It seems like everytime I start a new journal online I either get so confused by the posts that I end up shutting it down or I fail to continue updating and it never comes to fruition. I'm Hoping this time will be different. All the setups I will post are not guaranteed...Its very likely i could be wrong...and if someone thinks I am please notify me.
Things change very quickly in these markets and sometimes it will be impossible to update the posts quickly enough to reflect the technical change. This is one of the reasons why I like to focus on Long Term Charts (1/2 daily -to- daily+). If you are unable to figure out the long term direction then the short term calls aren't nearly as profitable. I prefer to avoid scalping and focus more on high expectancy systems...systems that when they lose, lose 1 and when they win, win 5-10. This IMHO opinion is almost impossible to achieve scalping 5-20 pips here and there. Not saying there aren't people that make money doing this thats just not what i choose to focus on.
My charting goals are-
1) To see all (as many as physically possible) scenarios before they occur and then choose the one that the price action follows.
2) Present you with what i believe to be high probaility setups in the hope that a few of you...only those few who have had there head handed to them for 2-5 years in the FOREX and learned from there mistakes.....will take my technical studies and present solid evidence to either support or invalidate the models.
My theory is if the markets going to move the technicals will present the move before it occurs. I'm not interested in your opinions only what you can show me on a chart or explain fundamentally. If theres no solid evidence to support it then its only an opinion. Lets do our best to keep this thread as professional as possible.
Please don't ask about the companies I use or the suppliers of the tools that create these models. I am a new member of the Forum and i will not support, deny nor endorse any products here on the forum.
My main advice about deciphering my techinical studies is to look deep into the charts...on some of my posts a casual glance will not do. Try your best to see the pattern...theres always a pattern within these studies just sometimes it's more difficult to acknowledge.
Things change very quickly in these markets and sometimes it will be impossible to update the posts quickly enough to reflect the technical change. This is one of the reasons why I like to focus on Long Term Charts (1/2 daily -to- daily+). If you are unable to figure out the long term direction then the short term calls aren't nearly as profitable. I prefer to avoid scalping and focus more on high expectancy systems...systems that when they lose, lose 1 and when they win, win 5-10. This IMHO opinion is almost impossible to achieve scalping 5-20 pips here and there. Not saying there aren't people that make money doing this thats just not what i choose to focus on.
My charting goals are-
1) To see all (as many as physically possible) scenarios before they occur and then choose the one that the price action follows.
2) Present you with what i believe to be high probaility setups in the hope that a few of you...only those few who have had there head handed to them for 2-5 years in the FOREX and learned from there mistakes.....will take my technical studies and present solid evidence to either support or invalidate the models.
My theory is if the markets going to move the technicals will present the move before it occurs. I'm not interested in your opinions only what you can show me on a chart or explain fundamentally. If theres no solid evidence to support it then its only an opinion. Lets do our best to keep this thread as professional as possible.
Please don't ask about the companies I use or the suppliers of the tools that create these models. I am a new member of the Forum and i will not support, deny nor endorse any products here on the forum.
My main advice about deciphering my techinical studies is to look deep into the charts...on some of my posts a casual glance will not do. Try your best to see the pattern...theres always a pattern within these studies just sometimes it's more difficult to acknowledge.