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EURUSD

  • #591,741
  • Feb 5, 2012 8:33am Feb 5, 2012 8:33am
this week candle will be a big short candle that break the previous month's low
I have past history of statements to justify what i say.
  • #591,742
  • Feb 5, 2012 8:36am Feb 5, 2012 8:36am
Quoting eu_trader
this week candle will be a big short candle that break the previous month's low
Aha. Good to know..... And why is that?
  • #591,743
  • Feb 5, 2012 8:46am Feb 5, 2012 8:46am
eu views next .
http://www.forexfactory.com/showthre...21#post5356121
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #591,744
  • Feb 5, 2012 8:46am Feb 5, 2012 8:46am
Quoting attila
We operate in an uncertain environment. The way the brain deals with uncertainty is by looking for context, and the way it sends it's findings back to our consciousness is through emotions. The more one ignores their emotions the louder they become.
and where might it find context , in relation to trading?
  • #591,745
  • Feb 5, 2012 8:47am Feb 5, 2012 8:47am
Quoting attila
Nothing will help. Not even that. It's very simple actually. We operate in an uncertain environment. The way the brain deals with uncertainty is by looking for context, and the way it sends it's findings back to our consciousness is through emotions. The more one ignores their emotions the louder they become. It's just the way it works... anything else is false advertising or more of the same macho talk..
I know you are right Attila
New voice message: Why are you calling me? If I need you, I'll call you!
  • #591,746
  • Feb 5, 2012 8:47am Feb 5, 2012 8:47am
Quoting chazzle
and where might it find context , in relation to trading?
Where does it find context when you are in a forest in the middle of the night?
  • #591,747
  • Feb 5, 2012 8:50am Feb 5, 2012 8:50am
Quoting eu_trader
this week candle will be a big short candle that break the previous month's low
interesting...
.:: your stop loss is another trader's first target ::.
  • #591,748
  • Feb 5, 2012 8:52am Feb 5, 2012 8:52am
Quoting eu_trader
this week candle will be a big short candle that break the previous month's low
Noob?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #591,749
  • Feb 5, 2012 8:56am Feb 5, 2012 8:56am
Quoting attila
Where does it find context when you are in a forest in the middle of the night?
depends how well you know the forest , if you have a torch , if you have people with you , what the weather is like , what clothes you have , are there any predators out there , do you have enough food , do you have a compass , do you have a map , etc ,
  • #591,750
  • Feb 5, 2012 9:00am Feb 5, 2012 9:00am
Quoting chazzle
depends how well you know the forest , if you have a torch , if you have people with you , what the weather is like , what clothes you have , are there any predators out there , do you have enough food , do you have a compass , do you have a map , etc ,
You just described trading..
  • #591,751
  • Feb 5, 2012 9:07am Feb 5, 2012 9:07am
Quoting attila
You just described trading..
exactly - if you are well equipped you can limit the effect that emotions will have on your trading
  • #591,752
  • Feb 5, 2012 9:14am Feb 5, 2012 9:14am
Quoting chazzle
exactly - if you are well equipped you can limit the effect that emotions will have on your trading
I would not limit them because they are trying to tell me something. Emotions are information. The market is driven by emotions in a big way, so if nothing else, understanding other trader's emotions will put us in a better position.

I don't want to work hard suppressing my emotions. I want to understand and use them to my advantage.
  • #591,753
  • Feb 5, 2012 9:18am Feb 5, 2012 9:18am
http://blackgoldforex.tumblr.com/pos...3-2012-cl-gold
  • #591,754
  • Feb 5, 2012 9:23am Feb 5, 2012 9:23am
Quoting attila
I would not limit them because they are trying to tell me something. Emotions are information. The market is driven by emotions in a big way, so if nothing else, understanding other trader's emotions will put us in a better position.

I don't want to work hard suppressing my emotions. I want to understand and use them to my advantage.
But you must admit that it's quite likely that bad trading decisions have been made in the past by traders through excessive fear , greed , anger , panic , etc?
Would it not be wise to seek a method which limits the effects of these emotions in the decision making process?
  • #591,755
  • Feb 5, 2012 9:27am Feb 5, 2012 9:27am
Quoting attila
Aha. Good to know..... And why is that?
Ignore Eutrader... the guy ridiculed a bunch of people for trading against him, whilst claiming he was trading 20,000 dollar pips. This was the October rally from last year that he was trading against... He disappeared for quite some time after that loss
"Don't Panic..."
  • #591,756
  • Feb 5, 2012 9:28am Feb 5, 2012 9:28am
Quoting attila
I would not limit them because they are trying to tell me something. Emotions are information. The market is driven by emotions in a big way, so if nothing else, understanding other trader's emotions will put us in a better position.

I don't want to work hard suppressing my emotions. I want to understand and use them to my advantage.
Quoting attila
Latin blood here. Famous for being impatient...
  • #591,757
  • Feb 5, 2012 9:31am Feb 5, 2012 9:31am
Quoting Halifax
Ignore Eutrader... the guy ridiculed a bunch of people for trading against him, whilst claiming he was trading 20,000 dollar pips. This was the October rally from last year that he was trading against... He disappeared for quite some time after that loss
his broker must be in good shape by now.
  • #591,758
  • Feb 5, 2012 9:43am Feb 5, 2012 9:43am
Quoting attila
Where does it find context when you are in a forest in the middle of the night?
one of the finest line of philosophy
narender sehrawat from india
  • #591,759
  • Feb 5, 2012 9:54am Feb 5, 2012 9:54am
Quoting KillerWhale
Noob?
yea, or it's a joke.
  • #591,760
  • Feb 5, 2012 10:01am Feb 5, 2012 10:01am
Quoting pkimnyc
Guilty as charged. But AWARE of it.
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