I know it cant be this easy... No name yet - Page 3
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Thread: I know it cant be this easy... No name yet

  1. #21
    Mitch,

    This really isn't repainting if you're talking about the current pub. As the daily bar goes up and down, the HMA will change as well. If changes are being shown by yesterdays ordinary, it is repaintng. If the pub is shing, the MA has to. Bar does not move, so the MA better not change in the past.

    I am much more concerned with the goldmine repainting. Screen shots onto a 1 second chart will inform us.

    Let me know if this isn't clear and I will attempt to clarify it again.

    Jim

  2. #22
    Jim,

    Thank you for the explaination, I understand what you're saying. I've created a few newbie errors this week but because I'm still in demonion....

    I'm will gather a chart with pip info on my current open and closed transactions.

    Mitch

  3. #23
    Would not you know it, lost net and this morning I had been over $ 600 on trades. I got on at 11:30pm and I'm currently at -$110. All pairs are showing downward trends so Ihope they come back to positive and'll wait till Sunday. Still a week using closed trades up over $600 from trades established Monday.

  4. #24
    I have exited from all trades and will seem to start over. Not that was a bad week, but a few mistakes and being internet on Friday didn't help (particularly Friday since at one stage, when I did have access, I was up $800).

    So I ended the week up $511. Allow hope.

    Mitch

  5. #25
    Quote Originally Posted by ;
    Wouldn't you know it, this morning I was over $600 on open trades and then lost internet for daily. I got on at 11:30pm and I at -$110. All pairs are still showing trends so I'll wait until Sunday and hope they return to positive. Nevertheless a good week with closed trades around $600 from trades Monday, established.
    Ah expect, the deadliest four letter word. You are gonna have to learn to be quick and clean about pulling the plug. There is no way round it.

  6. #26
    Ok, here are my transactions for this week, of course if anything new shows great potential I will add it to the listing.

  7. #27
    Quote Originally Posted by ;
    Ah expect, the deadliest four letter word. You're gonna need to understand about pulling the plug, the way to be clean and quick. There is no other way round it.
    Skyhook,

    You are correct. I am hoping, I mean, I am applying this to learn more. When to let a ride and when to pull on the plug. I must admit I have a tendency to allow thing ride taking the pips and looking for another trade. Hopefully I can learn that .

    Mitch

  8. #28
    Quote Originally Posted by ;
    Skyhook,

    You're correct. I hope, I mean, I am using this to learn more. When to let something ride and should pull the plug. I have to admit I tend to let thing ride afterward taking the pips and looking for a different trade. Hopefully I can learn that .

    Mitch
    Hey Mitch.

    $500 per week is a good thing lol.

    Have you thought about using a commerce management bundle like Hopwood's? This is a kind of basket trading system (in a way). With a TM bundle you can place each pair so that the SL moves into BE 2 (or anything you would like). So you'll prevent loss provided that you hit break. The other thing which you can do with the Hopwood (and other) packages is put up it to jump the SL by whatever amount of pips you like, place a trailing stop following break even and much more choices that I haven't tried. And you can shut 1/2 of the place for every pair once you reach on the profit in pips which you put. You can preserve profits.

    Now the one problem I've run into is that certain pairs such as GJ desire a lot of breathing room.

    Only a thought on how best to capture more profits.

    Great job on the transactions and the tracking !
    Sandy

  9. #29
    Itrying to keep up this diary has become increasingly difficult and'm discovering that my time is restricted. So I'm going to stop today, keep my testing and present this system about the trading thread when it proves itself.

    Due

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