nice chart kypa
this one should be even more nice
P.S. got the short from the squaring at the pivot
- #3,282
- Dec 6, 2012 5:57am Dec 6, 2012 5:57am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
thank you, OrionsWay,
this one should be even more nice
P.S. got the short from the squaring at the pivot
should be a keeper for a while, by the grace of God
"Millionaires don't use astrology, billionaires do"
First I went short when it squared out the bottom, but it went neutral so I went out (-4 pips), thought it was the pivot it was aiming, and it did so, at good time proportions from the previous two tops, but I was really hungry and went in just for a scalp (14 pips cleared)
- #3,286
- Dec 6, 2012 8:08am Dec 6, 2012 8:08am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
and that is euro going out of the square in the news time... if only I was not afraid to trade the news... some day may be...
"Millionaires don't use astrology, billionaires do"
News is your friend, thats how they make things happen aka catalyst
- #3,288
- Edited 8:35am Dec 6, 2012 8:24am | Edited 8:35am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
Yess, I know it now, but I am still getting used to it. About a month ago I traded on candles and pivot points only, my biggest and fastest losses are on news times. On the angles the situation is much different, the possition is clear and accurate, but it is some time needed for fear to transmute itself into courage through knowledge, and knowledge is not still enough to make it fully disapear
Agreed, one needs to reprogram your thoughts, meditation helps incredibly, inner peace is the goal and only through being still can it be achieved. Self mastery is a life long process, there are things that can help accelerate this function though, seek and yea shall find my friend GL
I might add another piece for peace with trading, if a news event or any event can cause such trauma perhaps your overleveraged. This is the KEY that kills so many accounts. there is no overnight success's in this game, oh sure you may win a while playing the wildman BUT in the end they will kill you period, they are the market and know everything under the sun within their business i promise you that. Instead of trying to beat them learn to play along with their precept in harmony. just a thought GL
"Millionaires don't use astrology, billionaires do"
- #3,289
- Edited 9:11am Dec 6, 2012 9:01am | Edited 9:11am
Agreed, one needs to reprogram your thoughts, meditation helps incredibly, inner peace is the goal and only through being still can it be achieved. Self mastery is a life long process, there are things that can help accelerate this function though, seek and yea shall find my friend GL
I might add another piece for peace with trading, if a news event or any event can cause such trauma perhaps your overleveraged. This is the KEY that kills so many accounts. there is no overnight success's in this game, oh sure you may win a while playing the...
I have never gambled on leverage, except May and June this year - I read Bill Williams on Elliot waves and figured out the euro down, and just bet my whole account on falling euro, just woke up every day, moved the stop losses and sold as much more as I could, 100 dollars went on 3000 in one month, after that withdrawed 2500 and then got stopped out (June 20th). This is serious money here, average monthly salary is about 300 dollars. Except that wild wave surfing I have always been on daytrading and not more than 5 percent risk/20-30 pips on trade.
It is not exactly a trauma the news stuff, it is more about lack of understanding. I have always known that it is the supply and demand balance that governs the result move from the news, but didn't know how to figure out the support and ressistance for most of the serious news moves. Most of all I relied on candlesticks and s/r lines, and for fast news moves that is not enough, it lags too much changes in trend/range situation, and that is crucial in those situations.
- #3,290
- Dec 6, 2012 9:07am Dec 6, 2012 9:07am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
I am on the way now
I have never gambled on leverage, except May and June this year - I read Bill Williams on Elliot waves and figured out the euro down, and just bet my whole account on falling euro, just woke up every day, moved the stop losses and sold as much more as I could, 100 dollars went on 3000 in one month, after that withdrawed 2500 and then got stopped out (June 20th). This is serious money here, average monthly salary is about 300 dollars. Except that wild wave surfing I have always been on daytrading and not more than...
Excellent, always pay yourself
"Millionaires don't use astrology, billionaires do"
- #3,291
- Dec 6, 2012 9:10am Dec 6, 2012 9:10am
- Joined Apr 2004 | Status: #slack pricetimeforecast | 1,934 Posts
- #3,292
- Dec 6, 2012 9:11am Dec 6, 2012 9:11am
- Joined Apr 2004 | Status: #slack pricetimeforecast | 1,934 Posts
- #3,294
- Dec 6, 2012 9:29am Dec 6, 2012 9:29am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #3,295
- Dec 6, 2012 9:52am Dec 6, 2012 9:52am
- Joined Apr 2004 | Status: #slack pricetimeforecast | 1,934 Posts
- #3,296
- Dec 6, 2012 10:02am Dec 6, 2012 10:02am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #3,297
- Edited 10:45am Dec 6, 2012 10:16am | Edited 10:45am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #3,298
- Dec 6, 2012 11:39am Dec 6, 2012 11:39am
- Joined Aug 2011 | Status: Trader | 4,005 Posts
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
- #3,299
- Dec 6, 2012 11:42am Dec 6, 2012 11:42am
- Joined Aug 2011 | Status: Trader | 4,005 Posts
eur/usd H4
main diagonal in red
main diagonal in red
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
- #3,300
- Dec 7, 2012 5:09am Dec 7, 2012 5:09am
- Joined Apr 2004 | Status: #slack pricetimeforecast | 1,934 Posts