Central Banks & Big Players

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The mastery of an area is like watching an apple. As time passes, your mental image is more and more parallel with reality, and your interactions with the object are more accurate, as you see details that escaped you in the past. Objectivity, perseverance and patience.

Keep yourself in-game friends.

Am still holding on!

Not trading NY open as they're on holidays!
Happy 4th july peeps!

it takes 7 years to resist taking a profit lower than 400 pips

Yup, slow trading... take it easy guys enjoy your summer

beautiful

Hey tony! In other words, you set to BE and wait for your 400 tp?

What if it reaches 350 and retraces back? Do you still hold on to BE still?

Tony i believe you're still in from yesterday LO trade... 400 pip is coming for you! This strategy is so sick. But only to those who have patience and disicpline.

Helly Tony and other friends,

i understand the entering on the first two pips of london and newyork open with stoploss 3.5 pips +spread but i am not getting when to exit?
can guide me about the exit, please.

Thanks

Exit is discretionary.

Initially he suggested 140 pips as take profit, now he has up to 400 pips.

It all depends whether you can handle your emotions.

Thank you fartist.

Just i enter with the london open but loss -5.5.
i enter in sell position, am i correct?

i entered LO too, but i exited with BE for this.

Yes i shorted as well.

Do you know the expression "All or nothing at all" or "do or die" ... that's about it

Hats off to you for that attitude!

-2, -2

LO BE

NY Set to BE and still running.

NY epics, good morning

I'm going on the conservative side today... tp will be 300

You know, I spent some time mulling over all this and after hours trying to create criteria for placing the stop, the take profit .. find safe areas to move progressively and analyze the variable fractal wave, I'm back to this post and I thought: That son of a bitch. His system is very much simple and apparently effective. You've years with this doubling sometimes week to week, if you have not played too much, you must have an enviable trading capabilities.

Your system is almost entirely based on attitude or instinct, and I'm spending too much mental effort creating a whole aptitude based system, which could say is my edge. I still wonder how you are able to stay all those hours in front of the screen. I guess you analyze everything that happens. The price breaks and you thought about that. Many of them have already become familiar and you may even enter with them, when apparently a non experienced person had not reason to enter.

I'll take a moment to feel your memories and melancholy. Remember the first few weeks of this post. There was much to discover, people are encouraged and you were focused on your findings.

It's been several months since the last time I wrote on this subject, and since then I have continued to focus on this concept.

Call me asshole, but still I could not focus on the screen for many hours.

I'll have to change my lifestyle to accomplish this and I'm going to rot in this chair, but it's time.

If I had been taught to aspire to sleep or eat anything I wanted everything would be easier, too bad I have been brainwashed with the image of Las Vegas and shit.

I'll start with very little money to operate during the 20 days remaining this month. I will be 2 hours after both opening and also when in news, and those 4 hours a day I'll be without leaving the screen, analyzing everything that happens in the eurusd.

I'm fucking crazy and people will start to think, especially my girlfriend, but I'm tired of failing in this.. all or nothing.

Jonander, it's so deep what you've written in here. Listen to me, if you only knew how many hours I've invested in this. It's currently approaching 20000 hours ... it's an estimate. It's only very recent that I distanced myself from this screen. I have one and only advice: you see my last trade? I traded straight from the first second on the NY open. I'm floating at 50 pips now... letting it fly until it reaches 300. Do the same. Don't spend hours in front of the computer. Forex will make you old, tired, used and hopeless without a cent in your pocket. Take the knowledge from so much experience. At the end of all this, after trying hundreds of methods and after going through thousands of threads and systems you will understand the simplicity will take over. Break free from the crowds... don't get lost in what everybody's doing. Take a trade at the NY, or Lo, close your program. Refund what you lost at the end of the week. Live your life. I'm out to the pool with my son.

Jonander i hope you make it bro.

After years of studying this i kinda realise the same thing tony is illustrating too. It really is simple but you need the disicipline to execute simplicity! Thats it!

DISCIPLINE TO EXECUTE SIMPLICITY.

Most don't believe its that easy, goes around chasing for the latest indicators and stuff.

Tell you what, set aside 10mins per day!
5 mins for LO and 5mins for NY.

Within 5mins you know whether the trade is set to BE or stopped out. After which let it run, maybe for starters set a TP of 100.

Once you become experience like tony, strengthening your psychological muscles, go for 200 300 or even 400 tp. 10mins a day! Thats all.

Let me know how it works out for you.