Anyone know any good practical psychological exercises to help prevent exiting a trade too early?

RSS (Ridiculously Simple System)

Took a quick scalp kinda against some of my rules but using dots and price action only. Shouldn't really have traded around news (message to self be more careful). image

RSS (Ridiculously Simple System)

We about to get funky! url

RSS (Ridiculously Simple System)

Will try this. Thanks.

RSS (Ridiculously Simple System)

Is exactly how I use it is a visual guide at any given moment. Used on its own its dangerous used with price action, MACD, TDI and/or support resistance is golden.

RSS (Ridiculously Simple System)

Todays trade:- Don't always trade this pair as it doesn't move much at the moment. Good entry and decent exit made it a good trade in my book. image

RSS (Ridiculously Simple System)

No offence taken. Its not my indicator, just one I use. Is it better to use an indicator that repaints and is accurate or an indicator that was accurate two hours ago? Its not for everyone!

RSS (Ridiculously Simple System)

Is absolutely correct, it does repaint and never use it without other filters or considerations. I don't have GBPAUD on my platform but if you look at MACD and or TDI at the close of each candle you would see no reason to exit. If you had the sun ...

RSS (Ridiculously Simple System)

Couple of more recent examples. image image Of course price doesn't always go up in a straight line (the dots indicator (4 x semaphore indicator) is based on zig zag indicator). You can see though that there is ample opportunity just trading the ...

RSS (Ridiculously Simple System)

Another example from today. Didn't trade this one but you can see that the same thing happens over and over again. image and again! image

RSS (Ridiculously Simple System)

So price did continue down only 10 pips in this case. image This pattern though is repeated on all time frames and all pairs. Don't take my word for it though do your own back testing!

RSS (Ridiculously Simple System)

Ok haven't had a chance to post for a while:- Just closed a nice trade for 38 pips image Entered after Red sun and TDI crosses confirming I had made the right decision. Closed when price stalled for 38 pips. I fully expect price to continue down ...

RSS (Ridiculously Simple System)

Try this template without the adr indicator let me know if this works ok. file

RSS (Ridiculously Simple System)

Hi I sometimes have a problem with the xADR indicator crashing my MT4. Try loading everything but that indicator. Not sure why that should be just does sometimes. Perhaps someone out there knows?

RSS (Ridiculously Simple System)

You could trade between suns. Or the peaks of MACD once sun has formed and price has broken the 0. image Higher the peak the better. Truth is no one knows where price is going next indicators and experience can just increase our odds of making ...

RSS (Ridiculously Simple System)

Cheers treguard. I view it like a league table with the dots. image Warning! Do not use the dots on their own, I use TDI cross, MACD and/or price action for confirmation.

RSS (Ridiculously Simple System)

Theres a thousand (probably more) systems here on Forex Factory and some of them are awesome. So this is an attempt to give something back and hope that some people find it of benefit.

RSS (Ridiculously Simple System)

I trade London session 8am for me to USA close. I trade 1HR, and sometimes 4HR. My favourites pairs EUR/USD, AUD/USD, GBP/USD and EUR/JPY. I choose which pair to trade on which have the lowest spreads and the highest ADR (Average Daily Range) unless ...

RSS (Ridiculously Simple System)

Sure why not I normally trade 1HR and occasionally 4HR. Seems would work just as well on Days charts, just need to adjust stop losses, take profits and calculate your risk accordingly. Below you had the potential for some 800 pips just on two ...

RSS (Ridiculously Simple System)

I was exactly the same soccerfan. If you search you will see my posts in various systems here and elsewhere but kept on coming back to the Trading Made Simple method. Eventually realised that I needed to make the TMS method my own and concentrated ...

RSS (Ridiculously Simple System)