Ray's amnesty page

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wiseambitions
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Re: Ray's amnesty page

Unread post by wiseambitions »

27.8 pips on a long trade Dax m5 which I opened on fractal break, most s2 requirements being met, and ended on trailing stop

It was against purple, and so I didn't give it much breathing space until it was clear of the aims 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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immy
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Re: Ray's amnesty page

Unread post by immy »

wiseambitions wrote:27.8 pips on a long trade Dax m5 which I opened on fractal break, most s2 requirements being met, and ended on trailing stop

It was against purple, and so I didn't give it much breathing space until it was clear of the aims box
Correction: This is not an S2. Its a counter trend trade. Simple
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".

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wiseambitions
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Re: Ray's amnesty page

Unread post by wiseambitions »

wooops you're right, I'm half a sleep and square eyed this morning, I think I'll go to breakfast.

Semi-retirement at 54 does suit me quite well really, on 50 pips a day
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 »

41 more pips mainly in the 20 minutes to 12:20 BST Dax m5 add on. I don't know why I got out quite so early but it was an acceptable return
So I'm up about 70 today and it's lovely, given that currencies are hardly on the move

This chart is GMT.

I am not placing my trades on mt4 at the moment, using another dealer's own platform which gives me a fixed, better spread
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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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Nikita
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Re: Ray's amnesty page

Unread post by Nikita »

Amazing catch!
Who says we cannot predict, you can, thats not a problem, problem is how you react after you've predicted. (c) Immy
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wiseambitions
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Re: Ray's amnesty page

Unread post by wiseambitions »

Thanks Nikita

Last trade of the day just now. I was too greedy and too hopeful, it just didn't seem to have a lot of momentum

DAX M5 s1, away from purple. Went back to the green line, BE

I could have had 10 pips at least if I took what it offered. Can't win em all
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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 »

After 3 days, one of which was meant to be a bank holiday, I have been reviewing the week.

As per Dax, which is the one I'm most often trading, 9 sessions and 216 pips, meaning 24 pips per go.
All I will say about returns is "more than 25%"

I would say my focus has been pretty intense and I am determined to follow the system, by which I mean to be quite sure of my entries being valid, to let the winners run, and to keep a close eye on money management. It is so much worth it :)
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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Nikita
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Re: Ray's amnesty page

Unread post by Nikita »

25%. What a result!!!
I m just dreaming about monthly statement to be equal 25%.
Just keep them comming!
Who says we cannot predict, you can, thats not a problem, problem is how you react after you've predicted. (c) Immy
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wiseambitions
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Re: Ray's amnesty page

Unread post by wiseambitions »

Hi Nikita. I'll tell you a little which may help you about my experience with Aims.

I think it was about September 2012 when I joined.

On my first trading day I concentrated solely on euro, in one time frame. I only had the basic indicators, eg AO, Aims Box, Aims Alert, Gator, and price bars of course.

I had nothing to do all day, and I just bought and sold I think it was on m1 and followed the system, taking losses and gains, and not worrying about my capital, just trading 1 lot or whatever it was on the day.

By 6 pm I think I'd made over 50 pips. Whatever it was the return was phenomenal, it might have been 10 per cent.

In subsequent days I didn't do too badly, but I started going back to my old ways, for example having squawk box with news coming in, and also superimposing old favourite indicators.

Guess what though, until I forgot about all of that I never did so well as my first day.

I will guarantee that if you do what the system tells you, so long as you are in a pair that moves and at usual trading hours (the opposite of which would be to trade ft100 all night!), you'll do ok. Just shut out the distractions and almost forget everything else you have ever learned. Don't even worry about Elliott waves and fib lines. The setup is still capable of sorting out all of that!

I still remind myself to try and see trading more simply, and when I get the message I actually get better results from it!

Best wishes.
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 »

This morning (on Dax) has been frustrating, following m5, and I got a positive result for actually bending three or four rules.

What happened was there was a continuation at FO of an uptrend started last evening, and the effect of this with m5 was that the alligator didn't want to go to sleep, and the AO remained positive.

After 3 or more hours I saw a possibility of a short trade, at a time when the Aims box had reduced from about 50 to 10, although the alligator MA lines had not crossed, nor even touched.

The short opened on a PO, with a bit of slippage, and an auto SL of 20 got set. Within minutes the price went back in the aims box and even jumped out of the top, however I just had this hunch that the price was not going to hold up, so I stayed in the trade

At one point it then fell through the bottom of m5 and then m15 aims levels and went to about 20, perhaps more, in profit, towards purple.

I SHOULD HAVE KNOWN IT USUALLY BOUNCES OFF THE PURPLE!
My aim was to stay in until I got an opposite DA.

Anyway the fast move down was a spike which did not last 5 minutes and retraced powerfully. I probably ignored one DA and suffered quite a lot of ranging in that price, which thankfully stayed the better side of break even, then at 12:00 London time I saw it fall again rapidly and pulled out with 15 pips.

Counting the number of rules I broke though, I think actually it's more than 4.

On the chart I haven't added the line, but I opened at the break of aims at the left hand side and the last bar is where I got out......
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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