Quote
Keep your ego & emotions aside and then analyze charts and you will see it from different perspective. It doesn't matter whether you missed a trade or you win or lose. Observe price action, make your notes and prepare yourself for the next opportunity. Study every day with the aim of being better today than you were yesterday.
I have created this thread to post my QM (Quasimodo) Charts in order to keep separate record of all my strategies, which are mentioned in my Trading Journal http://www.forexfactory.com/showthread.php?t=215394. As such separate thread will be created in future for all strategies.
The purpose of this thread is to post chart examples from past as well as upcoming setup, without giving emphasis on the outcome of a trade. The main objective is to keep practicing.
All strategies I use are analyzed on all time frames, such as from 1 Minute to Monthly. As such charts will be posted for all time frames and pairs, as time permits.
I analyze each setup based on risk to reward ratio and give no emphasis to pips earned etc. For example if I take a 1 Minute time frame setup with 5 pips stop loss and 10 pips take profit than my profit would be +2R and loss would be -1R.
Another setup taken on Daily time frame with 100 pips stop loss and 200 take profit would eventually give same outcome and profitability.
Keep your ego & emotions aside and then analyze charts and you will see it from different perspective. It doesn't matter whether you missed a trade or you win or lose. Observe price action, make your notes and prepare yourself for the next opportunity. Study every day with the aim of being better today than you were yesterday.
I have created this thread to post my QM (Quasimodo) Charts in order to keep separate record of all my strategies, which are mentioned in my Trading Journal http://www.forexfactory.com/showthread.php?t=215394. As such separate thread will be created in future for all strategies.
The purpose of this thread is to post chart examples from past as well as upcoming setup, without giving emphasis on the outcome of a trade. The main objective is to keep practicing.
All strategies I use are analyzed on all time frames, such as from 1 Minute to Monthly. As such charts will be posted for all time frames and pairs, as time permits.
I analyze each setup based on risk to reward ratio and give no emphasis to pips earned etc. For example if I take a 1 Minute time frame setup with 5 pips stop loss and 10 pips take profit than my profit would be +2R and loss would be -1R.
Another setup taken on Daily time frame with 100 pips stop loss and 200 take profit would eventually give same outcome and profitability.
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The purpose of knowledge is action, not knowledge
