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- pete.alfa replied Nov 7, 2009
trade 6-11-09 EU PL +7.95pips UJ PL +621.54pips Due to lucky I got caught during news annoucement. This was not the way I should close before news announcement I was lucky enough it went to my way if it went opposite I would lose a lot of money. ...
pete.alfa journal
- pete.alfa replied Nov 6, 2009
Hi Guys, I forgot the news announcement half an hour ago, 3K all went madly down???
. I was lucky enough to catch down movement while I was doing very big rescue operation. But that was not the right way to trade I should close the trade b4 ...Technical Analysis Fallacy
- pete.alfa replied Nov 4, 2009
Thanks Fti, I like this motto
no skews is hard ball game.no nimbleness is trading hope. no dance is bias trading. Best regards,Technical Analysis Fallacy
- pete.alfa replied Nov 3, 2009
Hi Pax,
Thanks Pax to look at my journal & comment. i think rescuing on these levels is risky and how higher the TF the higher the risk. imho. this is because rescuing is a one way action and anything can happen. these could be the levels where ...pax journal
- pete.alfa replied Nov 3, 2009
3-11-09 EU PL +22 pips relaxed but have to quited early bos time was up if not I might gain more pips. LESSON: 1. using trending for at least 30pips with entry HH & HL 2. using TTE with 12ema(confirm) for adding position.
pete.alfa journal
- pete.alfa replied Oct 31, 2009
Hi Paul,
like your trading style
& the way you've explained in the charts(very clear). I have some question about SL I have seen you do not follow SL 20 rule from the first page of the thread. Do you mind explain more about your SL ...The System II (Yes with irony)
- pete.alfa replied Oct 31, 2009
Hi My03marahaba,
What TF are you using? I've seen you are using 4hrs Thanks Have a good weekendLaw Of Chart
- pete.alfa replied Oct 31, 2009
Great
I'm in too have a good weekend to allTAF Based Trade Discussions
- pete.alfa replied Oct 31, 2009
Trade 30-10-09 EU Short P/L +48pips 1. long 2 lot +4pips 2. short 1 lot +3pips 3. short 1 lot then the trend turned against me then I had to rescue which was sucessful. LESSON: 1.Entry should be done at S/R level 2. Rescue should be done at S/R ...
pete.alfa journal
- pete.alfa replied Oct 30, 2009
Wow,
Not even we have great traders here but also good fine DJs too
. I havn't heard those songs for so long. Remind me of my old days. Thanks they were great. I'm singing in the rain Rainy days & mondays somewhere over the rainbow rains ...Technical Analysis Fallacy
- pete.alfa replied Oct 28, 2009
Thanks Fti for beautiful music & foto I'm still Teresa Teng Fan
. I feel sometime missing her songs cheers,Technical Analysis Fallacy
- pete.alfa replied Oct 28, 2009
Look at daily for 123 & RH Trend line & price pattern for picking side entry — my new idea have just come out NOTE:- TO CHOOSE SIDE ENTRY LONG OR SHORT 1. USING DAILY TIME FRAME FOR 123 & RH PATTERN TO CHOOSE SIDE FOR ENTRY? 2. DAILY ...
pete.alfa journal
- pete.alfa replied Oct 27, 2009
EU 27-10-09 LOST 15pips too tried LESSON: 1. No more TTE entry unless the beginning of the wave.(as guide 30piss) 2. Always consider pattern - The EU was bear flag but I didn't take into account. so I took long instead of short. as you can see in ...
pete.alfa journal
- pete.alfa replied Oct 27, 2009
Hi Maheswara,. Thanks foryour comment. Now I'm thinking going to increase 3-5 hrs instead of 2-4hrs but sometime I feel tried so I finish early (or may be want to relax
watching TV) Nowaday I'm very much more confident to do the rescue operation. ...Technical Analysis Fallacy
- pete.alfa replied Oct 27, 2009
my problem is especialy, no time for zooming out to 15min TF. Hi Pax, you can set your 5m & 15m chart TF sizes to fit both charts in your screen so you can manage to look at 5m&15m chart at the same time just for 1 or 2 clicks but ofcos the charts ...
Technical Analysis Fallacy
- pete.alfa replied Oct 27, 2009
Hi Maheswara,
Yes I did give up the rescue
because I need to take a brake - too tired may be I'm getting old & also it was only 15pips I might get even or get worst so I decided to stop & take a brake Working full time 12hrs/day 4days a ...Technical Analysis Fallacy
- pete.alfa replied Oct 27, 2009
Hi Pax,
How are you? I've just come across your situation recently I found out Rescue could be done at s/r level. you can see clearly where the prices stall at that level many times then you start to rescue at that level. My rescue is:- 1st rescue ...Technical Analysis Fallacy