Here is Emm Conclusions about pivot, I did not read this before, I come to the same conclusions with my trading experience. Pivot trading is Gambling, You will never see any very big trader use pivot but you will see and read many many big traders use ma in their trading. I can give you name after name. But Idiots love to gambling. Here is EMM post- Hi Folks, My answers to Islandfx questions which I think can help many TMS Newbie traders here. Questions: Q. Does Support & Resistance work? NO. S&R does not work without a proper understanding of how...
{quote} Hi zakarh I have see few good trader from Switzerland before, Anyway You trade your own system, Develop your system and Test your system again and again by doing this you will develop your confidence in your system. Having confidence in your system is very very important especially when you trade live money. If you follow other people method you will always get puzzle and lose money. Now you have 2 work, 1. develop a technical strategy. 2. Develop a capital management strategy. Finally follow your own strategy with a proper discipline. Best...
!
{quote} USDCAD Oct25 H4 Tokyo 9am - game plan this week (Week 43) - NY Sunday open above the Week 41 WCC Low ... Market Type RANGING until ( ... ) - H4 is in CONSOLIDATION ... big candle and small candle aka Mother Bar/Inside Bar - next H4 candle is Tokyo 2pm > if you follow Big E Post#281, you have to wait ... {image}
{quote} USDCAD Oct27 H4 Tokyo 9am - today is that day of the week .. win, lose or draw? {image} for Standard Pivot lovers: {image} and for Fibonacci Pivots lovers too! {image} ...
{quote} your mean AUDNZD? looks sideways to me. {image}
{quote} Thanks for the HILARIOUS answers!!! Q. Does Support & Resistance work? NO. S&R does not work without a proper understanding of how the market works. The market is made up of buyers and sellers. There are short term support and resistance. There are medium term support and resistance. There are long term support and resistance. The market creates these support and resistance. When the buying stops, selling creates resistance. In the opposite, when the selling stops, buying creates support. What we need to know is to sell when there is selling...
Nothing left to explanation the NO{quote} your mean AUDNZD? looks sideways to me. {image}
{quote} Dave do you really want to work through all those smoke with mirrors? Q. Can you make steady gains just trading 4hr charts? NO. Consistency in trading is very important. How to achieve consistent results demands discipline on the part of the trader. Discipline in every facets of trading is mandatory for long term consistency. Every task perform by the traders must be done with discipline. Trading discipline is a topic people talk about all the time but few has the correct answer. There are few common discipline issues which we read repeated...
{quote} @Tekkies you are still struggling with your ZAR account. do you want to learn how to trade with 10k USD-based account and make USD1,000 per evening? Trade like the OP Post#7555 you will find many setup during the NYSE opening hour. {image}
{quote} "another version of the TDI which is not the same as the one in Post#25" You made the statement, now proof it. ------ "because the setup candle was small" Did you look at stoch confirm direction, those long top wicks, below resistance > (post#647 stuff) {image} ----- "TDI#25 slope was between 2 and 4." {image} You are in serious need of a pair of glasses, don't forget to buy a watch with a clock face. Really Vincent, you need to brush up on your how to post incorrect information.
