Trade Without Fear
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DislikedCADJYP buy signal .. enjoy the ride for next few weeks . cheers {image}Ignored
Disliked{quote} Newbie, how do you manage your mental game here in this kind of situation where the trade is going negative. I know your SL is right bellow the pins, but do you get the feeling to close the trade and enter at the better position?Ignored
DislikedStill making mistakes, but I'm very happy with the results up to now. I have the feeling that the concept of supply and demand changed a lot for my trading. Currently only trading GBP pairs. And as newbie2014 said, patience is key, I'm also learning that! {image}Ignored
Disliked{quote} My biggest problem is pulling the trigger and losing confidence as time progress. After entering a trade I check every 5min to see If everything is going according to the levels, and every time I check the chart I find something new, like new trendline, a new pin, a new support and resistance etc... and I end up closing a possible winning trade... because of this new imaginary information.Ignored
Disliked{quote} I'm still a beginner, but it sounds like your head is all over the place and you are not following one strategy/method, whatever you wanna call it. I focus only on S&D levels and price action as confirmation for my entry. After pulling the trigger I do not move my TP, I only move SL to BE after 50% of the way to TP. I think the key is focusing on one thing and practicing this all over again. I read through some old posts from newbie2014 and this gives me confidence that if you grasp one concept and "train" it all over again, success and...Ignored
DislikedNewbie,some questions. You've said a lot of times that you trade supply and demand with price action.That is clear. What I'd like some guidance with is this : If I trade a H1 supply/demand zone,do I wait for a H1 confirmation or do I drop down to the M15/M5 for an entry?How would you go about it?Do you take the first sign of rejecting price action/the first pattern? Do you place SL above/below your confirmations or zone?What do you prefer? And,do you consider M15 supply/demand zones? Thank you very much.Ignored
Disliked{quote} if the zone if from 1H then i look the price action in 1H .. if u need more confirmation switch to bigger time frames as well.Ignored
Disliked{quote} if the zone if from 1H then i look the price action in 1H .. if u need more confirmation switch to bigger time frames as well.Ignored
Disliked{quote} If I understand you correctly you don't zoom in for a better entry? e.g. I draw my zones on H1 and if price is at zone switch to M15 for Price Action observation and finding a good entry point?Ignored