Never Lose Again

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dragon33
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Postby dragon33 » Wed Aug 19, 2009 3:17 pm

prochargedmopar wrote:+39 g/j
also got +34.5 on e/j, basically same momo trade.....
Look at the m5 body.....watch m1 price action and go.......

So far live this week I'm 13-0 for +65 pips
Demo is well over 500 pips on 9 trades............Building the foundation es/pip!!
Building the foundation.

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It seems like you are on the right way! Way to go PRO

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dragon33
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Postby dragon33 » Wed Aug 19, 2009 3:27 pm

kohorok wrote:*Anyone could help me as well*

Hi Dragon33,

This is one of your trade on BP's NLA thread and I am trying to understand this.

http://img24.imageshack.us/img24/9857/d33trade.jpg

Based on what I see;

If you see (no 1) the signal is triggered to go short, and once the candle (no 1) closed the 1H candle change to RED color. To me, I would have enter right the open of the next candle.

But, I want to ask why did you wait for the candle to go back few pips (you know there will be a GREEN candle) and then you entered at (no 2) ?

You know, I always have this problem.
once i entered I always immediately -7/-8pips.

Hope you can clarify this.
Sorry for the language if my English is not so good.

Thanks

I can not answer to that question, it is a picture from a year ago!!!

I don't even trade that method anymore because i am tired of scalping!

The rules are simple go with H1 and watch the higher timeframes where they are going.

It is for real if you have read the BB thread you could see my account growing from nothing to $22000 in less than three months.

I entered at the short and long triggers if H1 color was right or i waited untill it had the right color and then i scalped a few pips sometimes more. I always used a SL of 20 never more!

Hope this helps, if not you can start reading this thread or the DTB thread in this forum!

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es/pip
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Postby es/pip » Wed Aug 19, 2009 3:37 pm

prochargedmopar wrote:+39 g/j
also got +34.5 on e/j, basically same momo trade.....
Look at the m5 body.....watch m1 price action and go.......

So far live this week I'm 13-0 for +65 pips
Demo is well over 500 pips on 9 trades............Building the foundation es/pip!!
Building the foundation.

Image



very nice :D
Bend over and assume the position for another 4 years of hope and change.

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es/pip
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Postby es/pip » Wed Aug 19, 2009 3:48 pm

thats the end of my day


MO, do you ever feel guilty for doing this?

I don't :twisted: :twisted: :twisted: :twisted:


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Bend over and assume the position for another 4 years of hope and change.

BlackPearl
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Postby BlackPearl » Wed Aug 19, 2009 3:57 pm

Thank you Pro! I appreciate the help.

BP

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monolisa
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Postby monolisa » Wed Aug 19, 2009 4:24 pm

Nice, es.

Today's GBPUSD not-so-MZ trade. Likewise on EURUSD.

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Lis
"Know your enemy and know yourself, find naught in fear for 100 battles. Know yourself but not your enemy, find level of loss and victory. Know neither your enemy or yourself, wallow in defeat every time." - Sun Tzu

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dragon33
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Postby dragon33 » Wed Aug 19, 2009 4:58 pm

es/pip wrote:thats the end of my day


MO, do you ever feel guilty for doing this?

I don't :twisted: :twisted: :twisted: :twisted:


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lol i know the feeling! It is just to stupid for words. If i knew this from the beginning oh man! Scalping was fun but very hard focusing and this is sooooooo easy!

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brettnchrism
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Postby brettnchrism » Wed Aug 19, 2009 5:06 pm

bought at the top on strong up move and suffered a little dd so I added at 50 percent. Price came back took out my target total +45 for the two entries. Not perfect but it worked this time.
Attachments
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MightyOne
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Postby MightyOne » Wed Aug 19, 2009 6:07 pm

dragon33 wrote:
es/pip wrote:thats the end of my day


MO, do you ever feel guilty for doing this?

I don't :twisted: :twisted: :twisted: :twisted:


Image

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lol i know the feeling! It is just to stupid for words. If i knew this from the beginning oh man! Scalping was fun but very hard focusing and this is sooooooo easy!


Trading is always easy when you focus on the right things.

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MightyOne
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Postby MightyOne » Wed Aug 19, 2009 6:18 pm

brettnchrism wrote:bought at the top on strong up move and suffered a little dd so I added at 50 percent. Price came back took out my target total +45 for the two entries. Not perfect but it worked this time.


Getting into a position one piece at a time is fine, but draw down is not a reason to add to a position.

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