Never Lose Again

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Fxtraveller
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Postby Fxtraveller » Wed Oct 07, 2009 11:59 am

BUY at MOMO OPEN. double the usual lot +24 pips, was lots of fuel left.

It was a perfect trade, Open of H1, H4, both MOMOs, and an area of support on D1.

given these facts my TP could have been double, but since Im not there for 99% of my trades- need to make sure that I grab some of it =]

Also SELL, but this time MOMO rammed through, could have exited at BE/ +3 5 mintes later, but that another story.
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EJ loss but could ve BE.gif
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Fxtraveller
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Postby Fxtraveller » Wed Oct 07, 2009 12:21 pm

Thus my winning streak is interrupted at 12. restart counting =]

must stay "picky" on my trades !
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Fxtraveller
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Postby Fxtraveller » Wed Oct 07, 2009 12:31 pm

Could anybody, ANYBODY explain this?
I know carry trades are lucrtaive (sell on GBP/nzd)

but this is getting ridiculous.... All time low has been depassed 3-4 weeks ago :OOO
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gz.gif
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jcelano
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First Post - LONG TIME LURKER

Postby jcelano » Wed Oct 07, 2009 1:13 pm

Hello everyone!

After lurking about for months, I am finally getting around to my first post; like so many others, I am finally "SEEING" what price is doing and wanted to post a couple charts for your perusal and thoughts.

Please note that these charts are based on a ZLine trade I just took for a few pips profit - which then went on to make a HUGE profit! :shock:

My intention is not so much "profit" per se as I am trading on a demo (after playing ass-grab with a few live micro accounts and letting greed destroy them), rather I am concentrating SOLELY on identifying entry and exit points.

It's funny, after reading through all the pages of NLA I almost feel like I KNOW each of you who post regularly...like sitting in the back of the class for a few months and never participating but watching an learning....


Special thanks to ES/PIP who pissed in my punch via PM and helped me to SEE :D :shock: :shock:

:EDIT: CHARTS POSTED IN REVERSE ORDER....sorry about that :oops:
Attachments
GU CHART FOR POSTING.JPG
Entered LONG at dotted line... I entered based on what I perceived as support
GU CHART FOR POSTING.JPG (153.95 KiB) Viewed 4128 times
Out at line.JPG
Out at the YELLOW LINE... could have gone more but am slowly testing the waters on ZLine Exits
Out at line.JPG (156.89 KiB) Viewed 4128 times
whoa.JPG
GREAT CEASAR'S GHOST, look what happened! No matter, I'm happy to leave some pips on the table until I identify my exits for higher profit
whoa.JPG (159.33 KiB) Viewed 4128 times

Fxtraveller
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Postby Fxtraveller » Wed Oct 07, 2009 4:14 pm

Definately need to stop scalping..... + 5 pips at 50% Bull MOMO + BO point- but Sell momo was considerable as well.

Although H4 is bullish, think its time for a uptrend now.
Attachments
ej +5pips h1.gif
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prochargedmopar
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Re: First Post - LONG TIME LURKER

Postby prochargedmopar » Wed Oct 07, 2009 4:26 pm

jcelano wrote:Hello everyone!

After lurking about for months, I am finally getting around to my first post; like so many others, I am finally "SEEING" what price is doing and wanted to post a couple charts for your perusal and thoughts.

Please note that these charts are based on a ZLine trade I just took for a few pips profit - which then went on to make a HUGE profit! :shock:

My intention is not so much "profit" per se as I am trading on a demo (after playing ass-grab with a few live micro accounts and letting greed destroy them), rather I am concentrating SOLELY on identifying entry and exit points.

It's funny, after reading through all the pages of NLA I almost feel like I KNOW each of you who post regularly...like sitting in the back of the class for a few months and never participating but watching an learning....


Special thanks to ES/PIP who pissed in my punch via PM and helped me to SEE :D :shock: :shock:

:EDIT: CHARTS POSTED IN REVERSE ORDER....sorry about that :oops:


How do you get fxcm to save pics in a format that can be uploaded to tinypic.com????

How are you saving yours.
Thx.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

jcelano
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Postby jcelano » Wed Oct 07, 2009 6:21 pm

Hey Pro...

I'm on VISTA which has a "Snipping Tool" you can use to capture the screen into .jpg format.

Alternatively you can google "snippy" and use that program...either work great but "snippy" doesn't work on Vista so I use the one that's built in...

Hope that helps...

James

Fxtraveller
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Postby Fxtraveller » Wed Oct 07, 2009 7:08 pm

My 2 lost trades and analysis of what could have been done to make them winners OR exit at BE
Attachments
gu aa shit !.gif
gu aa shit !.gif (18.89 KiB) Viewed 3987 times
EJ loss but could ve BE.gif
EJ loss but could ve BE.gif (17.89 KiB) Viewed 3988 times

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prochargedmopar
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Postby prochargedmopar » Thu Oct 08, 2009 12:22 am

jcelano wrote:Hey Pro...

I'm on VISTA which has a "Snipping Tool" you can use to capture the screen into .jpg format.

Alternatively you can google "snippy" and use that program...either work great but "snippy" doesn't work on Vista so I use the one that's built in...

Hope that helps...

James


Thanks.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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dragon33
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Postby dragon33 » Thu Oct 08, 2009 12:50 am

es/pip wrote:
dragon33 wrote:20 profitable trades in a row is not that hard.

I just made a stupid loser last friday but before that i had a strike of 127 winners in a row. I do not trade as much as ES/PIP but i try to catch the big ones. I try to trade where there is a possibility of 100 pips (read space betwoon the mozones on H4)



damn!!!!!!!!! that is impressive stuff Dragon

lol---- i trade way too much :D


i always have at least a couple b/e a day if not a couple losers --- but i am playing for the little ones and the big ones---- taking my scalps here and there until i catch on on the h4

i am getting more patient, but still have some work to do ---obviously



being introduced to trading via scalping stocks still haunts my trigger finger

:D


Most of my trading is from the H4 or higher. When i have some spare time i still scalp my way up from H1 or smaller. The down, up, down or up, down, up combinations with the same bodysize on H1 are very strong because most of the times that's the place where a BO starts. It is nice when you are able to catch that run from the bottom (= almost every time near the 100 pip)
When you catch that on H4 we are talking about 200 pip or more. I only do this on GU.

I only trade other pairs from the weekly chart with smaller lotsize and bigger stop and try to stay in for a week or longer. Maybe i will post some trades of that in the future
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