Baba Gs Pro Trader Log.
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thread: Baba Gs Pro Trader Log.

  1. #1

    Baba Gs Pro Trader Log.

    As the title reflects I'm currently entring the 4th year in the analysis of charts and accepting trades based on that charting.1 year live and with clients money who as I mentioned in the title is happy naturally so am i.
    I drama Daily bars, mostly on trend and I look for confluance on higher time frames.I use a customized indior to assist identify support/resistance and pivot points.Max risk is 2.5% with a maximum of 9% in the order book.The system enjoys an 80% win rate plus make 75 percent more profit than loss which makes a fantastic yeild curve.I handle the trades on the four hr mainly but monitor the 1 and 15 mins as needed.I define targets for profit and divide my order 3 so I could A.Take profit B.Go even C.Let run.All in almost any combo.The foundation of all of the above is PRICE ACTION and WAITING until im really happy with the setup. I keep out on almost any NFP or rate change day.Sometimes I miss them go break even to soon or take profit to soon or get stopped out to the spread and goes to larger profit on that portion of the order thats just apart of this biz im afraid but all my choices have been predied on price action.I prefer to have the ability to look back on most of my trades and see all of the motives in price action why I did what I did thats my anchor in these wild seas and why my client has great faith in me.Consistant in, consistant management,consistant out as my mentor said fx is a marathon not a sprint. % returns I hear some of you say well if I could get approx 75 percent of any movement based on daily price action im happy the % return takes care of itself.Thats all I guess feel free to post me anything as I attempt to give a little back to this forum which has given me a lot through the years.

  2. #2
    Nic are you live oil id prefer to enter oil a little more as the ol FX is boring as hell!!

    And possess you ever charted other comms.

    I had a great daily presentation run on such lot....same as fx....same system. . .same charting....

    Whats your take on the cross ?

  3. #3
    You understand what this might be a fad change....

    Waiting for dailys to proceed with this action thats been building for a while...I wonder really...g

  4. #4
    Bonjour!!

    I win 3 times greater than I lose.If I lose 5 I win 15 or 3 steps ahead 1 step back.And thats in% not money.Remember there is no money,just fools gold.

    Management is when you keep your ticket or any of it available whilst altering its perameters.

    Exit is taking profit or cutting your losses. .

    Sorry im not very mathimatical I hope this answers your question.All That said my last loss was on november 17 th last year since then I must of had about 14 transactions,10 wins 4 break evens.Infact in the past quarter of 08 I just had that 1 loss.Oct I did 4.7% nov -2.2% dec 4% jan 2 percent feb 0.2% but it's been shizzer out there.So its massive 1.7% yield over the past 5 months.That is soooooooo rrruuubbbiiissshhh.Bloody crisis guy at the trending markets strive 5% a week.Im all dressed up with today where to go.But as you can see no losses anyway im going on today laters


    Thanks for stopping by G

  5. #5
    Are you being sarcastic? It has been a day of pain on the darkside
    yeah but dude. . .only by a certain point of view....yours LOL


    sorry no yes terrible Moment

  6. #6
    Dull month about the pubs front for me.Had a little short love on gbp/swiss(god ive loved selling that pair).
    There in which a handful of good demo wins as I expand the system to more appliions.Swami S provided superb 4hr price action potentials short yen in light of no daily per sei but weekly engagements.On the back office had some new investor enquiries and maybe a lead from the charitable trust project.Looking forward into the think tank with and his thread seems good.

    Still waiting for trend continuation bars really aside from the yens .Gbpswiss brief is pending under the ib about the weekly and it.Time will tell.

    P.s. I hope that the back office part does not endure me in violation of any rules about the forum.Its a vital part of my journey and as important for my growth as a trader as picking the winner.If it's please contact me and we can tackle the subject.G

  7. #7
    look how different our feeds are....maybe I should get exactly the very same as you?


    What was the reason for entry? And the price I want see however your eyes!

  8. #8
    Junior Member teki83's Avatar
    26
    What do you mean bad?
    Why did you go into?
    Hot tip from a guy in a bank... (not a joke) LOL so I'm bad really...

  9. #9
    Junior Member Cristayan16's Avatar
    20
    Just came by to show you a chart (scroll up) and say congratulations on your amazing CHFJPY trade!
    Nic

    This must be the bad boys couch...
    Are you being sarcastic? It's been a day of pain on the darkside

  10. #10
    What do you mean bad?


    Why did you enter?

    I love you guys....this is turning into a little dark space now your at the naughty back together with the boys...

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