- Search Energy EXCH
- 41 Results (1 Threads, 40 Replies)
- Pokerfxtrade replied Aug 15, 2011
The read was to find a long I watched all morning and you could not have found a way in because the price action did not allow for a safe entry that could have controlled risk while still exploiting WHAT IS. This was a frustrating day to say the ...
Daytrading What IS
- Pokerfxtrade replied Aug 15, 2011
The answer is obviously number 1. So what should I have looked at to get into a trade this a.m. ?
Daytrading What IS
- Pokerfxtrade replied Aug 15, 2011
Tell me what you see? 1. Strong buying pressure with whip like pullbacks. 2. Average controlled buying with no pullbacks. 3. Weak buying with equal selling.
Daytrading What IS
- Pokerfxtrade replied Aug 15, 2011
For a couple of reasons. 1. Because it did not negate the previous selling pressure levels. 2. because based on the previous selling pressure it was sort of expected. I have studied wycoff and VSA and I think they are both decent and a great place ...
Daytrading What IS
- Pokerfxtrade replied Aug 14, 2011
This is an excellent question! I know for me personally trading is an ongoing process of learning, adapting and growth. I still to this day (15yrs later) make errors and struggle with psychological and emotional battles. My tendencies and patterns ...
Daytrading What IS
- Pokerfxtrade replied Aug 13, 2011
Poker and Trading: Some of you maybe wondering why I choose the name pokerfxtrade (I actually wanted pokerfxtrader but it was too big lol) The reason is that a year ago when I took a break from trading I decided to try my hand at online poker. I am ...
Daytrading What IS
- Pokerfxtrade replied Aug 13, 2011
These two examples are fairly easy and obvious but I purposely choose them to make my point. If I can get you to start looking at the market for what it really is a LIVE AUCTION that is global in buyers and sellers that can change at any moment then ...
Daytrading What IS
- Pokerfxtrade replied Aug 13, 2011
The correct answer is number 2. Average steady selling pressure. So moving forward we should look for a opportunity to exploit WHAT IS happening and in this context we should hold our trades for a bigger move OR until something changes that negates ...
Daytrading What IS
- Pokerfxtrade replied Aug 13, 2011
Example number 2 What do you see? 1. Strong frantic selling pressure. 2. Average steady selling pressure. 3. Weak selling pressure followed with equal demand.
Daytrading What IS
- Pokerfxtrade replied Aug 11, 2011
The above example is Simple and one of my favorite Auctions to exploit because its so obvious. I will do some more charts tomorrow of other auction conditions that I believe are just as obvious and exploitable. Most people will see whats termed a ...
Daytrading What IS
- Pokerfxtrade replied Aug 11, 2011
We continue to trust the read and we are able to exploit the Auction AS IT unfolds until we see something different. Once this last candle finishes printing we now see a CHANGE and we can now STOP assuming the market is in a 1. State. Now its time ...
Daytrading What IS
- Pokerfxtrade replied Aug 11, 2011
The Correct answer would be 1. Average selling pressure with formed pull backs. So now I will highlight the entries I would look to exploit ASSUMING that nothing changes. Up till this time Nothing has CHANGED so we can continue to trust the read.
Daytrading What IS
- Pokerfxtrade replied Aug 11, 2011
Lets do this by example: Tell me what do you see. 1. Average selling pressure with formed pull backs 2. Strong selling pressure one directional 3. Weak selling pressure with equal demand.
Daytrading What IS
- Pokerfxtrade replied Aug 10, 2011
I would agree when your trading the 5m chart the context of the recent 1hr and last session history is very important and we should assume that it will continue to do what recent history is showing us till it proves us wrong. There is an old floor ...
Daytrading What IS
-
Daytrading What IS
Started Aug 10, 2011|Commercial Content|103 repliesHello Folks, I've been lurking on these forums for over a year now and I've read some ...
- Pokerfxtrade replied Aug 9, 2011
I lost 100k when I first started trading what I know now is priceless.
How much are you ready to pay for Forex Stuff?
- Pokerfxtrade replied Aug 9, 2011
Ive recently come to Forex Trading. As a professional prop trader I was able to make a living with a $25k account of over $10k per month on average. It will be interesting to see if I can duplicate my results in FX
How much do people make trading FOREX
- Pokerfxtrade replied Aug 6, 2011
professional poker players make the best traders imo
What kind of person can trade?
- Pokerfxtrade replied Aug 6, 2011
As a professional poker player my edge = Loss less money with my bad hands and Win more money with my good hands then my opponents. As a professional trader my edge = Loss as little as possible with my bad trades and win as much as possible with my ...
Where is the EDGE in trading? The most important thing in trading!
- Pokerfxtrade replied Aug 6, 2011
I listen to Baroque music all the time and find it extremely helpful and calming when I trade.
What kind of music you hear while you trade?