@ noon Tuesday 8
Watching Cable GBPUSD H4
Strong support at 1.2378 .... which if broken I think means we go down more. Therefore also watching faster TFs
Ray's amnesty page
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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
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Re: Ray's amnesty page
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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acceleratum
- Posts: 597
- Joined: 03 Nov 2015, 14:38
- 9
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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
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Re: Ray's amnesty page
2pm GMT Short trade on Cable opened. SL = GL of H1
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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immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Ray's amnesty page
You must have forgotten what you've been talking about last 2 days or so... hehehe
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!
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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
The British financial trader, dubbed as the "Hound of Hounslow" is facing 30 years in prison after admitting to helping trigger a Wall Street "flash crash" in 2010. Navinder Singh Saroa admitted wire fraud and spoofing for his role in the crash that wiped tens of billions of pounds off the value of US shares.
Spoofing is where traders place false orders using an automatic system in order to create an impression of demand, pushing prices up.
The 37-year-old was sent to the US in October after losing a challenge against extradition.US authorities claim he earned up to $40m (£33m) through his activities. Sarao initially faced 22 charges which carry sentences totalling a maximum of 380 years.
He will be released on a $750,000 bond and allowed to return to the UK and family members offered their homes as security.
Spoofing is where traders place false orders using an automatic system in order to create an impression of demand, pushing prices up.
The 37-year-old was sent to the US in October after losing a challenge against extradition.US authorities claim he earned up to $40m (£33m) through his activities. Sarao initially faced 22 charges which carry sentences totalling a maximum of 380 years.
He will be released on a $750,000 bond and allowed to return to the UK and family members offered their homes as security.
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
Hopefully it will stay a good winner, but I've been short on GBPAUD since early this morning, it's just about to breach the support on h4.
Have been trading H1 all the month so far, fairly leisurely, all on currencies, mainly on s1 principles. I watch 6 to 10 pairs, and one of the things I feel a good filter is that the Aims box isn't to be greater at time of entry than 50% of the 5 day ADR for whatever pair. I had never thought of that one before, perhaps I'm being stupid but it has helped keep the PF up, to an embarrassingly good 5.7
I haven't even touched equities or gold, however the returns aren't bad, I'll say +12% already. Onwards and upwards.
Have been trading H1 all the month so far, fairly leisurely, all on currencies, mainly on s1 principles. I watch 6 to 10 pairs, and one of the things I feel a good filter is that the Aims box isn't to be greater at time of entry than 50% of the 5 day ADR for whatever pair. I had never thought of that one before, perhaps I'm being stupid but it has helped keep the PF up, to an embarrassingly good 5.7
I haven't even touched equities or gold, however the returns aren't bad, I'll say +12% already. Onwards and upwards.
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
Noticed there was a TZ1 on m5 and m15 about 11am and decided to tighten down the SL and get out with +127 pips. Perhaps I'm not even following my own system very well, but 2.5 and more % ROC could not be allowed to fade back to nothingness when I have other work to do today
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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baldeagle
- AIMSter
- Posts: 119
- Joined: 28 Aug 2015, 17:21
- 10
Re: Ray's amnesty page
Ray,
Glad to see you have moved to more leisurely trading and having good success. As some of your trading is now currencies I will be more interested in your success.
We in the US got a reduction on our leverage on all GDP pairs last week. We are now down to 20:1 leverage! I have hope that things are about to change for the better with a new president and less regulations. I hope the change will be for the better for everybody.
Ed
Glad to see you have moved to more leisurely trading and having good success. As some of your trading is now currencies I will be more interested in your success.
We in the US got a reduction on our leverage on all GDP pairs last week. We are now down to 20:1 leverage! I have hope that things are about to change for the better with a new president and less regulations. I hope the change will be for the better for everybody.
Ed
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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
20:1 would be a bit restrictive, I'd like to always have 50:1, 75:1 preferably 100:1 unless trading high timeframes, it wouldn't give enough leeway to do 2% risk on 12 pips SL.
There was a temporary restriction here from Friday night to Wednesday night with most brokers but it was lifted 36 hours ago, and back to normal.
Interested to see if your new government will loosen some of the regulation which surely has been restrictive on enterprise and general trading as well as "our sort of trading". We would not weep to see fewer regulations over here either, it just adds a layer of beaurocracy against the people actually producing anything in the first place.
There was a temporary restriction here from Friday night to Wednesday night with most brokers but it was lifted 36 hours ago, and back to normal.
Interested to see if your new government will loosen some of the regulation which surely has been restrictive on enterprise and general trading as well as "our sort of trading". We would not weep to see fewer regulations over here either, it just adds a layer of beaurocracy against the people actually producing anything in the first place.
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
Just a few thoughts
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."