Emotions took over this week and I made textbook mistakes ..
I was not able to trade 3rd-5th so by mid-day of the 6th after watching price drop 350 pips I was hungry for a trade ..
Thought I saw the retrace and entered BEFORE the signal ..(against the strong trend )..
To make it worse I moved the stop as price came against my position ..( a definite NO NO )
The end result was -50 pips .
The signals were clear enough ..but I let my mind take over ..
NINJA PLATFORM
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mystiq68 wrote:dchappy wrote:newschool wrote:dchappy, could you provide your results with the MACD divergence method (in term of % profit of real account). I always broke-even when trading this in the past.
Hi Newschool : I did'nt fully answer your question .
We both know that 2 traders can trade the same set-up and have completely different results .
The real question is " does the set-up give clear dependable signals ?"
These are 30 min signals from the last 2 weeks , showing about 1200 pips of potential profit .
How many false or losing signals can you see ?
Good Trading to you ........
dchappy-can you go over the false signals if there are any...
never mind...i can see the where signals were given...
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tried dchappy method
hi just wanted to say thanks for this method and I had spent about a day's effort of reading through the 90-something pages and testing the things out indicator settings range bars etc.
realised i prefer the 20range chart trading as it gives more confirmed signals in the market and allows one to have a life too(not tick counting etc).
anyway today's first trade for me on the EU (a similar set up also appeared on the GU too but i didn't take that)
no idea where this one will go but will check once hourly into the US open and into the US session.
personally i like this alot and gives very clear do and do nots.
got short at 1.3260 after cci signal + HA was confirmed (after semafore(exhaustion))
realised i prefer the 20range chart trading as it gives more confirmed signals in the market and allows one to have a life too(not tick counting etc).
anyway today's first trade for me on the EU (a similar set up also appeared on the GU too but i didn't take that)
no idea where this one will go but will check once hourly into the US open and into the US session.
personally i like this alot and gives very clear do and do nots.
got short at 1.3260 after cci signal + HA was confirmed (after semafore(exhaustion))
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i believe it will after all the work and homework you did and put it up so kindly for us to devour
mmm i get my data from gain/forex.com with a funded account
but i think i saw that you use a totally different method now for your trading?
i am guessing you now trade full time because it seemed alot more time intensive than the 20 range/macd divergence method...
mmm i get my data from gain/forex.com with a funded account
but i think i saw that you use a totally different method now for your trading?
i am guessing you now trade full time because it seemed alot more time intensive than the 20 range/macd divergence method...
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I have learned that ALL good methods work .
The Rat traders , supply/demand ,z-liners , they all took the same trade today .
The important thing is that it makes sense to YOU .
I hope you held all the way .
Trade well ....
The Rat traders , supply/demand ,z-liners , they all took the same trade today .
The important thing is that it makes sense to YOU .
I hope you held all the way .
Trade well ....
Last edited by dchappy on Sat Mar 10, 2012 5:52 pm, edited 1 time in total.
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I finally understood what u meant only recently where the method of trading has to harmonise with ourselves
I stumbled upon this thread while searching for something else but the more i read on your method the more i agreed with every part of it. The climax was the final culmination in the range 20/semafore/Ha/cci/macd divergence filter.
Well given my inexperience in trying it first time i only took half of the 160+pip move. But i also learn reading the experiences of you guys not to beat myself up anymore if i didnt get maximal returns(hey this habit works in mastering sports/physical skill).
But i am mentally preparing myself to look out and abstain from action until the next trigger signal appears.
This is my biggest win in a long topsy turvey time and i know the mental recuperation and preparation is what will carry me onwards.
Ive seen from your thread how tough trading for a living is and that positive psychological balance is necessary.
I want to thank you for founding this thread/method and the plethora of screenshots and the sharing of your emotions and life of trading its real awesome
I stumbled upon this thread while searching for something else but the more i read on your method the more i agreed with every part of it. The climax was the final culmination in the range 20/semafore/Ha/cci/macd divergence filter.
Well given my inexperience in trying it first time i only took half of the 160+pip move. But i also learn reading the experiences of you guys not to beat myself up anymore if i didnt get maximal returns(hey this habit works in mastering sports/physical skill).
But i am mentally preparing myself to look out and abstain from action until the next trigger signal appears.
This is my biggest win in a long topsy turvey time and i know the mental recuperation and preparation is what will carry me onwards.
Ive seen from your thread how tough trading for a living is and that positive psychological balance is necessary.
I want to thank you for founding this thread/method and the plethora of screenshots and the sharing of your emotions and life of trading its real awesome
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took a trade
took a trade on the EU. entered late. but we will see how this turns out.
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eur trade
cursing my mt4 setup because a flaw i should have actually entered earlier. but it has after quite awhile taken off and i just take my first 20 pips and move the other position to BE.
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entry on gu
also took a long position on GU@1.5635....although the signal comes now
i took an ill disciplined one much earlier(<4hours ago)
stop loss was 15 pips off the last low...so it survived three pushes down.
it has moved up now...although have to sleep real soon...so wondering should i just close it or move to BE(which is only a pip away)
i took an ill disciplined one much earlier(<4hours ago)
stop loss was 15 pips off the last low...so it survived three pushes down.
it has moved up now...although have to sleep real soon...so wondering should i just close it or move to BE(which is only a pip away)
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