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SeekingLight replied Nov 6, 2006Hi Tomhen, yes, it's based on what you can find on the public thread as well as the additional information on the private forum and a lot of my own opinion. I wouldn't hold the poor James16 folks responsible for my blunders, but yes, James16s price ...
outlook for price action
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SeekingLight replied Nov 5, 2006Hi, my 2 cents... How to become emotionless? Stop caring. Realize it is not "about you". The world could not care less about you as an individual. Once you stop caring whether you win or lose, but instead "worry" about whether you are following all ...
How to Become Emotionless
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SeekingLight replied Nov 5, 2006Hi! Without wanting to say something stupid, but isn't having almost all trade outlooks being 1:1 or even lower than 1.0 risk/reward a bit dangerous? Just saying, at 50% wins a 1:1 pips outlook means break even, and you need to tilt one of either ...
Weekly Trading With Nip And Ropes
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SeekingLight replied Nov 5, 2006Analysis for the week of November 6th-10th, 2006. — Analysis for the week of November 6th-10th, 2006. ---------------------------- EURUSD Monthly: Bullish pin bar, uneven eyes, but implies the move below 1.2630 was rejected in favor of a ...
outlook for price action
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SeekingLight replied Nov 5, 2006Edit: removed my post myself due to hijack accusations after a SINGLE post, just because I didn't want to copy and paste what I had already written and linking to a neighboring thread instead. So much for welcoming a diversity of opinions.
GBPUSD
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SeekingLight replied Nov 2, 2006Hi Scott. I like the cycle idea and also the fact you use fourriers. Please don't be discouraged by the image restrictions, the hyperlinks work fine as a compromise I find and I like the charts. My personal view is that on a monthly perspective the ...
K.I.S.S. Method
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SeekingLight replied Nov 2, 2006Some thoughts: I think the problem isn't having your profit target hit 9 times out of 10, the problem is the one time it fails becoming a few hundred pips and bigger or equal the sum of the previous 9 trades. You cannot outrun r/r. You WILL have to ...
Absolute Simplest KISS Method. Also, how do we measure risk reward?
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SeekingLight replied Nov 2, 2006Short from 1.9106 and 1.2774 EURUSD. Thank you James16 and price action trading. Forget the moon and the sun and the stars(except for when with a nice girl) and stick to what the chart says for trading
Best regards and good luck with your ...GBPUSD
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SeekingLight replied Nov 1, 2006Time is on my side — Back on the 20th I wrote here that I think USDCHF will descend down further and find support in the 1.2440-1.2385 area. Today we arrived here and it did. Took some trades on the way down, too. Not off of mouteki however, ...
Mouteki Trading
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SeekingLight replied Oct 27, 2006Perfect example today. 50 pips down, 120+ up. Thursday day one, Friday day two / double day, just like it is supposed to be. How much easier can it get? Live proof
Best regards, Seekinglight.The Cable double day / the two day "rule"
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SeekingLight replied Oct 26, 2006Hi! If you want my opinion: Looks like the 4h bearish outside bar (on my 4h, that's the pin on your 4h) turned into a daily pin here on my timezone. I'd wait for a retrace to about 1.1250 and go short there if you are convinced that it's a true pin ...
james16 Chart Thread
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SeekingLight replied Oct 26, 2006Thoughts --------- Weekend is approaching and I just wanted to perhaps give this thread a bit more prominence as I see people perpetually asking about the future on a daily basis. As I try to outline the whole week, I hope I can provide a good ...
outlook for price action
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SeekingLight replied Oct 26, 2006Ah so this is where it went *laughs* Well just to be clear, no offense meant to anyone by the title of my superb IDIOT system
Nor the indicator folks, lord knows they provide merry entertainment in the long FX hours. Like I wrote in my PPS, a ...daily range Strategy
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SeekingLight replied Oct 26, 2006Ah, oops, so I made a third clone. Well, it was worth it for the title
Anyway, goes to show that if you can come up with something, someone else prolly already did as well. Nevermind then, but hey, it's the thought that counts
At least I took ...daily range Strategy
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SeekingLight replied Oct 26, 2006The IDIOT system
(possibly monster profits on cable!!!!) — Disclaimer: This is a spontaneous idea and post. If you're crazy enough to actually put real money on anything that's written by some guy on a forum, at least 1. don't blame the guy ...daily range Strategy
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SeekingLight replied Oct 23, 2006Life could be a dream sweetheart — As long as your winning % is at least 50% and you have at least the same amount of pips that you take on wins that you have on losses you cannot lose according to simple mathematics. If you win more than 50% ...
Breakout Strategy - The Pro's Way
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SeekingLight replied Oct 23, 2006Missed the original breakout, got in short later on a 4h-Vegas-Tunnel method slope change. Just wanted to post a chart that shows an example of how you can trade wedges/triangles, because today had a really nice one that just completely went without ...
Breakout Strategy - The Pro's Way
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SeekingLight replied Oct 23, 2006Hey... I love seeing 20 posts going against someone who seems to be doing something absolutely ludicrous just to have him end up being 90+ pips correct
It's better than going to a comedy club!
(keeping in mind there's always a 50% of being ...USD/CHF
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SeekingLight replied Oct 23, 2006This comes a bit late as the situation seems to be either heading pro dollar already or at least correcting a bit, but since I wrote it I thought I might as well post it. Here's yesterdays attempt at an analysis. ----------------------- FXNOTES for ...
outlook for price action
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SeekingLight replied Oct 20, 2006I never said either it is a pure mouteki trade altho on dropping down to 4h it should line up with the lows
Was just trying to show that there are more than one ways to trade trendlines. Sorry if it was a bit off topic. I posted it here rather ...Mouteki Trading