2 bad trades 1 good one in progress — 2 bad trades. gray and green highlights consolidation,, caught the break out and it is in progress.red highlight exit tgt r3 1.4775 could take all day. +33 pips (with the 2 bad trades total for day is -17 ...

High Probability

went long — long on what looked like a bounce of transform off 0 but trade stalled, retraced, so got out as first opportunity for +1 pip trade still stalled +5 pips for the day, the hard way...

High Probability

setting up? — setting up for a short?

High Probability

max and transform but no fisher — max crossed and transform crossed but fisher did not, tempted, but no trade CTA rules...

High Probability

that's what I am looking for — a cross of the 2 max's fisher cross of 0 and transform cross of zero... all in the same direction...... entry point In the direction of the trend (CTA rules) will worry about exits later let me get entries ...

High Probability

quick trade — 0 lines transform and fisher were crossed to coincide with the 2 maxes.. 200 ema not even considered... +4 pips...

High Probability

countertrend — I think what makes the difference for a cross being countertrend or not may be seen if there is a cross of 0 line by transform and fisher. just a cross of the 2 maxes is not enough to be able to say...

High Probability

pull back — if prices pullback to 200 and transform is above 0 would consider long entry

High Probability

this would be a countertrend trade — tempting, but no, I am in rehab, not even 1.. prices are below 200 ema trend is down short term NOTE: the template has been changed. 2 max's is not as efficient or easy to look at as using 1 max and heiken ...

High Probability

New day new thread new account — new $5000 demo. 1st trade was break even.

High Probability

counter trend trading — In an effort to curb my addiction to counter trend trading I am forming CTA Countertrend Traders Anonymous. Before any trade members of CTA should recite the 6 steps: 1. I admit that I cannot control my addiction to ...

High Probability

moving to Journals Forum — The thread is moving to the journals forum. If any of the blood sweat and tears on this forum has helped anyone I am very happy. best wishes, jiva34 The thread is called High Probability. Here is the link: url

Fisher

countertrend traders anonymous: CTA — I'm starting a new association to help with traders who have difficulty breaking their addiction to counter trend trading... It's a 6 step program. CTA 1. admitting that one cannot control one's addiction ...

Fisher

starting over again... — gonna leave this demo account with the super blooper in it running but open another demo. the new demo will be no different than a real account. I will try to build the value with good trades. Avoiding the dreaded ...

Fisher

this is why I need to stick with scalping — thank goodness this is a demo... in the direction of the trend. This whole mess started out by me trying to a trade against the trend. first I entered late on a counter trend trade, as if that wasn;t ...

Fisher

2 long 1 short — hedged position 2 long 1 short when the there is net profit close all positions. transform on 5m eventually crossed up 0 line..

Fisher

buy stop — instead of a stop loss, I placed a hedge order, to offset losses of the 1 lot short should there be a breakout to the upside before dipping to r1, the buy stop is for 2 lots in place of a stop loss.

Fisher

what's interesting — what's interesting is that although 1m transform has significantly crossed up the 0 line transform 5m is remaining just below 0 line... which is usually what happens in a retracement. so the short term trend is down? r1 ...

Fisher

1m 5m battling it out — transform crossed 0 upside 1m but transform 5m remains below 0 waiting game

Fisher

same question again — transform 1m crossing up 0? or transform 5m crossing down 0? r1 and 200 ema on 5 minutes are converging.. seems to indicate that prices will seek to meet them there...

Fisher