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  • #27,941
  • Feb 21, 2013 6:39pm Feb 21, 2013 6:39pm
Quoting realdream333
What is driving price higher at the moment?
are you for real???
  • #27,942
  • Feb 21, 2013 7:03pm Feb 21, 2013 7:03pm
Quoting realdream333
What is driving price higher at the moment?
Weak dollar across the board..........
The More You Learn, The More You Earn.....
  • #27,943
  • Feb 21, 2013 7:14pm Feb 21, 2013 7:14pm
I have no sell signal on my charts as of yet and the intraday trend to me is bullish.

Maybe something will change tonight but to me I think we maybe headed back 1.033 in the near future, after that I think we may be in consolidation until something bad happens again.

It will be hard to reach 1.0149 at this stage before the week is out as 1.0220 has made a double bottom and is strong support now

BUT if we lose that level then watch the stops tumble all the way down,

Nope 20day ema should cap us unless there is a spate of good news before the weekend is out.

My opinion only don't take it as bible, my chart reading in the near term is getting better I think
  • #27,944
  • Feb 21, 2013 7:46pm Feb 21, 2013 7:46pm
i did so damn well yesterday then i decided to make two stupid trades on no analysis with higher lots and lost all my earnings. Damn my ego and no discipline I should of just walked away for the day, did anyone have these sort of issues in the early trading months and does anyone have in tips to keeping disciplined??
  • #27,945
  • Feb 21, 2013 7:50pm Feb 21, 2013 7:50pm
Quoting well0143
i did so damn well yesterday then i decided to make two stupid trades on no analysis with higher lots and lost all my earnings. Damn my ego and no discipline I should of just walked away for the day, did anyone have these sort of issues in the early trading months and does anyone have in tips to keeping disciplined??
Hi,
I recommend you read trading books and books explaining how your head works....but mainly trading books.
This will keep you more focused and better equipped. Also will expand your mind at the same time.

TT
  • #27,946
  • Feb 21, 2013 7:59pm Feb 21, 2013 7:59pm
Quoting TrendTrader
Hi,
I recommend you read trading books and books explaining how your head works....but mainly trading books.
This will keep you more focused and better equipped. Also will expand your mind at the same time.

TT
Yeah its time to start diving into a good book the ones i have read talk about it a little but not really in-depth any books you could recommend??
  • #27,947
  • Feb 21, 2013 8:06pm Feb 21, 2013 8:06pm
Quoting well0143
i did so damn well yesterday then i decided to make two stupid trades on no analysis with higher lots and lost all my earnings. Damn my ego and no discipline I should of just walked away for the day, did anyone have these sort of issues in the early trading months and does anyone have in tips to keeping disciplined??
I smell Greed, now you must be feeling fear and doubt

noone can teach you how to be disciplined.

did you enter long or short yesterday?
  • #27,948
  • Feb 21, 2013 8:11pm Feb 21, 2013 8:11pm
Hi HelloOz,
Do you check Gu when i comment to you?

Attached Image (click to enlarge)
Click to Enlarge Name: gulong.png Size: 59 KB



TT
  • #27,949
  • Feb 21, 2013 8:12pm Feb 21, 2013 8:12pm
Quoting TrendTrader
Hi HelloOz,
Do you check Gu when i comment to you?


TT
i must have missed it..
GU = GBP / USD ?

i dont trade that pair
  • #27,950
  • Feb 21, 2013 8:13pm Feb 21, 2013 8:13pm
Quoting DaddyBear
Does koala bear http://assets.forexfactory.net/nfs/c...ar297304_1.gif have to think about what to eat for lunch? Three are plenty of eucalypt leaves in Australia. What are you looking for?
yes.. when i am not sleeping, i think about food

had Kebab for lunch.. do you know what Kebab is?
  • #27,951
  • Feb 21, 2013 8:14pm Feb 21, 2013 8:14pm
Quoting HelloOz
i must have missed it..
GU = GBP / USD ?

i dont trade that pair
I comment to you that i start to load up on AU and GU longs....
Btw...I add chart to show i dont blow smoke...

TT
  • #27,952
  • Feb 21, 2013 8:17pm Feb 21, 2013 8:17pm
Quoting TrendTrader
I comment to you that i start to load up on AU and GU longs....
Btw...I add chart to show i dont blow smoke...

TT
oh yeah i saw your chart you posted on the other thread that you shared.

nice one on E/U.. that was really the top..
seems to me you know how to pick the top and bottom very well.. and know how to keep a good trade..

unlike me.. out too quick...
and keep bad trades for too long..
i should learn how to do the opposite..
  • #27,953
  • Feb 21, 2013 8:17pm Feb 21, 2013 8:17pm
Quoting HelloOz
yes.. when i am not sleeping, i think about food

had Kebab for lunch.. do you know what Kebab is?
What is kebab?
daddybearforex. com
  • #27,954
  • Feb 21, 2013 8:20pm Feb 21, 2013 8:20pm
Quoting HelloOz
oh yeah i saw your chart you posted on the other thread that you shared.

nice one on E/U.. that was really the top..
seems to me you know how to pick the top and bottom very well.. and know how to keep a good trade..

unlike me.. out too quick...
and keep bad trades for too long..
i should learn how to do the opposite..
and E/A as well..
one question for you, when/how do you close your trade?
is it based on FIB or TL or ...?
  • #27,955
  • Feb 21, 2013 8:20pm Feb 21, 2013 8:20pm
Quoting DaddyBear
What is kebab?
http://t2.gstatic.com/images?q=tbn:A...89zmnb8fz6bC_Q
http://3.bp.blogspot.com/_hYA96D7O-c...527s%2B006.jpg
  • #27,956
  • Feb 21, 2013 8:22pm Feb 21, 2013 8:22pm
Quoting HelloOz
and E/A as well..
one question for you, when/how do you close your trade?
is it based on FIB or TL or ...?
I Ride Trends....if the Trend show signs of weakness...i jump out...
If i catch 70-80% of the move...i am happy...I have learned that trend trading
is good for the heart....you don't need many trades, just find a few good ones.

TT
  • #27,957
  • Feb 21, 2013 8:23pm Feb 21, 2013 8:23pm
Know thyself as a trader, I had this issue early on, almost quit trading because of the swings.

I can recommend that you find a hobby outside of trading and no matter what you finish the day on let that hobby take your mind away and come back to your desk as though nothing happened win lose or breakeven.

Trading in the zone by Mark douglas is a book I would recommend. Reading about trading psychology is far better than reading about how to use more indicators.

Remember that trading is a game and once you stop learning you admit defeat...[/quote]
  • #27,958
  • Feb 21, 2013 8:24pm Feb 21, 2013 8:24pm
Oz, I talk about this chart that i post on GU = GBPUSD
http://www.forexfactory.com/showthread.php?p=6465768#post6465768

TT
  • #27,959
  • Feb 21, 2013 8:25pm Feb 21, 2013 8:25pm
Quoting TrendTrader
I Ride Trends....if the Trend show signs of weakness...i jump out...
If i catch 70-80% of the move...i am happy...I have learned that trend trading
is good for the heart....you don't need many trades, just find a few good ones.

TT
True..
otherwise you will be like me.. stress all day and night,
i make good money tho but could double or triple my profits if i stay a little longer..
  • #27,960
  • Feb 21, 2013 8:26pm Feb 21, 2013 8:26pm
Quoting HelloOz
oh yeah i saw your chart you posted on the other thread that you shared.

nice one on E/U.. that was really the top..
seems to me you know how to pick the top and bottom very well.. and know how to keep a good trade..

unlike me.. out too quick...
and keep bad trades for too long..
i should learn how to do the opposite..
This may help.... You need more sleep... with the bull and the bear.....
Attached Image (click to enlarge)
Click to Enlarge Name: SLEEP.JPG Size: 93 KB
daddybearforex. com
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