Tom from Leeds's Journal
- Herbert
- Free Member
- Posts: 587
- Joined: 07 Jan 2012, 12:18
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Re: Tom from Leeds's Journal
Awesome Tom!! :-bd
Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
"Nothing wins more than superior research and preparation"
AIMS - The art of Trading markets successfully
"Nothing wins more than superior research and preparation"
AIMS - The art of Trading markets successfully
- tombacon89
- AIMSter
- Posts: 384
- Joined: 05 Feb 2012, 18:26
- 13
Re: Tom from Leeds's Journal
3 trades for me this morning.
Trade 1, cable long 15min -1%
Trade 2, eurusd short 1min +1% (exit on 1% target, want to master entries better this month)
Trade 3, usdjpy short 5min +1 pip (1pip away from hitting 1% target, at this point I trailed aims box)
Trade 1, cable long 15min -1%
Trade 2, eurusd short 1min +1% (exit on 1% target, want to master entries better this month)
Trade 3, usdjpy short 5min +1 pip (1pip away from hitting 1% target, at this point I trailed aims box)
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'Do Not let yourself get in the way of your profit producing tools'
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
- tombacon89
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Re: Tom from Leeds's Journal
I couldn't help but trade this setup as I turned on my laptop for a browse of the 15 and 5 min charts to see what had been going on today. -1 pip on this one taken on the 1min chart. I will return tomorrow for London Open
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'Do Not let yourself get in the way of your profit producing tools'
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
- immy
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Re: Tom from Leeds's Journal
Hey Tom
not a bad setup indeed. The only problem was it was late and usually there is less activity around that time. But the setup was spot on.
Wish you better luck tomorrow.
cheers
not a bad setup indeed. The only problem was it was late and usually there is less activity around that time. But the setup was spot on.
Wish you better luck tomorrow.
cheers
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!
- tombacon89
- AIMSter
- Posts: 384
- Joined: 05 Feb 2012, 18:26
- 13
Re: Tom from Leeds's Journal
Thanks Immy, I am really enjoying my trading this month and trying to nail the entries; and just take 1% from the trade then rinse and repeat. My approach now is to look at the 15 and 5 min charts on 3 pairs, and scale down to 1 min for a nicer entry. I found my self in a rut before of staring out the 1min charts hunting setups, not really looking too much at what the 5min was doing and paying rents! Yeah it is a bit late in the day it seems some evening trades really fly and others don't really get going. Other than the issue of still having no sound alerts with my dots (hopefully steve knows the answer) overall I'm feeling much more positive about my trading ability recently.
'Do Not let yourself get in the way of your profit producing tools'
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
- immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Tom from Leeds's Journal
tombacon89 wrote:Thanks Immy, I am really enjoying my trading this month and trying to nail the entries; and just take 1% from the trade then rinse and repeat. My approach now is to look at the 15 and 5 min charts on 3 pairs, and scale down to 1 min for a nicer entry. I found my self in a rut before of staring out the 1min charts hunting setups, not really looking too much at what the 5min was doing and paying rents! Yeah it is a bit late in the day it seems some evening trades really fly and others don't really get going. Other than the issue of still having no sound alerts with my dots (hopefully steve knows the answer) overall I'm feeling much more positive about my trading ability recently.
1. Does your broker use Suffix or Prefix?
2. Do you have the V5.1 sound files installed
3. Do you have the Entry Alert settings set correctly, e.g. if you have switched popup alert and sound alert on at the same time it wont work. switch either one to false.
let me know if this helps otherwise Steves' the man!
cheers
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!
- snorm
- AIMSter
- Posts: 305
- Joined: 13 Aug 2011, 22:57
- 14
Re: Tom from Leeds's Journal
Already on the case - just waiting for Tom to send me a couple of things :-B
- tombacon89
- AIMSter
- Posts: 384
- Joined: 05 Feb 2012, 18:26
- 13
Re: Tom from Leeds's Journal
Hi all, another positive and productive week with my target hit. +1.1% thanks to a +20 less spread on UJ 5min this morning. Rinse and repeat ... enjoy your weekend!
You do not have the required permissions to view the files attached to this post.
'Do Not let yourself get in the way of your profit producing tools'
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
-
- Free Member
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- Joined: 22 Dec 2011, 21:11
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Re: Tom from Leeds's Journal
Beautiful trade Tom and well done on hitting your weekly target again.
You are on a roll.
Richard
You are on a roll.
Richard
The forex market will pay you well for discipline.
- immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Tom from Leeds's Journal
tombacon89 wrote:Hi all, another positive and productive week with my target hit. +1.1% thanks to a +20 less spread on UJ 5min this morning. Rinse and repeat ... enjoy your weekend!
Nicely Done Tom
This is truly fantastic. Your target should be very achievable. And you must be hit it consistently. Once that is done, and only then for extended that you should look for improving in increments. Small baby steps forward. Well Done again. I have realised after years of trading that some people find it difficult to set targets, while others set too hard targets. Those who know the balance and set targets that are balanced with their trading style, personality and life style they are the ones that success and flourish. Well Done again.
If I hit 5% for a week that is very good for me. But I usually stay around 2-7% for a week. you know that if you average 10% per month thats equal to 300% a year. and that is better than any business in the world. So all you need is 2.5% a week or .5% a day.
cheers
Immy
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!