time to take a break from long week infront our desk or phone at trading..
also a time for us to look back our past 5 day at trading..
where should us fix or improve from our mistake/loses that we have made..
for more better..noted down them all..
we’re human so can’t ran away from making mistake..
also i’m want to add some from yesterday topic..
USING STOP LOSS OR NOT..
i’ve post yesterday some from that..
at forex some said..
everything going up will going back down
same when going down also went back up..
how long price will take time to going back at our position point?
and how many pips we want to target from its?
let say..floating red with 100-200pips and price back at our entry point we close them with BE or small green..
let think how many we can made at that 100-200pips range play before back to our early position..
so how about learn to accept small loses and came back with big gain..
everybody will not have same trading style or thinking
just my 2 cents of trading style that want to shared with all of you..
just an opinion..
great weekends all
i always get this question from all of you..
’how you know price will play that way’
’how you can get so accurate price/entry’
’why your stop always not hit’
’how you know that and this’..
all above is from focus how market play,always noted down all the action,hardwork,experience and never have a ‘give up’ words in my life..
mastered and trust our system/methods
mastered every pairs that in your list one by one..
i always see lots of us sinks or get burn by market..
as long we can’t control or discipline ourself..
so we can’t achive any success..
not only take ‘jesse livermore rules’ as example..
but take also as example why he keep falling or loses back all his winning money..
for me that the main thing we need to learn..
he made rules but he always go against his own rules..
so keep inside us and don’t go against our own rules..
2 setup spotted = trendline n harmonic
btw mr akim if im not mistaken on gold 4 H there was a 5lwma bear setup was it but it was push higher rite
only have bear setup at small tf like m15 to h1 and yes bull keep push price higher..
I want to use your hammer to push Gold down.
after keep rejection again n again at 80
so i close my short there..
when there a bad new..
will come some good news from china soon..
market job to make traders losing control..
so traders easy give money to them..
its part of trading when highly patience needed..
those 3 kind of trading style have different impacts for different person..
some just play 1 from its maybe others play 2 from its..
for me i play all 3 of them..if have more style maybe i learn more..
every of my trades i builts from scalping..
then hold for next level then next level..
my trading rules..
can read at famous jessie livermore rules..
i take and learn his rules..
Been trading Oil this week and have been incredibly successful using this method.
Hope everyone is doing well
you haven't read page 1 yet .
but here is the setup which is still forming (sell setup)
1. -how to know or tracking when shoulds we enter for buy/sell..?
first for MA 5 high (red)
we must see if the MA 5(high) going outside top BB
2.after MA 5 high going outside BB so we need to wait 1st bear cs to forming then we need a bull cs to test again at highest level before price to start reverse..
our entry is when price start to retest or trying to going higher again..so we wait to sell at the nearest resistence level..
and a comment ..but market always tricky,sometimes those MA 5(high/low) not going outside but the set up still valid.its happen 2 years behind now..
So practical , we wait for bear candle and then bull candle to test 1585 area.
If break then BULL is on and price will go north untill next resist.
If at this level , we get a bear candle and then a bull candle BUT price dont go higher than 1585 , then we have sell setup even if 5MA didnt touch the upper band.
I hope its clear.
Look AREA A and B .
if you wait enough , you get the price you want and enjoy the ride .
Thanks mate, i think i really missed first page, seems logical now, well since weekend is going on so also going on. will get back on Monday and read again.
read 1st page again and again
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