Personal Trading Discussions

I need to up my game I am still on my old version 1.0 lol

Looking good, but was better the other one ...

Still not knowing what you talk about , but this is just my view ...

Is it working? I think it is good that you are doing your own version because it is the process that matters. You can use multiple indicators to do it, but the key is understanding what it is you are doing. Once you get the pattern established in your mind, then you can create it in the software.

" I have no interest in competing for my signals on a global scale." - this is forex not stocks, and here on a unregulated fx where price is manipulated via ohlc on all brokers, i highly doubt that your signals could be in danger; inf act, from 10 traders with same signals, only one will be able to get the most out of it: YOU! rest will be average Joe trying and failing...

Anyway, i'll get back to my place now, not trying to pull you out or something, just made an observation...

good trading!

All good. Thanks for your opinion.

"It" works well, I am always working on the trader that job is always a work in progress.

I found that for me, rather than fighting my body's natural tendency for fight/flight, I acknowledge it will activate, thank it for doing it, and then tell it I am trading so I do not need to fight/flight from anything. Then take a deep breath and concentrate on the math, not the price action. The market makers want you to watch the candles because they understand it triggers emotional responses. That is why the blacked out candles are so effective. They diminish anxiety. But, they are better for practice and historical review. I have to color them back up when trading because I need to see stop levels. But, by reviewing history and marking trades without using the candles, then coloring them in and checking your marks, it trains your brain to realize individual candles are not signals, so you do not have to pay attention to them.

The nature of trading small time frames has its own inherent conditions you have to train yourself to accept too. When the small time frame ranges, you won't be making big profits per trade and the whipsaw is going to get annoying. You have to be willing to lose some trades, but keep trading, because it is the accumulation of trades that determine your profit. I might make 9 trades and lose or break-even on 3-4, but still pull over 100 pips. In nearly everything else in life, losing sometimes is common and no big deal. But for some reason, in trading, it becomes oversized and overblown. Just have to keep giving yourself common sense. When I find myself feeling that way, I am quick to remind myself how many poker hands I ante compared to how many I win, and still leave with more than I came with. I am targeting the swing, not the range, but I have to take all the opportunities because I do not know which is which until the exit signal. Once you train your brain that your business plan is ante and ante and ante, fold if you are wrong, and hold if you are right, then pulling the trigger becomes routine. If you develop your strategy like mine, then having the same point for entry and exit turns into a "follow the bouncing ball" pattern and limits emotional response. On rangy days you eventually get a swing. On swing days you laugh at how easy it was. It is all about practice. Even now, at the end-of-day I review all my trades and trading signals and look for anything I can improve. I also spend time on weekends reviewing pairs and time frames I did not trade by marking entries/exits using blacked out candles and then coloring them in and observing the profit potential. The more I see I am right, the less I worry about it when it is real. All that remains is tracking major news release times so I am not going to get blindsided by a spike. Other than that, just be awake.

For me
https://www.forexfactory.com/showthr...3#post10114713
https://www.forexfactory.com/showthr...9#post10114749
https://www.forexfactory.com/showthr...9#post10114769
https://www.forexfactory.com/showthr...1#post10114801
https://www.forexfactory.com/showthr...1#post10114841
https://www.forexfactory.com/showthr...7#post10115077
https://www.forexfactory.com/showthr...4#post10115134
https://www.forexfactory.com/showthr...1#post10115171

I just read my May 2017 post and realized I don't trade like that anymore. I still identify the swings, but have modified my signal to include the ability to trade the swings within the swing. I now prefer this over the other.

https://www.forexfactory.com/showthr...5#post10458055
https://www.forexfactory.com/showthr...3#post10458163
https://www.forexfactory.com/showthr...1#post10458201
https://www.forexfactory.com/showthr...2#post10458292
https://www.forexfactory.com/showthr...0#post10458340
https://www.forexfactory.com/showthr...1#post10458391

Family and Friends,
It is December 2017. What a great year of trading! Please do not forget to declare your tax method for next year, so you can be sure it is dated prior to the beginning of next year. A simple statement using notepad, such as "I elect to use the Section 1256, 60/40, method of taxing profits from trading the Foreign Exchange Currency Market" with an electronic signature is all you need. Once written, don't change anything so the date stays set, or save it to a thumb drive, or print it out and actually sign it. The important part is you chose the tax method before 2018 and have some way to prove it.

If I miss you in correspondence, then please have a Merry Christmas and a Happy New Year!

New for 2018, I introduce a bare bones view of our newest design. We retain the normal chart tools, though I have enhanced the field design. It is almost possible to trade without indicators now, though I would not recommend it. It aids in seeing projected trade points across multiple screens at once. In addition to the new Swing Tracker (shown in the screenshot), there is a new Price Tracker that shows the "sweet spots", and we retain our normal Market Tracker. Like the previous design, this new design does not require candles to trade it, so it is the best of both worlds; quick viewing charts and fast decision-making signals. It should be an exciting year.

Have been working on a conversion signal from my MQ4 template that "might" be available on MQ5. Hopefully I never have to use MQ5, but better to prepare than not.

Family and Friends,
It has been another really fun year of trading. Hopefully everyone has had success. It is time to make a new tax declaration statement for 2019, so do it now so you don't forget.

Happy Holidays!! Merry Christmas!! Happy New Year!! Good Luck in 2019!!

https://www.forexfactory.com/showthr...4#post12313874

Family and Friends,
I hope you had a successful year and will continue it for 2020!! It's that time again to make your tax declaration for next year. Good Luck in 2020!!

Family and Friends,
Normally I would remind you to update your tax declarations at this time of year, but hopefully you saw my post about shifty tax law changes and did it in July instead. If not, the July deadline did not specify Forex, so if you did not do it in July, go ahead and do it now and hope for the best. Good Luck in 2021.