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Italians Trade It Better

Quoting ItaTrader93
There are a lot of concept we all know, but just a few of us really understand. During last months, I do understand the importance of react instead of predict. I used to make lots of predictions, and paradoxically I did lose money even if they were 70/75% correct! In last weeks I started react. Just this. Got a plane, then watch and react. There is no space for prediction, as the only thing we can know is the past. TRADING RULE N3: Stop trying to predict the market trend, just read and react.
I see you subscribed to Dadas. What do you think about? I visited his site and I am very perplexed about. Fundamentally he uses PA but I did not find anything really original.
Do you have any opinion about?
By the way, in which town of Italy do you live?
Greetings
Quoting filostro
{quote} I see you subscribed to Dadas. What do you think about? I visited his site and I am very perplexed about. Fundamentally he uses PA but I did not find anything really original. Do you have any opinion about? By the way, in which town of Italy do you live? Greetings
I sent you a PM.

I'm in Rome.
It's not over, until I win.
Good setup on CAC40 (french index).

I'd like to see a 5 minute candle closing below the green level to (maybe) open a short position with target up to the upper side of green zone.
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It's not over, until I win.
CAC40 H1 chart.
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It's not over, until I win.
TRADING RULE N°4: Good day trading is the result of a good larger timeframe analysis
It's not over, until I win.
Yesterday's results:

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Not a great day, but I still took some profits despite the first trade was wrong again .

First and last trades are from november 3rd, the broker closed the last position in loss automatically (don't know why) so I had to close even the first (hedging trades). By the way, the week balance is positive.

An advice: if put the black candles on the chart and you look at the graphic, you'll have a clearer idea of the markets classic movements. It's a good exercise to become familiar with the market.

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It's not over, until I win.
  • Post #47
  • Quote
  • Edited Nov 7, 2015 9:50am Nov 6, 2015 2:40pm | Edited Nov 7, 2015 9:50am
End of the week.

It took all today to manage a wrong trade on eurgbp, but I came out well

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So, this is the week result:

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WEEK 1: +5.88%.
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It's not over, until I win.
Update: small profit just before EU close.

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WEEK 1: +6.20%
It's not over, until I win.
TRADING RULE N5: Easy things work best.
It's not over, until I win.
  • Post #50
  • Quote
  • Edited 1:44pm Nov 9, 2015 1:34pm | Edited 1:44pm
All right.

Today's results have been terrible.

I made every possible mistake.
Seriously, I got all wrong: I closed one position instead of another, got distracted several times, traded against my own strategy.

I had a superficial approach, and market punished me taking back the entire gain of last week.

I will never fall into this stupid mistakes again.


TRADING RULE N6: Recognize your mistakes.
It's not over, until I win.
Last two days:

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It's not over, until I win.
Hy guyz, here I am again.

I had to take a pause from trading for personal reason, but I obviously came back

Last days were incredible, I nearly took profits every time I got in the market.
It's not over, until I win.
Had a good week.

I'm looking for a short entry on GBPJPY up to 167.506.
It's not over, until I win.
Long opportunity for tomorrow.
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It's not over, until I win.
For the next 1-3 days.

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It's not over, until I win.
And here it is!

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It's not over, until I win.
Results of today.

Great job.

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It's not over, until I win.
Wait and see.

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It's not over, until I win.
Let's see.
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It's not over, until I win.
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