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The Psychological System
Started Jul 11, 2007|Trading Systems|2 replies
Here is my experiment with psychological numbers. I will try to keep the system simple and ...
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HowManyPips replied Jun 8, 2007Well, I can honestly say I thought that daily pinbar was going to be something nice. Now my account is once again in jeopardy of a margin call. Over-leveraged with no stops = bad idea. All it takes is one big move against you and your in the ...
My Journey to a $1,000,000
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HowManyPips replied Jun 7, 2007Pin Bar Gold — I already posted it in the James 16 Chart Thread but I thought I'd also share it in my journal as well - a few reasons I think gold is looking good for the longs. Of course I could be completely off my rocker but I think my ...
My Journey to a $1,000,000
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HowManyPips replied Jun 7, 2007Well, my first post on the excellent James16 chart thread and at the risk of looking foolish I'm going to post a predictive chart (aren't all of them anyways?) Looking long on gold IMO. Comments welcome. image
james16 Chart Thread
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HowManyPips replied Jun 6, 2007Alright, I closed all my EUR trades yesterday. A majority of them that were in profit were closed at 1.3492, the rest that were not in profit at the time I closed the other ones and went to sleep hit my TP point early this morning at 1.3545. I may ...
My Journey to a $1,000,000
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HowManyPips replied Jun 2, 2007Weekend wrap-up — What a difference a day makes. A majority of our gold longs have finally paid off. I have exited most of my gold longs for roughly $60 profit at 668.95 which were approximately 9 positions ranging from 664 down to 656. I will ...
My Journey to a $1,000,000
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HowManyPips replied May 29, 2007Thanks Dexis for the informative article. Well, it's been about 2 weeks and is almost a new month and I am still holding all my positions. I've also been working on a new system that will be based mainly on psychological levels (plus minor techincal ...
My Journey to a $1,000,000
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HowManyPips replied May 24, 2007Well, for anyone who's wondering, I am still long all those positions and a few more. Gold: Long 1 unit a piece @: -686.85 (2 units) -673.70 -667.90 -667.60 -666.50 -663.94 - late entry, but per rules of the system for playing the break of the 2am ...
My Journey to a $1,000,000
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HowManyPips replied May 19, 2007A weekly wrap-up — Well, if you followed my call on gold (a buy recco at 658) which I couldn't even do because I'm just trying to free up margin at this point, you wouldn't be doing too bad going into the weekend. Here is in all honesty each ...
My Journey to a $1,000,000
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HowManyPips replied May 15, 2007Closed Trades for the third week of May — This was one of the latest signals given from FX Insights (they also gave another signal at a lower price later on if anyone is keeping tabs on them) which tested the patience of many people but today ...
My Journey to a $1,000,000
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HowManyPips replied May 15, 2007Thoughts on Gold for the Week 4-14 to 4-18 — image You'd think being in the midst of summer with skyrocketing gas prices the price of gold would actually be going up, but it continues it's descent. How far will it fall? Here's what I see ...
My Journey to a $1,000,000
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HowManyPips replied May 12, 2007Interesting strategy Zalak. It looks like you manage your risk very well. I hope you accomplish your goals and I will keep an eye on your thread in the future.
My Journey to a $1,000,000
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HowManyPips replied May 12, 2007It is realistic in a sense that my account size is so small right now that I've actually come to a point where I don't mind the higher risk involved. Making $21 or losing $21 in a week wouldn't be that big of a deal to me either way. As the account ...
My Journey to a $1,000,000
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HowManyPips replied May 12, 2007Update*** — Alright, after some introspection and self-analysis I've come to the conclusion that it would be more beneficial to myself and the community to just admit I blew the tiny $300 account on IBFX (200:1 leverage) in a little over 4 ...
My Journey to a $1,000,000
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HowManyPips replied Mar 20, 2007The journey is most definately not over. But after some disappointing trades and a string of losses I have re-developed my system to a simpler approach with higher leverege, and am going to spend much less time posting trade results. Posting trade ...
My Journey to a $1,000,000
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HowManyPips replied Mar 16, 2007My Journey Cont. - Trade #25 & #26 — This is going to be a loong journey... This is what happens when you get lazy and lose focus... DATE PAIR TRADE RESULT PIPS PERCENTAGE 3/16/2007 GBP/JPY SELL 226.59 STOPPED OUT -81 -11.5% 3/16/2007 ...
My Journey to a $1,000,000
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HowManyPips replied Mar 15, 2007My Journey Cont. - Trade #22, #23 & #24 — Date Pair Trade Result Pips Percentage 3/15/2007 GBP/JPY Sell 226.54 Closed -28 -3.3% 3/15/2007 USD/CHF Buy 121.90 Closed 0 or Breakeven 3/15/2007 GBP/JPY Buy 226.81 Closed +26 +3.8% The numbering ...
My Journey to a $1,000,000