Good morning to all,
Went to bed very early so... here I am.. just finished reading all of today's posts. It is great to see a lot of interaction...a bit of controlled chaos at times but we do have a few individuals like Paul L. and jplo that can keep the conversation from becoming noise. We trade noise but when it comes to discussion we should slow down a bit ... think things through on our own and formulate a question that deserves an answer. PLEASE READ DAVIDd's excellent post: pg.308/#4613. There is a fine line between evaluating a trade that you have made and turning this thread into a signal service. This is not the place to try to trade what others are posting..it will do you more harm than good. We need to treat this as a business...I believe that a question coming out of serious investigation on your own is never stupid...I will not bother with lazy questions that have been answered a multiple of times by Feb, Fx and others.
Ok... a couple of questions that came up:
EnOx: I personally do not see any harm in sharing your Asian trades as long as it doesn't include other ways of trading and sticks to... eur/usd, 5min frame, no indicators...etc.
Elizo: In my opinion we can not completely ignore major levels of support and resistance... If I see that price has not broken a particular level in months/years..do I based my trade on it? NO... but it is something to keep in the back of your mind...we trade the setups that this approach gives us and use #1(preserve) and #2(survive) as our first aid kit.
Ok, the misunderstandings have been cleared...It is Monday... time to go to work
Went to bed very early so... here I am.. just finished reading all of today's posts. It is great to see a lot of interaction...a bit of controlled chaos at times but we do have a few individuals like Paul L. and jplo that can keep the conversation from becoming noise. We trade noise but when it comes to discussion we should slow down a bit ... think things through on our own and formulate a question that deserves an answer. PLEASE READ DAVIDd's excellent post: pg.308/#4613. There is a fine line between evaluating a trade that you have made and turning this thread into a signal service. This is not the place to try to trade what others are posting..it will do you more harm than good. We need to treat this as a business...I believe that a question coming out of serious investigation on your own is never stupid...I will not bother with lazy questions that have been answered a multiple of times by Feb, Fx and others.
Ok... a couple of questions that came up:
EnOx: I personally do not see any harm in sharing your Asian trades as long as it doesn't include other ways of trading and sticks to... eur/usd, 5min frame, no indicators...etc.
Elizo: In my opinion we can not completely ignore major levels of support and resistance... If I see that price has not broken a particular level in months/years..do I based my trade on it? NO... but it is something to keep in the back of your mind...we trade the setups that this approach gives us and use #1(preserve) and #2(survive) as our first aid kit.
Ok, the misunderstandings have been cleared...It is Monday... time to go to work
Unus pro omnibus, omnes pro uno