Ray's amnesty page
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Dave
- AIMSter
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Re: Ray's amnesty page
Nice trade Ray, first fractal outside the mouth, nailed it!
Now, I choose to make a profit in trading.
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wiseambitions
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Re: Ray's amnesty page
Whatever it was, that's the sort of trade I look for, and I often just hang in for about 5 or 6 pips. Did it twice this morning. Missed maybe an extra few every time but if I could get consistent winners like that I'd be well on my way. In the past I have had about 20 pips a day from doing just that.Dave wrote:Nice trade Ray, first fractal outside the mouth, nailed it!
It has been a week where I started on the wrong foot. Started to improve yesterday. Must not change anything, must stay calm, avoid impulse trading, stick to the rules and not be greedy!
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
What a lovely rise after 1330GMT today! EurUsd must have been 100 pips, I havent counted them
But I didnt get them
Wasnt watching at the time
Perhaps some other members did get them or some of them?
Also dubious whether in my m5 system the signals would have been valid, as at the immediate time before the breakout the aims box was 25 and more tall. It would have technically meant a big stop loss and smaller volume. Perhaps this was not such an issue on m1. And would I have stayed in that trade for long enough? I wonder who did. What I noticed yesterday was that the descent was slow although steady. The effect would have been that a short trade on m5 would have kept stopping out if you were closing on touches back to the green red or blue lines. The moving average was so close to the wicks on the candles that's why. Whereas on higher TF eg m15 the alligator was a bigger distance from the price. I dont know why I am postulating all this theory because I haven't got the nerve to stick in a winning trade!
But I didnt get them
Wasnt watching at the time
Perhaps some other members did get them or some of them?
Also dubious whether in my m5 system the signals would have been valid, as at the immediate time before the breakout the aims box was 25 and more tall. It would have technically meant a big stop loss and smaller volume. Perhaps this was not such an issue on m1. And would I have stayed in that trade for long enough? I wonder who did. What I noticed yesterday was that the descent was slow although steady. The effect would have been that a short trade on m5 would have kept stopping out if you were closing on touches back to the green red or blue lines. The moving average was so close to the wicks on the candles that's why. Whereas on higher TF eg m15 the alligator was a bigger distance from the price. I dont know why I am postulating all this theory because I haven't got the nerve to stick in a winning trade!
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
I did come out of the day with about 20 pips for which I am genuinely grateful
With the euro soaring I'm jealous of anyone who rode the wave, (this isn't a website where people boast so much), but nevertheless glad I wasn't on the wrong side
And one of the beauties of Aims (Amy!) is the system just advises stay away at red news time, and is really a technical system which doesnt need to pay much regard for what the news is really saying.
However I thought I better find out the reason for such a surge today, and quite honestly it doesn't amount to much! And it shows how all the traders follow one another once a bit of momentum gets going. But will there be much carry through?
From Reuters:
The euro rose after the European Central Bank left interest rates unchanged and ECB President Mario Draghi offered no hints that more policy easing will be coming soon.
The ECB's policy restraint spurred selling in safe-haven German government debt and stoked bids for gold.
"The market's more positive and it owes a lot of that to the Chinese economic data," said Art Hogan, managing director of Lazard Capital Markets in New York, adding that the success of a Spanish bond auction also helped.
Spain's first debt sale of 2013 raised more money than expected at a lower borrowing cost than in a previous auction, sending benchmark Spanish bond yields to 10-month lows
With the euro soaring I'm jealous of anyone who rode the wave, (this isn't a website where people boast so much), but nevertheless glad I wasn't on the wrong side
And one of the beauties of Aims (Amy!) is the system just advises stay away at red news time, and is really a technical system which doesnt need to pay much regard for what the news is really saying.
However I thought I better find out the reason for such a surge today, and quite honestly it doesn't amount to much! And it shows how all the traders follow one another once a bit of momentum gets going. But will there be much carry through?
From Reuters:
The euro rose after the European Central Bank left interest rates unchanged and ECB President Mario Draghi offered no hints that more policy easing will be coming soon.
The ECB's policy restraint spurred selling in safe-haven German government debt and stoked bids for gold.
"The market's more positive and it owes a lot of that to the Chinese economic data," said Art Hogan, managing director of Lazard Capital Markets in New York, adding that the success of a Spanish bond auction also helped.
Spain's first debt sale of 2013 raised more money than expected at a lower borrowing cost than in a previous auction, sending benchmark Spanish bond yields to 10-month lows
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
Declaring my first trade of today to be a bad one
BTDTR
PS This market is a mess this morning (m5).
It shot up through top of rather a high aims box, and went a further 4 pips or so and retraced downwards fairly smart (09400 gmt onwards). Least I didnt get sucked in on that one.
Ewaves suggests that was a w5 and hit tz2 but a lot of the wave action whether it was 3 4 and 5 went on inside an aims box which hardly drew new levels
BTDTR again!
BTDTR
PS This market is a mess this morning (m5).
It shot up through top of rather a high aims box, and went a further 4 pips or so and retraced downwards fairly smart (09400 gmt onwards). Least I didnt get sucked in on that one.
Ewaves suggests that was a w5 and hit tz2 but a lot of the wave action whether it was 3 4 and 5 went on inside an aims box which hardly drew new levels
BTDTR again!
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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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
My consolation prize, a small win
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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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
And another little recompense
I dont trust this market, I havent felt it's going anywhere all morning
PS. I wrote to Immy about whether it is a bad idea to trade several bars after the DA, here's his reply
We do cancel our PO's if it does not trigger for some time, because AIMS Wave gets old and other things keep changing too.
He also rightly says I ought to make such dialogue public because PMs of this kind are wasted and the info might be helpful to others
I dont trust this market, I havent felt it's going anywhere all morning
PS. I wrote to Immy about whether it is a bad idea to trade several bars after the DA, here's his reply
We do cancel our PO's if it does not trigger for some time, because AIMS Wave gets old and other things keep changing too.
He also rightly says I ought to make such dialogue public because PMs of this kind are wasted and the info might be helpful to others
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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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
We can't win 'em all, I definitely missed the 70 pips rise at 1330GMT and wonder if it has got further to go, it's way out of all the projected fib lines by now!
And as I trade m5 it didn't yet have the look of a w5,
Also I dont know whether I would have traded it because of the height of the aims box (about 30) which has obviously repainted smaller since another fractal.
I may also be prevented from trading again now until a shorter aims box develops (currently none of the ascendancy is greyed out, but it will initially be about 80 high, and due to the purple line being miles down I would only be looking for longs any time today.......
Anyway glad not to be the wrong side of that spike
and amazed to say in spite of getting hurt initially I am about about 2.6pc up on my starting balance today.
If I could come out of all such chop like that and steadily make 2.6pc then like Immy, whose progress I hold in highest admiration, I would be at the stage I wouldnt be working for anyone else. But to do that I must not, I must not, I must not be greedy.
And as I trade m5 it didn't yet have the look of a w5,
Also I dont know whether I would have traded it because of the height of the aims box (about 30) which has obviously repainted smaller since another fractal.
I may also be prevented from trading again now until a shorter aims box develops (currently none of the ascendancy is greyed out, but it will initially be about 80 high, and due to the purple line being miles down I would only be looking for longs any time today.......
Anyway glad not to be the wrong side of that spike
and amazed to say in spite of getting hurt initially I am about about 2.6pc up on my starting balance today.
If I could come out of all such chop like that and steadily make 2.6pc then like Immy, whose progress I hold in highest admiration, I would be at the stage I wouldnt be working for anyone else. But to do that I must not, I must not, I must not be greedy.
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
I did a little long trade last night on Asian opening, EuroUsd. 6 pips.
In hindsight to have left something long running overnight would have been great.
Did a bit more since, but missed the 0800 short because was driving.
The rise since Thursday tends me to think the dollar is oversold and the euro is overbought, but I'm trying to forget that and go with the technicals which Aims give us.
And an add on long again just after 10000gmt including one which was neither setup1 nor 2 but justified as an 'addon' when price broke an aims level and crossed the purple line. I didn't deserve to win but it was a screaming buy. Only took one and a half minutes to get me 6 pips there too. However it was a setup 2 ok on m1 chart, so I'm wasnt entirely outside of rules.
Up about 4% on aggregate, since 2200 Sunday. If I could keep going like this...... without wanton risks.
PS Another 6 pips at 1045 approx. Gratefully picked up.
In hindsight to have left something long running overnight would have been great.
Did a bit more since, but missed the 0800 short because was driving.
The rise since Thursday tends me to think the dollar is oversold and the euro is overbought, but I'm trying to forget that and go with the technicals which Aims give us.
And an add on long again just after 10000gmt including one which was neither setup1 nor 2 but justified as an 'addon' when price broke an aims level and crossed the purple line. I didn't deserve to win but it was a screaming buy. Only took one and a half minutes to get me 6 pips there too. However it was a setup 2 ok on m1 chart, so I'm wasnt entirely outside of rules.
Up about 4% on aggregate, since 2200 Sunday. If I could keep going like this...... without wanton risks.
PS Another 6 pips at 1045 approx. Gratefully picked up.
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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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
Another short on m5
I targeted where there was a fib 61.8 tz1
5 pips in a couple minutes
I targeted where there was a fib 61.8 tz1
5 pips in a couple minutes
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."