Waiting on GBPUSD all week
Signal candle near the 50 fibo
Two entrys on 5 min chart
Both set to BE, love this method.
Signal candle near the 50 fibo
Two entrys on 5 min chart
Both set to BE, love this method.
Horizontal Lines on Round/Major Numbers? 28 replies
execution time for major broker, major pairs 3 replies
Trading With Speed Resistance Lines 12 replies
Trading With Median Lines book 1 reply
DislikedWaiting on GBPUSD all week
Attachment
Signal candle near the 50 fibo
Attachment
Two entrys on 5 min chart
Attachment
Both set to BE, love this method.Ignored
DislikedWaiting on GBPUSD all week
Attachment
Signal candle near the 50 fibo
Attachment
Two entrys on 5 min chart
Attachment
Both set to BE, love this method.Ignored
DislikedWaiting on GBPUSD all week
Attachment
Signal candle near the 50 fibo
Attachment
Two entrys on 5 min chart
Attachment
Both set to BE, love this method.Ignored
DislikedSo we finally got the signal we've all been waiting for to short GU. It even made approx a 100 move, with retrace price action to add another position. Then it retraced right back and stopped us out at BE...well at least for me anyways.
I find that rather depressing so I've decided that instead of adding new positions, I am closing out partial positions so I gain "something" when this happens...and that feels goodIgnored
Dislikedyour trading system is great
i use a trading system very similar to it to itIgnored
DislikedShould we have to analyse, how many of our good entries that fetched 100-400 pips after entry but died at BE while waiting for 500-1000 pips? If the number is over say 5-10 trades in a 2-3 months period...how should we consider it?.... thanks in advance for your valuable replies/suggestionsIgnored
DislikedSure it may feel good now but what happens when you cash out half your position for 100 pips and then the other half for 1000. You just missed out on 900 pips...Ignored
DislikedMy feeling is that GU is not ready to take a direction yet. It seems like it's floating around 1.6. I'd say fundamentals are holding the pound from going down.Ignored
DislikedI do feel things about directions/timing too.However i trade against my feelings deliberately if my technical analysis says other way around.
Because like most of you already know as a trader I just have to do that..
If i let my feelings effect my trading decision once then it will most likely take over all my trading skills by feeding me with greed,fear etc..Ignored
DislikedShould we have to analyse, how many of our good entries that fetched 100-400 pips after entry but died at BE while waiting for 500-1000 pips? If the number is over say 5-10 trades in a 2-3 months period...how should we consider it?.... thanks in advance for your valuable replies/suggestionsIgnored