DislikedMany Thanks Pips,
Until I discovered this method I have loosed 50% of my account in 20 Days.
Then I take a pause to learn all about this great method, a BIG gift from Phillip, then If I can win more than loose, I'll change the nick
My 4Hour MACD it is given a small signal, but I think 162.00 will be a strong R1 at least for now.
bye
MIKEIgnored
Losing 50% of your account in 20 days has nothing ABSOLUTELY NOTHING to do with being a born winner or its opposite. Instead, it has to do with not knowing how to trade (which takes a lot of time to learn)...It is about learning the basic technical skills...learning patience and discipline...and most importantly, learning money management!!! These are all difficult to learn and they take time!
I think you are a born winner. Want to know why? (I'm going to tell you anyway)...hehe...gotta love forums, eh? ...I think you are a winner b/c you didn't blow through your whole account. Because you realized that you had to learn to trade....Because you are trying to become skilled. Please, let me know if I can help you in any way (not that I've got any skills other than I can type fast...hehe) .
No matter how this trade turns out...you still planned it and that is 50% of the battle (and I really like your scaling plan and your stop...Also, price is closing at or below IT Low of the highest peak...which I take as a good thing. Just wish MACD signal was stronger...but you are already up 20 pips...Again...WINNNNNNNNNNNNNER!
I'll stop now....hope I made you smile...and didn't make you mad...
Pips