A Honest journal
forex_trader_27988
Member Since Jan 26, 2011
1367 posts
Aug 01, 2011 at 22:36
YOU ARE FUNNY.
IN A CHILDISH SORTOF WAY...
I ASK FOR YOUR CHART....
..AND YOU SHOW ME A CHART OF POP HITS..
OKEY DOKEY...
Z/.
IN A CHILDISH SORTOF WAY...
I ASK FOR YOUR CHART....
..AND YOU SHOW ME A CHART OF POP HITS..
OKEY DOKEY...
Z/.
Aug 01, 2011 at 22:53
(edited Aug 01, 2011 at 22:54)
Ok Zero it was 'kinda' fun to play your silly games, but now I have something else to do, so I'm gonna put a cork on you till tomorrow afternoon, than we can play more 😁 ! Ok?
Zero is blocked till tomorrow after trading time.
Zero is blocked till tomorrow after trading time.
Forex or bust!
Member Since Jul 24, 2011
23 posts
Aug 02, 2011 at 06:26
TheOracle posted:
Ok Zero it was 'kinda' fun to play your silly games, but now I have something else to do, so I'm gonna put a cork on you till tomorrow afternoon, than we can play more 😁 ! Ok?
Zero is blocked till tomorrow after trading time.
A personal message to TheOracle
zero NEVER takes NO for an answer. That is why he becomes a loser. You on the other hand have manners and know now how to deal with zero.
Rgw best way is to ignore him as that drives him insane. I support your efforts in that you are just doing your thing here. If you do not mind I can post some insight here for you on forex trading. I only ask for good manners as I see you have.
The KEY is in the money flow. I will post my observations before a move if you care to read it.
Keep zero blocked as you waste your time with him. I learned that the hard way.
Take care...
Aug 02, 2011 at 15:04
Ok this post goes to everybody.
I really welcome posts here in my thread and I'm a big supporter of free speech. I'm not the kind of guy that block people from posting because they say things that I don't agree with.
Unfortunately over the internet (on blogs and threads) if people talk BS and you come with arguments, they block you instead of proving you wrong. It is like that on FF, karl Denninger blog, youtube, etc.
I believe in a educated discussion and if I can't prove you wrong I will always admit it. I wish people all over would do the same, but thats not reality.
I think that blocking somebody is only admissible when the person is trying to disrupt the flow of conversation meaning being a trouble maker for the sake of it.
I started this thread here to post about my journey, my attempt to become a full time trader.
I'm not here to manage peoples funds or to prove that i'm a amazing trader.I'M NOT HERE TO PROVE ANYTHING!
In the future when I have more time I plan to post charts, videos etc but right now I can't.Trading requires focus (at least for me) and i'm not wasting my trading or family time with parallel activities.
If you are here to see videos,charts,or to get signals you are in the wrong place. I would advise you to go read another thread.
Now if you want to witness the possible transition from a loser to somebody that made it on Forex you are in the right place.
I'm unblocking Zero this afternoon but if he keeps disturbing the forum I will be forced to block him again
I really welcome posts here in my thread and I'm a big supporter of free speech. I'm not the kind of guy that block people from posting because they say things that I don't agree with.
Unfortunately over the internet (on blogs and threads) if people talk BS and you come with arguments, they block you instead of proving you wrong. It is like that on FF, karl Denninger blog, youtube, etc.
I believe in a educated discussion and if I can't prove you wrong I will always admit it. I wish people all over would do the same, but thats not reality.
I think that blocking somebody is only admissible when the person is trying to disrupt the flow of conversation meaning being a trouble maker for the sake of it.
I started this thread here to post about my journey, my attempt to become a full time trader.
I'm not here to manage peoples funds or to prove that i'm a amazing trader.I'M NOT HERE TO PROVE ANYTHING!
In the future when I have more time I plan to post charts, videos etc but right now I can't.Trading requires focus (at least for me) and i'm not wasting my trading or family time with parallel activities.
If you are here to see videos,charts,or to get signals you are in the wrong place. I would advise you to go read another thread.
Now if you want to witness the possible transition from a loser to somebody that made it on Forex you are in the right place.
I'm unblocking Zero this afternoon but if he keeps disturbing the forum I will be forced to block him again
Forex or bust!
Member Since Jan 14, 2010
556 posts
Aug 02, 2011 at 15:08
Nicely said.
Please ignore all of the nay-sayers. I really like reading your posts and hope you don't let anyone get on your nerves!
As for zero - he's simply out of his mind, it's just a waste of time trying to reason with him so if I were you, I would go ahead and block him again.
Please ignore all of the nay-sayers. I really like reading your posts and hope you don't let anyone get on your nerves!
As for zero - he's simply out of his mind, it's just a waste of time trying to reason with him so if I were you, I would go ahead and block him again.
Aug 02, 2011 at 15:57
My trading day was a lot easier today due to the fact that I actually had signals from my system. I don't mind trading support and resistance areas but I feel more comfortable when my strategy stops fooling me.
Got a clear signal at 1.4217 and the trade was good for 45 pips with zero draw down 😁 I just love this kind of trades!
At 4170 I went long based on the last support . The trade once reached +41 pips but I got greedy(i guess) and saw it coming back against me, than i became stubborn and saw my SL of -20 be hit. After forcing me out of position the market exploded up and like yesterday I was really tempted to jump in impulsive trades as price kept climbing. Thankfully I didn't.
My discipline payed off. I saw price hit the Asian's high almost to the pip and turn back. I took the trade with a -10 pip SL closed prematurely for +25 but at least I got back my loss of the day and some more.
I have to stop trading right now because of my remodeling project. My week is looking good I'm already beyond my weekly goal which means that I can switch to super picky mode from now on and just take the A+ set ups.
Have work to do, see you guys tomorrow.
Got a clear signal at 1.4217 and the trade was good for 45 pips with zero draw down 😁 I just love this kind of trades!
At 4170 I went long based on the last support . The trade once reached +41 pips but I got greedy(i guess) and saw it coming back against me, than i became stubborn and saw my SL of -20 be hit. After forcing me out of position the market exploded up and like yesterday I was really tempted to jump in impulsive trades as price kept climbing. Thankfully I didn't.
My discipline payed off. I saw price hit the Asian's high almost to the pip and turn back. I took the trade with a -10 pip SL closed prematurely for +25 but at least I got back my loss of the day and some more.
I have to stop trading right now because of my remodeling project. My week is looking good I'm already beyond my weekly goal which means that I can switch to super picky mode from now on and just take the A+ set ups.
Have work to do, see you guys tomorrow.
Forex or bust!
forex_trader_27988
Member Since Jan 26, 2011
1367 posts
Aug 02, 2011 at 22:13
(edited Aug 02, 2011 at 22:22)
i just thought that i might share with you a little something that i enjoy using..
it is a very simple indicator..
it enhances your ask line, turns it red, it does, indeed it does..
you will see a blue line... this is your average or breakeven price... if all trades are closed on the chart, the blue line will sit on the bid price..
also, there is a white line... this is your average or typical price.. average price=(bid+ask)/2;
the source code contains a couple of functions that are not being used, fyi.
i have included both the source and compiled code.
place the files in /experts/indicators ..
happy twiddling,
zero/.
it is a very simple indicator..
it enhances your ask line, turns it red, it does, indeed it does..
you will see a blue line... this is your average or breakeven price... if all trades are closed on the chart, the blue line will sit on the bid price..
also, there is a white line... this is your average or typical price.. average price=(bid+ask)/2;
the source code contains a couple of functions that are not being used, fyi.
i have included both the source and compiled code.
place the files in /experts/indicators ..
happy twiddling,
zero/.
Member Since Jul 24, 2011
23 posts
Aug 03, 2011 at 06:30
You made the right decision. I will post here my trade experience to give you some insight. I will start on Wednesday. Good Evening !!!
Aug 03, 2011 at 12:23
I woke up a little late today and really tired from yesterdays remodeling work. I went short @ 4282 ( highs of yesterday) and got stopped out for -20.
Got a pretty solid signal to go short again at 4340 than price started going up again and I bailed out for +6 pips, just to see now that the trade would be good for 40 or 50 pips.
Well ! I should not be trading at all today, I'm tired and out of focus.
Got a pretty solid signal to go short again at 4340 than price started going up again and I bailed out for +6 pips, just to see now that the trade would be good for 40 or 50 pips.
Well ! I should not be trading at all today, I'm tired and out of focus.
Forex or bust!
forex_trader_36599
Member Since May 13, 2011
1341 posts
Aug 03, 2011 at 12:53
TheOracle posted:
I woke up a little late today and really tired from yesterdays remodeling work. I went short @ 4282 ( highs of yesterday) and got stopped out for -20.
Got a pretty solid signal to go short again at 4340 than price started going up again and I bailed out for +6 pips, just to see now that the trade would be good for 40 or 50 pips.
Well ! I should not be trading at all today, I'm tired and out of focus.
Sorry but I Should say the truth
There ıs no such system on the world that achieves 1:2 Risk/Reward ratio.If so please tell me the logıc I wıll code the EA and gıve ıt to you.
I dont know ıf you are tradıng wıth fıx or floatıng spread, ıf floatıng any spread wıdenıng can STOP you out wıth 20 pıp STOP whıle targetıng +40 - 50.
Again, I dont know ıf you are usıng Money Managment and dıfferent TP poınts, I assume you should.
My last advıse. Just gıve a try.
Purchase any of the followıngs
eg. FGB or WSFR or FCS and open an mıcro account leave ıt ıtselt wıth standart setup.
walker
Member Since Jul 24, 2011
23 posts
Aug 03, 2011 at 13:03
SirGoodman posted:
You made the right decision. I will post here my trade experience to give you some insight. I will start on Wednesday. Good Evening !!!
If you really want to be a winning trader try to have an open mind. I really could improve your trading results. We trade the same currency. To give you some confidence I will post my entry everytime I do a trade and why. There is a winning way to trade forex and it is not technical or EA.
Good Trading !!!
P.S. I do not want anything from assisting you other than the satisfaction to see your results improve. You need a Trade Plan. You need to know why you are doing the trade.
Later
Member Since Jan 14, 2010
2299 posts
Aug 03, 2011 at 13:04
(edited Aug 03, 2011 at 13:05)
walker, and why is that? Oracle is doing well. why should he change anything? Nobody cannot win all the time.
When trading manually tiredness and things that disturb and take eye from the ball screw things considerably. My yesterday's trading is a point. Would not go into details but we are having major project of our own, LOL.
When trading manually tiredness and things that disturb and take eye from the ball screw things considerably. My yesterday's trading is a point. Would not go into details but we are having major project of our own, LOL.
forex_trader_36599
Member Since May 13, 2011
1341 posts
Aug 03, 2011 at 13:07
Chikot posted:
walker, and why is that? Oracle is doing well. why should he change anything? Nobody cannot win all the time.
When trading manually tiredness and things that disturb and take eye from the ball screw things considerably. My yesterday's trading is a point. Would not go into details but we are having major project of our own, LOL.
I am not talkıng about %100 wın. THERE IS NO SUCH THING IN MARKET.
I am talkıng about Risk/Reward ratio. Please read what I wrote carefully then comment ıf you dont mınd.
walker
Member Since Jan 14, 2010
2299 posts
Aug 03, 2011 at 13:14
walker36 posted:
Chikot posted:
walker, and why is that? Oracle is doing well. why should he change anything? Nobody cannot win all the time.
When trading manually tiredness and things that disturb and take eye from the ball screw things considerably. My yesterday's trading is a point. Would not go into details but we are having major project of our own, LOL.
I am not talkıng about %100 wın. THERE IS NO SUCH THING IN MARKET.
I am talkıng about Risk/Reward ratio. Please read what I wrote carefully then comment ıf you dont mınd.
walker
I do not remember that Oracle was ever speaking about having fixed risk to reward. He simply expressed pity that he closed for 6 pips and market moved price further.
It all depends upon the strategy used and where the entry is.
In any case I think he knows what he is doing.
forex_trader_36599
Member Since May 13, 2011
1341 posts
Aug 03, 2011 at 13:22
Yes
He wrote
'Got a pretty solid signal to go short again at 4340 than price started going up again and I bailed out for +6 pips, just to see now that the trade would be good for 40 or 50 pips.'
thıs ıs emotıon sır. If you agree or not. Emotıon ıs kıllıng hıs trades. He exıt that trade becouse he dıd LOST the last one. In that trade he tought he can loose agaın and toal loss wıll -40 pıps. so he dıd EXIT. he dıd not follow the rules he had.
THIS EMOTION SIR. If you are callıng that trades acıtıvıtes as ' HE IS DOING GOOD' you are NOT HELPING HIM. and you are doıng very dongerous thıng for hıs future trades. If you want to help hım TELL THE TRUTHS. NOT YE YE every commnet.
regards
He wrote
'Got a pretty solid signal to go short again at 4340 than price started going up again and I bailed out for +6 pips, just to see now that the trade would be good for 40 or 50 pips.'
thıs ıs emotıon sır. If you agree or not. Emotıon ıs kıllıng hıs trades. He exıt that trade becouse he dıd LOST the last one. In that trade he tought he can loose agaın and toal loss wıll -40 pıps. so he dıd EXIT. he dıd not follow the rules he had.
THIS EMOTION SIR. If you are callıng that trades acıtıvıtes as ' HE IS DOING GOOD' you are NOT HELPING HIM. and you are doıng very dongerous thıng for hıs future trades. If you want to help hım TELL THE TRUTHS. NOT YE YE every commnet.
regards
Member Since Jan 14, 2010
2299 posts
Aug 03, 2011 at 13:29
(edited Aug 03, 2011 at 13:30)
Relax man, emotions are ever present. He cuts his losses and despite rare emotional outbursts like this he will be fine. I just wonder why are you so emotional? 😁
forex_trader_36599
Member Since May 13, 2011
1341 posts
Aug 03, 2011 at 13:38
Chikot posted:
Relax man, emotions are ever present. He cuts his losses and despite rare emotional outbursts like this he will be fine. I just wonder why are you so emotional? 😁
I am not emotıonal. YOU are Emotıonal to what ever he does. I am just tellıng the truth.
If you lıke to watchıng hım here whıle doıng wrong thıngs thıs your perspectıve. NOT MINE.
RULE 1
If you are not ready to STOP OUT accordıng to your stats DO NOT TAKE THE TRADE.
RULE 2
ıf you are not ready to waıt untıl TAKE PROFIT target ın your stats DO NOT TAKE THE TRADE.
or ıt ıs better to gıve cash to broker dırectly.
walker
Aug 03, 2011 at 13:47
Ok finaly got a decent entry @ 1.4340 on the re test of the previous high currently at +55 pips 😁 patience pays at the end!
I'm gonna set up my t/p at +20 and see what happens. In the worst scenario I'm still finishing my day on positive.
I'm tired !
I'm gonna set up my t/p at +20 and see what happens. In the worst scenario I'm still finishing my day on positive.
I'm tired !
Forex or bust!
