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The Element of Time in Trading

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  • Post #361
  • Quote
  • Jan 7, 2021 7:31am Jan 7, 2021 7:31am
  •  pikeliver
  • | Joined Aug 2008 | Status: Member | 801 Posts
look at the 4 hour chart
and form the 16 hour chart in your mind
 
 
  • Post #362
  • Quote
  • Jan 7, 2021 7:35am Jan 7, 2021 7:35am
  •  pikeliver
  • | Joined Aug 2008 | Status: Member | 801 Posts
take four candles and put them in your mind to see what a 16 hour candle looks like
you are then starting to see what is invisible

what !
im going mad,you can see what other people cannot see
 
 
  • Post #363
  • Quote
  • Jan 7, 2021 7:37am Jan 7, 2021 7:37am
  •  pikeliver
  • | Joined Aug 2008 | Status: Member | 801 Posts
but if 90% fail
whats the problem
they dont know where to look for answers

its in the Mirror stupid

its you

think out side the box ?

i cannot even see the box anymore
 
 
  • Post #364
  • Quote
  • Jan 7, 2021 7:40am Jan 7, 2021 7:40am
  •  pikeliver
  • | Joined Aug 2008 | Status: Member | 801 Posts
wait for the candle to form

do not trade the embryo

Al Brooks

how many times,have you placed a trade,and then seen what a bad candle you bought or sold

too many

stop
 
 
  • Post #365
  • Quote
  • Jan 7, 2021 7:44am Jan 7, 2021 7:44am
  •  pikeliver
  • | Joined Aug 2008 | Status: Member | 801 Posts
Trump go or bad is a leader

people are like sheep,they just want to follow

you are here because you want somthing more
 
 
  • Post #366
  • Quote
  • Jan 7, 2021 7:48am Jan 7, 2021 7:48am
  •  pikeliver
  • | Joined Aug 2008 | Status: Member | 801 Posts
i will hand draw a few 16 hour candles,for you and start to post them

its fun,seeing thing other people cannot,or will not see

as its forex i will do a pair

and the Dow because its the Dow
 
 
  • Post #367
  • Quote
  • Jan 7, 2021 7:52am Jan 7, 2021 7:52am
  •  pikeliver
  • | Joined Aug 2008 | Status: Member | 801 Posts
the broker i use

the 4 hours are

14.00
18.00
22.00
02.00
06.00
10.00

each broker will use a diferent time,its not important
what is important is YOU and the flow of the market

see you later

eat well

its important
 
 
  • Post #368
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  • Jan 9, 2021 12:06pm Jan 9, 2021 12:06pm
  •  Mossma
  • | Membership Revoked | Joined Dec 2019 | 51 Posts
How much time you put into forex trading will determine how well you will be able to do forex trading Forex trading is kind of hard but if you take things the right way then you will be able to handle it. Most of the time people do not get to understand it and thais why they fail. If you give it time then you will be able to learn all there is to learn and then when you're ready you can go for live trading and do your best. Your best may not be the best best but what matters is that you are getting something out of it and that you are not lsong as others are. Forex trading is a very risky business but only for those who do not manage their time well.
 
 
  • Post #369
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  • Jan 10, 2021 7:37am Jan 10, 2021 7:37am
  •  Sainrad754
  • | Additional Username | Joined Aug 2019 | 81 Posts
Tme is a very important factor in trading because if you do not take control of your time than you may never be a successful trader. It takes a good trader to know the importance of tem because it applies in everything to do with forex. When you are treading the trade lasts a given time persiod and in that time person you should haev decided decided whether you want to buy or your want to sell. If you are not able to utilise that time then you rento ready for it yet. You can choose to go for the lgn trees or you can choose to go for the short term trades. There are those who prefer the shorter ones so that they can see the results in short time period.
 
 
  • Post #370
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  • Last Post: May 21, 2021 12:28am May 21, 2021 12:28am
  •  Jaredfoley
  • | Joined May 2021 | Status: Junior Member | 1 Post
Quoting pikeliver
Disliked
look at the 4 hour chart and form the 16 hour chart in your mind
Ignored
If you don’t mind me asking - what’s your reasoning behind the 16 hour time frame? psychological feature of price behavior?
 
 
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