I just don't like trading against the recent move without a very obvious PPZ supporting me. But you are making your money
The pound it too choppy for me lol. Every move must be managed very toughly on that pair IMO.
Ben
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedIt's looking like the end of that run up on the cad/jpy from three days ago and now the run back down to the 84 area. Easy money. Who didn't see it ending there? Cluttered up chart but it serves a purpose for me.Ignored
DislikedMan when I was in Golf Port seeing my brother I got $100 out and never even played, I had no edge on anything and I knew I was just going to lose so I walked around lol.Ignored
DislikedGee Mike, cluttered up?
That's a clean chart to me. lol
I see past my 3 or four MAs on my chart now and don't even notice them taking up screen space.Ignored
DislikedThe traders I work with(which are a lot at this point). The ones I have the toughest time with or have to spend the most time with are the ones who have been around the longest, or "learned" the most. I have to try to teach them to unlearn so many bad habits.Ignored
DislikedHe's a good politician, this man.
Bundy, you do have cluttered charts
(jk.)
...Ignored
DislikedEd Seykota said it in New Market Wizards.
"A lot of people would rather understand the market than make money"
I'll ask it again - just how much do I *need* to know about the market?Ignored
DislikedHey SC,
I saw your other post last week...I didn't exit. Look back on my updates for this trade and you will find my plan and way of thinking.. I was planned all from the beginning...Ignored
DislikedYou'd think that, but according to this I'm right brained. Go figure.....
I joined a local hiking group that goes out on hikes most of the week, I'm going to get more active in the next few weeks.Ignored
DislikedThe traders I work with(which are a lot at this point). The ones I have the toughest time with or have to spend the most time with are the ones who have been around the longest, or "learned" the most. I have to try to teach them to unlearn so many bad habits. Now that is not to say that they wouldn't have developed them either way. But, this is just from my experience. Too much information is bad.....
MikeIgnored
DislikedI'd say about as much as an airline pilot needs to know about the plane he's about to fly. Basically, you need to know as much as possible. "Less is more" can be taken as, "Less knowledge will cost you More," as well.Ignored
DislikedWith many endeavors, deep knowledge of inner workings can help. Mostly in areas where exert control or influence - IMHO....Ignored
DislikedGeeze - I am full of rants today. I hope it is out of my system before I get home...Ignored
DislikedSooooooo close to being worth taking.
Suspect it'll hit white 23% fib line I have there.
...oh well.Ignored