Journal: The Bible, Chaos Theory & CCI - page 3
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Performance Check
Yesterday profits = 7pips
Platform = Fxpro
Account #: 1278161
Investor Password: d8mkque
-------------------------
You can also auto trade the journal either on
demo or live account at:
The signal name to use is:
marketchaos.co.za
------------------------------------------------------
Today's Trading strategy
NOTE: STILL HOLDING ON TO BUY TRADE OF WEDNESDAY. THIS WILL BE
CLOSED OUT AS SOON AS THERE IS CLEARANCE FOR SELL ENTRY.
Suggestions: Stay with overall strategy.
1. Stay away from the market until CCI in fractal 1, 2, and most probably fractal 3 hits ABOVE +100% levels, and all turned down. Most probably this will be when price hits around 1.67864 levels.
Possible SELL ENTRY position is at 67864; this is the extreme for today.
2. Warning: If you are buying now, buy with trailing stop and target 67864
Sorry for errors in previous post
aily is to SELL GBP/USD or else avoid markets all together, if we can resist it.
Today's Trading strategy
NOTE: STILL HOLDING ON TO BUY TRADE OF WEDNESDAY. THIS WILL BE
CLOSED OUT AS SOON AS THERE IS CLEARANCE FOR SELL ENTRY.
Suggestions: Stay with overall strategy.
1. Stay away from the market until CCI in fractal 1, 2, and most probably fractal 3 hits ABOVE +100% levels, and all turned down. Most probably this will be when price hits around 1.67864 levels.
Possible SELL ENTRY position is at 67864; this is the extreme for today.
2. Warning: If you are buying now, buy with trailing stop and target 67864
Sorry for errors in previous post
Today's Trading strategy
NOTE: STILL HOLDING ON TO BUY TRADE OF WEDNESDAY. THIS WILL BE
CLOSED OUT AS SOON AS THERE IS CLEARANCE FOR SELL ENTRY.
Suggestions: Stay with overall strategy. 1. Stay away from the market until CCI in fractal 1, 2, and most probably fractal 3 hits ABOVE +100% levels, and all turned down. Most probably this will be when price hits around 1.67864 levels.
Possible SELL ENTRY position is at 67864; this is the extreme for today.
2. Warning: If you are buying now, buy with trailing stop and target 67864
I stayed out of market most of the time yesterday after closing the previous day's buy. In all only 6 pips were gained due to uncertainty
in the market.
The month of November is not very smooth thus far compared to october.
Performance Check
Platform = Fxpro
Account #: 1278161
Investor Password: d8mkque
-------------------------
You can also auto trade the journal either on
demo or live account at:
16th Nov.
There was no time to post Today's Journa.
I only had 1 sell entry, which was traded by my zulutrade subscribers, with some taking as much +50pips others between 15-20 pips.
Performance Check
Platform = Fxpro
Account #: 1278161
Investor Password: d8mkque
-------------------------
You can also auto trade the journal either on
demo or live account at:
My today's look is posted at:
Standing in the Gap for Zulutraders - Forex Forums
I've finally adjusted my trading practice to be able to take care
of smalll traders from $100 to +$1million.
I will be posting more on this in the future.
Yesterday I managed to give my zulutrade followers +50pips. the market is prettily tough these days.
Some people are still following me on zulutrade as marketchaos.co.za
that is fine, but I now have dedicated account for followers with mini and micro accounts. This account is called fxchaos. You can search zulutrade for that name, if you want to be following this journal with an amount between $100 to $50,000, you are welcome but get my 1% setup manual for it.
I wished you should follow me with live money not demo please........
Today's trade is like yesterday and the image below shows disorderliness or unrighteousness in market behaviour before London opens. Attached image show fractals in the network where disorderliness is currently prevailing.
I will be buying when conditions of righteousness as shown in the image returns back to market.
Today's trade is like yesterday and the image below shows disorderliness or unrighteousness in market behaviour before London opens. Attached image show fractals in the network where disorderliness is currently prevailing.I will be buying when conditions of righteousness as shown in the image returns back to market.
Yesterday's trade was also like today, so I did not border to repost same image.
In all ,I closed out +200pips in the last three days, from 14th to 16th Dec 2009 in buying alone despite many unrighteous selling and rumours all round.
If you were to be following me with live account and the right settings using zulutrade you would have also made about 200pips.
You can check this out yourself at
After the fine tuning of how to use my calls to stand in the gap for anyone
I think I am ready for all who want to follow and make money with my journal.
This is my first update of this Journal in 2010
My trading strategy is to buy throughout the year until December
in all days of the weeks except Fridays! We are in a buying season
until 2014
I entered a couple of buy at the start of January which did
not turned out well due to panic. Since the panic that prevailed
up till now is not valid, I kept all trades running.
Here are two accounts being feed via zulutrade
MarketChaos.co.za
Profits = $18,814
Open Positions = -1374 pips
Fxchaos accounts started with $1000.00
Current positions
Profits = -$210.99
open positions = -942pips
I have to close some opened trade in Fxchaos due to worries of
a particular account holder who did not get a clear picture of why
I kept buying while the crowd is selling.
Simple answer is that my chaos strategy shows that those
selling were unrighteous, though it is a short term profit for
retail traders nonetheless it is irrational.
Why I stop buying now
I will keep strictly to adding buy trades of a maximum of 2 per trades
if possible. This is should be in line with obama's proposal on risk
management. Better to start learning it now until it came into effect.
If it does not come into effect, it is still good for clients.
Is my risk management OK?
Decide for yourself
On $1000 despite pressures, and heavy draw down of +1000pips my loss
on it so far is -$210. These are account I was forced to close out due to pressure otherwise they could have recovered from now till 2014 if not
before the end of this year.
Selling pressure is not over, but the bottom of this year for GBP/USD is almost near by 27th February, 2010. The market should picked from this date or remained stagnat. I think it has to go up because people will always continue to sow in due season we are now no matter how deep the recession is.
I have uploaded tons of ebooks on understanding financial chaos through the Bible for those who cares to understand why not all panic sell are valid
sells, and what to know how not to panic and lose trades.
In the end it is not how much you scalp in a short-term and lose all
in a long term that matters, it is ability to control yourself and investments.
Exited buy trade at 86pips.
Hopefully buying spree will come back.
The short term strategy is to allow some trade to recover
why taking 1 new lot at a time expecially for
Fxchaos accounts with zulutrade
My strategy remained unchange - buy and buy
till end of the year.
I have not traded the short sell markets for a long time
waiting for recovery of buy positions since January.
The move have just started.
The last two months I have mainly focused on building cashback or
cash reserve system. This was started in 2009.
Germany recently started debating on how to implement similar cash reserve strategy for its banks. This vision was already revealed to
me by the Holy Ghost in 2009.
Thus, my own calls for retail traders to have cash reserve
strategy is now justified by a country like Germany. This moves
by Germany to ask its bank to do this is not only a wise decision
but Spiritual too, will only protect clients' money in case of adverse
economy melt down again.
Small Retail traders interested in joining us can check out
this https://www.mql5.com/go?link=http://cashback.marketchaos.co.za it is only to your benefits
you can do this without disrupting your current trading practices
or recent promotion
See details here
Earn $100,000 in Prophet's Rewards
this is helps in following strict trading plans in times
of crisis.