- Search Metals Mine
-
stewartr replied Apr 21, 2008Still waiting - I have seen a few B trades — Seems like the markets have different currents running through them. 4 hour trends daily trends and 1 hour trends are not in sync. So I continue to stay out for now.
StewartR - I want my trading to be boring.
-
stewartr replied Apr 21, 2008Bakuli - posts — Here's the screen shots
StewartR - I want my trading to be boring.
-
stewartr replied Apr 21, 2008Reply to Bakuli — Hi Bakuli, It was a B trade for me. (Probably a B+) - but not good enough for an A trade and I am only trading A trades for the next 20 trades. Here's what I saw: Daily - Uptrend no supporting stoch no supporing price action ...
StewartR - I want my trading to be boring.
-
stewartr replied Apr 21, 2008Somehting to think about — My general system works. But now that I am trading A trades only.....I am passing up heaps of trading opportunities. (I think I passed up about 5 earlier today). So rather than mess with a robust system, I will start ...
StewartR - I want my trading to be boring.
-
stewartr replied Apr 21, 2008Qui Gon — Hi Qui Gon, 1. I trade all pairs that my broker IBFX offers. But something I will have to look at is correlation. It seems that do get entries at the same time on different pairs. But I also get many entries at different times ...
StewartR - I want my trading to be boring.
-
stewartr replied Apr 21, 2008Andy-wpo — Hi Andy_wpo, Thanks for visiting. I am certain my system is robust. I am also certain that the financial results will be better if I take out all the B trades (even though a B trade still has a positive expectancy).
StewartR - I want my trading to be boring.
-
stewartr replied Apr 21, 2008A trades — Hi everyone, I"ve been watching the markets every 4 hours. No A trades yet. So no action. I keep waiting. Did some backtesting from October to March. "A" trades showed 32 wins and 2 losses. Only tested 3 pairs. More testing yet to ...
StewartR - I want my trading to be boring.
-
stewartr replied Apr 21, 2008Qui Gon and Andy — Hi guys, I've been out all day. I'll reply later today.
StewartR - I want my trading to be boring.
-
stewartr replied Apr 18, 2008Elliottwave count — Hi Ocean, Great count! (I was always confused by how many alternate counts were possible and never found Elliottwave counts to be helpful in placing trades.) But great count!
Jacko's Forex House of Pleasure and Pain
-
stewartr replied Apr 18, 2008FX trader: yes-full time — Hi FX, Thanks again for stopping in. I am morphing from someone who takes trades, into being a trader. My attitudes and 'thinking' are developing well. Yes I am a ful time trader now. I gave up my day job. I have no ...
StewartR - I want my trading to be boring.
-
stewartr replied Apr 18, 2008Trading mentor — A few years ago I spent 4 days with a full time S&P trader. He was in his 70s and has traded every day for 40 years (on the floor for decades). He took us through his system and showed us what he did. He used classic ...
StewartR - I want my trading to be boring.
-
stewartr replied Apr 17, 2008Anatomy of an A trade: — All A and B trades met the following criteria: 1. 21>55>89 ema on the 4 hour chart and 2. Stoch was at extreme on 4 hour chart and 3. Price action (pin bar or outside bar) on 4 hour chart. EVERY A and B trade had the 4 ...
StewartR - I want my trading to be boring.
-
stewartr replied Apr 17, 2008Round 3 - A trades only — I am really learning here. I see that trading is about discipline. Don't take a trade because it looks good. Take a trade because it screams "take me!". Only trade the best setups. Reviewing my last 39 trades I see ...
StewartR - I want my trading to be boring.
-
stewartr replied Apr 17, 2008Analysis of first 39 trades — Analysis of the last 39 trades showed "A" quality trades with 12wins 2 losses. A+B quality trades resulted in 20wins and 5 losses. C trades (where I jumped the gun) produced 3w and 7losses I will start a "ROUND 3" ...
StewartR - I want my trading to be boring.
-
stewartr replied Apr 16, 2008woulda coulda shoulda - show a lack of faith in your system — ....woulda coulda shoulda - just show a lack of faith in your system. If you have woulda/coulda/shoulda in your vocabulary, then you need to do more back/forward testing. ...
StewartR - I want my trading to be boring.
-
stewartr replied Apr 16, 2008Round 2 trade 19 - 1R win usdchf — USDCHF. What did I do well: I let the trade run to its target point. After three losses in a row I was feeling like I wanted to take profit before the trade reached its target. But this system works because ...
StewartR - I want my trading to be boring.
-
stewartr replied Apr 16, 2008Round 2 trade 18 - 1R win eurusd — 1R win. What I did well: followed the rules. Clear uptrend. (Both daily and 4 hr which is a bonus when they are both going for it). Clear pull back (stoch). Good price action (hammer, pin bar, indecision ...
StewartR - I want my trading to be boring.
-
stewartr replied Apr 16, 2008audcad 1R loss (posting chart) — Same as the other two cad orders. You can see I still have a buy stop in place to get back in. What did I do well? Trend - yes. Pull back - yes. Price action......definitely not the best. This was a B trade ...
StewartR - I want my trading to be boring.
-
stewartr replied Apr 16, 2008eurcad - posting chart of the 1R loss — Eurocad. Entered on a break of the 2 bars that looked like pin bars. Stopped on the last big red candle. I have a pending order to get back in as the signal remains. What I did well: Again - I took the ...
StewartR - I want my trading to be boring.
-
stewartr replied Apr 16, 2008usd cad chart — this was one of the losses I posted a few posts back. The 4 hour set up was solid: trend (21>55>89), pull back (stoch at extremes) and trigger (bullish outside bar). What I did well: I took the trade. Trading is about ...
StewartR - I want my trading to be boring.