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Andrewb wrote:Hey Ray, where on the forum can I find the PDF onTrading in the box. Cheers
Be careful this is an advanced technique.
The classic setup (break of aims box - which shows breaches of support and resistance) is the most straight forward
Thanks Ray
Ray... sorry your post was deleted because infirmation from premium section cannot be shared elsewhere. Best way is to copy and paste the link to the desired location.
Cheers
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
Andrewb wrote:Hey Ray, where on the forum can I find the PDF onTrading in the box. Cheers
Be careful this is an advanced technique.
The classic setup (break of aims box - which shows breaches of support and resistance) is the most straight forward
Thanks Ray
Ray... sorry your post was deleted because infirmation from premium section cannot be shared elsewhere. Best way is to copy and paste the link to the desired location.
Cheers
woops, sorry, I hadnt given it one moment's thought and it was a complete mistake on my part
Please 4give me (
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
I found there to be one or two nice smooth moves on FTSE100 today, which I had a go with, at 1 pip spread.
From that I was lucky on stated principles (aims template plus EMA/SMA) to take about 30 pips
And another 25 approximately on EURUSD.
Until I can write down a clear blueprint for this I'm happy to discuss individual trades with members, and if I get time in the weekend I will try and put up an example chart showing setups taken and setups deliberately set aside.
I will admit to there being some days which were less lucky
Nevertheless the progress is steady and the rollup which the system offers is incredible
Having used the system almost daily for 10 months now, and trying not to get my attention tempted by other super duper ideas, I am finding my average daily gain is now equivalent to the initial account balance of last September. Work out what Immy means by bricklaying. Constancy and consistency are the keys to phenomenal wealth!
Have a good weekend
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
Took a flyer on the Dollar Swisse last night which paid off handsomely, I took profit manually upon waking up late
Also this afternoon another good long trade on the same,
I'm trying to attach a chart. My rationale for exit is shown in the added MACD graph, about 8 bars back when the histogram started falling away and leaving a gap between the signal line. I find that quite a good strategy
You do not have the required permissions to view the files attached to this post.
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
fxsam wrote:Excellent trade execution Ray. How was Scotland ?
Thank you. Scotland was looking good. In fact what amazed me was I stayed on a lochside not far from a ski resort in the Highlands where the locals say it rarely snows. It seemed as warm as the south east of the country which is where we are supposed to get the most sun, and the air was pure. In fact I did fathom out the possibility of having a retreat home up there somewhere with a decent broadband connection and carrying on this from there !
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
Friday seemed to be calm and eventless in every pair I traded,
I think that often happens after a major movement and of course it was the last day of the business month
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
Yes immy, The impending war is a factor. I havent been watching nor trading oil, but I think I did ok Wednesday night, overnight, out of the trade attached, which showed a flight to the dollar. I got out at about 10 bars back on this chart, I haven't drawn my entry and exit, the trade was on a broker which doesn't use metatrader.
Good luck guys, and keep to the rules.
You do not have the required permissions to view the files attached to this post.
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
3 hours of whipsaw in ranging markets for me so far this morning
I suppose it's doing this in anticipation of FOMC
I remember Immy saying something like 3 rent ( losing ) trades in a row and he walks away. Don't blame him
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
(