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baronfei replied Oct 8, 2010image This is my setup for today. I know there's pretty heavy news coming up tonight, but I'm giving it a try to see how it goes. My stops are 25 pips away from entries, and remember to set SL to BE at +20pips!
Trading is an Art
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baronfei replied Oct 7, 2010Hi Apocalypto, That's refreshing to hear! I'd like to keep screen time minimal so I could spend more time developing myself... But its always good to hear people who have also applied this approach in 1min TF. Anyway, pretty funny how you use "we" ...
Trading is an Art
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baronfei replied Oct 7, 2010Wow, I don't see quite many people doing that. If one could employ it naturally, it'd be a formidable approach. I, for one, don't have that trait in me.
Keep it up!Trading is an Art
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baronfei replied Oct 7, 2010Thank you. I hope it did give you a little bit of inspiration like other threads me. I actually do trade on lower timeframes, but i love this one most because it took the least time, and thus stress out of trading. 1.4 has been broken and retraced. ...
Trading is an Art
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baronfei replied Oct 7, 2010Oh my god! Thank you! I assumed you like stress-free and simple trading style too right? Welcome aboard!
Trading is an Art
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baronfei replied Oct 7, 2010Hi Mithras, Thanks for sharing. Imho, I'll always "try", counter trend or not... There's never trend in the "now", only up or down. If price were meant to go up, it wouldnt hit the sell stop, and vice versa. I'd always prefer doing them early, the ...
Trading is an Art
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baronfei replied Oct 7, 2010An example of my setup for today: image I would normally prefer to see tight range, flat or upwards or downwards. Now from the chart, I see an uptrend, then the near term I see "profit taking" or "pullbacks". If the trend continues, what should be ...
Trading is an Art
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baronfei replied Oct 6, 2010Great to hear that! That's so right. Its always refreshing to know more people is realising the truth (though I sound like some religious faction here...) Trading exposed the dark side of humanity. Face it and you shall prevail...
Trading is an Art
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baronfei replied Oct 6, 2010Hey, chill out, my friend. Have you realised "negativity" has been "ntegrated with your "realism" without you knowing it? Try re-read what you have posted in a while and you will discover it. I wished I was born a rich kid. Though I find being in an ...
Trading is an Art
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baronfei replied Oct 6, 2010I am happy with 40-80pips profit. I'd normally look for the the next 1 or 2 S/R that provides the kind of profit. S/R can be determined by Fibo, or price levels (20, 40, 60, 80), or previous visible S/R on the chart. Its an Art. No one could ever be ...
Trading is an Art
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baronfei replied Oct 6, 2010Actually it was the profit from August to September. My luck hasn't brought me +788 pips in a day, no. Not that I have the psychology to attempt the feat anytime soon I guess. And yes, money could be made with little difficult, if only you allow ...
Trading is an Art
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baronfei replied Oct 6, 2010That's right. Its the psychology once you grasp the basics of trading. Its all in the mind.
Trading is an Art
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baronfei replied Oct 6, 2010A Note for Visitors — I might not be able to reply regularly to both personal messages or posts on the thread. But if you have comments, feel free to post. If you are in anyway not happy with my concept, I don't mind at all you flaming the ...
Trading is an Art
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baronfei replied Oct 6, 2010More examples — These charts are from my trading blog at www.wanwaihui.com Its in chinese, so don't bother with it if you cant read it. I update it almost daily, and if you care enough just drop by I do have price levels painted on the charts ...
Trading is an Art
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baronfei replied Oct 6, 2010The "System" — So, if its an Art, how does one goes about trading it? There's no laws in the market. Laws as in a sense the Law of Gravity, the Law of Attraction, etc. If there were ever Laws in the market, it would have been so ...
Trading is an Art
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Trading is an Art
Started Oct 6, 2010|Trading Discussion|130 replies
Good day. No, this thread is not gonna ask you to install 3 indicators and when indi A crossed ...
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baronfei replied Sep 9, 2010Fei's EU Trading Call 100909 — image Call 1 Short 1.2678 SL 1.2705 TP 1.2615 Call 2 Long 1.2745 SL 1.2715 TP 1.2865
EURUSD
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baronfei replied Sep 8, 2010Fei's EU Trading Call (100908) — image Call 1 Short 1.2668 SL 1.2705 TP 1.2628 After GMT 1500, if support wasn't completely broken: Call 2 Long 1.2628 SL 1.2595 TP 1.2690 Good luck all.
EURUSD