Trader Girl Forex Trades

[IluvVol]

...As mentioned, I liked the thread and her journal, but when she offered to explain her fib setup I took the offer and wanted her to explain, she did not...

You may be fine to go by someone's predictons (otherwise why would that be fine enough for you?) but most serious traders do their own work. When they check out others ideas then its to possibly add value to their trading not to copy or emulate someones ideas. When she was asked by someone else earlier how the indicators she uses as part of that "top gun" package work she mentioned she did not know. Its all good for her as long as she makes money, but again, let me ask you a serious question: What value do you yourself derive from some posted numbers and levels that the poster is unwilling or unable to explain?

I dont try to bash Amy but wanted to learn something, I dont learn by someone posting some numbers and suggested to her to shed some light into the whole thing to enrich the experience for all. I am sure Amy is mature and confident enough to state her opinions, no need for some *cabletrader* with a girl-protection-complex to jump in. By the way, check out cabletrader's other comments in other fx threads, he obviously has got no clue of trading, I proved him wrong several times because he gave out wrong information to others, no wonder he has got an axe to grind....;-)

Quote from JB3:

She can post what she wants on her journal. It's not a training offer. If you don't believe her, then just find the next thread to read. And if Fib works for her, and not you, so be it. I don't see why she has to convince you that it works or not.

She is adding value by just posting her predictions and what her system is telling her. She is sharing it with the readers, and I for one, like to read it instead of trying to question or bait someone into trying to reveal their system.

 

[amytrade]

Quote from IluvVol:

Amy, you seem start contradicting yourself:

Secondly, you spent an aweful lot of time to defend fib levels and now you say they make up 5-10% of your trading? I wonder....

Listen, this is a TRADING JOURNAL. You can read my posts and thats it. I'm not going to debate people who I really don't like. I could care less if you think I make money or not. You do not own my TIME and I'm not about to spend one SECOND trying to prove anything to you.

If you are too LAZY to go read previous posts, bring up charts for the NEXT day and see my levels WORK then YOUR LOSS.

I do think many of the negative posters on here are IDIOTS because nowhere did I say Fibs are my main tool!

I'm done with the MORONS on here, now back to trading!

 

[Lorenzo91]

IluvVol you are a troll and a tool. You get offended by calling someone slow which clearly hit a cord but you are calling people tools. You are a retard who had to post multiple times straight just to dominate the thread.

If I want to add another instrument to my arsenal I will do it. Who the hell are you buddy. If it is according to me it is according to me and that is the bottom line. Way to try to go beyond something where there is nothing.

I am relatively new and made a turn for the better in trading after much work. Fibs helped me in Emini to become profitable. As far as FX goes I am very interested but want to swing trade not necessarily daytrade that market.

 

[IluvVol]

yes...back to trading, on Sunday? ;-)
I am outa here keep on making the suckers happy who look for some lucky numbers and hand holding, you seem very satisfied with such role. Good luck!

Quote from amytrade:

Listen, this is a TRADING JOURNAL. You can read my posts and thats it. I'm not going to debate people who I really don't like. I could care less if you think I make money or not. You do not own my TIME and I'm not about to spend one SECOND trying to prove anything to you.

If you are too LAZY to go read previous posts, bring up charts for the NEXT day and see my levels WORK then YOUR LOSS.

I do think many of the negative posters on here are IDIOTS because nowhere did I say Fibs are my main tool!

I'm done with the MORONS on here, now back to trading!

 

[OUTtrade]

Quote from cabletrader:

Well said!


Don't worry about 'IluvVol', he's a multi-alias ET troll with way too much time on his hands!

Why would someone that's been trading since 1986 waste their time?

Don't make sense to me? Log on using a different alias? Does he have more than one alias on this thread?

He must have oodles of dough and like calling traders out or just have a general propensity to harass the shat out of people.

I don't get on trading boards for good reason. But on T2W I have yet to see this type of nonsense (at least at THIS level)

 

[IluvVol]

...because its easy to make up stories about someone rather than sticking to the topic, at least for some. I was open to learn something about fib numbers and their applicability to trading. Seems this is the wrong thread. If you look for some numbers that you want to base your trades on then you are right here. But caution: Nobody here is willing to explain you where those numbers came from and on what they are based. Proceed at your own risk... ;-)

I do admit I have a propensity to harass people but only those that make up BS big time and disseminate factually incorrect information.

Quote from OUTtrade:

Why would someone that's been trading since 1986 waste their time?

Don't make sense to me? Log on using a different alias? Does he have more than one alias on this thread?

He must have oodles of dough and like calling traders out or just have a general propensity to harass the shat out of people.

I don't get on trading boards for good reason. But on T2W I have yet to see this type of nonsense (at least at THIS level)

 

[OUTtrade]

Quote from Lorenzo91:

IluvVol you are a troll and a tool. You get offended by calling someone slow which clearly hit a cord but you are calling people tools. You are a retard who had to post multiple times straight just to dominate the thread.

If I want to add another instrument to my arsenal I will do it. Who the hell are you buddy. If it is according to me it is according to me and that is the bottom line. Way to try to go beyond something where there is nothing.

I am relatively new and made a turn for the better in trading after much work. Fibs helped me in Emini to become profitable. As far as FX goes I am very interested but want to swing trade not necessarily daytrade that market.

I know some guys that use them for Bunds and Bobls and they work well for them. Of course, fixed income trades with Forex. So if Fibs is in your bag of tricks then the bonds and notes would work for you as well (I would think?).

Amy, I am not some chancer here. I am being sincere. This week when you get a good FIB trade. Post it and try to articulate why picked that particular swing high or low to hang the Fib tool on? Maybe a new 3 day high or low etc? Daily high or low etc. If you can, before or after the fact. I want to compare it to what the guys on my desk do in picking highs or lows.

Reading this thread has picked my interest. I am going to watch the guys that use this on my trading desk pick their highs and lows and try to see if maybe I am missing something about this tool.

I am opened minded. And over all not picky about how I go about making my money.

 

[amytrade]

Quote from IluvVol:

yes...back to trading, on Sunday? ;-)
I am outa here keep on making the suckers happy who look for some lucky numbers and hand holding, you seem very satisfied with such role. Good luck!

Firstly I do my analysis today for later tonight and tomorrow's trading. It would make sense to any REAL trader or anybody with HALF a brain!

Ahhh and just like I thought. Both a coward AND a losing trader. When challenged to post YOUR analysis on the direction of pairs you are obviously UNABLE to. The public ridicule tomorrow would be too much for your shaky male ego? LOL!

Good riddance!

Here's MY analysis which I use to focus on select pairs I BELIEVE have a better than 50/50 chance of moving in one direction. When in real time they are doing just that I tend to trade larger lots on them as the wins tend to be bigger (pips wise). I really believe that no matter HOW you trade the real key is always having small losses and doing whatever you can to increase the size of your average winning trades. By having a road map, using real time tools to confirm and by betting BIGGER on trades that are most likely to work is one of the biggest reason's I'm successful.

Pairs I really believe have a great chance of going up are NZDJPY, CADJPY.

Pairs with a slightly higher chance of going up are USD/JPY, AUDJPY, NZDJPY, GBPJPY.

Pairs I believe that will go down EUR/GBP, EUR/USD, EUR/CAD.

Pairs with slight chance of going down are USDCHF, GBPUSD, EURJPY, USDCAD, GBPCAD.


Here's the prices I plan to buy/sell at tomorrow. My road map. I'm not always right and I use other tools to let me know the probabilities in REAL TIME of my levels holding as support/resistance or the market blowing through them. I tend to be about 75% winning on these trades.

NZD/JPY Lightly buy 50.58 to 50.41 and aggressively 50.00 to 49.82
CAD/JPY Buy 76.00 to 75.90
USD/JPY Buy 97.17 to 97.00 and 96.82 to 96.50
AUD/JPY Buy breakout of 65.00 and 63.17 to 63.00
NZD/USD Buy .5150 to .5145
GBP/JPY Lightly buy 135.81 to 135.50 and 135.00
AUD/USD Buy breakout of .6600 and SELL break down of .6550
USD/CHF Sell breakdown of 1.1840 and buy 1.1750 to 1.1734
GBP/USD Buy 1.3850 to 1.3840 – Sell 1.4150
EUR/JPY Sell 128.30 to 128.74 and sell breakdown of 126.00
USD/CAD Sell 1.2850
EUR/GBP Sell .9280 to .9300
EUR/USD Sell 1.3018 to 1.3025 and sell breakdown of 1.2860


For the negative people on here, care to POST YOUR analysis TODAY and compare it with mine TOMORROW?

Didn't think so! haha.

 

[IluvVol]

not sure who you confuse me with but I never volunteered my analysis or direction of pairs (i think some earlier poster wanted to take the Amy challenge, though). I came because I was interested in your fib analysis to see whether it is worthwhile looking deeper into it. You were unwilling or unable to share how you set up your fib levels.

Quote from amytrade:

Firstly I do my analysis today for later tonight and tomorrow's trading. It would make sense to any REAL trader or anybody with HALF a brain!

Ahhh and just like I thought. Both a coward AND a losing trader. When challenged to post YOUR analysis on the direction of pairs you are obviously UNABLE to. The public ridicule tomorrow would be too much for your shaky male ego? LOL!

Good riddance!

Here's MY analysis which I use to focus on select pairs I BELIEVE have a better than 50/50 chance of moving in one direction. When in real time they are doing just that I tend to trade larger lots on them as the wins tend to be bigger (pips wise). I really believe that no matter HOW you trade the real key is always having small losses and doing whatever you can to increase the size of your average winning trades. By having a road map, using real time tools to confirm and by betting BIGGER on trades that are most likely to work is one of the biggest reason's I'm successful.

Pairs I really believe have a great chance of going up are NZDJPY, CADJPY.

Pairs with a slightly higher chance of going up are USD/JPY, AUDJPY, NZDJPY, GBPJPY.

Pairs I believe that will go down EUR/GBP, EUR/USD, EUR/CAD.

Pairs with slight chance of going down are USDCHF, GBPUSD, EURJPY, USDCAD, GBPCAD.


Here's the prices I plan to buy/sell at tomorrow. My road map. I'm not always right and I use other tools to let me know the probabilities in REAL TIME of my levels holding as support/resistance or the market blowing through them. I tend to be about 75% winning on these trades.

NZD/JPY Lightly buy 50.58 to 50.41 and aggressively 50.00 to 49.82
CAD/JPY Buy 76.00 to 75.90
USD/JPY Buy 97.17 to 97.00 and 96.82 to 96.50
AUD/JPY Buy breakout of 65.00 and 63.17 to 63.00
NZD/USD Buy .5150 to .5145
GBP/JPY Lightly buy 135.81 to 135.50 and 135.00
AUD/USD Buy breakout of .6600 and SELL break down of .6550
USD/CHF Sell breakdown of 1.1840 and buy 1.1750 to 1.1734
GBP/USD Buy 1.3850 to 1.3840 – Sell 1.4150
EUR/JPY Sell 128.30 to 128.74 and sell breakdown of 126.00
USD/CAD Sell 1.2850
EUR/GBP Sell .9280 to .9300
EUR/USD Sell 1.3018 to 1.3025 and sell breakdown of 1.2860


For the negative people on here, care to POST YOUR analysis TODAY and compare it with mine TOMORROW?

Didn't think so! haha.

 

[amytrade]

Quote from OUTtrade:

Amy, I am not some chancer here. I am being sincere. This week when you get a good FIB trade. Post it and try to articulate why picked that particular swing high or low to hang the Fib tool on? Maybe a new 3 day high or low etc? Daily high or low etc. If you can, before or after the fact. I want to compare it to what the guys on my desk do in picking highs or lows.

I will certainly do that and I appreciate your open mindedness. I really don't know how this whole Fib debate started because its only a small piece of my system and I tend to use Fib targets more than Fib retracements in my scalping trading.

Like one of the most intelligent traders on here posted, the Fibs work for those of us who use them because of the risk/reward components of them. If you're risking 10 pips to 15 pips and making 30+ pips on winning trades than there's a VERY HIGH probability that you're going to make money.

Fib trading IS MOMENTUM trading as trends tend to CONTINUE after pullbacks. If you buy the 50% retracement and your stop is under the 62% the usually the market will retrace at least 50% of the counter trend move and often goes to previous swing high which is a BIGGER win than what the trader risked. That's the key to trading and for the life of me I can't see how anybody who makes money trading CAN'T see that. And for the trades that explode through last swing high and go to the Fib targets that's a huge win compared to tiny amount risked. As Tharp would put it thats a 5R to 10R trade!

At the end of the day you can be right 35 to 40% of the time when a system finds such huge winners and has such tiny losses.