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- RobinHood replied 6 hr ago
GBP/USD AUD/USD EURUSD And if you want to take a wilder ride: GBP/JPY AUD/JPY EUR/JPY 1 Min. - Scalping (Not advised to do) 5 Min. or 15 Min. - Day Trading 4 hr. or Daily - Swing Trading
Trading Made Simple(r)
- RobinHood replied 9 hr ago
I do trade Futures and the Forex sometimes but currently, I mostly trade stocks.
Trading Made Simple(r)
- RobinHood replied 23 hr ago
Yes, a lot! I don't trade that exact template much anymore, but it still works just as good now as it did almost 6 years ago.
Trading Made Simple(r)
- RobinHood replied 32 hr ago
From Post # 10,030: "About my other question, I watched how Robinhood explained that he suggested Micro futures to new traders, but the capital needed is misleading even form small accounts." TradeStation is one of the most used brokers to trade ...
Trading Made Simple(r)
- RobinHood replied Mar 15, 2025
You asked me: "Was curious as to where you personally would enter a short position on the following chart" I answered, but you also must keep in mind what I wrote on Page 1, Post # 1: "What you must understand is that what's presented, as it's ...
Trading Made Simple(r)
- RobinHood replied Mar 14, 2025
Here's a day trade I made today based on the 4 charts I showed earlier today in Post #10,018. I have heard many a trader say "indicators don't work" or "I don't use any indicators"...blah, blah, blah, to each his own. So I am going to break down the ...
Trading Made Simple(r)
- RobinHood replied Mar 14, 2025
I don't use it because it doesn't fit my trading style, and when day trading the S&P which I do every day, I rarely enter before 10 a.m. eastern time.
Trading Made Simple(r)
- RobinHood replied Mar 14, 2025
I can't give you one specific answer because there are too many variables that I don't know. I am looking at just one piece of the puzzle, but just based on your image there are several different entry methods one could employee here. But if you ...
Trading Made Simple(r)
- RobinHood replied Mar 13, 2025
Go back and re-read Post #10,001. I just updated that post with some interesting trading books that you can download.
Trading Made Simple(r)
- RobinHood replied Mar 13, 2025
I get it. It happens to me almost every day, remember... "Perspective Determines Opinion" So here's my perspective about it... Does every professional baseball player swing at EVERY perfect pitch (at least in theory)? Yes. Does he hit the ball every ...
Trading Made Simple(r)
- RobinHood replied Mar 13, 2025
The higher time frames such as 4 hr. and the Daily.
Trading Made Simple(r)
- RobinHood replied Mar 13, 2025
On average (simple guess) how much time do you spend on the charts? About 10-13 hours a day. Do you have a set timeframe that's your favorite? 2 min. charts when day trading. Do you avoid specific times? Usually 3 -4 p.m. eastern time. Second ...
Trading Made Simple(r)
- RobinHood replied Mar 12, 2025
Personally, I dislike the way Price moves on a 1 min. chart most of the time, but it's like a train wreck that I can't stop watching, lol. I much prefer the 2 min. as it is usually way smoother than the 1 min. Here's an example from my trading ...
Trading Made Simple(r)
- RobinHood replied Mar 12, 2025
Good, I am pleased to hear that you are having success using the RSO as it's a very powerful indicator, but it also takes a long time to understand its many nuances. It takes hundreds of hours of screen time to train your eyes to see it all, or at ...
Trading Made Simple(r)
- RobinHood replied Mar 12, 2025
I always try to be conscious of S/R areas but I don't use them to trade per se. Personally, I think they work better on the Forex than they do on stocks. The Forex often trades between "levels" thereby creating S/R areas. The Forex is just ...
Trading Made Simple(r)
- RobinHood replied Mar 12, 2025
This was really good. I created the quote: "Perspective Determines Opinion" What it means is, how you look at something determines what your opinion is about it. For example, if you go to the airport and you look head on at a 767 jetliner on the ...
Trading Made Simple(r)
- RobinHood replied Mar 11, 2025
I have not introduced the way I am currently using the RSI because it usually takes quite a bit of nerve to use it in the way that I am going to explain because I am usually Shorting while Price is going up and I am going Long when the Price is ...
Trading Made Simple(r)
- RobinHood replied Mar 11, 2025
That's another good idea that I can see where it could be helpful to some traders.
Trading Made Simple(r)
- RobinHood replied Mar 11, 2025
The emas settings I use are very important to my trading success. They are: 3, 8, 21, 34, 55, and 200. But as long as the 8, 21, 34, 55 align correctly, that's mainly all I care about.
Trading Made Simple(r)