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Rainbow Patterns/Observations

  • #161
  • Nov 15, 2007 2:29pm Nov 15, 2007 2:29pm
Quoting FXSurfer
Interesting that you mention that, Nathan.
I've noticed many times that, like you say, when
trades get into any kind of negative territory, that
"truism" will pop into my head wreaking havoc.
The times that I'm able to recognize that this is
just the workings of fear, I'm able to stay objective.

If not, you know what happens. You get shaken out
on just a slight bump in the rainbow. LOL
Can your GF suggest something to bring out the
Lion-Heart and keep us objective when scalping?
That would be awesome!
Have a great day Nathan (and best to your better 1/2 - LOL)

Brent
Yes, it took me awhile to get past that "fear" LOL.

As far as relaxation/hypnosis for trading....it's best to write something yourself and record it(audacity is free or use a voice recorder).

This is for the reason I mentioned. It wasn't what was said in the Mantra that screwed me up, it was my connotation of the way it was worded.

So, if you figure out what you are wanting(the mantra, etc.) paraphrase the whole thing(in your own words) and record it in your own voice and listen to it every day.

I can send you some brain wave entrainment to put in the background, if you want LOL.(here is a link to explain it...http://www.real-hypnosis.com/brainentrainment.html)
  • #162
  • Nov 16, 2007 2:48am Nov 16, 2007 2:48am
Quoting nhallmark
Yes, it took me awhile to get past that "fear" LOL.

As far as relaxation/hypnosis for trading....it's best to write something yourself and record it(audacity is free or use a voice recorder).

This is for the reason I mentioned. It wasn't what was said in the Mantra that screwed me up, it was my connotation of the way it was worded.

So, if you figure out what you are wanting(the mantra, etc.) paraphrase the whole thing(in your own words) and record it in your own voice and listen to it every day.

I can send you some brain wave entrainment to put in the background, if you want LOL.(here is a link to explain it...http://www.real-hypnosis.com/brainentrainment.html)

Hello Nathan!
My brain waves could use some entrainment! That would be great.

Hope things have been good with you!
Thanks!
Brent
  • #163
  • Nov 16, 2007 10:09pm Nov 16, 2007 10:09pm
Quoting FXSurfer
Hello Nathan!
My brain waves could use some entrainment! That would be great.

Hope things have been good with you!
Thanks!
Brent
I'll get on it and give you a download link probably by the end of next week(its free of course)
  • #164
  • Nov 16, 2007 10:48pm Nov 16, 2007 10:48pm
after scalp for months,i still will fear and panic when scalping.i need to training myself to become more mechanical like a machine.

but sometimes price spike up and down 5-6pips.it could lead you to close the trade earlier.
  • #165
  • Nov 17, 2007 12:36am Nov 17, 2007 12:36am
Quoting Paul Weber
Nathan,

Can you expand on how you observe momentum on MB, and how you apply it to the Rainbow?

Thanks!

Paul
I didn't forget about you LOL. I'm thinking about how to explain it. I will get back to you next week.
  • #166
  • Nov 17, 2007 12:44am Nov 17, 2007 12:44am
Quoting amenlo9
after scalp for months,i still will fear and panic when scalping.i need to training myself to become more mechanical like a machine.

but sometimes price spike up and down 5-6pips.it could lead you to close the trade earlier.
I know how you feel. I have been able to keep my emotions in check, but not really detached up until this point, but something happened this week....

I was checking to see how Oanda was filling my orders, so I put in 1 unit in a sell window. The price started moving up, so I switched it to buy and I have it set to prefill a certain lot size when I pull up a window. So, when I switched the radio button form sell to buy, it switched my order size also.

So, I clicked buy without even realizing what had happened. Then, I closed the trade -8 and I still didn't realize it. I was just trying to figure out if they were slipping me(which, of course they were LOL)

It wasn't until 5 minutes after I closed the trade that I realized what had happened.

My point is that during that trade, there was no emotion attached to it at all because I thought I was trading one unit.

I have been able to retain that now and trade my normal lot size without even feeling a loss the past few days.

So, maybe try doing that. Also, have you read Trading In The Zone? It talks a lot about this.
  • #167
  • Nov 17, 2007 2:51am Nov 17, 2007 2:51am
Quoting amenlo9
after scalp for months,i still will fear and panic when scalping.i need to training myself to become more mechanical like a machine.

but sometimes price spike up and down 5-6pips.it could lead you to close the trade earlier.
Join us for the brain work! It will help us!
  • #168
  • Nov 17, 2007 6:32am Nov 17, 2007 6:32am
Quoting FXSurfer
Join us for the brain work! It will help us!
how to do that?
  • #169
  • Nov 25, 2007 9:13pm Nov 25, 2007 9:13pm
Brent, I'm trying to figure out where to host the files. I will let you know when it's ready.
  • #170
  • Nov 26, 2007 2:34am Nov 26, 2007 2:34am
Quoting nhallmark
Brent, I'm trying to figure out where to host the files. I will let you know when it's ready.
No problem Nathan! Don't make any extra work for yourself.
I really like the psychology section idea for the new forum.

See you over there!
  • #171
  • Mar 11, 2008 1:30pm Mar 11, 2008 1:30pm
Hi Nhallmark
which is the software you use for these charts on apple?
thanks
Alex
Fuck Forex Factory
  • #172
  • Last Post: Apr 15, 2008 2:19pm Apr 15, 2008 2:19pm
Quoting alelualdi
Hi Nhallmark
which is the software you use for these charts on apple?
thanks
Alex
Sorry its taken so long to reply. I haven't checked this thread in forever. It's just Oanda's platform in Firefox for Mac.
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