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- brxxt replied May 19, 2007
Hey Steve, Out of all the losses u've kept the most important thing and thats discipline which is the number one thing that separates the 95% from the 5%. To me you already have the status of a "professional trader". Keep it coming Brenton
Steviet's Live Trades!
- brxxt replied May 17, 2007
i just finished backtesting and it seems that its better off not using the adjustment, so i will just continue to enter the first side hit after 3am
My Path To Financial Freedom
- brxxt replied May 17, 2007
i did not enter since the price hit the first sell level before the buy level was hit again... i am going to backtest to see if it is worth using this adjustment: --If price is within a buy/sell level within 1hr before 3am, i will consider that ...
My Path To Financial Freedom
- brxxt replied May 17, 2007
i will only buy today since it was at the 1.9760 level, i will wait for entry at 1.9753
My Path To Financial Freedom
- brxxt replied May 17, 2007
heres todays levels, the video was uploaded late today (3:30am), but price hasnt been going wild anyways
My Path To Financial Freedom
- brxxt replied May 16, 2007
for their videos, www.secretforexsociety.com and yes its free
My Path To Financial Freedom
- brxxt replied May 15, 2007
thx proctorforex, yea i mean depending on the time and the situation i am in, i like to use the small gamble of the news event to give my trades some kick.. like i will usually move my stoploss to -10 beneath the trade it all depends on where im ...
My Path To Financial Freedom
- brxxt replied May 15, 2007
good news is the levels are still showing to be very accurate I will make a minor adj. to my strategy tho: --If price is within a buy/sell level within 1hr before 3am, i will consider that trade to have been hit already, but i will only enter if it ...
My Path To Financial Freedom
- brxxt replied May 15, 2007
i. Hit stop at -57pips on all 4 lots Cumm Earnings: +62pips ive been busy w/ finals coming up and i realized i have been kind of sloppy i have felt myself hoping for good news and taking gambles i shouldnt be.. I entered this trade less than 1 hr ...
My Path To Financial Freedom
- brxxt replied May 15, 2007
heres todays levels, i am currently still in the trade, will update soon
My Path To Financial Freedom
- brxxt replied May 14, 2007
negative GBP news at 4:30am has caused price to come down to the lowest support level, my stop is under this level and price has been bouncing around on the top of this level so hopefully it will hold and reverse, theres lots of news coming out ...
My Path To Financial Freedom
- brxxt replied May 14, 2007
Buy @ 1.9828-- (-5 for spread) – 4lots a. Stops: 1.9776 (risk -57pips) b. Lot 1: Target—1.9873 c. Lot 2: Target—1.9898 d. Lot 3: Target—1.9933 e. Lot 4: Target—TBA
My Path To Financial Freedom
- brxxt replied May 14, 2007
heres todays levels, i bought at 1.9828 like 20mins ago when it was on its way down, hit the 20 level and now its back up so thats good.. i will write out the trade and repost it
My Path To Financial Freedom
- brxxt replied May 11, 2007
Thanks, yea i feel good about this month, glad i have found a new strategy that works really well for me and actually has opened my mind to using different levels for stoplosses which help me to make more profits cuz im able to use more than 3 lots ...
My Path To Financial Freedom
- brxxt replied May 11, 2007
so looking back on the charts now, looks like it held pretty well at the 60 level so i could have stayed in. just with yesterdays really bearish day and a big trendline break to the downside yesterday i didnt want to get burned bad so im okay with ...
My Path To Financial Freedom
- brxxt replied May 11, 2007
just to keep it clean, here was the trade: Buy @ 1.9780 -- (-5 for spread) – 4lots a. Stops: 1.9706 (risk -79pips) b. Lot 1: Target—1.9813 c. Lot 2: Target—1.9838 d. Lot 3: Target—1.9898 i. BAD TRADE—CUT MY LOSSES FOR -23pips on eat lot Cumm ...
My Path To Financial Freedom
- brxxt replied May 11, 2007
one more thing, i just noticed a support trendline on the daily chart that looks like it might hold around the 55-60 level
My Path To Financial Freedom
- brxxt replied May 11, 2007
Ok so, i just thought to myself in a professional mind set.. i know sometimes i it is smarter to cut your losses so in this case i just did that.. i should not be risking that many pips for that trade because as rob said there are heavy sell orders ...
My Path To Financial Freedom
- brxxt replied May 11, 2007
lol well looks like the GBP is comin down, I will be putting my stop under the next level so it will be close to 80pips that i am risking which will be just about 3% of my acct size w/ 3 lots Im not feeling comfortable with this trade i definately ...
My Path To Financial Freedom
- brxxt replied May 11, 2007
in the video rob says that if the 80s and 90s are broken then there is a heavy sell .. this has happened and price has stayed under the 80 level for almost an hour, it has still found support at 70 as it has all day at that long term resistance ...
My Path To Financial Freedom