DislikedThx for that indi, its great ....but i only get the grid on the lower part ??? Anyone else having this problem and maybe a solution ?? Have to adjust the session times but that is no problem.Ignored
Make Money Everyday - A Guide to Short-Term Trading
Hi,
I 've opened FF and seen the title of this thread and thought about another shit for newbies there, I'm not visiting section trading system, but i was interested what is it about, and after reading few sentences and understanding the concept i can say that this is the way how most bank traders trade, without even knowing what TA is just looking at numbers and line charts
)
So if you want to know how to trade and you are struggled with indicators just listen to this guy and learn how to trade - btw i think that really really most guys here will lose in this way of mongolian's trading in the beginnings, it's method which need to be traded for some time and trader need to get used to it and to make a lot of trades to get an experience - it's my view of it. But it's quite normal there is a lot of hard work included and who is expecting the system a+b=c will never make it, sth like that doesn't exist(unless you have friends on the hot spot
with OF info)
So i wish you good luck all, and wish you all the best Mongolian you shared basic and very powerfull method and maybe the only one which works (idk these systems here maybe i'm wrong) and i would vouch for you if i could.
just my 2 cents.
mike.
I 've opened FF and seen the title of this thread and thought about another shit for newbies there, I'm not visiting section trading system, but i was interested what is it about, and after reading few sentences and understanding the concept i can say that this is the way how most bank traders trade, without even knowing what TA is just looking at numbers and line charts
)So if you want to know how to trade and you are struggled with indicators just listen to this guy and learn how to trade - btw i think that really really most guys here will lose in this way of mongolian's trading in the beginnings, it's method which need to be traded for some time and trader need to get used to it and to make a lot of trades to get an experience - it's my view of it. But it's quite normal there is a lot of hard work included and who is expecting the system a+b=c will never make it, sth like that doesn't exist(unless you have friends on the hot spot
with OF info) So i wish you good luck all, and wish you all the best Mongolian you shared basic and very powerfull method and maybe the only one which works (idk these systems here maybe i'm wrong) and i would vouch for you if i could.
just my 2 cents.
mike.
- #56
- May 1, 2011 8:23am May 1, 2011 8:23am
- | Joined Aug 2007 | Status: Say what ? | 1,888 Posts
Currency price action has natural support and resistance levels at each whole number,
as well as each quarter level between whole numbers, AND the halfway point between each quarter level as well.
.
Mongolian,
I am often absent from Forex Factory, but never too far away.
Every now and again I poke around to see what's happening around here.
I may be wrong, but I have a strong gut feeling that you're the real deal.
You seem like a modest guy, but I sense you know that this stuff ain't for the faint of heart.
Even though it may be simple, it's not easy for most and I think you get it.
This is one of the more solid scalping methods in use today and has
been so often overlooked or dismissed because it's just too damned simple
and it works. Without the patience to execute on que and spend the
screen time required, most cannot "keep both hands on the wheel".
I use a variation of the methods you've outlined and it uses 00/25/50/75
as markers in conjunction with fibs and floor pivots. I give my pivot and mid points
first priority, then the "levels" (00,25,etc.), then the fibs and extensions .
If the PA starts to align itself properly, it triggers a trade.
I also use a Point and Figure chart much like your excel worksheet to track price.
Plus, I'm fond of tick charts, Renko bricks, or price charts excluding linear time.
Your efforts and time spent to inform and enlighten is also commendable.
Anyway, you've found what works especially just for you.
Please allow me to be the 1st to shake your hand and vouch for you.
Now if you'll excuse me, I have to go crawl back into my cave.
Thanks.
Hi,
I 've opened FF and seen the title of this thread and thought about another shit for newbies there, I'm not visiting section trading system, but i was interested what is it about, and after reading few sentences and understanding the concept i can say that this is the way how most bank traders trade, without even knowing what TA is just looking at numbers and line charts
So if you want to know how to trade and you are struggled with indicators just listen to this guy and learn how to trade - btw i think that really really most guys...
You, the trader, have to put in your time. You have to put in screen time, you have to put on trade after trade after trade. Is it to master the system? It is, but really - the system can be whatever. The purpose of the time spent is to master yourself. Your behaviors. My goal, and certainly I fail all the time, but I'm better than I was, is to be able to trade and not be bothered by what the market is doing (I can't control that), to not be surprised by what the market is doing (this come's with screen time in my opinion) and to take losses without batting an eye. It isn't so much that it's rocket science - BUT - Your chances of being excellent at this are close to nil if you can't master yourself.
Another soap box, I know. Hope everyone is ready to take care of business!
Mongolian