Never Lose Again

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Humble
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Postby Humble » Thu Aug 20, 2009 2:49 am

Nice trading as always es/pip.

Way to go Lis. Do you find an advantage in trading non standard t/f? Also you seem to have further developed the indi which is looking good.
Is price closing higher or lower than something? Simple yet powerful question. ..MO

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Humble
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Postby Humble » Thu Aug 20, 2009 3:04 am

es/pip wrote:~ --- everyone i know thinks i am nuts---- :D


What they can't see, right under their nose.
Is price closing higher or lower than something? Simple yet powerful question. ..MO

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pablo101
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Postby pablo101 » Thu Aug 20, 2009 6:07 am

Still learning
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Last edited by pablo101 on Tue May 04, 2010 4:06 am, edited 1 time in total.

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pablo101
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Postby pablo101 » Thu Aug 20, 2009 6:16 am

I know most are learning MO 202 so far so sorry for the buggin, I'm still in 101 class duh :)

First chart is the EU trade zline trade I entered from yesterday 19 Aug. Shame it was on demo only :( Second chart is GU today which turned out to be a loss. It may still work out so I already put an order in. Can any pros here comment on my GU and was it a bad entry on my part ... sort of like operator error?
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***FX-JEDI***
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Postby ***FX-JEDI*** » Thu Aug 20, 2009 11:27 am

pablo101 wrote:I know most are learning MO 202 so far so sorry for the buggin, I'm still in 101 class duh :)

First chart is the EU trade zline trade I entered from yesterday 19 Aug. Shame it was on demo only :( Second chart is GU today which turned out to be a loss. It may still work out so I already put an order in. Can any pros here comment on my GU and was it a bad entry on my part ... sort of like operator error?


Hi Pablo,

Not a pro...not yet anyway... but willing to make a comment on ur GBP trade. explanation in pics. Hope it helps..

Regards ***FX-JEDI***
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Screenshot - 20_08_2009 , 9_10_39 PM.png
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Screenshot - 20_08_2009 , 8_44_09 PM.png
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Its better to be out of the market wishing you were in,
then being in the market wishing you were out.....

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brettnchrism
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Postby brettnchrism » Thu Aug 20, 2009 2:23 pm

FX good explination. I don't know what KR means. Nice trade on GJ. Im still on EJ babysteps to GJ.

Are you using fibb retracements drawn on H4 or H1?

Thanks Im getting better but still alot to learn.

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Postby brettnchrism » Thu Aug 20, 2009 2:38 pm

NY trade any suggestions on how I can break my scalping habbits and hold longer? I took +15 but price went up to +40.

My entries are good this one wasn't a true zl trade but I saw strength to the upside after retest of low. Only thing missing was a true momentum candle.
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dragon33
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Postby dragon33 » Thu Aug 20, 2009 3:18 pm

brettnchrism wrote:NY trade any suggestions on how I can break my scalping habbits and hold longer? I took +15 but price went up to +40.

My entries are good this one wasn't a true zl trade but I saw strength to the upside after retest of low. Only thing missing was a true momentum candle.


Be happy with 15 the rest comes later! I had the same problem too.
The first thing i did was reducing my lotsize and turn of my computer. After a few hours a went back to see.
After ten times reaching my target i started watching those trades with smaller lotsize and build it up. Now is everything clear enough to play with high lotsize. Give it some time you will get there!

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es/pip
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Postby es/pip » Thu Aug 20, 2009 8:53 pm

pablo101 wrote:I know most are learning MO 202 so far so sorry for the buggin, I'm still in 101 class duh :)

First chart is the EU trade zline trade I entered from yesterday 19 Aug. Shame it was on demo only :( Second chart is GU today which turned out to be a loss. It may still work out so I already put an order in. Can any pros here comment on my GU and was it a bad entry on my part ... sort of like operator error?


that one is a little trickier bec it does not happen on consecutive bars--


not sure what your exact entry price was---- but looking back at the chart i think you could have got out at b/e or - a few--


are u watching the 5 min chart at all?




i don't think it was an incorrect trade. i watch the 5 min and tend to get out when a 5 min bar closes against me
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 » Thu Aug 20, 2009 9:09 pm

tough action today


no momentum really anywhere to trade



i was +60 on the e/j at 1 point on the second trade----- target was 170ish pips i got zl'ed---- i honestly thought we were going to go up--- i liked the formation on the bars so i stayed in got out on 5 min close against me---- oh well

this week was made in the early parts with all the action we have had----- today blew--- lets see what the rest of the week brings----

on days like these you try to grab what you can and not get hurt---- or dont trade at all----lol

Image

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

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