I think you are wrong that indicators are where to show you statistics which the naked eye cant see. I think the naked eye,or that you unconciously get to see it. For instance RSI tells you overbought areas. I trained eye, while watching an eye can ...

2 losses,30 winners, out of 32 trades

Yes, ive only used this strategy for three days. How could i ever claim that this strategy produces consistent results? No you cant. As someone pointed out, and i completely agree with him, Ivnt yet been exposed to all the market conditions yet, you ...

2 losses,30 winners, out of 32 trades

Exacty. I know lots of people that can achieve many winners in a row by: huge stop loss. low Take profit. statistically, this would result in many winners with small profit. and few VERY big losses.end result would hower be 0, or minus, with pip ...

2 losses,30 winners, out of 32 trades

Well, ive been reading about 10 books on forex, and really, my stragey dont use any of the advice given any books, or any advice on this forum. I dont use any ema or sms. Barely remember what it is anymore. I think that price action is most ...

2 losses,30 winners, out of 32 trades

We will see about that. I will update this thread with new trades. and we will see. I dont promise anything, but time will tell I dont know if it is fear. This is my thinking: High leverage= more risk Offset high risk by= only be in the market for a ...

2 losses,30 winners, out of 32 trades

True. I will set an emergency stop loss in the future. If i do this. Can i circvumvent sudden price movements due to bank intervention or other geopolitical events resulting in big price movements? Ive mbt as my broker, and i suspect that my stop ...

2 losses,30 winners, out of 32 trades

Because, if you hold on to a trade for a longer time, proability that it will go against you, with a bigger loss as a result increases. So you minimizes risk, by only being in the market for a short period of time. The drawback is that your profits ...

2 losses,30 winners, out of 32 trades

Sorry but i dont know what 1:1 RRR is. Do you mean where: TP=SL?i I know you want to help me. BUt however, i may be ignorant,and i may have to pay for my ignorance in the future, but i wontlearn otherwise, i think im too stubborn. But i think : ...

2 losses,30 winners, out of 32 trades

I completely agree that 3 days is too little, especially since the market changes from day to day, and ive not yet proven if i can conquer these changes and adapt my trading style to them. Well, yes, i got a bit happy, wanted to prove something. I ...

2 losses,30 winners, out of 32 trades

Those are mini lots, and yes, the earlier trades in my account can be attributed to the strong down trade, but the other half of trades, are don using a compeletely different stragy, where i even started to buy sometimes, and selling in the short ...

2 losses,30 winners, out of 32 trades

well i think it is so fucking hard having an ede on longer time horizons. That is my conclusion after 6 years of trading. You can either be profitable during longer time horizons only with: trend following strageies. Or buy when the price has broke ...

2 losses,30 winners, out of 32 trades

About false belief: when i started trading: i thought: the price has increased so much, it has to go down now(me adding to this losing trade), but it kept increasing, and i had a very big losing trade. now: ok, the price has increased, but i now ...

2 losses,30 winners, out of 32 trades

Thanks. YOu can easily profit from this market, because the market is trending, FOr instance. Only use trend following strategies, but ONLY WHEN THE MARKET IS TRENDING.Dont do it, if it is consolidating. If it is consolidating, pick bottoms,tops, or ...

2 losses,30 winners, out of 32 trades

it will go up. news were bad. OS, buyers will enter and sellers exit.

EURUSD

I have no stop losses, but i exit my positins due to losses when ive no cluse where the price is going, or i think it will go against me more. I update my analysis on a continual basis.

Only market psychology Journal

7%% increase again for day 2 url

Only market psychology Journal