nice EJ winner just now
r u ready?
James16+Rayanmcd(Jan kone) and ME 7 replies
DislikedYeah, this is what its all about. Most people only look for win-loss ratios like it was the only aspect of trading.Its wierd, everybody here risks 2% per trade, some even risk less like 1% or 0,5%.But when the losers come they panic.That just makes no sense, if I would know that I win 8 out of 10 trades then why the hell limit my profits like that, you could risk 10% or more. If you have trouble trading then the best advice I can give is ,turn of your computer ,take a day off and use that day to think about what you really need to make profits.Do...Ignored
DislikedNo you did not, and this is really just mash. I don't see why anyone would take such a trade.Its not like theres a shortage of proper setups, although the last couple of weeks where indeed a little slow. Still this is nothing. Wait for real setups , don't force trades with stuff like this.Ignored
DislikedThis looks much better. I personaly like to trade bigger swings so I would't have taken that one but thats just me.Just as a note for you you still draw divergence wrong.You don't use the wicks of candles, the RSI(like most indicators) uses closing prices to calculate its graph so you have to stick to the real bodies of candles in your charts as well when drawing div.Ignored
Disliked{quote} Everybody trades little bit differentlyI am trying the combination of Jankone´s and Ryanmcd´s method with S/R, pivot and fibo lvls. Btw I am sorry that I using you so much, but new eyes are always beneficial. Can you please just check my next trade? I think that I drew the divergence right now, it was trend-direction pinbar on mid-BB + EMA21, but the market went against me. {image}
Ignored
DislikedWell this isn't really a good pinbar on my chart.The body is much too big.But appart from that this trade just found resistance at a major M30 swing high, look at my second chart. This is why I think FTA's and getting your stop to BE is so important. It went in your direction for a while , found resistance and turned around wich is not surprising with such a weak pin. EDIT: as you can see we had a seceond touch to that same resistance shortly after and price got rejected again. That just proves the strenght of this level.Ignored