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EURUSD

  • #672,441
  • Jul 26, 2012 8:44pm Jul 26, 2012 8:44pm
Quoting attila
There are people that committed or are contemplating suicide over this. It's the highest stakes game out there. The flip side is complete freedom. So there's not much in between. It requires absolute dedication in order to make it. Whoever thinks otherwise is probably trading micro or demo. Mike is absolutely right. Traders will fight their demons for years, some forever and never win, because we're mostly fighting ourselves. Hard work/method/set up alone will never cut it here.
it needs dedication and half a brain of a monkey - not that difficult but hard
  • #672,442
  • Jul 26, 2012 8:45pm Jul 26, 2012 8:45pm
Quoting 853efx
it needs dedication and half a brain of a monkey - not that difficult but hard
lol. It's the easiest hardest thing.
  • #672,443
  • Jul 26, 2012 8:47pm Jul 26, 2012 8:47pm
Quoting 853efx
i'm in desperate need of some advice as what it looks like
Take this morning, for example, if I was awake, I would have made a tidy profit. But I can't babysit my monitor 24/7. Some of us have a full-time job outside of this market, a wife, with kids, etc......... But to say that you can't time the market is hogwash. Now I see why traders use higher time frames. It's called where price meets time. It can be done. It's a long journey to learn and absorb. But I'm enjoying it. There's different ways to trade. Different methods. As long as your method is putting green pips in your account, that's all that matters. And everybody has different personalities. So, pick one that suites yours. And from day one, Gann clicked with me. And I've been hooked ever since. Notice on the one chart, zoomed in, see where the daily candle from two days ago is under so much pressure, squeezed between the trend lines. And the day before that, also. Price wanted to burst out of there, so bad. Which it did this morning. I'm working on timing it so I know "when" to trade. And when to take profit.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gann.jpg Size: 106 KB
Click to Enlarge Name: gann2.jpg Size: 304 KB
Time turns trend. - W.D. Gann
  • #672,444
  • Jul 26, 2012 8:50pm Jul 26, 2012 8:50pm
Quoting attila
lol. It's the easiest hardest thing.
cheers
  • #672,445
  • Jul 26, 2012 8:54pm Jul 26, 2012 8:54pm
Quoting Mike8
Here we go my friend "our bad habits". They are impregnated and to be free of them we need to deal with ourself. You might deal with them easily on a demo or small account, but when you deal with big money (subjective) they come back to suface if you have not worked out that side yet.

I agree with you trading is not about setups only but is about much more..
That is why am trading mainly on demo and just used my live accounts rarely when I already figure out where the price is going. I am not your typical trader who study complicated and fancy indicators or style of trading. I just want my trading to be simple. The way I want it to be.

In demo account I don't struggle with my emotions,I can trade with bigger lot size there,give in to my greed and open many orders as I want. In demo account I can play with my fantasy,lol. But when it comes to my live account I trade in a different way...it's actually like enjoying both worlds...demo is for fun while live account is for profits,lol.

Forex trading can be traded in so many ways...you can have it in an easy way or difficult way. I believe in the saying that things only are getting complicated when you allowed it to be. In short make your trading simple,what matter most is that you are satisfied with your profits and you got everything under control in your trading.

I am still a newbie...always been a newbie and I love being a newbie to always learn and discover many ways how to trade forex effectively day by day.
  • #672,446
  • Jul 26, 2012 8:54pm Jul 26, 2012 8:54pm
Quoting attila
There are people that committed or are contemplating suicide over this. It's the highest stakes game out there. The flip side is complete freedom. So there's not much in between. It requires absolute dedication in order to make it. Whoever thinks otherwise is probably trading micro or demo. Mike is absolutely right. Traders will fight their demons for years, some forever and never win, because we're mostly fighting ourselves. Hard work/method/set up alone will never cut it here. One has to first understand themselves before even putting a live trade....
I am off to my Friday lunch in town with my mates. I think I have deserve it.
"Men who can both be right and sit tight are uncommon."
  • #672,447
  • Jul 26, 2012 8:54pm Jul 26, 2012 8:54pm
Attached Image (click to enlarge)
Click to Enlarge Name: fibchart.gif Size: 71 KB
this is what I got
  • #672,448
  • Jul 26, 2012 8:55pm Jul 26, 2012 8:55pm
Do you know how to use the Gann wheel with dates?
Quoting ForExtraPips
Take this morning, for example, if I was awake, I would have made a tidy profit. But I can't babysit my monitor 24/7. Some of us have a full-time job outside of this market, a wife, with kids, etc......... But to say that you can't time the market is hogwash. Now I see why traders use higher time frames. It's called where price meets time. It can be done. It's a long journey to learn and absorb. But I'm enjoying it. There's different ways to trade. Different methods. As long as your method is putting green pips in your account, that's all that...
  • #672,449
  • Jul 26, 2012 8:58pm Jul 26, 2012 8:58pm
might be heading to 1.2243
  • #672,450
  • Jul 26, 2012 8:58pm Jul 26, 2012 8:58pm
[quote=dsmith2269;5880684]Attachment this is what I got[/quote
didnt mean to post that one..Thats one one my small accounts..I have 3 but anyway.going of of a W1 chart that's what I think..
  • #672,451
  • Jul 26, 2012 8:59pm Jul 26, 2012 8:59pm
Quoting ForExtraPips
Take this morning, for example, if I was awake, I would have made a tidy profit. But I can't babysit my monitor 24/7. Some of us have a full-time job outside of this market, a wife, with kids, etc......... But to say that you can't time the market is hogwash. Now I see why traders use higher time frames. It's called where price meets time. It can be done. It's a long journey to learn and absorb. But I'm enjoying it. There's different ways to trade. Different methods. As long as your method is putting green pips in your account, that's all that...
i try 2 keep it very simple M5 divergence - i have a look at USDCHF and EURUSD - plenty of opportunities - i'm single, no wife (god bless me) no kids (thanks, maybe one day - ffs) maybe i already managed to get a babygirl, if so - darnn i'm the proudest papi this world has ever seen - back to the fact: i like redwine - woot?
  • #672,452
  • Jul 26, 2012 9:01pm Jul 26, 2012 9:01pm
Quoting attila
Do you know how to use the Gann wheel with dates?
No. Haven't even touched on that area, yet. I'm all into his 45 degree angle type trading thing right now. I'll get on one subject of his and absorb it, how ever long it takes, then move on to another area of his. Have you dabbled with his wheel and dates?
Time turns trend. - W.D. Gann
  • #672,453
  • Jul 26, 2012 9:01pm Jul 26, 2012 9:01pm
Quoting Liza J
That is why am trading mainly on demo and just used my live accounts rarely when I already figure out where the price is going. I am not your typical trader who study complicated and fancy indicators or style of trading. I just want my trading to be simple. The way I want it to be.

In demo account I don't struggle with my emotions,I can trade with bigger lot size there,give in to my greed and open many orders as I want. In demo account I can play with my fantasy,lol. But when it comes to my live account I trade in a different way...it's actually...
my advice: don't focus on trading while trading
  • #672,454
  • Jul 26, 2012 9:02pm Jul 26, 2012 9:02pm
Quoting 853efx
i try 2 keep it very simple M5 divergence - i have a look at USDCHF and EURUSD - plenty of opportunities - i'm single, no wife (god bless me) no kids (thanks, maybe one day - ffs) maybe i already managed to get a babygirl, if so - darnn i'm the proudest papi this world has ever seen - back to the fact: i like redwine - woot?
If it's working for you, that's all that matters. Speaking of drinking, time for another shot of vodka. Gann charts start talking to me better when I'm under the influence.
Time turns trend. - W.D. Gann
  • #672,455
  • Jul 26, 2012 9:03pm Jul 26, 2012 9:03pm
Quoting ForExtraPips
No. Haven't even touched on that area, yet. I'm all into his 45 degree angle type trading thing right now. I'll get on one subject of his and absorb it, how ever long it takes, then move on to another area of his. Have you dabbled with his wheel and dates?
http://www.forexfactory.com/showthre...47#post5578247

one post... If you look through my posts around that time you'll find some of my gann findings.. 45 is good, but 90 is better for e/u... Or at least it was at that time..
  • #672,456
  • Jul 26, 2012 9:03pm Jul 26, 2012 9:03pm
Quoting ForExtraPips
If it's working for you, that's all that matters. Speaking of drinking, time for another shot of vodka. Gann charts start talking to me better when I'm under the influence.
cheers!
  • #672,457
  • Jul 26, 2012 9:03pm Jul 26, 2012 9:03pm
Quoting Liza J
That is why am trading mainly on demo and just used my live accounts rarely when I already figure out where the price is going. I am not your typical trader who study complicated and fancy indicators or style of trading. I just want my trading to be simple. The way I want it to be.

In demo account I don't struggle with my emotions,I can trade with bigger lot size there,give in to my greed and open many orders as I want. In demo account I can play with my fantasy,lol. But when it comes to my live account I trade in a different way...it's actually...
I agree with you.

Just for sharing, myself when I am good with my "mind" (not contraction, no concept, not worries, no mind) I am on the top of my game, no effort, just flowing with the PA. Well that tells me a lot...I think.

Take care.
"Men who can both be right and sit tight are uncommon."
  • #672,458
  • Jul 26, 2012 9:06pm Jul 26, 2012 9:06pm
Quoting attila
http://www.forexfactory.com/showthre...47#post5578247

one post... If you look through my posts around that time you'll find some of my gann findings.. 45 is good, but 90 is better for e/u... Or at least it was at that time..
Thanks. I'll check that out. I also find it interesting how when we have a full moon, and how the markets react around that time. Just like Gann talks about the four seasons, etc...... 90 degrees, hmmmm........ More things to explore. Thanks again.
Time turns trend. - W.D. Gann
  • #672,459
  • Jul 26, 2012 9:07pm Jul 26, 2012 9:07pm
Quoting ForExtraPips
If it's working for you, that's all that matters. Speaking of drinking, time for another shot of vodka. Gann charts start talking to me better when I'm under the influence.
I like to drink..Maybe to much..But anyhooo.I was doing good the other night and got a little drunk and fell asleep with and open trade to find out I had lost all I had gained in 3 days..Felt like a dumb ass..and the wife wasn't happy either
  • #672,460
  • Jul 26, 2012 9:07pm Jul 26, 2012 9:07pm
Quoting ForExtraPips
No. Haven't even touched on that area, yet. I'm all into his 45 degree angle type trading thing right now. I'll get on one subject of his and absorb it, how ever long it takes, then move on to another area of his. Have you dabbled with his wheel and dates?
Here's another one, links you back to a more detailed one..

http://www.forexfactory.com/showthre...05#post5535005
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