DislikedRe : Global Economy Today all stock market US Europe China go down hard Is that CIA guy right ? What a nightmare :-((( Cmon stop nosediving.... bounce back please This is scary times we live in Global Meltdown ? @Jac I don't know what to do if it collapses, we are all in trouble, no jobs, no food (buy real gold ?) If it doesn't collapse, ..... please do not collapse (hope strategy, abandon all hope ?) @cakra have a great party while you can :-) Re : Trading @fti For trading strategy, fti is right don't listen to anybody just listen to the market...Ignored
If market going down go with it.... if it going up go with it...... like it add some more.... hate it take scout out and get in better .......... like it but too early add some more for better average price of all trades in the dance..... let it teach you and you will learn more as you go. FTI has not given us a trading strategy........ but even better AOW..... answer is in you now.
Start with your trend in m5 what was last wave like what is price doing now(look at m15/h1/d1 too).........build from there a bit at a time. Look for where strength lies......if it is sideways then you would not rush in full attack would you and if it is trending nice you can attack it.
If you are having trouble do it and post your trade here... and we can comment as best we can.
Rules are made up by market as he(she) goes along.... we just try to dance along.
You still think there is a holy grail...........this takes time but is worth it so stop fighting and get in. Been there... know how you feel. Stop worrying about what you cannot change... every day we can breathe is a gift.
Here is what I did ..... I think.... danced short with my eurusd man first today.... nervy (see D1/h1) but followed cautiously. Bit half asleep in brain ...up pre London open.. looked at last m5 wave down (looked at m15/h1/d1 also) and watched slower PB (looked at strength of candles in wave down and then weaker PB) ...got scout out (price was going long but in my selling zone potentially (see last candle in prior uprun before price built waves short again) and weakening/turning (by feel)) then got in at perfect time after scout in...... nervy so smaller attack and before London open. GPB already short (GBP news up in a bit so careful) so felt they would want their money back from eur so RoK looking good for me (EG turned also).... went my way so good for me.... did not overstay (lots of reasons & buyer zone ahead/news etc and reaction to zone strong) did I do it right ... how do I know... just did it my way trying to follow my man...I am really not that good either (getting better tho) but trying to let go and flow with it more and more... trying to let go of rigidity/predictions... my attack is bit weak but working on it and I am not currently my normal self so......think that is everything I was thinking about at time....oh and time of day important... and duck zones
Alex
check out the terrain - follow never lead