Fx,
Can you give assessment of the quiz.
I want to know if my understanding correct,
thank you .
Can you give assessment of the quiz.
I want to know if my understanding correct,
thank you .
The System II (Yes with irony)
- #14,342
- Edited 9:52pm Jan 26, 2010 9:11pm | Edited 9:52pm
- | Joined Jul 2007 | Status: Learner | 1,363 Posts
To me, it's an early and valid one. Therefore, riskier than awaiting for a more defined one but at the same time you are the first on the queue.
But... I notice you are trading too much... think about liquidity time and so on. Market moves because they have players inside. If you take all valid signals regardless it is 23.20 CET and neither Frankfurt, London, Ny nor Tokyo are opened... well, in my opinion it's a waste of resources in terms of eficiency. Rest and save your strenghts for the most liquid time gaps (7.45 CET till 22.00 CET, with all...
Thank you so much for your reply to my question and also for giving me good advise in relation to over-trading. I must confess that I am aware and am guilty !
However, this over-trading will soon cease when I return back to my non-trading work as a self employed house renovator (in fact in just a few days time). I took the last few weeks off and had a lot of free time, hence I appear to be here 24/7. I am a passionate person in everything I take up/do and this reflects in the way I approach my trading too. For too long I was barking up the wrong tree and this time, upon re-discovering System 2, I have found what I wanted and am adopting it with a passion. I have spent every available time I have reading this thread trying to speed up my learning and then testing it out at every chance I get (hence the over-trading). Elizo, again I thank you for bringing it to my attention as sometimes one can get too carried away and needed to be reined in.
Take care,
B.
- #14,343
- Jan 27, 2010 12:37am Jan 27, 2010 12:37am
Hi Elizo,
Thank you so much for your reply to my question and also for giving me good advise in relation to over-trading....
Ok, let's go. By the way, Davydenko crushing Federer on the first set...
- #14,351
- Jan 27, 2010 1:48am Jan 27, 2010 1:48am
the stubborn really go down so I can cross my hand to click some pips but out of nowhere been chop by the monster and left me +2pips
- #14,352
- Jan 27, 2010 1:54am Jan 27, 2010 1:54am
- | Joined Jul 2007 | Status: Learner | 1,363 Posts
No worries. It's good to be passionate and that will make you succeed. Your improvements are clear and you are doing great. I am just learning as well, but just wanted to point out that there is a time to shoot without any doubt and a time to wait and sit on your hands. A time to fight and a time to rest.
Ok, let's go. By the way, Davydenko crushing Federer on the first set...
Thanks brother !
- #14,355
- Jan 27, 2010 2:04am Jan 27, 2010 2:04am
I probably have been missed out something. I thought fibo line of 50% only is to use to measure just the pullback not indicator as initial taught by the master after a swing has developed so I have used it for the past months.
Rules have evolved slightly
- #14,359
- Jan 27, 2010 2:13am Jan 27, 2010 2:13am
Based on a tiny HH, second retracement above the line and so on, I am out of my original short at -7.
Buaaaaaaaaaaaaaaaa... buaaaaaaaaaaaaaaaaaaa...
However, I am in doubt about if I should have held it more... anyway, that's it. Criticisms wellcome.
I will go high above 4060 on a that better defined FCR.
It looks like PA is behaving like Davydenko this morning: from astonishing break to very disappointing development...
Buaaaaaaaaaaaaaaaa... buaaaaaaaaaaaaaaaaaaa...
However, I am in doubt about if I should have held it more... anyway, that's it. Criticisms wellcome.
I will go high above 4060 on a that better defined FCR.
It looks like PA is behaving like Davydenko this morning: from astonishing break to very disappointing development...
