Thanks to a lovely little win worth 2.8% ROI I have achieved the target for today, and I'm going to relax now
It seems quiet lately, here, and on other blogs, and in the markets, I know the range on Tuesday was thin, maybe not many people trading
good luck guys
Ray's amnesty page
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wiseambitions
- AIMSter
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- Joined: 17 Sep 2012, 21:36
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Re: Ray's amnesty page
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."
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Ray's amnesty page
Ray!
Well done again... We've been busy trading, in teh skype room loads of trading going on, perhaps even when we should not have...
but today its been Phantatic!
Well done again... We've been busy trading, in teh skype room loads of trading going on, perhaps even when we should not have...
but today its been Phantatic!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!
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
Interesting stuff, Immy.
EURUSD saw a significant turn around today. I could see something likely to happen looking at the h4 chart, where although the gater still had his mouth wide and was climbing, the parabolic SAR dot got hit and swung the other way at 1000GMT (bearish sign).
Aims has been right, and those who were following the downturn would have been the right side of the trend on whatever TFs I work with (m5, m15 etc). I think subsequently h1 has rolled over, while h4 teases the green line and hasn't really said quit yet although it has now signalled a fractal on the 0600 candle.
EURUSD saw a significant turn around today. I could see something likely to happen looking at the h4 chart, where although the gater still had his mouth wide and was climbing, the parabolic SAR dot got hit and swung the other way at 1000GMT (bearish sign).
Aims has been right, and those who were following the downturn would have been the right side of the trend on whatever TFs I work with (m5, m15 etc). I think subsequently h1 has rolled over, while h4 teases the green line and hasn't really said quit yet although it has now signalled a fractal on the 0600 candle.
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."
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
Thursday morning
I watched the EU chart for more than half an hour, thinking it was calm, like a mill-pond
Due to this the MAs were converged. On m1 and m5 the alligator was asleep, on higher TFs up to h4 it was still trending downwards, so I looked for a short signal
0715GMT. Out with 8 pips (more than 2% ROI) in about 5 minutes
over 12pc so far this week.
That's my daily target, and I will probably not move again today unless I see a convincing set up while not busy with other things
Although I traded on m5 I've drawn the attached chart on m1 to accentuate the speed of things.
Good luck guys
I watched the EU chart for more than half an hour, thinking it was calm, like a mill-pond
Due to this the MAs were converged. On m1 and m5 the alligator was asleep, on higher TFs up to h4 it was still trending downwards, so I looked for a short signal
0715GMT. Out with 8 pips (more than 2% ROI) in about 5 minutes
over 12pc so far this week.
That's my daily target, and I will probably not move again today unless I see a convincing set up while not busy with other things
Although I traded on m5 I've drawn the attached chart on m1 to accentuate the speed of things.
Good luck guys
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."
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
I did another little trade in the NY session and stayed in for 1pc ROI, wish I just trailed the alligator down hill!
Unfortunately I had system disconnects with my broker and i suffered the agony of not being able to get in the trade as soon as I would have liked
I havent worked out whether the problem (metatrader) was my VPS in general or the particular broker chart which I wanted to trade on, because I could get other charts up OK. I have been considering whether I'm short of RAM on my VPS however on the advice of another member I managed to free up some memory capacity by closing down internet explorer on that system and this made a noticeable difference. I also reboot the VPS periodically in the belief that Windows slows down the longer you leave it running.
Tomorrow (Friday), NFP, I shall be in London most of the day, hopefully meeting some of my colleagues who are also avid traders, at Christmas Dinner, however this prevents me making or losing anything on the news. However what I wanted to share with you all was my recollection of the events in October and November. Aims got it right if you waited until about 5 minutes after the stats come out and the madness has sorted itself out........
So while a lot of veterans might tell us NFP is a trader's holiday, we might have something here which can still make us money in all the mayhem
Unfortunately I had system disconnects with my broker and i suffered the agony of not being able to get in the trade as soon as I would have liked
I havent worked out whether the problem (metatrader) was my VPS in general or the particular broker chart which I wanted to trade on, because I could get other charts up OK. I have been considering whether I'm short of RAM on my VPS however on the advice of another member I managed to free up some memory capacity by closing down internet explorer on that system and this made a noticeable difference. I also reboot the VPS periodically in the belief that Windows slows down the longer you leave it running.
Tomorrow (Friday), NFP, I shall be in London most of the day, hopefully meeting some of my colleagues who are also avid traders, at Christmas Dinner, however this prevents me making or losing anything on the news. However what I wanted to share with you all was my recollection of the events in October and November. Aims got it right if you waited until about 5 minutes after the stats come out and the madness has sorted itself out........
So while a lot of veterans might tell us NFP is a trader's holiday, we might have something here which can still make us money in all the mayhem
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."
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
I missed action between 5 and 6 am, while still resting, and looked at the screen for about an hour from 0615 GMT looking for a valid signal on EURUSD m5. The alligator wouldnt chew nor go to sleep!
Anyway I saw a breakout downwards before the dot alert showed up, and noting the aggression of the selling going on at that time I did a minor violation of the rules and entered a small trade just half the usual volume for a few pips, and made just over 1pc.
Brings my total for the week to 15.2 pc which I guess many city traders would be more than happy with from a whole month! My affection for this system is as strong as ever
I've had a few problems with trade execution. Perhaps my broker doesnt like me any more. It tells me to wait for the dealer's answer, and that never used to happen (he's market maker not ECN/STP). I suffered about 5 pips slippage during all that, and wheres I had wondered if it was my VPS and am still experimenting there I think now it's the broker. Unfair to name him it is not often like this.
Off now to London, to a banquet, posh clothes all sorted, no more trading for me today, have a happy NFP guys!
Anyway I saw a breakout downwards before the dot alert showed up, and noting the aggression of the selling going on at that time I did a minor violation of the rules and entered a small trade just half the usual volume for a few pips, and made just over 1pc.
Brings my total for the week to 15.2 pc which I guess many city traders would be more than happy with from a whole month! My affection for this system is as strong as ever
I've had a few problems with trade execution. Perhaps my broker doesnt like me any more. It tells me to wait for the dealer's answer, and that never used to happen (he's market maker not ECN/STP). I suffered about 5 pips slippage during all that, and wheres I had wondered if it was my VPS and am still experimenting there I think now it's the broker. Unfair to name him it is not often like this.
Off now to London, to a banquet, posh clothes all sorted, no more trading for me today, have a happy NFP guys!
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."
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Ray's amnesty page
Ray!
If you're with a small broker, your lot size may have now gone past their higher limit and if you were raising your account with this speed they will notice it. I've had this problem when I raised my account 466% during Nov 2010. (hug) You are a victim of your success !
Keep up the great trading... but don't forget after todays trade, you cannot be called disciplined.
Have a great NFP day and wonderful weekend!
If you're with a small broker, your lot size may have now gone past their higher limit and if you were raising your account with this speed they will notice it. I've had this problem when I raised my account 466% during Nov 2010. (hug) You are a victim of your success !
Keep up the great trading... but don't forget after todays trade, you cannot be called disciplined.
Have a great NFP day and wonderful weekend!
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!
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
Hi, I'm disciplined because you told me off
2.7pc this morning
2.7pc this morning
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."
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
I had my best trade ever today by sticking with the trend on higher TFs and babysitting the session.
Chart attached.
However I have to admit to some stupid mistakes of my own which in the last couple days have cost me dearly. We all make them, but the message is that one must be in the right frame of mind and mindful of the rules before making trading decisions. I won't put them up now but accept all the necessary admonishment. Need to approach trading with a clear head, and no loyalty to a currency etc......and stick to the strategy
Good luck guys
Chart attached.
However I have to admit to some stupid mistakes of my own which in the last couple days have cost me dearly. We all make them, but the message is that one must be in the right frame of mind and mindful of the rules before making trading decisions. I won't put them up now but accept all the necessary admonishment. Need to approach trading with a clear head, and no loyalty to a currency etc......and stick to the strategy
Good luck guys
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."
-
wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Ray's amnesty page
Yet another trade I exited too soon
I was munching meusli at the time and could have baby sat it better
anyway another +5%
If I had a few days like this a week, I'd be well on my way!
I was munching meusli at the time and could have baby sat it better
anyway another +5%
If I had a few days like this a week, I'd be well on my way!
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."