The Inner Circle Trader's Millionaire Traders Guild

[PureMuscle]

Second half closed at 1.2540 for 126.6 pips. Not a bad start to the week. : )

One shot one kill brother! Congrats!

[FXTraderCro]

That is absolute carnage bro Congrats once again! Seriously dude, do you ever make a mistake??

Sure, I do. But reducing my trading to a few trades per week have greatly increased my win ratio/RR ratio.

I'll start with live trading in September, then I'll set up my journal thread. A whole different story, but I will take it as a challenge. I have great faith in the concepts and I think that's key. Very nice work on your journal BTW, it's really neat and inspirational!

[Pipowski]

I caught a short entry for EUR/USD at 1.2640 this London Open, based on the following:

- Key Resistance Level (former January & May 2012 support)
- Pivot Sell Zone (R3)
- Weekly Trinity Overbought
- SMT Correlated Pair Divergence (Fiber making a lower high from Asia into the London Open, Cable posting a higher high from Asia into the LO)
- Short at Asian High retest

TP1 hit at 1.2550 for 90 pips

I will keep 50 % open targeting the Weekly range, with the stop at 1.2620. I'm looking for 1.2480 and 1.24.

Beautifully done and thanks for posting this. I'm still so new to Mike's system and tools - it's nice to see a snapshot of you intercepting smart money's profits...

I love it.

Whatever you're doing, keep at it. I think my plan at this point is to start real demo trading in September and finally go Live December 1st. You're an inspiration FX - so, thanks again.

Mike

[InnerCircleTrader]

I can not express the level of satisfaction I receive when I see so many of you taking down such handsome pip hauls. It is so rewarding to see those who stick to their guns and not give up... only to see the promise of results... coming to pass.

Well Done Folks!
GLGT

[PureMuscle]

I can not express the level of satisfaction I receive when I see so many of you taking down such handsome pip hauls. It is so rewarding to see those who stick to their guns and not give up... only to see the promise of results... coming to pass.

Well Done Folks!
GLGT

All thanks to your inspiration and teachings bro!

[peterma]

Thinking out loud - do I see 1.2380 looming this week? I've marked it with a blue line for buy interest and 1.2710 as a possible sell point - in between? I'm neutral
Fiber .. 1.5615 I'm a bear , 1.5250 a bull ... I'm trying to think like the MM's as ICT suggests

Just hearing Irish TV news - they are talking of no.2 bailout for Spain already - seems the cost of the bond market will become too high and since the announced bail out is for banks only the Spanish govt still relying on the bond market.
Also they are talking of Italy - British news had little icons of dominoes falling over.

All this leaves the banks plenty of scope for moving prices - expect volatility - both directions.

As I said - just thinking out loud.

[vladul11]

Whats up with the trading plan? It s being posted for a month now

[PureMuscle]

Whats up with the trading plan? It s being posted for a month now

Remember that magic word --- patience

[vladul11]

Remember that magic word --- patience

Hehe. I also remember the magic word "May"

[matty44]

I can not express the level of satisfaction I receive when I see so many of you taking down such handsome pip hauls. It is so rewarding to see those who stick to their guns and not give up... only to see the promise of results... coming to pass.

Well Done Folks!
GLGT

Don't worry, I'm never gonna give up Even though I haven't posted much lately I'm still plugging away at things and have what I would say is a "fluid" trading plan at the moment. I've been profitable, but not consistent enough and definitely not disciplined enough. I'm hoping to solidify my trading plan to have more concrete rules and increase my consistency. Looking forward to the Trading Plan series and thanks again for all you do.

Matty