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- Lovinit replied Apr 20, 2011
Hey thanks darendse and beyon! Here's my start of day analysis. USDCHF has reached its weekly fib target at 127.0...so there'll be lots of profit taking here...and we may have reached the end of the down move, lets see. No trades for me today on ...
- Lovinit replied Apr 20, 2011
Thanks Dcb
- Lovinit replied Apr 20, 2011
Got my first profit target on EU...182 pips. 3.5:1 RRR. Second profit target a long way off, probably take a day or two to get there. EF long still progressing nicely. UF dropping fast, but still not sure about an entry on that one. Not low risk ...
- Lovinit replied Apr 20, 2011
Thanks darendse. Well my USDCHF got stopped out, and it looks like now it may go down to break the low. I'm standing aside for now to see what happens. The EU and EF still going well.
- Lovinit replied Apr 19, 2011
I trade like that. I have modified the fib settings to give me targets for 138.2, 161.8 etc etc. I use the H4 and Daily for my context and enter on the H1. So I draw H4 and Daily fibs depending on the best fit, then I set my first target at the H4 ...
- Lovinit replied Apr 19, 2011
Woke up this morning to see the EU and EURCHF trades doing very nicely. EU daily chart, yesterday's candle closed as a nice railroad crossing back up above support/21 EMA. We had a 38.2 retrace on the daily, so my second profit target has been ...
- Lovinit replied Apr 19, 2011
Well my USDCHF trade going nowhere fast...reluctant to break the high, but as we are still getting higher highs on the H1 I wait in expectation. I just entered long on the EU and EF, and they have already taken off. Looks like my prediction for the ...
- Lovinit replied Apr 19, 2011
Thanks darendse...good to see through your eyes. Am already long on the UF, and waiting to go long on the EU and EF when the set up comes. My GU second part of the trade got stopped out at breakeven. My AU short is looking a bit perilous, but my ...
- Lovinit replied Apr 19, 2011
Hey darendse Thanks for your analysis. Can you show a pic of your Swissy flag on H4?
- Lovinit replied Apr 18, 2011
Try listing on paper all the reasons (limiting beliefs) why you think you don't make these decisions in real time with real money. Don't stop at 5 or 6 reasons, keep digging till you get 10 reasons. Then zap each one with clear headed reasons. It ...
- Lovinit replied Apr 18, 2011
New obstacles every week...lol! When I find a way to overcome one, the next one springs up! So...the major one was not having a decent system. When I finally got a good system, I realised what a good system looked like (when you haven't found a good ...
- Lovinit replied Apr 18, 2011
Very interesting thread guys! Was good to know what caused the horrifying spikes yesterday, thanks Beyon. Fortunately I didn't get knocked out. I am trading 3 pairs live and a few pairs on demo. I enter my trades on the H1 chart, but reference the ...
- Lovinit replied Apr 15, 2011
Hey smilemiz...liked your analysis of the EU...was spot on! (sorry don't trade the GU so can't comment on that one)...keep 'em coming!
- Lovinit replied Apr 12, 2011
Dice, you ask your 'philosophical' question like you really want to know the answer, but then when you get loads of possible answers all you want to do is disregard them...well if you think the answers are worth so little and you are not open to ...
- Lovinit replied Apr 12, 2011
Hi Wizard Just to say I really liked your webinar, sorry I had to leave part the way through, but very interesting. Very nice of you to share your method and insights.
- Lovinit replied Apr 12, 2011
I am a she, by the way, not a he. I hang out on forex factory because in between candle closes I need some diversion ...so I come here for some distraction, and also one is ALWAYS learning (which is why I was interested in the weekend webinar), the ...
- Lovinit replied Apr 12, 2011
Because you can't just replicate someone else...the reason why people can't follow someone else's system is that each trader's eyes see different things, their brains tell them different things, they are not machines that can execute fast when, and ...
- Lovinit replied Apr 11, 2011
I use Forex Smart Tools trade log, but really you could make something yourself in Excel or Access. I used to find it a tedious process, because I was spending time on detail that didn't matter. Now I just do a screenshot and label it: The second ...
- Lovinit replied Apr 11, 2011
If you can trade 3-6 months (either demo or live) producing a smooth equity curve my coach, who also runs a hedge fund, would likely take you on. Doesn't matter what you trade, but that curve has to be smooth, even if it is fairly shallow...
- Lovinit replied Apr 11, 2011
Jade Gate, that's some awesome thread...why can't we get it back into Trading Discussions??