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Trading Forex is Hard

  • #241
  • Feb 8, 2020 5:17am Feb 8, 2020 5:17am
Quoting venividivici
5 pips {image}
What is your estimation, how many situations familiar like this, on a daily basis?
  • #242
  • Feb 8, 2020 12:52pm Feb 8, 2020 12:52pm
Quoting Carter
{quote} What is your estimation, how many situations familiar like this, on a daily basis?
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how many pairs are there available? lol
  • #243
  • Feb 8, 2020 1:03pm Feb 8, 2020 1:03pm
Quoting venividivici
{quote} {image} {image} {image} how many pairs are there available? lol
I like your charts and i am long time watching here for news. I have one point that i am think that can be better. If you prepare it more clear, many of the questions are answered well. Your trading is not that easy as it seems to be. It is much harder to get. And for you it must be something like drink water, but for new trader it will nearly inpossible to get into your thinking. Hope you can motivate yourself to deeper instruction here. Overall your thread is one of the better one.

Greets

Michael
Perfection is the enemy of good enough!
  • #244
  • Feb 8, 2020 1:10pm Feb 8, 2020 1:10pm
Quoting MichaelSch
{quote} I like your charts and i am long time watching here for news. I have one point that i am think that can be better. If you prepare it more clear, many of the questions are answered well. Your trading is not that easy as it seems to be. It is much harder to get. And for you it must be something like drink water, but for new trader it will nearly inpossible to get into your thinking. Hope you can motivate yourself to deeper instruction here. Overall your thread is one of the better one. Greets Michael
Thanks yes I guess you're right. When I watch the charts live I can see price slow down and bounce slowly off alot of areas... It's easier to see live, I think some good hours of screentime of watching the price action live might be needed for it to feel fluent.

Also, you start to see alot more bounces after a while, I'm talking about micro price action that normal traders might not even notice, like the tiniest wicks bouncing off the other like this

Attached Image


Alot of times pullbacks aren't clear enough and you have to use your microscope.

It's difficult to explain but after a while you can 'feel' it.
  • #245
  • Feb 9, 2020 3:59am Feb 9, 2020 3:59am
Trading is the game of probability. One accepting it early got the game..their is no such sure thing more you want to be rite the less you have ....cheers.
Trade fearless not careless...
Syed Mohsin Ali Profit This Month: -882
  • #246
  • Feb 10, 2020 2:46pm Feb 10, 2020 2:46pm
Thanks for the message - I can't respond back to you for some reason -

Really like the thread here -
Small disciplines repeated with consistency lead to great achievements.
  • #247
  • Feb 11, 2020 3:03pm Feb 11, 2020 3:03pm
So this is another example of micro levels, before and after. I also attached a 1 tick chart in the middle so you can understand that those pins are behaving like normal charts in the extreme lower timeframes and ticks/range bars. It's all the same.

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Chart 1 the setup

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1 Tick chart highlighting the micro areas from chart 1

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The result
  • #248
  • Feb 12, 2020 11:07am Feb 12, 2020 11:07am
Thanks for posting venividivici !

Have been following through the thread and seems like you have been trading this style for some time now (couple years?) How has it been working out for you?

What kind of risk per trade % do you go for. What do you aim to grow your account by annually? Feel free to private message me also.

Warm Regards from snowy Canada
  • #249
  • Feb 13, 2020 10:52am Feb 13, 2020 10:52am
I just returned from a nice Vacation.

That is my first one
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Risiko birgt immer auch die Chance.
  • #250
  • Feb 15, 2020 1:35am Feb 15, 2020 1:35am
It appears that you wait patiently for price to reach support/Resistance on higher timeframes, then wait for the stop hunt on lower time frames before entering the reversal?
  • #251
  • Feb 16, 2020 2:45pm Feb 16, 2020 2:45pm
Quoting venividivici
{quote} Well what im saying is, would you risk 2 pips to gain 10?
Probably not, because you aren't just losing pips if you get it wrong but also years of life, as trading the 1 minute chart will surely cause a lot of stress for you!

It's better to trade the Daily.
Learn from your mistakes and march on.
  • #252
  • Edited 11:19pm Feb 16, 2020 11:06pm | Edited 11:19pm
Quoting here2there
{quote} Probably not, because you aren't just losing pips if you get it wrong but also years of life, as trading the 1 minute chart will surely cause a lot of stress for you! It's better to trade the Daily.
Man.. one of the nest threads I have seen and YOU explain the Rockstar how to sing?
You don t get it.
Risiko birgt immer auch die Chance.
  • #253
  • Feb 16, 2020 11:19pm Feb 16, 2020 11:19pm
Quoting Sesamstrasse
{quote} Man.. one of the nest threads I have seen and you explain the Rockstar how to sing. You don t get it.
What exactly do you think I am not getting? Please provide details.
Learn from your mistakes and march on.
  • #254
  • Feb 16, 2020 11:36pm Feb 16, 2020 11:36pm
Quoting here2there
{quote} What exactly do you think I am not getting? Please provide details.
Noo.. do your homework.
My time is precious.
Risiko birgt immer auch die Chance.
  • #255
  • Feb 16, 2020 11:43pm Feb 16, 2020 11:43pm
Quoting Sesamstrasse
{quote} Noo.. do your homework. My time is precious.
Just because I don't agree with your trading style doesn't make what I said wrong. If you want to stay glued to a computer for 10 pips, that's your choice. I can make just as much and more without having to do that.
Learn from your mistakes and march on.
  • #256
  • Feb 17, 2020 12:04pm Feb 17, 2020 12:04pm
only 4
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Risiko birgt immer auch die Chance.
  • #257
  • Feb 18, 2020 7:57am Feb 18, 2020 7:57am
Nice, hope you will keep updating, which broker are you using?
On the way
  • #258
  • Feb 18, 2020 10:46am Feb 18, 2020 10:46am
Quoting here2there
{quote} Just because I don't agree with your trading style doesn't make what I said wrong. If you want to stay glued to a computer for 10 pips, that's your choice. I can make just as much and more without having to do that.
Then what are you even here for?

Shut up and go away
?
  • #259
  • Feb 18, 2020 11:30am Feb 18, 2020 11:30am
Quoting whtrader
Nice, hope you will keep updating, which broker are you using?
Its Interactive B. they are complicated in their order management.

Mt4 or 5 is easier and for this strategy absolutely enough.
Risiko birgt immer auch die Chance.
  • #260
  • Feb 18, 2020 1:09pm Feb 18, 2020 1:09pm
Quoting HRTrading
{quote} Then what are you even here for? Shut up and go away
I have a right to share my opinion. And I don't take orders from you.
Learn from your mistakes and march on.
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