Ray's amnesty page

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francisrama
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Re: Ray's amnesty page

Unread post by francisrama »

wiseambitions wrote:I dont know about the lady but I can tell you she isn't likely to be a cash cow, do you know that expression?

Hopefully Dax is also a cash cow.

----

Dax. 3 trades for me this morning. One was a flyer, I noticed m15 had an up candle and a down candle after 0700BST and tried a small short which I held to in spite of m5 alligator suggesting 3 times to get out. I just wanted to see aims h1 give way
Also due to hidden bearish divergence at around 10:20BST, which I could see on fractals (lower highs) against something else which was higher lows, and the alligator and cross of Ao, I went short on m5 with a bit more I could have had a lot more pips, but got out on its first bounce off 9600, since which it inevitably fell another 25 which is what life can be like.
Another small long trade around 1200 for 10 pips on break of aims but that was towards purple of course.
:)) :)) :)) yes yes yes I think it means giving a lot of cash :)) :)) :)) ...
I Am, That I Am!
Fran
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wiseambitions
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Re: Ray's amnesty page

Unread post by wiseambitions »

9 quick pips on m1 dax on a long taken on s1 principles (I think!), just after 1430BST
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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."
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wiseambitions
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Re: Ray's amnesty page

Unread post by wiseambitions »

Sadly this guy had a sad demise after jumping to a conclusion, however I noticed one sentence in the report

"He had spent nearly a decade at the firm, where he specialised in cutting-edge software that makes huge profits by predicting patterns in the market."

I have no doubt this refers to quick acting algorythms which we would only covet, involving of course very quick execution and thin margins, with minimal slippage, in the casino trading which takes place around the big market players.

Read more: http://www.dailymail.co.uk/news/article ... z32MbV6RJs
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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."
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wiseambitions
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Re: Ray's amnesty page

Unread post by wiseambitions »

Not a typical day for Dax.

Distance between day's high and low was only about 45 pips, which is less than half a per cent of movement in the index which of course is nearly 10000

Somehow I managed to do 3 trades, and make just over 20 green pips, but it was dubious whether they were proper s1 entries as when you look at the chart respectively there weren't really any, the old gator never went sunbathing

Hoping for a better day Friday
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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."
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wiseambitions
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Re: Ray's amnesty page

Unread post by wiseambitions »

I got chopped twice around 0730/0800 BST on Dax m5 this morning but made it back after 0930, bought on a pullback from top of aims box here and 27 pips

so I suppose I'm about 12 up, which I need to be very content with as I'm on my way out now on errands, also need to be happy for getting out (manually) within 3 pips of the peak
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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."
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Re: Ray's amnesty page

Unread post by wiseambitions »

Friday was for me an amazing day even if I was out for 2 hours in the middle.

45.6 pips from I think it was 6 trades

The last one was m5 dax, away from purple, 22 pips, which took a long time coming. s1 rules, I think opening the 8 or 9th bar from the left in this chart, I also got out fortuitiously, right near the top, manually, as I had not set a target. It went to 10 once, retraced a bit then surged again all in a matter of about 10 minutes and I feel a lot happier about today having gone through a lot of anguish on Thursday

This afternoon I have been watching a Bill Williams youtube video. I think it was made about 20 years ago, and uploaded to the public only recently It talks of the days when you had to call your broker, so metatrader hadn't been thought about those days. Nevertheless there are some interesting messages in the presentation, I think I might mark it to listen again one day

I think you should watch it for yourselves

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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."
moty
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Re: Ray's amnesty page

Unread post by moty »

Hi Ray!

I follow your Journal lately, but unfortunately I can not understand any of it.
What pair? What is the Time Frame, Where did you enter the trade and where you closed it?
Is it just me hard to understand?

I wish all of us a wonderful weekend.
Patience and Discipline is the key.
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wiseambitions
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Re: Ray's amnesty page

Unread post by wiseambitions »

I will PM you soon Moty

-----

This weeks' main thought for me, I can't quote it perfectly, but it was something said in the chat area, that getting a good score with trading is a bit like with cricket. Nice to get a few 6s but it is the consistent ones and twos and occasional fours which underpin the overall gain.

I have 'suffered' a bit by hanging in until price goes back to the green line before taking profit, which didn't work well in the ranging conditions which prevailed one or two days this week. After this I decided if the price was to spike I would take 20 or 30 pips if they were there for picking. This helped me immensely, and on main account Thursday and Friday, I surprised myself by making an average of nearly 10 pips per go with still only a few rents and break evens. You may rightly say I live on my wits....

I've enjoyed today listening to someone who doesn't have the privilege of knowing the levels and alligator and oscillators talking about counting EW, it is still helpful even if not quite as good as Immy's PDF on the forum
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."
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wiseambitions
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Re: Ray's amnesty page

Unread post by wiseambitions »

moty wrote:Hi Ray!

I follow your Journal lately, but unfortunately I can not understand any of it.
What pair? What is the Time Frame, Where did you enter the trade and where you closed it?
Is it just me hard to understand?

Hi, just to try and help your enquiry. Mostly DAX, on m5, looking for s1 and s2 trades. Sometimes instead of a PO I wait for a pullback inside the aims box of a few pips and then open trade manually, and if it works out ok it gives me a few more pips.
I intend to wait until the momentum of the breakout fades, ideally I want to stay in the trade until price comes back to the green line, or not let price drop below the lowest of the 3 previous bars, but I have decided if it goes to about 20 pips I will either take the profit or trail it closely. My plan is to make at least 10 pips a day. Usually this is easy, except in ranging whiplashing conditions. I dont use mt4 all the time to place trades although I use it as my charting system, so I can't just pull up my trades, I can add them with MS Paint but I usually try and show if I write up my journal what made me take the trade. Hope this helps
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."
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wiseambitions
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Re: Ray's amnesty page

Unread post by wiseambitions »

27/05/2014 14:49 GBP Germany 30 CFD 506259872 506256100 Sell 9938.3 9949.8 GBP 0.80738 EUR 11.5 pips
27/05/2014 14:49 GBP Germany 30 CFD 506259868 506258124 Sell 9929.8 9948.8 GBP 0.80738 EUR 19 pips
27/05/2014 09:47 GBP Germany 30 CFD 506253197 506245383 Sell 9891.3 9911.3 GBP 0.80635 EUR 20 pips


3 beautiful trades today, 50.5, one of my accounts shown for the examples, Aims is such a dynamic system, just have to wait and watch, enter, wait watch and get out and counta da money :)

In fact mainly it's been a case of holding longs, although it isn't as easy as that......... All these were m5 s1 entries, manual exit strategy, SL 20 usually allowed, giving on that account over 5% return in a day which is better than banks pay in a whole year

Nice to know the strategy is timeless and it won't be out of date next year or the year after......
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."
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