Real Forex Trades
- Thread starter RealForexTrades
- Start date
Quote from RealForexTrades:
For someone who initiated the negative innuendo in full plain view of everyone here, to now be blaming someone else for âtwistingâ things because he points out the fact that you initiated the negative innuendo, is tantamount to apparent psychotic behavior. Give yourself a break and just let it go, guy.
Following this to its logical conclusion and you end up with no forums, no trading discussion, no trade journals and people like you sitting at home in their rocking chair spewing insanities at cars passing by in your inability to find something useful to do with yourself. What on earth do you think âonline forumsâ for trading are all about! My goodness! Keep things to yourself? That cuts against the grain of why these forums exist! Do you ever think about the premise of your comments before you spew them? You make no sense at all.
This is a Trade Journal, pal. Hello? Wake up. You post trades â in a âtrade journalâ, remember? Thatâs why they call them, âtrade journalsâ. You offer a tremendous amount of comic relief around here. (keep things to yourselfâ¦..) Now, that was the funniest thing you said thus far! Thank you.Hilarious, even!
My goodness! I can hear the harps playing in the background with accompanying violins! Do you have any idea just how comical you read? Itâs a freaking âjournalâ! Hello! Is there anyone home there â at all? It is not supposed to be an academy award winning film location, guy. Just a darn âjournalâ. Geepers, you are weird. This journal will fade into oblivion because I never came here to stay, remember. Not, because YOU predicted it in advance. Iâve told you now three (3) times that I was not here to stay, remember.
You donât have to the next train to âAâ Street, if you donât want to. No one in here ever asked you for your approval, agreement or acceptance. No one asked you to come in here to verify, qualify, or otherwise validate anything. You decided to take on that âMother Henâ role your self. It is a âjournalâ, how many times must you be told that? None of your negative innuendo and simple minded assumptions were ever required or requested, here. If you did not like what was being discussed here, then you should have sat your butt on the sidelines and watched while keeping your mouth closed, or going to find another thread where you like or agree with the dialog. Simple. No one here is successful because you ordained their success, or because you give any credibility to their success, or because you agree with them. You are not the arbiter of success rituals. Hello!
What in the world are you talking about! You are starting to ramble about things related to your âprivate lifeâ â hey, guy â please. Get out of this thread and stop shooting yourself in the foot. Your private life, while Iâm sure quite interesting, is not at issue here. This makes no sense. It is so far removed from the purpose of this thread, that I hardly know how to respond. If you think that this is âbusinessâ then why do you play the innuendo âgameâ?
You need to get clear on what you are doing and why you are doing it. You are not here to be my personal Cop â I donât need one. And, you are not the Mother Hen. So, just go find something to do with yourself and leave the journal thing to people who actual post trades.
I was referring to the fact u keep talkin' about how amazin' your skills are and how bad I am while u got nothin' to fall back on: I never said anythin' about your capabilities and your skills while u keep referrin' to my incompetence because I dare criticize your naivety of disclosin' stuff about your self to prove your arguments. u also blame me for talkin down your journal, offendin' me at every turn. again it's u who's openin' da door for criticisms.
all those who keep a journal here have an agenda. all you wrote so far does suggest u are no different. it is a give away from the hints u gave in your first post, the length of your replies and how defensive u get; that u are conscious about it or not though is a different matter all together.
I would never start a journal here, I don't crave neither want the attention of da all board. I am in chat durin' da session and talk 'bout my trades there; read the logs. I fell comfy in there because it's a close circle of people and part of the only few in da all site that trade for real.
I admit this has gone too far and take part of da blame for it.
adieu
Observations and Trade Profile Updates:
A bit more of a draw down than I normally like to see, but well within system specifications thus far. US Markets now opening and will take the lead from here on out and either break the European session high or low. The initiation of the First Day Trade against the Second Day Trade and Swing profiles, is whatâs causing the traffic jam at the moment. I would have liked to have seen more price action at or above the open slightly, but realizing that the First Day Trade is in opposition to the Second and Swing, I do understand the âlagâ effect.
As I type at 8:32am Eastern, there is a slight break above the EU session high. This will need to be sustained for a while, if both profiles (First and Second) for this session have a chance to work in harmony/synergy. So, at this point, its all an academic waiting game for me.
The Swing Trade has slightly increased its absolute value pip gain for the week with this session as well to 110 pips (absolute unrealized) for the week. Everything on par thus far for the week with the exception of this lagging First Day Trade for 3/21/06 to 3/22/06, but the very high Swing Trade Probability numbers sheds light on that for me as it is still running in the high 96+% range which is unusually high for a Wednesday, but I have seen higher. Typically, the Swing Trade Probability numbers start to taper down as the week progresses â this time they are tapering up slowly. It is very nice to see for the Swing Trade profile, but not when Iâm in a First Day Trade opposition trade against it. Sort of a two edged sword, but well see whether or not this gets thrown into Recovery Mode to Break-Even, or whether or not the profiles can find a smooth synergy.
There is just about 10+ hours remaining in the trading session, so there plenty of time for the First Day Trade Limit to synergize with the Second Day Trade Entry. If there are any adjustments made by the system on these two price points, Iâll try to be around later today to post them as they develop. If not, Iâll post them when I have the time.
Current real-time draw down = 18 pips. Maximum allowable draw down = 50 pips. Current system Average draw down = 28 pips. Absolute Max draw down this session = 42 pips. A bit too close for my liking, but then again Iâm so used to seeing much smaller draw downs that I tend to get little concerned whenever they get larger than the system Average.
24hrs - From 3/21/06 to 3/22/06:
First Day Trade
Long
Entry 2107
Limit 2122
Stop None (might enter manual stop later)
Active
24hrs - From 3/21/06 to 3/22/06:
Second Day Trade
Short
Entry 2123
Limit 2061
Stop 2166
Pending
120hrs â From 3/19/06 to 3/24/06:
Swing
Short
Entry 2175
Limit 1967
Stop 2185
Active
480hrs â From 3/1/06 to 3/30/06:
Position
Long
Entry 1931
Limit 2378
Stop 1856
Closed (already closed for 254 pips at 2185)
A bit more of a draw down than I normally like to see, but well within system specifications thus far. US Markets now opening and will take the lead from here on out and either break the European session high or low. The initiation of the First Day Trade against the Second Day Trade and Swing profiles, is whatâs causing the traffic jam at the moment. I would have liked to have seen more price action at or above the open slightly, but realizing that the First Day Trade is in opposition to the Second and Swing, I do understand the âlagâ effect.
As I type at 8:32am Eastern, there is a slight break above the EU session high. This will need to be sustained for a while, if both profiles (First and Second) for this session have a chance to work in harmony/synergy. So, at this point, its all an academic waiting game for me.
The Swing Trade has slightly increased its absolute value pip gain for the week with this session as well to 110 pips (absolute unrealized) for the week. Everything on par thus far for the week with the exception of this lagging First Day Trade for 3/21/06 to 3/22/06, but the very high Swing Trade Probability numbers sheds light on that for me as it is still running in the high 96+% range which is unusually high for a Wednesday, but I have seen higher. Typically, the Swing Trade Probability numbers start to taper down as the week progresses â this time they are tapering up slowly. It is very nice to see for the Swing Trade profile, but not when Iâm in a First Day Trade opposition trade against it. Sort of a two edged sword, but well see whether or not this gets thrown into Recovery Mode to Break-Even, or whether or not the profiles can find a smooth synergy.
There is just about 10+ hours remaining in the trading session, so there plenty of time for the First Day Trade Limit to synergize with the Second Day Trade Entry. If there are any adjustments made by the system on these two price points, Iâll try to be around later today to post them as they develop. If not, Iâll post them when I have the time.
Current real-time draw down = 18 pips. Maximum allowable draw down = 50 pips. Current system Average draw down = 28 pips. Absolute Max draw down this session = 42 pips. A bit too close for my liking, but then again Iâm so used to seeing much smaller draw downs that I tend to get little concerned whenever they get larger than the system Average.
24hrs - From 3/21/06 to 3/22/06:
First Day Trade
Long
Entry 2107
Limit 2122
Stop None (might enter manual stop later)
Active
24hrs - From 3/21/06 to 3/22/06:
Second Day Trade
Short
Entry 2123
Limit 2061
Stop 2166
Pending
120hrs â From 3/19/06 to 3/24/06:
Swing
Short
Entry 2175
Limit 1967
Stop 2185
Active
480hrs â From 3/1/06 to 3/30/06:
Position
Long
Entry 1931
Limit 2378
Stop 1856
Closed (already closed for 254 pips at 2185)
3/21/06 to 3/22/06 Notes:
Looks like European session high will be broken and sustained. Now, looking for an aggressive move on the First Day Trade target after somewhat of a "laggingâ start given the high Swing Trade probability numbers. Also, checking news for any adverse conditions there as well.
Ideally, I would have liked to have seen the âfirstâ move be made above the Open price line, so the apex of the move back down into the Second Day Trade profile could be mathematically smoother creating a nice shaped parabolic apex over the top. That is going to be very hard for the market to do from this âbottom upâ approach into the First Day Trade target region. All this translates into First Day Trade lousy Timing â bottom line.
Looks like European session high will be broken and sustained. Now, looking for an aggressive move on the First Day Trade target after somewhat of a "laggingâ start given the high Swing Trade probability numbers. Also, checking news for any adverse conditions there as well.
Ideally, I would have liked to have seen the âfirstâ move be made above the Open price line, so the apex of the move back down into the Second Day Trade profile could be mathematically smoother creating a nice shaped parabolic apex over the top. That is going to be very hard for the market to do from this âbottom upâ approach into the First Day Trade target region. All this translates into First Day Trade lousy Timing â bottom line.
3/21/06 to 3/22/06 Notes:
Now, approaching BE. At this point, this is what is known to me as an "Inverted Profile". Quite simply, it means that the market has made an attempt to go after the "Second" Day Trade's target "before" the "First" Day Trade's target. Thus, inverted.
The rule is to take BE or collect the initial pips available on the âFirstâ and manually move the Second Day Trade profile to "Inactive" status. Which is exactly what I will do.
This is one of the primary reasons why this system has such a low loss rate and such a high loss-recovery rate. It has less to do with the "strength" of the signals and more to do with the consistent use of trade rules and protocols for protecting equity - or what most traders call: Trade Management. (which of course, is not the same as Money Management)
Now, approaching BE. At this point, this is what is known to me as an "Inverted Profile". Quite simply, it means that the market has made an attempt to go after the "Second" Day Trade's target "before" the "First" Day Trade's target. Thus, inverted.
The rule is to take BE or collect the initial pips available on the âFirstâ and manually move the Second Day Trade profile to "Inactive" status. Which is exactly what I will do.
This is one of the primary reasons why this system has such a low loss rate and such a high loss-recovery rate. It has less to do with the "strength" of the signals and more to do with the consistent use of trade rules and protocols for protecting equity - or what most traders call: Trade Management. (which of course, is not the same as Money Management)
Observations and Trade Profile Updates:
Exited First Day Trade on an Inverted profile for BE + 1 pip. Update below.
This trade could go on to make a million pips, I donât care. I have to remain discipline to protocol at all times. No equity was lost and 1 pip was gained and in this business when you trade the number of lots that I do, even one pip can be worth something of value. (update below)
Waiting for next system update â 7pm Eastern.
24hrs - From 3/21/06 to 3/22/06:
First Day Trade
Long
Entry 2107
Limit Manual
Stop None
Closed: @ 2108 (BE + 1 pip) on Inverted Profile Rule
24hrs - From 3/21/06 to 3/22/06:
Second Day Trade
Short
Entry 2123
Limit 2061
Stop 2166
Inactive
120hrs â From 3/19/06 to 3/24/06:
Swing
Short
Entry 2175
Limit 1967
Stop 2185
Active
480hrs â From 3/1/06 to 3/30/06:
Position
Long
Entry 1931
Limit 2378
Stop 1856
Closed (already closed for 254 pips at 2185)
Exited First Day Trade on an Inverted profile for BE + 1 pip. Update below.
This trade could go on to make a million pips, I donât care. I have to remain discipline to protocol at all times. No equity was lost and 1 pip was gained and in this business when you trade the number of lots that I do, even one pip can be worth something of value. (update below)
Waiting for next system update â 7pm Eastern.
24hrs - From 3/21/06 to 3/22/06:
First Day Trade
Long
Entry 2107
Limit Manual
Stop None
Closed: @ 2108 (BE + 1 pip) on Inverted Profile Rule
24hrs - From 3/21/06 to 3/22/06:
Second Day Trade
Short
Entry 2123
Limit 2061
Stop 2166
Inactive
120hrs â From 3/19/06 to 3/24/06:
Swing
Short
Entry 2175
Limit 1967
Stop 2185
Active
480hrs â From 3/1/06 to 3/30/06:
Position
Long
Entry 1931
Limit 2378
Stop 1856
Closed (already closed for 254 pips at 2185)
I see it struck three (3) times at least on the 15 minute InterbankFX chart and several others in the same market. I also see 2065 at the low on the same 15 minute InterbankFx chart.
The FX Market is not yet fully "standardized", so one market data source could show high's and low's that are not equal. In some high volatility periods, I've seen different data sources as much as 9 pips away from each other.
It all depends on what data source you use and/or have access to. And, yes â it was a good exit on an inverted signal as my PPV on the aggregate trade was $8,000.00 per and the max aggregate draw for all of my trades was $336,000.00, which represented about 84% of the total cost basis in the aggregate. So, to walk away with deposit in the bank of 8 grand sure wonât turn me into Soros overnight, but it will add to the kitty, just a bit. Thatâs why I like to stick to the rules & protocols. At this level, one pip has meaning.
You're so awesome.