This looks great and all, however are you going to explain your exact rules so we can learn from you, or let us know what you are selling?
Ignored
I'm not selling anything. I like to see what other people are seeing, not to make trading decisions, because it interests me. I am posting on my own page because people sharp shoot each other on these threads. I'm just documenting what I'm doing for me or anyone else who cares to look. I'm not trying to teach. If you had a business idea that gave you a competitive edge over your competition you wouldn't give it to them, (or sell it to them). If someone is selling you a trading method on here, they don't have anything. There are lots of trading methods that are seductively promising, but they ultimately just don't work.
I learnt correlation from freshforex mentors, I think, all we need to do is to learn from others. Even with the most best, strategy, if the strategy does not take into account correlation, it may not achieve to its potentials
I learnt correlation from freshforex mentors, I think, all we need to do is to learn from others. Even with the most best, strategy, if the strategy does not take into account correlation, it may not achieve to its potentials
Ignored
I use correlating charts to get a better look at the trade I'm interested in. If I'm looking at two correlating charts and one hits the mark before the other, I know the trade may have been missed.
The first thing I learned was wave theory which I mastered, but it was ultimately only a building block for my trading. Having an open mind to alternative ways of looking at things is important to me.
This all looks good, but are you going to share your trade rules with us?
Ignored
The only two questions I've received on this thread are wondering what I'm selling so here's my response:
I'm not selling anything. I like to see what other people are seeing, not to make trading decisions, because it interests me. I am posting on my own page because people sharp shoot each other on these threads. I'm just documenting what I'm doing for me or anyone else who cares to look. I'm not trying to teach. If you had a business idea that gave you a competitive edge over your competition you wouldn't give it to them, (or sell it to them). If someone is selling you a trading method on here, they don't have anything. There are lots of trading methods that are seductively promising, (and this is their point of manipulation), but they ultimately just don't work.
The 3% of traders who really do this have studied charts for thousands of hours, studying inefficiency in Patterns. The one's who make it, simply out work the person next to them, like in any business.
{quote} Do you think GBPUSD will open up to 1.42 this week then break back down to 1.40? Also, what are your thoughts on on EURUSD rising up to 1.24 or falling to 1.230? Thanks in advance, your charts are great.
I only trade pattern set ups, which have no predictive nature until the pattern forms. Right now neither of those pairs have set up.
I’ll keep you posted when that changes.
{quote} I only trade pattern set ups, which have no predictive nature until the pattern forms. Right now neither of those pairs have set up. I’ll keep you posted when that changes.
Ignored
Thank you. My trend lines and support/resistance lines have been quite accurate but I agree on their unpredictability right now.
