Sam's Journal [Awarded Title: The Master of Famous Setup ]
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- immy
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Re: Sam's Journal
Moty: THIS IS THE FAMOUS PATTERNfxsam wrote:Another one. This time UJ m15 S1. Took exit when price hit TZ1.
:-bd \:D/
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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- Free Member
- Posts: 762
- Joined: 28 Aug 2012, 01:13
- 13
Re: Sam's Journal
fxsam wrote:Tough day yesterday. Tried few famous pattern to hunt down w5. One BE and 3 rent. It didn't workout this time but you can't win every time. i stick to my rule by taking setup only. It was just range bound market. NEXT NEXT NEXT....
exactly we cant win all the time


All I need is Aims. Just love it !
- immy
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- Posts: 9654
- Joined: 22 Nov 2010, 16:46
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Re: Sam's Journal
Hey Sam, wonderful Famous Setup on EU today... hope you got it nicely
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!
- immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Sam's Journal
Well done. One can make a living off this pattern. very nice.
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!
-
- Free Member
- Posts: 762
- Joined: 28 Aug 2012, 01:13
- 13
-
- Free Member
- Posts: 762
- Joined: 28 Aug 2012, 01:13
- 13
- immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Sam's Journal
fxsam wrote:Yes immy i got it. Indeed EU and EJ both after series of losses this week. sigh.
Both were famous pattern. My first trade on EJ turned into rent on PC but H1 trend kept me interested in m15 pattern and i entered again. Picture tells the rest.
i decided to take profit after H1 fruit but again let it run would have bring some more pips. Still happy with the result as these two trades gave my account huge boost.
Hearty thanks to Immy for showing this pattern. ^:)^
Thanks to you too Sam. You've been a good disciple \m/ :o3

On a more serious note, I can assure you mate, this Famous Pattern has been there for a decade now. Even during the times when volatility was higher comparatively we saw it very often 3-4 times a week on 4-6 pairs. ENJOY
pssst: watch that GU tomorrow morning ... wink wink
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!