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  • #502,501
  • Jul 28, 2011 9:17am Jul 28, 2011 9:17am
Quoting Alexone
Really? You know a better way to win at this then just try and try? Should i just quit because i cant win? Nice.
I wouldn't quit. Are you using multi-timeframes, daily and weekly pivot points, and some kind of OB/OS indicator, as well as drawing trendlines? If you're losing on lower timeframes, try to trade the higher ones by using the lower ones to enter on.
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  • #502,502
  • Jul 28, 2011 9:18am Jul 28, 2011 9:18am
Quoting Fx93
I wouldn't quit. Are you using multi-timeframes, daily and weekly pivot points, and some kind of OB/OS indicator, as well as drawing trendlines? If you're losing on lower timeframes, try to trade the higher ones by using the lower ones to enter on.
wtf
Hero calls followed by margin calls...
  • #502,503
  • Jul 28, 2011 9:20am Jul 28, 2011 9:20am
Quoting Alexone
Anybody know how i can get cloggie (or someone who is making money trading) to train me? Im serious...every frickin day from 8am to 12pm i stare at charts and at the end of the day the result is the same. And this has been going on for 2 years. Im getting f***ing sick!
Timewise thats nothing, 4 hours a day?

And have you tried getting only 10 pips a day during liquid hours.... 1 single trade alone...

its a very good starting rule...
  • #502,504
  • Jul 28, 2011 9:21am Jul 28, 2011 9:21am
Quoting Cypher
http://www.zerohedge.com/news/all-ma...days-dc-agenda
thanks~~~~
Patience, Emotion Control and Discipline.
  • #502,505
  • Jul 28, 2011 9:22am Jul 28, 2011 9:22am
Look Sharp/Trade Tight
  • #502,506
  • Jul 28, 2011 9:23am Jul 28, 2011 9:23am
Quoting PayTheLimit
Hero calls followed by margin calls...
  • #502,507
  • Jul 28, 2011 9:25am Jul 28, 2011 9:25am
Went long.. Hammer with confirmation formed on 1H chart. For now it seems to hold S2, next R would be .4326 on my charts...

Hope this trade won't turn back on me.. absolute failure today so far
  • #502,508
  • Jul 28, 2011 9:26am Jul 28, 2011 9:26am
Quoting Larseg
Timewise thats nothing, 4 hours a day?

And have you tried getting only 10 pips a day during liquid hours.... 1 single trade alone...

its a very good starting rule...
More like 16 hrs/day. 8am-12pm. Its ok if u dont believe me. I cant believe it myself i havent felt it until now. Every1 has a breaking point i guess.
  • #502,509
  • Jul 28, 2011 9:28am Jul 28, 2011 9:28am
Quoting Alexone
More like 16 hrs/day. 8am-12pm. Its ok if u dont believe me. I cant believe it myself i havent felt it until now. Every1 has a breaking point i guess.

yea thats better, no I believe you...

how many trades a day though?
  • #502,510
  • Jul 28, 2011 9:30am Jul 28, 2011 9:30am
probable pa , US news positive though .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #502,511
  • Jul 28, 2011 9:33am Jul 28, 2011 9:33am
I trade on H1. 20 trades a week or so. Sometimes a little more sometimes less. Tried Daily TF. SL is too big, havent figured a way to decrease that and you have to wait too long.
  • #502,512
  • Jul 28, 2011 9:35am Jul 28, 2011 9:35am
MA20 crossing MA50 on 5min chart as well for extra bullish confirmation
  • #502,513
  • Jul 28, 2011 9:36am Jul 28, 2011 9:36am
Quoting gatorinla
not to constipate things.. here are some levels that may help.(2009 #). regardless a close below 4277.9 (2008 #) this week is bearish. ill add to these levels to show you something in the next post. it will show what a mofu is. and what it does. back to check a tl is normal.
kinda like that. i had a sell trigger at 4313... but it wasn't the strong 40 pip type. 4313 is a old target # they are usually soft s/r after.. so a better sell trigger is probably at 4316.5 or 4330.6.... your trigger may be different but looking there is not a bad place. just lilke 4313 is one so is 4264 was the next. ill look for the old post.

the mofu is the center of the previous posted chart levels. all i did was add to that chart.
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those who can, do. those who cant, talk about those who can
  • #502,514
  • Jul 28, 2011 9:36am Jul 28, 2011 9:36am
Quoting Robertk
MA20 crossing MA50 on 5min chart as well for extra bullish confirmation
who cares about ema crosses
Hero calls followed by margin calls...
  • #502,515
  • Jul 28, 2011 9:39am Jul 28, 2011 9:39am
Quoting Alexone
I trade on H1. 20 trades a week or so. Sometimes a little more sometimes less. Tried Daily TF. SL is too big, havent figured a way to decrease that and you have to wait too long.
take it down to 1 trade a day and just try to take 10 pips for a week or so.... you will be amazed on the results, however, in the longer term try to catch more...

This is just to boost your mindset

going to bed

take 10 by shorting it from here
  • #502,516
  • Jul 28, 2011 9:39am Jul 28, 2011 9:39am
Hey guys, so, what do we have here for today
Just about to enter into market . . . Is it going up? ...it must
Don't look at me I am lost too
  • #502,517
  • Jul 28, 2011 9:41am Jul 28, 2011 9:41am
Quoting gatorinla
(#3) mofus do their thing. that don't mean they don't give up. just respect them and they will let you milk them
4313 chart..
those who can, do. those who cant, talk about those who can
  • #502,518
  • Jul 28, 2011 9:44am Jul 28, 2011 9:44am
Quoting PhAnTi'
who cares about ema crosses
Hmm.. I do but then again I'm only trading in forex since 2 weeks now.
I guess most don't according to your answer.. will keep in mind ;D
  • #502,519
  • Jul 28, 2011 9:46am Jul 28, 2011 9:46am
Quoting gatorinla
bear #1 and #2 complete. #3 is 4313

mofu for #3 is um 4370.9 m 4364.8 Lm 4358.5. so change 4359 to include 4358..

#2 just completed, so a bounce is normal. (4371.3)

#4 is 4264 just below fridays #s but within the realm. most are below 4277..
um 4349.4 m 4340.4 lm 4331.1
back to #4... we usually bounce after.. i did not do a #5 at the time. so i went back to 2008 and 2009 charts.
those who can, do. those who cant, talk about those who can
  • #502,520
  • Edited 10:01am Jul 28, 2011 9:46am | Edited 10:01am
Quoting Alexone
Anybody know how i can get cloggie (or someone who is making money trading) to train me?

That ain't gonna happen, the traders you want to learn from don't go teaching, they are too busy making money.

Quoting Alexone
.every frickin day from 8am to 12pm i stare at charts and at the end of the day the result is the same. And this has been going on for 2 years. Im getting f***ing sick!
In all fairness, 2 years is not that long in the grand scheme of things. I have been at this for 2 decades and am still learning new things here and there.

This thread is not a good place to learn, there are a few good traders here (have a look at Gator, Piters, PtL, Venice, Attila and a few others) A good place to go here is Redsword's PA thread as a start.

You just need to keep at it, it takes some 6 monts, others 5 years to get to at least to BE before they turn the corner. One day the lightbulb will go of and you will look back and wonder why it took you so long.
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