Forex trading live calls and set ups

[Lord Flasheart]

hasnt been this quiet for weeks,im still doing research and re testing old mas.Im not under pressure to trade,so a week out is no problem

 

[bedsit]

No set up at the moment - ranging market. Maybe some sort of break out trade?

 

[redart]

long 1.6022
18pip stop

 

[redart]

this is my 2nd trade.
Didn''t post my first trade today. Was a nice short but exited too early for +15
lets see if this trade takes profit back or not 🙂

 

[redart]

came within 3 pips of my stop so far.
In my expierence when it gets that close, it usually succeeds to stop me shortly after, but we'll see...

 

[trendie]

will EU drop to 1.3670 to close the opening gap over weekend?

 

[redart]

stopped -18.
-3 on the day.

 

[trendie]

I am constantly amazed by redarts trades. for me, its the equivalent of standing in front of a train, but hats off to this guy for his generally pin-point entries.

Flashy: have you gleaned any conclusions from your Old Mas recipe, with regards to its recent performance? any changes to rules? (ie, dynamic targets reflecting ATR; previous daily highs/lows, etc rather than fixed 50pips)

 

[pocrel]

will EU drop to 1.3670 to close the opening gap over weekend?

of course it will :cheesy:

 

[pocrel]

of course it will :cheesy:

anywhere between 79 and 82 was my gap close target trendie

so gap is just closed

 

[ChowClown]

hats off to this guy for his generally pin-point entries.

Agreed, Redart proves himself time and time again, great to watch.

 

[trendie]

has anyone realised we have, on a daily basis:

a: ForexMorningtrades, which seem to trigger from some kind of 5:30am and indicator combo, for 40 pips or so; (these guys seem to be talking about closing out trades just as we are waking up)

b:ChowClown who uses the 5-8🙂15)am breakout for basis of his trades (mostly)

c: the Big Benners with their 8-10am breakout?

I am sure someone with too much time on their hands would be able to aggregate something into a workable chimera system.

 

[Lord Flasheart]

I am constantly amazed by redarts trades. for me, its the equivalent of standing in front of a train, but hats off to this guy for his generally pin-point entries.

Flashy: have you gleaned any conclusions from your Old Mas recipe, with regards to its recent performance? any changes to rules? (ie, dynamic targets reflecting ATR; previous daily highs/lows, etc rather than fixed 50pips)

have to agree with comments made, i used to trade like redart and even when doing t/l pullbacks it was similar. thats why im looking for a more stressless way of trading. maybe in time he will,or maybe he finds copes with it ok. Im making small adjustments to old mas method so probably wont do any live calls this week. The entry point is pretty much set in stone so im just looking at r/r and stops etc. I got up to 250 pips before a huge drawdown back to near zero. Looking back there were trades i shouldnt have taken and stops placed wrongly. What i did notice was there was a big variance each month depending on which r/r i used so to smooth this out I will be running two trades at same time,one at 1:1 and the other at least 2:1. In reality this means i take 1/2 off at 1:1 and leave rest to go the distance as far as i can.Havent I done that before somewhere. I totally expect this method to produce fantastic results in time.
As I have said I dont think I will ever be going back to t/lines.Theres too much descretion for my liking. It made money for 18 months but big stressfull drawdowns and life/work balance means I really want to be finished by midday and know that in any given month I will average at least 300 pips( ramp up the stakes gradually,job done)
Heres hoping,Flashy

 

[redart]

could well be fighting a trend day here...but at least it breaks the silence!
last go today
very tight stop 1 tick below LOD

 

[Lord Flasheart]

has anyone realised we have, on a daily basis:

a: ForexMorningtrades, which seem to trigger from some kind of 5:30am and indicator combo, for 40 pips or so; (these guys seem to be talking about closing out trades just as we are waking up)

b:ChowClown who uses the 5-8🙂15)am breakout for basis of his trades (mostly)

c: the Big Benners with their 8-10am breakout?

I am sure someone with too much time on their hands would be able to aggregate something into a workable chimera system.

I nominate you for the job, anyone second that🙂
We could have a thread indicator where we all give our opinions every day at exactly 10 am with stops and tartgets,take the long from the short,divide targets by stops, throw in a mov ave and a triple salco and we then have a trade.Surely 10 is better than one
Old mas method has similarities with all the above

 

[redart]

out +12

 

[bedsit]

No set up at the moment - ranging market. Maybe some sort of break out trade?

A nice break on EU.

 

[bedsit]

A nice break on EU.

Added to the short at 13618 current stop 13665

 

[Black Swan]

awfully quiet! no buzz or chatter. everyone on hols?

Could it be the Irish question is making everyone a bit nervous? Certainly causing me to adjust targets/puke on trades too early which is odd 'cos I kept steady through the May election/hung parliament and the Greek debacle, a bit too much on my mind atm and I just don't fancy holding trades overnight whilst this mess unfolds...At times like this I could do with a boss to give me a kick up the a55..😕

-70
-18
+21
+18
+66.6
+110
+90

Total pips + 217

 

[bedsit]

Added to the short at 13618 current stop 13665

Stop to 13625 (above the local lower high)