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Price is everything

  • #29,381
  • Jan 3, 2015 4:54pm Jan 3, 2015 4:54pm
Hello Mr Rufus, enjoyed your journal at RTM.
Well I am still quite confused on how I want to trade. Sometimes what I do works well and sometimes not at all. Getting decent R out of my trades is still a problem for me, it often goes like I stay in a trade for more R and get stopped out, I don't like the PA and take profit early only to see price take off.
Seems like I am quite vulnerable for the games the market plays.

By hidden S/D areas, do you mean somthing like this (D turned S after engulf, just a quick example)? Or something else?
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  • #29,382
  • Jan 3, 2015 10:29pm Jan 3, 2015 10:29pm
Quoting schaefsky
Hello Mr Rufus, enjoyed your journal at RTM. Well I am still quite confused on how I want to trade. Sometimes what I do works well and sometimes not at all. Getting decent R out of my trades is still a problem for me, it often goes like I stay in a trade for more R and get stopped out, I don't like the PA and take profit early only to see price take off. Seems like I am quite vulnerable for the games the market plays. By hidden S/D areas, do you mean somthing like this (D turned S after engulf, just a quick example)? Or something else? {image}
Hi Schaefsky

I know how you feel. Probably every trader goes through this at various times even experienced ones. Red points out in this thread numerous times that each trader needs to find their own path. This path will also line up with their personality. Which is the trouble sometimes with forums. I believe a trader needs to glean what the need from PIE or any other thread to help with their personal understanding of the markets.

But I have always believed that the most important thing to study is how our mind interprets this information and why. It is in this interpretation that we put on orders and take profit. So if our interpretation is skewed then the results are skewed.

"We do not see things as they are; we see things as we are. Anais Nin

The institutions control these markets with an iron grip...That means they control the retail traders....That's why they make billions of dollars a year. Those banks know supply and demand trading better then we do. They also know how to kick us out of our trades psychologically. To break this pattern requires that we understand ourselves more so then we understand the market.

Ah well just a thought or two.

I should post this stuff in my journal here on FF so as to not clutter up PIE... Red was always saying Charts not chats.

For you RED..... RELEASE THE KRAKEN

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Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #29,383
  • Jan 4, 2015 7:49pm Jan 4, 2015 7:49pm
AUDUSD
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  • #29,384
  • Jan 4, 2015 8:12pm Jan 4, 2015 8:12pm
Another Trade on EURUSD
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  • #29,385
  • Jan 4, 2015 11:38pm Jan 4, 2015 11:38pm
AUDNZD
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  • #29,386
  • Jan 5, 2015 9:24am Jan 5, 2015 9:24am
Excellent post Rufus.

This is very true
The institutions control these markets with an iron grip...That means they control the retail traders....That's why they make billions of dollars a year. Those banks know supply and demand trading better then we do. They also know how to kick us out of our trades psychologically. To break this pattern requires that we understand ourselves more so then we understand the market.

We as traders must be in tune with ourselves, in tune with what the market is... which is natural because humans are natural beings, and in tune with our Creator. When we master the psychological aspects, then we are on the right path to master the the market, no matter what system we are using.


Quoting Rufus
{quote} Hi Schaefsky I know how you feel. Probably every trader goes through this at various times even experienced ones. Red points out in this thread numerous times that each trader needs to find their own path. This path will also line up with their personality. Which is the trouble sometimes with forums. I believe a trader needs to glean what the need from PIE or any other thread to help with their personal understanding of the markets. But I have always believed that the most important thing to study is how our mind interprets this information...
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #29,387
  • Edited 10:23am Jan 5, 2015 9:48am | Edited 10:23am
Some charts
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #29,388
  • Jan 6, 2015 2:27am Jan 6, 2015 2:27am
May have a break and retest here
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #29,389
  • Jan 6, 2015 2:39am Jan 6, 2015 2:39am
Took a short here
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #29,390
  • Jan 6, 2015 8:27am Jan 6, 2015 8:27am
Watch AU zone here
and others
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #29,391
  • Jan 6, 2015 10:42am Jan 6, 2015 10:42am
EU
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #29,392
  • Jan 7, 2015 6:20pm Jan 7, 2015 6:20pm
A couple of winners.
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #29,393
  • Jan 8, 2015 10:34am Jan 8, 2015 10:34am
nice trading there, eagle!

one winner on UC (we are getting closer to W demand and I was watching for a little scalp against the trend, so I took a break of a small flag. TG was next FL)

1:2 RR (almost)
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Live it or leave it!
  • #29,394
  • Jan 8, 2015 10:48am Jan 8, 2015 10:48am
Quoting Slurpee
nice trading there, eagle! one winner on UC (we are getting closer to W demand and I was watching for a little scalp against the trend, so I took a break of a small flag. TG was next FL) 1:2 RR (almost) {image} {image}
Dont'worry, took the better entry even for you (and euro was perfectly aligned for a long ...)
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Sometime the horizon disappear. Twitter: @_whiteout
  • #29,395
  • Jan 8, 2015 10:58am Jan 8, 2015 10:58am
Quoting whiteout
{quote} Dont'worry, took the better entry even for you (and euro was perfectly aligned for a long ...) {image}



I was wondering who made that pinbar up there
Live it or leave it!
  • #29,396
  • Jan 8, 2015 11:24am Jan 8, 2015 11:24am
trying to catch some more... RR 1:3
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Live it or leave it!
  • #29,397
  • Jan 8, 2015 1:18pm Jan 8, 2015 1:18pm
Quoting Slurpee
trying to catch some more... RR 1:3 {image} {image}

closed at smaller loss
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Live it or leave it!
  • #29,398
  • Jan 8, 2015 8:47pm Jan 8, 2015 8:47pm
Quoting Slurpee
nice trading there, eagle! one winner on UC (we are getting closer to W demand and I was watching for a little scalp against the trend, so I took a break of a small flag. TG was next FL) 1:2 RR (almost) {image} {image}
Thanks Slurpee, just posting some trades and trying to help, best as I can. I guess some have been on extended vacations. Hope to see some charts soon. Traders helping traders brother
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #29,399
  • Jan 8, 2015 9:15pm Jan 8, 2015 9:15pm
Quoting eaglestar
{quote} Thanks Slurpee, just posting some trades and trying to help, best as I can. I guess some have been on extended vacations. Hope to see some charts soon. Traders helping traders brother



I will have to post some as well. Just have not caught many "Post Worthy" trades during my hours of chart watching.
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #29,400
  • Jan 8, 2015 9:30pm Jan 8, 2015 9:30pm
Quoting Rufus
{quote} I will have to post some as well. Just have not caught many "Post Worthy" trades during my hours of chart watching.
Post Worthy I have to put that one in my glossary Nice to see you brother.
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
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