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Entry Unholy

  • #4,441
  • Mar 13, 2019 1:59pm Mar 13, 2019 1:59pm
my perception is if you cannot make money consistently by trading one trade per day you not going to make money by trading two trades per day.....the momement you put up a trade your money is at great risk.

Levels are a matter of perception, how you trade them defines your success in trading.

First week was a bear, this Monday and Tuesday slightly bull......a bit of resistance here also a rising wedge......bulls taking profit and bears see value.....

we do not know what will happen for sure, both recent low and first weekly high can be tested.....
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trading is simple but is simple is not easy.
  • #4,442
  • Mar 13, 2019 2:05pm Mar 13, 2019 2:05pm
swing after swing on daily ,,pair after pair start ,a high a low a midpoint thts the start of the map
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  • #4,443
  • Mar 13, 2019 2:09pm Mar 13, 2019 2:09pm
Quoting ZenNy
my perception is if you cannot make money consistently by trading one trade per day you not going to make money by trading two trades per day.....the momement you put up a trade your money is at great risk. Levels are a matter of perception, how you trade them defines your success in trading. First week was a bear, this Monday and Tuesday slightly bull......a bit of resistance here also a rising wedge......bulls taking profit and bears see value..... we do not know what will happen for sure, both recent low and first weekly high can be tested........
Very good perception ,,mine similar ,slighlty altered tho , if one has the direction down right ,, by stuff tht happens consistently across pair after pair,, soon the risk of not being able to make anything is greater lol,,,, certain levels get used time after time ,,pair after pair ,,, even the big boys have to use something ,,, use what they use your odds go up exponentially,, becuase whether they know something or whether they dont ,,they move the mkt ,,plain and simple
  • #4,444
  • Mar 13, 2019 2:14pm Mar 13, 2019 2:14pm
time is a fleeting thing ,, some swings take longer some not so long depends on the fuel ,,,, news ,,, ,,but when previous high and lows are met ,,what happens ,, added too just touch then the other way ,,mid point half way in any thing is a good place to take stock of things in anything ,,mkt no different,,, but its not the high and low of a hourly ,, or a 4 hour or even the 8 hour it is the highs and lows from the worker bee ,,the grunt for the other big boys charts
  • #4,445
  • Mar 13, 2019 2:19pm Mar 13, 2019 2:19pm
Quoting ZenNy
my perception is if you cannot make money consistently by trading one trade per day you not going to make money by trading two trades per day.....the momement you put up a trade your money is at great risjk. Levels are a matter of perception, how you trade them defines your success in trading. First week was a bear, this Monday and Tuesday slightly bull......a bit of resistance here also a rising wedge......bulls taking profit and bears see value..... we do not know what will happen for sure, both recent low and first weekly high can be tested........
I agree in principal.....but everyone knows u dont win 100% of ur trades....isnt it like 90% of retail traders lose money or something?! So u have to make sure ur winning over 50%, and ur winners are a good RR.....then ur not losing, ur winning
  • #4,446
  • Mar 13, 2019 2:22pm Mar 13, 2019 2:22pm
the eur is going to have one or 2 big days a week ,, that is a given ,, its when the daily swing and big boy charts kick in ,, the lower ones looked exhausted and tired but the big boy just getting warmrmed up for the final push ,, to where ,,, a previous high or previous low ,, or a mid point to test ,, past the half way mark the journey seems faster ,, many times it is and when it does happen ,, many left sitting like a house beside the road or worse ,, wlked out with store unlocked and safe open ,, because "they thought "
  • #4,447
  • Mar 13, 2019 2:32pm Mar 13, 2019 2:32pm
In our world the retail world ,, the charts have to do the thinking ,, our translations of news and wht we think aint even gonna be close,,, many have seen it proved to themselves time after time news event after news event ,,yet do the same damn thing expecting different results ,,, one gets to a point where they have to question why
  • #4,448
  • Mar 13, 2019 2:38pm Mar 13, 2019 2:38pm
As to why ,, most have had the normal trading shit shoved down their throat from the 1st time they looked at a chart ,, you gotta do this you gotta do tht you gota keep track of this of that the list is endless ,, but most of it bull shit ,,thts trading ,,yea if you want to make no where close to whats available ,, if one wants to get more of whats available ,,then the same ole should really be scrutinized and wht is shit must be treated as shit and eliminated
  • #4,449
  • Mar 13, 2019 2:41pm Mar 13, 2019 2:41pm
Quoting digger1
As to why ,, most have had the normal trading shit shoved down their throat from the 1st time they looked at a chart ,, you gotta do this you gotta do tht you gota keep track of this of that the list is endless ,, but most of it bull shit ,,thts trading ,,yea if you want to make no where close to whats available ,, if one wants to get more of whats available ,,then the same ole should really be scrutinized and wht is shit must be treated as shit and eliminated
AMEN BROTHER!! That first line is me! But we workin on it lol...
Zip
  • #4,450
  • Mar 13, 2019 2:42pm Mar 13, 2019 2:42pm
And soon ,,your left with a high ,, a low ,, a midpoint ,, of daily swings ,,ya tradem ,,collect ,,, repeat ,,, thts trading ,,easy no ,, doable yes ,,takes a little practice ,, one decent trade leads to another then another and soon your getting a lot of what is available,,, with an idea of exactly how you got it ,,it is repeatable
  • #4,451
  • Mar 13, 2019 2:50pm Mar 13, 2019 2:50pm
Patterns ,, the famed w or m ,, text book no ,, get real,, this is reality ,, every thing like tht in trading ,, watch a high a low a mid point and you probably will see the makings of the beginning of the next one
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  • #4,452
  • Mar 13, 2019 3:14pm Mar 13, 2019 3:14pm
no cross ,, no topping out pattern ,, no high ,, 1332 was just the next level up ,,where is price at by days end
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  • #4,453
  • Mar 13, 2019 3:17pm Mar 13, 2019 3:17pm
Quoting digger1
no cross ,, no topping out pattern ,, no high ,, 1332 was just the next level up ,,where is price at by days end {image}
Why do u always circle those little bits that look like nothing to me on ur stochs?

Edit: i know the cross over part just not what ur showing with the flat bit circled
  • #4,454
  • Mar 13, 2019 3:23pm Mar 13, 2019 3:23pm
no cross ,,, just a high to test again ,,,,,,brexit ,,thanks for the volatility,,not oh brexit gonna send er to the basement ,, mkt does what it always does,,,cower in corner ,,hell no ,, have a little fun lots to made ,, could even get some 2 fers ,, 2 trips in the time it takes to usually make one
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  • #4,455
  • Mar 13, 2019 3:26pm Mar 13, 2019 3:26pm
Quoting Jp1
{quote} Why do u always circle those little bits that look like nothing to me on ur stochs? Edit: i know the cross over part just not what ur showing with the flat bit circled
where the signal line crossed ,,or the 50 line ,,little things,, bud,,click on and look at bigger picture lol
  • #4,456
  • Mar 13, 2019 3:29pm Mar 13, 2019 3:29pm
Quoting Jp1
{quote} Why do u always circle those little bits that look like nothing to me on ur stochs? Edit: i know the cross over part just not what ur showing with the flat bit circled
look at the moves ,, tht is something lol ,,, indis ,, useless no ,,not if used right , and if used right your not fighting a mkt or guessing ,,your collecting and i will use and tweak any damn thing tht helps me collect a few shekels,,, not get passed by
  • #4,457
  • Mar 13, 2019 3:38pm Mar 13, 2019 3:38pm
Quoting digger1
{quote} look at the moves ,, tht is something lol ,,, indis ,, useless no ,,not if used right , and if used right your not fighting a mkt or guessing ,,your collecting and i will use and tweak any damn thing tht helps me collect a few shekels,,, not get passed by
For me it tells me soemthing obvious now, after the event, where u can see it shoot up after.....but during the day when it happened, and flattened ever so slightly.....how should i have read that?
  • #4,458
  • Mar 13, 2019 3:41pm Mar 13, 2019 3:41pm
Quoting Jp1
{quote} Why do u always circle those little bits that look like nothing to me on ur stochs? Edit: i know the cross over part just not what ur showing with the flat bit circled
the 50 line ,, is an area to watch,, mkt flat ,, stoch at the 50 line ,, was price near a big level ,,,price had already probed above the mid point ,, then it used the mid point for support ,,or the old previous weekly pivot tht got used on way down ,,,only a qestion of when then ,,who s fat finger gonna trip it ,, any stop just above the mid point becomes fuel ,,, continuing to fight with stps just above adds more fuel ,, placing stps way above ,, and entering in little bits ,, soon just hoping to get out even or make peanuts ,,, peanuts not why I trade
  • #4,459
  • Mar 13, 2019 3:47pm Mar 13, 2019 3:47pm
Quoting digger1
{quote} the 50 line ,, is an area to watch,, mkt flat ,, stoch at the 50 line ,, was price near a big level ,,,price had already probed above the mid point ,, then it used the mid point for support ,,or the old previous weekly pivot tht got used on way down ,,,only a qestion of when thhen ,,who s fat finger gonna trip it ,, any stop just above the mid point becomes fuel ,,, continuing to fight with stps just above adds more fuel ,, placing stps way above ,, and entering in little bits ,, soon just hoping to get out even or make peanuts ,,, peanuts...
Ok thanks, good tip! Ive only ever paid attention to above/below 80/20.....never shit in the middle!
  • #4,460
  • Mar 13, 2019 3:49pm Mar 13, 2019 3:49pm
What does asia do ,, what is the daily open ,,what did london do , where is the 8 hour stchs ,, what are the weekly levels ,,price above some averages where is quarterly number price has reacted with time and time again ,,, which way might it go when you answer those questions ,,cam level ,,what is the next level when 3 has been taken out ,,,indis use less nah Ill use what ever gives me some shekels ,, does one get used to tools over night no ,, but them cam levels oughta be rasing some questions since they work time after time
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