Well, if there is something wrong with Custos, there is also something wrong with me
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DislikedThank's Shomari, I like to get comments on the setups, It's a quick way to learn from mistakes or my lack of knowledge..... When I look at the eurjpy daily there is a retrace to the sma's, maybe a good opportunity, but have to look at S&R's at the higher TF.
What is your opinion about the 'memory' of S&R lines, there are different approaches, when I look at the eurjpy weekly, there is a S&R line that is also respected in may/sept 2000...Ignored
DislikedAbout the May 2000 support level. I don't care. I'm trading the trend. If price stops at that level again, so what ? You just cash out and look for another trade. There's plenty of pips to be taken before we reach that level. Anyways, the world is different. The year 2000 ?!!! Most people didn't even know what www meant on a web address. Financial data wasn't so instantaneous. After 2008, I don't care what happened before, price moves based on the greeds and fears, of the here and now.
Of course....I could be wrongIgnored
DislikedOk, thank's, don't have to complicate things.
Well, 'the memory of s&r' is used by Walter Peters, I took his price action course, and he believes in the memory of S&R, a very good course btw, has some similarities with Hectors course.Ignored
DislikedOk, thank's, don't have to complicate things.
Well, 'the memory of s&r' is used by Walter Peters, I took his price action course, and he believes in the memory of S&R, a very good course btw, has some similarities with Hectors course.Ignored
Dislikedhow much have u paid for the course or have u downloaded from a torrent?Ignored
DislikedDude. Consider what we do HIGH LEVEL trading.
What do I mean by that ? HIGH LEVEL trading incorporates MANY STYLES of trading into one sort of, shoa lin monk, ninja, trading.
YES Hector INCORPORATES elements of S&R trading, but not only that, elements of TRENDLINE trading, price pattern breakout trading, the 30 50 100 SMAs that fund managers use, along with SWING TRADING, which is what the PROS do.
You can even include a type of scalping, seeing as we can do this in any timeframe. m15 m5 "scalps".
While many others might know, "elements",...Ignored
DislikedWell, I am still glad I found this thread, the pips will come..., Shomari, isn't it night in Miami? Just finished working?Ignored
DislikedYeah, the trading day starts at 3am EST for me. That's the beginning of London session. I rush home from work and start the trading day.
BTW I thought it was a crime not to be a football fan in Europe? LOL.Ignored
DislikedYeah, the trading day starts at 3am EST for me. That's the beginning of London session. I rush home from work and start the trading day.
BTW I thought it was a crime not to be a football fan in Europe? LOL.Ignored
Dislikedwell im at the begginig im not very good still learning also dont have money for the course and....Ignored
DislikedHello NM and all
Just found this thread. I spent almost a year wandering only in the system sections, but to my surprise, i cannot find any system suite my trading style. I just finished reading up to page 9, and found out NM only trades M30 and higher, but my personality is on M5, M15 at most. I am so anxious to see huge DD in higher TF. I can afford to lose 5 trades in a row for a system with 15PIP SL, but not 100PIP SL for 1 trade in H4 or D1.
But NM's teaching is priceless regardless. Will catchup reading his posts and try to use it on M5....Ignored
DislikedHi mkb1272,
thanks for the suggestions, but i dont think it would work for my mentality. It is the quick in quick out mentality that helped me not to be successful in forexYou know how hard to change one's characteristic. I know I can't. That's why i am searching for a system that works for me on M5 & M15. Even trading on small lot sizes on higher time frames, everytime i see a move against me tens of pips, then my mind keep telling me close it, close it, close it now or it go 100 pips against you. and then as soon as i closed the trade, it went...
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DislikedIf you're looking for the indicators and templates, they are in post #10871 and #10872.Ignored