DislikedBig difference with the Cad and Eur/Cad my friend when it come to location (swing High) and other confluences (fib retracment.) I'll let the charts speak for themselves.Ignored
Indeed, you have summarized the whole method here.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedBig difference with the Cad and Eur/Cad my friend when it come to location (swing High) and other confluences (fib retracment.) I'll let the charts speak for themselves.Ignored
DislikedI was in that EURCAD trade as well.
By yesterday it was clear that it was not behaving properly, some news came out (I forget which) which briefly brought price back to BE and I got the hell out.
To quote Livermore
"If a stock doesn't act right don't touch it; because, being unable to tell precisely what is wrong, you cannot tell which way it is going. No diagnosis, no prognosis. No prognosis, no profit."Ignored
DislikedDifference is in the result. If both are positive , both would be nice trades to take. As EURCAD was not, I see that we can always find reasons why the setup was not so good to take. After the fact of course.
Thank you for your opinion.Ignored
DislikedDifference is in the result. If both are positive , both would be nice trades to take. As EURCAD was not, I see that we can always find reasons why the setup was not so good to take. After the fact of course.
Thank you for your opinion.Ignored
DislikedEURCAD triggered yesterday. You probably took it on the close 3 days ago.Ignored
DislikedI know... and it did, but I decided to take a day off today...
Looking to buy one of these.... Great hobby for the old man and boys.Ignored
DislikedAnyway, no method works for everyone, if it doesn't work for you then move on.Ignored
DislikedI was in that EURCAD trade as well.
By yesterday it was clear that it was not behaving properly, some news came out (I forget which) which briefly brought price back to BE and I got the hell out.
To quote Livermore
"If a stock doesn't act right don't touch it; because, being unable to tell precisely what is wrong, you cannot tell which way it is going. No diagnosis, no prognosis. No prognosis, no profit."Ignored
DislikedAwww. Nice!!! Shift+Ctrl+Tab works too. ...Much better
Cheers bro!!Ignored
DislikedWell guys
End of week 1 of my initial 3 month period and no trades taken. Saw the Loonie pin but was not A++ IMHO so passed on that one. No feelings of frustration either as hopefully this is the start of me developing better paience and discipline.
One of my personal rules is no trading beyond noon GMT on a Friday, so as it is rapidly approaching that time I am going to call it a day/week. Will be back on Sunday again to check the weeklies+dailies and see what next week brings. Have plotted all my PPZs and await the market coming to me..........rifle...Ignored
DislikedI love this business, viewing charts and watching trades develop actually relaxes me. If I have a bad day (outside of trading) I'll go study some charts, look at my watch list, etc., and it calms me down.
What makes it more fun is talking, learning, teaching and discussing this business from every one on this great thread/forum.
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Dislikedagreed, there is nothing else i would rather do w/ my time. some of my friends play video games, but i am sorry to me that is such a waste of time. but to them when i try & talk about forex i might as well be speaking in a foreign language. i cannot understand why anyone would not be fascinated by all of this. but oh well, to each their own.Ignored
DislikedIt might fall like a rock....
It's all in your mind, it's all in your mind....lol
Why do you think 97% of people lose all their money, because they don't know what they doing?
NO, it's because they have weak brains (psyche)....
Meditate, meditate, meditate.... I know for the guy your age is the last thing you want to hear....
I also know that majority of folks reading this won't believe me either. Fortunately, It does NOT matter...
Have a great weekend all.Ignored
DislikedYes, it makes great difference in the spread sheet,
so I lock 1pip now
PeterIgnored
DislikedPlease i will like you to talk about what you will meditate on.thank youIgnored
DislikedGreat hobby but be careful it is very addicting. Next thing you know you'll have 20 or so!!! Ask me how I know.Ignored
DislikedRead the second book from my profile page at least once a month for the next 3 months (just like your demo acc). That'd be the first step...Ignored