Never Lose Again

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prochargedmopar
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Postby prochargedmopar » Tue Mar 31, 2009 5:05 pm

Shadik,
(My) take on your trade.

You went long 2 bars to late.
If you would have bought on the hammer's wick at 67 you would have seen 20pips minus spread and then you could have bailed out on the big bear bar that you ended up going long on.

If you would have popped a line on your chart when you sat down you would have ONLY been trading short.

But hey, I'm a noob so take that with a grain of salt.
Someone please correct me if I'm seeing this wrong.
I need to learn from this too.
Thanks.
Procharged.
BTW,
Here's my z-line trade from today.
Got in short at 42, out with +5.4 pips.
Is this right?
I know I was in late but I couldn't trade short above the blue line.
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#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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dragon33
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Postby dragon33 » Tue Mar 31, 2009 6:04 pm

I am learning the longer term trades. Today was just fine. Took 178 pips doing this.

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MightyOne
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Postby MightyOne » Tue Mar 31, 2009 6:15 pm

dragon33 wrote:I am learning the longer term trades. Today was just fine. Took 178 pips doing this.

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What is that in risk multiples?

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es/pip
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Postby es/pip » Tue Mar 31, 2009 6:16 pm

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i am watching to see what happens on this one

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dragon33
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Postby dragon33 » Tue Mar 31, 2009 6:52 pm

MightyOne wrote:
dragon33 wrote:I am learning the longer term trades. Today was just fine. Took 178 pips doing this.

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What is that in risk multiples?


What you see on my chart was just 1% risk of my account. Did the same trades only scalping on the 5m doing it with 5%. I hope this will answer your question because i didn't understand your question (language)

If not try to reformulate the question.

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TheRumpledOne
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Postby TheRumpledOne » Tue Mar 31, 2009 7:11 pm

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DRAIN THE BANKS.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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es/pip
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Postby es/pip » Tue Mar 31, 2009 7:34 pm

on that 1 hr yen trade i talked about earlier traded it twice

1--b/e/

2 -3

and that's the end of my day

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TheRumpledOne
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Postby TheRumpledOne » Tue Mar 31, 2009 7:37 pm

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Short Trigger = 1.4371

Current Price = 1.4349

Any questions?

DRAIN THE BANKS!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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es/pip
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Postby es/pip » Tue Mar 31, 2009 7:50 pm

i lied

last time i am trying it lol

edit---wrong chart

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es/pip
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Postby es/pip » Tue Mar 31, 2009 8:01 pm

out with a steller +8

sigh


lol

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