1hr and Daily. All you need!
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Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedI did not take the chf 4 hr PB... I see it may have fired off at this point... but will it get far ?? I am not so sure... And also my principle rule is... I don't do 4 hr... heck, I still can't get daily right...Ignored
DislikedI have got to learn to take profit. I am going broke for not. My move yesterday was worth 150 pips, and I didn't take it! I watched it move back and got a wapping 10. Idiot.Ignored
DislikedI have got to learn to take profit. I am going broke for not. My move yesterday was worth 150 pips, and I didn't take it! I watched it move back and got a wapping 10. Idiot.Ignored
DislikedRegarding GFT, I am looking to go live with them, just need to be able to proportion my position to my risk. With this trade I was risking way too much because I didn't have the smaller lot size option.Ignored
DislikedHey hp,
please dont call yourself an idiot...I really hate all this beating ourselves up. You learned and thats that. About GFT, how are they these days, I had them on my first account all those moons ago and I loved the platform but they were really BAD at the time. Might be because I traded the news on them but they were very very unreliable back then. Can you put in less than 2500 now? That was the minimum then, I would really find out what other people say though first before you put any money in there...they used to do things like put my order on špending, so you couldnt even put an sl or tp on it, and then let you in when the market was against youš...lovely things like that. Maybe they have changed though, so ask around, I would, take care, RazIgnored
DislikedThanks Raz, I am my worst critic for sure. GFT's world office is about 30 min from my house in Michigan, and I have family that works with them. I like this, but MM is more important. You can open a smaller account, just for some reason I don't think they allow for smaller lot sizes on the demo. I think the smallest live accnt is $250-$500. I would rather just have over $1000 to start with for longevity but have to have micro lots. Of course, the broker that calls you is all nice, but would like to see me open with at least $2500.But, there is some truth to having room in your capital.
DionIgnored
DislikedYeah, you know my gft sales rep is so nice he STILL calls me lmao (I think he liked my voice over the telephone)RazIgnored
DislikedI would love to open more than one position, but currently I am demoing 2500 with GFT and can't get any smaller on my lots, nore open more.
Ok, lets analyze this trade. Entered short at 231.04 break of Wed. IB Maybe got greedy, but was looking for it to continue dropping to around 229, but should have taken the 229.50.Ignored
DislikedYeah, they are in the business to make money. Relationships=trust=your wallet/purse.Ignored
DislikedIf things dont change too much today SL & Tiki migh get another daily pin on the cad to play with..
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DislikedI would love to open more than one position, but currently I am demoing 2500 with GFT and can't get any smaller on my lots, nore open more.
Ok, lets analyze this trade. Entered short at 231.04 break of Wed. IB Maybe got greedy, but was looking for it to continue dropping to around 229, but should have taken the 229.50.Ignored
DislikedHey hp,
please dont call yourself an idiot...I really hate all this beating ourselves up. You learned and thats that. About GFT, how are they these days, I had them on my first account all those moons ago and I loved the platform but they were really BAD at the time. Might be because I traded the news on them but they were very very unreliable back then. Can you put in less than 2500 now? That was the minimum then, I would really find out what other people say though first before you put any money in there...they used to do things like put my order on špending, so you couldnt even put an sl or tp on it, and then let you in when the market was against youš...lovely things like that. Maybe they have changed though, so ask around, I would, take care, RazIgnored