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Trading is as simple as 1-2-3

  • #7,601
  • Edited 4:40am Dec 20, 2018 4:02am | Edited 4:40am
GBPCAD short same bar.
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  • #7,602
  • Dec 20, 2018 4:47am Dec 20, 2018 4:47am
EURAUD short.
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  • #7,603
  • Dec 20, 2018 4:54am Dec 20, 2018 4:54am
Quoting pundit78
GBPCAD short same bar. {image}
SL hit
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  • #7,604
  • Dec 20, 2018 4:59am Dec 20, 2018 4:59am
EURNZD short
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  • #7,605
  • Dec 20, 2018 5:31am Dec 20, 2018 5:31am
Stay away these can hurt you
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  • #7,606
  • Dec 20, 2018 7:50am Dec 20, 2018 7:50am
Quoting pundit78
EURNZD short {image}
BE +5 hit
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  • #7,607
  • Dec 20, 2018 7:59am Dec 20, 2018 7:59am
Quoting pundit78
EURAUD short. {image}
BE+5 hit
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  • #7,608
  • Dec 20, 2018 8:10am Dec 20, 2018 8:10am
Quoting pundit78
{quote} I agreed it did not make 123 but pls check why I took this position. Pls help in eliminating this confusion. {image}
JMN explains it well - and you simply can't win 'em all.

What you could have looked at there perhaps would have been the fact that you had the Daily Pivot above and price will tend to aim for that before showing a reaction, so with price being where your trigger bar was, the percentages would suggest that price would have continued on to at least the DP level.

Again though, that's all in the subtleties learned through experience, not in the original method.
  • #7,609
  • Dec 20, 2018 8:12am Dec 20, 2018 8:12am
Quoting mizi123
GMorning GU Lem im testing pins how further thay can push the price when born as a new high {image}
Kl kl. Happy for you to do the legwork. Pippy and I just got bored!

I would certainly agree there is worth in them if in combination with significant levels (you know I use Supply + Demand).
  • #7,610
  • Dec 20, 2018 8:17am Dec 20, 2018 8:17am
Quoting mizi123
Good advice! {image}
Psychologically this can be a strong approach if handled properly.

I have a friend who goes into every trade expecting to lose and having tried the same - as initially I was sceptical - I can say that it is actually immensely freeing. Releases a lot of pressure.

Perfectionists do not always make good traders if they do not manage to handle the expectations they have of success on every trade.

This is the main difference between the psychology of professional sports and trading, which are often compared to one another.
  • #7,611
  • Dec 20, 2018 8:29am Dec 20, 2018 8:29am
Quoting lemercenaire
{quote} Psychologically this can be a strong approach if handled properly. I have a friend who goes into every trade expecting to lose and having tried the same - as initially I was sceptical - I can say that it is actually immensely freeing. Releases a lot of pressure. Perfectionists do not always make good traders if they do not manage to handle the expectations they have of success on every trade. This is the main difference between the psychology of professional sports and trading, which are often compared to one another.
And allso you know that i like your ADVICES even punches thanc you Lem!
  • #7,612
  • Dec 20, 2018 9:40am Dec 20, 2018 9:40am
Quoting lemercenaire
{quote} Psychologically this can be a strong approach if handled properly. I have a friend who goes into every trade expecting to lose and having tried the same - as initially I was sceptical - I can say that it is actually immensely freeing. Releases a lot of pressure. Perfectionists do not always make good traders if they do not manage to handle the expectations they have of success on every trade. This is the main difference between the psychology of professional sports and trading, which are often compared to one another.
awesome&wise quote!
trading is like dancing, don't think and just listen to the music!
  • #7,613
  • Dec 20, 2018 10:16am Dec 20, 2018 10:16am
Another win GU
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  • #7,614
  • Dec 21, 2018 8:26am Dec 21, 2018 8:26am
GBPJPY loss
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  • #7,615
  • Dec 21, 2018 8:38am Dec 21, 2018 8:38am
Another loss EURJPY, am I doing something wrong.
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  • #7,616
  • Dec 21, 2018 9:21am Dec 21, 2018 9:21am
Quoting pundit78
Another loss EURJPY, am I doing something wrong. {image}
do you know its christmas time?!

Inserted Video
trading is like dancing, don't think and just listen to the music!
  • #7,617
  • Edited Dec 22, 2018 2:03am Dec 21, 2018 9:49am | Edited Dec 22, 2018 2:03am
Quoting birdland
{quote} do you know its christmas time?! https://www.youtube.com/watch?v=j3fSknbR7Y4
I do not think Christmas time is taking my SL, there is something wrong with the trades.
  • #7,618
  • Dec 21, 2018 11:19am Dec 21, 2018 11:19am
GBPJPY win, need to filter A++ setups.
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  • #7,619
  • Dec 21, 2018 11:58am Dec 21, 2018 11:58am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #7,620
  • Dec 21, 2018 1:13pm Dec 21, 2018 1:13pm
Quoting pundit78
{quote} I do not thing Christmas time is taking my SL, there is something wrong with the trades.
It means that in time of cristmas market moves in iregullar way ... do you understand!? Is because of holiday make comperation what you do in holidays and working days!?
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