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brettnchrism
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Postby brettnchrism » Sat Oct 03, 2009 4:39 am

prochargedmopar wrote:
brettnchrism wrote:One trade today post news. Only took one trade met my daily goal of 20 pips.


Brett,
Really going for 20 pips a day?

What about the 70's and 80's you've been getting....LOL


HEHEHE...Ya I had a good week ended up in the 400+ club this week...

I need to get things done around here so Im going to shoot for 20 a day until I can get back to full time trading....

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es/pip
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Postby es/pip » Sat Oct 03, 2009 1:18 pm

brettnchrism wrote:
prochargedmopar wrote:
brettnchrism wrote:One trade today post news. Only took one trade met my daily goal of 20 pips.


Brett,
Really going for 20 pips a day?

What about the 70's and 80's you've been getting....LOL


HEHEHE...Ya I had a good week ended up in the 400+ club this week...

I need to get things done around here so Im going to shoot for 20 a day until I can get back to full time trading....


400 pips!!!!!!!!!!!!

that's a great --outstanding--amazing week

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

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brettnchrism
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Postby brettnchrism » Sun Oct 04, 2009 1:34 am

es/pip wrote:
brettnchrism wrote:
prochargedmopar wrote:
brettnchrism wrote:One trade today post news. Only took one trade met my daily goal of 20 pips.


Brett,
Really going for 20 pips a day?

What about the 70's and 80's you've been getting....LOL


HEHEHE...Ya I had a good week ended up in the 400+ club this week...

I need to get things done around here so Im going to shoot for 20 a day until I can get back to full time trading....


400 pips!!!!!!!!!!!!

that's a great --outstanding--amazing week

congrats :D :D :D :D :D
Thanks ES it was my best week so far. Now looking at the binary options just jumping on the wagon. It actually looks cool but I need to try demo to get it down .

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***FX-JEDI***
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Postby ***FX-JEDI*** » Sun Oct 04, 2009 12:29 pm

Yeah very nice trading Brettnchrism :D

MO, ES/PIP, I posted below a screen shot of weekly & monthly chart of GBP/USD just wondering what your thoughts are on what I wrote, any comments appreciated.

Regards ***FX-JEDI***
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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.....

aliassmith
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Postby aliassmith » Sun Oct 04, 2009 2:17 pm

es/pip wrote:
Fxtraveller wrote:As I only had 1 trade at beginning of the week and everybody else was trading like crazy, I thought Id join in =]

My rules to enter where price pullback to BO line by MOMO candle are good, but few (but very secure) opportunities.

(ex. GBPUSD H4 pic below)


But I noticed es/pip takes his pips at OPEN of a MOMO bar... (and I should know that if I was reading the NLA thread more attentively).

So.... I trade now the OPEN of a MOMO (Open +3 pips, dont want to miss the trade=).

+25 pips on GU limit order (GU H1 pic), was sleeping, PA is not much of a problem if a Zline is properly identified.

The BUY trade was not taken, but could have been, at MOMO open + 3 pips

8 profitable trades in a row. never had this.

Will be going live with this very soon




But I noticed es/pip takes his pips at OPEN of a MOMO bar... (and I should know that if I was reading the NLA thread more attentively).


i TEND to do that but i am still aware of the high/low area

a zl is anywhere there is held profit

so traders are executing trades of the highs and lows as well as off the open closes.

just mark them where you feel comfortable, you obviously understand what you are looking at

Image



I think the wicks become more important as the timeframe gets shorter.

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Postby aliassmith » Sun Oct 04, 2009 2:27 pm

pablo101 wrote:
brettnchrism wrote:Only took one trade met my daily goal of 20 pips.


you can easily get more than 20 per day with this type of trading .... but none of my biz, nice trading :lol:


"you can easily get more than 20 per day with this type of trading"

You can easily become very wealthy with 20 pips a day also :idea:

I am fine with anything over 87 a week, with 1% equals 7 pips MM.

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brettnchrism
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Postby brettnchrism » Sun Oct 04, 2009 9:27 pm

aliassmith wrote:
pablo101 wrote:
brettnchrism wrote:Only took one trade met my daily goal of 20 pips.


you can easily get more than 20 per day with this type of trading .... but none of my biz, nice trading :lol:


"you can easily get more than 20 per day with this type of trading"

You can easily become very wealthy with 20 pips a day also :idea:

I am fine with anything over 87 a week, with 1% equals 7 pips MM.


Thats my thoughts. I am a nervous trader but I can wait for a good set up once a day to get in and get a quick 20 and get out. I increase my lot size as my account grows...I may try this week to set a sl at +5 and let it ride but will have to close it down can't watch or I will be tempted to take profit too early...

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brettnchrism
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Postby brettnchrism » Sun Oct 04, 2009 9:31 pm

This is what I have set up for Sunday night. No trades yet...
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Patch
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Postby Patch » Sun Oct 04, 2009 10:02 pm

brettnchrism

Only do what you are comfortable with. Are you trading demo? Mini? Full account? I know what you mean about watching the charts after you place a trade. Even watching demo dollars go up and down was very emotional for me not too long ago.

Where is Stockton, MO anyway. I've heard of Stockton, CA.

Patch
In VA
Lookin at the US Map
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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es/pip
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Postby es/pip » Mon Oct 05, 2009 12:34 am

***FX-JEDI*** wrote:Yeah very nice trading Brettnchrism :D

MO, ES/PIP, I posted below a screen shot of weekly & monthly chart of GBP/USD just wondering what your thoughts are on what I wrote, any comments appreciated.

Regards ***FX-JEDI***



i say it goes down and test the weekly areas----

who really knows

i am long right now bec it is going up lol

off the h1

as well as the euro bec it is also going up

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

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