Looking good, Adilius.Originally Posted by ;
Hey Ad
Nice to see a fellow J16 trader! Just wanted to ask you if the $6k deficit in the beginning was following J16 or was this until you started following the J16 procedures? Many J16 trades havr you done/completed?
kal
Hey Kalbar,Originally Posted by ;
Thank you for your article! I started this diary after I found J16.
That which I do here is trying to understand those ideas.
Hope this helps.
'elou, Adilius ou seven!
I'd strongly suggest this site, bunch of usefull infos, S/R mainly:
http://www.nobrainertrades.com/
I am also utilizing Hanover's Present Strenght indior (as somebody on this thread asked you'Why are you buying EUR...'):
https://www.forexsoutheast.asia/cryp...r-request.html
and (learning) to trade Strong vs Weak currencies!
Hanover's Present Candles indior is usefull too.
The rest is pretty same as your substance - PA from J16!
Back to charts, Demoing Only!
Have fun,
Simon
Slovenia
PS: I have coded EA for Testing those SR egies (7ChiC), if interested, you can find it here: https://www.forexsoutheast.asia/fore...-4hrs-egy.html.
Hello Chistabo, thanks to your article and help. I read no brainer ribbon (most of it) I do not like it whatsoever. I don't think it is profitable in any respect. . Yes it is easy to post just those profitable trades and they'll look great. I don't utilize any indiors, just also a MA's and BRN.
The issue is in my mind, not in my way Thanks!
Originally Posted by ;
Why do you believe you lost many transactions, if you are after each and every step in the J16 ribbon?
Hello Adi, only gone throu ur journal here; do watch ur posts in J16 thread also.Originally Posted by ;
I hardly article but one thing that makes me decide to do so now: viewing that u are fighting with non-improvement in ur trading.
I understand how it feels, I fought with mine also.
Here are two of the things that enhanced my trading; it may or may not be of help2 u(simply want to point it out):
I) I stopped taking transactions at consolidations
ii) I stopped taking counter-trend trades
all ur setups were in ranges or contrary to the trend, why not leave those areas for people such as Mike, Jarroo etc.. They understand how to handle them.
Maybe chart below can clarify my thoughts better. Good trading2u.
Back into lurking mode
Hello KK21!Originally Posted by ;
Thank you very much! Your information is appreciated!
You know I had been thinking a lot about all those losses, and losses in stock journal I have (I have them printed facing me) and I am comepletely agree with you.
I formulated that rule just a few days ago really and it's NEVER fade (brief ) HH. If there's DIV, BRN, regardless of the initial HH is NOT tradable for me anymore it isn't important. I will wait for the price to show me LH (which may signal trend alteration ) - Simply by doing so I feel the result should be better (well talking from backtest...).
With regard to consolidations. I am still thinking. Also many times they fail, although my backtest show some trades that are pleasant. I believe you are right I need to prevent those choppy movements but search for ranges rather....
So I have like 1) Trade trend two ) Trade range (not tight consolidation)
That is of course sounds great on paper and on history charts. I will see how I will do in time. But I feel that my prospective results should be better... I have also cleaned up a few other incorrect things I had in my egy...
So we will see. I expect.
Oh and the last thing I truely believe was one serious issues is my patience/ability to decide on the best/just wait for best... I opened little live account now, and I think this emotional problem should be solved (I hope). .
I shall abandon this thread shortly as I complete this last open AUD/USD demo trade, and continue to post my results in this new live thread I have in my sig.
Thank you.