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hilmy83 replied Jan 19, 2007trading is a battlefield between the bears and the bulls. If you follow the rules laid down by sun tzu, you will do fine.
Trading and Police Work
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hilmy83 replied Jan 18, 2007Well, here is the 20 trades (61-80) results Total trades 20 Net pips -78 Average R -0.1334 Average days 2.25 % Win 35% Average pips won 66 pips Average pips loss 41 pips Net pips thus far (trades 1-80) 1110 pips This was my first attempt to trade ...
100 Trades Analysis
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hilmy83 replied Jan 18, 2007whole line of losing trades to record here. USDCHF just made me laugh when I saw it ended in another indecision. WTF are these fools waiting for??!?!? Trade #81 EUROUSD Stopped @ 1.2904 Net pips: -20 pips R: -0.30 Trade #82 USDCHF Stopped @ 1.2526 ...
100 Trades Analysis
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Nice trend indicator
Started Jan 17, 2007|Rookie Talk|1 reply
the indicator plots possible trendlines AND possible support/resistance for you the properties ...
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hilmy83 replied Jan 17, 2007You are absolutely right about waiting for confirmation. Steve, Greg, and everythign that I've read have urged traders who trade off candlesticks to consider the whole picture AND wait for confirmation. I don't know why I keep going against this ...
100 Trades Analysis
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hilmy83 replied Jan 17, 2007Trade #85 GBPUSD Stopped @ 1.9677 Net pips: -69 pips R: -1.00 Trade # 87 AUDUSD Stopped @ 0.7860 Net pips: -33 pips R: -0.82 And updates image
100 Trades Analysis
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hilmy83 replied Jan 17, 2007oh yes it is clear. let's say it's a year from now and you find your system to be workable (which I don't doubt at all. I believe all systems are effective given the right trader). Would you consider risking more on good setups? or will you stick to ...
Steviet's Live Trades!
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hilmy83 replied Jan 17, 2007hey steviet, I would like to know how you manage your risks on each trade. Do you use fixed risk percentage based on your available equity? if so what percentage? or is it variable based on parameters of your system?? thanks
Steviet's Live Trades!
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hilmy83 replied Jan 17, 2007I actually thought about using SRDC method of drawing resistance/support lines. I would draw horizontal lines on open,close,high,low on the last candle on monthly and weekly. And use candlestick formations on daily for set-up. I just thought of it ...
Question on SR Lines and Price Action
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hilmy83 replied Jan 17, 2007Well so far, I've had consistent losers than winners!
And at the same time, I was reading Greg Morris' book 'Japanese Candlestick Charting Explained', at the end where he interviewed a successful japanese trader. I have taken a lot of good ...100 Trades Analysis
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hilmy83 replied Jan 16, 2007Alright some updates Trade #79 USDCAD Stopped @ 1.1726 Net pips: -24 pips R: -0.63 Trade #83 USDJPY Stopped @ 120.71 Net pips: -27 pips R: -1.00 image Trade #84 USDCHF percent risk: 1% Trade #85 GBPUSD percent risk: 2% Trade #86 USDCAD percent ...
100 Trades Analysis
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hilmy83 replied Jan 16, 2007damn it..USDCAD got stopped out from this oil/gold business..I'm looking for another short pattern to emerge. and USDJPY is most likely stopped out. Apparently it has a little bit of steam left. So I'm looking for short patterns as well. EUROUSD and ...
100 Trades Analysis
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hilmy83 replied Jan 16, 2007i'm actually using this technique now, using candlestick formations around those weekly trends..not doing good right now cause i either jump into trades too early without confirmation..it's a fear/greed factor lingering
The Daily charts are KEY
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hilmy83 replied Jan 15, 2007USDCHF image So I'm showing people out there how I come up with these craaaazy trades. So first I draw some basic trendlines on the weekly. We see here that USDCHF is reaching 2 potential resistance trendlines. image This is the USDCHF daily. So ...
100 Trades Analysis
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hilmy83 replied Jan 15, 2007you and me both..i use pivot indicators that show monthly, weekly, daily pivots to help me out...but still would be nice to have S/R skills
Question on SR Lines and Price Action