Interesting Podcast to listen till new release:
https://www.economist.com/podcasts/2...covery.content
https://www.economist.com/podcasts/2...covery.content
"Exchange of hands"
2
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cable short for gbpusd? 6 replies
Disliked{quote} Hi Pat, I am trying to learn from your charts and I see that you have marked 1.2027 and 1.1959 as significant S/R areas. How about 1.2000? On my chart I have marked this area as well. Do you think this is not significant S/R flip? I a wondering what is the difference or reason behind? {image}Ignored
Disliked{quote} My strategy is basically do the opposite if what price will do the instant I place an order. I use S&R on 4Hour but execute on lower timeframes. I've got a couple of moving averages that have taken me a long time to get right so that it reliably traces the highs and lows in a trend. Unfortunately, I'm constantly trying to guess the swing highs and lows, just as I was doing with the down move. Bought all the way down. Got absolutely raped. Getting raped again now during the sideways move when a simple Stochastic "overbought" and "oversold"...Ignored
Disliked{quote} Story of my life (except mine has been much longer years). You ripped those words right out my chest!Ignored
Disliked{quote} My strategy is basically do the opposite if what price will do the instant I place an order. I use S&R on 4Hour but execute on lower timeframes. I've got a couple of moving averages that have taken me a long time to get right so that it reliably traces the highs and lows in a trend. Unfortunately, I'm constantly trying to guess the swing highs and lows, just as I was doing with the down move. Bought all the way down. Got absolutely raped. Getting raped again now during the sideways move when a simple Stochastic "overbought" and "oversold"...Ignored
Disliked{quote} On the verge of closing my account and forgetting this dream. I'll just have to live in my pod and eat the bugsIgnored
Disliked{quote} My strategy is basically do the opposite if what price will do the instant I place an order. I use S&R on 4Hour but execute on lower timeframes. I've got a couple of moving averages that have taken me a long time to get right so that it reliably traces the highs and lows in a trend. Unfortunately, I'm constantly trying to guess the swing highs and lows, just as I was doing with the down move. Bought all the way down. Got absolutely raped. Getting raped again now during the sideways move when a simple Stochastic "overbought" and "oversold"...Ignored
Disliked{quote} On the verge of closing my account and forgetting this dream. I'll just have to live in my pod and eat the bugsIgnored
Disliked{quote} How can we help this guy people? Share some of your ideas! The only thing I can suggest is perhaps for you to choose one way of trading and then find someone here in this forum that uses this kind of strategy you like and follow them for some time. I am not saying that you should copy their trades, just try to learn by observing. I also shared the system I use so feel free to download it and perhaps give it a try on demo account and see if you're satisfied with the results you're getting. Not much else I can suggest unfortunately. You'll...Ignored
Disliked{quote} Thanks. I really appreciate the people here, I really do. I'm just not sure I have the temperament for this. I'm not disciplined. I always have to be in a trade because "this might be the start of the move" Take what just happened, is this a stop hunt or the beginning of a down move? Don't know, but I need to have a probability f either if I'm to decide whether to buy or sell. My stochastic is telling me it's a buy entry. My MA's are telling me it's a sell. We're in a 4hr support zone so buy?, or break through lower? Maybe my MAs or stochastic...Ignored