Redsox11's Posts

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Business › Re: Forex Trade Alerts Season 17 by redsox11: 12:40am On Dec 08, 2017

Price is in your defined buy hemisphere and you have defined it as bullish = profitable (a higher chance of being profitable, here is your edge)

Price is in your defined buy hemisphere and you have defined it as bearish = unprofitable (a higher chance of being unprofitable)
Price is in your defined buy hemisphere and you have defined it as neutral = unprofitable (a higher chance of being unprofitable)

Price is in your defined sell hemisphere and you have defined it as bearish = profitable (a higher chance of being profitable, here is your edge)

Price is in your defined sell hemisphere and you have defined it as bullish = unprofitable (a higher chance of being unprofitable)
Price is in your defined sell hemisphere and you have defined it as neutral = unprofitable (a higher chance of being unprofitable)

Think...

Business › Re: Forex Trade Alerts Season 17 by redsox11: 1:16am On Dec 07, 2017

Sorry guys. Flooding NL.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 1:14am On Dec 07, 2017

Usd/Cad, got the breakeven in place.

Business › Re: Learn Forex Trading (absolutely Free) by redsox11(op): 11:34pm On Dec 06, 2017

dowjones:
Ok. I sent you an email though. Don't know if that works

That's good then, I don't remember the password to the email though as it's not my personal email address.

Ok, I'll do a recovery to get it. I'll write you there.

Cheers.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 11:25pm On Dec 06, 2017

10ema across different time-frame. I can see at a glance if price is above or below it across the TF.

Who's playing G/Chf breakout?

Business › Re: Learn Forex Trading (absolutely Free) by redsox11(op): 1:25pm On Dec 06, 2017

dowjones:
@redsox11
Can you reach me on Whatsapp.

I'll this weekend.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 1:18pm On Dec 06, 2017

PIPnator , incredibleace you caught this ??

Business › Re: Forex Trade Alerts Season 17 by redsox11: 12:17pm On Dec 06, 2017

Enough preaching... you guys are eating all the pips alone here, post your charts, there is love in sharing oh grin

A lot of red news this week, anybody trading news here??

Business › Re: Forex Trade Alerts Season 17 by redsox11: 11:59am On Dec 06, 2017

U/Cad

Business › Re: Forex Trade Alerts Season 17 by redsox11: 11:35am On Dec 06, 2017*

My take on indicators is do what works for you, something that can make you money. If it's indicator fine, if it's naked chart, fine too.

I use 1 or 2 indicators sometimes, BUT they don't tell me when to buy or sell, PRICE itself tell me when to buy or not. I like to look at price in 3D/ 360 ⁰ not in 2D.

That's why I don't say I have a System, I have a Strategy/Methodology, pretty robust, so I can trade when it's trending or when it's ranging. A lot of different ways to skin the cat.

Cul4real:
Any swing trader in the house?

A lot here.

redsox11:
In E/J BUY, some sell pressure coming tho.

....

redsox11:

Bailed out -15 on E/J , I'll post chart later.

Guys let's keep it coming here.

letuak:
Nice charts - naked trading : Buy surge & Sell surge

I'm not sure I follow

If you mean ( Buy in surge 'down' & Sell surge 'up' )

1 Like

Business › Re: Forex Trade Alerts Season 17 by redsox11: 5:23am On Dec 06, 2017

Not liking the tiny tiny candles, might set the u/c to breakeven and forget about it. U/J dropped a little.
Bailed out -15 on E/J , I'll post chart later.

I've been posting too little too much lately

Guys let's keep it coming here.

2 Likes

Business › Re: Forex Trade Alerts Season 17 by redsox11: 10:06pm On Dec 05, 2017

In U/J, entry should be up in those pins but missed it, but entered still... Closing my limit on G/J , didn't come back up to take me in.

1 Like

Business › Re: Learn Forex Trading (absolutely Free) by redsox11(op): 6:41pm On Dec 05, 2017

Daily achievement of x3 20 pip take profit with no regards to any losses but cannot have more than one position open at a time.

If you enter and the market takes your -20 stop loss you still need to get x3 20 pip take profit.

This simple exercise will help you turn into a trader and you will be amazed at the related discoveries along the way. Sincerely.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 6:36pm On Dec 05, 2017

High-Intensity Intermittent Exercise... Some body weight exercise, to kip bodi and soul together grin

Phew !!

Business › Re: Forex Trade Alerts Season 17 by redsox11: 6:05pm On Dec 05, 2017

In E/J, some sell pressure coming.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 6:04pm On Dec 05, 2017

Who caught G/Chf ??

PIPnator:
EURUSD looks like a buy, anyone else thinks so?

Was waiting for 2nd leg to the low but didn't happen before the move up.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 12:09pm On Dec 05, 2017

Missed some sitters on Monday morning . Got a limit on E/J , I need to see fast move down , preferably spike down to pick me up))
I'm out if it goes into ranging before picking me up.

Business › Re: Learn Forex Trading (absolutely Free) by redsox11(op): 3:34pm On Dec 04, 2017

The goal... I want you to achieve x3 20 pip take profits before quitting for the day.
What does this exercise accomplish? you'll become effective trading machine.

Currently this is you,

Market -> Indicators -> Your thoughts -> Your action

After this training,

Market -> Your action

After 6months of this exercise, your subconscious decisions will enter the market for you to the second of market movements.

You will have amazing clarity in market sentiments, and can hear/out think what the other traders are anticipating. Most of the time you do not require a hard stop loss cause you can judge very soon after entry whether its going to work out or not.

With this amount of skill any sensible method becomes deadly and you will listen to your inner voice than what you see on s/r lines, trendlines. Price action becomes slow motion in your interpretation.

-Graeme

5 Likes

Business › Re: Learn Forex Trading (absolutely Free) by redsox11(op): 3:29pm On Dec 04, 2017

Some good stuff;

Open a demo account with 1000USD. You can watch the market anytime that suits your trading.
Only one rule, enter only sell if the price is below the daily open or enter only buy if the price is above the daily open (of Asian or London).

Stick to this rule. Enter with 20 pip take profit including spread and 20 pip hard stop loss from entry. You cannot close the position unless you take 20 pip profit or you lose 20 pip loss. Also you cannot overlap your positions. Only one position open at a time.

If the price was higher than open but later went below open then you would only enter sell. No entry methods to be used. Just enter blindly but only buy if higher than open price or sell if lower than open price. If you blow your demo account open another one at same 1000USD.

I want you to achieve x3 20 pip take profits before quitting for the day. You failed if you couldn’t achieve x3 20 pip take profits for the day. Do this everyday without fail. After 6months you will be a completely different trader.

What does this exercise accomplish? It conditions you to be an effective trading machine. You will connect with the market on subconscious levels. You will be able to see, hear and smell the market. You will have different look in your eyes. Your trading decision are now almost reflex actions.

5 Likes

Business › Re: Learn Forex Trading (absolutely Free) by redsox11(op): 3:22pm On Dec 04, 2017

I'll talk about Area of interest later. I don't want to give it away easily lol but I will.

But first...

2 Likes

Business › Re: Forex Trade Alerts Season 17 by redsox11: 3:17pm On Dec 04, 2017

My internet got disconnected, thought my router "I don off and on am tire , story of my life" is the problem till I called the company, no money in my account lol. Told them to connect me back until I pay tomorrow.

wamiikechukwu:
redsox11... What i mean is that there is always an arrow drawn on your closed and open trade. What EA/indicator or script is that

Mt4 ... Drag and drop your history onto your chart, it will draw entry and close on the chart automatically.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 4:53pm On Dec 01, 2017

Another pair. Same set up.... To be fair, wasn't looking at this at all though yesterday.
I don't want to be all talk, anybody can post "see what I missed". I'll try post some in real time next week as I take them.

Ps: Idea behind it, I look at daily and see how far out it has move. It's like a spring, sooner or later, it's going to snap back to mean.

Price travel far out, it always snap back to mean, it's dangerous if you don't know what you are doing as it's against the trend as at when I'm taking the trades.

Example, if you use bollinger band ( I don't use it), price always come back to middle of the band (which is the mean)

Business › Re: Forex Trade Alerts Season 17 by redsox11: 4:26pm On Dec 01, 2017*

Was stalking this yesterday before I fell asleep and missed the trade.

Woulda enter first yellow line where there is red arrow down, and would have hit my SL. I'll re-enter again at the 2nd yellow line.

It's all repeat and rinse for me now. Just look for same formation and enter. Lose some, win more and advantage of having R:R on my side.

Ps: Similar formation to what I posted last time.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 4:19pm On Dec 01, 2017*

currentprice:
see how the candle closed how u seen such long candle over 2days? no

it can show now since it has break the back of the previous breakout candle to claim new breakout candle

There's a lot of room to bank your profit or protect some. Good one.

incredibleace:
who bought cad

Did you get in that drop?

wamiikechukwu:
What tool do you use to open or close your trade.

Market order, Pending order and trade manager to manage my trades.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 12:21pm On Nov 30, 2017

Took me out @Breakeven

Business › Re: Forex Trade Alerts Season 17 by redsox11: 11:14am On Nov 30, 2017

1hr and 4hr view.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 10:27pm On Nov 29, 2017

currentprice:
as my policy on MM. if trade fail to move below breakout candle red arrow by market close. i use to close all my trade or reduce my exposure to the mkt.

that all.

I like your real time analysis and trade. Maybe we should all work towards something like this , except you're scalping and have limited time.

No after trade posting of chart. Can we all do this though? Even if it's demo.

What do you guys think?

1 Like 1 Share

Business › Re: Forex Trade Alerts Season 17 by redsox11: 9:34pm On Nov 28, 2017

That's how you pick top, by sending in a good scout trade. E/C daily looks like it's going to close a pin bar. Risk 20pips, I'll take anything from +80pips upward or bounce back and take me out at breakeven.

1hour and daily chart.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 4:53pm On Nov 28, 2017

I like G/Chf for sell, but the damn thing been ranging for 3weeks on 4hours chart. Sitting on my hands.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 4:47pm On Nov 28, 2017*

Selling in uptrend, I need it to break the strong mini support so I could set to breakeven.
Struggling there for over 2hours now lol . SL 20 pips, no take target yet.

Update.. Breakeven free trade.

Business › Re: Forex Trade Alerts Season 17 by redsox11: 2:00am On Nov 25, 2017

If SL is too wide for you , move on to another trade or reduce your risk. I prefer entry with tight SL.
I'm always thinking about what I can afford to lose first and foremost

Business › Re: Forex Trade Alerts Season 17 by redsox11: 1:18am On Nov 25, 2017

hegelian:
this pair suffered me this month...i have lost a combined 350pips spread accross 6 trades on this pair this month...its a very rewarding pair but this month is just something else, it will give 100pips rverse and hit stoploss.....so bros you are not alone

Thanks for the encouragement, I been dey think say na only me the G/J dey show pepper oh.

incredibleace:
same here took some hits in the last two Weeks

It happens. That's why I like good R:R, so I don't have to be perfect to still be profitable.

bigbasho:
Been here and there bro. Watching the drama from behind. I thought to hit you up soon to ask few questions. I am studying that CJ's method alongside Steve Mauro's course. Keep the good work going. More pips fall on you.

I've heard about Steve Mauro but I've not seen or read any. I heard he's got some good stuff but very expensive course to purchase.

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