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Learning Forex the Electrofx Way
results of strategies applied in practice, sharing some trades, thanking the founder of the site. discussing the methods described here as they relate to trades
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koeart
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March 1, 2017 - 07:52
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yeah breakout trade or more like i think there will happen a breakout trade ;). i thought if it would break the box it's likely to hit the next box! and it did 🙂

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juakali
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March 1, 2017 - 08:15
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Down and back up!

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WeeMee
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March 1, 2017 - 12:32
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nice trades Juakali, looks like they were in profit fast, always nice.

 

had a great day today myself, makes me wish i was already on my live account on days like today, lol. still i have to say it's been a good week, if i can keep that up i will be ready for the next step.

 

anyway, here's my video trade of the day, turned into 2 trades in the end. bloody youtube made me turn it into 2 parts as i go on a bit too long and made it a bit over 15 mins. anyway, it was another instances where my sl selection was spot on, even if my entry was a mite early the sl placement won it for me. while the other was just a quick in and out 1 to 1 on eu. anyway the videos are still being processed from 13 parts into 2 parts with you tube editing. will link them up when they are done.

 

part 1

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part 2

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hey you! remember to follow your bloody rules!

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juakali
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March 2, 2017 - 04:50
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gu.JPG

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WeeMee
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March 2, 2017 - 04:50
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hey you! remember to follow your bloody rules!

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juakali
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March 2, 2017 - 05:02
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Should have hung on to that one!

gu-1.JPG

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WeeMee
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March 2, 2017 - 05:24
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next was a gu buy that fired off

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sorry for the bad mumbling audio, not sure what happened. seems the microphone got turned right down by skype or something.

hey you! remember to follow your bloody rules!

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WeeMee
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March 2, 2017 - 05:32
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juakali said
Should have hung on to that one!

gu-1.JPG

  

a win is a win in the end, looks like we took the same move, just your entry was much nicer.

hey you! remember to follow your bloody rules!

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koeart
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March 2, 2017 - 12:19
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nice job guys! today was one of those days witout any proper trigger....

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WeeMee
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March 2, 2017 - 12:19
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ok i did another video, it turned into 2 trades, was a slow moving trade. specially the first one was not strictly speaking a level 1 style of trigger.

part 1

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part 2

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not a great day, but u am 1.75 trades up for the day. been a really nice week so far. i noticed the videoing helps me to follow the rules and not close early etc. also is interesting to see the losers again to see which kind of situation it was and if there was any warnings you missed.

hey you! remember to follow your bloody rules!

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juakali
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March 3, 2017 - 01:49
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koeart
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March 3, 2017 - 10:28
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sooooo not a lot of trading for me this week... and im a bit done with waiting all the time... so i will go and trade the EU open only (max 2 hours) starting monday. that means i have to ajust my trigger level to the grey line and take a bit more risk.

got this trade trade in 2 seconds 🙂 never made money that vast... did loose it a few times that fast btw 😉 it even drops my trade in the wrong place 🙂

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WeeMee
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March 3, 2017 - 15:02
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lol wow! nice.

had no chance to trade till around 6pm, had 1 75% loss followed by 1 win followed by a loss. silly me trying to trade the news right before market closes. didnt get the last loss on video.

 

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hey you! remember to follow your bloody rules!

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WeeMee
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March 5, 2017 - 16:24
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decided to see if anything was happening on the UJ as Theo mentioned it. set it up on my old demo account i usually only trade gold and s&p on, easy sell. the spread was huge at the time of entry, thats why there is a big buffer for the SL. huge spread is why i only normally use this broker for practicing swing trades.

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i also got a nice trade from the EJ on my normal ic account. again, the set up was easy.

 

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hey you! remember to follow your bloody rules!

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koeart
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March 5, 2017 - 18:36
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Like a boss

Awesome trading omar! Markets are open for an hour and your done for the monday! Love it! 

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koeart
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March 6, 2017 - 00:26
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ok so that went fast....

still got my piece out of there but look at that move 🙂

so no more trading for me today... only going to focus on the EU and London open... and i stick with the purple line.... can't get any logic behind a lot of the pure grey line triggers... so i scaled a point down 5->4 cool 

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koeart
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March 6, 2017 - 00:31
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Snejanka
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March 6, 2017 - 00:35
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Haha, Koeart - you are getting faster & faster ... Chart EU size 4 is a serious challenge 🙂 Still you won ... but the move was really impressive! Do you use 1 chart again? A bit as Russian roulette?  

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koeart
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March 6, 2017 - 00:53
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haha!  it's allll the same thing... 40,400,4000 or 4 it's all the same for me... mine is just super fast, and still i feel like waiting a lot owshh

and yes one chart. these level one style triggers are nothing else than super fast price action and because all the lines and scales i can use one chart. and i trade pure patterns... i suck (get more losses) in trading price action the way theo is doing it... the way he trades countertrend because it's on a good location on a 2 bar is 9 out of 10 times a mistery for me whoops

i find that if you make trading as easy as possible it cat's easy in the end... even boring.... and if you look at the last 10+ page's you see that i only take the level one style trigger (purple backed up by grey)  not really russian roulette in my eyes. for me my hole plan is making perfect sense to me cool

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WeeMee
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March 6, 2017 - 04:55
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whoohoo!

thats one hell of a big move. imagine if you had a trailing stop instead of a firm target. 

 

i have the same problem with CT 2 or 3 bar triggers, lots of fails. only use the 2 or 3 bar with trend, prefer the wave pattern trigger in the end.

 

got this running, but it's just about to stop out by the looks of it. bummer way to start the session. might just go for a walk before trying again.

 

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hey you! remember to follow your bloody rules!

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