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razorboy
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My set up

Postby razorboy » Thu Jan 08, 2009 7:28 pm

i seem to suffer from premature withdrawl...........made a few pips when price stalled out on me
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razorboy
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Postby razorboy » Thu Jan 08, 2009 7:40 pm

much better day today.

Actually did a bit of thinking today - but not too much. Dont worry
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!

http://thejoshkerbelproject.com/

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MightyOne
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Re: My set up

Postby MightyOne » Thu Jan 08, 2009 7:41 pm

razorboy wrote:i seem to suffer from premature withdrawl...........made a few pips when price stalled out on me


I just look at the H1 and get a feel for what I should do when the 5m does what it does.
I have no lines drawn on my chart so as to not lock in my perception by becoming fixated on them.
If I am planning to enter a short trade I look at it from the going long perspective before placing the trade.
If I am wrong and a candle closes against me then I look to exit with the least amount of loss.
If I am right I use the M-Move Trader's Trick to exit.

That said, IMOP your trade was placed too high without demanding a better price.
But you do what do you if it makes you $$$ :wink:

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razorboy
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Re: My set up

Postby razorboy » Thu Jan 08, 2009 8:22 pm

my mistake was not staying in longer - beginners nerves. I got it that high to make sure the price was actually going up - not just a retrace after 4 down hours with lots of volatility


MightyOne wrote:
razorboy wrote:i seem to suffer from premature withdrawl...........made a few pips when price stalled out on me


I just look at the H1 and get a feel for what I should do when the 5m does what it does.
I have no lines drawn on my chart so as to not lock in my perception by becoming fixated on them.
If I am planning to enter a short trade I look at it from the going long perspective before placing the trade.
If I am wrong and a candle closes against me then I look to exit with the least amount of loss.
If I am right I use the M-Move Trader's Trick to exit.

That said, IMOP your trade was placed too high without demanding a better price.
But you do what do you if it makes you $$$ :wink:

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Sweet Pip
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Postby Sweet Pip » Thu Jan 08, 2009 9:23 pm

MightyOne wrote:
More 1/3 dot training:


Image


Hi MO...I like this. Tried it (TRO_ONETHIRD_DOTS) for the first time and got +15 pips in about 10 mins....:smt023

I'll be trying it out some more soon and will try to get charts to post too...

Thanks!
It's not always about getting what you want...it's wanting what you've got!

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Re: My set up

Postby Bruce » Fri Jan 09, 2009 2:39 am

MightyOne wrote:
razorboy wrote:i seem to suffer from premature withdrawl...........made a few pips when price stalled out on me


I just look at the H1 and get a feel for what I should do when the 5m does what it does.
I have no lines drawn on my chart so as to not lock in my perception by becoming fixated on them.
If I am planning to enter a short trade I look at it from the going long perspective before placing the trade.
If I am wrong and a candle closes against me then I look to exit with the least amount of loss.
If I am right I use the M-Move Trader's Trick to exit.

That said, IMOP your trade was placed too high without demanding a better price.
But you do what do you if it makes you $$$ :wink:


MightyOne,

Thank you for your continued comments on how you trade. This is very helpful. I am not clear on "If I am right I use the M-Move Trader's Trick to exit." What is the M-Move Trick? And how do you implement it?

Thanks again for sharing your experience with us.

Bruce

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TheRumpledOne
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Postby TheRumpledOne » Fri Jan 09, 2009 5:19 am

Image

Inside bar breakout and price above one-third-dots.
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.

xmess7
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Postby xmess7 » Fri Jan 09, 2009 5:53 am

YEa yea it's me again. Happy 09. I nabbed like 500 pips yesterday. Here's one that I did on the GBPJPY. The GBPUSD was similar. I decided to use TRO DYN FIBS SR and Horizontal line but in a longer term. Plus the use of the good ol trailing stop trick. :)

I think I will take a week's break MAYBE! I SEE SO MANY WINNERS IT"S NOT FUNNY ;P


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Postby BlowFish » Fri Jan 09, 2009 10:35 am

Hey Xmess,

Do you tighten your trailing stop as the move progresses? Just wondered why it didn't trigger at the bar before the cursor (3.00 bar I think) as price moved further against you there (and on the bars immediately after) than when you where finally stopped. Just interested in how you trail your stop to keep you in the big moves without giving back to much when they are short.

Cheers.

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razorboy
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Had to post this

Postby razorboy » Fri Jan 09, 2009 4:21 pm

Deutsche Bank?s Weinstein to Leave, Start Hedge Fund ....after losing $1Bbloomberg

Bill Ackerman of Pershing Square considers him an expert.................................

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