- Search Crypto Craft
- chiba_san replied Apr 16, 2014
this is CLEARLY, one of the most unclear threads I don't care either journal or method related here. The ONLY reason there should or would any interest is the claim that he is trading 1M-5M LIVE (100USD-500USD per pip). It does not take even 500 ...
My GBPJPY trade journal
- chiba_san replied Apr 11, 2014
I have also come to the conclusion that for this to work, price MUST move. And because you lose time, it can be fairly devastating to your trading career if the following were to happen: a currency is at 1 dollar. In 6 months time, it moves 1000 ...
Building an equity millipede
- chiba_san replied Apr 7, 2014
Much respect to you 60minuteman. I've spent at least 15 hours reading all yours posts. Thank you for your contribution to FF.
Weekly/h4 trend trading - flow
- chiba_san replied Apr 6, 2014
Edit: Based on this post (which was one of Graeme's last ones) and Peter Crowns 41 posts (a trader Graeme has made reference to in the past)... I have come to the following conclusion: Enter 2 positions. Exit half at 1:1 or 2:1 or 3:1 NEVER change ...
Building an equity millipede
- chiba_san replied Apr 4, 2014
In your example, yes. Have a look at the majors on the past two days. So ugly...
The DIBS Method... No Free Lunch continues
- chiba_san replied Apr 4, 2014
the trading hours of 2pm-11pm are the most active. it creates the greatest range of the day (obviously). it also creates all the whipsaws. Before news, obviously we have inside bars due to indecision. Everyone is waiting. Then when the news comes ...
The DIBS Method... No Free Lunch continues
- chiba_san replied Apr 3, 2014
I want to know how DIBS handles news. There are more and more whipsaws. Even if it goes the right way, there is so much whipsawing. just look at these news wicks. nobody can trade it. they shake you out and make sure they are long enough to do so.
The DIBS Method... No Free Lunch continues
- chiba_san replied Apr 1, 2014
maybe because it was going down and you figured you were getting in early on a retrace good luck! could work
Central Banks & Big Players
- chiba_san replied Mar 31, 2014
don't be a smartass, punk. i cut it at 11:15 as I said I would which happened to breakeven. and then I took a down trade after the whipsaw, which did nothing at all and closed for a couple of pips.
Central Banks & Big Players
- chiba_san replied Mar 31, 2014
absolutely not. buyers were wiped out immediately. Sellers have now been wiped out. Who's going to move it back down? I'll close the position 1 hour from now before the AUD high impact news.
Central Banks & Big Players
- chiba_san replied Mar 31, 2014
That's.... simply amazing... you called the TP price 7 minutes before the release. Okay, I am calling it NOW. I am Buying (not because you said so) because buyers got wiped immediately. sellers probably set a SL to BE or slightly behind after it ...
Central Banks & Big Players
- chiba_san replied Mar 31, 2014
you will short? How much? I wont do it as I don't understand the psychology behind it. But good luck! If it get down there.... THEN I may short further since buyers are ALREADY gone, so why drive it so deep unless it's the intended direction?
Central Banks & Big Players
- chiba_san replied Mar 31, 2014
21:33, 5 full lots. BUY AUD/USD Will close it within 10 minutes prior to HSBC news. edit: Straddle sellers are long gone. Buyers are still in unless they got bored. They probably moved their loss to break even or slightly below. Price doesn't appear ...
Central Banks & Big Players
- chiba_san replied Mar 31, 2014
I think win or lose, if you are in it for the long term... why not use an ECN like Interactive Brokers. I think there's simply too much hassle dealing with some of these brokers...
Central Banks & Big Players
- chiba_san replied Mar 31, 2014
i was an idiot. An idiot! Why did i exit? i deserve a punch. the only thing that can make me happy is if it magically drops 55 pips from this moment for no reason at all so that I look lucky
Central Banks & Big Players
- chiba_san replied Mar 31, 2014
Both sellers and buyers have been taken out. That +30 pips whip back UP at the gate would have taken out any straddle traders who had initially guessed correctly at the gate. I am going in with 3 full lots BUY right now. TP/SL 30 pips. If neither ...
Central Banks & Big Players
- chiba_san replied Mar 20, 2014
is the entry the lowest or highest of the engulfing bars BODY or it's wick? If it's the wick, what if that wick is not breached until several bars later? edit: sorry, I've re-read and it should be the body + wick. My question is what if there was no ...
Simple, Non-subjective, Consistent, Effective
- chiba_san replied Jul 3, 2012
thanks for reply. let me analyze myself further what you've said
Trade what you see NOT what you expect
- chiba_san replied Jul 3, 2012
Trader131, did u take the trade cuz it looked like a reverse pinbar to u on m15?
Trade what you see NOT what you expect