is not important how often you fall down, but how often you get up again
  • #1,364
  • May 16, 2017 4:55am May 16, 2017 4:55am
Quoting Ghost Walker
{quote} Hi leeshindig, I can't speak for everyone here but for me it is a pip number , for a long time it was 10pips and out, but just recently I have adjusted this to 5pips a trade and adjusted my lot size accordingly, but of cause this will change in heavy volatility,GW.
Thanks GW. So to be clear, you let it run only 5 pips against you and you're out?
  • #1,365
  • May 16, 2017 5:06am May 16, 2017 5:06am
Quoting leeshindig
{quote} Thanks GW. So to be clear, you let it run only 5 pips against you and you're out?
No my friend I take 5pips and I am out,Exit strategy is different ,and it is an accumulation of price action, candle patterns and knowing the system , once you have sat in front of her for a long time she pinpoints entries and exits ,you just have to get to know her,and it is here where you lose most people because they want the fast path,the only problem is there isn't one,but you are rewarded well for your patience and perseverance ,GW.
IMPROVISE ADAPT OVERCOME
  • #1,366
  • May 16, 2017 5:13am May 16, 2017 5:13am
Quoting Ghost Walker
{quote} No my friend I take 5pips and I am out,Exit strategy is different ,and it is an accumulation of price action, candle patterns and knowing the system , once you have sat in front of her for a long time she pinpoints entries and exits ,you just have to get to know her,and it is here where you lose most people because they want the fast path,the only problem is there isn't one,but you are rewarded well for your patience and perseverance ,GW.
Oh Ok I see. Sorry, I was asking about what draw down people would allow on a trade, and if there were any hints from experienced users of the system as points to watch for.

I got from the thread it was an in and out for 10 type trade. Thanks, I will keep racking up screen time ;-)
  • #1,367
  • May 16, 2017 5:18am May 16, 2017 5:18am
Quoting emonts
Hi All, In version V1.06 is a bug, cann't open single trades. Sorry for that. So updated version. Also row height can be adapted now. BR {file}
Thank You so much Emonts , you always do over and above what we ask of you, GW.
IMPROVISE ADAPT OVERCOME
  • #1,368
  • May 16, 2017 5:20am May 16, 2017 5:20am
Quoting leeshindig
{quote} Oh Ok I see. Sorry, I was asking about what draw down people would allow on a trade, and if there were any hints from experienced users of the system as points to watch for. I got from the thread it was an in and out for 10 type trade. Thanks, I will keep racking up screen time ;-)
Fight the Good fight my friend, it is worth it, GW.
IMPROVISE ADAPT OVERCOME
  • #1,369
  • May 16, 2017 7:22am May 16, 2017 7:22am
Even though the ADR is reached, I took this trade aggressively and won
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 109 KB
Jakepuia
  • #1,370
  • May 16, 2017 7:26am May 16, 2017 7:26am
Quoting Jakepuia
Even though the ADR is reached, I took this trade aggressively and won {image}
Nise take Jake, you have come a long way my friend, don't let your guard down, GW.
IMPROVISE ADAPT OVERCOME
  • #1,371
  • May 17, 2017 2:09am May 17, 2017 2:09am
Slowly getting there: USDJPY
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 155 KB
  • #1,372
  • May 17, 2017 2:38am May 17, 2017 2:38am
Quoting Fatso
Slowly getting there: USDJPY {image}
Good trade Fatso, I caught the AUD/JPY
IMPROVISE ADAPT OVERCOME
  • #1,373
  • May 17, 2017 3:28am May 17, 2017 3:28am
Quoting Ghost Walker
{quote} Good trade Fatso, I caught the AUD/JPY
That's the pair I took also

Nothing else was jumping out at me..
  • #1,374
  • May 17, 2017 4:33am May 17, 2017 4:33am
Quoting Ghost Walker
{quote} Good trade Fatso, I caught the AUD/JPY
Thank you GW for making us believe. I also enjoy watching the videos you posted on the thread. Much appreciated
  • #1,375
  • May 17, 2017 5:36am May 17, 2017 5:36am
Thank you Ghost Walker for this thread and the complete openness with which you approach it. I will be reading it from P1 to currently P69. The system is quite involved and as you suggest it looks like it will take some time to ingest and understand. I'm a renko SMA EMA otherwise bare chart trader and am also looking for a more systematic approach. This look very interesting!
Subscribed :-)
  • #1,376
  • May 17, 2017 5:48am May 17, 2017 5:48am
This is not bad
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM30.png Size: 116 KB
Jakepuia
  • #1,377
  • May 17, 2017 5:50am May 17, 2017 5:50am
Within a mins )
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM30.png Size: 116 KB
Jakepuia
  • #1,378
  • May 17, 2017 6:14am May 17, 2017 6:14am
Quoting Jakepuia
Within a mins ) {image}
I like your mental strength to be able to do those multiple trades. Personally I cant...I just go for one trade.
Keep up the good work @Jakepuia
  • #1,379
  • May 18, 2017 2:38am May 18, 2017 2:38am
Nuthin jumping out at me this morning.. anyone else?
  • #1,380
  • May 18, 2017 2:45am May 18, 2017 2:45am
lol.. just after I posted that I took CADJPY for 5
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