Exactly. Let's ask a serious question here: "Does the market care if you are up 20, 30 , or even 100 pips?" The answer of course is "No." So I would never let that dictate where I place stops. (Although a lot of people do.) I would be more ...

Silent Service Method

Great idea.....too bad I can't help you on this one.

Silent Service Method

A chart and a thought on exits.

Silent Service Method

Somewhere in this thread, I mentioned that I only use weekly ones because I believe they are the ones that truly matter. To be honest, I don't agree with what he said. However, I agree so much as to say....you shouldn't base a trade (or management) ...

Silent Service Method

Nice chart.

Silent Service Method

A few thoughts on mentoring. — As someone who has been a student AND a mentor, I can tell you very few people make it trading because of the same reason most people only check "some college" on job applications. It has to do with tenacity. It ...

I need a mentor...read this and youll know why

I know....I agree with him too. I think that has happened twice now in 3 years. It must be a sign of the Apocalypse.

The System II (Yes with irony)

I can see everything but price on this chart. Too many lines for my liking, and I don't consider it a flag yet. I know it's wanting to go north.....but look at all that trouble it has had. Some could call this a quadruple-top forming. CW

Silent Service Method

What's up Feb? I hope you don't mind me poking my nose in here, but seeing your chart makes me remember why I spent NFP Friday painting and not trading. As you can see, the initial reaction to the NFP announcement was a fast surge up for the Euro. ...

The System II (Yes with irony)

Some thoughts on trade management. — The reason I have brought up some of these previous questions will start to make a little more sense as we go along......this is one of those times where I hope this kind of puts a few pieces together. ...

Silent Service Method

No, not clockwork orange.....it has to do with the Dutch National Football/Soccer team....used to be called "Clockwork Oranje" because of precision and color of jerseys being Orange.

Silent Service Method

A quick example of trade management.....there will be more to come, but I have a ton of things to do today.

Silent Service Method

I would agree with .80, as far as the lower line, I would probably go ahead and make it more like 6200-6300 (its a bit of a mess down there.) That pinbar didn't really have a great shape....however, it DID give us a signal as to what it would do. ...

Silent Service Method

Ok, so let's think about some things before we move on. — By now you are probably falling into a couple of different categories. The following person is giving me money in the markets week after week: Wondering why after 6 days, the complete ...

Silent Service Method

A zoom-down on that AUD chart. — Just pounding this in your head....a true understanding of S/R is the one thing you need. The rest is "refinements" to entries and exits.

Silent Service Method

Thanks a lot feb..... Of course, we can only hope to be like the "system with irony" threads.

Silent Service Method

S/R line example on the AUD/USD chart....this shows a classic line. (This is in response to the most recent posts.) This is what you are looking for....an area where price reacts over and over. As a general rule: If it isn't obvious, it doesn't ...

Silent Service Method

Well not all the bars I play are J16 type of bars, as I have evolved a little bit on my own as well. (All traders do this over time.) It comes down to how you see things. If you get an area that is strong resistance.....you have three choices. 1 - ...

Silent Service Method

I would say this is a fair answer.

Silent Service Method

Let's put it this way: It's 430 pm EST, and I just sat down at my computer to see what happened today.

Silent Service Method