I've realized that one of the most important things needed to become a good trader is chart time.
it takes more chart time than most people are willing to give but its true.
how long you ask?
years.
james16 Chart Thread
- #49,863
- Dec 16, 2009 2:34pm Dec 16, 2009 2:34pm
- Joined Apr 2009 | Status: Trader | 2,891 Posts
simple yet profound. Trust me when i tell you that there can be a day when your looking at a chart and you would bet your mamas life you know whats going to happen.
It takes more chart time than most people are willing to give but its true.
How long you ask?
Years.
- #49,866
- Dec 16, 2009 2:56pm Dec 16, 2009 2:56pm
- | Commercial User | Joined Oct 2005 | 2,899 Posts
let's try this...
stop 30pips, target 300..
.
It's totally up to you, but if you trade 1k/pip, that's already nice cheque..
If price hits 4510 for the fourth time, it's probably going lower....
...
- #49,868
- Dec 16, 2009 2:57pm Dec 16, 2009 2:57pm
Now, do you want to take some profit at minor sr and move the rest to be?
It's totally up to you, but if you trade 1k/pip, that's already nice cheque..
If price hits 4510 for the fourth time, it's probably going lower....
...
- #49,870
- Dec 16, 2009 3:01pm Dec 16, 2009 3:01pm
- Joined Nov 2007 | Status: Conscious Incompetence | 3,274 Posts
Now, do you want to take some profit at minor sr and move the rest to be?
It's totally up to you, but if you trade 1k/pip, that's already nice cheque..
If price hits 4510 for the fourth time, it's probably going lower....
...
Don't wish it were easier, wish you were better. ~ Jim Rohn
- #49,872
- Dec 16, 2009 3:02pm Dec 16, 2009 3:02pm
- Joined Nov 2007 | Status: Conscious Incompetence | 3,274 Posts
Don't wish it were easier, wish you were better. ~ Jim Rohn
- #49,874
- Dec 16, 2009 3:12pm Dec 16, 2009 3:12pm
Now, do you want to take some profit at minor sr and move the rest to be?
It's totally up to you, but if you trade 1k/pip, that's already nice cheque..
If price hits 4510 for the fourth time, it's probably going lower....
...
Respect a man, and he will do all the more.
- #49,875
- Dec 16, 2009 3:18pm Dec 16, 2009 3:18pm
- | Commercial User | Joined Oct 2005 | 2,899 Posts
you are perhaps the most fascinating,diversely talented trader your bounty is beyond my speaking but though my mouth,...
If that's the case, please read post # 49862. This is the only key. No shortcuts, Period.
Some of my friends in the pf now how long....
- #49,876
- Dec 16, 2009 3:25pm Dec 16, 2009 3:25pm
Now, do you want to take some profit at minor sr and move the rest to be?
It's totally up to you, but if you trade 1k/pip, that's already nice cheque..
If price hits 4510 for the fourth time, it's probably going lower....
...
"a bounce forming triple bottom on smaller tf around ppz would be one of them..."
Jan, 19, 2009
add some strong div and..
אז מה, אתה משלנו?
חג שמח
- #49,877
- Dec 16, 2009 3:29pm Dec 16, 2009 3:29pm
- | Commercial User | Joined Oct 2005 | 2,899 Posts
ohhh yea..let me guess....
"a bounce forming triple bottom on smaller tf around ppz would be one of them..."
Jan, 19, 2009
Look at the daily patterns on fiber going back to Jul 2008.
Tip: count the pips..
- #49,878
- Dec 16, 2009 3:31pm Dec 16, 2009 3:31pm
no, I'm not. I'm slightly above average, but I guess you wanted to find out how to get that notch above the crowd, correct?
Respect a man, and he will do all the more.
- #49,879
- Dec 16, 2009 3:35pm Dec 16, 2009 3:35pm
- | Commercial User | Joined Aug 2006 | 12,004 Posts
Hi guys,
just started studying. so my chart time as far as this method starts now. I was wondering does anyone use this PA method to trade anything other than forex. I thought about demoing some commodities as well. what are your favorite markets to trade?
thx
bulls
Yep you can use this stuff on any type of security out there. Price is universal and it is a beautiful thing
Mike
- #49,880
- Dec 16, 2009 3:45pm Dec 16, 2009 3:45pm
Wrong...
Look at the daily patterns on fiber going back to Jul 2008.
Tip: count the pips..
I will sleep on it...and let you know if I get any reasonable idea...lol....still junior