DislikedHi Raz & Psycic,
Hope you guys are fine. I have been watching the market! Have earned few quids and lost too. Is there anything we can do to catch the signal little early as most of the time I can see it's a bit late when I catch a signal once the RSI crosses 55 line. and I'm only opening trade when I can glue to my PC as I found catching 25 pips are not always easy, may be my luck is not that good! I'm sorry if I sound too foolish! Believe me, I'm trying hard to learn and get into discipline.
Good luck to all my friends...Ignored
Yeah it is tough. I try not to watch all the candles all day long, or I would go insane. however what I do most of the time, considering I am only interested in the close of a candle, not the open;mid;high;low, but just the close. So what I do is I use a little alarm timer that goes off 3 mins before each close of a candle. That 3 mins allows me enough time to analyze if I do have a trade or nothing. Sometimes based on price action I know that I will not be able to get any sort of a valid entry for the next 3 to 4 candles. Then I walk away and do something else. For example if it is 03:00, and I know that I can be away for 3 candles then I put the alarm at 04:26 to go off. That way I am not starring at my monitors are freakin night. If the volatility is kicking up, then I usually set my alarm to off every hour, an example, 03:00 to set it at 03:57, or even sooner at 03:27. This sounds tideous, but that is how I have been doing it. I have not been able to make an alarm system to go off when a potential trades is coming up.
The only other thing that I can recommend is to join us on windows live messenger, where we talk pretty much of what is coming up as a possible trade right before they happen.
Trade Like a Robot make money Like a Bank