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  • #532,681
  • Aug 30, 2011 9:25am Aug 30, 2011 9:25am
Quoting dvc11
Can you guys believe it?

Every trade I take seems to reverse?

And when I try reverse way, it reverse again?

Seems like the market is making fun of me.

Anyone feels the same way before?

What do you guys advise I should do?
trade longer time frames
  • #532,682
  • Aug 30, 2011 9:30am Aug 30, 2011 9:30am
Quoting uilymmik
trade longer time frames

agree, or set a maximum # of trades you will take each day, mine is 4, keeps me patient and looking for best set ups.
BTW, you DO have a "written" plan you follow? that's kind of important
  • #532,683
  • Edited 9:49am Aug 30, 2011 9:31am | Edited 9:49am
Quoting dvc11
Can you guys believe it?

Every trade I take seems to reverse?

And when I try reverse way, it reverse again?

Seems like the market is making fun of me.

Anyone feels the same way before?

What do you guys advise I should do?
Sure , when you start fresh & heavily doing the scalpings where a few pips deviation made the anxiety & indecision again & start the opposite & then reverse & go on in the vicious cycle .

It can happen with any scalper if not enough trained to avoid the fear , greed or indecisions . price moves in a zigzag fashion in every time frames & every movements but still there can be found a trend for the timebeing . try exploit this .not neccessary move for all movements !!
Mostly scalpers loose in this market , simple gambling formula , give and take , give more & take more , give all & no take any, job done .
Try learn about how markets move , what may possibly go next time & try entry extreme levels seems as strategy. if not work again then revise the strategy till works . never do what not understand , loose your own way still better than rely upon others as it will correct you eventually.
good luck .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #532,684
  • Aug 30, 2011 9:32am Aug 30, 2011 9:32am
Quoting KiwiTrada
stuff it I have enter
sell au 0685 sl 0705 manual manage
generous sl want give extra protection of physc level 0700

Panda EU target is 0000
i closed my short toooo earlier
  • #532,685
  • Aug 30, 2011 9:37am Aug 30, 2011 9:37am
lets see if can get over the 22. then to 02

4393 also will be good .........well, i expect it to 93......or 75...
  • #532,686
  • Aug 30, 2011 9:44am Aug 30, 2011 9:44am
Quoting fatpanda
i closed my short toooo earlier
yes but green pips is green pips bro

AU is drop like rock toooo nice, it be a brick even nicer
If you are new to Forex? Say Goodbye to your account!!
  • #532,687
  • Aug 30, 2011 9:45am Aug 30, 2011 9:45am
Quoting uilymmik
trade longer time frames
Thanks everyone for your advice.

Hi uilymmik, thanks for your advice too. Well, I did try longer time frame before - 1 Hours / 4 Hours / Daily - But I got stopped out before profits can run.

Gee...at times I really felt that the market is making fun of me and telling me that I can Never be a Forex Trader.
  • #532,688
  • Aug 30, 2011 10:02am Aug 30, 2011 10:02am
dont worry feel just like you
but have been following these guys here and learning lots
  • #532,689
  • Aug 30, 2011 10:06am Aug 30, 2011 10:06am
Quoting dvc11
Thanks everyone for your advice.

Hi uilymmik, thanks for your advice too. Well, I did try longer time frame before - 1 Hours / 4 Hours / Daily - But I got stopped out before profits can run.

Gee...at times I really felt that the market is making fun of me and telling me that I can Never be a Forex Trader.
okay try this, try to LOSE all your money, that way you will gain. righhht?
The dreamers are the saviors of the world.
  • #532,690
  • Aug 30, 2011 10:10am Aug 30, 2011 10:10am
Quoting dvc11
Thanks everyone for your advice.

Hi uilymmik, thanks for your advice too. Well, I did try longer time frame before - 1 Hours / 4 Hours / Daily - But I got stopped out before profits can run.

Gee...at times I really felt that the market is making fun of me and telling me that I can Never be a Forex Trader.
Market never does the fun with you, you do it yourself...
  • #532,691
  • Aug 30, 2011 10:19am Aug 30, 2011 10:19am
Ok, I'm bored and it's too quiet in here. Let's play a game... up, or down after FOMC minutes released?

I say... down.
check out my blog: forexmademillionaire dot com
  • #532,692
  • Aug 30, 2011 10:19am Aug 30, 2011 10:19am
Quoting dvc11
Thanks everyone for your advice.

Hi uilymmik, thanks for your advice too. Well, I did try longer time frame before - 1 Hours / 4 Hours / Daily - But I got stopped out before profits can run.

Gee...at times I really felt that the market is making fun of me and telling me that I can Never be a Forex Trader.
We all went through that, and some days still do, but because some of us now have a plan and good risk control we don't get caught in the zig zag.

Drop your position size to the smallest possible. Forget about candles and
any other technical analyses other than finding good supply/demand levels.
That will get you over the first hump of having to know where the market is going to profit. You find supply/demand levels then look for opposing supply/demand levels and if the risk reward is say 3+:1 you place your orders and let it do its thing. As you gain experience you can raise your position size. Until then you will almost always trade too big and get a front seat on the emotional roller coaster that is at the mercy of the market.

When your trading day becomes about checking whether your trades hit TPs or SLs without batting an eyelid you start finding it interesting and even "fun" again... the other direction is just a matter of time before you assume the foetal position...
  • #532,693
  • Aug 30, 2011 10:21am Aug 30, 2011 10:21am
adding more lot

Going short 1.4420,
Target 1.4250 same as before
Stop above 1.4520

Any Comments??
Don't compare your Trades with Others
  • #532,694
  • Aug 30, 2011 10:25am Aug 30, 2011 10:25am
Quoting DubaiFX
adding more lot

Going short 1.4420,
Target 1.4250 same as before
Stop above 1.4520

Any Comments??
hi
i am not the expert! but what make u bet it will fall to 1.4250?!...i think it will rise again!
  • #532,695
  • Aug 30, 2011 10:25am Aug 30, 2011 10:25am
Quoting DubaiFX
adding more lot

Going short 1.4420,
Target 1.4250 same as before
Stop above 1.4520

Any Comments??
there will be a lot of stops @ 4520
/ ... clarifying decisions ... /
  • #532,696
  • Aug 30, 2011 10:27am Aug 30, 2011 10:27am
Quoting xologeis
We all went through that, and some days still do, but because some of us now have a plan and good risk control we don't get caught in the zig zag.

Drop your position size to the smallest possible. Forget about candles and
any other technical analyses other than finding good supply/demand levels.
That will get you over the first hump of having to know where the market is going to profit. You find supply/demand levels then look for opposing supply/demand levels and if the risk reward is say 3+:1 you place your orders and let it do its thing....
New IP address mate ??

you are soo creative with usernames..

  • #532,697
  • Aug 30, 2011 10:36am Aug 30, 2011 10:36am
Quoting DubaiFX
adding more lot

Going short 1.4420,
Target 1.4250 same as before
Stop above 1.4520

Any Comments??
support below....more confirmation or a rejection of a bull attempt
  • #532,698
  • Aug 30, 2011 10:37am Aug 30, 2011 10:37am
Quoting King Tut
hi
i am not the expert! but what make u bet it will fall to 1.4250?!...i think it will rise again!
thats make the market bro you think it will rise you buy
i think it will fall i sell, and this is how FOREX works,
well i have my technical reasons beside,
EU fundamentals seems not good to me,
+ september is coming and as we know big boys will come back and then market will tell us who was right you ro me,

we al have different opinions bro it doesnt matter what matters is are you making profit on your analsis then everything is fine,
it may rise a little but at the end it will go down.

Good Luck to all of us,
i am not looking here for 15 pips if i wanted i went long at 1.44 that was good because 4390 support didnt break i will wait for the EUR to GO up and will sell,

Good Luck to both of us,
lets see if i am wrong..
Don't compare your Trades with Others
  • #532,699
  • Aug 30, 2011 10:47am Aug 30, 2011 10:47am
Quoting Piters
New IP address mate ??

you are soo creative with usernames..

I don't follow?
  • #532,700
  • Aug 30, 2011 10:47am Aug 30, 2011 10:47am
Quoting DubaiFX
thats make the market bro you think it will rise you buy
i think it will fall i sell, and this is how FOREX works,
well i have my technical reasons beside,
EU fundamentals seems not good to me,
+ september is coming and as we know big boys will come back and then market will tell us who was right you ro me,

we al have different opinions bro it doesnt matter what matters is are you making profit on your analsis then everything is fine,
it may rise a little but at the end it will go down.

Good Luck to all of us,
i am not looking here for...
yeah, bro.
The dreamers are the saviors of the world.
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