I prefer just the levels

Psych Levels, Pivots, and Trendlines - Resurrected

GBP 5 min: A nice 50 pips this morning. Price broke through r1 and 1.600 level also a 61.8 fib on H1 (nice confluence), and dipped below 30 ema (Green). Exit at the pin bar and sweet spot area at 5933, also close to the area where the origin of the ...

Psych Levels, Pivots, and Trendlines - Resurrected

What is this!? Forex Boot Camp! This thread is more CAMP than BOOT !! Just kiddin Captain FEB !! PS: Discipline is a key characteristic to success. If only more people were disciplined in life in general, you'd have a lot ...

The System II (Yes with irony)

Nope, nothing wrong with them at all...

Psych Levels, Pivots, and Trendlines - Resurrected

[quote=Barry Cade;3111748][quote=Porkpie;3111666]Yeah, poor ol Floyd, but he had a great life it seems. I have dabbled in a bit of cookery in a previous life, in Spain in fact, with rave reviews on trip advisor (I ran a B&B in a place called Itrabo- ...

Psych Levels, Pivots, and Trendlines - Resurrected

Yeah, poor ol Floyd, but he had a great life it seems. I have dabbled in a bit of cookery in a previous life, in Spain in fact, with rave reviews on trip advisor (I ran a B&B in a place called Itrabo- costa tropical). ...

Psych Levels, Pivots, and Trendlines - Resurrected

...throwing a dash of volume for good measure perhaps. Ever considered, trading is like cooking. Too many ingredients and you'll end up with a dogs dinner. Keepin it simple but imaginative by using a few ingredients and using them well is what its ...

Psych Levels, Pivots, and Trendlines - Resurrected

Thanks Islander. I never really considered the importance of the 1 min. But as you say, when you consider the breach of a strong 1 min h's an l's it places what you see on the 5 min (which resulted in an inside bar + as per your example), in greater ...

Psych Levels, Pivots, and Trendlines - Resurrected

Islander, what would you say your criteria of importance is when analysing the charts. Here's a guess (putting it very simply): 1. The trend - High lows low highs etc 2. Levels - price breaking through or rejected 3. Candle analysis: strengh of ...

Psych Levels, Pivots, and Trendlines - Resurrected

Islander have losing days!! Don't believe you !

Psych Levels, Pivots, and Trendlines - Resurrected

Thanks very much.

Drummond PLdot

agreed. I am new to this thread but use a very similar method and the principles are the same. The off topic issues and ego lovers clutter this thread as they do on many threads. Perhaps a new private forum could be set up elsewhere with tighter ...

The System II (Yes with irony)

Yes absolutely I agree. I do not believe that the market is Random rather complex and seemingly chaotic. There are patterns and ways to exploit those patterns. I have emphasised I hope, that there is a mindset that is required to deal with this ...

Greenspan and Currencies - Delusional?

great stuff, your answer sums up much of what Pipmut and I have been spitting out. The realisation that you cannot predict. How do you think it has changed your trading mindset? Presumably you have put emphasis on your money management this time ...

Greenspan and Currencies - Delusional?

so it boils down to money management and knowing the ability of your system. Most traders will shit their pants at a 10% draw down then hop on another system and do the same thing again and not really understand why any of it happened. You can't ...

Greenspan and Currencies - Delusional?

I think the problem with your argument is that you use the word 'consistency' to refer to wins. If you consider the consistent losses, then to be profitable overall you will understand that one has to use Money Management, that allows for the ...

Greenspan and Currencies - Delusional?

I am putting consistency in the context of people's experiences and expectations. I was suggesting that profitability is about the % gains of your trading account and less about consistency. Of course most people need consistent wins to be able live ...

Greenspan and Currencies - Delusional?

subscribing

The video store

Just checked out your threads. So you pulled the plug on Forex last year and you mentioned you were successful in the e-mini. I am interested to know why you switched to forex and whether you are still trading the e-mini and how its going?

Greenspan and Currencies - Delusional?