4xpipcounter
Experienced member
- Messages
- 1,571
- Likes
- 30
Re: Ml Target Achieved?
There are trades like the one posted in this posting that I hit on a dime.
The forecast is in that proximity right now.
Yes, I am unorthodox. I do not have a conventional style of trading. Sometimes I like to find something that will take off with no pullback, just so I pat myself on the back. Every once in awhile my attitude is, "Who cares? I'm left-clicking this mouse and somewhere over the rainbow, I'm banking some profits.
I would look at my forecasts (No, I don't trade all of them. I once had 16 trades up on my platform, 15 of them won, and I thought I was going to lose my mind. Tucker wants me to have a sound mind, so he has someone to pounce with on the property.) and notice how highly accurate they are. With that being said, understand that I do not divuldge all my secrets. I kick back, throw my bread on the water, then watch the gleam in the eyes (i.e--No stops, doubling down, etc {yawn}). For me, doubling down simply guarantees more fun on my total jouney. Here's an example--my S&R's are extremely precise. Plot them on your practice chart, and you will know what I'm talking about. If something happens on the initial entry, then I wait for it to get to the next level, and enter another one. Let's say I blow it again. No problem. Just wait for it to get to the next level. The math at this point is simple. Bascically, I ride that back half way of entries 1--3, I broke even. The entries are all optimal entries, so I'm also aware that price should break the original entry.
I post my S&R's and teach some ichimoku basics on my thread, purely for the benefit of others. I don't expect anyone to develop my techniques-- just understand the basics. Whatever the risk tolerance is, the mental approach is, if you understand and I can convey the basics of the ichimoku and the usage of my S&R's, the trader will be successful.
Zeph and Hari are 2 in my thread, and I am the only reason they are on this site. They have known me for a long time, which is why they follow me so closely, even though, to a degree, I discourage it. They can, and are also too happy to vouch for my ability as a forecaster. If you do talk to them, they both lie. I don't walk on water--lol. Zeph trades my LT picks. He made 600 pips on my swissy call, and all he knows about trading is how to left-click a mouse. I had to show him how to do that--no joke! Just ask him. Hari loves my picks on gold and my S&R's. Just follow my LT picks. They are uncanny.
Bottom line, success cannot be argued with. It's even impossible (not to say you argued with my success). This is why I never ask someone what their opinion is. My system is fully developed, and I have complete confidence. On a scale of 1--100, I give my methodology a 100, my margin management a 100 (part of my secret), and my mental makeup to trading a 92, only because there are points off because of my impetuousness. I still won't hold that against me, because I haven't had a losing week since 2008, and a losing month since Oct. 2007.
Hari and Zeph are examples of why I like to get in the public venue. Don't ask me to sell you anything. It ain't happening. It is a rush being a benefit to others along the way.
Also, I hope it is never construed in asking my questions that I am "arguing" with you. I'm just asking to learn about your approach for the simple reason that I am interested. I look at it like this. I don't care if the trader is making 20 pips per week. They are a success.
"Ice in the veins"? You go to have it with my unorthodoxy. But, I love it! It's me!
I'm off for the rest of the week, but I thought I'd turn this on. I was kind of surprised I picked up a signal in no-man's land. The weather is beautiful for the first day on my getaway. I don't know if you are into music, but we were singing, "Me and you and a dog named Tucker. Travelling and a living off the land? He loves barking at all the trucks as we pass them by. He's spoiled. He's got a good life, like his owners.
"BTW, that euro trade was a perfect trade--caught the peak and exited 2 points from the low. Sometimes it happens. Oh yeah, zzzz. No big deal. It does have legs on it. I see it hitting 1.1271."
There are trades like the one posted in this posting that I hit on a dime.
The forecast is in that proximity right now.
Yes, I am unorthodox. I do not have a conventional style of trading. Sometimes I like to find something that will take off with no pullback, just so I pat myself on the back. Every once in awhile my attitude is, "Who cares? I'm left-clicking this mouse and somewhere over the rainbow, I'm banking some profits.
I would look at my forecasts (No, I don't trade all of them. I once had 16 trades up on my platform, 15 of them won, and I thought I was going to lose my mind. Tucker wants me to have a sound mind, so he has someone to pounce with on the property.) and notice how highly accurate they are. With that being said, understand that I do not divuldge all my secrets. I kick back, throw my bread on the water, then watch the gleam in the eyes (i.e--No stops, doubling down, etc {yawn}). For me, doubling down simply guarantees more fun on my total jouney. Here's an example--my S&R's are extremely precise. Plot them on your practice chart, and you will know what I'm talking about. If something happens on the initial entry, then I wait for it to get to the next level, and enter another one. Let's say I blow it again. No problem. Just wait for it to get to the next level. The math at this point is simple. Bascically, I ride that back half way of entries 1--3, I broke even. The entries are all optimal entries, so I'm also aware that price should break the original entry.
I post my S&R's and teach some ichimoku basics on my thread, purely for the benefit of others. I don't expect anyone to develop my techniques-- just understand the basics. Whatever the risk tolerance is, the mental approach is, if you understand and I can convey the basics of the ichimoku and the usage of my S&R's, the trader will be successful.
Zeph and Hari are 2 in my thread, and I am the only reason they are on this site. They have known me for a long time, which is why they follow me so closely, even though, to a degree, I discourage it. They can, and are also too happy to vouch for my ability as a forecaster. If you do talk to them, they both lie. I don't walk on water--lol. Zeph trades my LT picks. He made 600 pips on my swissy call, and all he knows about trading is how to left-click a mouse. I had to show him how to do that--no joke! Just ask him. Hari loves my picks on gold and my S&R's. Just follow my LT picks. They are uncanny.
Bottom line, success cannot be argued with. It's even impossible (not to say you argued with my success). This is why I never ask someone what their opinion is. My system is fully developed, and I have complete confidence. On a scale of 1--100, I give my methodology a 100, my margin management a 100 (part of my secret), and my mental makeup to trading a 92, only because there are points off because of my impetuousness. I still won't hold that against me, because I haven't had a losing week since 2008, and a losing month since Oct. 2007.
Hari and Zeph are examples of why I like to get in the public venue. Don't ask me to sell you anything. It ain't happening. It is a rush being a benefit to others along the way.
Also, I hope it is never construed in asking my questions that I am "arguing" with you. I'm just asking to learn about your approach for the simple reason that I am interested. I look at it like this. I don't care if the trader is making 20 pips per week. They are a success.
"Ice in the veins"? You go to have it with my unorthodoxy. But, I love it! It's me!
I'm off for the rest of the week, but I thought I'd turn this on. I was kind of surprised I picked up a signal in no-man's land. The weather is beautiful for the first day on my getaway. I don't know if you are into music, but we were singing, "Me and you and a dog named Tucker. Travelling and a living off the land? He loves barking at all the trucks as we pass them by. He's spoiled. He's got a good life, like his owners.
"BTW, that euro trade was a perfect trade--caught the peak and exited 2 points from the low. Sometimes it happens. Oh yeah, zzzz. No big deal. It does have legs on it. I see it hitting 1.1271."
Well 4xpipcounter,
Your trading approach is on the controversial side in my opinion. I know of several traders and money managers who would not approve of your money/risk management approach...no stops, averaging down etc. In response to your comment that no one can guarantee entries so precisely. Well somebody is, because if price is turning on a dime, then somebody's trade did it. When I trade, I may not have it on a dime, (and I am not trying to either) but I generally know which bar or candle to look for my entry, before that bar or candle begins (using a combination of the Pitchfork and my entry method).
Our trading styles are definitely different. Yours is quite unorthodox, but I like your "ice in the veins" comment...that is a good quality for a trader to have regardless of their style or method.
Keep on pressing. Hope your research comes together with something very interesting. And there is no business like the trading business...where you go to bed and wake up to $$$$.
Take care,
FX4Newbies
