DislikedWell done Panda. The simplest is the best. just play with momentum and find a good aera to take the trade after a corrective.
i like this simple way to trade
Sho had really opened my eyes with his "momentum exceeds everything"; it's so rightIgnored
Intraday price action trend trading
- #8,742
- Nov 20, 2011 9:16pm Nov 20, 2011 9:16pm
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Have I got something on my face, SOLDIER?
- #8,745
- Edited 1:05am Nov 21, 2011 12:43am | Edited 1:05am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Have I got something on my face, SOLDIER?
my Sl is always controversy.
many MM tricks up my sleeve.
hard to explain in 1 post.
Good trading
- #8,747
- Nov 21, 2011 4:33am Nov 21, 2011 4:33am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Don't bother buma. I think others may want to learn your SL method if it is not too complicated. If your SL is controversy but it works for you, keep doing. As I said before, we are all different so do whatever suits us.
Good trading
to you too Simplicity
you need to know price to close all trades in profit. to close in net profit, u need to know where price goes. speculation is goner, if u know where it goes, u will never lose. u can float and float but if u know where she is going, u will never close in a loss.
i just got hit earlier today. too bored to take care of it and was too sleepy lol.
importance is to be flexible.
Have I got something on my face, SOLDIER?
- #8,750
- Nov 21, 2011 6:11am Nov 21, 2011 6:11am
it's the friday trade .. i post it now due to lack of time
it's sho's "trading between zones" one
look the char, the one with arrow is good too, but maybe more riskier as we we had bullish signs on the higher TF
I hear and I forget. I see and I remember. I do and I understand.
- #8,752
- Nov 21, 2011 7:03am Nov 21, 2011 7:03am
yeah Bouba, that was nice setup to short..
lots of confluences and PA showing it "doesn't want" to go higher ( 2 pins close to each other,failed IB BO with pin)
I hear and I forget. I see and I remember. I do and I understand.
- #8,758
- Nov 21, 2011 1:56pm Nov 21, 2011 1:56pm
I think I can read price action at some level but hard to quantify them sometime---still not manipulate yet, which makes me feel every trade is a unique one
(except break-out retest ones). But its not true, the mkt is always repeatly as well as some specific patterns.
short tf +10ticks. Closed manully before price hits my tp.
I took it coz it looked like one of Sho's video trades in Post 1, almost but not exactly same. What did i read? down trend--->break out confluence, new lowe--->back to resistance level(red line)--->tweezer(yeah~ my patience back now of waiting for bars formed)
e~ Hope Sho doesn't mind my writing.
(except break-out retest ones). But its not true, the mkt is always repeatly as well as some specific patterns.short tf +10ticks. Closed manully before price hits my tp.
I took it coz it looked like one of Sho's video trades in Post 1, almost but not exactly same. What did i read? down trend--->break out confluence, new lowe--->back to resistance level(red line)--->tweezer(yeah~ my patience back now of waiting for bars formed)
e~ Hope Sho doesn't mind my writing.
