Mastering the Art of Trading | Page 16 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Mastering Swing Trading using Market Framework 437 replies

Mastering the Art of Stop Loss 40 replies

Mastering short timeframe scalping 3 replies

Mastering Price Action - tunguska Journal 18 replies

Mastering the Art of Trading vs Impatience 0 replies

Attachments: Mastering the Art of Trading
Exit Attachments

Mastering the Art of Trading

  • #301
  • Sep 3, 2013 6:57am Sep 3, 2013 6:57am
Quoting KOS-fx
This method is testing my patience at its maximum...... But..................... I like this............... Thank you GHOUS, PIN BAR and all other senior members......
That's the idea

g.
I believe . . .
  • #302
  • Sep 3, 2013 7:01am Sep 3, 2013 7:01am
Quoting anthm
Thanks again for yesterdays comments Ghous and Pinbar.Ghous as requested I have tried to do the commentary on this EU Daily chart myself.Gentlemen if you have time your take would be greatly appreciated. I am figuring a long entry at 1.3205 ie above the BRNKind RegardsAnthm {image}
Fantastic to see you lend your analysis

I am glad you spotted the daily close being under the 1.32. The initial fake out was above the 1.32 which made me pull the trigger on the trade. But a bank holiday sucked out the momentum and price trickled through to close under the 1.32 for the day which lowers the appeal for thinking long on this pair for now.

g.
I believe . . .
  • #303
  • Sep 3, 2013 7:03am Sep 3, 2013 7:03am
Quoting dipie
{quote} I guess that GBP/CHF made a nice SF, despite the good PMI from UK....candle closed too far from HCR, so I set a sell-limit to HCR...We see what happens :-)
Again that's going for the initial fake out on the lower time frames.

g.
I believe . . .
  • #304
  • Sep 3, 2013 7:06am Sep 3, 2013 7:06am
Quoting ghous
{quote} Again that's going for the initial fake out on the lower time frames. g.
ok, Ghous understood, I stick with daily, thx
  • #305
  • Sep 3, 2013 7:18am Sep 3, 2013 7:18am
Quoting ghous
{quote} I have covered this in the video But simply the length of the fake out bar and just simply the fact that it was the initial fake out that made me feel that I needed more information. g.
Video?! O.o
PS: I saw your post mentioning the PMI - since when are you into the news/sentiment business ?
It's all psychology...
  • #306
  • Sep 3, 2013 7:22am Sep 3, 2013 7:22am
Quoting LamerTrader
{quote} Video?! O.o PS: I saw your post mentioning the PMI - since when are you into the news/sentiment business ?
Yeah dude, its on the way

PMI? That can't be me. lol.

check again.

g.
I believe . . .
  • #307
  • Sep 3, 2013 8:05am Sep 3, 2013 8:05am
Quoting ghous
{quote} Yeah dude, its on the way PMI? That can't be me. lol. check again. g.
Asshhh. Sorry, you are right
Are you making a video - wohoooooo!

"A day of a daytrader"
by Ghous

Director: Ghous
Actor: Ghous
...

And then we see you - waking up, going to the bathroom, eating, and then sitting and waiting... waiting, waiting... and waiting... and waiting...
and then at the end of the day you say -> Nothing interesting.
And you go to bed
It's all psychology...
  • #308
  • Sep 3, 2013 8:12am Sep 3, 2013 8:12am
Quoting LamerTrader
{quote} Asshhh. Sorry, you are right Are you making a video - wohoooooo! "A day of a daytrader" by Ghous Director: Ghous Actor: Ghous ... And then we see you - waking up, going to the bathroom, eating, and then sitting and waiting... waiting, waiting... and waiting... and waiting... and then at the end of the day you say -> Nothing interesting. And you go to bed


I am actually setting up a channel where I can post occasional videos and stuff.

g.
I believe . . .
  • #309
  • Sep 3, 2013 8:53am Sep 3, 2013 8:53am
Quoting ghous
{quote} I am actually setting up a channel where I can post occasional videos and stuff. g.
You gonna make a youtube channel?
Wow!
Looking forward to it
It's all psychology...
  • #310
  • Sep 3, 2013 9:22am Sep 3, 2013 9:22am
Quoting LamerTrader
{quote} You gonna make a youtube channel? Wow! Looking forward to it
I'd like to, but no. You tube is banned in my country. It will be on Vimeo.

g.
I believe . . .
  • #311
  • Sep 3, 2013 10:16am Sep 3, 2013 10:16am
Quoting ghous
{quote} I'd like to, but no. You tube is banned in my country. It will be on Vimeo. g.
I know a guy who could manage a youtube-channel for you. His name starts with Lamer and ends with Trader
I mean really - i could upload the videos and manage the channel.
It's all psychology...
  • #312
  • Sep 3, 2013 12:06pm Sep 3, 2013 12:06pm
Quoting LamerTrader
{quote} I know a guy who could manage a youtube-channel for you. His name starts with Lamer and ends with Trader I mean really - i could upload the videos and manage the channel.
I appreciate the concern and the willingness to help but really I don't think you need to undertake the pain of manging the page. Vimeo or Youtube, the idea is to simply host the videos somewhere. So it doesn't matter.

Thanks a lot anyways.

g.
I believe . . .
  • #313
  • Sep 3, 2013 12:41pm Sep 3, 2013 12:41pm
Here we go:

http://vimeo.com/73694161

I think I could have done a lot better but it is pretty tough first doing the video then having to watch through the lengthy rendering/production process and then the uploading process.

Anyways I am sure it will be of some help.

I cover the more general logic behind waiting for multiple confirmations on the lower time frames and then go into the specific setups that some of you guys posted here on the thread.

I would have so dearly liked to have the video embedded like the You tube videos but I guess that isn't possible with most other video sharing options such as Vimeo. So we'll have to live with what we have.

PS guys don't forget to hit the HD tab when viewing the video for improved quality.

g.
Attached Image (click to enlarge)
Click to Enlarge Name: pic.png Size: 183 KB
I believe . . .
  • #314
  • Sep 3, 2013 1:04pm Sep 3, 2013 1:04pm
Quoting ghous
Here we go: http://vimeo.com/73694161 I think I could have done a lot better but it is pretty tough first doing the video then having to watch through the lengthy rendering/production process and then the uploading process. Anyways I am sure it will be of some help. I cover the more general logic behind waiting for multiple confirmations on the lower time frames and then go into the specific setups that some of you guys posted here on the thread. I would have so dearly liked to have the video embedded like the You tube videos but I guess...
Great Video Ghous !! Congrats !!

Im gonna do a backtest looking for that confimation on 4hrs SPF.
Trade Smart
  • #315
  • Sep 3, 2013 1:07pm Sep 3, 2013 1:07pm
hows this?
Attached Image (click to enlarge)
Click to Enlarge Name: audjpy.png Size: 37 KB
  • #316
  • Sep 3, 2013 1:35pm Sep 3, 2013 1:35pm
Quoting Brixton
hows this? {image}
This is what I think:

Attached Image (click to enlarge)
Click to Enlarge Name: audjpy.png Size: 28 KB


g.
I believe . . .
  • #317
  • Sep 3, 2013 1:38pm Sep 3, 2013 1:38pm
The first page is now edited with all the important posts numbered and linked. Will try to keep the list updated.

g.
I believe . . .
  • #318
  • Sep 3, 2013 2:44pm Sep 3, 2013 2:44pm
I can not open that video.........................
80% effort, 20% luck
  • #319
  • Sep 3, 2013 3:22pm Sep 3, 2013 3:22pm
Quoting ghous
Here we go: http://vimeo.com/73694161...
Awesome video! Thank you for your input. I am looking forward to more videos from you!
Price is what you pay. Value is what you get.
  • #320
  • Sep 3, 2013 4:53pm Sep 3, 2013 4:53pm
Awesome job, nice read and great knowledge from the thread ! Kudos to everyone who is helping out here !

Ghous, I have a question regarding EURUSD :

I'm trading using RSI and Fibonacci Levels, and based on those EURUSD still has room to drop until 1.29300 at least. I entered this trade short at 1.33100, in your opinion when is a good exit point ?


Regards,
VladG
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd.jpg Size: 146 KB
0 traders viewing now