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$50 Per Day

  • #41
  • Jan 11, 2017 5:10am Jan 11, 2017 5:10am
round 5.
11 years later.
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  • #42
  • Jan 11, 2017 10:48am Jan 11, 2017 10:48am
I wasn't hardworking enough.
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Forex Price Action Hacked - Price Action Rockstar
  • #43
  • Jan 12, 2017 3:34pm Jan 12, 2017 3:34pm
today was slightly better. but still my stop-loss was spot on. but letting my profit run needs work.
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  • #44
  • Jan 16, 2017 2:01pm Jan 16, 2017 2:01pm
was occupied with work.

didn't do much today.
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  • #45
  • Jan 21, 2017 8:54am Jan 21, 2017 8:54am
Quoting david_akc
was occupied with work. didn't do much today. {image}
lost and gave back 3 days of work.

I've assessed and concluded because I didn't wait for confirmation like a break of support if I'm biased short and price is in an uptrend.

and if I'm biased long. I didn't wait for price to show a outside candle over a bear candle before stepping in. it also shows a double bottom.
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  • #46
  • Apr 24, 2017 8:22am Apr 24, 2017 8:22am
Quoting david_akc
{quote} lost and gave back 3 days of work. I've assessed and concluded because I didn't wait for confirmation like a break of support if I'm biased short and price is in an uptrend. and if I'm biased long. I didn't wait for price to show a outside candle over a bear candle before stepping in. it also shows a double bottom. {image}
Hey man I realy enjoyed to read your Thread. I'm not able to send you a private message, could you please tell me where I find this functionality?
I would like to discuss something with you.

best regards
  • #47
  • Apr 27, 2017 6:08am Apr 27, 2017 6:08am
Quoting david_akc
About me: I have been learning to trade Forex since 2006, and still do. I had little ups and many downs but never give up because this is the next best thing to IM. I don't like to sell. I don't like to mingle. I don't like to be at the mercy of clients. My biggest problem is gratification. Is the same to masturbation. Too fast too soon. So I hope I can achieve delayed gratification. Rules: - Stay mechanical. Don't think. Don't get emotional involved. Goal: 1st Milestone - $50 per day (50 pips) on a $1000 account. - aiming to double my deposit to...
R there any buy/sell rulez?
Vucking good EA coder... https://t.ly/AZjRM
  • #48
  • Edited May 19, 2017 12:51am May 18, 2017 11:17pm | Edited May 19, 2017 12:51am
Quoting reteid2222
{quote} R there any buy/sell rulez?
yes and no.

yes. it's base of price bouncing off support if I'm bullish or price gets rejected of resistance if I'm bearish.

Money management is martingale hedging. Extremely dangerous.

I've read anti fragile and trade base of 4hr for better risk to reward ratio and opening and closing of market sessions. I need volatility to escape non trending market.

my recent wins. Making 10% return using 0.05 to 3 per standard lot.

Let's see if I blew up again.

I started with about $1.3k

btw I'm started writing book about trading with price action so Google the slogan and help me complete my chapters and I promise I'll give it to you free. Just need to type in the question you have about price action.

thank you for not deleting.
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  • #49
  • May 18, 2017 11:37pm May 18, 2017 11:37pm
Quoting kayz08
Dude you really are weird n funny lol. Are you really profiting, I mean the fact you are using credit cards and stuff seems dodgy. My advice for you if to stop trading and focus on investing then go back. If after al these years trading isn't working, rest for a bit.
I did stop and analyze what went wrong. I've read books like the black swan and anti fragile and more books on decision making like Malcom Gladwell and Think Fast and Slow and I concluded money management is the most important and yet complicated topic to master.

I think I've understood what went wrong and currently testing my ideas and implement my feedback loop.

I also accumulate substantial amounts of capital to mitigate possible black swan situation. And hopefully it's not the broker who is going black swan on me.
Forex Price Action Hacked - Price Action Rockstar
  • #50
  • May 18, 2017 11:40pm May 18, 2017 11:40pm
Quoting michisuperfr
Cool Thread What's your strategy now?
simple. trade price strength and pullback of support if I'm bullish.

trade weakness of resistance if I'm bearish.

Manage risk through martingale with specific timing to accept volatility in my favor if my ideas is correct. Also the 200 ema works hopefully.
Forex Price Action Hacked - Price Action Rockstar
  • #51
  • May 22, 2017 4:13am May 22, 2017 4:13am
Made homerun. Not everyday is a lucky day.
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  • #52
  • May 22, 2017 4:22am May 22, 2017 4:22am
Looking to understand ...
  • #53
  • May 23, 2017 3:17am May 23, 2017 3:17am
done for the day, wanted more. but I think we should trade to live and not the other way.

I learn something today. Actually I learn about the tick volume in forex but I didn't know it's possible.

The tick in forex is merely an indicator of intention. It really depends on the momentum of the market. If there is alot of traders rushing in to push price down. The volume rises only to represent this greed.

It's not leading. Just intention.
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  • #54
  • May 24, 2017 8:02am May 24, 2017 8:02am
It's time like this letting profit runs isn't good enough.

But in any given position it's best to let profit run.

I'm keeping my trade close now. Waiting for fomc. Might be a big deal.

If I'm right on the market I make pennies. if I'm wrong I might get a heart attack or make at least 10% profit. So who is better?
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  • #55
  • May 24, 2017 8:05am May 24, 2017 8:05am
A little bit about my trading methodology. I look for price setup like a big pullback. Sometime market contract and try to either

1. hit the same high/low or
2. exceed and make new high/low or
3. make a lower high/higher low.

I didn't follow through on the kiwi. Could have saved my ass.
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  • #56
  • May 24, 2017 8:33am May 24, 2017 8:33am
Quoting Mozak
excelent and nice trade. how u did that ? ( sorry my english is bad )
Most traders undersetimate the power of correlation but what I learnt from Freshforex is that correlation of the key. Apart from correlation, only trade two things
1: Breakout
2: Reversals
  • #57
  • May 25, 2017 3:37am May 25, 2017 3:37am
done for the day.

maybe once I feel confident. I'll move on to trading the daily. their returns are immense.
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  • #58
  • May 25, 2017 4:37am May 25, 2017 4:37am
Another one of the strategy I am employing if all currency pairs are exhaust. I came across by an old friend. And he is charging people thousands for it.
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  • #59
  • May 29, 2017 1:11am May 29, 2017 1:11am
I can't post to any other threads but I would like to know with 3 big banks taking a break. What would be the outcome of those moves? Low volatility?
Forex Price Action Hacked - Price Action Rockstar
  • #60
  • May 31, 2017 1:04am May 31, 2017 1:04am
I blew up. It's about time. I got really lazy.

I didn't care about entry. I only care about exits and made my money management out of hand.

Where I go from here. Not sure. Maybe I try without hedging and see.
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