Ray's amnesty page
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wiseambitions
- AIMSter
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Re: Ray's amnesty page
It just seemed a good idea to get out about when TZ1 was touched
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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."
[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
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- Joined: 17 Sep 2012, 21:36
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Re: Ray's amnesty page
On 24 hour brokers Dax is just about to breach fractal at bottom of H4 aims box
It doesn't appear the same on FO 0700 to 2100 brokers' charts, but h1 probably still paints a weak signal
That's as I see it 1500 BST Thursday.
I've also had 2 or 3 emails from brokers today warning everyone about the risk of violent price movements allied with the Greek situation, saying such things as "leverage may be reduced without prior notice". Dangerous times really.
I've switched off my terminals for today now. Concentration is waning.
It doesn't appear the same on FO 0700 to 2100 brokers' charts, but h1 probably still paints a weak signal
That's as I see it 1500 BST Thursday.
I've also had 2 or 3 emails from brokers today warning everyone about the risk of violent price movements allied with the Greek situation, saying such things as "leverage may be reduced without prior notice". Dangerous times really.
I've switched off my terminals for today now. Concentration is waning.
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
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Re: Ray's amnesty page
I wondered whether all today's action would be seen in the morning, what with Uncle Sam on holiday and not influencing stuff this afternoon, but of course the Greek shinanegans are an unknown quantity.
I had a fair smattering of trades around LO, closed with 7% net, including 0.5% drawdown, I love that kind of result....
Over the last couple weeks I haven't had so much other work on, and put all my energy into concentrating on this, to the extent that in a 10 day period I took 2000 pips, which is very rewarding, and did wonders to an account which I ran for the purpose, to see what multiplication I could achieve. Results are far better than any other moral source of income available to me. Kind of confirms that I should give up everything else. We have a winning formula here, capable of producing weekly what the top quartile investment funds produce in a year................... indeed capable of producing such returns faster than that.
I had a fair smattering of trades around LO, closed with 7% net, including 0.5% drawdown, I love that kind of result....
Over the last couple weeks I haven't had so much other work on, and put all my energy into concentrating on this, to the extent that in a 10 day period I took 2000 pips, which is very rewarding, and did wonders to an account which I ran for the purpose, to see what multiplication I could achieve. Results are far better than any other moral source of income available to me. Kind of confirms that I should give up everything else. We have a winning formula here, capable of producing weekly what the top quartile investment funds produce in a year................... indeed capable of producing such returns faster than that.
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
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Re: Ray's amnesty page
I don't often trade the fruit strategy, but I notice that it gave rise to my luckiest trade today
I have turned terminals off now, at +10.8% on the most active account, making that one +27% in the first 3 days of the month (requiring 70 trades).
It's all about discipline and tenacity, we all know these conditions provide lots of entries, we don't need to win them all, and even 1% a day can produce the incredible roll up which I put on my signature line here, to remind us all of the incredible power of this thing.
Have a great weekend chaps...(We don't seem to have any ladies on here nowadays?)
I have turned terminals off now, at +10.8% on the most active account, making that one +27% in the first 3 days of the month (requiring 70 trades).
It's all about discipline and tenacity, we all know these conditions provide lots of entries, we don't need to win them all, and even 1% a day can produce the incredible roll up which I put on my signature line here, to remind us all of the incredible power of this thing.
Have a great weekend chaps...(We don't seem to have any ladies on here nowadays?)
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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immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
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Re: Ray's amnesty page
With your rate of success you will own the company that you work for which you probably own, as your office is located right at top of some big building! hehewiseambitions wrote:I don't often trade the fruit strategy, but I notice that it gave rise to my luckiest trade today
I have turned terminals off now, at +10.8% on the most active account, making that one +27% in the first 3 days of the month (requiring 70 trades).
It's all about discipline and tenacity, we all know these conditions provide lots of entries, we don't need to win them all, and even 1% a day can produce the incredible roll up which I put on my signature line here, to remind us all of the incredible power of this thing.
Have a great weekend chaps...(We don't seem to have any ladies on here nowadays?)
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
No it isn't like that Immy, I am buying out the Duke of Westminster's London property portfolio and the crown jewels too. lmao
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
Last week was amazing, I was able to spend most of 4 days Tuesday to Friday near the terminal.
On my most active account this led to opening and closing 99 trades, adding up to 1054 pips. I can't however relate these to previous experience because that broker forced me to reduce my lot size per trade and I was opening multiple smaller trades for each campaign. So it might have equated with less than 400 pips in my previous trading style - and that is still exceptional. It might just have been a sweet spot in my experience, and I would not set this as a future target.
There's no withholding the fact I do have some bad days, not always because the market wants to do its own thing, the other aspects are usually where I lose concentration or when emotions overtake rationality. Of course they are the gremlins which sit on the shoulders of every trader, and we need to ask ourselves every time why we might choose to act against what the indicators are telling us. We've backtested them a zillion times in the past, we know there is amazing overall gain by just doing what they say, and still why might the gremlins tempt us to go against them in hope of beating the system? So I hope to have a few uninterrupted sessions during next week and will do my best to keep to the plan.
PS. At the time of writing, 1610 Sunday, the grey market for Dax is about 1.5% down on Friday's close. The Greek situation seems more fuzzy than ever, as we wonder what will be the outcome of their referendum.
On my most active account this led to opening and closing 99 trades, adding up to 1054 pips. I can't however relate these to previous experience because that broker forced me to reduce my lot size per trade and I was opening multiple smaller trades for each campaign. So it might have equated with less than 400 pips in my previous trading style - and that is still exceptional. It might just have been a sweet spot in my experience, and I would not set this as a future target.
There's no withholding the fact I do have some bad days, not always because the market wants to do its own thing, the other aspects are usually where I lose concentration or when emotions overtake rationality. Of course they are the gremlins which sit on the shoulders of every trader, and we need to ask ourselves every time why we might choose to act against what the indicators are telling us. We've backtested them a zillion times in the past, we know there is amazing overall gain by just doing what they say, and still why might the gremlins tempt us to go against them in hope of beating the system? So I hope to have a few uninterrupted sessions during next week and will do my best to keep to the plan.
PS. At the time of writing, 1610 Sunday, the grey market for Dax is about 1.5% down on Friday's close. The Greek situation seems more fuzzy than ever, as we wonder what will be the outcome of their referendum.
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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kooky
- Free Member
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- Joined: 12 Feb 2012, 06:39
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Re: Ray's amnesty page
Well Ray, for me those sort of figures are only what Dreams are made of, but can I ask, if you say you rarely trade Fruit signals
are those 99 trades made up of S1 and S2 entirely on the 1m timeframe, or did you land some Big ones on longer T/frames??
kooky
are those 99 trades made up of S1 and S2 entirely on the 1m timeframe, or did you land some Big ones on longer T/frames??
kooky
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wiseambitions
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- Joined: 17 Sep 2012, 21:36
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Re: Ray's amnesty page
Thanks. Mixture of s1 and s2, m1, m5 etc, but mainly m1.
What I like to do is colour the grey boxes of more than 25 pips in amber, as a bit of a no-go warning zone, for m1, but I will still take them if the green line of alligatior is not far from entry point as I will often use that as a stop loss to get out. I also have multiple attacks at the same entry sometimes, for example set POs 1 to 3 pips outside the fractal but add another position ad lib if for a few moments the price recedes into the aims box if my gut feeling is the momentum for breakout still exists.
You'll notice I sometimes put up a post here saying a bigger TF like h4 is just about to breach a fractal, and I think it is always a good idea to keep an eye on what is happening in the long term trend even if trading on a faster chart.
Every time I think about a reply like this it confirms to me why nobody has yet written an EA, or an EA which is successful, a little bit of intuition is nearly always required, even if it is as simple as to tell ourselves to be careful ahead of planned news releases.
What I like to do is colour the grey boxes of more than 25 pips in amber, as a bit of a no-go warning zone, for m1, but I will still take them if the green line of alligatior is not far from entry point as I will often use that as a stop loss to get out. I also have multiple attacks at the same entry sometimes, for example set POs 1 to 3 pips outside the fractal but add another position ad lib if for a few moments the price recedes into the aims box if my gut feeling is the momentum for breakout still exists.
You'll notice I sometimes put up a post here saying a bigger TF like h4 is just about to breach a fractal, and I think it is always a good idea to keep an eye on what is happening in the long term trend even if trading on a faster chart.
Every time I think about a reply like this it confirms to me why nobody has yet written an EA, or an EA which is successful, a little bit of intuition is nearly always required, even if it is as simple as to tell ourselves to be careful ahead of planned news releases.
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
Ah well, 0720 it seems I have a problem. The broker I succeeded with the last couple weeks has disabled equity trading this morning. When trying to order Dax it just comes up with something else, market watch says no trading in UK100, Eurostocks, WS, Dax etc. And won't answer the phone yet either. So I'll have to see whether something changes else I will go back to another account which is not MT4.
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."