Trading is a delicate balance of Strategy , Money management and Psychology
James16+Rayanmcd(Jan kone) and ME 7 replies
Quick answer: I don't think anyone here is posting ALL their trades, just the most interesting ones.
If you look through Ryan's posts, you'll see that one some days he'll take up to 10 trades PER PAIR PER DAY...
You are right about pivots etc - J16 thread explains well why confluence is important.Ignored
DislikedI also took this trade and exited with a partial loss. It was a good setup at a poor location. Please also note that it did NOT have Divergence. That is a must if you are trading Jankone's strategy for CT trades.
I have to agree with Icehockey too. Trading with the trend seems to be more profitable. I haven't given up taking these nice big pinbars at bb extremes yet, but I might be soon.Ignored
Disliked15m ct trade, stopped out below the pin.
(that double bottom before bothered my mind, yet i chose to ignore my 'gut feeling'. con or pro, not sure)Ignored
DislikedJust came across a quote (http://martinkronicle.com/2010/04/09...MartinKronicle) that sums up why I post at FF (I've learnt so much from many people here, who were very generous and helpful...)
“When someone shares something of value with you and you benefit from it, you have a moral obligation to share it with others.” – Chinese ProverbIgnored
DislikedWhat's up ladies and gents? I'm just posting because I've been doing a ton more testing and trading in between my last posts here (To the tune of around 10-12 hours a day as of late) and have come to the realization that others have come to and even more will in due time. With the trend trades are your money makers HOWEVER, more CT trades with divergence tend to give you large runners that turn in for days.
I've noticed and continue to notice that if price is just divergent and it's not crazy O/B-O/S, the chances of you getting busted on it are...Ignored
none of these charts show divergence.
if you keep taking that "pin" in the first chart ul go brokeIgnored