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mike w replied Aug 10, 2010Heck yeah brother! Leos for life! haha There is nothing wrong with B/Es, that's for sure. I'm still testing the last part too. It's been tedious to say the least lol It's such a difficult thing to gauge really. Some days, you'd end with 5 B/Es that ...
MW's trading journal
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mike w replied Aug 10, 2010Nice setup brother, I got in at the exact same price lol Have a good one my man!
MW's trading journal
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mike w replied Aug 10, 2010If you feel more comfortable watching 2 pairs, then do that by all means. If you're not comfortable, it's going to be reflected in your results for sure. There are more than enough setups on 2 pairs to do just fine. Have a great day!
MW's trading journal
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mike w replied Aug 10, 2010Just closed the nzd/usd short for a gain of 115 pips. I've just been running the 5 minute setups all day other than that however. Not much to it but to do it!
MW's trading journal
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mike w replied Aug 9, 2010Alifari, how's it goin?! And yeah sure thing, this is Golfer's post over in Phil's thread. The last indicator in there is the smaangle. The post after this one has the template that I'm using as well. url
MW's trading journal
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mike w replied Aug 9, 2010Ahhhh, phenomenal weekend. Now it's back to it and I'm really waiting to see what happens for G/U at 1.60. Other than that, I placed a short on the nzd/usd which is already set up at B/E. Back to the 5's.
MW's trading journal
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mike w replied Aug 6, 2010Well, I got stopped at B/E this morning and IMO, that was the best thing to happen. I've seen NFP make the charts go haywire in the past and so I'm happy with my decision on that. It looks like we had a drop on most of the yen pairs, but they are ...
MW's trading journal
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mike w replied Aug 5, 2010url Read the whole thing and then read it 5 more times. If you can't do that, you won't become a trader IMO. It really is that simple and more than likely, you are overcomplicating things until they are just frustrating.
I am demotivated...
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mike w replied Aug 5, 2010HAHA awww mikey, you would look so cute with your "life partner" in the wedding photos.
james16 Chart Thread
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mike w replied Aug 5, 2010I'm going to be trying to get to B/E on that aud/jpy pair before the news comes out tomorrow. I'm also exiting the chf/jpy here for a gain of 51 pips from the other day. I refuse to get busted because I was too stubborn to close out a position ...
MW's trading journal
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mike w replied Aug 5, 2010Well, price has moved an all of 22 pips in 4 hours. lol That's why I don't trade the dailies very often anymore; You can make the same amount of money in 20 minutes as you can in two days if you wait until the market is primed on lower timeframes. ...
MW's trading journal
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mike w replied Aug 5, 2010Here's a fib based setup on the daily chart. We had a break above on the aud/jpy and then dropped back into the bar, now we're sitting at 61.8 of the move (I know the fibs are backwards, but it doesn't matter in the least). My entry on this will be ...
MW's trading journal
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mike w replied Aug 4, 2010Hey Scott, how's it goin my man? That's a tough break on the usd/jpy trade for sure. It would have been a great trade if your broker hadn't widened the spread and honestly, I don't know of too many ways to counter that without taking on larger ...
MW's trading journal
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mike w replied Aug 4, 2010Those look good to me brother, you would have made one loss if I'm not mistaken and the rest would have been gains. Also, if you see a pinbar at the 50 ma, it's tradable as well. There are two pins at the 50 sma that were solid setups on the usd/cad ...
MW's trading journal
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mike w replied Aug 4, 2010I'd also have to say that I think we broke through that PPZ on the chf/jpy as well. That's a plus.
MW's trading journal
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mike w replied Aug 4, 2010Yeah, it was looking nice and that news just took it to the moon at that. I'd kinda be surprised if they didn't already begin to really. I traded the aud/jpy on the 5 minute setups today and also the cad/jpy (which got stopped out) and the chf/jpy ...
MW's trading journal
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mike w replied Aug 4, 2010That's it too my man. I've actually already read through Skunny's thread multiple times so I'm not too uninformed on fibs, I just haven't put them into effect yet really. Bobokus is the man too, I've read through a lot of his fib based material. ...
KissFan's Trading Journal
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mike w replied Aug 4, 201012!? Damn man! That's a ton lol I check around 8 at the most on the 5 minute, but only because I can't keep up with more than that. If most pairs are ranging, I'll sometimes pull up another to see how it's rolling along though. As for letting them ...
MW's trading journal
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mike w replied Aug 4, 2010I've been testing since late last night Roger. I don't think I've slept for more than 2 hours man...All I can say is wow. A LOT of the trades that I've taken that ended up as losses would have closed as gains. This is money Roger, I don't even think ...
KissFan's Trading Journal
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mike w replied Aug 4, 2010Sure thing man and nice setups too brother! I've been in and out of the aud/jpy all day long (1 loss and 5 gains). I was in denial about my cad/jpy trade or I would have been in on it as well (Funny how our mind will only perceive what it wants eh? ...
MW's trading journal