daggerfall » Mon Jan 05, 2015 12:20 am wrote:
Hi Jurry sorry for late reply
What could I say : P I have a little experience with this kind of stuff
It tooks me a lot of time to understand what CJ said - Patterns repeats
Its simple but it's in our human nature is to complicate things, thats why it tooks me so much time

What's the accuracy ? I think with 6 month of experience with finding best patterns you can reach 80% of profit trades and all of them with RR 1:2 or even beter

As you can see sometimes I'm wrong like with NZD/USD the pattern was there but I was wrong i see that after the move - nothings wrong just make a mistake and learn from it and move to the next trade
What else I can say, trading on lower TFS is not working for me, I feel best on H4
In november I had almost 90% of accuracy and make a lot of money (200% of depo)
Unfortunately in december my self confidence grow so much that I was starting to trade poor setup's and making bad decisions - as you can see a proper MM and patience is even more important than a strategy : ) Thats why the trader is earning not strategy

Thats all from me
best regards

milanese » Mon Jan 05, 2015 10:25 am wrote:@Jurij we have a nice function to use only the last quote when posting look here how it is to use

---> http://www.stevehopwoodforex.com/phpBB3/kb.php?a=13

Direwolf » Mon Jan 05, 2015 5:32 am wrote:Anyone else got this crazy spikes on CHF pairs?

Jurij » Mon Jan 05, 2015 9:20 am wrote:

daggerfall » Mon Jan 05, 2015 12:20 am wrote:
Hi Jurry sorry for late reply
What could I say : P I have a little experience with this kind of stuff
It tooks me a lot of time to understand what CJ said - Patterns repeats
Its simple but it's in our human nature is to complicate things, thats why it tooks me so much time

What's the accuracy ? I think with 6 month of experience with finding best patterns you can reach 80% of profit trades and all of them with RR 1:2 or even beter

As you can see sometimes I'm wrong like with NZD/USD the pattern was there but I was wrong i see that after the move - nothings wrong just make a mistake and learn from it and move to the next trade
What else I can say, trading on lower TFS is not working for me, I feel best on H4
In november I had almost 90% of accuracy and make a lot of money (200% of depo)
Unfortunately in december my self confidence grow so much that I was starting to trade poor setup's and making bad decisions - as you can see a proper MM and patience is even more important than a strategy : ) Thats why the trader is earning not strategy

Thats all from me
best regards

nice, congrats for your performance!
one last question
when you are looking for potential matching patterns, do they have to be nearly 100% accurate? Or do only swing points matching (higher high, lower high, lower low, higher low) count? For example if the swings match but in between there is chop that differs from original pattern... Hope my question is not too confusing.

thanks

dudest » Fri Jan 02, 2015 7:36 pm wrote:Had to close out the few winners in order to partially cover losses due to shake-outs and misreads

However, I have my own brand of revenge trading (RT) when I finally see what's happening ( e.g on NZDUSD, XAUUSD after NY open ).

My favourite weapons are the metals. This time, it is SILVER --> same margin as a major, 5 times the impact.

No hostages

Direwolf » Mon Jan 05, 2015 12:53 pm wrote:woa did that close you out Dudest?

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