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shellsnail commented May 28, 2015There are often tiny 1-2 points gap on the chart. When they are not filled, they tend to become strong supply/demand areas that price almost always returns to later on... It's perverse at times. Like price will deliberately travel down 20 pips just ...
IMF’s Lagarde: Grexit is possibility – BBG citing FAZ
- shellsnail commented May 28, 2015
drop to fill intraday gap on 1 min chart... ready to go up now. thanks to IMF this was much quicker than expected.
IMF’s Lagarde: Grexit is possibility – BBG citing FAZ
- shellsnail replied May 28, 2015
I was just talking about SMB the other day and... url Got to check this out. This is what trading is really about. An incredible trader talking about trading.
Testing High Leverage Compounding
- shellsnail replied May 28, 2015
The order flow these days during US sessions is not trading... it's slaughter. dollar bears getting slaughtered.
Testing High Leverage Compounding
- shellsnail commented May 28, 2015
lol i recall vividly reading an article boasting about how uk gdp first estimate beat germany... looks like not so much now.
Second Estimate of UK GDP, Q1 2015
- shellsnail commented May 27, 2015
reversal here to form weekly pinbar??? this is FX, have seen enough crazy shit, anything can happen.
USD/JPY fresh 8-yr high above 124.00, may test 125.60
- shellsnail replied May 26, 2015
Update on Live Testing This morning on GU, I got momentarily distracted by a combination of things -- demo trading, watching videos, surfing FF -- that "it" overpowered me for a moment and I took a trade that's nonsensical. Shortly after taking the ...
Testing High Leverage Compounding
- shellsnail replied May 26, 2015
Demo: NZD/USD Short Scale in image
Testing High Leverage Compounding
- shellsnail replied May 26, 2015
Well at least it isn't over yet. GU move seems halted. Looking for a good retrace here to get short.
Testing High Leverage Compounding
- shellsnail replied May 26, 2015
hahahaha what a frustrating start to the morning. CT trade in EU, by the time I switched to GU for shorts the move has already taken off. Weird morning this is. Probably cause UJ break-out affecting all USD pairs.
Testing High Leverage Compounding
- shellsnail replied May 25, 2015
I'm in both AUD/CAD and NZD/USD, but opposite directions. It's interesting to watch how they are correlated.
Testing High Leverage Compounding
- shellsnail replied May 25, 2015
Why did you stop posting on url Still going after the 1 million goal?
Another Day, Another Chair, Another Day in the Office
- shellsnail replied May 25, 2015
IMO, there's a right way and wrong way to make money, as traders. The sole judge of success cannot be profits. After all, there's a non-zero chance any one might get on a lucky streak and make lots of profits in the short term, but does that make ...
Testing High Leverage Compounding
- shellsnail replied May 25, 2015
Demo trading: Asian pairs in focus AUD/CAD Long NZD/USD Short USD/JPY Long As always, patience. Wait for a counter-trend move to develop, and then get in when it turns/climaxes (depending on your risk profile). 95% of the time trading is spent ...
Testing High Leverage Compounding
- shellsnail replied May 25, 2015
Sorry but point me to your TE link or myfxbook that's live? You don't have to prove anything ofcourse. But if you want to make a claim, I would rather like to see some proof. It's fine if you don't want to for.. cheers.
Attack vs Defense trading style
- shellsnail replied May 25, 2015
Thanks. I went and read her paper again, seems like she did mention that S/R levels work. So I must have mis-read. But the levels she used were taken from levels published by the big banks. And that was in the 1980s. I was hoping to see something ...
Testing High Leverage Compounding