That list comes from a popular book, If I can find the name I will give it the credit
Add to the list: Sod's Law always works against you
Also, Never pray the indicators are wrong! It's like hoping the rising floodwater stays out of the door!
I've been in a long trade on Aussie all day, I think it's been about 65pips to the good at best, anyway still hanging in
I don't think I'll bUother with M1 at this rate.
OUTCOME: I was a bit greedy and I missed the top of the market by a long mile, I didn't have the TS function running, and having missed 65 potential pips I took 30. Still that was a positive result.
This morning I am long on NZDUSD and currently 30 up as well, on S2, H1 principles, still open after starting during the 7am GMT candle, my emotions are relaxed atm which is good, price action is higher than the purple line, which helps confidence, AO is in the green above ZL first time since last Wednesday PM.
Ray's amnesty page
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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
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Re: Ray's amnesty page
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."
[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."
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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
My only trade so far today was a long on NZDUSD opened during 0700 GMT candle
Knocked out at just over +40pips having seen signs of strong pullback, since which it has fallen at least 6 more pips
A cup of tea seems really sweet after the wait
If I could make 40 pips every day, WOW.
71 so far this week.
Knocked out at just over +40pips having seen signs of strong pullback, since which it has fallen at least 6 more pips
A cup of tea seems really sweet after the wait
If I could make 40 pips every day, WOW.
71 so far this week.
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."
[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."
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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
Midday, Thursday
I guess I'm not the only one trying a short on Eurusd at this moment, chart for m15 attached
I guess I'm not the only one trying a short on Eurusd at this moment, chart for m15 attached
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."
[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."
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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
closed the above with around 20 pips.
enough of this volatility, too much red news due in the next hour, which turns it into a gamble....
time to walk the dog!
enough of this volatility, too much red news due in the next hour, which turns it into a gamble....
time to walk the dog!
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."
[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."
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 15
Re: Ray's amnesty page
Hello Ray
Nice to see you are keeping us posted. I was just wondering if it would be possible for you to zoom out a bit and then take a picture of your chart. That way the newbie's and us could fully appreciate the situation etc. Al lthe best... happy pipping!
Nice to see you are keeping us posted. I was just wondering if it would be possible for you to zoom out a bit and then take a picture of your chart. That way the newbie's and us could fully appreciate the situation etc. Al lthe best... happy pipping!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
Not the easiest of NFPs, however here is one trade which I did on Kiwi, H1
See the break of aims upwards, and the amazing rise of this pair
The blue up arrow is an EMA crossover indicator, which I find useful (like others might use the BDC) and can give early notice of movement as does the dot alert
Apologies for crowded chart, I was illustrating a few aspects to someone else
PS. 16:54 London time, I'm still in this trade and wondering when to call it quits, I must lift the stop loss just for safety now.
See the break of aims upwards, and the amazing rise of this pair
The blue up arrow is an EMA crossover indicator, which I find useful (like others might use the BDC) and can give early notice of movement as does the dot alert
Apologies for crowded chart, I was illustrating a few aspects to someone else
PS. 16:54 London time, I'm still in this trade and wondering when to call it quits, I must lift the stop loss just for safety now.
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."
[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."
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
A mixed week, several missed opportunities, but I'm human and not here all the time either.
week ending 7.2.2014
66 net pips
PF 2.05
ROI "More than 5 per cent"
I could have and should have done better than this, human error crept in a bit too, anyway it's positive progress, ahead of my own targets, and my belief in the strategy is unshaken
Let's keep at it guys
week ending 7.2.2014
66 net pips
PF 2.05
ROI "More than 5 per cent"
I could have and should have done better than this, human error crept in a bit too, anyway it's positive progress, ahead of my own targets, and my belief in the strategy is unshaken
Let's keep at it guys
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."
[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."
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
A nice 20 pips on Aussie this morning, just achieving TP in less than a couple hours
Entry : H1, break of Aims support level, AO near zero, although 3 or 4 bars after the dot alert.
I thought it was a safe one to open, broadly in line with Aims rules. It was not opened on a pending alert, I was watching at the time and went short after a small pullback, which often adds a few pips. The purple line here is very thick, to emphasise it was actually against trend, but I find that doesnt have to be a major detraction when in higher timeframes.
On the same principles I might have had a profitable sell trade on USDCHF and also a buy trade on EURGBP - newbies could draw their own charts to agree or disagree
This is what I call stress free, it only needs two or three trades like this a week to increase endorphin levels.
Entry : H1, break of Aims support level, AO near zero, although 3 or 4 bars after the dot alert.
I thought it was a safe one to open, broadly in line with Aims rules. It was not opened on a pending alert, I was watching at the time and went short after a small pullback, which often adds a few pips. The purple line here is very thick, to emphasise it was actually against trend, but I find that doesnt have to be a major detraction when in higher timeframes.
On the same principles I might have had a profitable sell trade on USDCHF and also a buy trade on EURGBP - newbies could draw their own charts to agree or disagree
This is what I call stress free, it only needs two or three trades like this a week to increase endorphin levels.
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."
[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."
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
Here's a trade I find myself in right now
Aususd M30
See the dot alert is actually pink. That's because the end of that bar was outside the Aims box - so it's a proceed with care situation and I'm open to criticism, added to which the alligator was not 'sleepy', anyway my experience on setups of this kind is fairly good.
Aususd M30
See the dot alert is actually pink. That's because the end of that bar was outside the Aims box - so it's a proceed with care situation and I'm open to criticism, added to which the alligator was not 'sleepy', anyway my experience on setups of this kind is fairly good.
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."
[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."
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
22.40 GMT Wednesday
That Aussie trade is still running. Now about 20 pips in profit. I'm coming up to decision time as to whether to set auto stops and go to bed or just take the gain. The thing is I opened that on M30 principles, and we are now at a stage where H1 points down, the Aims box isn't particularly high and it might be that the market has turned. H4 is also below the green line which adds to that argument.
I thought I'd post this as something which may be of interest to the later joiners, as we can either trade Aims on fast charts eg M1, M5 or use the same guidelines to trade in slower motion. And slow motion may just be worth trying for those who have the patience for it
That Aussie trade is still running. Now about 20 pips in profit. I'm coming up to decision time as to whether to set auto stops and go to bed or just take the gain. The thing is I opened that on M30 principles, and we are now at a stage where H1 points down, the Aims box isn't particularly high and it might be that the market has turned. H4 is also below the green line which adds to that argument.
I thought I'd post this as something which may be of interest to the later joiners, as we can either trade Aims on fast charts eg M1, M5 or use the same guidelines to trade in slower motion. And slow motion may just be worth trying for those who have the patience for it
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."
[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."