Sam Seiden "Transcripts" from fxstreet

[bredin]

He he, ive been using it to scalp, grabbed a nice 9 pips on EJ (headed back down) which was nice, dumped the trade to eat dinner, and could have had 35 more, which was an expensive dinner.... Lets just say I could have taken my family to a VERY nice restaurant

sorry no screenshot.

G.

[Humble]

Nice change from it happening in the middle of the night.

Although when NY does it I think bugger, when it's London I think I could have got that!

[bredin]

I was quite agressive on demo last night (early london) in order to demonstrate some stuff to myself, making a lot more trades than I usually do in a few hours. After all that I ended up almost exactly even, but learnt some stuff.
1. ALL (and I do mean all) my failed trades were taken outside a zone back towards the most recent zone. some of these were in profit, but never hit tp. I was definatly trying to hit a reverse based on s/r.
2. A FEW winners were taken outside a zone. I must consider just being lucky as the reason for success in these instances
3. ALL trades taken at a zone were winners, in fact these two trades made up all my losses, and the larger of them hit tp after I went to bed, tp was at a zone, and guess what, price went and reversed off the zone for what would have been another big winner..... The big trade (on gu) was a confluence I had a M5 zone, daily high, I eneterd at the zone, a RED RAT entry immedialy followed.

One or two more modifications to the new version and them Im ready for release.

G.


Cant wait for tonight.

G.

[Brookmyre]

Bredin, by 'outside a zone' do you mean somewhere in between s/d and not directly off a zone or something else...?

[bredin]

New version, Im sure theres something else on the list, but I cant remember at the moment.



I might start a new thread and post the indis Ive released there.

G.

[jahjahblessed]

great idea Bredin indicator works beautifully liking it, big up your self

[pablo101]

Thank you bredin, another tool added to the arsenal

[bredin]

thanks jahjah. I appreciate that soeone otehr than myself is finding it helpful.

G.(still putting together stuff for the indi thread, posting soon, really I am)

[roger_over]

Thanks for your contribution G always helps to be able to see a target

[PTG]

Bredin, nice work on your indicator.

Don't forget to take into account something that has been explained in the NLA thread: the bigger picture ! You can stack the odds in your favour.

Another thing is risk- and money management. It has all been explained on Kreslik, mainly in the NLA thread.

Running trade picture below; connect the dots !