I know this system really works. all i need to do is DISCIPLINE ! Still learn and try to do it.
Tonight homework is reading Disciplined Trader.
TP: 27 pips
Tonight homework is reading Disciplined Trader.
TP: 27 pips
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DislikedGold, will buy at 1779-1785 range if the support holds the test.Ignored
DislikedGU:
I made a late session entry long (London already closed).
EP= 1.5709.
This has a series of higher HLs, with now the highs butting up against resistance line while lows continue marching up. This looks like a more probable breakout up, than down. The move, if it comes, might be delayed until tomorrow. With consideration for the HLs already cast I did not wait for another new candle to exit the Dragon for EP definement. I just looked for an opportunity to enter low. Anywhere inside the Dragon seemed reasonable for a long entry.
The SL is...Ignored
DislikedIt seems an ascendent triangle...difficult to trade this pair until PA clears it.
BTW...no wave here.
Regards,
Nando.Ignored
DislikedOf coz we trade.
I have catious long 1.363x area.. Swimming in small pond with pigs..
http://www.forexfactory.com/attachme...9&d=1316508193
SonicIgnored
DislikedUChf:
Entered long, EP= 0.8879.
This is a classic SonicR long, but high risk due to not being a London session trade. For analysis of HLs, I am ignoring the spike down (I have my reasons).Ignored
DislikedLooks like you are considering a short trade during the asian session. Your decision, but remember Sonicdeejay's recommendation to trade the London session.
On your chart, things would be clearer if you used blue or black for EP, and green for TPs.
Regards,
-tahIgnored
DislikedThanks for feedback...will take advice on colors scheme. Ended up closing out trade manually for small profit after it couldn't catch any momentum. Unfortunately due to work and family, most of my demo will likely be in Asian session. I am going to try to start getting up one or 2 days a week to trade the London open, just for the feel of it. When I do get up, it appears I've missed most of the moves (5am est).Ignored
Dislikedanyone want to do an analysis on EURJPY? Tah, you've done a pretty good one on the last one. Sonic, what about you?Ignored