natruetalk:
we learn new thing on each trade we take everyday. i have learn from d closed trade earlier when i doubt d magic 58.2x zone can do "bank 32pips instead of 240pips move"

now i face with choice of follow down on d cycle break or rejection of 55.55 zone.

i will follow d cycle break and see what to learn next

It is guts my friend, you see a valid signal but you don't pull the trigger because your gut tells you otherwise. I could have sold at the hourly pin at 10am but my guts was telling me oil is gonna be bullish today so I stood aside

Still very uncomfortable with a sell here............

My DJIA sell is taking a beating too, I have to see the position through an long as 17630 is not cleared, I should be safe.

naijababe:
My DJIA sell is taking a beating too, I have to see the position through an long as 17630 is not cleared, I should be safe.

Closed -46pips ...............

Listening to your gut never hurts, oyel!!!

Santa Rally......Are you ready

@ naijababe .... Still working on that gut thing. quite difficult when using a mechanical system...
Harder is taking a trade at a support or resistance area when ur mechanical system say so... .

*************************************
Being doing quite well recently...
Due to some reason, can't trade oil for now... i trade cad /jpy and eur /cad in replacement of oil and it's been working magic...
Lot of pips made from those pairs.

@ natruetalk and naijababe.... psychologically, u guys have helped me a lot.. Think av reached a state where flowing with the market seems seamless.. No hard feelings.. no emotions..

Being in green for some time... # months

2015... Loading ....... 90%

micynute94:
@ naijababe .... Still working on that gut thing. quite difficult when using a mechanical system...
Harder is taking a trade at a support or resistance area when ur mechanical system say so... .

*************************************
Being doing quite well recently...
Due to some reason, can't trade oil for now... i trade cad /jpy and eur /cad in replacement of oil and it's been working magic...
Lot of pips made from those pairs.

@ natruetalk and naijababe.... psychologically, u guys have helped me a lot.. Think av reached a state where flowing with the market seems seamless.. No hard feelings.. no emotions..

Being in green for some time... # months

2015... Loading ....... 90%

Tell me about it! I am still working on becoming a robot myself

naijababe:


Tell me about it! I am still working on becoming a robot myself

i think say na only me wan turn robot b4....lol

holding a small sell on gold....stp at be already...watching has gold is doin d bollinger bounce...

Oga natruetalk, na you biko! That sell must be doing wonders now! I doff my hat o

natruetalk:
i am now bearish bias. i need to re-enter SELL

just sold @ 55.98 with 100pips SL

cos it ready to take out the cycle. so BULL might give up

it 8pm

am looking forward 2 c hw dis trade will end. d trade reli teach me alot

naijababe:


Tell me about it! I am still working on becoming a robot myself

U b my oga o....

When my system (1hr) gives me a signal to go long or short around a resistance or support region.. i try going 2 a higher timeframe (4hours) to see if the area is valid.. Then i try to look far back some weeks to see how many times the region held.. Let's just say i try checking if it's a minor or a major. if it's major, i wait till the current candle or next candle breaks it and close above or below... If by then, the region has been broken... I check my system to see if all my criteria are still met, then i subtract the range value ( current Day's high - low ) from daily ATR period X to gauge how far the market has moved, the value i get is then factored into my position sizing and TP. ( A bit complicated.. just a bit )

It's really wonderful when u get the hang of it..
****************************
And it also helped when i open a chart and see a strong trend with no obvious pullback.. i just use the calculation and enter the market if there's no region of support or resistance at sight...

Hope u got my ramblings...
Am starstrucked..... lol

micynute94:


U b my oga o....

When my system (1hr) gives me a signal to go long or short around a resistance or support region.. i try going 2 a higher timeframe (4hours) to see if the area is valid.. Then i try to look far back some weeks to see how many times the region held.. Let's just say i try checking if it's a minor or a major. if it's major, i wait till the current candle or next candle breaks it and close above or below... If by then, the region has been broken... I check my system to see if all my criteria are still met, then i subtract the range value ( current Day's high - low ) from daily ATR period X to gauge how far the market has moved, the value i get is then factored into my position sizing and TP. ( A bit complicated.. just a bit )

It's really wonderful when u get the hang of it..
****************************
And it also helped when i open a chart and see a strong trend with no obvious pullback.. i just use the calculation and enter the market if there's no region of support or resistance at sight...

Hope u got my ramblings...
Am starstrucked..... lol

Very nice, sounds like a solid system! Kudos

Close today's trade as follows..
Cad/Jpy........ -16 pips
Cad /Jpy........ + 1 pip

Eur / Cad........ + 56 pips
Eur / Cad........ ( still in progress ) moved to break even, Waiting for it to reach average daily range which is my TP.

naijababe:


Very nice, sounds like a solid system! Kudos

U r still my Oga.. i remain humble..
Thanks

natruetalk:

it 8pm
am looking forward 2 c hw dis trade will end. d trade reli teach me alot

feel relax. d cycle did it @ last

Sl moved to BE

micynute94:


U r still my Oga.. i remain humble..
Thanks

There is no Oga in this thing all, all of us just dey try ni

natruetalk:


it 8pm

am looking forward 2 c hw dis trade will end. d trade reli teach me alot

Confession time. Mr natruetalk in case you didn't know I read ur posts from page 0- page 50+... Its awkward and took me two days but it was interesting and I learnt a lot. Though am not trading currently but I trade psychologically on my mobile platform. Pls always be around. Its interesting when you and naijababe engulf the thread with alerts. Good evening sire.

natruetalk:

feel relax. d cycle did it @ last
Sl moved to BE

done for 2day

trade closed +175pips plus 32pips net 207pips

not a bad day

Now i see why everybody has finally diverted to Oil, i made almost 700pips in just one day. Oga Natruetalk and Ma'am Naijababe, dearis Goduooooo, u ppl fail to tell us this thing all this while, all the same i don enter the train, let the pips flow......."FX IS SWEET"

Owliver:
Confession time. Mr natruetalk in case you didn't know I read ur posts from page 0- page 50+... Its awkward and took me two days but it was interesting and I learnt a lot. Though am not trading currently but I trade psychologically on my mobile platform. Pls always be around. Its interesting when you and naijababe engulf the thread with alerts. Good evening sire.

thank for d confession

what do u mean u trade psychologically? na index or commodity

natruetalk:


thank for d confession

what do u mean u trade psychologically? na index or commodity

hahaha. Your style of trading works on currency very well. I check my charts always and predict the market without trading it live and I do pretty good. Am still in recession but still got my obsession for the game. am always watching.

bought ECAD @1.4248 SL@1.4231 tp@ Open for now also sold GJ @186.10 SL@186.26 TP@Open
Lets see how it goes

micynute94:
Close today's trade as follows..
Cad/Jpy........ -16 pips
Cad /Jpy........ + 1 pip

Eur / Cad........ + 56 pips
Eur / Cad........ ( still in progress ) moved to break even, Waiting for it to reach average daily range which is my TP.

Closed the last trade E/C sell at 54 pips....
Reason... market is ranging and cad/jpy has reversed from its uptrend to downtrend at d moment... They r negatively correlated.. quite strong.

natruetalk:


done for 2day

trade closed +175pips plus 32pips net 207pips

not a bad day

chai : i miss today trade

Great job guys, you seem to be doing good. Honestly, I've been considering quitting Forex. I hope this thread helps.

The risk is worth trying, bought Oil at the market price, though with low risk and still waiting for a defined direction on Gold

adeyinkabasir:
bought ECAD @1.4248 SL@1.4231 tp@ Open for now also sold GJ @186.10 SL@186.26 TP@Open
Lets see how it goes

mmmmm........stopped out

Are we there yet?

Over 250 pips and counting.

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and start using this mind blowing platform today....

My trading plan is to place stoploss at 187.00 and target 194.00 for GJ. Not too sure of trading until January.


Kirinwa@hotmail.com

Sell NZDUSD now at 0.7777. take profit=50pips. stoploss=50pips