Euro/Dollar Order Only

DailyChart Euro/Dollar Order

Appropriate the title

I will show my order position with the currency pair of euro/dollar complete with position and stop losses but I will not show my money management methods

The Rules of this Thread

1. 100% Technical - Without any Indicators
2. Swing Trading - Position will be hold for days or over
3. No Fundamental Noises
4. No Teach
5. No Question ask​

I am not going to teach you how I trade but through my order Position - I hope you can learn how I play this game



Sincerely



DC

EuroDollar Daily Pattern

almost..

You must let your profits run and cut your losses quickly if you are to have any chance of being successful.
Everyone will be wrong a lot when they trade- and that is to be expected. But staying wrong (holding losing trades against the trend) is not acceptable and a clear sign of losing market behavior.

Trading discipline is not a sufficient condition to make money in the markets, but it is a necessary condition. If you do not practice highly disciplined trading, you will not make money over the long term.

In my long market experience, at least 90% of investors lack the necessary discipline to be successful. Emotion will replace discipline for most investors at the most critical of times. This is the real reason most people cannot beat the market - the market simply beats them psychologically

Fear of being a loser affects what people do in strange ways. I have seen people who bought a stock at $20 and then sell their shares at $30 because they were afraid of losing what they had gained - And then they watched the stock go up to $100, split, and go up to $100 again.

Ironically, that same person who bought a stock at $20 will watch it go down to $3 and still hang on, hoping the price will come back up. This is an example of a person being so afraid of losing, or admitting they lost, that they wind up losing big.

You need to realize is that life isn’t meant to be a straight line that goes from point A to point B. Life is meant to be a series of zigs and zags. It should look like a mess, but a beautiful mess. It shows that you have changed through out the course of your life.
You’ve had your ups and downs - You went down one path but decided to change course - perhaps on many occasions.

That’s how Trading should be

Your mind control are the most powerful in the world.

Always ask yourself, what kind of life you want? If you want better life, you have to be discipline. When you have discipline and you can eliminate all the emotional, then just keep it simple on your chart - Actually trading was not complicated and market behavior are always the same.

My chart is simple as SUP/RES, that's all - When you have the discipline,you do not need any FIBO or RSI or CCI or Bolli or even channel line that making your chart complicated

Update

Can you please continue with this thread ?