[B]Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves.[/B]
I may not even make it to Asia. Considering I was up at 2am EDT for a peek
then at 5am EDT for the day, So I need to get to bed to get up at franfurt open or london open or somewhere just after that so I ca see what the evening here brought and to see what Frankfurt and or london is thinking.
Yes LT looks bullish as evidenced by the changed of the trend on the 1H from DOWN to UP. When the 4H trend turns up (determined by any logical crossing of EMAās {like 34/55} or something similar). Logically though a trend is established after 3 up/down bar on any TF, ST MT AND LT is determined by ones own thoughts. For me ST is 5 or 15 min MT is 1H and LT is 4H
but I am a scalper so perhaps those are far off and should be like corssing of 2 EMAās like 34/55 or 21/55 or 55/89 or any combo there of.
I know of many others that buy multiple lots like this, some even get 4 or 5 lots at the same price then partial them off in a more complicated fashion then you have. But your methods are notewaorthy and I will have to analyze them further tomorrow. I am beat. I had a easy day of clicking pipping guppy.
I did not meet my goalof 1000, I am a bit short at 896 pips for the day.
But if I make ONLY 4500 pips this week instead of 5000 I really wonāt be upset.
I for sure seriously appreciate your open honest sharing with us cdawg,
and I hope others do too, I mean where else can you get such good stuff for free!
It is through our ability to generously share with others, which brings us all things we desire in life. Desire the start of it all, but after desire you need to have a big vessel. It is like if you desire 50 pounds of Gold, this is fine, but you need a wagon to carry it with
I have a few shorts with Tps at 50, so shoudl they hit the goal will be met pretty much or leave me 2 pips short.
Goal setting is IMPORTANT! You must have some LT MT and ST goals.
First you set the LT goals then work it on down and establish the MT and ST goals you need to accomplish to reach the LT goal.
I am going to bed, but may pop back a few minutes into Asia which opens at 8pm EDT here, I think in 10 minutes.
Thanks again cdawg your opinion and experience is INVALUABLE!
Seems to be very logic.
First I must say, as far as general strategy is considered I use similar way of putting orders. I open 2-3 lots then if the first is hit I move the stops to the breakeven. This is very commonly used way of securing profit and leaving the space for further movements. See some of the strategies made by Admins of this site.
Iām sorry to be so nosy Cdawg but if itās ok with you I would greatly appreciate if you could reveal the details of the range and entry points. Donāt get me wrong - I know you canāt get rich in a week, Iāve managed to develop and test my own system so this is driven by curiosity rather than a lust
I only wonder if you use 5mins TF, itās believed so short TF contains a lot of noise to trade. Anyway, I donāt have a personal experience with such a short Tf so there is my asking. Hope you donāt mind. Cheers
Getting closer to goal, reached 942 pips, still only holding 2 longs and one short, trying to get long lower and short at 148.20.
All orders are set, all tps are set. lets see what the night brings while I am away.
As expected guppy is mouch more interesting than the TV. At least guppy doesnāt assult me with 27 minutes of commercials for every 60 minutes of TV.
And 80% of all ads are trying to sell me some sort of persrciption drugs that will fix one thing and cause 79 bad side effects and make me need to take 10 other meds to counter the effects of the side effects from the original one med. It is an endless cycle.
Curiosity killed a cat, as I have no whiskers and a soft fur so I hope to survive:D (but you can never tell this things )
There is RSI mentioned as well as a range. Therefore Iām asking cause trading on the 5 min chart must have some backround as well as Fib.
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