appreciate your feedback ! I have dropped in on fti's thread a while ago, you can tell the guy has been a pro in the industry, a lot of the information that he's shared will take a while for someone like me to digest, I will go back and read more ...

Back to the Future – My Freewheeling Journal

I will check them out !

Back to the Future – My Freewheeling Journal

really enjoying these types of entries ! I'm sure you have faced with plenty of scenarios where you just wanted give up, the road further seemed almost impossible to get through, too many roadblocks - how much can I really take ? How were you able ...

Back to the Future – My Freewheeling Journal

Truthfully speaking Jupiter, I've only been in this game for 4 years not as long as you've been and so therefore my experience isn't going to measure up to your level of expertise. I am here to learn. Assuming if those questions were directed to me, ...

Back to the Future – My Freewheeling Journal

I appreciate the link !! I'm not particularly fond of "trading" related books ,except for John Murphy's "Inter market analysis" and Warren Buffets "Value investing: but then again those books never touched on the technical aspects of trading. Maybe ...

Back to the Future – My Freewheeling Journal

+ I keep running into dead ends. I face a problem , string of losses , I analyze what went wrong, what I did - I come up with a resolution, backtest the method everything looks good, system is initiated. I take few trades on a live, all is well. ...

Back to the Future – My Freewheeling Journal

How true it is , especially in trading. Even if you were a setup trader (you only focused on 1 or 2 patterns,) you will be faced with variations, meaning the next pattern you may come across will not be exactly same as the pattern you traded. After ...

Back to the Future – My Freewheeling Journal

seems like a waste of "time, effort and money" that is if you trade currencies. you're setting yourself up for a failure. in case of DAX that's a different story - as they tend to trend even on 1m, but ironically yes DAX appears to be intimidating ...

Back to the Future – My Freewheeling Journal

wouldn't it be better and healthier to trade higher TF ? retailers may not have the pockets and the patience to trade say weekly or monthly or even daily but how about 4h 6h 8h or 12h ? does it really benefit you as an individual and your account to ...

Back to the Future – My Freewheeling Journal

keep it flowing, I'll stick around.

Back to the Future – My Freewheeling Journal

even if someone spoon fed me, and showed exactly when to get in and when not to bother trading at all I still wouldn't be able to make good use of that information. because the way in which we perceive and process information differs from person to ...

Back to the Future – My Freewheeling Journal

but if you don't know how to read the signs or read between the lines you will be wiped out within seconds if not minutes. knowing when to wait out patiently and when to walk away is one step closer to becoming a consistent trader in my opinion. on ...

Back to the Future – My Freewheeling Journal

GBPUSD long @1.31982 1.3220 resistance ahead also where my TP is set. If it does break which it might, or might not. That I can't foresee for now, but all I know is that 1.3220 is where I should be taking profit for this setup. out -7.3pips

Realistic approach to consistency

who knew trading the trend was much harder than those self proclaimed gurus make us believe. they pull up a chart and easily point out areas we should have gotten in, but what they seem to neglect is in retrospect everything is clear and easy. In ...

Realistic approach to consistency

same here :-) we don't know anything. it's in these discussions that we find ourselves, answer to our questions or guided to the right direction.

Back to the Future – My Freewheeling Journal

are you proposing a trader without a plan/method/strategy, who feels his/her way around outperforms a trader with a plan ? in that case, much like in art or the creative field to succeed in trading one must possess that innate ability to feel the ...

Back to the Future – My Freewheeling Journal

It is difficult to hit a target daily, especially when you're dealing with heck loads of uncertainties. You never know how far price will go or how soon it will reverse. But having a target also helps if you do nothing but trade, I find that it ...

30 pips a day

+2.3pips for the day thus far. Setup occurred 45 minutes into Frankfurt, went down for 19pips before reversing. I closed it at 10pips. Prior to this short I opened one short and one long trade , I messed it up. I should be firm about my decision. No ...

30 pips a day