There are some very useful guidelines here that should be adhered to. Many of them changed the way in which I trade and form the cornerstone of my trading style. They are all relating to Price Action trading.[/quote]
Great Stuff Grim Strat your post on treating Forex Trading as a business was a timely reminder for people like me who are still struggling with the psychological demons and gremlins. In fact that is one of the things I like about this thread, is its emphasis on learning and sticking to the basics. I like the brain teasers but would agree with other posters that a follow up explanation would be good.One thing that is not clear to me is what are the different steps along the Path, I understand that learning PASR and trading between S&R using reversal candles is the first step but how and when do you progress? I like to know where I am going plus it might shake out some of the lurkers if they know this is going to be a LONG Path. I really don't see a lot of things to change , I also liked the idea of the weekly analysis of pairs but it should be restricted to no more than 5 pairs. Finally if I never trade forex again I am forever grateful to Strat and the other traders here for forcing me to take a look at the man in the mirror because that exercise has been very revealing.
Great Stuff Grim Strat your post on treating Forex Trading as a business was a timely reminder for people like me who are still struggling with the psychological demons and gremlins. In fact that is one of the things I like about this thread, is its emphasis on learning and sticking to the basics. I like the brain teasers but would agree with other posters that a follow up explanation would be good.One thing that is not clear to me is what are the different steps along the Path, I understand that learning PASR and trading between S&R using reversal candles is the first step but how and when do you progress? I like to know where I am going plus it might shake out some of the lurkers if they know this is going to be a LONG Path. I really don't see a lot of things to change , I also liked the idea of the weekly analysis of pairs but it should be restricted to no more than 5 pairs. Finally if I never trade forex again I am forever grateful to Strat and the other traders here for forcing me to take a look at the man in the mirror because that exercise has been very revealing.