Ray's amnesty page

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hammy
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Re: Ray's amnesty page

Unread post by hammy »

hey, that's awesome Ray !

can't believe the little one got away alive ...wow !

anyway, getting back to AIMS indicators, I keep wanting to call aligator, "dragon" .. 8-}

cheers :)
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wiseambitions
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Re: Ray's amnesty page

Unread post by wiseambitions »

Crazy conditions this afternoon

Very much 'out of the box!"
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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 had the resolve today to follow the system, in spite of emotions and what my head might have otherwise said to do.......... 35 glorious pips, profitable ones!

However this wasnt all the trading I did, and I thank the system for giving me the most profitable month ever, and a good start to November too

Best wishes to all

PS what I put on the chart for end time was slightly wrong, it was 17:59 when I bailed out, had I stayed longer and extended the TP I might have made an extra 5 or 10 pips at best a few minutes later, but I dont kick myself too hard
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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Dave
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Re: Ray's amnesty page

Unread post by Dave »

I certainly do admire the way you hang onto your winning positions, well done Ray! Congratulations on a successful month.

Dave
Now, I choose to make a profit in trading.
hammy
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Re: Ray's amnesty page

Unread post by hammy »

Ray, do you normally ignore the black dot signals to close the trade ?

What was your exit strategy, TS, TP or ?

thanks !
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wiseambitions
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Re: Ray's amnesty page

Unread post by wiseambitions »

hammy wrote:Ray, do you normally ignore the black dot signals to close the trade ?

What was your exit strategy, TS, TP or ?

thanks !
Hi, yes I know I hung into those trades against opposite signals towards the end of the session. Combination of reasons.
1) not looking
2) not having reduced the SL
3) a personal view that the market was still trending down

My exit strategy was really wait for it to get back under 1.2840 where I'd previously seen it, I set stops at around 1.2835 and got out at around 17.59GMT.
It was just my lucky day. The previous NFP I didnt believe Aims and lost a lot of potential profit. This time I thought 'Go with it Ray!'
Long term TFs eg h4 and D1 are strongly bearish.
I also believe in some whacky theories such as Gann diagrams which tell me that the reduction in price is 'on time'.
But with elections next week, anything can happen!

Since going live the last 6 weeks Aims trading has given me an incredible PF of 8 =p~

Main lesson learned for my style of trading is stick with M5. M1 has given me too much whipsaw. Hope I dont offend by saying this.
Good luck guys.
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 »

Monday 5th

A brilliant day on the whole with 20.5 net pips gained.

My worst trade, if anyone can relate to it, (sorry I haven't the time to put up a chart now) was at 06:57GMT I bought (dont know why, seeing trend was downwards in retrospect).
CLosed at 07.39 GMT with 12.9 pips loss. It was a high Aims box, but that's sometimes what you get on M5.

Best trade was 09:46 to 10:24, 10.1 pips profit.

There were half a dozen other small opportunities, giving me roughly 34.5 positive pips to balance oout the 12.9 penalty

The NY session was choppy and I didn't follow it very closely.

I continue to stay with M5, finding I get less whip than with M1. And I concentrate on EU, I just try not to overcomplicate my life!
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."
hammy
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Re: Ray's amnesty page

Unread post by hammy »

well the NY session was hopeless for me, I broke even for about 5 trades on EU, M5 chart.

even the M5 chart was choppy, no real good moves for the Aims signals to gain pips.

cheers !
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wiseambitions
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Re: Ray's amnesty page

Unread post by wiseambitions »

hammy wrote:well the NY session was hopeless for me, I broke even for about 5 trades on EU, M5 chart.

even the M5 chart was choppy, no real good moves for the Aims signals to gain pips.

cheers !
It was a pity you made no gain, but at least you didn't lose. My luck seems best between 07:00 and 13:00 GMT nowadays
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 »

A couple of quick scalps, EU, longs, this morning

06:13GMT closing 06.16 for 4.1 pips using M1 breakout
07:46 to 08:03 for 4.3 pips, using m5 breakout

I won't have a lot of chance to try more or babysit any trades after this morning

However the main point I would like to share is I find my best luck and success is in the morning around the time of Europe/London open. And I find like many other traders using sundry tactics that the NY session is rather wild, and the probability of success using tried and tested systems is not so good, and anxiety levels run higher (makes the opposite of stress-free trading!).


So maybe what I ought to do is target a number of pips per day, starting my trading as early as I'm up and ready, and stopping as soon as that target is achieved.
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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