As simple as possible: 00 level trading

Quoting Masterrmind

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{quote} Great to see you carving out TPs with relative ease LuXing! Far too often other 'traders' ridicule you because they somehow think your performance is NOT possible.... who are they to judge! Don't worry about that Vasily guy because most of his posts are negative and this appears to be his only purpose. I commend like-minded traders like you LuXing who I know have spent the time and effort going over the charts for many many hours. Who said I don't trade this method anymore .......... I certainly do! I simply came to the point where my input...

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Quoting bubincka

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{quote} Sometimes they come back !! Masterrmind, I printed and studied many of your trades learning a lot. But even more than that you were the first to give me the belief that it can be done. Thank you one more time. Best regards, Bubincka

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Quoting sharingan9

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{quote} Great job buddy. You're frighteningly accurate. Do you trade pure price action and candlestick analysis when opening positions? Do you have a set of rules you follow or do you use your expertise and personally developed discretion for each each opportunity?

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Quoting Masterrmind

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{quote} Great to see you carving out TPs with relative ease LuXing! Far too often other 'traders' ridicule you because they somehow think your performance is NOT possible.... who are they to judge! Don't worry about that Vasily guy because most of his posts are negative and this appears to be his only purpose. I commend like-minded traders like you LuXing who I know have spent the time and effort going over the charts for many many hours. Who said I don't trade this method anymore .......... I certainly do! I simply came to the point where my input...

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Quoting bubincka

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Today trades, between FFO and LO. #1 EURCAD to SL : a beginner's error, a late entry after having missed correct entry @ .600 above the DP that would have been a straight TP. #2 AUDUSD to TP x 2 #3 CADJPY to TP #4 EURUSD to TP #5 GU +3.0 pips : closed manually, here comes another of my problems, namely lack of CONFIDENCE. #6 EJ +4.1 pips : same as above Bubincka {image} {image} {image} {image} {image} {image}

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Quoting LuXing

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{quote} Thanks. Accuracy comes with thousands of hours of study, screentime and practice. I trade based on a mix of elements, most of which taught for free by unselfish......... Hope this helps. Happy trading. LuXing {image}

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Quoting sharingan9

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{quote} All of that information helps immensely. Thank you very much. I will work to improve my accuracy. I wish you many green pips

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Quoting LuXing

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{quote} Good trades Bubincka. Shame about the ECAD, entry one bridge too far indeed. Now, about lack of confidence. It's all relative and first and foremost about capital protection... I have seen some trades posted on this forum, Masterrmind closed these prematurely because he did not "like what he saw". It happens, look at the 2 entries I marked with a red arrow (both would have gone to TP eventually). Cancelled half way through. Nobody's perfect, we can only strive for it... #1 GBPJPY #2 AUDJPY #3 CADJPY #4 AUDCHF #5 EURJPY #6 AUDNZD,...

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Quoting LuXing

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{quote} There's no significant news, so the next interesting thing -if any - will be what is going to happen between now and 10h30 EST (NY Open + 1.5 to 2.5 hours). I do not trade currency options and futures, but big money does. Options expire 9h30-10h30 EST and big money will want to cash in. To cash in, prices of currencies need to move (read: manipulated) to levels where these guys "placed their bets" LuXing {image} {image} {image}

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Quoting NewToForex14

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{quote} Luxing...where can we find info like this? should we use it as a filter also?

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Quoting bubincka

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Two more trades. Two more trades. Now RED NEWS are coming, therefore better to stay out. #3 CADJPY to TP #4 USDCHF to TP Bubincka {image} {image}

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Quoting LuXing

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{quote} Excellent Bubincka, I took exactly the same CADJPY ! EURCAD bites the dust. LuXing {image}

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