{quote} MyAussieFx, The only thing I can say is...your getting very good! Congrat's I really like how you trade & your on your waysj
GA Sell Asian Session (Struggled a bit)
Kindest regards
GA Sell Asian Session (Struggled a bit)
Kindest regards
- #49,583
- Jan 13, 2015 10:03am Jan 13, 2015 10:03am
- Joined Dec 2013 | Status: Trader | 1,680 Posts
{quote}If you don't mind my asking, what is your monthly pip target?
50pip a trade is good enough. But some trade after taking partial profit moves good.
Sad i'm not trying to understand PA
- #49,584
- Jan 13, 2015 10:04am Jan 13, 2015 10:04am
- Joined Dec 2013 | Status: Trader | 1,680 Posts
{quote} EU short too out for 50 green (so proud of myself as this one taken on H4 and forgot about it
Sad i'm not trying to understand PA
- #49,588
- Jan 13, 2015 10:30am Jan 13, 2015 10:30am
{quote} Streetcry, Nice meeting you & welcome to Tms! Your chart is perfect...you can just see the moves. Congrat's on your trade
- #49,589
- Jan 13, 2015 10:54am Jan 13, 2015 10:54am
- | Joined Mar 2014 | Status: Trader | 1,228 Posts
{quote} hahaha... now I know why EA s been soo messy with u went long and I went short
Little game of tug-o-war between the girls.
{quote} I currently only trade 1 pair E/A as was concentrating on learning the flow of that I will try more pairs to see what happens maybe choose 4 as 8 seems a bit much for me at the min thanks
Don't be put off. I advised you to focus solely on EA to learn the "breathing patterns" of a single currency pair. This advice was given by Phx62 and X-Man who both started as relative beginners in trading several years ago (from what I understand) and are now arguably two of the most proficient traders in the TMS threads. I realize this advice goes against what SJ is now telling you... I guess its about finding what works for you... I have found that focusing on one currency pair, one TF and one trading session has improved my trading tenfold. However, I know SJ successfully trades several pairs on longer TF's.
All I will say is whether you decide to change your approach or not at this stage, don't be too hasty... we all have "those" weeks. Look at mine here: (Post: 42,757)
Feel free to PM if you've got any Q's
All the best!
Ballistical
Focus on the process and the profits will follow
- #49,592
- Jan 13, 2015 11:48am Jan 13, 2015 11:48am
- | Joined Mar 2014 | Status: Trader | 1,228 Posts
All my trades today 203 points {image}
- #49,593
- Jan 13, 2015 11:58am Jan 13, 2015 11:58am
- | Joined Mar 2014 | Status: Trader | 1,228 Posts
{quote} Sk, Why don't you start teaching us about price action & how you look at the markets? I think a lot of people would be interested
I appreciate the invite SJ but, there are a couple of issues with that.
1) this is BigE's thread and I won't hijack it with non-TMS charts and teachings (I'm sure there are plenty of folks here who wouldn't appreciate that). And...
2) similar to BigE, I'm battling my own set of health issues and wouldn't be available enough to answer all the questions... today is a good example, I have doc appts scheduled all day today (to say nothing of the fact that I don't feel I know enough to be teaching anything - lol).
That being said, the best advice I could pass along would be:
* study "market structure" (google it, youtube it, learn it)
* study "support & resistance" (google it, youtube it, learn it)
* study "price action" & "candle patterns" (google it, youtube it, learn it)
* and consider becoming a student of the protradernetwork.com -- I've been a student of Rick's for well over a year, I've learned a ton of stuff from him, I just don't read HA candles as well as I read regular candles but, it is by far the best money I ever spent (note: I have NO financial interest in recommending his site, I get absolutely nothing out of it... I put it in the list because that is the path that I have taken).
Off to a day with doctors.
- #49,595
- Jan 13, 2015 12:48pm Jan 13, 2015 12:48pm
{quote} Greenb, That is excellent
Thx SJ, when someone like you say it's an excellent trade, it makes me feel happy
school is...school hahaha. How's your trade going?
Greenb
Daniel
- #49,597
- Jan 13, 2015 2:09pm Jan 13, 2015 2:09pm
- | Commercial User | Joined Feb 2008 | 1,909 Posts
{quote} Thx SJ, when someone like you say it's an excellent trade, it makes me feel happy
Follow your bliss, that's the secret!
After all these years of trading. Once you have
the system & you understand how it works, it all
comes down to psychology (the traders psychology).
Knowing what I now know...I would take more psychology classes!
I think it would help to understand the mental side of trading better...
sj
- #49,599
- Jan 13, 2015 2:15pm Jan 13, 2015 2:15pm
- | Commercial User | Joined Feb 2008 | 1,909 Posts
{quote} Grant, Don't be put off. I advised you to focus solely on EA to learn the "breathing patterns" of a single currency pair. This advice was given by Phx62 and X-Man who both started as relative beginners in trading several years ago (from what I understand) and are now arguably two of the most proficient traders in the TMS threads. I realize this advice goes against what SJ is now telling you... I guess its about finding what works for you... I have found that focusing on one currency pair, one TF and one trading session has improved my trading...
This is good advice... I have no problems
with your suggestion at all!
Thanks for all your help
sj
- #49,600
- Jan 13, 2015 2:20pm Jan 13, 2015 2:20pm
- | Commercial User | Joined Feb 2008 | 1,909 Posts
{quote} I appreciate the invite SJ but, there are a couple of issues with that. 1) this is BigE's thread and I won't hijack it with non-TMS charts and teachings (I'm sure there are plenty of folks here who wouldn't appreciate that). And... 2) similar to BigE, I'm battling my own set of health issues and wouldn't be available enough to answer all the questions... today is a good example, I have doc appts scheduled all day today (to say nothing of the fact that I don't feel I know enough to be teaching anything - lol). That being said, the best advice...
Thank you!
Remember that Tms is : price action & market sentiment.
If you change your mind your always welcome to share your knowledge
In the mean time take care of yourself & be healthy & have fun!
sj