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  • #442,561
  • May 16, 2011 5:29am May 16, 2011 5:29am
Quoting hindustani
learn to trade 1 hour consistently for 3 months, then step by step reduce the time frame till you find yourself comfortable with 5 min or 1 min ; if you jump directly from a 50 storey building expecting to fly .............
That's a good point. I am already most comfortable looking at M1 or M5, because the faster pace is interesting and challenging. The thing about me is I don't have a lot of time to stare at charts, that's why I think live cooperation or IMing would be better.
  • #442,562
  • May 16, 2011 5:29am May 16, 2011 5:29am
Quoting hindustani
found it ; here is the video

John Embry discusses gold and silver with James Turk

http://www.youtube.com/watch?v=QX-9U...layer_embedded
Thankyou ,I have seen this and others before ,appreciate your input and infinitus ,but lets leave it there .
Difficult to discuss over a forum ,lets focus on making pips daily .
making green pips large and red pips small this is my goal.
  • #442,563
  • May 16, 2011 5:31am May 16, 2011 5:31am
intraday was looking for a bigger push up to sell some, on the daily, looking for a close under 1.05 to put some shorts on...
Look Sharp/Trade Tight
  • #442,564
  • May 16, 2011 5:33am May 16, 2011 5:33am
Quoting Kn1vez
That's a good point. I am already most comfortable looking at M1 or M5, because the faster pace is interesting and challenging. The thing about me is I don't have a lot of time to stare at charts, that's why I think live cooperation or IMing would be better.

Sorry mate have hung up my M1/M5 shoes...
Look Sharp/Trade Tight
  • #442,565
  • May 16, 2011 5:35am May 16, 2011 5:35am
Quoting PayTheLimit
when does it start, effective now?
Should have started by now? Could be in the shakeout
Founder of Sutherland Wave Principle
  • #442,566
  • May 16, 2011 5:36am May 16, 2011 5:36am
Quoting PayTheLimit
Sorry mate have hung up my M1/M5 shoes...
got married ??
  • #442,567
  • May 16, 2011 5:37am May 16, 2011 5:37am
Quoting hindustani
got married ??
yes indeed...
Look Sharp/Trade Tight
  • #442,568
  • May 16, 2011 5:37am May 16, 2011 5:37am
Quoting Kn1vez
That's a good point. I am already most comfortable looking at M1 or M5, because the faster pace is interesting and challenging. The thing about me is I don't have a lot of time to stare at charts, that's why I think live cooperation or IMing would be better.
Ya prolly not gunna have much luck finding somebody who effectively trades fast charts and has time to chat...

Stop over and see the M1 traders HERE.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #442,569
  • May 16, 2011 5:38am May 16, 2011 5:38am
Quoting PayTheLimit
intraday was looking for a bigger push up to sell some, on the daily, looking for a close under 1.05 to put some shorts on...
was there not a post with some charts talking about the AUD a few mins ago, or have I lost the last remaining marbles I have???
Look Sharp/Trade Tight
  • #442,570
  • May 16, 2011 5:40am May 16, 2011 5:40am
Quoting PayTheLimit
yes indeed...

nono, just like to earn more for less stress
  • #442,571
  • May 16, 2011 5:42am May 16, 2011 5:42am
Quoting suthmo
3800 9 hours
i like it
  • #442,572
  • May 16, 2011 5:43am May 16, 2011 5:43am
Quoting Larseg
nono, just like to earn more for less stress
earn more, yes...less stress...no comment
Look Sharp/Trade Tight
  • #442,573
  • May 16, 2011 5:43am May 16, 2011 5:43am
Quoting Kn1vez
That's a good point. I am already most comfortable looking at M1 or M5, because the faster pace is interesting and challenging. The thing about me is I don't have a lot of time to stare at charts, that's why I think live cooperation or IMing would be better.
voice chat on skype is an option, but seriously nobody has the time to remain glued to the screens ; i chose 5 min charts because it permits me to trade when i want ; and watch movies or sleep or do something else other times ; i never spend the whole day on forex ; i got a life outside of forex. and i value that more ; even though i am a full time trader .....
  • #442,574
  • May 16, 2011 5:48am May 16, 2011 5:48am
Quoting hindustani
can be wrong with my scalps at times, but then forex and war are the same thing ; u have to fight to win.
I was told never fight the markert but go along with it. Correct me if I am wrong.
  • #442,575
  • May 16, 2011 5:51am May 16, 2011 5:51am
Quoting Kn1vez
Well, I have not been trading full time, and also changed to an ECN broker so the whole flow is different.

This is how I see it and I dont know how many times I have said this...

You can choose when to enter and exit the market.
You can choose how much you want to risk.
You can not choose where the price goes.
Your mental state is your edge.

play with the variables you can play with..


To get that edge you have to be comfortable with what you are doing.
So if you need help, you have to write up a list on how you look at:
Risk & Reward
Volatility
Daily average
News and their impact on the market
How much you want to make
Correlations
What timeframe
How many trades a day/week
How strong you are mentally, to fulfill tasks without anyone looking over your shoulder.

Answer to some of these questions can be as simple as (I dont trade news).

However, in the end you read concepts and strategies and you will be able to implement them in a way it makes sense for you. Read out from the book it rarely makes any sense and its hard to perform consistently.

In the end you have to walk your own path.
If 8 years have gone by and you are not profitable, forget it...


But ill promise you this, if you get it... your life will change completely...

good night all..
  • #442,576
  • May 16, 2011 5:52am May 16, 2011 5:52am
news in 10mins.... maybe after that direction should be clear... up or down. Im still in my short though.. stoploss raised to 1.4180
To Your Success!!
  • #442,577
  • May 16, 2011 5:52am May 16, 2011 5:52am
Quoting PayTheLimit
earn more, yes...less stress...no comment

Its def. a mental game. No doubt
  • #442,578
  • May 16, 2011 5:53am May 16, 2011 5:53am
Quoting Larseg
Its def. a mental game. No doubt
lol, talk later brother...
Look Sharp/Trade Tight
  • #442,579
  • May 16, 2011 5:54am May 16, 2011 5:54am
just a thought with the trendlines ; i tried to draw a bowl ; i can be wrong in what i see ;
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  • #442,580
  • May 16, 2011 5:54am May 16, 2011 5:54am
http://s46.radikal.ru/i111/1105/72/01dd3a5085ea.jpg
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