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Old 11-20-2007, 12:26 PM
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Greeting, bkkirwin. I have read all your posts.
I wondered why it is so hard for you to earn a little pips here and there.
However I have the advantage of technical analysis here but the truth is nobody can earn or correct 100% of the time.

If you see the graph I attached you can see that F_CAD (Future Canada Dollar have up to -70 pips loss before dropped down again as I short F_CAD) The brown line indicated the time when I short F_CAD

As at time of writing it is +6 pips profit !!
I might be wrong and it might hit SL today. But at least I followed the LAW.
Use H4 plus look at W1 to see the trend as long as F_CAD trend downwards you can still have early entry and still profitable.

And yes 2% of total equity. And not more than 6% of total equity in trade.
Unless , sometimes you have earn too much from that week and decide to scalp with 10% of total equity.

No need to overtrade unless your really want to turn USD 1K into USD 126K in 1 week with GBP/JPY currency pair. He use GBP/JPY pair. No wonder last time my friend can increase his equity 20 times.

How I Turned 1k To 100k In A Wk!!!

Quote:
My friend use forex too earn 20 times in 6 months. I thought he is lucky because GBP/JPY just goes up from March 2007- June 2007 But I find forex quite interesting and challenging too.
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  #32 (permalink)  
Old 11-20-2007, 12:30 PM
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I don't follow exactly and use H1 timeframe . Next time must use H4 only.
Attached Images
File Type: gif tlatomi.gif (15.6 KB, 5 views)
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  #33 (permalink)  
Old 11-21-2007, 08:15 AM
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Would like to take a second and thank you for directing to the thread. It looks like it started to be tlatomi method and then it was eventually modified. Do strictly adhere to the rules in the .PDF or do you have your own method. If so, I was wondering, kindly if you could share that with me? If not I fully understand. I have been trading for very long time, so far the only thing I have seen work "sorta" is 8/5 EMA. I recently purchased the trendstuffer, and I am down a couple hundred dollars on a demo with thier EA. LOL, what do you expect. I think that manual trading is the best way to go. Expecially on higher time frames. Before, I used to use the 30 min charts and always go knocked down to me knees. I thank you for giving your time to answer my questions and post.

Sincerely,
bkkirwin
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Old 11-21-2007, 04:09 PM
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Don't have high hope on me. I just learn for 6 months. As usual I read all the ebooks I can download from Internet. And yes I only use H4 and H1 Tlatomi to made any decision. And I never do any trading before demo forex trading 6 months AGO !!. However I believe in a mixture of 95% technical and 5% fundamental analysis. And Internet here in Borneo island is unreliable so it demand me to put SL just after entering any trade

As a start why don't you just have a look at Bloomberg news.
Just download TVUPlayer and choose Bloomberg from News section
TVU networks | Welcome

Later, read the Sun Tze Art of War, if you are not sure don't deploy your soldiers ($$) in any battle (forex trading). If you loss too many battles, you will loss the Great War (total equity).

I short the F_CAD because after each wave the price just get lower and lower. It is that simple. I am not very bright.

Sell the short position at 1.0100 for 79 pips profit. I don't like the fact that oil price increase will cause Canada dollar to increase. More snows also means more heating oil exports to USA and that's mean stronger Canada dollar. So 2.37% increase in equity from last week. I short Canada Dollar as Canadian have a good oily year but they need $$ for ThanksGiving.So they value of the currency will dropped as they need more USD Dollar to buy China junk goods!!

Today missed out the explosion of GBP/JPY.. Never mind. There are always money to be made unless Jesus or Iman Mahdi come to earth. Remember in movie Forrest Gump, Tom Hanks earns more than most people, he just buy the Stock with colourful looking apple.


By the way, please download MT4 from aleccohFx Official Site - Our Platform and give it a try. You can trade

1.Stock
2. Currency pair
3. Future currency.. whatever
4. Commodities.. (My father very good in this one)

Tlatomi only good for Forex.. OK let me see.. According to Tlatomi D1 Google Stock will increase from existing USD647.47.
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Old 11-21-2007, 04:21 PM
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OK you can sell Google Stock now at USD 651.31.
Scalping...
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