Never Lose Again

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Shadik
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Postby Shadik » Thu Apr 02, 2009 6:46 pm

es/pip wrote:when that happens to me---------- i get a 5min close against me i exit then or try to get out at b/e

looks like you are defiantly seeing it :D



I know ES but I trade on 5min chart:P I dont watch on higher TFs.

So this is why i dont know what I should to do:((


I hope this is my first day for better future:P ES.. I know that MO show us this - thank u MO - but your charts show me it - so ... dont stop post ES - this is really g8 job

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es/pip
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Postby es/pip » Thu Apr 02, 2009 6:58 pm

Shadik wrote:
es/pip wrote:when that happens to me---------- i get a 5min close against me i exit then or try to get out at b/e

looks like you are defiantly seeing it :D



I know ES but I trade on 5min chart:P I dont watch on higher TFs.

So this is why i dont know what I should to do:((


I hope this is my first day for better future:P ES.. I know that MO show us this - thank u MO - but your charts show me it - so ... dont stop post ES - this is really g8 job


when i take a trade off any time frame chart including the 5 and it closes against me i look to get out where ever i can

thanks but


please don't thank me--- kind of makes me feel weird, as this is all MO's stuff

again

the only reason that i posted any of the charts in the first place was to try and help others to see what i saw from MO's charts

i think i have posted more than enough charts in trying to help, i kind of feel like it is starting to come across in the wrong way

again i will try and help answer q's along with everyone else.

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razorboy
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GBP JPN

Postby razorboy » Thu Apr 02, 2009 7:05 pm

Image

In @ 146.26 and 29 - out @ 61...........

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es/pip
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Postby es/pip » Thu Apr 02, 2009 7:09 pm

shadik,

also u need to be aware of what is happening on the higher time frames

what may look like a great setup on the 5 will be an opposite setup on the 15-30 etc etc

and where you are in the big picture matters more than what the 5 min is saying to you

Shadik
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Postby Shadik » Thu Apr 02, 2009 7:20 pm

So i should put some TP on higher TFs ?

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deeforex
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Postby deeforex » Thu Apr 02, 2009 8:32 pm

es/pip wrote:i am not going to post anymore of my trades after this one

maybe one every once in a while

i think by now, considering i have posted 100's of charts that are exactly the same, that if someone wants to learn it they have plenty do go off of. Everythnig is in MO's posts and charts.

my posts are redundant at this point

i will help answer any q anyone may have.

MO,

i took my normal 4% risk per trade today but after the first winner i rolled 50% of net profit into (on top of the 4%) the next trade and then so forth on each additional trade. If i had a small loser or a b/e i started back over at 4% and did the same for each consecutive winner.

needless to say it turned a great day into a extremely great day to say the least

Not sure why what you said never really clicked for me. Then, for some reason i equated it to how i play blackjack and it clicked.

bet 100 win 2 hands bet 200 etc etc etc till i lose a hand and then start over

anyway, thanks again for everything u r doing here-------it is unreal what is possible from what i have learned from you, and to think i am still in MO 101 makes my head spin.


thanks again for your time

Image


Es or MO,

So are profits reinvested by increasing lot size or by increasing SL by the amount of your profits?

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PTG
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Postby PTG » Thu Apr 02, 2009 8:44 pm

E/J shorted 11:21. Went against me, shorted some more 11:30, then sat on my hands. It did come down, exited with considerable profit 14:16 while out for dinner :eek:

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razorboy
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GBPUSD - 5m and 15 TF setup

Postby razorboy » Thu Apr 02, 2009 8:47 pm

long - 1.4728

Image

Image

Saw a z line set up on the 15 and a momo break out on the 5....

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PTG
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Postby PTG » Thu Apr 02, 2009 8:59 pm

Just to show how easy it is to rake in pips using nothing but a couple of horizontal lines. U/C H1 long from 1.1315 :D [COLOR="Red"]-kerching-[/COLOR] :D

Image

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TheRumpledOne
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Postby TheRumpledOne » Thu Apr 02, 2009 9:16 pm

Image

Good thing the IMF will be adding trillions to the banks' coffers because they are going to need it!

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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