Don't worry about losses too much...they happen. What ever way you trade keep R:R in your favor and your account will grow. Most traders lose because they reverse the R:R and hold losses and take very small profits. An account with 5 losses and 2 ...

Using stops as targets or turning points

Hey, I like how you have a detailed blog....it helps to keep you focused and think through trades. The one thing I would suggest is to pick one currency pair to trade and get a solid chart set-up. I trade EUR USD mostly, but you can pick anything ...

The weekly plan

I do this on a regular basis....it provides great R:R. Just have to know when a pivot candle is forming and have reason to know. I use fibs, and it is nearly to the pip (+-3) accurate.

Using stops as targets or turning points

It really is simple, and people complicate it....

EURUSD

----The point he is making, at least how I am taking it....is that it doesn't matter at all what "moves" the market if you can not gain an edge over the actual chart. I agree that fundies drive the market, but do fully believe that even if you never ...

EURUSD

----Now this I like. I am told how I am wrong to buy when *insert jargon here*, yet I hardly see any tradable ideas come from many peoples input....just telling me why my trade MAY be wrong. I always laugh and think to my self "yes it could be ...

EURUSD

This week — I expect price to continue down this week. Several long cycles point to last weeks candle being a high (pivot candle). ----Over all the trend will be up for the next several months, But I am going to short this pull back and gather ...

EURUSD

Nothing but my fib tool set with symmetrical levels. Makes trading very accurate and very easy. --- Trade with great R:R and sound price action understanding and there is no need for lagging indicators....get naked

Stripping the charts...

Not trading that large of a range!!! How boring would that be!!!??? I am absolutely expecting a retracement but need a pivot candle to the short side to have projections as to how far it will be going down. 1.25 would be nice if it got ...

EURUSD

Not that any of the fancy scalpers will care much about this....but none the less here is the projected long term (12 months or so) confirmed bullish move. Yellow: confirming the next target will be hit Red: will not cross before making target ...

EURUSD

Agreed....Let me get out my long term chart......

EURUSD

Good morning! Not much action since I went to sleep. Let's hope NY moves a bit.

EURUSD

That is the best thing for now. I am still long (see charts: 420872)and will be watching the upcoming TP...good luck and good night!

EURUSD

----Here is some reading on them. I do not use it but you may find it useful. url

seeking a LRC channel And Fibo Tutorial

EU Long — Long. EU H1 Long:Chart 1 Yellow: Buy Zone Red: Stop Green: TP/Trade To Daily TP If Broken Daily:Chart 2 Yellow: Agrees with H1

EURUSD

I trade fibs using exact price line ups, but what you are referencing is a very common way to use the fib tool. -----For the fib trading you are asking about: *Traders use the fib levels as "zones" *Take obvious extreme price point to draw from ...

seeking a LRC channel And Fibo Tutorial

Unfortunately I do not know what formula you want? Just how to draw fibs like that picture?

seeking a LRC channel And Fibo Tutorial

UJ — Here is a UJ long that has good R:R...got in a bit late but will add on retrace. Yellow: Buy Zone Red: Stop Green: TP 1/2

EURUSD

Great video....I think now I can count Elliot Waves better hehehehe ----Very much enjoyed.

EURUSD

Stopped. Will wait for a deeper retrace for another long.

EURUSD