advfntrader,
good to hear that Sir.
Keep it up
good to hear that Sir.
Keep it up
Where can I learn more about Price Action like those in James16 charts? 9 replies
Dislikedwell guys I'm starting to feel better about my trading now. I've been taking demo trades seriously now for 6 months and my account has doubled. (although I am still probably taking slightly too much risk..)
For the first time in 5 years of trading and losing I am seeing light at the end of the tunnel. I plan to keep demoing for another 6 months until I know for sure I have a chance, then I will trade a micro account making sure I am not over-leveraged.
this is a long and dark journey but maybe, just maybe, it CAN be done...Ignored
DislikedThis reminds me of a James16 quote :
"The ultimate edge in trading is when a traders "use" of breakeven overpowers and conquers the "use" of hope."Ignored
DislikedMaybe in the PF.
Btw
I hope you don't take these. Or if you do you would't expect it to go below 425
Right????
lol
.Ignored
DislikedI would have shorted it just where you did Nasir...
Oh wait! You longed it..well...err...umm...the IPB isn't all that good I might would have passed on it. Good trade buddy.
...
lol
Dare a I go against the great Nasir Khan,
g.Ignored
DislikedWell if i am taking a touch trade right in between a range near a swing high,
i should have a strong reason, and i think i have it.
.Ignored
DislikedI guess... This thread is simply moving to fast.
...
Do you consider the pattern on daily EURCAD to be a viable short TBL? Or is it too risky because of probable stop hunting at this all-time low?
.....Ignored
DislikedI'm new....
So, my question, what weight should I assign to the various factors?
My impression is that PA, SR and trends are the most important.....Ignored
Dislikedyes it does move fast at times.
just a quick reply: (just lookign at your chart)
TBL? how many pips difference on the lows?
what is the trend?
that TBL seem to be above a round number. if so, u are trading into a possible support.
a viable short maybe below the round number.Ignored
DislikedMy impression is that PA, SR and trends are the most important. The fib levels thing strikes me as strange, I would have guessed that any influence they have on price is the result of people expecting it to. The rest of them make sense.Ignored
DislikedDamn why did't i said this.lol
You Aussies (Joel the other one) always cracks me up/impress me with your choice of words.
.Ignored