Spyros' Journal

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Spyros
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Joined: 13 Jun 2012, 12:57
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Re: Spyros' Journal

Unread post by Spyros »

Thanks a lot mate.

It is a very nice feeling indeed. Very solid and profitable system.
Also, thank you for the kind words. I do not deserve such credit.

Most importantly, thank you everyone for the support and the help you provided so I can use this system with confidence. This is a really group of people to be part of.

:-bd :-bd
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immy
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Joined: 22 Nov 2010, 16:46
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Re: Spyros' Journal

Unread post by immy »

ssotiro wrote:Good morning all.

This was my trade for today. Entered at 1.26691 and exited at the "black" (yellow in my case) diamond for 20.5 pips. There two more trades earlier but they pretty much cancelled each other out.

I may be done for the day, but one never knows.

Happy trading all.
^:)^ (hug) (wd) (wd)

If this is your start what would be your end? Amazing... well done and now you know you've gotta do?

Rinse and Repeat .... Be a Brick Layer....
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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! 🍌
Spyros
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Joined: 13 Jun 2012, 12:57
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Re: Spyros' Journal

Unread post by Spyros »

Thanks for the uplifting words.

My aim now is to build up my confidence and start trading higher lot sizes. What I do everyday is leave the PC at home on. When I get back I look at all the setups for the day. I study them and I try to understand as much as I can.

Thank God the weekend is on its way.
Spyros
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Re: Spyros' Journal

Unread post by Spyros »

Hi,

This is -7 pips trade.

I entered short based on the 5min setup and exited at the diamond on the 1min.

You all have to pay attention at around 15.00 GMT time. This is the time I leave the office and exactly the time that the market starts to move. I always knew it in my heart that I was important, but I could not imagine that the market is waiting from my work PC to be off and then start moving.

I hope to meet you later with a + trade.
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Spyros
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Posts: 68
Joined: 13 Jun 2012, 12:57
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Re: Spyros' Journal

Unread post by Spyros »

Good morning all,

I missed a pretty good trade earlier, but you cannot catch them all.

This one, I locked profit at 5 pips and waited for the second TX level which never came. Still, adjusting the TP levels is always better than adjusting the SL ones.

Take care everyone.
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immy
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Re: Spyros' Journal

Unread post by immy »

ssotiro wrote:Good morning all,

I missed a pretty good trade earlier, but you cannot catch them all.

This one, I locked profit at 5 pips and waited for the second TX level which never came. Still, adjusting the TP levels is always better than adjusting the SL ones.

Take care everyone.

A very good trade my friend. I took that one. However I was aiming for 10-12 (thought I had missed putting fib expansion to plot Tz1 and Tz2 my exit was right at TZ1.

You said, "Still, adjusting the TP levels is always better than adjusting the SL ones"

I'd say to that, IMHO its never good to adjust SL and/or TP when in a trend unless you thought it was a mistake. Must always Trade the Plan and Plan the Trade!


Carry on you're doing well! May the Pips be with you!
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

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! 🍌
Spyros
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Posts: 68
Joined: 13 Jun 2012, 12:57
13

Re: Spyros' Journal

Unread post by Spyros »

Had this been a "normal" (in terms of lots) trade, I too would have exited at the first TZ with a prifit of around 10pips.

As for my coimment, I do not adjust SL levels. I meant to say that it is better to be stopped with profit than without.

I guess three years of living in the UK was long ago and my English skills are turning their back at me :(
Spyros
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Re: Spyros' Journal

Unread post by Spyros »

This is a trade from this morning. Exited at the first TZ for 9 pips.

Waiting for a new setup.

Happy trading everyone.
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Herbert
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Re: Spyros' Journal

Unread post by Herbert »

Neatly executed there Spyros. B-)
Herbert
Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
"Nothing wins more than superior research and preparation"
AIMS - The art of Trading markets successfully
Spyros
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Joined: 13 Jun 2012, 12:57
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Re: Spyros' Journal

Unread post by Spyros »

Thanks a lot Herbert.

There is a red dot at the moment, but I will pass, since I am missing the red arrow.
I wish you all the best for today.

Spyros
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