Hello Vampires,
Welcome to the daily fx and free forex forum. Hanna and I will not be trading this week due to low volumes before the coming Christmas/Chanukah/New Years Holidays.
Sharak will not be trading either.
We will post new entrances, but we will only be taking them on demo accounts.
Trade low, trade safe, trade demo,
Dr. Bob
Dr. Bobs, Daily FX Analysis. Every Day at a little after p6m Eastern Time, Dr. Bob will give his free Daily FX alert/signals to all. All free forex alerts are based on the Daily Chart of the Alpari MT4 platform. It is perfect for those who do not wish to put in the time with forex analysis to design the own trade system. Please note that all of Dr. Bob's analysis is based on either the Sharak Grid Trade System, The Big Breakfast, The Silver Bullet, or Hanna's Autumn Strategy.
Monday, December 19, 2011
Friday, December 16, 2011
The Daily FX and Free Forex Forum
Hello and welcome toThe Daily FX and Free Forex Forum. Volumes continue to drop in the Forex mareket and most forex trading strategies will tell you to start tightening up on your stops or to consider taking profit.
We at the VTN are in agreement. We have pulled some positions and severely tightened up on others.
We are severely in profit for the month and we don't want to give it all back.
We will continue to show the new entries, but be aware we are taking them with EXTREMELY light positions. (What the heck, ya got to be in it to win it! Even to win a tiny bit is fun!)
The EURO- We have been in this trade for a bunch of days now and we are up 320 pips. We were up 400 pips but we are in a retracement right now. Profits are protected and pulls have been made.
The POUND- Same as the EURO. Profits were taken at 120 pips B/E is protected.
The E/J- Quiet for now, no trades
The GRAVEYARD- Yesterday we pulled our position with just under 50 pips in profit. If you held it you are 17 pips in profit. We didn't trust it and now we trust it even less.
The ROO- 170 pips are protected on the Roo. 50 are still left on the table. Make sure you have stops at breakeven if that is in your trading plan.
Sometimes pulling a trade whether it be in profit or loss is one of the hardest things for a professional forex trader to do.
It is really no easier for the professional trader than it is for the hobbyist online forex trader. The mind is the biggest and hardes thing for the trader to overcome and unless you put severe effort into it, it will continue to be an albatross around your neck.
Any fool can get into a trade, but it takes the severe disciplined trader to know where to get out of one.
Trade safe,
Dr. Bob
We at the VTN are in agreement. We have pulled some positions and severely tightened up on others.
We are severely in profit for the month and we don't want to give it all back.
We will continue to show the new entries, but be aware we are taking them with EXTREMELY light positions. (What the heck, ya got to be in it to win it! Even to win a tiny bit is fun!)
The EURO- We have been in this trade for a bunch of days now and we are up 320 pips. We were up 400 pips but we are in a retracement right now. Profits are protected and pulls have been made.
The POUND- Same as the EURO. Profits were taken at 120 pips B/E is protected.
The E/J- Quiet for now, no trades
The GRAVEYARD- Yesterday we pulled our position with just under 50 pips in profit. If you held it you are 17 pips in profit. We didn't trust it and now we trust it even less.
The ROO- 170 pips are protected on the Roo. 50 are still left on the table. Make sure you have stops at breakeven if that is in your trading plan.
Sometimes pulling a trade whether it be in profit or loss is one of the hardest things for a professional forex trader to do.
It is really no easier for the professional trader than it is for the hobbyist online forex trader. The mind is the biggest and hardes thing for the trader to overcome and unless you put severe effort into it, it will continue to be an albatross around your neck.
Any fool can get into a trade, but it takes the severe disciplined trader to know where to get out of one.
Trade safe,
Dr. Bob
Thursday, December 15, 2011
Back to the Dentist
Hello Vampire,
It's back to the dentist to get my bridge/cap put back on three lower molars. They put it on last Thursday, and it fell off on Saturday< I thinks>.
They are going to have to drill one of the teeth. Problem there is the anasthetic doesn't seem to work on me any more.
Yukkk.
Depending on what they give me at the dentist, we might be playing an archive this afternoon. I am not sure.
Trade safe,
Dr. Bob
It's back to the dentist to get my bridge/cap put back on three lower molars. They put it on last Thursday, and it fell off on Saturday< I thinks>.
They are going to have to drill one of the teeth. Problem there is the anasthetic doesn't seem to work on me any more.
Yukkk.
Depending on what they give me at the dentist, we might be playing an archive this afternoon. I am not sure.
Trade safe,
Dr. Bob
The Daily FX and Free Forex Forum
Hello Vampires, and welcome to the Daily FX and Free Forex Forum. Not a whole lot going on tonite.
The volumes are dropping consistently as we near the coming Christmas Holiday. This is very normal for this time of year and it is a good thing if you are not waiting to trade till after, to lower your lottages. The movements in low volume time periods can be quite erratic and seemingly without cause.
The EURO- Nothing new, it has been in a short trade for a few days and it continues. At this very moment you are up 350 pips.
The POUND- Nothing new, other than further confirmations of the short trade we are already in. At the present moment we are up 125 pips. We show a new Sharak break, and a BB break. Profits have been protected.
The E/J- Nothing doing, all quiet. Not in any trades and will probably not accept any new ones till January.
The GRAVEYARD (GBP/JPY)- If you are still in the short trade (we pulled it yesterday with 40 pips profit), you might consider pulling it now as you are 60 pips in profit and the darn thing is just a bunch of doji's right now.
The ROO (AUD/USD)- Three day old trade with 175 pips protected and 138 pips showing on the board right now. Easy peezy to take it all. Your decision.
The CHEESE (USD/CHF)- Been in this trade for ten days with 330 pips protected. You have 335 on the table right now. We just might take em.
There you have it for the daily fx and free forex forum. We are heavily in profit and it just might be time to consider pulling the monies left on the table and saying merry christmas. We have pulled most positions. Today we will decide on the rest. As per our forex trading strategy, we have lowered lottages and tightened stops on what is left.
Trade safe,
Dr. Bob
The volumes are dropping consistently as we near the coming Christmas Holiday. This is very normal for this time of year and it is a good thing if you are not waiting to trade till after, to lower your lottages. The movements in low volume time periods can be quite erratic and seemingly without cause.
The EURO- Nothing new, it has been in a short trade for a few days and it continues. At this very moment you are up 350 pips.
The POUND- Nothing new, other than further confirmations of the short trade we are already in. At the present moment we are up 125 pips. We show a new Sharak break, and a BB break. Profits have been protected.
The E/J- Nothing doing, all quiet. Not in any trades and will probably not accept any new ones till January.
The GRAVEYARD (GBP/JPY)- If you are still in the short trade (we pulled it yesterday with 40 pips profit), you might consider pulling it now as you are 60 pips in profit and the darn thing is just a bunch of doji's right now.
The ROO (AUD/USD)- Three day old trade with 175 pips protected and 138 pips showing on the board right now. Easy peezy to take it all. Your decision.
The CHEESE (USD/CHF)- Been in this trade for ten days with 330 pips protected. You have 335 on the table right now. We just might take em.
There you have it for the daily fx and free forex forum. We are heavily in profit and it just might be time to consider pulling the monies left on the table and saying merry christmas. We have pulled most positions. Today we will decide on the rest. As per our forex trading strategy, we have lowered lottages and tightened stops on what is left.
Trade safe,
Dr. Bob
Wednesday, December 14, 2011
Dr. Bob's Daily FX and Free Forex Forum
Hello Vampires and welcome to the Daily FX and Free Forex Forum. It is close to X-Mas and volumes have been slowing down. You can see the slowdown in some of the whipsaws especially on the lower lites. The higher time frames seem to absorb it better and you see much less of the erratic motion.
Of course it usually makes more sense to trade the higher time frames due to the filtering of noise that is inherent in their nature,
BUT SOMETIMES THE SCALPING LIFE IS JUST SO MUCH FUN!
For now, this analysis is done off of the daily charts with Sharaks Grids, John's Big Breakfast, Power Arrows, Hanna's Waltz, and Woodie settings CCI as the forex trading strategy.
The EURO- Still in the short trade from two days ago. It gave us a grid and a bb break as well as full Sars confirmations. No power arrow, but it was in the trendal direction. We have 90 pips banked, and at this very moment we have 142 pips. We are now in a no lose trade.
The POUND- We are still in the short trade started on the 8th I believe. We have 120 pips banked and a stop at breakeven. This is now a no lose trade.
The E/J- No trades on the E/J
The GRAVEYARD (GBP/JPY)- I am up 40 pips from a southbound trade initiated on 12/8/11. I just pulled it. It is floundering to much. It will probably hit first target, but what the heck. I got to sleep at day light. Let me sleep peaceful.
The ROO (AUD/USD)- Southbound trade from two days ago just hit first target. Up 70 pips and stop is now at break even.
The CHEESE (USD/CHF)- Been in a Northbound trade since the 2nd. Up about 230 pips Grid break, and trendal direction were the only confirmations. Recieved a BB break two days ago as further confirmation.
And there you have it vampires. No new trades but the old ones are rocking!!
Trade safe,
Dr. Bob
Of course it usually makes more sense to trade the higher time frames due to the filtering of noise that is inherent in their nature,
BUT SOMETIMES THE SCALPING LIFE IS JUST SO MUCH FUN!
For now, this analysis is done off of the daily charts with Sharaks Grids, John's Big Breakfast, Power Arrows, Hanna's Waltz, and Woodie settings CCI as the forex trading strategy.
The EURO- Still in the short trade from two days ago. It gave us a grid and a bb break as well as full Sars confirmations. No power arrow, but it was in the trendal direction. We have 90 pips banked, and at this very moment we have 142 pips. We are now in a no lose trade.
The POUND- We are still in the short trade started on the 8th I believe. We have 120 pips banked and a stop at breakeven. This is now a no lose trade.
The E/J- No trades on the E/J
The GRAVEYARD (GBP/JPY)- I am up 40 pips from a southbound trade initiated on 12/8/11. I just pulled it. It is floundering to much. It will probably hit first target, but what the heck. I got to sleep at day light. Let me sleep peaceful.
The ROO (AUD/USD)- Southbound trade from two days ago just hit first target. Up 70 pips and stop is now at break even.
The CHEESE (USD/CHF)- Been in a Northbound trade since the 2nd. Up about 230 pips Grid break, and trendal direction were the only confirmations. Recieved a BB break two days ago as further confirmation.
And there you have it vampires. No new trades but the old ones are rocking!!
Trade safe,
Dr. Bob
Tuesday, December 13, 2011
Dr. Bob's Daily FX and Free Forex Forum
Hello Vampires and welcome to the daily fx and free forex forum.
I have been watching a four hour chart and for the last 16 hours I have seen very little movement.
It is a week or two before Christmas and traders are already starting to get a little itchy in their trading patterns. Many have let their forex trading strategies go to hell and have given in instead to emotional trading. You can see it in the whipsaw movements many of the pairs have been suffering from.
Well, the good thing is that you have the daily fx/ forex forum to give you hints into how Hanna and myself have been trading.
Lower lights is the key to this one. You can keep your strategy the same, but lower your time frames.
I am as usual using the grids, combined with the breakfast and power arrows. I have added the woodie cci to it also to see if it gives me another point of view.
For the most part if I keep very rigidly to my forex trading strategy I can stay a few pips ahead. I have been doing this on a one minute lite since Sunday and I am up 58 pips which is very acceptable for this time of year.
I don't know if the others in the room have been mirroring my trades but I have been calling them at time of entry and exit.
Remember Vampires, lower lights, smaller lottage. Middle of January, things should go back to normal.
Trade safe,
Dr. Bob
I have been watching a four hour chart and for the last 16 hours I have seen very little movement.
It is a week or two before Christmas and traders are already starting to get a little itchy in their trading patterns. Many have let their forex trading strategies go to hell and have given in instead to emotional trading. You can see it in the whipsaw movements many of the pairs have been suffering from.
Well, the good thing is that you have the daily fx/ forex forum to give you hints into how Hanna and myself have been trading.
Lower lights is the key to this one. You can keep your strategy the same, but lower your time frames.
I am as usual using the grids, combined with the breakfast and power arrows. I have added the woodie cci to it also to see if it gives me another point of view.
For the most part if I keep very rigidly to my forex trading strategy I can stay a few pips ahead. I have been doing this on a one minute lite since Sunday and I am up 58 pips which is very acceptable for this time of year.
I don't know if the others in the room have been mirroring my trades but I have been calling them at time of entry and exit.
Remember Vampires, lower lights, smaller lottage. Middle of January, things should go back to normal.
Trade safe,
Dr. Bob
Monday, December 12, 2011
Dr. Bob's Daily FX and Free Forex Forum
Hello and welcome to the Daily FX and Free Forex Forum. All fx analysis is done off of the day chart using sharaks grids, the BB, and Power Arrows.
The EURO- seems to be a nice strong grid break and a BB break. We do not however have a power arrow as the trade would be a continuation
The POUND- Still in a trade from a few days ago, but it was without a Power Arrow or a bb break. It looks like a good shot to first target.
The E/J- We have a power Arrow and a BB break. We do not have a grid break though. Two out of three ain't bad. But it's not good enough for me.
The GRAVEYARD- Still in a southbound grid break, with no other confirmations. Risky trade.
The ROO- Good grid break to the south. SoSo BB break and no power arrow, in fact, an opposing power arrow. It might go to first, but I will sit this one out.
The CHEESE- Nice grid break. Good BB break. No power arrow, but it is continuing in the direction of the trade.
Two out of three aint bad? Well it depends, but it is getting real close to X-Mas and volumes could become sketchy. I think I want all three indicators before I take a trade. If you have a forex trading strategy that requires three indicators, especially in low volume times.
You might want to use all indicators at your disposal.
Trade safe,
Dr. Bob
The EURO- seems to be a nice strong grid break and a BB break. We do not however have a power arrow as the trade would be a continuation
The POUND- Still in a trade from a few days ago, but it was without a Power Arrow or a bb break. It looks like a good shot to first target.
The E/J- We have a power Arrow and a BB break. We do not have a grid break though. Two out of three ain't bad. But it's not good enough for me.
The GRAVEYARD- Still in a southbound grid break, with no other confirmations. Risky trade.
The ROO- Good grid break to the south. SoSo BB break and no power arrow, in fact, an opposing power arrow. It might go to first, but I will sit this one out.
The CHEESE- Nice grid break. Good BB break. No power arrow, but it is continuing in the direction of the trade.
Two out of three aint bad? Well it depends, but it is getting real close to X-Mas and volumes could become sketchy. I think I want all three indicators before I take a trade. If you have a forex trading strategy that requires three indicators, especially in low volume times.
You might want to use all indicators at your disposal.
Trade safe,
Dr. Bob
Daily Fx and Free Forex Forum
One of the fun things about doing the daily fx and free forex forum is recounting the EURO session from the night before. Sometimes there is a lot doing and sometimes it was fairly quiet. Last night it was somewhere in the middle. The trades we put on friday from the day chart were all closed out. Two in profit, one in loss. All told a profit of 30 pips net.
This is what went on in the room last nite. It was quiet. Ray, Tio, and Me were the only ones there.
I am really liking that one minute thingy. Not making a ton of pips with it. But making a few pips each night. For a really simple forex trading strategy, its fun.
Morning vamps
Hey Ray, Hey Tio
whats up doc
I was short on the graveyard, I took it at first target
and I am short on the pound bow
ok
I am looking now at the range bars that guido and john have been using. I don't know if it will work with them but I put up grits and shrimp, I mean grids and power bars and a big breakfast.I am looking now at the range bars that guido and john have been using. I don't know if it will work with them but I put up grits and shrimp, I mean grids and power bars and a big breakfast.
Short on the euro, one minute thiingy, just for a few pips
and out
I think I got three pips
but it was easy and fun
grits and shrimp...lol
going back to catch some more zzzzzz doc..later
lol, gnite Ray, good to see ya here
We took the short for three, and the long for three, eezy peezy
Trade safe Vampires,
Dr. Bob
This is what went on in the room last nite. It was quiet. Ray, Tio, and Me were the only ones there.
I am really liking that one minute thingy. Not making a ton of pips with it. But making a few pips each night. For a really simple forex trading strategy, its fun.
Morning vamps
Hey Ray, Hey Tio
whats up doc
I was short on the graveyard, I took it at first target
and I am short on the pound bow
ok
I am looking now at the range bars that guido and john have been using. I don't know if it will work with them but I put up grits and shrimp, I mean grids and power bars and a big breakfast.I am looking now at the range bars that guido and john have been using. I don't know if it will work with them but I put up grits and shrimp, I mean grids and power bars and a big breakfast.
Short on the euro, one minute thiingy, just for a few pips
and out
I think I got three pips
but it was easy and fun
grits and shrimp...lol
going back to catch some more zzzzzz doc..later
lol, gnite Ray, good to see ya here
We took the short for three, and the long for three, eezy peezy
Trade safe Vampires,
Dr. Bob
Sunday, December 11, 2011
Dr. Bob's Daily FX Analysis
Hello Vampires,
I just took a quick look at the pairs. Things seem to be in a position of gaps or consolidations. There appears to be a few waltz's forming. I saw them on the roo and the cheese. Be aware of them breaking out if it happens.
I will be up again at 3am to see what the charts are looking like then.
Trade safe,
Dr. Bob
I just took a quick look at the pairs. Things seem to be in a position of gaps or consolidations. There appears to be a few waltz's forming. I saw them on the roo and the cheese. Be aware of them breaking out if it happens.
I will be up again at 3am to see what the charts are looking like then.
Trade safe,
Dr. Bob
Friday, December 9, 2011
Dr. Bob's Daily FX and Free Forex Forum
Hello Vampires! Welcome to the Daily FX and Free Forex Forum
I'm a bit late today. Dentist had me knocked silly for hours. Let's see if we can pick up the slack from yesterday afternoon.
The EURO- The EURO had a grid break yesterday afternoon. If you like it, it has not moved more than 5 pips as I am looking at it now. Not sure how far it will go, but first target looks pretty good. I will use the Sharak scale out tool.
The POUND- Grid break on the POUND. It has not moved more than ten pips and right now is right where it started at entry. First target is not looking bad if it goes to the south side.
The E/J- The E/J is sleeping for now. It looks like it is trying for the grid below. No grid or BB breaks for now. Will keep you posted.
The GRAVEYARD- The GRAVEYARD is in an interesting pattern right now. It has a southside grid break which follows a northbound retracement which went to the 50% level and now appears to be reversing and going back to its original trend. Now, we do not have a BB break or a complete SAR agreement. You have one out of three confirmations. Up to you. I am going to throw a micro on it.
The Roo- Yesterdays grid break has gone to target. I even checked the four hour to see if I could find a "cheat" entrance.
The Cheese- The Cheese was in a northbound trade which went to first target and then was stopped out in profit when the trade reversed and hit the break even level.
Lots of good trades out there tonight. Many of them are short first target movements. Our forex trading strategies are perfect for these short tight movements. Luckily our forex trading strategies are adaptable for the lower lights as well as their ability to nail it on the upper lights. You will never have the same accuracy on the lower lights as you will on the uppers, but we have been kickin it on the one and the four hour while we wait for markets to resume trend.
Trade safe,
Dr. Bob
I'm a bit late today. Dentist had me knocked silly for hours. Let's see if we can pick up the slack from yesterday afternoon.
The EURO- The EURO had a grid break yesterday afternoon. If you like it, it has not moved more than 5 pips as I am looking at it now. Not sure how far it will go, but first target looks pretty good. I will use the Sharak scale out tool.
The POUND- Grid break on the POUND. It has not moved more than ten pips and right now is right where it started at entry. First target is not looking bad if it goes to the south side.
The E/J- The E/J is sleeping for now. It looks like it is trying for the grid below. No grid or BB breaks for now. Will keep you posted.
The GRAVEYARD- The GRAVEYARD is in an interesting pattern right now. It has a southside grid break which follows a northbound retracement which went to the 50% level and now appears to be reversing and going back to its original trend. Now, we do not have a BB break or a complete SAR agreement. You have one out of three confirmations. Up to you. I am going to throw a micro on it.
The Roo- Yesterdays grid break has gone to target. I even checked the four hour to see if I could find a "cheat" entrance.
The Cheese- The Cheese was in a northbound trade which went to first target and then was stopped out in profit when the trade reversed and hit the break even level.
Lots of good trades out there tonight. Many of them are short first target movements. Our forex trading strategies are perfect for these short tight movements. Luckily our forex trading strategies are adaptable for the lower lights as well as their ability to nail it on the upper lights. You will never have the same accuracy on the lower lights as you will on the uppers, but we have been kickin it on the one and the four hour while we wait for markets to resume trend.
Trade safe,
Dr. Bob
Thursday, December 8, 2011
IM-POH-TENT ANNOUNCEMENT
HANNA AND I WILL BE AT THE DENTIST THIS AFTERNOON.
I AM NOT SURE WHEN WE WILL BE BACK OR WHAT STATE OF ANESTHESIA I WILL BE IN.
FOR NOW, I AM GOING TO ASSUME THAT WE WILL NOT BE BACK IN TIME TO DO OUR SHOWS.
I WILL CHECK INTO GETTING AN ARCHIVE PLAYED
Trade Safe,
Dr. Bob
I AM NOT SURE WHEN WE WILL BE BACK OR WHAT STATE OF ANESTHESIA I WILL BE IN.
FOR NOW, I AM GOING TO ASSUME THAT WE WILL NOT BE BACK IN TIME TO DO OUR SHOWS.
I WILL CHECK INTO GETTING AN ARCHIVE PLAYED
Trade Safe,
Dr. Bob
A Night At the Races, at the Daily FX and Free FX Forum
This Vamps is a typical day at the races during the European session in the Vampire Trading Room.
You should join us one night. We could go out later for a bite?
Had to wake up. Call of nature you know. { Bat Guano} Also found my Day Trade up a fewcents
Lol, excellent up is quite a bit better than down
Thanks to you for the DT rules
Looks like a EJ breakout
Glad you like them, I am long on a one minute euro, looks like it might be a fake, but I had a real good run on a short earlier which will make up for the ten pip loss and give me 8 on top of itGlad you like them, I am long on a one minute euro, looks like it might be a fake, but I had a real good run on a short earlier which will make up for the ten pip loss and give me 8 on top of it
I've was in the ej four hour a couple days ago, it went to second target for 65 pips then stopped me out at break evenI've was in the ej four hour a couple days ago, it went to second target for 65 pips then stopped me out at break even
If you mean the four hour, yes it is stretching the bollingers
hehe, my long is at break even
or should i say , was
out of that one, in short now
it wants to break down, but its stuck at the grid
ok, its pushed passed the grid now
lol, and whipsawed back up again
If this one stops out, I end the night down 2 pips. I will take my loss with my tail between my legs and retire in shame!!!! LOL!!If this one stops out, I end the night down 2 pips. I will take my loss with my tail between my legs and retire in shame!!!! LOL!!
It's coming back down, I might not have to whimper away
I am going to pull it at break even, tired of watching it. I will saunter proudly away with my 8 pips if it hits b/e
ok, looks like I might be whimpering
Stay tuned for more after an announcement from our sponsor
HELLO, THIS IS BOB, WONDER WHY BOB IS SMILING?
And now, back to our show
Great, the darn thing had a band break to the up side
MyDT moved a bit more .I closed half and moved to BE .Then got stopped out. Anyhow it worked for me. Thanks.
OK stopped me out, ten pip loss, I am minus two for the night on the one minute thingy, but I am WAYYYYY up on my day chart tradesOK stopped me out, ten pip loss, I am minus two for the night on the one minute thingy, but I am WAYYYYY up on my day chart trades
Good for you. Back to bed. Later
Closed half in profit, excellent, even with the stop out at B/E , you did great on that one. It was actually larry townsends who compiled the plan from Sharaks talksClosed half in profit, excellent, even with the stop out at B/E , you did great on that one. It was actually larry townsends who compiled the plan from Sharaks talks
later robert sleep tite
This was the trading room tonite. The conversation is between myself and Robert Sample.
You really ought to join us some night
Trade safe,
Dr. Bob
You should join us one night. We could go out later for a bite?
Had to wake up. Call of nature you know. { Bat Guano} Also found my Day Trade up a fewcents
Lol, excellent up is quite a bit better than down
Thanks to you for the DT rules
Looks like a EJ breakout
Glad you like them, I am long on a one minute euro, looks like it might be a fake, but I had a real good run on a short earlier which will make up for the ten pip loss and give me 8 on top of itGlad you like them, I am long on a one minute euro, looks like it might be a fake, but I had a real good run on a short earlier which will make up for the ten pip loss and give me 8 on top of it
I've was in the ej four hour a couple days ago, it went to second target for 65 pips then stopped me out at break evenI've was in the ej four hour a couple days ago, it went to second target for 65 pips then stopped me out at break even
If you mean the four hour, yes it is stretching the bollingers
hehe, my long is at break even
or should i say , was
out of that one, in short now
it wants to break down, but its stuck at the grid
ok, its pushed passed the grid now
lol, and whipsawed back up again
If this one stops out, I end the night down 2 pips. I will take my loss with my tail between my legs and retire in shame!!!! LOL!!If this one stops out, I end the night down 2 pips. I will take my loss with my tail between my legs and retire in shame!!!! LOL!!
It's coming back down, I might not have to whimper away
I am going to pull it at break even, tired of watching it. I will saunter proudly away with my 8 pips if it hits b/e
ok, looks like I might be whimpering
Stay tuned for more after an announcement from our sponsor
HELLO, THIS IS BOB, WONDER WHY BOB IS SMILING?
And now, back to our show
Great, the darn thing had a band break to the up side
MyDT moved a bit more .I closed half and moved to BE .Then got stopped out. Anyhow it worked for me. Thanks.
OK stopped me out, ten pip loss, I am minus two for the night on the one minute thingy, but I am WAYYYYY up on my day chart tradesOK stopped me out, ten pip loss, I am minus two for the night on the one minute thingy, but I am WAYYYYY up on my day chart trades
Good for you. Back to bed. Later
Closed half in profit, excellent, even with the stop out at B/E , you did great on that one. It was actually larry townsends who compiled the plan from Sharaks talksClosed half in profit, excellent, even with the stop out at B/E , you did great on that one. It was actually larry townsends who compiled the plan from Sharaks talks
later robert sleep tite
This was the trading room tonite. The conversation is between myself and Robert Sample.
You really ought to join us some night
Trade safe,
Dr. Bob
Wednesday, December 7, 2011
Forex Analysis of a Penney a Day Doubled For a Month
Analysis of a penney a day doubled for 30 days. Here is the situation:
I give you the choice of taking one penney a day doubled for thirty days, or one million dollars in cash right now. That means at the end of the first day, my penney becomes two pennies, the second day my two pennies becomes four pennies, and so on and so on for a month.
If you havent seen this, the results might be of interest. If you have seen this, then you already know, dont take the million!
This is a drastic demonstration of the results of compounding.
I give you the choice of taking one penney a day doubled for thirty days, or one million dollars in cash right now. That means at the end of the first day, my penney becomes two pennies, the second day my two pennies becomes four pennies, and so on and so on for a month.
If you havent seen this, the results might be of interest. If you have seen this, then you already know, dont take the million!
This is a drastic demonstration of the results of compounding.
1).02
2).04
3).08
4).16
5).32
6).64
7)1.28
8)2.56
9)5.12
10)10.24
11)20.48
12)40.96
13)81.92
14)163.84
15)327.68
16)655.36
17)1310.72
18)2621.44
19)5242.88
20)10485.76
21)20971.52
22)41943.04
23)83866.08
24)167772.16
25)335544.32
26)671088.64
27)1348177.28
28)2684354.56
29)5368709.12
30)10737418.24
2).04
3).08
4).16
5).32
6).64
7)1.28
8)2.56
9)5.12
10)10.24
11)20.48
12)40.96
13)81.92
14)163.84
15)327.68
16)655.36
17)1310.72
18)2621.44
19)5242.88
20)10485.76
21)20971.52
22)41943.04
23)83866.08
24)167772.16
25)335544.32
26)671088.64
27)1348177.28
28)2684354.56
29)5368709.12
30)10737418.24
20 pips a day for one year= 5200 Pips, a worthy sum, that will create millions of dollars, and you don't need 100% interest per day. It might take a teeny tiny bit more than one month though.
Remember with the power arrow combo forex trading strategy that we are using now, we have a great degree of accuracy. I am finding 20 pips a day rather easily. I am cherry picking my trades and only taking them if each and every duck is in a row.
Sometimes, I will go to a lower chart and demand that each duck is in a row there also. I still get the occasional head fake, but they are occasional. My wins are better than my losses.
Trade safe Vampires,
Rabbi Sharak Zoor, and Dr. Bob
Dr. Bob's Daily FX and Free Forex Forum
Hello Vampires, and welcome to Dr. Bob's Daily FX, and Free Forex Forum. Rough nite tonite.
It went ok, ended up with 25 pips, but the charts were rough.
Ray Cambell and I were the only ones awake in the room. Thank the stars for the Power Arrow Combo trade. I am really starting to think it is the best Forex Trading Strategy around.
Yes, it requires a lot of confirmation, but when you get it, it is really rare that it does not hit first target.
We played the Euro and had 4 winners and one loser. Luckily the loser got cut almost right away by another opposite power arrow.
Another nite, walked away good.
Trade Safe,
Dr. Bob
It went ok, ended up with 25 pips, but the charts were rough.
Ray Cambell and I were the only ones awake in the room. Thank the stars for the Power Arrow Combo trade. I am really starting to think it is the best Forex Trading Strategy around.
Yes, it requires a lot of confirmation, but when you get it, it is really rare that it does not hit first target.
We played the Euro and had 4 winners and one loser. Luckily the loser got cut almost right away by another opposite power arrow.
Another nite, walked away good.
Trade Safe,
Dr. Bob
Tuesday, December 6, 2011
Dr. Bob's Daily FX and Free Forex Forum
Hello and welcome to Dr. Bob's Daily FX and Free Forex Forum. The market right now is kind of on the dead side. When it decides to not be dead, it gives quick moves without a whole lot of warning. About the best you can expect from a forex trading strategy in these conditions is not to lose money. Well, we are not losing any and even making a couple of bucks. The following analysis is done from the day chart using Sharaks Grid Trade, with confirmations from Sars, VTN Trigger, and the Big Breakfast.
The EURO- beep, beep, beep, beep, flatlining
The POUND- The POUND is in a short trade and is now about at breakeven. We shall see.
The EJ- No new grid breaks, waiting patiently
The GRAVEYARD- No gridbreaks, no open trades.
The ROO- No new Grid Breaks, no open trades
The CHEESE- The CHEESE is in a North bound trade, with stops at break even.
Tough trading week guys. Lots of rangebound pairs. Tighten your grids, lower targets and ride it out. We have been doing it so far.
The EURO- beep, beep, beep, beep, flatlining
The POUND- The POUND is in a short trade and is now about at breakeven. We shall see.
The EJ- No new grid breaks, waiting patiently
The GRAVEYARD- No gridbreaks, no open trades.
The ROO- No new Grid Breaks, no open trades
The CHEESE- The CHEESE is in a North bound trade, with stops at break even.
Tough trading week guys. Lots of rangebound pairs. Tighten your grids, lower targets and ride it out. We have been doing it so far.
Monday, December 5, 2011
Dr. Bob's Daily FX and Forex Forum
Hello and welcome to Dr. Bob's Daily FX and Forex Forum
Note: All analysis is done off of the daily charts and we are using Sharaks Grid Strategy with confirmation from the BB, Sars, and Power Arrows
The EURO- Nothing, in a consolidation for the last seven or eight days.
The POUND- Southbound grid break a few days back, still in trade.
The EJ- Still in a northbound trade started on the 28th.
The GRAVEYARD- Still sleeping
The ROO- Still in a northbound trade for the past four days.
The CHEESE- The CHEESE stinks, stay away.
Trade safe,
Dr. Bob
Note: All analysis is done off of the daily charts and we are using Sharaks Grid Strategy with confirmation from the BB, Sars, and Power Arrows
The EURO- Nothing, in a consolidation for the last seven or eight days.
The POUND- Southbound grid break a few days back, still in trade.
The EJ- Still in a northbound trade started on the 28th.
The GRAVEYARD- Still sleeping
The ROO- Still in a northbound trade for the past four days.
The CHEESE- The CHEESE stinks, stay away.
Trade safe,
Dr. Bob
CHANGE IN EURO GRID CHANNEL NUMBERS
We have changed the numbers on the euro channels to see if we can get a little more accuracy in this terribly volatile market.
The new numbers are 1.33627
1.33140
No halves or quarters for now
The old numbers were 1.33814
1.33144
Hope that helps
Trade Safe,
Dr. Bob
The new numbers are 1.33627
1.33140
No halves or quarters for now
The old numbers were 1.33814
1.33144
Hope that helps
Trade Safe,
Dr. Bob
DANGER WILL ROBINSON, DANGER!!
Was up and in the saddle since 3 am, mostly to just frustrate myself.
Had a bunch of head fakes, and a couple of small runs, but in general the market was stagnant.
Everything stayed in a small tight range and did not offer a whole lot of moves.
If you are asleep, stay that way.
I'll wake you if anything happens.
Trade safe,
Dr. Bob
Had a bunch of head fakes, and a couple of small runs, but in general the market was stagnant.
Everything stayed in a small tight range and did not offer a whole lot of moves.
If you are asleep, stay that way.
I'll wake you if anything happens.
Trade safe,
Dr. Bob
Thursday, December 1, 2011
Dr. Bob's Daily FX and Forex Forum
Hello everyone and welcome to Dr. Bob's Daily FX and Forex Forum.
All trades discussed on this forum are using the sharak grid trade strategy with the power arrows and the big breakfast used as confimations. These are the trades that I find good enough to enter.
The EURO- the EURO is not moving much at the moment and has been in tight rangebound channel for a few days. I am expecting a break out on Sunday or Monday.
The POUND- the POUND is showing no new grid breaks.
The EJ- The EJ has been in a trade for 4 days. First target achieved for a total of 90 pips. Stops are at breakeven
The GRAVEYARD- the GRAVEYARD is dead. We are down to bare bones at the GRAVEYARD.
The ROO- I don't see nothing new, on the ROO
The CHEESE- The CHEESE still stinks.
All pairs seem to be in a position of tight consolidations. It requires patience in this or any other Forex Trading Strategy to wait it out until the right trade situation appears.
Remember for maximum safety, I use a combination of indicators for an entry. I like the grid break, the bb Bolinger break, combined with a power arrow. When I get them all we got so many ducks I can't hear myself think. But those are the trades that I go a little heavier on.
Trade safe,
Dr. Bob
All trades discussed on this forum are using the sharak grid trade strategy with the power arrows and the big breakfast used as confimations. These are the trades that I find good enough to enter.
The EURO- the EURO is not moving much at the moment and has been in tight rangebound channel for a few days. I am expecting a break out on Sunday or Monday.
The POUND- the POUND is showing no new grid breaks.
The EJ- The EJ has been in a trade for 4 days. First target achieved for a total of 90 pips. Stops are at breakeven
The GRAVEYARD- the GRAVEYARD is dead. We are down to bare bones at the GRAVEYARD.
The ROO- I don't see nothing new, on the ROO
The CHEESE- The CHEESE still stinks.
All pairs seem to be in a position of tight consolidations. It requires patience in this or any other Forex Trading Strategy to wait it out until the right trade situation appears.
Remember for maximum safety, I use a combination of indicators for an entry. I like the grid break, the bb Bolinger break, combined with a power arrow. When I get them all we got so many ducks I can't hear myself think. But those are the trades that I go a little heavier on.
Trade safe,
Dr. Bob
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