Nitin's Journal
- Nitin
- Free Member
- Posts: 161
- Joined: 11 Feb 2012, 17:10
- 13
Re: Nitin's Journal
Today's first trade on UJ 5 Min, entered above the 15 high.
Result +18 pips.
Result +18 pips.
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- immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Nitin's Journal
This was a great setup. We looked at it too but for some reason decided not to trade it. That some reason was 1. higher time frame was nicely open but looked like diverging 2. there was resistance to the left on h1 and h4. but it smashed through it. Was repenting later but whats gone is gone NEXT.
Well Traded!
Well Traded!
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: Nitin's Journal
well done nitin! I was debating this one, looking back it worked well. at the time I couldn't decide which way it was going to go so I passed and waited. I have just taken +7.8pips on UJ long 1min.. a 52min trade! well done anyway mate I hope you got a tight initial stop and a good reward! =)
'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
- Nitin
- Free Member
- Posts: 161
- Joined: 11 Feb 2012, 17:10
- 13
Re: Nitin's Journal
2nd trade of the day, Eur/Gbp 5th wave turned into new 3rd wave, +7 pips
Regards
Nitin
Regards
Nitin
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- immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Nitin's Journal
Nitin
I can see the effects of trading in a group manifesting nicely! Well Done! If you promise that you'd keep trading like this, I can almost guarantee you a seat in the next space flight via Virgin Atlantic Space Ship!
(*) (wd)
I can see the effects of trading in a group manifesting nicely! Well Done! If you promise that you'd keep trading like this, I can almost guarantee you a seat in the next space flight via Virgin Atlantic Space Ship!
(*) (wd)
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!
- Nitin
- Free Member
- Posts: 161
- Joined: 11 Feb 2012, 17:10
- 13
Re: Nitin's Journal
Morning, first trade of the week on UJ 5 Min, fifth wave turned into third wave, exit on oppsoite dot.
result +11 pips
Regards
Nitin
result +11 pips
Regards
Nitin
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-
- Free Member
- Posts: 405
- Joined: 22 Dec 2011, 21:11
- 13
Re: Nitin's Journal
Beautiful trade Nitin well done.
The forex market will pay you well for discipline.
- Nitin
- Free Member
- Posts: 161
- Joined: 11 Feb 2012, 17:10
- 13
Re: Nitin's Journal
Thank U Richard I m learning from some senior traders here(As like you).Topher wrote:Beautiful trade Nitin well done.
two rent trades on GU -11 and -5 so total -16 pips. Say Next!!!
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- immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Nitin's Journal
incrediblenitin wrote:Thank U Richard I m learning from some senior traders here(As like you).Topher wrote:Beautiful trade Nitin well done.
two rent trades on GU -11 and -5 so total -16 pips. Say Next!!!
It was not a bad setup on GU, I probably would have passed on it, because the third wave down was not as beautiful as I like. The candles have too big wicks, not aesthetically pleasing chart. Plus more importantly the H1 Low level was a thing to look at. Anyway NEXT is the Call!
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!
- Nitin
- Free Member
- Posts: 161
- Joined: 11 Feb 2012, 17:10
- 13
Re: Nitin's Journal
Fourth trade of the day on AU, closed at breakeven after Ao diverged.
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