Never Lose Again

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aliassmith
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Postby aliassmith » Wed Oct 21, 2009 1:42 pm

Thirty pips :shock:

Still need to control my erg to stay to long into lossers
and I think I'll catch up with ES/PIP :wink:
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spa
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Re: Again and again

Postby spa » Wed Oct 21, 2009 2:03 pm

Azuremaster wrote:I try to take less trades.
Again, 2 losers here

Image

Ok, 5min is not working again. Lets try 15m.

Oops, SL got hit again



This is getting very funny.... Or not?


on my charts it looks like you bought into a 4h Zl, I was looking for shorts around there but failed to pull the trigger...

aliassmith
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Re: Again and again

Postby aliassmith » Wed Oct 21, 2009 2:05 pm

Azuremaster wrote:I try to take less trades.
Again, 2 losers here

Image

Ok, 5min is not working again. Lets try 15m.

Oops, SL got hit again

Image

This is getting very funny.... Or not?


On your M15 chart, I can see why you entered where you did.
I still think it was a little low. Entry should be closer to the point
of the arrow you have there.

The trade clearly was looking "shady", 3 candles closed against you.
It was time for a near breakeven exit, -6ish at the most.

Note: The long red candle before your entry candle. It hit a zeroline
previous to coming back up. Keep an eye out for those type of situatiuons.
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es/pip
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Postby es/pip » Wed Oct 21, 2009 2:21 pm

Azuremaster wrote:Frustrated....

Image


Bullshit?

nope

just price action

maybe you and lukz should sit across from each other and bounce negative ideas of each others foreheads

you guys do not realize how important the correct mindset is


again you are looking at it as just bec. there is a setup that it must work out correctly no matter what

that's not how this works--- you have to be discretionary and adapt to what the market does



and again the zl/ mz did what it was supposed to do it held the area at least for the short term

price sold off back into another zl for the longs--

was it smaller than the down momo yes--- but the market on the inside was saying it may go long of that area--- so you try to trade long and see what happens--- if the long would have not worked i would have still been thinking short from the down momo and flipped it and traded that direction

but if the market is going up you have to trade long

and if it is going down you have to trade short

look inside and trade it

i traded short off the down momo and then traded long off the up momo

braathen's chart was how i traded the long




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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Re: Again and again

Postby es/pip » Wed Oct 21, 2009 2:45 pm

Azuremaster wrote:I try to take less trades.
Again, 2 losers here

Image

Ok, 5min is not working again. Lets try 15m.

Oops, SL got hit again

Image

This is getting very funny.... Or not?



all of those trades could have been exited at be--

on the m15 why try and short it at the bottom when there were 3 trades off the top that would have worked.

all of this is said without looking at the other time frames---

but still just looking at the m5 or m15 one could trade that sequence and make pips

you need to spend some time looking at charts and figuring out why some work and some dont and how to deal with those situations
Bend over and assume the position for another 4 years of hope and change.

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aliassmith
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Postby aliassmith » Wed Oct 21, 2009 2:51 pm

Was a little "picky" trying to get an entry.
I missed getting in on this 30 pips move by
2 pips. UGH! :roll:
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gutek04
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Postby gutek04 » Wed Oct 21, 2009 3:11 pm

:)
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Azuremaster
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Postby Azuremaster » Wed Oct 21, 2009 5:07 pm

es/pip wrote:Bullshit?

nope

just price action

maybe you and lukz should sit across from each other and bounce negative ideas of each others foreheads

you guys do not realize how important the correct mindset is

again you are looking at it as just bec. there is a setup that it must work out correctly no matter what

that's not how this works--- you have to be discretionary and adapt to what the market does


I am not looking at it as a 100% setup. I am just trying to pick good trades with the higher TF direction and post charts here. And I am at lest a bit discretionary-I did not take all the setups.

es/pip wrote:i traded short off the down momo and then traded long off the up momo
braathen's chart was how i traded the long


Exactly, I saw that the up momo was much smaller the the down momo.
And you and braathen entered long when price did hit H4 ZL short area!
So the question is-why do we need higher timeframes? Maybe we should trade off 5m and 15m directly if you ignore 4h short ZL when enter long off m5.

Azuremaster
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Re: Again and again

Postby Azuremaster » Wed Oct 21, 2009 5:17 pm

es/pip wrote:

all of those trades could have been exited at be--


5m trades went 0 pips in my favour. If you can make BE out of negative pips-thats great, but I certainly can not.

es/pip wrote:on the m15 why try and short it at the bottom when there were 3 trades off the top that would have worked.


Maybe we can ask the same question Aliassmith-why long cable at the top after 200+ pip rally? Same situation. The only difference is that he was lucky and the trade worked out well, and my trade did not work.

es/pip wrote:all of this is said without looking at the other time frames

but still just looking at the m5 or m15 one could trade that sequence and make pips
you need to spend some time looking at charts and figuring out why some work and some dont and how to deal with those situations


Please tell me, if you were trading euro, would you take my 5m trades? And if not, why?

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Braathen
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Postby Braathen » Wed Oct 21, 2009 5:34 pm

So... in true nerd fashion i was playing computer games when i glanced over at this.. price came down to a 1h breakout point and bounced.. going up? bloody hope so :) :) nice little momo high close and entry of the retrace.

Image

outcome.. filled the channel nicly

Image
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