I use Japanese candle sticks.. Direction - use your eyes.. and candle color Strength.. Its usually pretty strong if it keeps grinding slowly in one direction.keeps putting in new highs and breaking old S/R levels a long the way.

powerful tool that analyzes direction and strength

I win most the time.. but I just scalp image

What makes You lose in the market?

Risk/Reward is personal. Find whats right for you! Only you can find your correct goals. (If you had said 5% a day.. I'd think maybe your being a little greedy.)

5% Growth a month?

we all make 10% an hours... 3% a day is really low.

3% a day?

PRICE STALLED OUT! DANGER! Price has stalled for many hours now. We know a big move can come after such at stall! But which wall will it fly out of this consolidation up or down? At this point entering is dangerous... Stops buliding both sides.. ...

What works, and what doesn't

Market gives what it wants to give. Having a set % goal may force you into trades just to make that goal. 1. YOu are greedy wanting 3% a day! 2. You have to let market speak to you and tell you what she wants to give on any day.

1% to 3% Per Day? All things are Possible

going good! image

What works, and what doesn't

QUESTIONS TO ASK YOURSELF Before entering.. 1. Is there enough volatility to justify the trade... (is market too flat and dead) 2. Is London or USA gonna open soon and mess up the trade. 3. Is there some big news event in coming soon that could mess ...

What works, and what doesn't

Emotions and Trading... we are human... All trades carry emotions. Thats how human brain works . The real trick is know which emotions to act on. 1. Fear of loss - Good to pay attention too. Keeps you safe from huge losers. 2. Fear of missing out ...

What works, and what doesn't

If Elliot Wave really worked that great, wouldn't everybody using it be a billionaire? Just curious....

The Power Of Elliot Wave!

FX Lessons 1. you can never force a trade... or be desperate to make money. Trades come when they choose to.. not when I want them to. 2. Trading pre-news is gambling 3. Trading after a crazy move is gambling. give the market time to settle. 4. If ...

What works, and what doesn't

HAVE A PLAN! When you open your charts for the day... You need to make a plan for the day. The plan could be to Wait, or to trade a level. The idea is not that you must trade right now. Sometimes you have a good plan... but price never reaches your ...

What works, and what doesn't

on MT4 -File- Open Data Folder

Windows 10 and MT4 compatibility

Playing Defence If price isn't acting good.. Its a slow day... Mid-range stall, Huge news comming up, ect... Its okay to have 0 trades in a day. Its okay to wait a few days or longer... If price isn't acting how you want it to, or think it should... ...

What works, and what doesn't

If you look for reactions at weird numbers 52, 61, 27, 13 You will start seeing them... You can even draw random line on a chart.. Close your eyes, draw a flat line.. and price will seem to respect it, at some point in the future. Try it.. You'll be ...

Trading The Numbers?