I have a demo-account with MT5.
I lay in the couch with my Ipad.
Basically i just look at the numbers, how they dance.
And then i watch the clock, what time it is, then i translate that to english time and american time. Sometimes i think about asians but not so often.
So i think about people what emotions they are having on average, and if their backs are starting to hurt.
When their back are starting to hurt, i think they go from computer and set some stop-loss, so risk decreases.
Then i'm just thinking they are coming out of meetings and trying to get lunch etc, or have to go to some meeting.
I'm just pressing based on what i think everyone is doing. And the general mood of the news.
Also i go to forexfactory and press the red news, and think what would make people happier.
I usually don't use stop-loss, i like the take-profit option better. So i scale off some portion on the way up, then i might sell the last portion manually if i'm feeling tired and about to fall asleep.
When i wake up, i look at what the numbers been doing then go into a new trade and get a coffee.
As i slowly drink the coffee i watch the numbers dance again, if i lose i call it "fake move" and then go cook some food after setting a take-profit level usually
the take-profit took me out of the trade.
I do bad trades when i have other things to think about or alot to do. Also if i haven't slept or exercised in a while it goes to hell.
Also i trade New York opening, but not the London opening(cause i usually sleep 1 hour more).
On my indicators are: Fast/slow RSI(but i rather watch numbers), ema 200, moving average(200) moving average(14) and moving average(2)
i usually just look at price numbers and the candles but glare at em occasionally.
I see the numbers as an sensitive person who is having up's and down's throughout the day.
This is how my set-up looks:
I lay in the couch with my Ipad.
Basically i just look at the numbers, how they dance.
And then i watch the clock, what time it is, then i translate that to english time and american time. Sometimes i think about asians but not so often.
So i think about people what emotions they are having on average, and if their backs are starting to hurt.
When their back are starting to hurt, i think they go from computer and set some stop-loss, so risk decreases.
Then i'm just thinking they are coming out of meetings and trying to get lunch etc, or have to go to some meeting.
I'm just pressing based on what i think everyone is doing. And the general mood of the news.
Also i go to forexfactory and press the red news, and think what would make people happier.
I usually don't use stop-loss, i like the take-profit option better. So i scale off some portion on the way up, then i might sell the last portion manually if i'm feeling tired and about to fall asleep.
When i wake up, i look at what the numbers been doing then go into a new trade and get a coffee.
As i slowly drink the coffee i watch the numbers dance again, if i lose i call it "fake move" and then go cook some food after setting a take-profit level usually
the take-profit took me out of the trade.
I do bad trades when i have other things to think about or alot to do. Also if i haven't slept or exercised in a while it goes to hell.
Also i trade New York opening, but not the London opening(cause i usually sleep 1 hour more).
On my indicators are: Fast/slow RSI(but i rather watch numbers), ema 200, moving average(200) moving average(14) and moving average(2)
i usually just look at price numbers and the candles but glare at em occasionally.
I see the numbers as an sensitive person who is having up's and down's throughout the day.
This is how my set-up looks:
Attached Image (click to enlarge)
You have an IQ lower than 90 if you interact with this user.