- Post #2,439
- Quote
- Mar 30, 2011 10:33am Mar 30, 2011 10:33am
- Joined May 2010 | Status: Member | 1,166 Posts
- Post #2,440
- Quote
- Mar 30, 2011 10:33am Mar 30, 2011 10:33am
- | Joined Aug 2006 | Status: Member | 1,242 Posts
Are you a trend trader or a counter-trend trader? 29 replies
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DislikedIt's what u can see in the pics I posted. For setting up long orders you said to use the blue lines and for short the red lines. I highlighted what the levels to go in the ticket order should be instead. Hope that explains my thought. On post #2334 I attached a spreadsheet to get such levels automatically. Do you mind having a look?Ignored
DislikedYes, overall I am saying up trend but as mentioned by a couple of people, it is mostly ranging from the past few days. It really is not established in a solid up or down until it breaks the main support/resistance again.
Just my thoughts.Ignored
DislikedThanks. I tend to suffer from 'range blindness' and sometimes struggle to see which way we should be leaning- hence my question about the MAs.
Thanks again.Ignored
DislikedI can't speak that well for the ranging market. What I have been watching are the bounces off of the support and resistance and if there is divergence with them. I do not want to say that I would trade them every time. Some certainly look like good set-ups.
Anyone else with thoughts on the ranging market signals?Ignored
DislikedI've been doing the same thing, looking for divergence off the bounces - but I think this is due to the fact I am used to being in the market more, I think this is something I need to remove from my mindset, the need to be in the market.
Divergence said yesterday (or early hours this morning for me) he has only had 12 trades this month - I definitely think I am overtrading (hence more losses)Ignored
Disliked100% agreed. I have been trying to tell myself that Divergence only gets 10-14 a month in the morning and i am trying to get 10-14 every second. As he has said, if you can be successful on those 10-14, you will make money.
I constantly need to tell myself to stop overtrading and walk away from the charts. It doesn't work that often. At least not yet. Working on it.Ignored