Never Lose Again

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pablo101
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Postby pablo101 » Wed Sep 23, 2009 10:35 am

es/pip wrote:ej short

a little help from the nzd gdp report i guess


it was supposed to come out at 6:45 eastern

that bar wasn't till 7:20
WEIRD
not sure what all that was about
http://www.forexfactory.com/calendar.php

pound short--- based on news into the dbl top, then long off the h1 zl.

also was long the euro for 25 pips--- but that setup was not real clear on the h1--- it was based more off the PA from the result of the news---

--------------------------------------

i was reading a thread on forex factory earlier, it was this guy who was trying to explain what he was "testing". His charts looked like a wounded animal. i couldn't tell what in the world he was looking at.

Then i was reading a thread on Elite trader. It was titled "forex is a scam". The op listed out why it is impossible to make money in forex.

I read another elite trader thread titled " short term traders will never win over time" or something like that. This guy was spewing out all this crap about this and that, which made no sense at all.


I was reading all this while i made some pips and drank half a bottle of whiskey. :shock:

going to try and get up for the euro session---- lol



ROFL! Drinking and trading, I've never done that before. Looks like you're making pips though :lol:
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PTG
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Postby PTG » Wed Sep 23, 2009 10:45 am

pablo101 wrote:ROFL! Drinking and trading, I've never done that before. Looks like you're making pips though :lol:


That would be TUI - Trading Under Influence :shock: :lol:
This is my new signature: "new signature".

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***FX-JEDI***
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Postby ***FX-JEDI*** » Wed Sep 23, 2009 11:01 am

last few trades after big 315 pip run...

Still fine tuning entry off smaller timeframes, in bit to early out was to early...

Missed some good pips...

Up a few pips...

explained in charts

***oops posted charts back to front, top one should be at the bottom..
lol
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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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***FX-JEDI***
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Postby ***FX-JEDI*** » Wed Sep 23, 2009 11:26 am

Here is the long 5 min entry...
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Fxtraveller
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Postby Fxtraveller » Wed Sep 23, 2009 11:27 am

Well, I am pleased to note that I am starting to get the picture....

Same trade as es/pip on EURJPY

After price reversed, I entered short again, based on H1 mighty zone, half position, got burned, but only lost 1/3 of the SELL trade profit.
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***FX-JEDI***
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Postby ***FX-JEDI*** » Wed Sep 23, 2009 11:37 am

Fxtraveller wrote:Well, I am pleased to note that I am starting to get the picture....

Same trade as es/pip on EURJPY

After price reversed, I entered short again, based on H1 mighty zone, half position, got burned, but only lost 1/3 of the SELL trade profit.


Nice work FXtraveller, I see from ur pic it was pretty much one whole number to the next :wink: gotta love them bounces at whole numbers...

Cheers ***FX-JEDI***
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es/pip
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Postby es/pip » Wed Sep 23, 2009 12:02 pm

Fxtraveller wrote:Well, I am pleased to note that I am starting to get the picture....

Same trade as es/pip on EURJPY

After price reversed, I entered short again, based on H1 mighty zone, half position, got burned, but only lost 1/3 of the SELL trade profit.



nice----
on that short------anything could have happened-----
i was long

this is just what i did and was thinking

on that ej short back into the h1

notice where the news came into and wicked that previous low pivot,

then consolidated forming a higher low

then new h1 bar created support and then we went up and zl'ed the h1 guys

will post a chart after i get out of this pound long



edit------------------------------------------

ehhhhhhhh, it was back into the h4 momo though so probably really not a trade that should have been traded like that

but after i am up a lot i get more aggressive and take riskier trades
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 Sep 23, 2009 12:30 pm

es/pip wrote:
Fxtraveller wrote:Well, I am pleased to note that I am starting to get the picture....

Same trade as es/pip on EURJPY

After price reversed, I entered short again, based on H1 mighty zone, half position, got burned, but only lost 1/3 of the SELL trade profit.



nice----
on that short------anything could have happened-----
i was long

this is just what i did and was thinking

on that ej short back into the h1

notice where the news came into and wicked that previous low pivot,

then consolidated forming a higher low

then new h1 bar created support and then we went up and zl'ed the h1 guys

will post a chart after i get out of this pound long



edit------------------------------------------

ehhhhhhhh, it was back into the h4 momo though so probably really not a trade that should have been traded like that

but after i am up a lot i get more aggressive and take riskier trades



this ej could have gone either way

it was back into the h4 momo---yes

but the news on the h4 bar wicked a previous pivot --triggering those stops, followed by an inside bar with no momo on h4

and then the h1 setup the way it did

so i was thinking long

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

spa
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Postby spa » Wed Sep 23, 2009 12:54 pm

caught a short on eurusd although it took 2 tries, first one i opened to early and had to close at a loss the second one i closed it to late as i was looking on the higher timeframes once again
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es/pip
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Postby es/pip » Wed Sep 23, 2009 1:40 pm

Sometimes i feel like Geitner is watching me trade





:shock: :shock: :shock:





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

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