went behind the STOPs ? gbpusd
Attached Image (click to enlarge)
Price action at the core / tma intra day
- #4,722
- Jun 21, 2019 2:02am Jun 21, 2019 2:02am
- Joined Nov 2013 | Status: Trader | 1,536 Posts
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
{quote} Mik ,,, Why do u have so many GREEN boxes on the chart ???? Anything OLD should be removed ,,, and ,, If it is NOT old ,, then ,, smallen them to the current area you are looking at and where they apply to ,,, Also your TMA dont look right ,,, They look too fast from what i can see ,,, keep at it Buddy ,,, Great effort Cheers George
Thank you !
- #4,724
- Jun 21, 2019 2:22am Jun 21, 2019 2:22am
- Joined Nov 2013 | Status: Trader | 1,536 Posts
{quote} Yes, my Master, I'm just learning! Thank you !
And you are learning correctly by APPLYING ,,,
Great example ,,,
And I am ONLY trying to help you doing it correctly ,,,
I do appreciate ur way showing respect ,,,
My name is just George please ,,,
Please keep in mind ,,
George is NO MASTER of anyone ,,,,,
He is ONLY ,,,
A Master trader ,,,,
Cheers
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
- View Post
- Disliked by Thread Starter
- #4,728
- Jun 21, 2019 3:03am Jun 21, 2019 3:03am
- | Commercial User | Joined Aug 2014 | 3,922 Posts
but let's face it.... Trading one pair day in and day out in a repeatable manner doing the same shit everyday is a mind-numbing and boring activity
but they do it; and they do it for one single reason: bcos that pays for their living.
i dare to think that very few kids were dreaming to grow up and be a mailman, or a butcher and if they did, 10 years down the road they never had a second thought about doing something else.
so, where would be really wrong to trade mostly one pair?
bcos it seem to be painted up like that must be real bad thing, mind-numbing and boring, vs. all the glam jobs out there.
some poor unfortunate had the luck to enjoy other glam jobs, yet still ended up with trading...like me.
yet to get to do this for 10 years full time, and i admit to trade more than 1 pair ( btw, George takes trade/look at other pairs too, just less than GJ),
3 years doing this full time, (after good many more part time) i cant say i haven't regret the change.
must say it isn't a "job" like the lifestyle YT videos paint it, nor making one a millionaire unless starting out with a large equity (and/or client base) right at the start,
but it pays the bills like many other jobs do.
and some/many of them, i would rather not want to do!
Psychology is indeed very important. not only for trading, but overall, to deal with what we have, the best way we can!
happy trading!
Zoltan
there is always, always another trade!!
- #4,729
- Jun 21, 2019 3:08am Jun 21, 2019 3:08am
- Joined Nov 2013 | Status: Trader | 1,536 Posts
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
- #4,735
- Jun 21, 2019 3:19am Jun 21, 2019 3:19am
- | Commercial User | Joined Aug 2014 | 3,922 Posts
"When life gives you lemons, make lemonade"
EurJpy didnt go to the lower targets, and although the herd mentality break in itself could be traded, for the missing TMAs i have passed that entry. no trade.
BUT
a daytrader is flexible, and if lemons...then start to think what to do with the lemons.
the lemons were given by the EUR news.
the price did quickly jump up.
TMAs were reached...in the playground.
the missing ingredients this time was the target, the obvious one, a line was still not at sight.
but a less obvious one, the liquidity gap, was very much there, just had to look.
so, price in TMA's in playground:checked, price at target: checked...entry(short).
being a scalper mainly, i am not looking for the home runs. 9 pips.
for some it is nothing. for me a good start for the day.
the point isnt the pips.
it is to show a bit what a "boundless mindset" may also mean, in practice.
going into the day, i was looking for a 'long' opportunity on EurJpy. for reminder, the chart:
but that has changed. when the situation has changed.
it is very important to not cling onto a bias or pre-concept, but keep a flexible open mind to be able to react whatever happening around.
this is how to "make lemonade".
happy trading!
Zoltan
EurJpy didnt go to the lower targets, and although the herd mentality break in itself could be traded, for the missing TMAs i have passed that entry. no trade.
BUT
a daytrader is flexible, and if lemons...then start to think what to do with the lemons.
the lemons were given by the EUR news.
the price did quickly jump up.
TMAs were reached...in the playground.
the missing ingredients this time was the target, the obvious one, a line was still not at sight.
but a less obvious one, the liquidity gap, was very much there, just had to look.
so, price in TMA's in playground:checked, price at target: checked...entry(short).
being a scalper mainly, i am not looking for the home runs. 9 pips.
for some it is nothing. for me a good start for the day.
the point isnt the pips.
it is to show a bit what a "boundless mindset" may also mean, in practice.
going into the day, i was looking for a 'long' opportunity on EurJpy. for reminder, the chart:
but that has changed. when the situation has changed.
it is very important to not cling onto a bias or pre-concept, but keep a flexible open mind to be able to react whatever happening around.
this is how to "make lemonade".
happy trading!
Zoltan
there is always, always another trade!!
- #4,739
- Jun 21, 2019 4:08am Jun 21, 2019 4:08am
- Joined May 2010 | Status: Straight line Fest | 3,194 Posts
