Could that 'something' be the fact that the institutions and market makers can see where all the limit orders are parked? It's collusion of the big $ to do it because it signals all of them where the reversals will be and they all jump in on it. ...

Real or Algo

lol, it's called a trading addiction. I have it too. Have a great weekend.

"AUSSI" my thread and anything I want to put here

Would you have more room for error (being a normal human) if you traded with the trend by selling at the top when price rejects at the bb middle instead of buying at the bottom and hoping to close at the top. It's hard to make money taking counter ...

Real or Algo

6 11 2020 entry and exit. Life is good when you're on the correct side of the trade.

Writing it down gets it out of my head...

Sometimes when I look back at my trading for the day I'm left in awe...of how I had a plan going in and changed it and then traded horribly the rest of the day. I knew all my trades should be short. I kept telling myself all my trades will be short. ...

Writing it down gets it out of my head...

Let's talk about 12 pip stops compared to 30 pip stops. It has nothing to do with the stops and everything to do with the entries. We've all heard buy low, sell high, but we hardly ever do it. Instead, we get in at the top and close at the bottom. ...

Writing it down gets it out of my head...

Trading the Fed Minutes 6 10 20 What will the US fed meeting minutes show Wednesday at 2pm eastern. My guess is the fed will try to slow down the stock market while continuing to soothe it. That's hard to pull off. The charts suggest the market has ...

Writing it down gets it out of my head...

Aud/usd at a decision point... What do you use to determine exhaustion?

My Journey to Forex prop trading

Week of 6/7/20 6/9/2020 (after 5pm eastern on 6/8/20) 7:33pm Shorted GJ after it peaked above the first hour of the new trading day. 8:37pm closed half for 25 pips to cover the 20 pip stop. 9:05pm picture 2 monitoring the 4 hour demand to see how it ...

Writing it down gets it out of my head...