Nikita`s journal

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Nikita
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Joined: 19 Dec 2013, 15:04
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Re: Nikita`s journal

Unread post by Nikita »

Morning everyone!
London open brought a few pips. Check this out, Dave! It`s all your fault!
eurusdm1.jpg
And more profitable GU (again, Dave!):
gbpusdm1.jpg
Btw, does this exit on GU was OK?
I m not sure that it worth waiting for so deep retrace. May be it s better to close trade when it +10-12 pips? 1:2 RR
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Who says we cannot predict, you can, thats not a problem, problem is how you react after you've predicted. (c) Immy
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Darren
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Joined: 20 Nov 2012, 13:54
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Re: Nikita`s journal

Unread post by Darren »

You are catching the setups very well Nikita, you just need to set in stone how you want to exit. There are a few different methods and you need to find one that suits you.

Personally I close half of the trade at 1:1 and then trail Aims on the 2nd half. This means I do not have a TP on the 2nd half and you can catch some great moves. I also sometimes place the SL 1 pip below a candle that closes on the Green or Red line if the market warrants it. Your method of exiting may be different but it should be consistent and something that you need to setup for yourself and follow on every trade to take the stress out of trading!

Keep it up though! :)
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Grant
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Re: Nikita`s journal

Unread post by Grant »

Excellent Dave,

immy, it looks like you have another guru...

Grant
success = patience + discipline - greed
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Nikita
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Re: Nikita`s journal

Unread post by Nikita »

Darren wrote:You are catching the setups very well Nikita, you just need to set in stone how you want to exit. There are a few different methods and you need to find one that suits you.

Personally I close half of the trade at 1:1 and then trail Aims on the 2nd half. This means I do not have a TP on the 2nd half and you can catch some great moves. I also sometimes place the SL 1 pip below a candle that closes on the Green or Red line if the market warrants it. Your method of exiting may be different but it should be consistent and something that you need to setup for yourself and follow on every trade to take the stress out of trading!

Keep it up though! :)
Thanks for your words, Darren!
Within a 1st month of trading AIMS i will try to figure out what cause me less stress.
Who says we cannot predict, you can, thats not a problem, problem is how you react after you've predicted. (c) Immy
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immy
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Re: Nikita`s journal

Unread post by immy »

Grant wrote:Excellent Dave,

immy, it looks like you have another guru...

Grant
Dave's posts have proved to be nothing less than Gold Bricks and Gems and diamonds... forever enlightening. Love em mate... 100% agreed, we have a GURU! title for this one! ^:)^ ^:)^ ^:)^ (wd) (wd) (wd) (hug) (hug) (hug) but the fact remains the REAL Guru is GRANT!
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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Dave
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Re: Nikita`s journal

Unread post by Dave »

Did you know that guru in Swahili in actually pronounced "Grrr - ant". True story.
Now, I choose to make a profit in trading.
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immy
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Re: Nikita`s journal

Unread post by immy »

Dave wrote:Did you know that guru in Swahili in actually pronounced "Grrr - ant". True story.
Dave's officially on my close friends list from now on.... 8-} 8-} (hug) (rofl) Grrrrrrrrrrrrrrrrrrrrr ant The Grrrrrrrrrrrrrrrrrrrrr and Gurrrrrrrrrrrrrrrrr uuuuu :p :p
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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Grant
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Re: Nikita`s journal

Unread post by Grant »

oh dear lord....

8-| 8-|
success = patience + discipline - greed
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Nikita
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Re: Nikita`s journal

Unread post by Nikita »

Morning everyone!
After may 3-days illness, i ve read so many posts about friday`s catch, that i couldn`t participate btw.. so i feel a little bit sad.. It was my first NFP news in AIMS community.. :((

Brrrr, ok, now i`m fine.
Here is what my London open session looked like:
gbpusdm1.jpg
To my shame, still cant find out how should i exit..

While i was typing this post, i missed a great GU opportunity! Hope all of you were more attentive :)
gbpusdm1.png
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Who says we cannot predict, you can, thats not a problem, problem is how you react after you've predicted. (c) Immy
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Nikita
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Re: Nikita`s journal

Unread post by Nikita »

NY open has shown my absolute uncompetence and lack of patience.
But it s still a winner!
gbpusdm1.jpg
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Who says we cannot predict, you can, thats not a problem, problem is how you react after you've predicted. (c) Immy
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