damn i can't even watch this it keeps going and going.. I really thought yankessss will turn this to a bearish run.. my expectation and prediction cost me.. this should be lesson for everyone.. should have stuck with PA and my plan as usuall.. proven fact that predicting is useless..
The System II (Yes with irony)
great observation..
i have a post here somewhere about countinuation signals..
but anyhow......
http://www.forexfactory.com/showpost...postcount=3973
Hope it helps
- #5,064
- Sep 9, 2009 10:17am Sep 9, 2009 10:17am
This is Fx's post about continuations signals.... (on my fav. as well, jejeje)
http://www.forexfactory.com/showpost...postcount=3973
Hope it helps
Helps a lot!
Hey could you post your chart of your great trade this morning? I want to see how you played it. I had to get some shut-eye and missed it.
I know where I am----I just don't know where I'm going!
Thx jplo
Helps a lot!
I have not mantained the lines drawn on my chart anymore...
If you want, you can go 2 or 3 pages before to see that one...
- #5,069
- Sep 9, 2009 10:25am Sep 9, 2009 10:25am
It is the same chart I posted right now....
I have not mantained the lines drawn on my chart anymore...
If you want, you can go 2 or 3 pages before to see that one...
I know where I am----I just don't know where I'm going!
- #5,072
- Sep 9, 2009 10:37am Sep 9, 2009 10:37am
I'm out @ BE....
I can be perfectly wrong, but I was not liking PA very much...
I know where I am----I just don't know where I'm going!
- #5,078
- Sep 9, 2009 11:54am Sep 9, 2009 11:54am
I am glad to hear you doing better and making progress..
I want to make a suggestion to everyone who is demoing..
I would recommend you to open a micro account instead of demoing.. deposit $300-$500.. (money that you don't need).. and trade the minimum (0.01 lot = 10cents).. i know its not alot of money but still is money and nothing will replace trading with reall money..you will fill the pressure more as you make your desicion and working on your expectancy skill.. very important.. get all your practise and experience with small money on the...
So I will have to use simulator until I'm confident in this technique. The entries should be about the same with real money but the challenge will be the exits. I imagine it will be much harder to let the winners run and give them breathing room when real money is on the line! This is why I'm not in a hurry.
PS: Exited my trade at +5 ticks. Price made a double bottom and I have to get ready for dinner.
Hello to All and specialy to Feb!
By now you must be used to it but I'll say it anyways: Thanks so much for sharing so much!!!
I have done many demo trades trying to follow this system and most of them continue to lose. I want to start trading it very badly but... Please comment on my last 3 trades. I really need help!!!
Thanks!!!
By now you must be used to it but I'll say it anyways: Thanks so much for sharing so much!!!
I have done many demo trades trying to follow this system and most of them continue to lose. I want to start trading it very badly but... Please comment on my last 3 trades. I really need help!!!
Thanks!!!
I agree with your suggestion but I'm trading futures and prefer not to do forex. Trading small size is a real advantage with forex.
So I will have to use simulator until I'm confident in this technique. The entries should be about the same with real money but the challenge will be the exits. I imagine it will be much harder to let the winners run and give them breathing room when real money is on the line! This is why I'm not in a hurry.
PS: Exited my trade at +5 ticks. Price made a double bottom and I have to get ready for dinner.
I think what FX means is the psychological difference between playing with demo money and real money even if it is $300-$500.
The point is that your emotions will play much harder with you when you play real money and this is what you need to get under control.
Hope this helps.
Survive and Preserve