Attachments: EURUSD

EURUSD

Last Post
1 10440 10441 Page 10442 10443 10444 61391
1 Page 10442 61391

#208,821
Mar 9, 2010 5:33pm Mar 9, 2010 5:33pm

profxtrader
Joined Jan 2009 | Status: Trader | 885 Posts

Quoting dean walker

Disliked

lol Actually they ar eon to something Steves book the Market Matrix deals with planetary cycles.

Ignored

Yeah I shouldn't bash too hard, but to me it's like calling an astrologer for trading advice.

Every time you use 'hopium' in a post, God kills a kitten.

#208,822
Mar 9, 2010 5:46pm Mar 9, 2010 5:46pm

dean walker
| Joined Feb 2010 | Status: Trader | 450 Posts

I know pretty far out there..but you know whatever works for you..trading is such a personal thing and it takes time to get your fit ..
Dean

Quoting profxtrader

Disliked

Yeah I shouldn't bash too hard, but to me it's like calling an astrologer for trading advice.

Ignored

#208,823
Mar 9, 2010 5:51pm Mar 9, 2010 5:51pm

JasonGuillen
| Joined Jul 2006 | Status: Forex Taoist | 243 Posts

REJECT IT!!!!!!! NOW!!! BY THE POWER OF SOROS, I COMMAND THEE!!

#208,824
Mar 9, 2010 5:53pm Mar 9, 2010 5:53pm

realjumper
Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts

Quoting dean walker

Disliked

I know pretty far out there..but you know whatever works for you..trading is such a personal thing and it takes time to get your fit ..
Dean

Ignored

That's exactly right, and no one should knock anyone else's method if it works for them. There are a few, but only a few, people who believe that anyone who trades differently to them, must be wrong.....and it isn't so. I use pretty simple and basic methods to trade, and I'm doing ok. I don't profess to know the name of each and every candle formation, nor do I need to.....I know what the ones that matter mean!

There was someone here not too long ago who ridiculed gators ass charts, and even put him in his iggy list. That kind of narrow mindedness and arrogance is one of the (few) things that pisses me off about trading. I find the same in skydiving circles....a lot of arrogant skydivers, but not too many humble ones......and it's stupid because we all do the same thing differently, with the same goal in mind......

Doing what you like is Freedom. Liking what you do is Happiness.

#208,825
Mar 9, 2010 6:03pm Mar 9, 2010 6:03pm

uraceulose
Joined Nov 2009 | Status: Thx G, Malc, D55, Fontu & Hatch | 3,196 Posts

Quoting realjumper

Disliked

That's exactly right, and no one should knock anyone else's method if it works for them. There are a few, but only a few, people who believe that anyone who trades differently to them, must be wrong.....and it isn't so. I use pretty simple and basic methods to trade, and I'm doing ok. I don't profess to know the name of each and every candle formation, nor do I need to.....I know what the ones that matter mean!

There was someone here not too long ago who ridiculed gators ass charts, and even put him in his iggy list. That kind of narrow mindedness...

Ignored

Nice post jumper

#208,826
Mar 9, 2010 6:12pm Mar 9, 2010 6:12pm

warta
Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts

Your Greatest Enemy In the Forex Market

By David Leal, Market Analyst | Tuesday, March 9th, 2010 22:46 UTC

You’ve done it. You traded your demo account profitably. Now you open up a live account, put your heard earned money into it and then, you lose. It doesn’t make sense does it? There is no difference between trading demo and live, it’s the same right? Obviously, it isn’t.
What is the difference between demo and live trading? Ironically it is the fear of losing your money that ensures that you will lose it. Think to when you traded a demo account, sure you lost trades and you won some, but this never stopped you. Eventually you found what worked for you in the market and began to become profitable after time. But there was no fear, no matter what you could always open a new demo account.
It is different with a live account. Your money is at risk this time, and it scares you. There are ways to help eliminate the fear aspect that is keeping you from being successful.
1. Rules. At some point while demo trading you had to have formed rules for trading. Stick to them. If they helped your demo account grow, they will help your live account grow. Rules help keep emotions like fear from controlling your trades.

2. Start with a small account. If you find the thought of losing your money terrifying, then don’t trade that money. Instead open a real account, and trade micro lots. And remember never trade money you cannot afford to lose.

3. Your money is already gone. This goes along with the second point, treat your money as if you will never get it back. If you cannot stand not having this money, then do not trade it. A simple change in perspective can help eliminate fear in the market.

4. We learn more from losses then wins. Mistakes are how we learn, as long as you learn from a loss then you have gained something invaluable. Don’t be afraid to learn.

5. Go back to demo trading. Sure you can make money but do you know how? Understanding how you trade is one of the key elements to successful trading. So trade in your demo account paying close attention to how you decide which trades to enter. When you know how you make good trades there is nothing to fear.

Eliminating fear is one of the most pivotal steps you can take toward becoming a successful Forex trader. Just as in the rest of life, if we let fear take hold it is virtually impossible to make a correct decision.

#208,827
Mar 9, 2010 6:13pm Mar 9, 2010 6:13pm

dean walker
| Joined Feb 2010 | Status: Trader | 450 Posts

No your exactly right on..I like what Kathy Lien said in her last video. she said if put you in a room to trade and all you ever had was one indicator enventually you would come out being able to do everything by just observing a single indicator..patterns, history all have a reaction the change so they key is to spot whatever change works for you.

Dean

Quoting realjumper

Disliked

That's exactly right, and no one should knock anyone else's method if it works for them. There are a few, but only a few, people who believe that anyone who trades differently to them, must be wrong.....and it isn't so. I use pretty simple and basic methods to trade, and I'm doing ok. I don't profess to know the name of each and every candle formation, nor do I need to.....I know what the ones that matter mean!

There was someone here not too long ago who ridiculed gators ass charts, and even put him in his iggy list. That kind of narrow mindedness...

Ignored

#208,828
Mar 9, 2010 6:15pm Mar 9, 2010 6:15pm

realjumper
Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts

Quoting warta

Disliked

Your Greatest Enemy In the Forex Market

By David Leal, Market Analyst | Tuesday, March 9th, 2010 22:46 UTC

You’ve done it. You traded your demo account profitably. Now you open up a live account, put your heard earned money into it and then, you lose. It doesn’t make sense does it? There...

Ignored

Yeah.....isn't that the truth. Cheers

Doing what you like is Freedom. Liking what you do is Happiness.

#208,829
Mar 9, 2010 6:18pm Mar 9, 2010 6:18pm

warta
Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts

Quoting realjumper

Disliked

Yeah.....isn't that the truth. Cheers

Ignored

this is the only truth in this business

#208,830
Mar 9, 2010 6:22pm Mar 9, 2010 6:22pm

profxtrader
Joined Jan 2009 | Status: Trader | 885 Posts

Quoting realjumper

Disliked

That's exactly right, and no one should knock anyone else's method if it works for them. There are a few, but only a few, people who believe that anyone who trades differently to them, must be wrong.....and it isn't so. I use pretty simple and basic methods to trade, and I'm doing ok. I don't profess to know the name of each and every candle formation, nor do I need to.....I know what the ones that matter mean!

There was someone here not too long ago who ridiculed gators ass charts, and even put him in his iggy list. That kind of narrow mindedness...

Ignored

I hope that wasn't directed at me. I was just trying to lighten the mood in the thread. If you look a couple of posts before I state that there is a method I'm not a fan of... but I'm reading about it right now. True, planetary cycles seems a bit outlandish to me, and while I wouldn't seek it out, I wouldn't not listen to someone who was willing to teach.

Every time you use 'hopium' in a post, God kills a kitten.

#208,831
Mar 9, 2010 6:24pm Mar 9, 2010 6:24pm

realjumper
Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts

Quoting profxtrader

Disliked

I hope that wasn't directed at me. I was just trying to lighten the mood in the thread. If you look a couple of posts before I state that there is a method I'm not a fan of... but I'm reading about it right now. True, planetary cycles seems a bit outlandish to me, and while I wouldn't seek it out, I wouldn't not listen to someone who was willing to teach.

Ignored

Relax dude...it wasn't directed at anyone, it was just an addition to the conversation. If it was directed at you....you'd know!!!!

Doing what you like is Freedom. Liking what you do is Happiness.

#208,832
Mar 9, 2010 6:30pm Mar 9, 2010 6:30pm

warta
Joined Jan 2008 | Status: Only God Can Judge Me | 2,467 Posts

Attached Image (click to enlarge)

Click to Enlarge

Name: nizoo102.gif
Size: 18 KB

a verry simple view

#208,833
Mar 9, 2010 6:38pm Mar 9, 2010 6:38pm

dean walker
| Joined Feb 2010 | Status: Trader | 450 Posts

I was reading how to use VSA by Shamus here on FF. Well he says he works with Fibs a lot and this auto Fib is the best he found. Now there are really no settings except time settings so what you see is what you get. It this is accurate no wonder why the market is having a hard time moving hell I would too!
Dean

Attached Image (click to enlarge)