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5 years and still no strategy

  • #1,861
  • May 19, 2017 4:34am May 19, 2017 4:34am
How the fuck is this thread still going?
  • #1,862
  • May 19, 2017 4:36am May 19, 2017 4:36am
Quoting HeyYou
{quote} basically I'm gambling with a statistical edge without pretending to make a living trading, due to the fact that I'm focused on returns not risk, so I'd rather try to make a KILLING . only time will tell if I'm just gambling, or gambling with an actual edge... I have fun .
That's smart. No sense wasting money until you are sure your edge works. Have you tried using your edge by overlaying multiple time frames into one? Not sure of your preferred time frame, but consider applying your edge to the lower and upper time frames from it, and then convert all three signals into one chart. Just an idea.
You cannot be extraordinary by being normal
  • #1,863
  • May 19, 2017 4:45am May 19, 2017 4:45am
Quoting calebfx
{image} Would you short?
If you remove the factor of time then all prices within the boundries of reality get hit ..

Doing very opposing things lately.. going short while its rising and long whilst falling where this chart is no exception...

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I don`t know if what I am doing is right or wrong but the point is that you will always be wrong when your account reaches a margin call or if you bank a loss and right when you bank a profit in my opinion as long as there is enough margin in the account to keep on trading then you can still make anything happen.

but what do I know I might aswell blow out this account today.
Trade
  • #1,864
  • May 19, 2017 4:47am May 19, 2017 4:47am
Inserted Video
This is not investment/trading advise. Will not hold accountable for loss
  • #1,865
  • May 19, 2017 4:57am May 19, 2017 4:57am
EURUSD Elliot Wave
Found strong SR @fib .382
Attached Image (click to enlarge)
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This is not investment/trading advise. Will not hold accountable for loss
  • #1,866
  • May 19, 2017 5:08am May 19, 2017 5:08am
Quoting yousername
EURUSD Elliot Wave Found strong SR @fib .382 {image}
It's sufficient to look at the full and the empty candles. Bulls still run the show imo.
Additionally from volume I'd say they topped up their positions a bit at 1.1073.

k
  • #1,867
  • May 19, 2017 5:13am May 19, 2017 5:13am
Quoting kprsa
{quote} It's sufficient to look at the full and the empty candles. Bulls still run the show imo. Additionally from volume I'd say they topped up their positions a bit at 1.1073. k
Sorry don't get what you mean " full and the empty candles"
This is not investment/trading advise. Will not hold accountable for loss
  • #1,868
  • May 19, 2017 5:18am May 19, 2017 5:18am
Quoting yousername
{quote} Sorry don't get what you mean " full and the empty candles"
The full = green (close>open) and the empty = white (close<open) ones.
k
  • #1,869
  • May 19, 2017 5:39am May 19, 2017 5:39am
Quoting CindyXXXX
Buy' {image}
20 pips on EU I'd take that any day

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Time hides Nothing
  • #1,870
  • May 19, 2017 5:41am May 19, 2017 5:41am
totally random =P

Inserted Video
Time hides Nothing
  • #1,871
  • May 19, 2017 6:01am May 19, 2017 6:01am
USDCAD Long 1K Lot
Looking for 400 pips target
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This is not investment/trading advise. Will not hold accountable for loss
  • #1,872
  • May 19, 2017 6:04am May 19, 2017 6:04am
Quoting yousername
USDCAD Long 1K Lot Looking for 400 pips target {image}
I wouldn't do it. But good luck.
k
  • #1,873
  • May 19, 2017 6:05am May 19, 2017 6:05am
Quoting kprsa
{quote} I wouldn't do it. But good luck. k
Thank you for the wishes.

SL set to +1pip

Profit Target
Attached Image (click to enlarge)
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This is not investment/trading advise. Will not hold accountable for loss
  • #1,874
  • May 19, 2017 6:08am May 19, 2017 6:08am
Quoting freakout
So... I have 5 years of experience, I know price action, I know how to trade with trend, I know how to manage risk, etc., but I still don't have a strategy. Is this normal or it's a waste of time? I'm not looking for a holy grail, but for something really simple with 50% accuracy at 1:2 ratio. 3-5 trades per day during EU session and that's all. I tried to trade H1-H4 pullbacks, pivots, breakouts and many other strategies but without any success... Should I continue my searches or it's time to leave it?
Yes or no is your decision no one can affect it. But I can give some advice, take a break for a while, six months or a year, increase their horizons, to find other things, as a General rule this will give his favor upon your return...
Don't start a game in which do not know the rules
  • #1,875
  • May 19, 2017 6:43am May 19, 2017 6:43am
Your replies have really proven a few people on here know what they are doing THE TREND IS YOUR FRIEND ALWAYS I have since taken 2 longs. I am far from a guru but daily I get better.

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Read in between the price!!!
  • #1,876
  • May 19, 2017 7:11am May 19, 2017 7:11am
Quoting PayTheLimit
Look, maybe some things have changed since I started in the business. But the essence of what I'm suggesting hasn't. You cant get to second base while your still touching first. You want to be a trader, then be a trader. Good luck, PTL....
Hey man I don't see many avatars with the rat pack in it. Nice to see that there a few old dogs in here!
If you are good at something, never do it for free--Joker
  • #1,877
  • May 19, 2017 7:35am May 19, 2017 7:35am
Quoting calebfx
Your replies have really proven a few people on here know what they are doing THE TREND IS YOUR FRIEND ALWAYS I have since taken 2 longs. I am far from a guru but daily I get better. {image}
You are close to becoming a guru. Maybe you're a guru already. God bless yousername calebfx
This is not investment/trading advise. Will not hold accountable for loss
  • #1,878
  • May 19, 2017 8:15am May 19, 2017 8:15am
Quoting yousername
{quote} You are close to becoming a guru. Maybe you're a guru already. God bless yousername calebfx
Amen bro.bless you too, I am also a Christian, a trader and a Chef. Looking to get better at this business everyday, anyone seeking to mentor me please I am humble to learn.

You can never know too much, it's either you know or you don't know.
Calebfx
Read in between the price!!!
  • #1,879
  • Edited 8:27am May 19, 2017 8:16am | Edited 8:27am
Quoting kprsa
{quote} I wouldn't do it. But good luck. k
That was very-very embarrassing. took 18 pip lost. But it doesn't matter, as I won 30 pips earlier with 10k lots.
This is not investment/trading advise. Will not hold accountable for loss
  • #1,880
  • May 19, 2017 8:18am May 19, 2017 8:18am
Quoting calebfx
{quote} Amen bro.bless you too, I am also a Christian, a trader and a Chef. Looking to get better at this business everyday, anyone seeking to mentor me please I am humble to learn. You can never know too much, it's either you know or you don't know. Calebfx
I'm Roman Catholic. We're still brother in Christ and we died in Christ.
I'm a trader, investor and do car rental business.

I just loss 18 pips recently on USDCAD 1K lot. But don't mind as I won 30 pips in 10K lot recently today and won many-many time over the week.

What do you cook brother?
This is not investment/trading advise. Will not hold accountable for loss
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