Hi Ali,
thanks for uploading file. I apperciate all your help.
Parvez
thanks for uploading file. I apperciate all your help.
Parvez
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DislikedHi Ali, Make sense and thanks for sharing your thought process. Yesterday I closed my short position, when I see strong bullish candle. I had 0.19 lot. I lost 0.5 R. Next bar was reverse and hit my tp1 without me, I understand that it is a game of probability and this thing happens but I still regret to closed position. Do you trade correlated pairs or you just pickup one good pair i.e eurjpy , gpbjpy or cadjpy (corrolated pairs) if they all give you long indication, will you take all or just pickup one? Also, In Red Alert news, Do you closed your...Ignored
DislikedHi Ali Thanks for response. Thinking in 100 trades perspective gives comfort specially when I trade 1 percent per trade. I trade on daily and H4 time frame. But I realized that h4 time frame have great impact when high impact news occurs. Since my trade usually last 3 to 5 bars so I will makesure that high alert news does not come in my way. It is a great lecture. I strongly belive in 10,000 hours theory to become master in any profession. There are no shortcuts. But he talk about decades of work. He also talk about fear that holding us back. Nice...Ignored
DislikedHi Ali, I do consider Red alert news in the Forex factory calendar to be high-impact news. Almost every day, there is one red alert news around 5 to 5:30 (khi time). Do you follow the same calendar if yes, why are you getting only 4 to 5 high-impact news? Could you help me to understand this? I pondered last week about what to do to get stress-free trading so I decided to have only two open positions at any given time. It was very helpful to be stress-free. I also did a small time frame testing h1,m30,m15, and m5 where 1R = 10usd,. this week my...Ignored
DislikedHi Ali, Thanks for sharing your thought process. It is helpful and strengthens my belief that making money in trading is possible. ParvezIgnored