Want to know how to get rich?

Well i dont know about you, but...
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So thats a SR type trade. I was using the high of the 29th as a reference point to buy, tight SL, and WOOSH off we go!

The general problem with SR is that you are often acting AGAINST the market if thats all you look at.

Anyway, for SR type trades, 50% success is probably pretty good, so keep risk/reward like 1/2 or so. Meaning you need to really have a firm grip on how much you are prepared to loose. That 9 pip SL i had there was the WORST case scenario, if i loose my connection kind of thing. 4-6 pip should be enough for most circumstances with this pair, this technique, right now. How its gonna be a year from now in some pair i never traded, i have no idea.

Oh, history, while im on the subject:





See the similarity? If you go like "No, what?" you should not trade a live account.

Great post yaed

PS: I was just kidding

Yeah i know.

Mind you i WILL be watching the PA: If price goes through that projected buy area in say 15 minutes or less, that means there wasnt enough buyers there.
I made a killing +1.3% on buying at yesterdays high, 6 pip SL, 27 pip TP. It wasnt as technically brilliant as this winter when i sold E/C and bought E/U and made 200 pip in two hours. But it was a super accurate TP that i projected off of the 30th of april high. Right after it hit the TP it dropped for 18.

Most probably i will just close it in far less then the TP, but we shall see.

To get rich your first need to acquire the mental statement for growth. Just wanted to add this point

Closed it at so, +12. Sl was 7 pip so pretty nice risk/reward and all.

Most probably i will have to wait until say 11 o clock before i buy, but then i will be at work. Might be after lunch. PA will tell. I am tempted to place a buy limit.

All words are poetry. How do you know if you have this "statement" you speak of? Only the charts and the account will tell. I mean to say that it is of little use to ask and answer this of yourself, or to tell anyone else to do the same. I mean to say that i agree with you, but also that your words needs an explanation, context, clarification or even chart quantification to real come across to the reader as something understandable and/or as a pragmatic statement.

I mean not to say that this great quest of explanation, contextualisation, clarification or quantification of your words are an easy task. In fact perhaps once you start this quest for truth, or if you have already done so, you will see/have already seen that it leads far and wide, that it takes you down and up and everywhere through emotion and logic, through gut feeling and pattern recognition, through music and harmonics, through math and physics, through experience and pain. Where it ends noone knows.

I mean to say that perhaps your few words, or at least your intent with them is all and everything within this thread, in fact within countless threads here on FF, in fact within countless and countless conversations and plans being made throught the history of monetary, agricultural, natural symbolic language civilisation. I mean to say your words as stated are few, but their meaning reaches through all of the human soul and all its countless cultural expressions from the mesopotamic civilisation probably and maybe from other civilisations hidden intentionally or forgotten.

I mean to say that the meaning of your words can be shaped far differentely yet their meaning retained. Perhaps as such:
"Your skill to aquire will be evident in what you aquire."

Talking about it, trying to decide it "by feel" and so on is a non evidential approach. Meaning it can never be proven or disproven. Once you start thinking about, most of the popular beliefs of mankind is neither proven nor disproven.

It doesnt really matter what timeframe you think you are trading. There are roughly 1-4 good opurtunities to trade each day, small SL, big TP.

How do you spot it? Well if the breaks of highs arent working out so good, and if the breaks of low arent working out so good, DONT DO IT! The logic of exlusion.

You cant just buy as it breaks a high and sell as it breaks a low. That would be insanely easy to figure out for the eggheads. Gotta be just a tiny bit smarter then so.
There should be two red lines in that picture, but im not going to place them, you will have to do that yourself. But let me just give you a hint: When would it be nice to sell? And remember, you cant just dream of the best place, you need to be able to reproduce the logic of those lines , otherwise there is no use.

Trading and faith
I have faith. I dont belong to any of the big known religions like Islam, Christianity, Judaism, Buddhism or Hinduism. None of them agrees with me. I belong to the Rkkur pantheon, a largely forgotten branch of the norse gods (not Thor, Freya, Odin, Frey, Balder). Some say the Rkkur are the "dark" gods. They are not. They are the ones who "knows" darkness, AND light. But, i dont think i would be writing this if i didnt have faith. I believe in my own experiences and they have taken me to something far greater then just me. This is also important in another way: Because i believe in something greater then myself, i also believe in my trades. Although there is no real data to tell me that they will work out or not. I BELIEVE in my trades, because i believe in something greater, something i do that is my purpose. Im not entirely sure if i chose that purpose or if it chose me or not, but i know its there and i believe in it.

That purpose entails me telling you this, even if you dont get it, even if its totally wrong and im making money based on something i cant even explain. I believe im telling you this because its part of my purpose to do so.

And i dont give a shit if you agree or if you believe me or what ever. The evidence is in the charts.

closed it for a few