Never Lose Again

[brettnchrism]

Had some time to use vhands to simulate GBP/USD for Aug 10th to 14th. It was a rough one for me. I did manage to get 9% return with toooo many mistakes. Need to practice more of course and be more willing to let the losers go.

So with USD/JPY 34% and GBP/USD 9% not a bad overall return for the week. I don't think I'll have time to simulate EUR/USD and EUR/JPY. I really can't trade all of these pairs simultaneously because of margin limitations. My live results will most likely be a mix of the four pairs.

Well 9 percent i think is good results. I have found the usd pairs this month to be tough to trade at least for me EJ has given more consistant results. I try to stick to one pair and EJ gives me enough pips and I have alot less stress from paging back and fourth. Of course if I had about four monitors that would help. LOL

[brettnchrism]

Hey espip thanks for the detail reply. Your explination furthers my understanding. I just had GJ up I dont trade that pair ethier just saw that and it referenced my questions. I only trade ej and gu. And recently Im sticking to just ej until i can get my eye and mind to see the trades forming. I sit infront of this computer 15 hours a day try to grasp it. Slowly but surely im getting it down. I guess I won't be able to tell if price will stop at a z line and reverse I will just follow the momentum and look for targets. Thanks for the help.

[prochargedmopar]

Hey espip thanks for the detail reply. Your explination furthers my understanding. I just had GJ up I dont trade that pair ethier just saw that and it referenced my questions. I only trade ej and gu. And recently Im sticking to just ej until i can get my eye and mind to see the trades forming. I sit infront of this computer 15 hours a day try to grasp it. Slowly but surely im getting it down. I guess I won't be able to tell if price will stop at a z line and reverse I will just follow the momentum and look for targets. Thanks for the help.

Brett,
I think you'll notice that even if price passes through a previous z-line area that it will consolidate on the smaller time frames for a bit.....if you start to see small real bodies on the time frame your trading (H1's) you can then be looking for a momo to show reversal before taking the leap. I see zap will sometimes just take the reversal trade at the line and I'm asuming that he is looking inside the h1 candles to get verification of momo to get in.
Hmmmmm

[brettnchrism]

I am interested in seeing zapzing's charts if anyone happens to know what page they may be on?

[zapzinig]

Sorry I have not been trading or posting any charts the last 10 days, our family has expanded by one!

We got a call asking if we would like to adopt a 6 month old girl, a sister to our 17 month old that we are in process of adoption with. We needed to decide that day. No Pressure.

We said yes, so I am taking about a month off until we can get the baby in a routine and some order again.

--zz

[es/pip]

Sorry I have not been trading or posting any charts the last 10 days, our family has expanded by one!

We got a call asking if we would like to adopt a 6 month old girl, a sister to our 17 month old that we are in process of adoption with. We needed to decide that day. No Pressure.

We said yes, so I am taking about a month off until we can get the baby in a routine and some order again.

--zz

congrats

that's a great thing that you are doing

[Patch]

zapzinig

You and your wife are too wonderful. Enjoy your time. I've several friends who have had traveled a long and difficult road persueing the adoption process here in the DC area.

I am thrilled for you. Enjoy every minute.

Patch

[Humble]

The chart by zapzinig that people are referring to is on page 518 ie change the address bar to =5170. You should also read his reply to es/pip a day later.

[marypipins]

"Faith is being certain of that which you hope for."

That is presumption.. being finite beings our hopes could be misguided or worse..foolishness...lol

[MightyOne]

"Faith is being certain of that which you hope for."

That is presumption.. being finite beings our hopes could be misguided or worse..foolishness...lol

There is only one truth and hopefully it is the same as that which you hope for.

Matter/energy should not exist because something cannot come from nothing and yet here we are.
More impressive than the existence of what is is the complexity of our bodies.

If you came home from work and saw a perfectly cooked Thanksgiving dinner on the kitchen table would you then say that its creation was just one of an infinite set of random possibilities or would you believe that it was carefully created by your spouse?

The brain is > billions of times more complex than a perfectly cooked meal and it is just as ludicrous to assume that an infinite set of random possibilities formed, placed, and protected it from the damage of external forces in every living thing on earth (where is a probability theorist when you need one).

It is humorous that those who study Quantum Theory talk so much about our power over reality and how thoughts become things while simultaneously rejecting the possibility that we are the thoughts that became things through spoken word...
that an intelligent being exists beyond the confines of our understanding; one whose makeup consists of absolutes (omni).