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Real Trading

  • #5,621
  • Dec 16, 2021 6:41am Dec 16, 2021 6:41am
Quoting Pat Chiko
GU retracement {image}
I copy you on this one, Pat. Let us see where the black downtrendline will take us and how long it will hold for. Then back up long again for NYO.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5 short Pat.png Size: 64 KB
Did you place your stop loss order? Why not?!? Story of my life...
  • #5,622
  • Dec 16, 2021 6:52am Dec 16, 2021 6:52am
Quoting coyoteuglyxxx
{quote} I copy you on this one, Pat. Let us see where the black downtrendline will take us and how long it will hold for. Then back up long again for NYO. {image}
Oops this one did not last very long for me. I only put a small stop. Long again above the red equilibrium line … I’d rather be long above the red line.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5 long again.png Size: 64 KB
Did you place your stop loss order? Why not?!? Story of my life...
  • #5,623
  • Dec 16, 2021 6:54am Dec 16, 2021 6:54am
  •  turnfx
  • | Joined Dec 2014 | Status: Only money management is the key of | 334 Posts
gbp long term buy.... bought from 3200.. still open target 3600.. 2nd ... 3800.
  • #5,624
  • Dec 16, 2021 7:07am Dec 16, 2021 7:07am
Quoting MTF Test
was tempting today. went to on EU {image}
EU Closed and waiting to re enter
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD....ccM15.png Size: 25 KB
Fools Rushing
  • #5,625
  • Dec 16, 2021 7:26am Dec 16, 2021 7:26am
of course shorting again now. chart later...
trading is like dancing, don't think and just listen to the music!
  • #5,626
  • Dec 16, 2021 7:32am Dec 16, 2021 7:32am
GJ

Scalping short


Attached Image (click to enlarge)
Click to Enlarge Name: gj 033.jpg Size: 168 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #5,627
  • Dec 16, 2021 7:47am Dec 16, 2021 7:47am
Quoting Pat Chiko
{quote} Some serious note, I think a lot of people get sidetracked, and end up on a long route to nowhere. Most beginners believe that they are not making money because they dont know enough about the markets, and end up trying to take in everything that there is. They believe that covering their charts in indicators and reading every piece of news that comes along will surely make them a winner. It could in fact only hinder progress. They need to learn more about themselves rather than the market. Another thing to realise is that...
A lot of well worn trading tropes in their....

Most beginners are not making money (but LOSING loads of money) because they are beginners. They don't have a feel for the markets cos they don't have the thousands of hours of screen time it takes to get a feel for the markets under their belts. The positive RR golden setup is a red herring, it is the trader who intuitively knows when and where to implement that setup that is the critical factor.

Yep. Trader psychology will always be a never ending battle for just about everyone to some degree.

The last one I really take exception with. If you have a HUGE account, and you are buying or selling the GBPUSD at 1:1 (no leverage), with no Stop Loss, then, and only then do you need to be a few % better than a total coin flip to make money. As soon as you get into leveraged trading, where you are drawing arbitrary lines on a chart, with a risk reward ration most likely heavily 'in your favour', then it stops being like a coin flip, and starts being more like a dice roll, where you are betting only on a six, with any other outcome leading to you losing money......hence why trading is so damn hard and hence why 90% of traders ultimately fail.

It is one of the most misleading tropes ever...."ya know, Wall St traders are only right on average 56% of the time" - yeah sure, they are right only 56% of the time with the random odds being heavily stacked against them every single time they trade, and despite this, they are still right 56% of the time.....quite some feat.
  • #5,628
  • Dec 16, 2021 8:02am Dec 16, 2021 8:02am
Quoting Pat Chiko
GJ Scalping short {image}
GJ

As H4 SBR becoming reversal point for GJ.

Taking opportunity to scalp short is very rewarding.



Attached Image (click to enlarge)
Click to Enlarge Name: gj 034.jpg Size: 129 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #5,629
  • Dec 16, 2021 8:09am Dec 16, 2021 8:09am
Quoting Pat Chiko
GU retracement {image}

GU

Scalping progress for retracement


Attached Image (click to enlarge)
Click to Enlarge Name: gu 200.jpg Size: 135 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #5,630
  • Dec 16, 2021 8:09am Dec 16, 2021 8:09am
Quoting TrickorTrade
GA long taken 1.85160 GJ long taken at 152.461 Used low risk as not enough confirmations to go long. If price indicates further rejections I will add another position long
SL hit on both. Pre mature entries. Low risk used so its fine
  • #5,631
  • Dec 16, 2021 8:12am Dec 16, 2021 8:12am
Quoting Pat Chiko
{quote} Both are Scammer. They don't understand ifmyante Irish English. Thus trying to direct translate the teaching into Malay language. In the end , all the content of Ifmyante teaching was misinterpreted and abuse by both of them. The get better understanding you can check this thread Readthemarket Such a shame and even Ifmyante was upset with their charging student for something they got...
IF, my hero

Pat, have you been a member of RTM academy?
  • #5,632
  • Dec 16, 2021 8:15am Dec 16, 2021 8:15am
Quoting genadi
{quote} IF, my hero Pat, have you been a member of RTM academy?

NO.

I'm a Junior member of Sang Real Newbie Academy
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #5,633
  • Dec 16, 2021 8:24am Dec 16, 2021 8:24am
Quoting Pat Chiko
{quote} GJ As H4 SBR becoming reversal point for GJ. Taking opportunity to scalp short is very rewarding. {image}

GJ

Closed all scalping.


Need to back up a bit to take more liquid

Attached Image (click to enlarge)
Click to Enlarge Name: gj 035.jpg Size: 134 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #5,634
  • Dec 16, 2021 8:30am Dec 16, 2021 8:30am
Quoting Pat Chiko
{quote} GU Scalping progress for retracement {image}
GU

Closed all scalping position.

Another one more push up ?

Attached Image (click to enlarge)
Click to Enlarge Name: gu 201.jpg Size: 179 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #5,635
  • Dec 16, 2021 8:33am Dec 16, 2021 8:33am
GJ

Long Scalp


Attached Image (click to enlarge)
Click to Enlarge Name: gj 036.jpg Size: 165 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #5,636
  • Dec 16, 2021 8:35am Dec 16, 2021 8:35am
GU

Long Scalp

Attached Image (click to enlarge)
Click to Enlarge Name: gu 202.jpg Size: 151 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #5,637
  • Dec 16, 2021 8:55am Dec 16, 2021 8:55am
gj short copied pat.
Attached Image (click to enlarge)
Click to Enlarge Name: 2021-12-16.png Size: 12 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #5,638
  • Dec 16, 2021 8:58am Dec 16, 2021 8:58am
Shorting GU tp at 13300
Insane in the Brain..
  • #5,639
  • Dec 16, 2021 9:04am Dec 16, 2021 9:04am
GOLD SELL
First touch on the resistance level and one time entry and after a resistance is formed at the resistance level which can only be obtained by viewing price action on lower time frame.. then we lock in multiple entries...
Attached Image (click to enlarge)
Click to Enlarge Name: h4.png Size: 12 KB
My telegram: https://t.me/avidforex
  • #5,640
  • Dec 16, 2021 9:33am Dec 16, 2021 9:33am
Looking to long maybe tomorrow preferably around 133 or just below.
Insane in the Brain..
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