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Piquant replied Nov 30, 2017Let's examine what went wrong. Right at the open I saw an opportunity to short DAX and I did, successfully. Then 10minutes into the session I get a strong rejection pin bar the previous low, thankfully I had gotten out of the trade. And I decided to ...
Journey to consistency
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Piquant replied Nov 30, 2017excellent suggestion!! the gambler in me came through as shameful as it maybe to admit. I'm thinking I'll just limit it down to 2 trades per session that would total up to 4 trades a day. and If I'm not feeling it I walk away, but when the gamblers ...
Journey to consistency
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Piquant replied Nov 30, 2017image stats remains the same. let's see if I can keep the damage capped under 150$.
Journey to consistency
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Piquant replied Nov 30, 2017enough loss for the day. I got the direction wrong. NEVER trade against the flow. ALWAYS establish "the direction" but be prepared for change. wait at least 10minutes into London for the direction. if you're not sure stay away. and I wasn't really ...
Journey to consistency
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Piquant replied Nov 30, 2017Feel the tempo. Feel the tempo. If you feel out of sync bail out with minimal damage. There's always tomorrow.
Journey to consistency
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Piquant replied Nov 30, 2017I always chicken out +15. Not bad not bad. Feeling my way through the river.
Journey to consistency
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Piquant replied Nov 29, 2017Like the flow of the River Without knowing it I have been walking, along a long and narrow path. Looking over my shoulder toward my home village far away, and the road, rough and winding, I find myself to have been leading a life, without even a map ...
Journey to consistency
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Piquant replied Nov 29, 2017the explanation. 1 = the first indication of key reversal. A = the first impulse after the reversal, you may or may not have caught this bus. Most dancing , would have at least got a foothold there. 2 = the first pause , stall if you like, of the ...
Journey to consistency
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Piquant replied Nov 29, 2017As i do believe non of us have the crystal ball nor the time travel machine, it is impossible to predict the outcome of any positions. Best we can do is to manage it. To rescue if when in trouble, to attack when victory is easy and to throe in the ...
Journey to consistency
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Piquant replied Nov 29, 2017video Born Free (lyrics) Born free, as free as the winds blow. As free as the grass grows, Born free to follow your heart. Live free, and beauty surrounds you. The world still astounds you, Each time you look at the stars Stay free, where no walls ...
Journey to consistency
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Piquant replied Nov 29, 2017And money is a personal issue, try to keep PL within scope of mindset and foreign capital. Don't ever let the market scar your mindset, you are not trading banks funds. There's no need to rush ROI.
Journey to consistency
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Piquant replied Nov 29, 2017Rest assured that in a burnt out state, if you force it, it will get ugly, and I have seen it happen to many of my peers. I seriously ask for you to reflect on what I have said. To be a successful trader, the mindset hold is paramount, inability to ...
Journey to consistency
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Piquant replied Nov 29, 2017If you think it is hard to dance with a dormant partner. How do you think you would fare dancing with a partner thats all over the place. There are a million variations and possibilities althought the decision is binomial in nature. Seek for the ...
Journey to consistency
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Piquant replied Nov 29, 2017Remember, knowing how to use short sword although can bring home bread and butter. Its the ability to combine both the short and long that brings home the bacon.
Journey to consistency
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Piquant replied Nov 29, 2017"There is timing in everything. Timing in strategy cannot be mastered without a great deal of practice There is timing in the whole life of the warrior, in his thriving and declining, in his harmony and discord. Similarly, there is timing in the Way ...
Journey to consistency
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Piquant replied Nov 29, 2017Abilitity to understand whats happening i markets is essential. Its like if you are dancing 2 steps, you are aware that the band may change the music , sometime, You don't know when or how fast that will come. Although you are aware, your focus must ...
Journey to consistency
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Piquant replied Nov 29, 2017One very important trait of a good trader is that they do not take most things lying down, unless they have no opinion of the issues. This is because good traders are very proactive in their actions, seldom sitting on sidelines. This characteristics ...
Journey to consistency
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Piquant replied Nov 29, 2017Mostly traders on daily charts probably won't feel much. Except that it sure is a pain,,, to see a day key reversal fail, not being aware of the invisible hands that came manipulating.
Journey to consistency
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Piquant replied Nov 29, 2017This is market crosses tearing, when they align then the trend in the Eur/Usd will clear up for impulse push. I think I'm starting to understand what he meant by 3 kingdom of romance
Journey to consistency