Dislikedwe are all traders.like a family.
well come everyone and make this place one of the best place to learn and teach.!!!
like your work here.
Best Regards
shoIgnored
keep it simple and deadly
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Dislikedwe are all traders.like a family.
well come everyone and make this place one of the best place to learn and teach.!!!
like your work here.
Best Regards
shoIgnored
DislikedI just keep it real and simple, that's how trading always has been. But so do lots of others in here. It is just a matter of figuring out what the big boys are looking at and follow in their footsteps. Like you always say, hit and run, find the obvious trade setups that make technically sense, wait for the confirmation of the direction and jump in. Once she slows down, cover your trade and look for the next one.Ignored
Dislikedwell said
once a man told me if u wanna be a forex trader think like a brokerIgnored
DislikedYup and draw you SR's on with a crayon, not a pencil. Or use a line chart, keeps the noise out. And when you do your planning in the morning drawing all your lovely channels and TL's; safe it as a template for the day so you can refer to your original plan, and write down your targets for the day on a piece of paper. Can't go wrong with the basics. And lastly, keep your fingers clean.Ignored
Dislikedand keep the cat off your keyboard... especially when you are closed into the 30 second chart and have set up the buy button to click once
I have gone through 3 cats by not watching them closelyIgnored
Dislikedwhat a nice chart boy?? don't say like that, make me greedy , when i'm back my SL already gone,..
btw, last low just same she stop at daily OC again. i enter one more time, this one i move SL to BE, i don't want to take risk twice.Ignored
DislikedWouldn't it be easier to ride the waves towards the beach instead of the undertow out?Ignored
Dislikedand keep the cat off your keyboard... especially when you are closed into the 30 second chart and have set up the buy button to click once
I have gone through 3 cats by not watching them closelyIgnored
Dislikedthat would be the case ... but have to learn how to ride the waves first .... there are always those that get too far in front of the wave to catch and those that try to run after itIgnored
DislikedThere are different ways of approaching this, there are brilliant threads on EW you could look into, good Elliott traders can make a killing. There are simpler ways to start of with, put up a RVI and 25ma look at your M30 and hourly for the trend direction and play the M5 in the same direction on each rejection of the 25 and reversal of the RVI. You could use momentum indicators in the same way, you could use TL's of the 15 and 30 for direction and channels on the m5 as triggers as to the entry.
You need to play around with different setups on...Ignored
DislikedCloggie
Thankyou. I like simple as I can understand it deeply and learn to apply it correctly with practice. I have learned the most from the kind of simple charts like you have posted today. As I think what is drawn on the chart is significant and that is all that is necessary.
Here is a chart looking like yours on my MT4 now.
Awesome I can follow price by it and learn some more.
May I ask you how I can go about making the channel on M30 or M15 ?
All the best
IanIgnored
DislikedDon't forget Wormy, Kill and others, plenty of us here playing the same tune.
A close below the channel on the hourly and we are looking at 4895Ignored
Dislikedcloggie... did this happen or not ? please help me with the channel utl/ltl ?Ignored