I hear and I forget. I see and I remember. I do and I understand.
Intraday price action trend trading
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The New, i know that last year you begin to trade Sho's method. Do you always trade this way?
Still lot to learn i´m a part time trader as i have a daily job, so yes i trade this method but on higher time frames 8h and daily mostly... Looking for the day where i can stay at home scanning the 15 min charts looking for oportunities ( next year maybe, let´s see ). And i agree with you about watching as many charts as you can ( in your case 15, i watch 8 when at home), as it avoids from forcing trades where they don´t exist or lower probabilities of sucess...so you can always find some good setups during the day, even Master Sho said that, at begining stay only with one for practise but as your skills grows add more charts...
I will try to give a little of my eyes experience when i can as i am short of time and the language doesn´t help too
Thanks to everyone on this threath
Cheers
- #8,028
- Sep 5, 2011 3:35pm Sep 5, 2011 3:35pm
Inserted CodeThe New, i know that last year you begin to trade Sho's method. Do you always trade this way?
Still lot to learn i´m a part time trader as i have a daily job, so yes i trade this method but on higher time frames 8h and daily mostly... Looking for the day where i can stay at home scanning the 15 min charts looking for oportunities ( next year maybe, let´s see ). And i agree with you about watching as many charts as you can ( in your case 15, i watch 8 when at home), as it avoids from forcing trades where they don´t exist or lower...
I'm sure that experiment trader as no experiment with this method can give at others differents tools and clues to understand better how price react.
I always thanks someone who shares what he knows, because the more odds i have, the better i will become.
You know i'm an idiot: nothing of what i can talk in my chart is an idea of me, i repeat, nothing
.All my knowledges came from experiment or less experiment traders , tools which suit me and that i learn . i have nothing more to give that others had given me;
It's why i like post charts and why i love when others traders comment them, because it gives me often new idea for my trading way
I hear and I forget. I see and I remember. I do and I understand.
you're charts are welcome, this thread is great, but master the method needs time of practize.
I'm sure that experiment trader as no experiment with this method can give at others differents tools and clues to understand better how price react.
I always thanks someone who shares what he knows, because the more odds i have, the better i will become.
You know i'm an idiot: nothing of what i can talk in my chart is an idea of me, i repeat, nothing
All my knowledges came from experiment or less experiment traders , tools which suit...
- #8,030
- Edited Sep 6, 2011 1:32am Sep 5, 2011 11:48pm | Edited Sep 6, 2011 1:32am
Boubafx
Good attempt in CT. Make many mistakes in demo then you will understand CT setup from your mistakes.
My rules of my CT are;
If the trend is up,my attempt is to short when;
1. there are series of rally up
2. final candle must be big (exhaustion candle)
3. the big candle must be landed at supply on the left and confluence with
fib 50% or 61%+
4. div must be seen
If the trend is down,my attempt is to long when;
1. there are series of rally down
2. final candle must be big (exhaustion candle)
3. the big candle must be landed at support on the left and confluence
with fib 50% or 61%
4. div must be seen
They are my definition of CT but if you have discovered your rules feel free to add or delete
Good attempt in CT. Make many mistakes in demo then you will understand CT setup from your mistakes.
My rules of my CT are;
If the trend is up,my attempt is to short when;
1. there are series of rally up
2. final candle must be big (exhaustion candle)
3. the big candle must be landed at supply on the left and confluence with
fib 50% or 61%+
4. div must be seen
If the trend is down,my attempt is to long when;
1. there are series of rally down
2. final candle must be big (exhaustion candle)
3. the big candle must be landed at support on the left and confluence
with fib 50% or 61%
4. div must be seen
They are my definition of CT but if you have discovered your rules feel free to add or delete
Shake it off!Lick the Wound,Prey Again!
I'm looking forward to learn from you too......
- #8,037
- Sep 6, 2011 3:14am Sep 6, 2011 3:14am
Ha!ha! how would I know CHF will shoot so high
How explain a such move
No trade foerme now, i wait the storm calm
I hear and I forget. I see and I remember. I do and I understand.
- #8,039
- Sep 6, 2011 3:18am Sep 6, 2011 3:18am
i don't understant why the market is so crazy just now?
Big big push!!
There are no news, i don't understand
Yes there are.Borrosa, (EC) commision deny Eu will face reccession
join hand with Eu gang
Shake it off!Lick the Wound,Prey Again!