Another consistent trader is Fatbeetrader:
http://profit.ly/user/Fatbeetrader/chart
It was the best of times, it was the worst of times
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Re: It was the best of times, it was the worst of times
Edit: Exited.
Last edited by jrtrading on Sat Jan 07, 2017 1:07 pm, edited 1 time in total.
Re: It was the best of times, it was the worst of times
Over 600 pips on UJ.
Re: It was the best of times, it was the worst of times
Attempting some HTF lines.
Re: It was the best of times, it was the worst of times
jrtrading wrote:Attempting some HTF lines.
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My belief is things like the dow/sp/nasd are best just to buy and hold. They mobe in more of a cyclic nature.You don't see the back and forth as much as you do in forex, which really limits the use of angles. My opionion is make as much as you can in the whatever other markets as possible and then wait for a crash, then put every dollar you have in these.
Here is a the Nas from right after the crash to today, with just a simple donchain channel. Your 1st entry is around 1,300, with an exit around 2,200. Then back in at 2,300 until your next exit at 4,200. With out the use of margin that is 3x your intial investment. 100 mil turns into 300 million. You literally had to only work maybe a few hours a week. Know need to worry about retail brokers or any bs. Just living the good life.
Plus now that we have seen such a long bull trend and add the fact that we have a orange faced president who acts like a 1st grade. I would say time to take your profits and wait for another crash and repeat the process. Even if it took another 10 years before another crashed happen. If you were to achieve the same returns your 300 mil would become 900 mil.
Diveriscation, patience and pushing your winners is the path to riches.
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Re: It was the best of times, it was the worst of times
Trading the HTF is liking using the force from star wars. You have to believe in your self and not let your eyes betray you. How would you mark this chart.
I myself look for zlines/SR, then 123's, TTE, pullbacks to 50% fibs, then angles from extremes or cut through the middle of a nice move. Then I switch timeframes higher or lower and see how all my idea's transfer to that timeframe. Normally when its a good trade it will show up on the DWM charts.
I myself look for zlines/SR, then 123's, TTE, pullbacks to 50% fibs, then angles from extremes or cut through the middle of a nice move. Then I switch timeframes higher or lower and see how all my idea's transfer to that timeframe. Normally when its a good trade it will show up on the DWM charts.
Re: It was the best of times, it was the worst of times
Mr. Hyde wrote:Trading the HTF is liking using the force from star wars. You have to believe in your self and not let your eyes betray you. How would you mark this chart.
I myself look for zlines/SR, then 123's, TTE, pullbacks to 50% fibs, then angles from extremes or cut through the middle of a nice move. Then I switch timeframes higher or lower and see how all my idea's transfer to that timeframe. Normally when its a good trade it will show up on the DWM charts.
Thank you for your post Mr. Hyde.
My regards to v8power also, if you talk with him before Christmas.
Re: It was the best of times, it was the worst of times
jrtrading wrote:Mr. Hyde wrote:Trading the HTF is liking using the force from star wars. You have to believe in your self and not let your eyes betray you. How would you mark this chart.
I myself look for zlines/SR, then 123's, TTE, pullbacks to 50% fibs, then angles from extremes or cut through the middle of a nice move. Then I switch timeframes higher or lower and see how all my idea's transfer to that timeframe. Normally when its a good trade it will show up on the DWM charts.
Thank you for your post Mr. Hyde.
My regards to v8power also, if you talk with him before Christmas.
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I myself will admit this was a more diffuclt one and I had to switch up to the monthly chart to find the zline/horz.
I will let him know you said hi. I get to visit him every 30 days he is sober.
Re: It was the best of times, it was the worst of times
Thanks Mr. Hyde, appreciate it.
Re: It was the best of times, it was the worst of times
jrtrading wrote:Thanks Mr. Hyde, appreciate it.
No problem. What pairs are you trading right now? What trade setups do you have waiting? Are you buying or selling? Reversals or continuation trade's?
I learned how to trade HTF by trading a 7 figure account of a person whos nickname is baby hulk and consumes a steady diet of jack daniels and amphetamine's. You learn real quick not to care about how many lots you have on, but whether or not your trading from an extreme/area of confluence.
Pick 2 or 3 pairs that you want ot trade tomorrow and lets set them up
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