- Search Metals Mine
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JR97 replied Aug 31, 2011I haven't been diligent updating the journal. I've got quite a bit to document and even made some vids. In the meantime, here's something I watch. It's a cycle on the dollar index. I've highlighted where the cycle picked up most of the turns.
Cycle Trading
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JR97 replied Aug 30, 2011haha, totally. I remember early on I used to trade mostly off of Daily and 4h charts. It wasn't a patience issue until i started really getting great results. And then I found myself constantly micro managing the trades down to the 5 min. charts and ...
how do you improve patience
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JR97 replied Aug 30, 2011Exactly. I made this mistake early on. I had been profitable for a while and was getting a lot of offers to trade other people's money. The first attempt was with an account larger than what I had been trading. The psychological impact of seeing ...
how do demo accounts differ from real live trading?
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JR97 replied Aug 30, 2011Some doooooozies: Went to move stops to break even or trail profits and typo'd them further away giving up profits or even taking a loss. Went to move stops to break even or trail profits and accidently closed the trade. Went to modify the current ...
Crazy/Stupid mistakes you committed during trading
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JR97 replied Aug 30, 2011I don't, but I could make one. I've got a 5 day weekend coming up. I'll see what I can do.
Gann Analysis
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JR97 replied Aug 30, 2011Something that would show if line 1 is at $1 and line 2 is at $4, the percentage shown would be 400%? Something like that?
Gann Analysis
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JR97 replied Aug 30, 2011I remember well. I totally forgot about the technique of basing the square on the lunar cycle. I'll have to dig that out again. I used to kill it with just that toy alone. btw, what broker are you using for equities? I've been thinking about opening ...
Aux's Asylum
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JR97 replied Aug 30, 2011It happens. I actually prefer getting stopped out than a trade that goes nowhere. Stopped out means I can re-asses. Price going nowhere usually leaves me stumped because there's nothing to re-asses and I hate not knowing whether to stay in or get ...
Planetary Cycles Trading (EUR/USD)
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JR97 replied Aug 30, 2011After the 4h square expired, I advanced the square from the beginning of the range to the end of the range. The 1x1 is the balance line and the profit target. The second chart shows the current situation. Price is almost there but also coming close ...
Gann Analysis
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JR97 replied Aug 29, 2011It's not something I've seen anywhere else. But if you subscribe to what Gann said, "Price and time are the same", then they need a common measurement. Otherwise its like measuring a box with inches on one side and centimeters on the other. You need ...
Gann Analysis
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JR97 replied Aug 29, 2011Close. I'm setting the square based on a range. It's actually something you came up with and I just expounded on it and found how to unify price-time into a single unit.
Gann Analysis
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JR97 replied Aug 29, 2011I mathematically unify price and time as a single and equal unit. So 1 unit of time doesn't equal 1 hr or 1 bar or whatever. I measure in units of price-time by setting time exactly equal to 1 unit of price which in this case shows a perfect ...
Gann Analysis
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JR97 replied Aug 26, 2011Ive only been trading shorts for about 3 weeks now. Some shorter than others. Like Daisy Duke short.

Planetary Cycles Trading (EUR/USD)
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JR97 replied Aug 25, 2011I used to have an EA built for Profitunity way back in the mt3 days. One thing people need to keep in mind is that what makes Profitunity potentially profitable is the adding on signals and pyramiding a position. As you've learned first hand, it's ...
Profitunity (Chaos) Trading System by Bill Williams
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JR97 replied Aug 24, 2011I'm not sure Murrey gets it right either. After years of study, experimentation, trading, winning, and losing, I've come to the conclusion that the standard way almost every piece of software, book, or indicator I've seen that deals with the square ...
Gann Analysis
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JR97 replied Aug 15, 2011I second that. I take screenshots of all of trades. The pre-trade plan, the entry or entry orders, add-ons, and exits. Best way to keep a journal, imho.
Where is the EDGE in trading? The most important thing in trading!