Monday, June 27, 2005

change of plan

well Monday began with a change of plan following a conversation on saturday

decided to continue grail on cable only which has ended up another poor trade closed for -60 - grail is now -165 for the month - still has a chance to catch up but its doubtful at this stage. time will tell

so anyway, decided to concentarate on the scalping strat again - been brain picking off bbmac and duckfu all day today - pinched a bit from here and a bit from there.

Morning results were ok but i dont really think i have the constitution for scalping - its too much like hard work!! and gives me a headache.

Ive reverted to a triple screen method this afternoon and just trying some ideas of my own again based around the Hilda Baker model - funny isnt it that no matter what someone else makes on a method if it doesnt sit well with you it just wont work.

For those asking about hilda it just isnt ready yet - i want to make sure this is easy to follow and understand before i even think about releasing it.

so, this morning i made +12, -10, +9, +1 and -11 with that scalping thingy - all that screenwatching for 1 pip! - gotta be a better way to earn a living!!

this afternoon has fared a little better since the changes - a +5 and currently long on cable +18 as we speak - this one may stay open overnight but ill check back later to see.

Once again folks thatnk for reading this - keeps me focussed on record keeping if nothing else!!

7 comments:

spahiu said...

is it me or you just seem to switch from system to system and than back lately...

spahiu said...

sounds like all of us could use to talk or just listen to those guys..still a private group?

Kardinal said...

I've noticed that 'Grail' page isn't available any more - have the 5 copies gone already?!
Keep up the good work...

spahiu said...

so u sold 5 for 100k each..good job.

quapouh said...

Hello Soul, good idea with this blog, congrats...
Yes, you are really lucky having a chance to learn something from bb; awesome trader, prob the best scalper i've ever heard of (tho, what he does it's not exactly scalping). Helpful and modest. I think that his 92% winning ratio does not include b/e trades, which makes his result even better. Great pity, I don't have a chance to watch his trades live any more :( (and those other traders who left MTchat, too, of course)

quapouh said...

hehe, I tried once to put all indicators bbmac uses on 1,5,15, 30 min, charts(don't remember exactly if he trades 15 or 30)-all of them including 3 different
bollbands. He has presented his set up once.I could hardly see the quotes :D. And that was completly impossible for me to trade - because it's HIS way. And he has incredibly precise entries. But the most amazing thing about him was the way he takes profits. Scalper always uses TP - so his results will be like +5, +10, 0. BB sometimes lets his profits run-like a real trendie! He probably "feels" fx very well-if smth like that exists. Each week on this mkt convinces me that one cannot learn this from smb, it requires screen time :/ Maybe a cliche but so true.
Hope my english is understandable :) still far from perfect.

OrlandoFlyBoy said...

Are you saying that Bunnygirl is still trading? I thought she was gone from Forex forever.

BTW, Hi!