School of Pimpology - page 150

[Deleted]  
Rockdrive:
Hi Stuart - Are you sorted? It was all you needed to do and when you start MT4 again the new indicator should just replace the old one on the charts. Let me know if you need anything further.

All the best,

Nerd Rockie

Thanks Rockdrive.

I'm back to using the IG charts for now. I know where I am there (plus I can't use MT4 in the office at the mo)

MT4 is very clever and far more complex than IG but you need a good brain to make it work well. I get lost with where to put indicators so i'm not sure it bodes well for me!!

 

Trend Lines

Hey Lungfish,

It sounds like you have several charts in different time frames of the same pair and then you are drawing trend lines on each chart. If I may make a suggestion, why not just have one chart for each pair and then draw your trend lines on the highest time frame, and then just switch that chart to the time frame you want to use.

For example draw trend lines on H4 and then switch this chart to H1 to monitor and then switch again to M15 or M5 to enter a position. This way you are only drawing trend lines once.

This is what the Gorilla and Monkeys do and of course, us chimps.

Hope this helps

Robert N

 

Belief Statement from a professional CME Floor Trader

For those of us that are battling our psyche, emotions, the little man inside our head and the guy in the mirror when we are trading, I use a Belief Statement I got from a professional CME Floor Trader. I read it before each trading session and find it particularly calming after having a couple of losing trades or when I reach my maximum allowable loss.

I made the mistake of questioning the $1 million target and was very quickly rebuked as "not having the confidence or belief in myself" so I just read it as copied:

Quote

I am a professional trader. My job is to take risk. If I manage my losses and let my profits run I will be successful. Because I am a professional trader, I will forgive myself easily for making mistakes and move on to new opportunities. I feel great that I have the discipline to control my emotions and the patience required to be a professional trader. I am a professional trader and will make $1,000,000 by year end. I will achieve this by following my trading plan, setting achievable goals, and controlling my emotions. I am confident and believe in my own ability to be consistently profitable because I AM a professional trader.

Unquote

Hope you find this helpful

Robert N

 

Belief Statement from a professional CME Floor Trader

For those of us that are battling our psyche, emotions, the little man inside our head and the guy in the mirror when we are trading, I use a Belief Statement I got from a professional CME Floor Trader. I read it before each trading session and find it particularly calming after having a couple of losing trades or when I reach my maximum allowable loss.

I made the mistake of questioning the $1 million target and was very quickly rebuked as "not having the confidence or belief in myself" so I just read it as copied:

Quote

I am a professional trader. My job is to take risk. If I manage my losses and let my profits run I will be successful. Because I am a professional trader, I will forgive myself easily for making mistakes and move on to new opportunities. I feel great that I have the discipline to control my emotions and the patience required to be a professional trader. I am a professional trader and will make $1,000,000 by year end. I will achieve this by following my trading plan, setting achievable goals, and controlling my emotions. I am confident and believe in my own ability to be consistently profitable because I AM a professional trader.

Unquote

Hope you find this helpful

Robert N

 

Great work

stratocaster59:
For those of us that are battling our psyche, emotions, the little man inside our head and the guy in the mirror when we are trading, I use a Belief Statement I got from a professional CME Floor Trader. I read it before each trading session and find it particularly calming after having a couple of losing trades or when I reach my maximum allowable loss.

I made the mistake of questioning the $1 million target and was very quickly rebuked as "not having the confidence or belief in myself" so I just read it as copied:

Quote

I am a professional trader. My job is to take risk. If I manage my losses and let my profits run I will be successful. Because I am a professional trader, I will forgive myself easily for making mistakes and move on to new opportunities. I feel great that I have the discipline to control my emotions and the patience required to be a professional trader. I am a professional trader and will make $1,000,000 by year end. I will achieve this by following my trading plan, setting achievable goals, and controlling my emotions. I am confident and believe in my own ability to be consistently profitable because I AM a professional trader.

Unquote

Hope you find this helpful

Robert N

Strato;

Love this.............thanks for sharing

Rockie

 

Hi,

Could be that some of you noticed this already or that it has mensioned here before.

But I know that you guys look to the correlation between euro, oil and gold.

There was indeed a very strong correlation for a couple of years between the euro and the oil.

This afternoon I discovered that this correlation changed now into an inverted correlation.

That changing took place the end of November beginning of December.

Be awere of it but as said you guys maybe noticed this already.

On the chart posted it is very nice and clear to see.

Friendly regards...iGoR

 

MT4 Template

Pipsters;

Anybody got the latest MT4 template. I have been a berk and deleted the template I have been using. It was I think developed by Andrew West as it had his funky indicator top right corner. If anybody can oblige I'd be most grateful for you sharing.

Cheers and thank you.

Berk Drive

 

The templates are on the club website.

If you cannot get in I can e-mail you.

 
Nicola A:
The templates are on the club website. If you cannot get in I can e-mail you.

Hello, could you e-mail me the templates too?

starosmp@mail.ru

Thanks a lot.

 

Star of the Day

Nicola A:
The templates are on the club website. If you cannot get in I can e-mail you.

Nicola and Honest Bill - only one of you can be Star of the Day so I'm afraid I have nominated Nicola as her avatar is less scary! Thanks pipsters your the best!

Oh by the way Honest Bill - you could sway the judge next time with a more personable avatar if you know what I mean .

Goodnight and ta very much.

Download Rockie