Know when to hold em, Know when to fold em!
Dislikedeach to their own...I have identified certain set-ups comprised...Ignored
DislikedMy TA is fine, I know it is bullish and I change my Trend lines based on conditions of the market. I dont need to correct my TA . As I said earlier I didnt trade gu this am so I didnt look at chart. That was a previous trade.
I dont guess, I was being sarcastic earlier! Bears tried to hold it down but they couldnt, simple as that.Ignored
Dislikedcould i ask you for how divergence is traded wormboy pls, never used it sorry, your reasoning is very true too as smaller pips and large amounts would gain more money ultimatelyIgnored
DislikedInstead of trying to predict the retrace, would it not be alot easier and safer to wait for a confirmation? Trying to anticipate tops midstream as a strategy has cost traders more money then anything else I can think of.Ignored
Dislikedthank u for taking that in good spirit..which was what was intendedIgnored
DislikedI do like how you trade though, you and I seem to trade very similiar if not the same. Mind if I add ya to buddy list, toss some ideas back and fourth? Ill also email you my skype id if ya want. Always good to be in the company when trading with like minded people that fit your trading personality.Ignored
DislikedHere you go buddy
You're welcomed to my thread and look for the past trades which were taken based on the divergences to relate to what's being taught at babypips.com
DislikedAwesome Ill send you a message in a second, just so you can have a little more proof I attached a chart of a Chfjpy trade I took last night, I did get stopped out with profit though had a bit of a tight trailing stop of 15 pips but it had its purpose.
Again this chart was for last night's trade I havent looked at updated chart so I dont have current trendlines on it.
I took it because of lower highs and lower low's on 30 min chart after range broke out by bears.Ignored
DislikedThe 7 Principles of Consistency (Mark Douglas-Trading in the Zone
[font=Verdana]1. I objectively identify my edges.
2. I predefine the risk of every trade.
3. I completely accept the risk or I am willing to let go of the trade.
4. I act on my edges without reservation or hesitation.
5. I pay myself as the market makes money available to me.
6. I continually monitor my susceptibility for making errors.
7. I understand the absolute necessity of these principles of consistent success and, therefore,...Ignored