psaini1973

Hi Psaini1973,

I enjoy reading your thread would like to try it,however I found out that a couple of links given were not working. Could you pm me the latest d/l link of it? Thanks a lot.

I have no idea of which download link u are talking about. pls clarify.

@ murtamad. Hello, To ans ur query u shld read this i had written yesterday as to how i took this trade.

I just want to throw some light on yesterday trades. EU was trying to break the days high that NFP news made and UC was trying hard to break the days low that was made, but both of them were unsuccessful, so it was clear that EU and UC will reverse soon, as soon as i got a buy signal in UC in 5 Min TF i entered the trade, sell signal was already there in EU.

 

This trade required discipline and patience and a little bit of knowledge about the high n lows and breakouts and but ofcourse a signal from "Soundfx Pip Accumulator"

I had few days back also written that when ever in doubt pls also check the UC signal. lets say u have buy signal in EU and u are not sure whether its a right trade or not so u should also wait 4 a sell signal in UC ( these both are negatively correlated, but these correlations should be checked on daily basis as some time they do change for a brief period.)

Now coming to this particular trade. sell in EU 5 Min TF was there but i was waiting 4 Buy signal in UC. as soon as it was there i entered the trade. At that time may be i am not sure the MP was below -20 or not, bcos MP had already gone down below -20 b4 the buy signal in UC, so according to me it was a valid sell signal. Pls note it took around 50 Min or so after the sell signal in EU to enter in to the trade.

I exited early as i didnt wanted to take unnecessary risk and that too on NFP day

@fx4_ever. i am not using the EA i am manually trading . its the ver2. which shows single time Master Prob.

I am right now trading only EU, EU/JP and UC

@Vikram88. Yesterday trades were taken after the London close. By that time the effect of NFP had subsided.

I just want to throw some light on yesterday trades. EU was trying to break the days high that NFP news made and UC was trying hard to break the days low that was made, but both of them were unsuccessful, so it was clear that EU and UC will reverse soon, as soon as i got a buy signal in UC in 5 Min TF i entered the trade, sell signal was already there in EU.

This trade required discipline and patience and a little bit of knowledge about the high n lows and breakouts and but ofcourse a signal from "Soundfx Pip Accumulator"

Bloody hell wat a fall of EU. waited 4 the whole day.. just managed $ 785

i closed early as today is friday and NFP day..

Check out : http://i56.tinypic.com/2z50vph.gif

Edit Post: i reuploaded the image to show the fall of EU

http://i56.tinypic.com/2z50vph.gif

Hello Psaini

Sorry to tell you this I made 39 Pips Short EURJPY and 13 Pips Short EURUSD

Hey Vikram88 First of all why u shld be sorry... u made 52 pips, congratulations...

Its just that i dont feel comfortable trading news.

Well i would be glad if u could share ur results like i do , pls use drag n drop function so that we all can c where u enter and exit ur trades and how much profit u made... i am very much positive that u would be sharing ur results.. thank u very much.

Took a trade.. going no where . i was in a little bit of profit..EU just hanging around R1, Closed it for a loss of $ 113

Check out. http://img546.imageshack.us/img546/8517/eurz.gif

http://img546.imageshack.us/img546/8517/eurz.gif

@raiden. Namastey raiden, i was late on the all the three trades, my trigger pair to enter or exit is always EU. You have to watch out 4 the recent high n lows daily lows n high and all that stuff, u will have to read out a few posts to fully understand how i trade,

Yesterday i was waiting EU to break its daily high to enter and the assessment of the trade was right. i didnt close at the right price that was my mistake.

@danny_pip. My broker is GMT +2hrs. For safety and privacy reason i cannot reveal my brokers name, i hope u understand.

Well i am terribly upset with my trades... i had more than $ 500 in my hands and i let it slip...:hammer:

Loss of $ 9

First of all i was late in entering the trade cos i was not at my pc.. i majority of the times book profit according to EU but today may be just got greedy and tried to book profit according to UC at its S1. EU just reversed from its R1.. i had no option but to close my trades.. :(

Pls don't consider Buy of UC as it was a mistake, i just pressed buy instead of sell in hurry..

Check out my terrible trades

Edit Post: Some people might make fun of my trades and my mistakes but i am fully honest with myself, my trades and all of you people who are regularly visiting this thread and using this system.

http://img683.imageshack.us/img683/6394/eurtr.gif

http://img683.imageshack.us/img683/6394/eurtr.gif

Master Psaini, how do we determine whether the big box has closed? In the attached chart, we have the small red dot just after the big green box. In this case, is the big box considered formed completely and we could consider opening a trade?

 

Thank you.

Hey murtamad u r using the obsolete ver. of pip accumulator. pls use the modified ver, the soundfx pip accumulator.. here it is . this is the 2nd ver. i suppose.. u can download various other ver. which were developed after that. it works very fast and instead of dot their are arrows.

http://www.multiupload.com/U50PZHJPMX

Hi everyone and especially soundfx, i want to propose the way of trades in M15 but i don't want to messed up anyone here who trading o M5.....i made tiny presentation based on cases on three pairs yesterday. So I will ask your permission first.

 

Check it out! It is not perfect anyway but maybe usefull. May be we can add some Trailing to move stop to BE after 30 pips.

 

http://www.multiupload.com/BZ0UKMBSMN

Hi roels major. dont worry about all the pple who r trading on 5 min tf.. they all are doing very good.. u can carry on with ur findings and research and share, its good to c that u r working hard to learn this system and trying to create a system that suits ur style and mood.. best of luck

Hi Hermes. thanks 4 the advice, i read news in the morning and several times in a day , but some times trade doesn't go like we expect it to go and we are forced in a situation which we never want.

Moreover i am very much open about my trades here whether in loss or in profit, i dont hide anything from anybody, who else have u seen giving such detailed explanation about their trades and excepting openly the mistakes that one makes.. your guess is as good as mine

Anyways i suppose u r a veteran and a legendary Forex trader so i am no where close to you. Thanks

Hello, Just made $ 1270 8-)

The assessment of the trade was right. EU had to break todays low of 1.3311. It broke down after the usa open and i entered the trade, but it didnt go down as expected,

i had to force my trade into the news and my bad time started, all trades reversed, my max. loss at a given point of time was around $ 1500, i had to stretch my EU loss beyond 40 pips to accumulate my trades as i knew this is just bcos of news, i was not nervous bcos of this momentary loss as i have made more money then this loss in a single day, took GU trade after a long time but of no use, wouldnt trade in future

I hate news like anything and i once again got a taste of it but was saved .

GU screenshot not included as its of no use and its window would occupy more space.

Check out my trades: http://img846.imageshack.us/img846/9598/eur.gif

http://img846.imageshack.us/img846/9598/eur.gif

Thanks psaini! i will do, at the moment my broker (thinkforex) do mess with all his customers! I have lost all my trade history and my account will be revise. I'm a little bit angry and i'm thinking to close my account and open another one on oanda! So for today i can trading anymore and do anything, i'm sorry that i can't show my exit and entry arrow!!! BAD BROKER! stay away from they!

No problem mangiare.. we will be waiting to c ur good trades

I think EU and UC are trapped in a Tug of War... :))

Some Banks want to take a pair high and the other wants to bring it down

Here it is 1st trade on EU

 

 

Close at 1.3355 about 30 pip in gain.

Good trade mangiare... can u pls use drag n drop function in ur closed trades so as to we can know how n where u enter and exit ur trades. ? thanks

Today I had very bad connection to FXDD server at the start on NY session. My entry was a little bit late. Anyway, here is my trade of the day

Very Good trade Piphore, good going.

Can u use drag n drop function in ur screenshots so that we can c where u enter n exit ur trades. thanks

Phewww, wat a day its been... Today was the real face of the Forex Trading, days like these teaches us many things if and only if we wish to learn.

Today all the big money was taken away by the Japanese and the Asians, from London open to London close was hell, so many fake breakouts, i was discipline and kept my patience, just had a small loss of $ 42

After London Open E/U had formed a intraday range which varied from 1.3678 to 1.3600, I 90-95% of the times dont trade after London close, but was keeping an eye if EU could just break one of those high n lows.. finally i did broke 1.3600 on the lower side and i entered the trade after confirming that there was a sell signal in EU 5 Min TF,

EU didnt hit my TP of 40 pips, as it was throwing tantrums so i decided to close it and as it happens most of the times with me the moment i closed my trade EU crashed down and hit my TP :))

So Finally closing the day with a net profit of $ 827 :">

Its already midnight here in India. Good Night.

Check out my trades: http://img37.imageshack.us/img37/9860/eurdy.gif

http://img37.imageshack.us/img37/9860/eurdy.gif

hello sir...the MP is showing -51, then what is the reason to close the short trades sir...?

 

thanks for your regular updates

 

dhinesh

Dhinesh i took this trade just 1 hr b4 open of usa mkt hoping that eu will go down, but when it didnt go down i had to close b4 the usa open as the opening of usa mkt might reverse the signal... and it did reverse about 30 pips or so ..

The Japenese and the Asians ate up all the pips :))

Left nothing 4 the London open... difficult to trade here. took three trades going no where. had to close them bcos of usa open..

Loss of $ 42

Check it out: http://img18.imageshack.us/img18/3189/eurb.gif

http://img18.imageshack.us/img18/3189/eurb.gif

Just hit TP 4 min ago, 1.3623 with 30 pip.

Good going buddy. keep it up ..