got up this morning and saw a short chance as soon as I open my charts⌠[email protected] quick 25 pips
I will wait now for NY open, I will fade anything that moves up⌠although I think this move has no good traction
Just left a short order @ 1-3595. Stop being above todayâs swing high @ 1-3620, looking back down at yesterdayâs resistance level around 1-3540. Must dash gang, busy busy busy.
Congrats for the nice call, RC! 
Just to pick one of the âeye cancerâ comments, lol. Okay, here is the thing:
Bp compresses the charts. I have what you all can see on a mini icon at a huge screen. I can identify every symbol and line of itâs own easily. Think of it as a super chart with all information I like to get on a huge superscreen. 
Then Iâd like to go against the urban myth that naked chart trading is the holy grail. I wanna see WHY price turned here. Or there. Or not. I have a lot of information here about WHY price is doing what itâs doing. Be it a trend line on the weekly or a fibb on the m5 or a pivot on h4. The only thing I have to do manually is switch between m1 and monthly charts and all the pieces fall into shape automagically. I like to think, but not to use my body outside of my karate exercising too much. Fibbs, trend lines, pivots, volume signals, regressions, whatever seems to need further observation. As long as I can see still the candles and can identify s/r levels like anybody could on a naked charts I have more info and not less. I do like the Seiden videos very much. Though, itâs just one style what works. I do not say I trade all the signals. Itâs just to gain a better picture what is going on and why. What I like also with the Seiden webinars, he is one of a thousand tutors who can explain WHY he is trading like he does and WHY prices turn and WHY itâs better to enter here and not there. I do however not agree with everything what he says. Minor things, though. Always thankful honorable eremarket brought me on the path to those webinars.
Trading a system and developing a system are two pair of socks. Trading a system needs not much indis, if one at all. Albeit to gain more insights how stuff works and why it needs a lot to see and to do.
Then after all itâs like with cars. You can drive a simple car with a 50 hp engine to move from a to b or you can use complex sports cars and most would probably have issues with the faster car if not trained properly. I can code, so be assured all of my indis and signals are where I like them best. I can change every code and every indi if itâs in source and I do. Plus I add my own stuff.
Some stop if they found a working system, I donât. I search further. I do not have to trade by hand. My bots do the dirty work. I can focus on finding new strategies of my own. Maybe one day I will find the holy grail? Who knows âŚ
I hope that (my opinion) helps.
Regarding eurusd I am still flat. I am trying to catch more of the higher probabilities which do not occur very often. My bot is lazy today and I probably donât trade as well today. No big news means probably a dull market.
When I start trading the first thing I did was loading my screen with at least 8 indicators, they look beautiful and made me feel I was a great trader making money like a banker. But 'cause I didnât know how the market worked I was getting mixed signals and couldnât find a reason why I was loosing money, then got rid of everything I began trading just PA and S/R, that was an eye opener, helped me understand how the price moves and try to spot the trail of the flow of orders.
PA show me direction and some times trading areas, but I felt something was missing, so started to go back to all different tools I used. But NOW I had in the top of my mind that PA was the ultimate tool.
Nowdays, the final decision to place a trade is based on PA, but I am running in mt4 several tools that look like Buckscoderâ spaghetti bowlâŚ
I check S/R, volume, harmonics, volatility, pivot points, O/B O/S levels, market profile, standard deviations, fibo retracements and extensions, divergence. Mainly in 1H, then in 1D, 8H. When I feel like the conditions are safe, I play the 15M
It sounds like a lot but once you understand how every tool works and what kind of information that tool is capable of delivering, is really easy to make trading decisions.
Of course I still believe naked trading is the first you should learn and that can be enough to be successfulâŚ
That trade played beautiful!! Trail that trade, HoGâŚlooks like a fake breakout that could lead to more down side.
Progressive shorts (up to 10 lots) off the daily R2 for total close out of 978 pips or 9%. One of my better days!
Congrats!! you just beat me by 800 pipsâŚ
Well, I started with a rather naked screen. My first bot used one indi. My last one uses also just one indi, but not for entries but exits. The entry is however not based on s/r. Itâs based on pa. Time of day, candle length, that kinda stuff. Unique. Thatâs why it works well. The idea of the indi for timing the exits was just born out of my spaghetti screen. So, my bot gives me two edges now. One at entry, one at exits. Which stacks the odds even more in my favor.
I can also say my indis change. If I see something does not deliver then I kick it away. Sometimes I read something about a new indi and try a new one. TD sequential is a newcomer this week. Looks promising so far. I have to learn more about it, though.
Not to confuse things: I do NOT switch from one system to another like noobs do to find a holy grail. I have my bots and them trade with the same system over years. I do however like to develop my own system and not just borrow one from others or out of the web. My bots are completely from the ground up assembled by myself and they are, like all of my screens, adapted a 100% to my needs.
However, I agree completely that s/r can be a really powerful tool on itâs own, yunny. Like the analogy above with the car. To move from a to be it needs no Ferrari. A small car does the trick 100%. Even a walk does. 
Oh look at that nice shooting star at the h4. High outside of the beta 2 regression. Confluence with resistance. Plus a 23 fibb retracement. A lot of support below though. Just a bait? 
No, I could go short maybe. But not now.
And I would love to sit here and tell you I got in on it yunny1. Sad truth is though I placed the entry when price was at 1-3575 hoping for a pop back up before the fall. Price got back up to 1-3587 then fell so Iâm afraid thereâs no Friday celebration for me !!
Not to worry. Donât usually get anything on a Friday anyway LOL !!
If I donât have anything else worth talking about (trading wise ) today, Iâll see yâall at the pub before we break up for the weekend. Have fun.
Nice work!! Market seems more friendly, this week. Youâll still be smiling come Monday morning with a finishing flourish like that!!
Isnât it a drag when you fail to get to 1000 pips a day ? Oh well RC, youâll just have to suffer with the +978. Guess youâll be staying in thos weekend then eh? Either that or youâll be heading over to the pub to get the boys a drink !
Just took a short 4 lot scalp ( yes, this late in the day, EU from 1-3527 ) closed for 10 pips 1-3517. Only go again if price goes back to around yesterdayâs resistance area in 1-3530âs. Might just be playing with fire this late in the day though. Account balance now looking like ending the week $195.01. So sensible move would be to content myself with the weekâs good fortune.
Tempted to think there will be a US sell off just before the end, but that would just be a gamble.
Sometimes it just clicks into place Hog⌠others you canât see the wood from the treeâs. Just got lucky! Not down the pub tonight⌠wedding aniversary⌠so Iâm going up market Cheltenham restuarant. Iâll get a round in after Sunday lunch! :57:
Donât chase the market too much HoG, lol.
Big disasters start with small things. âOh, just this one pip here. Now I got a 10 pips loss. But I make it back! I assure you! Now again and 20 pips loss. Oh my, itâs just 30 pips in the hole and there is one great home run with 50 pips right here and now and I not only make it back but have 20 pips more. Arrrrgh, didnât work, but now I trade against the trend and then it must work âŚâ
Not to say you are like this lol, but I remember you had the promise to yourself yesterday to not trade today. Right? The market doesnât know you have the desire of a round $200 to end with this week. The market does even not know you exist until you place your order. I liked your attitude from last week or was it the week before? very much when you wanted just protect your gain of the week.
Donât give it back this time! I mean, just saying. Please do what you believe is best!
Hope you both have a lovely night RC. Happy anniversary to you both. Also hope you enjoy your weekend. Talk later
HoG
Totally take your point Buckscoder. Chasing things in the way you described was EXACTLY the mistakes I made in the past.
Trying to finish the week off with $200 wouldnât be a sense, or a good business thing, it would purely be an ego thing. And if I have learned anything from my short adventure, itâs what happens to big egos in this arena.
If I am to get anywhere with this, and take it to the level I wish to get to, I need to dump the ego and play it more sensibly. So Iâm happy to finish as I am for the week. I appreciate the advice however, as always.
So wonât be doing anymore trading this week so wonât be posting on this thread again tonight.
Heading over to the pub, so for all who are reading this and are NOT going to TCP, have a great weekend. Be safe and see you all next week. :57:
HoG
Congrats for that! I did not even make it to the marriage, lol. Just twice or thrice engagements.
Trying to add a link for a fre e-book about VSA. Iâll see if this works.
EDIT: It took a while for the page to load on my pc, but it did get there eventually
Good read Hog. There are certainly some interesting nuggets to open the eyes of a newb. Unfortunately, there are numerous examples of high or low volume which contradict in the explanations given throughout the book. In as much as âat this point in timeâ what is high or low volume hinting at? Without the benefit of 20/20 vision. Therein lies the rub. No substitute for a few tens of thousands of hours screentime unfortunately. 
Thanks had a good night out, real posh food⌠I could instantly deduce this from the portion sizes! And ÂŁ4.65 for 330ml of some ponzy lager!!! LOL Then went home and had a âGinstersâ pasty and a proper beer!
I got 9.4% on the week⌠Does that count?
Congrats:D