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If someone starts flaming you PM me with a screenshot of the incident and I will ban them if its legit. Do not flame them back, it makes our work as admins harder figuring out who started it. So if you flame them back, you may get banned too.
@  traderpusa : (27 May 2018 - 10:35 AM) Usd is already starting to absorb June rate hike. But as you say let's see
@  kalc : (27 May 2018 - 09:01 AM) https://www.mql5.com...rading-point-of
@  kalc : (27 May 2018 - 09:01 AM) and the DXY
@  kalc : (27 May 2018 - 08:58 AM) https://www.mql5.com...rading-point-of
@  kalc : (27 May 2018 - 08:48 AM) USD needs to correct too at some point also
@  kalc : (27 May 2018 - 08:48 AM) hmmm we'll see TP. Above 1.19 is long for me still waiting on it to find the bottom
@  traderpusa : (27 May 2018 - 05:53 AM) weekly view : https://gyazo.com/d7...7ab3f5c8ae97a76
@  traderpusa : (27 May 2018 - 05:51 AM) Euro a bit touch and go next week : that is a big weekly level, so I think a bit more down before up : https://gyazo.com/a5...e58dce3aeea2e21
@  traderpusa : (27 May 2018 - 05:16 AM) hmmm. Sounds similar to my wife :D
@  happyjas : (27 May 2018 - 05:09 AM) :lol: :lol: :lol: :lol:
@  happyjas : (27 May 2018 - 05:09 AM) they don't like me as a dealer, coz i literally "took-away" their money..
@  happyjas : (27 May 2018 - 05:08 AM) blackjack, ultimate texas hold 'em, bacarrat, spanish 21, crazy 4 poker..
@  happyjas : (27 May 2018 - 05:08 AM) lot of players on every table i dealt, they lost their money
@  happyjas : (27 May 2018 - 05:07 AM) "this is what i've been waiting for.." :lol: :lol: :lol: :lol: :lol:
@  traderpusa : (27 May 2018 - 05:07 AM) how is the work ?
@  traderpusa : (27 May 2018 - 05:06 AM) sunday, need some fun until Formula 1 race Monaco lol
@  traderpusa : (27 May 2018 - 05:06 AM) :P
@  happyjas : (27 May 2018 - 05:06 AM) and seen your.. :lol: :lol: :lol: :lol: :lol:
@  happyjas : (27 May 2018 - 05:05 AM) just arrived home
@  happyjas : (27 May 2018 - 05:05 AM) done dealing in casino.. i read it ktp :lol: :lol: :lol: :lol: :lol:

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Stop the hunting


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#1 BrianC

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Posted 14 December 2017 - 05:17 PM

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Hey Guys

 

I still keep logging on to BOE once and a while, hell, 90% of what I have learned about trading, I have learned it on this great forum from some VERY nice and wise people. THANK YOU!

 

But... and this is a big but... I only started to make constant profit after I stopped the "wonder-strat-hunting" on this wonderful forum. I have litterally HUNDREDS (could be thousands... hehe) of indies on my MT4, each of which I thought would make me rich, but which have actually make me blow several accounts. I still have a few of those indies on my MT4, only to find that I hardly ever pay any attention to them any more. And now... hell, I find myself actually withdrawing money week after week instead of depositing money week after week.

 

Oh... I have also lowered my expectations A LOT, from what I thought that I could do with this, but you know what? for the last few months I have made more money on this shit than I have on working a "real job". But it took me 2 fucking years to get to this point, a lot of blown accounts and a hell of a lot of cigarrettes and whiskeys swetting over those "last few seconds" of a trade.

 

This ain't easy guys, but drop the indie-perfect-strat-bs-hunting. I have seen the same threats over and over and over and over again for two years now here... and others for waayyyyy longer. Hell yes, indicators can be great, they are great, but for me that was not the trick. Staying in my comfort zone was the trick. Yeah right...you can do a 500% increase on your account in no time, we can all do that, but then we have all lost 100% of our account in a few stupid trades. Right? Well, if you stay in your comfort zone, you can still lose everything, but you sure as hell won't do it in 3 or 4 trades. And that changes a lot. And that "lot" changes your state of mind... give the greed a kick in it's arse, lose the indie and strat hunting and stay real!

 

PD: I really miss some of the oldies on this forum that tought me soooo much. But anyway, thank you!

 

Good luck!


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#2 Svalbard

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Posted 14 December 2017 - 05:31 PM

You still trade binaries Brian? Still using ichi?

#3 BrianC

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Posted 14 December 2017 - 05:33 PM

You still trade binaries Brian? Still using ichi?

 

Yep, still trading bins, and Ichi is about the only indicator I really pay attention to... besides S/R levels of course. I have to say, once I grow a bick fat account, I will start playing seriously with forex though. But if the brokers let me, I will keep playing with bins.


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#4 Ewa

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Posted 14 December 2017 - 05:39 PM

lol what broker are you withdrawing from?



#5 BrianC

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Posted 14 December 2017 - 05:42 PM

lol what broker are you withdrawing from?

 

I have tried several brokers in the last two years, but for the last several months I have only been trading bins with highlow.net. Their platform and price feed is not pefect, but it has been working for me.



#6 BrianC

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Posted 14 December 2017 - 05:44 PM

You still trade binaries Brian? Still using ichi?

 

 

By the way, nice to see you are still around. How are things going for you?



#7 shaileshm

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Posted 14 December 2017 - 10:05 PM

Hey Guys

 

I still keep logging on to BOE once and a while, hell, 90% of what I have learned about trading, I have learned it on this great forum from some VERY nice and wise people. THANK YOU!

 

But... and this is a big but... I only started to make constant profit after I stopped the "wonder-strat-hunting" on this wonderful forum. I have litterally HUNDREDS (could be thousands... hehe) of indies on my MT4, each of which I thought would make me rich, but which have actually make me blow several accounts. I still have a few of those indies on my MT4, only to find that I hardly ever pay any attention to them any more. And now... hell, I find myself actually withdrawing money week after week instead of depositing money week after week.

 

Oh... I have also lowered my expectations A LOT, from what I thought that I could do with this, but you know what? for the last few months I have made more money on this shit than I have on working a "real job". But it took me 2 fucking years to get to this point, a lot of blown accounts and a hell of a lot of cigarrettes and whiskeys swetting over those "last few seconds" of a trade.

 

This ain't easy guys, but drop the indie-perfect-strat-bs-hunting. I have seen the same threats over and over and over and over again for two years now here... and others for waayyyyy longer. Hell yes, indicators can be great, they are great, but for me that was not the trick. Staying in my comfort zone was the trick. Yeah right...you can do a 500% increase on your account in no time, we can all do that, but then we have all lost 100% of our account in a few stupid trades. Right? Well, if you stay in your comfort zone, you can still lose everything, but you sure as hell won't do it in 3 or 4 trades. And that changes a lot. And that "lot" changes your state of mind... give the greed a kick in it's arse, lose the indie and strat hunting and stay real!

 

PD: I really miss some of the oldies on this forum that tought me soooo much. But anyway, thank you!

 

Good luck!

 

Its the same with me. I came here looking for that 'ONE' thing. Tbh I feel all these threads about holy grail which one sees again and again is a part of learning process. I still look at them for fun/entertainment process. And probably somewhere inside I still believe that one arrow does exists out there. But not that I need it anymore.

 

Also agree that some older traders are not active anymore. Hope they will decide to come back someday.


Know Thy Setup. Know Thyself.


#8 Svalbard

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Posted 15 December 2017 - 03:23 AM

By the way, nice to see you are still around. How are things going for you?


Things are going fine thanks mate, although no longer living in Valencia unfortunately :( you still up near castellon?

Good to hear you are doing well on bins! I still do a bit of BO now and then but focus mainly on intraday FX and am doing well with that.

My problems with relying on BO were the stress involved trading them, the bad R/R, but mainly the brokers. I find FX much more enjoyable and secure.

I must admit there is more 'thrill" from an ITM than there is from hitting a TP...and I miss that...but it's more of a gambling sort of thrill feeling to me, and I'm in this to make money.

Being a BO trader will help you if you ever start fX though, especially on lower time frames.
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#9 Tripack

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Posted 15 December 2017 - 01:24 PM

Good thread guys :)

Happy to know BrianC is doing well. I think indeed a mental shift need to happens at some point when you realize that it is not indis that will drive price around but just the opposite... That is a major shift that get you to see them from a different perspective. Expectation is I think also a good thing to work on...

I am more following Svalbard idea because I extensively used both and I prefer non expiry assets for the control they provide as well as the RR potential. But in the end a personal thing, feeling and more importantly personal results...

Also it is easier to find a decent fx company that is recognised by your local country reg body, I do no want to promote anything but I notice those do not get you into deposit & withdrawal issues, i.e. same or next day.
Taking a forum break. Enjoy the flame wars, the trolling, the hate & the boasting.

#10 Rayndeer

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Posted 16 December 2017 - 09:03 AM

Totally agreed. I have been switching and adding so many indicators that I just need two bad trades in a row to say: "This isn't working".

 

Now I finally trade BO without any indicators and I cannot be any happier. Glad you are on the right path Brian!



#11 skyler

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Posted 17 December 2017 - 04:06 PM

Totally agreed. I have been switching and adding so many indicators that I just need two bad trades in a row to say: "This isn't working".

 

Now I finally trade BO without any indicators and I cannot be any happier. Glad you are on the right path Brian!

Could you post example how you trade? :)



#12 BrianC

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Posted 20 December 2017 - 04:28 PM

Things are going fine thanks mate, although no longer living in Valencia unfortunately :( you still up near castellon?

Good to hear you are doing well on bins! I still do a bit of BO now and then but focus mainly on intraday FX and am doing well with that.

My problems with relying on BO were the stress involved trading them, the bad R/R, but mainly the brokers. I find FX much more enjoyable and secure.

I must admit there is more 'thrill" from an ITM than there is from hitting a TP...and I miss that...but it's more of a gambling sort of thrill feeling to me, and I'm in this to make money.

Being a BO trader will help you if you ever start fX though, especially on lower time frames.

 

Yep, still in the Castellón area, go a lot to Valencia though, where most of my friends live. If you ever get back around here, I wouldn't mind making you a paella ;.)



#13 BrianC

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Posted 20 December 2017 - 04:31 PM

Could you post example how you trade?

 

I will give an examplo or two after Christmas ok, but don't expect any fancy pancy magic things. It's just Ichi + S/R + round numbers taken into consideration. These 3 aspects combined with gut feeling. And I forgot.... learning to handle losing days.... or weeks, that was/is a huge problem for me.


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#14 BrianC

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Posted 20 December 2017 - 05:40 PM

Hi guys

 

A couple of you have been asking about examples of my trades, so here it is. Don't expect any fancy hokus pokus, here is what I saw on todays trade, nothing less, nothing more. The Time Frame is not really that important, today I took a daily trade, end of day trade, but just as often I do a 15 min. or 1 hour trade with the exact same analysis:

 

Small picture, biggest time frame: the previous candle was a strong one and it just broke up of the cloud, so I had this gut fealing that it would want to fill out that wick I see on that bearish candle 4 candles before that.... break out above cloud... strong candle before that... wicks... smells like bulls, if we could just get a bit below the previous candle to get a "safe" entry point, I might enter... make coffee mate and wait (whit line was later my entry point):

 

DyG5MPr.png

 

But.. before making the decision,  smaller time frame (in this case H1). I like what I see, price above cloud, Tenkan avoe Kijoun, Tenkan a bit flat, but Kijoun sloping up. Momentum above 100, Momentum MA also above 100... looks pretty bullish. Momentum below MA momentum though... might be a bit slow then, then better consider a longer expiry.....

 

W5J7bFB.png

 

So we take a look at the same time frame (H1 in this case)... but bigger picture. Hell yes... this looks very bullish! Future cloud bullish, momentum over 100, MA momentum over 100 and it looks like future Resistance is now Support (look at that wick that went bearish to the extreme left at the white line, price if now rejecting that level above it), and both Tenkan and Kijoun sloping up, Tenkan above Kijoun. Fuck yes... Frankfurt is starting to shoot this up, as soon as London opens this mother fucker is gonna shoot up somebody arse (that's me pep talking to my second coffe and third cigarrette:

 

77GCWIa.png

 

Of course, I came to that conclution actually whatching the PA right up from D1 down to M1, so I took a end of day call right about the white line

 

But also, I did that with a very low percentage of my trading account, and with a broker that would give me more than enough time to cancel this trade leaving me with less proffit or with less loss. In this case, I let the trade run to the end, and had a nice 90% payout.

 

I use the exact same anylisis being it a 12 hours or a 15 minute trade... it doesn't matter, my reason to chose one or the other, depends entirely of tye time I have to trade that day and... gut feeling.

 

I loose some... I win some... but lately this way of trading has giving me weekly withdrawals, with not too much stress. This is just the way I see the market. Besides whatching Ichi closely, I whatch S/R levels and Round Numbers just as close.

 

Todays trade, that was an over 40 pip ITM... they are not always that huge thoug... lol:

 

ec7JQYs.png


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#15 BrianC

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Posted 20 December 2017 - 06:01 PM

sorry, forgot to mention fractals, fractals a shit load hell of important too when I try to pinpoint the entry.


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#16 BrianC

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Posted 20 December 2017 - 06:10 PM

Just thought it would be funny to see the above mentioned trade on a M15 TF on a 3 day's chart. See the big picture? Makes a lot of sense now doesn't it?

 

tfaxgmK.png


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#17 siraj

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Posted 21 December 2017 - 12:29 PM

usually, you trade with which Time frame? and what is your Expiry time in which u feel comfort zone



#18 BrianC

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Posted 23 December 2017 - 06:52 AM

usually, you trade with which Time frame? and what is your Expiry time in which u feel comfort zone

 

I normally trade between 15 and 60 min. expiry, looking at M5 to D1 TF to look for important S/R levels. Occasionally I do take 5 min. expiry as well. It really depends on the feel I have for the market in the moment.



#19 Cookiebrawler

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Posted 23 December 2017 - 07:06 AM

 

But also, I did that with a very low percentage of my trading account

 

You have like 10k sitting in a bins broker? :blink:



#20 BrianC

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Posted 26 December 2017 - 07:00 AM

You have like 10k sitting in a bins broker? :blink:

 

No, I do not. One thing is to have money available for trading, another thing where you keep it. I only keep part of my trading money on my broker account. If I need it, it only takes seconds to make a deposit.






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