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"AUSSI" my thread and anything I want to put here

  • #2,581
  • Nov 26, 2019 9:55am Nov 26, 2019 9:55am
Today's demo efforts ...

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and ...

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  • #2,582
  • Nov 26, 2019 11:04am Nov 26, 2019 11:04am
Quoting digger1
Its all about the cash as aussi says ,, always ,, anything below a certain time frame does nothing but give one and idea of wht ya got to work with ,,, then its a matter of being in the right way when the powers tht be are doing their thing ,,, it would surprise most if they looked at a few old school patterns and got rid of the new age thoughts like the mkt must does this to do tht ,, ,,a mkt dont have to do shit ,,, and as far as trading ,,nothing has changed since the mkts came to be , but as it does its thing which is the same shit over and...
Great insights coming from you as always! How you view the market is what a trader must see. Having the right perspective eliminate the wrong doings a trader must avoid. Understanding the market and what it does is the key to successful trades. Thank you for guiding traders. More wisdom to you! I am currently up 62pips following your insights on eurusd. Have a great pip day to all of us here in this thread!
Only an idiot knows with certainty to where the market is going.
  • #2,583
  • Nov 26, 2019 11:58am Nov 26, 2019 11:58am
Quoting BlackNapkins
Today's demo efforts ... {image} and ... {image}
Very well done. All you need to do now is trade 50 lots and you'll be on the same level as Aussi
  • #2,584
  • Nov 26, 2019 1:09pm Nov 26, 2019 1:09pm
Quoting Kickstart
{quote} Very well done. All you need to do now is trade 50 lots and you'll be on the same level as Aussi
Yeah you see how close I am ...
  • #2,585
  • Nov 26, 2019 5:14pm Nov 26, 2019 5:14pm
Quoting Aussi
Now on the first thread i talked about AUD/USA about learning it ,this is what do all the time on aud/usa i do know what it does so the proof is in the pudding above learning is the key >>>>> no short cuts no ea,s no holy grail
I'm reading this whole thread, but needa comment because I can relate to this comment in so many ways.

Nothing good comes easy, took me 6 months solid 7 days a week, worked 4 days a week at a job, studied 4 hours those day and another 7-10 hrs on my 3 days off.... some money won, more money lost, but each "AHA!" moment, I felt a little bit more confident.

Thanks for taking the time to help show the way in what otherwise is a pretty scary place to first step foot in, i'm sure i'll have a couple "AHA!" moments going through this thread.

Cheers.
  • #2,586
  • Nov 26, 2019 5:37pm Nov 26, 2019 5:37pm
Quoting Aussi
{quote} NO STOPLOSS all up last week only one trade against me out of 81 trades it was a positive swap so its only time for it to be in profit others i cut out of the flock
Quick question about this comment you made years ago....

I don't use any stop losses either... have noticed massive improvements in my performance since I have. Typically, I will only allow for about 300pips = 50% cumulative (so if I have 3 positions on at one time, they will each have to go 300 pips against me to equal 50% DD).
DD on my account is only 9% so far. I also like to think MAE is around 300pips and if it looks like I got trapped bad, I try to exit on pull backs, calmly and gracefully

My question for you is: What parameters do you set % wise if you're not using a SL? Once price hits a soft SL figure in your head, do you close out...or base your exits off market structure....OR just sit and wait till it comes back which it typically does..unless you're really up shit's creek. As of right now I have about

Thanks in advance.
  • #2,587
  • Nov 26, 2019 5:59pm Nov 26, 2019 5:59pm
Quoting Ra.
{quote} Quick question about this comment you made years ago.... I don't use any stop losses either... have noticed massive improvements in my performance since I have. Typically, I will only allow for about 300pips = 50% cumulative (so if I have 3 positions on at one time, they will each have to go 300 pips against me to equal 50% DD). DD on my account is only 9% so far. I also like to think MAE is around 300pips and if it looks like I got trapped bad, I try to exit on pull backs, calmly and gracefully My question for you is: What...
yes its like that mate with negative swaps i do not keep them you will see i do not do them unless i know they will be in profit before roll over , positive swap trades i do keep for a while but most do make money , working hard to keep the account in profit is paramount mate , not using a stoploss as its problems you have to watch mate , i just love people taking the time to learn well done mate
people leave, but this thread will go on for ever
  • #2,588
  • Nov 26, 2019 6:26pm Nov 26, 2019 6:26pm
Quoting Aussi
{quote} yes its like that mate with negative swaps i do not keep them you will see i do not do them unless i know they will be in profit before roll over , positive swap trades i do keep for a while but most do make money , working hard to keep the account in profit is paramount mate , not using a stoploss as its problems you have to watch mate , i just love people taking the time to learn well done mate
Thanks, I mean it's the day and age where all knowledge is accessible if you look for it...why not capitalize on it!

Cheers, happy tradings
  • #2,589
  • Nov 26, 2019 6:49pm Nov 26, 2019 6:49pm
️
just for a cup of coffee...
  • #2,590
  • Nov 26, 2019 6:51pm Nov 26, 2019 6:51pm
Quoting akim0895
️
people leave, but this thread will go on for ever
  • #2,591
  • Nov 26, 2019 7:29pm Nov 26, 2019 7:29pm
Quoting BlackNapkins
{quote} Yeah you see how close I am ...
The mighty oak was once a nut ,,
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  • #2,592
  • Nov 26, 2019 8:06pm Nov 26, 2019 8:06pm
Quoting digger1
{quote} The mighty oak was once a nut ,, {image}
morning dig,s thats my favorite pic
people leave, but this thread will go on for ever
  • #2,593
  • Nov 26, 2019 9:14pm Nov 26, 2019 9:14pm
Quoting digger1
{quote} The mighty oak was once a nut ,, {image}
Hey, hey, hey hang on here, poor frog!!!!
Stay green!!!
  • #2,594
  • Nov 26, 2019 9:20pm Nov 26, 2019 9:20pm
Quoting Froggy
{quote} Hey, hey, hey hang on here, poor frog!!!!
Lol,, he made it dont worry
  • #2,595
  • Nov 26, 2019 11:02pm Nov 26, 2019 11:02pm
Quoting BlackNapkins
{quote} Yeah you see how close I am ...
Your closer than you think ,,,, I will just throw this out there ,,, one can get so intent on the m1 scalping ,, or doing what is traditionally called scalping ,, the trees can be missed for the forest or the forest missed for the trees ,, .

The intensity from tht may be what leads to your draw downs at times ,, getting the m1 down is helpful ,,, seeing the m1 in a bit longer chart you may avoid some of them . ,and you will start seeing it ,, you are putting the work in ,, ,many things tht factor in as aussi has alluded too ,, time of day ,news ,, which is just fuel it doesent mean much other than than its fuel , sometimes time of month ,, time of year couple of m1 s with a m30 ,,, man your finger would almost get sore from those 10 pip trades when you just whack away and soon as they are gone ya whack away again ,, and again ,,,, then eod comes its all new again lol,, maybe the other half of tht button gets used for a bit ,,
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then the m30 with a 4 hour ,,, ,, wont be long and you will notice some things ,, a high, a low, a mid point and the same culprit levels used over and over again in this fagazi racket ,,and soon you will just see the same ole shit no matter what pair ,, it will just be another chart ,,they all do the same shit
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My hats off to you man ,,, you are putting in the time ,,, the same ole tired shit aint good enough for you ,,,, I like it ,, wont be long and this fagazi world will just be your atm machine ,,, ,, carry on bud
  • #2,597
  • Nov 26, 2019 11:42pm Nov 26, 2019 11:42pm
BN Seems ya like the gbp a bit ,, One day up one day down ,, wont know much till london gets going ,, support gives out there is a tgt as pointed out ,,, ,, support holds ,, well previous high ( Mondays ) is a good place to tgt ,, have to see who s in what kinda mood lol,, cheers all
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  • #2,598
  • Nov 27, 2019 12:17am Nov 27, 2019 12:17am
Ufff ... Thank You Diggerone ... don't know what to say ...
Need to cool down, however my morning cold shower was already taken ...
Will study carefully your charts, for sure ...
I was a frog number of time ... and this is not the end yet, I am afraid
  • #2,599
  • Nov 27, 2019 12:26am Nov 27, 2019 12:26am
gap dxy
people leave, but this thread will go on for ever
  • #2,600
  • Nov 27, 2019 12:31am Nov 27, 2019 12:31am
Quoting BlackNapkins
Ufff ... Thank You Diggerone ... don't know what to say ... Need to cool down, however my morning cold shower was already taken ... Will study carefully your charts, for sure ... I was a frog number of time ... and this is not the end yet, I am afraid
Ah but each time now you will learn a tremendous amount of how mkts really move ,,, even in slow ass boring asia ,,,,, there where your set ups ,, you knew what ya had to work with from the previous day ,,,,, ya know its trading under days open so a bit of a bearish tilt ,,, and before london kicks off you were out with your profit ,, recognize tht pattern ,,, you will make the mkt your atm lol,,,,,cool down ,, you will have ice water in your veins before long and you will just take the cash bud ,
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