Trading is as similar as nailing an enthusiastic woman or women...
If one cannot hold it?
Capish?
If one cannot hold it?
Capish?
Jonny Hatinga. IQ 69.
- Joined Dec 2015 | Status: Bang_OO_Mangos | 3,058 Posts
Lets start from somewhere. This is for those who like to make few cents on sells versus few buy dollars in an uptrend.
Gold had accumulated heavy buy pressure during the last 5-6 hours. Not visible on the chart though. Looks more like a small range. But this is the zone where the direction gets decided.
Today, the time spent on sell dominance is just minutes, compared to the time spent on buy dominance (over 5 hours so far). Time seems to matter a lot.
Try to enter with low buy(s) for the day. Lowest lows would be ideal. It seems 1435/7 will be penetrated. When? I dont know. It is a buy trend and it should not take long.
edit: Enter with very small lots. The idea is to build up a buy basket. 1-2 trades a day max. Lower buys will make the eventual draw-down smaller. Since we are in an uptrend, the draw-down wont last long.
Gold had accumulated heavy buy pressure during the last 5-6 hours. Not visible on the chart though. Looks more like a small range. But this is the zone where the direction gets decided.
Today, the time spent on sell dominance is just minutes, compared to the time spent on buy dominance (over 5 hours so far). Time seems to matter a lot.
Try to enter with low buy(s) for the day. Lowest lows would be ideal. It seems 1435/7 will be penetrated. When? I dont know. It is a buy trend and it should not take long.
edit: Enter with very small lots. The idea is to build up a buy basket. 1-2 trades a day max. Lower buys will make the eventual draw-down smaller. Since we are in an uptrend, the draw-down wont last long.
Jonny Hatinga. IQ 69.
If you have faith in our leaders of commerce, don't buy gold.
Competition: cassowary Profit This Week:
na
- Joined Dec 2015 | Status: Member | 1,495 Posts
Do more of that which succeeds and less of that which does not - Dennis Gar
- Joined Dec 2015 | Status: Bang_OO_Mangos | 3,058 Posts
Today we had a TIME flip from a buy at 1398.60 to a sell at 1418.72. +200 pips for the buy vs... lets see how many pips the time flip will give to the sell?
Time is the second most important factor. It comes immediately after the buy/sell pair’s balance. There are no more factors beyond those two.
Believe it or not, but the buy dominance was announced at the 2nd half of 4 July. Despite of the time sell, today is still dominated by the buys... 5+ biz days in a row of a total buy dominance.
Time is the second most important factor. It comes immediately after the buy/sell pair’s balance. There are no more factors beyond those two.
Believe it or not, but the buy dominance was announced at the 2nd half of 4 July. Despite of the time sell, today is still dominated by the buys... 5+ biz days in a row of a total buy dominance.
Jonny Hatinga. IQ 69.
- Joined Sep 2017 | Status: Still a total mystery | 3,575 Posts
{quote} The thing is, all strategies do work. But traders were brainwashed with some stupid RR ratios. This is ridiculous. And they fail. Always. And it does make sense to fail. They have been chopped by the up to 50/60 pips SL chopping machine. Nothing can survive it, in a long run. But when they hold it?
I have a strong feeling for people I believe... and I sense that you are a very funny guy although you try as f... to be serious I think you know what you I'm talking aboutHowever I strongly agree with this RR brainwash thesis of yours.. I tried to explain to many traders many times about the probability of such R:R 1:1...
They seem to be lost in the forest or so to speak.. seeing trees but not the forest.. They are happily to lose "ONLY" not more than certain amount, ussualy far bellow the expected TP.... at 1:1 it is an alarm for them.. So with that being said, they are limiting themselves quite a trades.... In fact... If this TP:SL 1:1 would really be working... as I am explaining in one of my threads on FF.... AND not for very long, just some 10-20trades, although in a row... (yeah I know you hate that
... we would have so many billies.... or even the first trilly Still not quite sure what are you trying to contribute to people with this thread, aside of this valuable (limitless/fearless) R:R lessons...
To hold the position or trade certain direction with the help of D1? Tnx
Can you afford to take that chance?
CHEETAH LIVE TE Return This Year:
na
- Joined Sep 2017 | Status: Still a total mystery | 3,575 Posts
{quote} This will be a very long journey. I just got back from a holiday and next week will fly to Japan for 3.5 weeks. I hope to run some live setups, to demonstrate how it is done. Catching some 300 to 600 pips on a single trade and having like 10-20-30+ similar trades in the portfolio, will definitely change the way people see things and will make them think, at least, how they can adapt their trading style in a similar way? My ultimate goal is to show them how to catch the 2020 trend. With a delta of 2000 pips and an average 1,000 per trade....
Should you need any USD side expertise.. as I have dedicated great portion of my... to it... let me know, here... The shorter the timeframe, sooner can you see if it works... Hope you can get/verify out out of this... My price prediction of 10+years predicts... although it might see laugh(s) or counter-intuitive atm... stronger USD by the day, for the next 3months or so.... In particular deflating eurusd, slowly ( i hope, predict).... you can derive GOLD (prices) out of it also.. if it helps...
But we seem to (already) agree on the glorified RR ratio being bullshit
I also surfed trends in the past, quite successfully so... just glad I knew the power of "burners" that you seem to hate aka rags to riches or my tp20 sl20 thread.... yeah (I) could not do it with SL20 for long ((for) now), but still... do not underestimate the power of burners... I got factor x22 out of it in the past.. real account, withdrawn without problems... and that with 50:1 leverage... and some massive underharvested trades.... due to fixed TP...ok diz it man, talk/type to you when u're back from JP or something... I think you are (one of) my (favourite) type of guy(s)
You know what I mean by that, out of the box, nutcase (out of the box - far beyond) addict mind IN A POSITIVE WAY!... just channeled to something glorious... Amarite That is the price you have to pay to find something much beyond/out of the box... This is why some of the most clever people in other, more institutionalised areas... fail at fx miserably... they just can not crack the matrixOnly two types of speeds... STALL/OFF or FULL-POWER-BURN (THRUST
for real magic as you describe...Hope Im right, talk to you soon, I hope.
Can you afford to take that chance?
CHEETAH LIVE TE Return This Year:
na
- Joined Sep 2017 | Status: Still a total mystery | 3,575 Posts
{quote} Well, i hate the r2r idea they way it is presented here. Otherwise I DO LOVE THE IDEA. How about anyone has the qualities to do r2r? Maybe, not to a million. But 500 to 10k. 10-12 weeks out of 52 does that? Hmmm that is interesting. One can get down to once a month? 2 months guaranteed. 500->10,000. 2 blown ups. 8 are over the water line. Do it with ma crosses, if you like? No worries. {quote} Exactly. The trade and the money management is totally different, however. It is for everyone, unlike r2r.
Can you afford to take that chance?
CHEETAH LIVE TE Return This Year:
na
- Joined Jun 2019 | Status: Member | 259 Posts
Guys something weird has been happening on my trades since Monday and do not know what causes that. I have placed my SELLS ON FOUR PAIRS AND WHEN THE PRICE WENT DOWN(DROPPED) there on the profit/loss column it shows negative instead of being in profit, why is it doing this, is this normal in the other way round?
GOLD All Time Return:
113.2%
- Joined Dec 2015 | Status: Bang_OO_Mangos | 3,058 Posts
{quote} Totally get you! I personally believe that true r2r (with massive return) could be done (almost) only with one of the following: some sort of FIX (insides, technical advantage or manipulation) on the game, being wizard or yeah... getting divine/stat (anomaly/fluke/glitch) luck aka (serial) lottery winner
Jonny Hatinga. IQ 69.
