Ray's amnesty page

[wiseambitions]

The universe is far far bigger than our imagination

This is an interesting picture of fractal geometry

http://www.dailymail.co.uk/sciencetech/ ... tists.html

[immy]

Finally! a very interesting link by Ray! Thank you.

[wiseambitions]

12000 achieved on Dax. wow.......... I don't want to be the dearest buyer ever, I considered 12000 to be strong resistance BRN. Is that fear?


Immy - something different. If you like relaxing music, to keep you calm when working......This is son of a lifelong friend of mine, very gifted and talented, top student in Royal College..... playing there in Moscow...... Also virtuoso on piano, where he came 2nd in BBC young musician of the year at a very early age.

[wiseambitions]

Alligator is still hungry................



To H*** with all suggestions that a market can be overbought, it is quite capable of doing anything with the big drivers of euphoria and greed

And today is proving awesome

[wiseambitions]

56.2 net pips, for watching the screen about 3 hours, which is enough for a day really, otherwise we won't last the week.

I don't set out to catch all the moves in the market, 10 pips on average keeps other work away......


long trades were all profitable. Short - well - not so......serves me right
Best technique for today - buy on the dips - some fruit, some s1

We all love it dont we......


I decided to re-colour the aims boxes in a different shade to highlight the heights of box (15 pips on m1) which are likely to be safer or unsafe to look for profitable breakouts on the s1/s2 system. It works with ICM so long as I put 1500 as the max box, but it won't work whatever I do on FXCM platform. Wierd that......

[wiseambitions]

I think the day has been full of opportunities, my last trade is as per the chart.

I exited on touch of Green Line (Gator lips) by which time I had already given up about 17 pips from the full move, but it was still a win worth talking about

Very difficult to decide which best exit strategy, I don't think there's much in it in the long run between waiting for the opposite dot alert compared with just getting out when price first touches the green line, nor do I think there's much difference in a large number of trades by waiting for price to touch the opposite aims level.

On this trade the AO continued to deepen even as price retraced so I'd say it was just the angulation now and probable appearance of a fruit signal nearer the bottom which would have otherwise said get out now...... I can't remember if there was a TZ line from ewaves at the time......

Anyway I won't complain about the day on the whole even if I did get stopped out just before a few potentially profitable moves............ up 76.0 net pips for the effort was worth it.

[immy]

I think the day has been full of opportunities, my last trade is as per the chart.

I exited on touch of Green Line (Gator lips) by which time I had already given up about 17 pips from the full move, but it was still a win worth talking about

Very difficult to decide which best exit strategy, I don't think there's much in it in the long run between waiting for the opposite dot alert compared with just getting out when price first touches the green line, nor do I think there's much difference in a large number of trades by waiting for price to touch the opposite aims level.

On this trade the AO continued to deepen even as price retraced so I'd say it was just the angulation now and probable appearance of a fruit signal nearer the bottom which would have otherwise said get out now...... I can't remember if there was a TZ line from ewaves at the time......

Anyway I won't complain about the day on the whole even if I did get stopped out just before a few potentially profitable moves............ up 76.0 net pips for the effort was worth it.

Point 1. What were you doing so late still trading? isn't this past your finish time?
Point 2. When market moves too far too fast, it snaps. So on this occassion the fruit exit was the best one to use.
Point 3. This "touchy" "feely" business is gonna take your profits go down the drain before you can bank them. Don't do touchy feely shit.
3 ways to get out. 1. Green Line Close (the dot exit) 2. trailing bars and exiting at fruit if rubber band principle exists. 3. Trailing AIMS boxes.

[Dave]

I think the day has been full of opportunities, my last trade is as per the chart.

I exited on touch of Green Line (Gator lips) by which time I had already given up about 17 pips from the full move, but it was still a win worth talking about

Very difficult to decide which best exit strategy, I don't think there's much in it in the long run between waiting for the opposite dot alert compared with just getting out when price first touches the green line, nor do I think there's much difference in a large number of trades by waiting for price to touch the opposite aims level.

On this trade the AO continued to deepen even as price retraced so I'd say it was just the angulation now and probable appearance of a fruit signal nearer the bottom which would have otherwise said get out now...... I can't remember if there was a TZ line from ewaves at the time......

Anyway I won't complain about the day on the whole even if I did get stopped out just before a few potentially profitable moves............ up 76.0 net pips for the effort was worth it.

Point 1. What were you doing so late still trading? isn't this past your finish time?
Point 2. When market moves too far too fast, it snaps. So on this occassion the fruit exit was the best one to use.
Point 3. This "touchy" "feely" business is gonna take your profits go down the drain before you can bank them. Don't do touchy feely shit.
3 ways to get out. 1. Green Line Close (the dot exit) 2. trailing bars and exiting at fruit if rubber band principle exists. 3. Trailing AIMS boxes.

Agree, Immy. My touchy feely business cost me a good few pips at the open - trailing too closely for fear of giving back what was on offer. The exits are the hardest part! Or more specifically, allowing an open and in profit trade the room to breathe and grow without fear of giving a little back, is the hardest part.

[wiseambitions]

I think the day has been full of opportunities, my last trade is as per the chart.


Anyway I won't complain about the day on the whole even if I did get stopped out just before a few potentially profitable moves............ up 76.0 net pips for the effort was worth it.

Point 1. What were you doing so late still trading? isn't this past your finish time?
.

=====================

The late part of the day can be lucrative as per yesterday due to the noticeable break of support (fractals/lower aims levels) as it occurred on all time frames right up to H4. So long as it happens a while before closing time I find these conditions very good for trading whatever time of day.

[wiseambitions]

Last 20 trades, up 117 net pips, PF 3.5, these were taken since mid afternoon on Friday.

still room for improvement but I think the concept of measuring things in terms of 20 trades is fantastic and a great yardstick.

10 pips a day keeps other work away.

Even accepting I made mistakes, I get a lot of comfort from the fact that one of the most highly acclaimed robot systems gave up about 350 pips so far today................ It's interesting watching what trades some of those things take and looking at it in terms of fractals and wave forms and noticing how stupid their entries look compared with the way we are privileged to see things.