DislikedI am waiting for this EA setup to be confirmed. Could possibly be a 1000 pip move imo. {image}Ignored
As the lights go by so too do the shadows move
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DislikedI am waiting for this EA setup to be confirmed. Could possibly be a 1000 pip move imo. {image}Ignored
Disliked{quote} I got in this trade at 1.4640. I am not the best long term trader and always end up kicking myself for not keeping trades open to original destination. I am thinking of a do or die attitude on this trade, ofc covering the position at reasonable stages though. I feel I must be in the wrong direction going by the IR but with the bullish divergence of the AU and indicators still pointing south on the EU the plan still stands. Next weeks data will be interesting, I am just hoping the trade can advance far enough to avoid spiking my SL during...Ignored
Disliked{quote} Watch last support (lows) since your entry is so close to it.Ignored
Disliked{quote} Yah thanks, it's the way I trade, not too economical but I tend to use BO area's rather than at supply/demand levels. It heightens risk but I find it has a better rate of success. I have given this trade a bit of room to move but will re-examine tonight/monday just to be sure it's not a fakeout that tends to happen at end of week/month profit taking. The R/R isn't bad so wont mind taking a small loss if it proves incorrect and re-enter if challenged again. EJ looks like could be moving to next supply level.Ignored
Disliked{quote} E/A and A/U are inversely correlated. If you have clear levels for at least A/U and E/U + E/A shouldn't be a problem for confidence to stay in trades.Ignored
Disliked{quote} Self doubt in this industry is a biach (it's an old nemesis of mine) but have found it is only fueled if using incorrect MMIgnored
Disliked{quote} I am watching the weekly TL (start 31.7.2011) for a possible bounce and further upside from BO.Ignored
Disliked{quote} (tried to paste about 100 of these to express agreement with this TOTALLY...)Ignored
Disliked{quote} Ahhhhhhhh yes...The ever popular, tilt your head and change the time frame, trendline... Well... Good luck, with that.. Ya see where price is now? Do you know why this is a safer area to short than is to go long? Because if price moves above, it will come back down...if price is rejected here...it's curtains for this bitch... Sure, I know there's a lotta AUD bulls in the house...like I give a shit...fact remains, we are heading in to summer session and this can really do whatever it wants. Below this line, it wants to devour...Ignored
Disliked{quote} Ahhhhhhhh yes...The ever popular, tilt your head and change the time frame, trendline... Well... Good luck, with that.. Ya see where price is now? Do you know why this is a safer area to short than is to go long? Because if price moves above, it will come back down...if price is rejected here...it's curtains for this bitch... Sure, I know there's a lotta AUD bulls in the house...like I give a shit...fact remains, we are heading in to summer session and this can really do whatever it wants. Below this line, it wants to devour some bulls......Ignored
Disliked{quote} I read an interesting article the other day that relates. It was about the difference of successful traders and the ones that blow accounts and it has nothing to do with IQ. Basically it was saying that the successful people are the ones that know what to do and have the discipline to be able to execute that knowledge. So many people "know" the truth of trading disciplines that is often read in the very first books they read on the subject but the problem is that traders, even the very brightest of us, fail to actually execute those lessons....Ignored