[quote=soccerfan;9199320]{quote} Thanks for your charts, I, too, find them useful...much appreciated to you and others who take the time and effort to help out....Cheers. 
What to do when a trade goes against you is the 64 million pip question....stop/loss....strengthen position...counter trade...
Hi SF, the normal answer from the guys selling and gurus is money management and have one trade which becomes good then it fixes all the bad trades. ie maybe 5 losses then the 6th trade covers the losses . i think that is all rubbish.
In an ideal scenario it will work with the normal ebb and flow or wave patterns. But it isn't consistent .
You need to be with the direction of the big guys and Claudia has given a good explaination.
What to do when a trade goes against you is the 64 million pip question....stop/loss....strengthen position...counter trade...Hi SF, the normal answer from the guys selling and gurus is money management and have one trade which becomes good then it fixes all the bad trades. ie maybe 5 losses then the 6th trade covers the losses . i think that is all rubbish.
In an ideal scenario it will work with the normal ebb and flow or wave patterns. But it isn't consistent .
You need to be with the direction of the big guys and Claudia has given a good explaination.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
Have a great birthday week, thanks , too, for your answer,
