lukx zline trading log + cfabian p.35 + adaseb p.48

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dragon33
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Postby dragon33 » Sun Aug 01, 2010 6:30 pm

gfg1 wrote:dragon, Happy Birthday.

dragon33 wrote:
newschool wrote:just one thing dragon, do you recommand molecule6 to join duka?

also you seem to still use MT4 over their jForex offering, whys that?

thanks

im suddendly interested because its now possible to open a retail account with them for a minimum of 1k$


I use Jforex but use MT4 for charting and the higherframes overlays. If some coder could make custom indicators it could be used on jforex as well. That way you don't need MT4 anymore.

You can contact molecule6 which i recommend because of the rebates. I only can offer the vice president as your account manager without the rebates. The choice is up to you.
:smt026


Thanx :smt113
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!

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rushN4
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Postby rushN4 » Sun Aug 01, 2010 6:53 pm

dragon33 wrote:
gfg1 wrote:dragon, Happy Birthday.

dragon33 wrote:
newschool wrote:just one thing dragon, do you recommand molecule6 to join duka?

also you seem to still use MT4 over their jForex offering, whys that?

thanks

im suddendly interested because its now possible to open a retail account with them for a minimum of 1k$


I use Jforex but use MT4 for charting and the higherframes overlays. If some coder could make custom indicators it could be used on jforex as well. That way you don't need MT4 anymore.

You can contact molecule6 which i recommend because of the rebates. I only can offer the vice president as your account manager without the rebates. The choice is up to you.
:smt026


Thanx :smt113



Happy Birthday dragon...wish you all the best. :)

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tmanbone
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Postby tmanbone » Sun Aug 01, 2010 7:43 pm

rushN4 wrote:
dragon33 wrote:
gfg1 wrote:dragon, Happy Birthday.

dragon33 wrote:
newschool wrote:just one thing dragon, do you recommand molecule6 to join duka?

also you seem to still use MT4 over their jForex offering, whys that?

thanks

im suddendly interested because its now possible to open a retail account with them for a minimum of 1k$


I use Jforex but use MT4 for charting and the higherframes overlays. If some coder could make custom indicators it could be used on jforex as well. That way you don't need MT4 anymore.

You can contact molecule6 which i recommend because of the rebates. I only can offer the vice president as your account manager without the rebates. The choice is up to you.
:smt026


Thanx :smt113



Happy Birthday dragon...wish you all the best. :)


Happy Birthday Dragon :smt031
"The simplicity of the markets is it's greatest disguise"

T

Pro Trader
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Postby Pro Trader » Sun Aug 01, 2010 7:46 pm

Happy Birthday Dragon. Hope u had a good day

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Jalarupa
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Postby Jalarupa » Mon Aug 02, 2010 3:49 am

Happy Appearance Day Dragon :)
:smt065

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pablo101
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Postby pablo101 » Mon Aug 02, 2010 4:07 am

Happy birthday, best wishes to you! BigGrin_Smile

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bacoazul
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Postby bacoazul » Mon Aug 02, 2010 5:42 am

MightyOne wrote:
bacoazul wrote:Hello traders, first of all i want to thanks again to all the
masters here on kreslik for teaching us so much.
This time i want to take my trading to the next level, i
been doing this kind of trades for some time now but
this is this first time i take a trade with big lot size on
both entries, so i have a question, how do you guys
lower or nulify the risk when you are in the place i'am
with this trade?

Image

Tx in advance for your feed back. :D


I guess that I do not understand why you are worrying about risk when you are so deep in profit.

If you were planning on moving your average down to a 40% RET between your average price and your next entry then you should consider the risk of such a play.

You should only be thinking about resistance and how fast or slow you should bring your average price down behind the trend.

That last red candle closed larger than all the bodies in that picture and I would have placed a limit order on the low extreme.

Once I exited at the best price I would follow the rest of my plan...


Ty MO, i really appreciate your feedback right now the price is back at the second entry so i'm gonna wait were the price close and decide what to do next
These are my principles. If you don't like them, I have others.

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bacoazul
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Postby bacoazul » Mon Aug 02, 2010 8:08 am

I was in this trade last month ( the one with the arrow)
but it was very difficult to find a proper entry because
price keep making lows and i want to ask if someone was
in this trade how do you manage?



And Tx again for any feedback
These are my principles. If you don't like them, I have others.

jarnapal
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Postby jarnapal » Mon Aug 02, 2010 10:51 am

bacoazul wrote:I was in this trade last month ( the one with the arrow)
but it was very difficult to find a proper entry because
price keep making lows and i want to ask if someone was
in this trade how do you manage?



And Tx again for any feedback


If I may answer then I think es/pip too makes several entries before he gets onto "the ride"

I would decide the entry level on the smaller timeframe and see if the price closed over S/R there. Enter from smaller timeframe zl / rat reversal and sooner or later you hit the run.

I too am interested in others opinion as my advice should be taken with grain of salt, and the lemon and with tequila :lol:

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bacoazul
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Postby bacoazul » Mon Aug 02, 2010 11:45 am

jarnapal wrote:
bacoazul wrote:I was in this trade last month ( the one with the arrow)
but it was very difficult to find a proper entry because
price keep making lows and i want to ask if someone was
in this trade how do you manage?



And Tx again for any feedback


If I may answer then I think es/pip too makes several entries before he gets onto "the ride"

I would decide the entry level on the smaller timeframe and see if the price closed over S/R there. Enter from smaller timeframe zl / rat reversal and sooner or later you hit the run.

I too am interested in others opinion as my advice should be taken with grain of salt, and the lemon and with tequila :lol:


Ty Jarnapal, i do enter on smaller TF's but damm it was a
mess on that zone, thats why i'm interested in that specific
trade or zone =)
These are my principles. If you don't like them, I have others.

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