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Thread: PipJoker's way to trader's life

  1. #111
    PipJoker's Avatar
    PipJoker is offline Senior Member
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    Took a scalp today. 0.9% in my pocket

    Fiber. Inside short time frame trend line, confirmation by OTE and static candles pattern.Name:  2012.08.16 Fiber scalp.jpg
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  2. #112
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    PipJoker is offline Senior Member
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    Hello.

    Firstly BAH! I couldn't recatch my last weeks trading results with myfxbook account pictures etc. All i can say that i had super week last week. I mean, it was my first really good, profitable week! And it felt amazing. Even tho i lost a trade on friday, but that doesn't matter because i finished with wooping over 5% in profit!!!

    So good luck this week guys, lets hope we can bag some more

  3. #113
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    PipJoker is offline Senior Member
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    Cable short is giving me some sweats As i have progressed to using smaller SL, usually the high of the highest candle of stacticcandles patter or just above it And cable is playing with the recent highs!!!

    Name:  2012.08.20 Cable short.jpg
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    EDIT.

    Just gotta love those Small Time Frame (STF) trendlines. Yes, their existence is short but they do come in handy. And they sometimes show unreal S&R!

    Name:  Inner STF trendlines.jpg
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    Last edited by PipJoker; 08-20-2012 at 06:06 AM.

  4. #114
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    PipJoker is offline Senior Member
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    Just made over 3%

    Took two trades. Both shorts. I will update later

    Edit: Like i said, i took two trades. Both short. Cable and fiber.

    Fiber:
    - Entry 1.2362, SL 1.2370. Took profit at 43 pips which made my R&R 1:5
    Reason:
    - OTE. We had a small OTE formed aswell (but i was already in the trade)
    - Holy grail
    - TT and pivot sell zones
    - 1.2360 was a key level
    - Friday's asian high

    Name:  2012.08.20 Fiber short review.jpg
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    Cable:
    - Entry 1.5710, SL 1.5720. Took profit at 15 pips which made my R&R 1:1.5

    Reasons:
    - OTE.
    - TT and pivot sell zones
    - Stoch was indicating lower prices

    Already posted this trade picture. I was aiming for 1.5715 but i thought it will never reach there. Well i was wrong that level was touched like gazilion times

    Anyway. Am happy with today! And am very happy to lower my SL to the minimum.
    Last edited by PipJoker; 08-20-2012 at 04:39 PM.

  5. #115
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    For tomorrow or day after (i know i said don't predict market), i think cable will blast upwards. And i think it will be a big move too which ever way it chooses to go. If you catch it, you might want to holding it till the end of the week

    Daily
    Name:  2012.08.20 Cable daily triangle.jpg
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    Last edited by PipJoker; 08-20-2012 at 04:44 PM.

  6. #116
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    Thats one of few awesome speeches i ever heard


  7. #117
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    Well it happened today unfortunately i couldn't participate in that huge move! It never gave a good sell signal, despite some spikes lower and straight up which aren't valid for me.

    I did expect (or more like wanted) one more low. Thats why i tried to short yeah yeah... not the best idea but! These losses only make me love my tight SL even more. Along with small long scalp, i took only -0.8% loss which is good.

  8. #118
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    Just wanted to show a sweet setup am in right now Don't know how it will end, but from technical side it looks pretty beautiful.
    LONG Kiwi (NZD/USD):
    - Holy grail 1h;
    - Big figure 0.8100;
    - Pivot S1;
    - Sweet static candles;
    - HTF trendline;

    Name:  2012.08.24 Kiwi long.jpg
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    Name:  2012.08.24 Kiwi long 2.jpg
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    Name:  2012.08.24 Kiwi long 3.jpg
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  9. #119
    piptronix is offline Master Contributor and Member
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    Hey PipJoker

    Looks like a good ICT setup.
    just a quick question, is 7 a magic number, one of the requirements for your entry?
    Or is it just arbitrary?

  10. #120
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    Well right now its at BE :| Hopefully it holds

    No, magic number is 4. I usually enter at the 4th candle. Just try to look at chart for at least 4 candles at the same level. You'll see more than a few setups take shape like that. Even for example fiber two days ago, before rally up from CPP. Yesterday's fiber run up at LO (thats where i shorted and took a small scalp).

    And just my assumption - more stacked candles at the same level, more S/R there is. And it makes you to wait, and more often wait through bad trades (save you some money).

    Like i said, try to look at charts for those candles. Maybe it will be helpful for you

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