This is floor-trading adapted to the screen.
Excellent thread.
Best wishes,
daytrading
Excellent thread.
Best wishes,
daytrading
Enter Signature
If you make money, does Oanda make money? 35 replies
EveryDay just need 10PIPS for make a living . 7 replies
Bulls make money, Bears make money. And Pigs get slaughtered. 12 replies
Everyday I make around 80 pips 33 replies
Short Term / Medium Term / Long Term? 3 replies
DislikedChoppy price action and -6 pips for early London session. Suppose it may have been better to sit on hands until after ECB meeting and Bernanke speech.Ignored
Dislikedhere's today's London open practice, total -6pips, but making better friends with price movements, it looks more clear where rests is needed and were straight movements are more probable, learning and practicing...Ignored
Dislikedthe price is very responsive to .25 levels ... I never would have imagined.
Today I tried it on m5 .... I did three operations ... the three reached the next level tp .25.
thanks friend for your strategy ... very good indeed
I use it my way, in any case I appreciate the ideaIgnored
DislikedThanks for pointing out the great short that I could have taken in the London morning session, Mongolia. Your feedback enhance my learning experience. Managed to end day with 5 positive pips. The mindset of fighting hard to end every day positive certainly helps.Ignored
DislikedHi Mongolian & everyone,
This is an excellent thread that I've just read through. I like the simplicity of a grid system.
I think I see the logic:- In a trend price moves through the grid levels, pulls back a little & continues onward. We enter using limit or stop orders at the grid levels. I don't yet get the detail of at what point these orders are made, & how the stop loss is calculated.
Attached is a chart of the EU for this afternoon (London time). I have a few questions from it.
Would you have considered a short in Area A? At...Ignored
DislikedHi, did some practicing after Unemployment Claims, very volatile market, a lot of great opportunities to learn. Results very rangy but +14 pips in the end. Here's charts with some thoughts and observations, if anyone would like to discuss ideas or specific situations i would be very happyIgnored
DislikedHi, did some practicing after Unemployment Claims, very volatile market, a lot of great opportunities to learn. Results very rangy but +14 pips in the end. Here's charts with some thoughts and observations, if anyone would like to discuss ideas or specific situations i would be very happyIgnored
DislikedThanks for pointing out the great short that I could have taken in the London morning session, Mongolia. Your feedback enhance my learning experience. Managed to end day with 5 positive pips. The mindset of fighting hard to end every day positive certainly helps.Ignored
Dislikedcongrats pa_pips on one more profitable day just one more perspective to look at mindset: what would change if one would concentrate on performance rather than on pip count? i'm glad that fighting metaphor works for you, more on metaphors here and if you are interested in that kind of stuff you could search works of Charles Faulkner. Maybe it will help in your trading somehowIgnored
DislikedMongolian & fellow traders,
I just wanted to stop by and share with you something I read last night after my trading session.
The author, Ed Ponsi, was talking about making our trading seem like a game for points instead of money.
Before I read this, I took the opportunity to "de-money" my trading station. I changed the counters to tell me how many pips instead of the dollar amounts, so last night as I was reading it, it really hit home how this was helping me.
This has meant that I have a less stressful time of trading. I'm focused...Ignored