Never Lose Again

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Braathen
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Postby Braathen » Thu Oct 22, 2009 11:54 am

Nr.1 Went short seeing if my downtrend would hold... nr.3 Close past my entry.. look for better price for exit and revearse.. if it aint going down its going up.. nr.2 target BO from earlier.. wasnt too sure so just cut there at 30 pips

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aliassmith
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Re: Again and again

Postby aliassmith » Thu Oct 22, 2009 12:42 pm

Azuremaster wrote:
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?

"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. "

I would rather be lucky than good! :)

No really, I just look at MOMO and then watch price action along with zeroline targets to get in and out. It takes a lot of practice and some luck.
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aliassmith
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Postby aliassmith » Thu Oct 22, 2009 2:02 pm

20 pips a day
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TheRumpledOne
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Postby TheRumpledOne » Thu Oct 22, 2009 5:44 pm

Looks like some of you could be working on your admission to Yale.

KEEP IT SIMPLE!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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cfabian
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Postby cfabian » Thu Oct 22, 2009 9:07 pm

Nice trades Braathen, that short for 65 pips, and specially that other trade with stop and reverse was a very good move. I need to learn to be as quick as that.

Cheers


Braathen wrote:Nr.1 Went short seeing if my downtrend would hold... nr.3 Close past my entry.. look for better price for exit and revearse.. if it aint going down its going up.. nr.2 target BO from earlier.. wasnt too sure so just cut there at 30 pips

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bacoazul
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trade on gu

Postby bacoazul » Fri Oct 23, 2009 12:26 am

here i enter at 1.5184, but as u can see there are more oportunities to enter on this trade again, by the way, nice trades braathen, now i see angles and boxes.

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aliassmith
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Postby aliassmith » Fri Oct 23, 2009 1:57 pm

Wicked in at the beginning of the candle after I
really wanted. It bounced fairly fast and went down.

Good for 20 pips :)
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es/pip
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Postby es/pip » Fri Oct 23, 2009 2:04 pm

aliassmith wrote:Wicked in at the beginning of the candle after I
really wanted. It bounced fairly fast and went down.

Good for 20 pips :)



nice trading

it gets easier and easier doesn't it?


if it doesn't go your way you get out with a small loss or be

if it does then you make pips

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

aliassmith
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Postby aliassmith » Fri Oct 23, 2009 3:22 pm

es/pip wrote:if it doesn't go your way you get out with a small loss or be



That is the part I am trying to work on. I am looking at past charts
to see when the best time to bail on the trade will be.

I would like to consistently keep my losses less than 10 pips. With
optimal entries this gets better also.

Practice, analyze, practice, analyze and repeat.
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Azuremaster
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Postby Azuremaster » Fri Oct 23, 2009 8:43 pm

Have not had time to post it yesterday.

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