Never Lose Again

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prochargedmopar
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Postby prochargedmopar » Fri Oct 16, 2009 3:04 pm

Thankyou to both aliassmith and Dragon33 for your most recent exchanges with Lukx.

There are others watching and these post have been very helpful.
#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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prochargedmopar
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Postby prochargedmopar » Fri Oct 16, 2009 3:17 pm

Hmmmmm

Possible h4 momo short for e/j???

Image

I see here the m5 red rat just triggered and the H1 red rat is about to trigger.
Man, that just seems so late to the party and now having to sell at support has always killed me.

Image
#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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prochargedmopar
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Postby prochargedmopar » Fri Oct 16, 2009 3:26 pm

Sellling at support has got to increase the risk of the trade......
I see a double top...(valley was broken around 135.40 for short entry conformation) Even that would have been selling at previous support level but 40 pips up the ladder.

These are the kind of things that make me hesitate and miss trades then get hasty and enter to late.

What to do?

Where have you guys entered the short for e/j?
I see a few M5 entries when price was 20 pips from the daily high but those are just a guess most times.

HMMMM??
Double Hmmmm!!!

Selling at support not working out to well for someone.
after price failed to make a new high sure looks good in hindsight, but it is something we see ALL the time.
So maybe.

Image
Last edited by prochargedmopar on Fri Oct 16, 2009 3:29 pm, edited 1 time in total.
#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

aliassmith
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Postby aliassmith » Fri Oct 16, 2009 3:29 pm

prochargedmopar wrote:Thankyou to both aliassmith and Dragon33 for your most recent exchanges with Lukx.

There are others watching and these post have been very helpful.


You are welcome PRO.

I try to give back when I can.

What I had to do to improve my trading:

*Go back and read everything MO has posted more than once.
*Forget there are timeframes less than M15 and trade more pairs instead.
*Learn to take that small loss or BE.
*Learn to take a profit before it is snatched away.
Trade Your Way as Long as It Makes Money!

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es/pip
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Postby es/pip » Fri Oct 16, 2009 3:37 pm

prochargedmopar wrote:Sellling at support has got to increase the risk of the trade......
I see a double top...(valley was broken around 135.40 for short entry conformation) Even that would have been selling at previous support level but 40 pips up the ladder.

These are the kind of things that make me hesitate and miss trades then get hasty and enter to late.

What to do?

Where have you guys entered the short for e/j?
I see a few M5 entries when price was 20 pips from the daily high but those are just a guess most times.

HMMMM??
Double Hmmmm!!!

Selling at support not working out to well for someone.
after price failed to make a new high sure looks good in hindsight, but it is something we see ALL the time.
So maybe.

Image



this is what i did

Image


Image
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 » Fri Oct 16, 2009 3:42 pm

when i was using firefox and typing out a message i accidentally hit cntl +some letter

it drastically reduced the font size on everything on the kreslik site


only site it did it to

i dont know what i did and cannot correct it

its not the end of the world bec i can use chrome to view kreslik--but would rather use firefox

anyone have any idea how to reverse it
Bend over and assume the position for another 4 years of hope and change.

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blubbb
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Postby blubbb » Fri Oct 16, 2009 3:50 pm

Press Control and 0 (zero)

aliassmith
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Postby aliassmith » Fri Oct 16, 2009 4:11 pm

aliassmith wrote:
prochargedmopar wrote:Thankyou to both aliassmith and Dragon33 for your most recent exchanges with Lukx.

There are others watching and these post have been very helpful.


You are welcome PRO.

I try to give back when I can.

What I had to do to improve my trading:

*Go back and read everything MO has posted more than once.
*Forget there are timeframes less than M15 and trade more pairs instead.
*Learn to take that small loss or BE.
*Learn to take a profit before it is snatched away.


I forgot to add:
Getting "Wicked" into a trade is an artform.
I must have missed at least 90 pips in moves this week
because my limit orders were missed by 1 or 2 pips.

Getting wicked into a trade helps with 2 things. It helps limit
your stoploss sizes. I have a hard 21 pips stop, but I have
been taking 9 or less recently with wicked in trades.

Being wicked into a trade helps with the psychology. It is a
nice feeling sitting with profit after the entry candle closes.
It builds confidence in the trade.

So with a reduced average stoploss my risk:reward model
changes. 1:2 with 20 pips 1:3 with 30 pips etc. Having that type
of R:R you only have to be right over 50% of the time for
the most part.
Trade Your Way as Long as It Makes Money!

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es/pip
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Postby es/pip » Fri Oct 16, 2009 4:17 pm

blubbb wrote:Press Control and 0 (zero)



thanks

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

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MightyOne
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Postby MightyOne » Fri Oct 16, 2009 5:21 pm

lukx wrote:no way to win this game
whoever is doing it is or lying or is extremely lucky
everyone can post historic charts with picked up like cherries trades that supposedly are coming from zl lines.

Image


http://www.youtube.com/watch?v=RZsj4jKkXoc

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