Fail Better | Page 45 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

A better Editor for mql is available. 100x better than MetaEditor 20 replies

Broker needs to do better, much better 4 replies

Better momentum and better Sine wave indicator 0 replies

Mathematical reasons why MOST DayTraders & scalpers fail? 197 replies

Is Better still better? 1 reply

Attachments: Fail Better
Exit Attachments

Fail Better

  • #881
  • Jul 2, 2011 6:02am Jul 2, 2011 6:02am
Quoting Miko1

Give a man a fish and he will eat for a day. Teach a man to fish and he will eat for the rest of his life
or sit around in a boat and drink beer all day

jon
PATIENCE... DISCIPLINE
  • #882
  • Jul 2, 2011 7:11am Jul 2, 2011 7:11am
anybody considering a short trade here? have a nice weekend.
Attached Image (click to enlarge)
Click to Enlarge Name: july 2 eurchf.gif Size: 24 KB
  • #883
  • Jul 2, 2011 4:19pm Jul 2, 2011 4:19pm
Quoting the_wizard
I got stopped out on my short in Barclays.

I wanted to post this as it is an incredible level (first chart shows the weekly).

The second chart shows how I sold the rounded retest on the D1 time frame.

In my opinion an excellent trade that was a loser :-)

Incidentally, price is now posting a Weekly Bullish Engulfing with a close back above the level so it is going to get very interesting next week...
Looks like a very good trade there, minus the lack of space/time for the retest i reckon. But confluence between the timeframes was spot on.
  • #884
  • Jul 2, 2011 6:04pm Jul 2, 2011 6:04pm
Hello guys i must say this is one if not the best thread in here. Well explained without anything to hide or something trying to be arrogant forgetting that he/she once was like most of us. I have a question i went trough all the thread 2 times and i saw most of the people discussing break and retest approach. My question is if this is the only signal(method) you trade or there is more but is shared only in the webinars? Thank you all!
  • #885
  • Jul 2, 2011 6:23pm Jul 2, 2011 6:23pm
potential short setup : ))))) What do you think ? )))
Attached Image (click to enlarge)
Click to Enlarge Name: Screen shot 2011-07-03 at 3-July.jpg Size: 123 KB
  • #886
  • Jul 3, 2011 2:14am Jul 3, 2011 2:14am
Quoting the_wizard
I got stopped out on my short in Barclays.

I wanted to post this as it is an incredible level (first chart shows the weekly).

The second chart shows how I sold the rounded retest on the D1 time frame.

In my opinion an excellent trade that was a loser :-)

Incidentally, price is now posting a Weekly Bullish Engulfing with a close back above the level so it is going to get very interesting next week...
looks now like a weekly buob at swing low.
Attached Image (click to enlarge)
Click to Enlarge Name: barc1.gif Size: 26 KB
  • #887
  • Jul 3, 2011 2:21am Jul 3, 2011 2:21am
Quoting teodosy87
Hello guys i must say this is one if not the best thread in here. Well explained without anything to hide or something trying to be arrogant forgetting that he/she once was like most of us. I have a question i went trough all the thread 2 times and i saw most of the people discussing break and retest approach. My question is if this is the only signal(method) you trade or there is more but is shared only in the webinars? Thank you all!
swing failure pattern.

http://www.forexfactory.com/showthre...23#post4720323
Attached Image (click to enlarge)
Click to Enlarge Name: july 3 usdcad.gif Size: 24 KB
  • #888
  • Jul 3, 2011 9:43am Jul 3, 2011 9:43am
Quoting trader3000
swing failure pattern.

http://www.forexfactory.com/showthre...23#post4720323
lol thank you i will look more deeply in that : )))))
  • #889
  • Jul 3, 2011 9:59pm Jul 3, 2011 9:59pm
Any one on it ? Does this makes any sense ?
Attached Image (click to enlarge)
Click to Enlarge Name: daily-7-1-2011-gbpchf-ss-position.jpg Size: 170 KB
  • #890
  • Jul 5, 2011 2:26am Jul 5, 2011 2:26am
Something to watch for retest.

Attached Image (click to enlarge)
Click to Enlarge Name: UNILEVER.png Size: 18 KB


pat
  • #891
  • Jul 5, 2011 11:25am Jul 5, 2011 11:25am
Hi Tom

Just finished reading the entire thread and wanted to thank you for your selfless efforts in this & other threads over the years in the t2w forums.

I live in London England so would really like to attend your next webinar on Sunday. As I'm a new member, I can't PM you so I've minted a temporary email address:

[email protected]

Take care

KingKhan
  • #892
  • Jul 5, 2011 3:41pm Jul 5, 2011 3:41pm
Some charts I did which I Hope I read correctely

Tripple Top
http://screencast.com/t/cMmvjL3Wosc

Breakout and re-test ?
http://screencast.com/t/tlQkK2gz9nR

comments welcome
  • #893
  • Jul 6, 2011 3:05am Jul 6, 2011 3:05am
Quoting trader8080
Some charts I did which I Hope I read correctely

Tripple Top
http://screencast.com/t/cMmvjL3Wosc

Breakout and re-test ?
http://screencast.com/t/tlQkK2gz9nR

comments welcome
Hello and welcome aboard.

I've got you down for the webinar now.

Beautiful charts.

Love the RBS retest!
  • #894
  • Jul 6, 2011 2:38pm Jul 6, 2011 2:38pm
Many thanks Tom

Much appreciated (thanks for liking the charts)

British land on a very nice level

http://screencast.com/t/yUoFs6CGC0


I just love charting its my passion
  • #895
  • Jul 6, 2011 3:29pm Jul 6, 2011 3:29pm
my only trade was long EurUSD (i know it looked suicidal )

The reason behind that

http://screencast.com/t/uVVPiAlpqdTx

if you wana see this clear as daylight

Open up EURUSD chart H1 and draw this FIB and then switch to 5 min chart

and now see what market does when it hit those levels

here is that M5 chart http://screencast.com/t/qL3z33Gc
  • #896
  • Jul 6, 2011 5:13pm Jul 6, 2011 5:13pm
Hi Tom,
what do you think of EURGBP?. 0.8940 is a nice support, but didn't take any long because I saw euro weak against most pairs.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Jul. 07 00.11.jpg Size: 61 KB
  • #897
  • Jul 7, 2011 1:26am Jul 7, 2011 1:26am
Thoughts ?
Attached Image (click to enlarge)
Click to Enlarge Name: d-7-6-2011-usdcad-ss-position.jpg Size: 145 KB
  • #898
  • Jul 7, 2011 9:12am Jul 7, 2011 9:12am
Quoting simplebeans
Tom i noticed that over the course of a few weeks levels sometimes become undefined and washed etc etc. How often do you suggest in terms of time rubbing all the levels off your charts and starting again?
Tom any response on this post i made a little while ago?
  • #899
  • Jul 7, 2011 9:57am Jul 7, 2011 9:57am
EURUSD short anyone?

Be interested to hear Tom's input as to whether this level has been washed. My feeling is that no, it hasn't, because the area where it looks like it was washed was due to news about the Greek rescue package.

Tom?

:-)
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd short.gif Size: 28 KB
  • #900
  • Jul 7, 2011 10:30am Jul 7, 2011 10:30am
Tom or anyone else im planning on printing some charts out this week, whats the best way of doing this? I want to be able to print a continuous feed of the data on a reel of paper is that possible or do you have to print the chart page by page?
4 traders viewing now