Recent content by pecas

I didn't read much lately because, as announced, I was hit by work which starts again in this period of the year. Happy to see you're on the right track again, keep it up. Of course, I know what you mean when you talk about the Italian public sanitary system. If you watched the movie "Sicko"...

I made several brainstorming sessions on stoplosses. And on targets, which in the end is the same thing. If you go with logic, a stoploss should be placed at a point where, if reached, price has a greater chance to continue his trend; a target should be placed where price has a greater chance to...

What I did sometimes to avoid the unavoidable is trying to cheat myself. For example, in your current situation: -your system gave you some money, you're at about 15K with them; very good, let's continue; -your discretional trades gave you another 15K; consider this (and only this) like money...

For your information, I tried to sell JPY after the big bounce, but it was too fast and I missed it. Anyway, your trades should be fine now; it just made a new high and I don't see big obstacles until 798, which is where I will evaluate again if going short.

To Travis: don't even think of rewarding me for my signals; this would put a lot of pressure on me in trying to provide only right signals, which is impossible of course. If I wanted to make this job I could go to the many online forex brokers looking for account managers. They give you a demo...

Update: on NG 4 hour chart, I actually see demand zones, one around 3.20/22 and one around 3.15 on ZW chart, I see that I would actually buy around 746, not around 750 like I stated yesterday I will monitor GBL, but I'm not going to trade it, nor enable the real time data feed. I thought about...

I didn't have time to fully review your analysis, will do better early tomorrow, but, at first sight, looking at your charts: GBL: I agree ZW: I would go long earlier; specifically, around 750 NG: I would go short at 3.42; about going long, I need to see a lower timeframe: can't see any...

I will review your analysis later or early tomorrow. During the weekend I have to work, and even when I have some free time, my son and wife want to do something else, of course. Just to let you know I didn't miss your post.

I didn't miss your post but... one of my problems is that my brain tends to forget, and now it's months that I don't open an easylanguage window. I'm certainly capable of doing what you ask for, but I would have to get into Tradestation again, while in the latest months I used NinjaTrader. I...

To answer about my history, I'm a pioneer of automated trading. I bought my first copy of Tradestation 4.0 in 1997 (paying it $4200, lol). The market was very easy to spot, and I had a winning system, but, like Travis, no, much worse than him, I always had problems with discipline. In the...

OK, I'm off for the week already, I don't plan to trade again today. About GBL next week, let me think about it. I'm going to find charts for it and see what I get. Maybe useful: if you have an iPhone or an Android phone, you can download (for free) mobile TWS app; the downside: when you...

Let's not forget this is Travis thread: I was concentrated on my trade till now, but congratulations man, you're out of the jam!! I rooted for you these days. Can I make a suggestion? Close GBP, whatever it gives you right now; let your nerves relax; take this day off from trading, and come...

Targets is definitely my weakness. I have to work a lot on this. I think this weakness affects almost any trader; ask yourself this question: of your entire work to find a profitable trading method, how much effort is placed in finding good entry points and how much effort is placed in finding...

Stopped @793 (1 tick slippage), and pissed off.

JPY update: breached the small demand zone, but it's rebounding again, where I didn't expect it to rebound. Still with low volume, for now. I placed a trailing stop at 792, so now I'm in for a sure profit. Needless to say, I will be pissed if this stop is hit. If it goes to target, there is...