Thread: One piece at a time

, is a reference to a Johnny Cash song, which is my method.

Can I understand exactly the expectancy, no I will find out. Can I understand the risk/reward ratio, no. These things will be computed later. I haven't figured how to quantify among those factors yet. I find systems that assert as much always leave out the very important factor in the calculations, the thoughts of the person practicing the egy. If it's possible to quantify that and disseminate it to other people please discuss. The factor”me” is so complied, I don't understand how to put it in the equation yet. Currently I do understand that the risk is $2000.00. I know you are thinking I'm brilliant. I thank you in advance for your kind thoughts.

One Piece at a Time, keep your thoughts clean. One Piece at a Time, in a nutshell is not an original system, thought or method. I'm stealing pieces from several areas of FF. I'm stealing the Pin Bar out of James16, I learned a fantastic deal when I was a paying member of that group a while back. Can't share this. I'm stealing Fibs. I'm stealing the DashBoard out of Brijon's thread. I've read and see and there might be influences from God only knows. Books and more books. I'll bet I've been affected by you. Yes that's right you. I've read so much on this website and tried more than I can remember. That said, part of my egy is to stop reading new egies, they occupy too much time, and that I can never resist. They are just so addictive. If it works I will then begin scavenging for tidbits of new information I can increase my Frankenstein egy. I will do exactly the same if it does not work, once again brilliant. See I've a program.

My dre would be the same as yours if you're reading this, I might have stolen them, that”part and particle” thing. However, if this is the case I'm really you and you're me just temporarily separated so the cosmic consciousness with countless split characters can manifest itself in various forms looking for its identity. Everything has significance; we just will never understand what that significance is (alive). I've been reading the voids of space are filled with energy, so in the event that you believe I have too much space between my ears thank you.

Edges to be tapped, tendencies, positive swap, statistically relevant patterns, and the most important is insanity ha ha ha ha. If it requires a month to find a trade, so be it. I'm looking for quality not quantity. That is so easy to say, but so hard to live up to.

My rules will accompany

I read over my article, which was posted in anger when I made a ridiculous trading mistake. Which I've forgotten about and moved forward, so don't ask me what my mistake was, its abandoned.

I am no expert. I watched charts and exchanged in a live account throughout the overlap of the European and US Markets today. The same as last week I keep seeing contradictions. I am no specialist in the sense that nothing actually came together. I mean the information incoming such as gold, oil, US stock market, what exchanged overnight and what appeared to be obvious patterns did not do as I anticipated. There was a beautiful moment now when everything was perfect but what happened in the end was a contradiction Which means its time to get a fracture, NFP information comes out on Wed and Fri.. I want a rest.

I believe the world for a whole is somewhat confused right now and the big players are getting ready to make some changes based upon the bigger fundamentals, however they don't even know what they are going to do yet. I really had a bizarre idea that each of the central banks organized and kept things in balance now till they decide what is ideal for the entire world, is that possible? Something is up or I am just weird. It is probably a time to get someone in my experience level to escape and just wait until things make sense again. I really don't have the experience to exchange this week or maybe next. Attempting to convince myself I must stay out.

I will probably be from the market ahead of time. It'll be win/win either at SL or TP. I'm long the EUR/USD with a TP place at 1.5785 and SL in 1.5715.

I'm in many different trades at reduced prices but cummulatively they can add up to some just larger than small loss. I would close them but to be blunt, I see no reason that they should not move into profit before wed.. They are tuition trades so to speak, I performed with an idea in demo but did not learn anything, I'm learning now that they are live. The longer a transaction stays net negative the more pain that I believe. They were experimental carry trades within my live account that I have my serious doubts I'll carry much longer. Love to see that curiosity piling up, but currently all getting near SL and the carry interest isn't justifying the risk and wait patiently. If they'd been regular sized trades I would be freaking out. Or I must say that though the interest is decreasing the risk, '' I don't believe the reduction justifies raising my SL, s from the bag of exactly what I was testing to determine if emotionally it made a difference. Not to me it doesn't, nevertheless freaking with a bigger SL, I couldn't do the no SL thing, not built that way. I do not believe I entered in the wrong time that they were good trades. The word expect has no place in trading, so I have read, so lets just say I'm sticking to my original SL and TP. Those life courses, awaiting how they turn out.

I truly believe scalping is where it's at for my mental makeup but not prepared to take that plunge yet. That dip. Yes I said dip. Shouldn't scalping be called plunging?

I only want to search for the advice of specialists relating to this transaction I will enter from 107.60 on usd jpy and the goal will likely be 107.80. So what the pros consider it?

Originally Posted by ;

I only wish to seek the help of specialists relating to this transaction I will enter from 107.60 on usd jpy and the goal will probably be 107.80. So what the pros think about it?

When you discover that specialist let em know I really could use some advice too. If your SL feels right and you're playing by your own principles and not accepting advice from anyone , then only you know if it's a great trade.

I began this thread to remind myself it's okay to borrow items that help me create entry decisions or even lighten the research and calcs, but prevent losses and TP's are for me to figure out. Easier to live with these choices because I left them. I followed the thinking of somebody else regarding SL's and it ended up causing pain, much too much pain.

I probably shouldn't post my TP and SL's. Only bored, the longer I think about it, the more irrelevant it seems to post such stuff. So why do we do it?

Aha get it man. Then can ask me for advice . Iam depending in my egy on macd and stochastic and rsi. Fantastic luck

I just asked myself why after all the years I started posting this humorous crap. My response I'm bored somewhat confused, and since I have given up my aim of becoming a third world dictator, I had a new objective. This aim is to post posts. To get up my numbers. The objective of every businessperson is to get their numbers up, why shouldn't I have similar goals?

Initially I signed and obtained a screen persona for the sole purpose of seeing what was in the Member's Lounge. Then I truly enjoyed what I saw with all the James16 thread and hung out there for awhile. Lurking lurking. I truly do like bars better than candles, I'd have never switched if not for this thread. Now I'm posting, type of silly isn't it. I will attempt one of these icon thingy's.

Originally Posted by ;

aha get it man. Then may ask me for information . Iam depending in my egy on macd and stochastic and rsi. Fantastic fortune

Thanks, I love it. Good fortune also.

I was going to place a chart. But then I understood my chart looks just like everybody elses when they first open up them. Therefore, if you're wondering about my EUR/USD commerce and I chose it, the solution is in my principles and the chart is merely a look at the EUR/USD 1 Hour and EUR/USD Daily, nothing else. I do usually change the colors of the lower closers to crimson, and I despise the grid so I take it off. Black, green, and crimson. Green and Red like Christmas on a night time skies.

Once I discovered Brijon's ribbon and watched the Dashboard I believed it was a fantastic tool. I may not use it for the reason it was designed for but it does give a huge advice It's made me a bit lazy since I start by looking at each individual chart first but look at the Dashboard first. Whether the market continues to trend in its current direction or modifiions it will be useful, one look at that chart and you have an idea where any price is in relation to the others. The ranges will also be at your fingertips, all in one awesome bundle. What if, you get familiar with looking at that dashboard on a regular basis and watch that the patterns it was developed to follow, then all of a sudden those patterns seem to be more abrutly intterupted in terms of timing. If that ever happens I will be sure to take note and see whether I could determine exactly what's happening. It is my hope I can learn from these experiences.

If it resembles a trade is setting up, I then add some Fibs, on rare occaisions pivots, sometimes I draw some lines on the chart showing support and resistance, but it is really easy to spot these regions I typically don't bother. Some folks are able to look in a cluttered chart and it speaks to them. I look at a cluttered chart and that I get really confused it bables at me.

Initially I had a real hard time thinking in Fibs and Pivots seemed like a lot of crap. BUT if an whole planet is reading from the very same books and blogs then having read expectations in some of the literature I understood it didn't matter what I believed. As was stated onforexintuitiveso many times, prices react at these areas because so many men and women use them. I'd really like to ignore them based upon my principals but they simply seem to magically work. Actually pivots are a last resort for me because S/R is indeed apparent, however there are times when I just see fit to use them, these lower lows and higher highs when moving where no chart has gone .

Well well, now when my longs hit SL most of them did. I went short. Made up the losses in a hurry, just playing the EUR/USD. Broke the rules and made up my losses. When will I learn?

I read over my principles, I may not have broken them if I could in anyway consider the current downward motion of this EUR/USD a medium trend. Its a stretch, but this is my thread.

Earlier I was commenting about things not making sense, it is because in the huge scheme of things there have been some short term fundamental changes. Flexiblity is what stop losses are all about.

New principle, when you are not long you are short. When you are not short you are long. If you do not know what you are do not trade. These are biases, I am not investing I am imagining so I have to proceed with the least resistence, so a number of my principles will need to be flexible. All rules except SL, SL's must be determined together with analysis and fixed.