Had a woeful AUDUSD revenge trade I don't even want to discuss. Finished for the week.
- Joined Nov 2006 | Status: Member | 3,927 Posts
to trade and code, keep both simple... no call to impress....h
Need help trying to devise method of backtesting system using straddling EA 0 replies
Trying to understand linkages 0 replies
Why trying to get in before the spike will never work 13 replies
Trying to "adjust" some code 1 reply
Trying to fix my metatrader charts... 9 replies
DislikedOff to real work today for the next 6 days.. Some thoughts for next week. Dont commit more than 2 trades until confirmation, then another 2 can pyramid in. Dont hunt reversals, hunt PA. Be open to both bull and bear Don't feel bad about TP nor closing trades if PA is telling me the tide is turning, chances are VERY high I will be able to re enter. Success is going to hinge on achieving trades with bigger pips . This is why good pivot traders do well, much bigger RR, small trades longer. I need some trades to last a couple of days, get 100pips. Just...Ignored
Disliked{quote} Take the time to recharge the batteries. Drop in and tell us your thoughts re going forward and I look forward to seeing how it goes next weekIgnored
DislikedTough morning for you - bit of a grind, to say the least. If you don't mind me asking, what are you actually basing your trade decisions on? I know you talk of PA and all well and good but the one constant I notice through your posts is the talk of ''thought it would...'' ''maybe...'' ''took a chance...'' ''changed my tune...'' etc. Best summed up in this: ''...bought at resistance, that's me. Anyway if it won't go south, maybe it will go North. As we all know it will do whatever it wants anyway.'' If you are using pure PA and you do seem to have...Ignored