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clockwork71 replied Jul 17, 2009No, it's not. And I will tell you why: No matter how consistent you are, the market isn't. Some months offer better set ups than others. The best thing you can do is figure out your "average", and base it off of that. My goal per month is simply to ...
Silent Service Method
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clockwork71 replied Jul 16, 2009Funny you should mention this, I am working on something relating to compounding tonight....and I should say, it's not only powerful - it's your most powerful weapon. CW
Silent Service Method
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clockwork71 replied Jul 16, 2009Don't sweat it. There are pointless weeks from time to time. Save your cash if it isn't worth getting involved in. This is a major difference between winners and losers. Remember, it's not the amount of trades that will reward you, it's the quality. ...
Silent Service Method
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clockwork71 replied Jul 16, 2009Here is what I would do if you like a broker that isn't GMT......use IBFX for charting, place orders through FXDD, Alpari, or whoever. IBFX's demo feed is the same as it's live one after all.....
Silent Service Method
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clockwork71 replied Jul 16, 2009I know a lot of people like to use GMT brokers. I happen to know IBFX is. I am sure there are plenty of others. As far as zones are concerned, Take a look at any of your lines. You will see that sometimes bars may break 50 pips above your line. ...
Silent Service Method
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clockwork71 replied Jul 15, 2009Much, much, much cleaner and obvious! This is exactly what you want to see. Nice chart, nice trade. CW
Silent Service Method
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clockwork71 replied Jul 15, 2009Honestly, that chart is too messy for me to bother with. (Not your chart itself - all the minor areas that are so close to each other.) In general, I tend to prefer horizontal S/R over trend lines. That's a great example of a pair that doesn't know ...
Silent Service Method
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clockwork71 replied Jul 15, 2009Of course, on has to worry about the loser that will wipe out 5 of these trades.......just something to think about.
james16 Chart Thread
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clockwork71 replied Jul 15, 2009I don't use other markets specifically, but it is in the back of my head I suppose. As far as how far back I look, it's normally on the weekly chart. I look at the length of the trend I am playing to decide if it's a trade I can let run, or want to ...
Silent Service Method
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clockwork71 replied Jul 15, 2009Thank you for getting it!
Timing means a lot in my opinion. However, I can't really tell you that time itself means anything.Silent Service Method
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clockwork71 replied Jul 15, 2009My thoughts on the "quiz" chart.... — I personally agree with the answer of "It seems undecided". That isn't to say you couldn't go long for a small short gain. It's also not to say that a short wouldn't work later either. I just see ...
Silent Service Method
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clockwork71 replied Jul 15, 2009Not right now, and my charts aren't signals.....trust me on that. Congrats though.
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clockwork71 replied Jul 15, 2009Hell no. I was more metal back in the day, one of my favorite covers was Laaz Rokkit doing "Holiday".....love that tune.
Silent Service Method
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clockwork71 replied Jul 15, 2009I must admit - Lawnmower is dead serious stuff! Satan's Trampoline is my fav! Of course, most Americans don't have the taste and culture it takes to listen to LD..... So as usual, I am in the minority. CW
Silent Service Method
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clockwork71 replied Jul 15, 2009I can tell you this - the moment you "anticipate" a trade, it will kick you in the ass. I cannot tell you how many times that cost me money. Patience. Missing a trade shouldn't drive you nuts, that's not a great mindset. There is always something to ...
Silent Service Method