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pt49 replied May 28, 2012You'll notice that almost all my trades are on 4 hour charts. If I was looking at 1 hour charts I could not take these trades, because I might be tempted to say that the trend is not in my favour. However when I look at the daily charts I see ...
$2,000 to $2,000,000... no time limit
- pt49 replied May 28, 2012
I'm curious as to how you are getting your supply and demand zones. I been through the 1st 5 or 6 pages of this thread and see no explanation anywhere I guess its a secret society or something
Supply and Demand trading with Fibs
- pt49 replied May 28, 2012
AUD/USD short — Continuation trade on AUD/USD rally, going short at 9881 (my entry was actually at 9863, I missed the correct entry, although it may go back up there yet). Risk :Reward is at least 4½:1, may be over 6:1
$2,000 to $2,000,000... no time limit
- pt49 replied May 28, 2012
I am sitting on a gbp/usd sell since Friday and I have no idea why I placed trade. All I can think is that I musta been looking at a different chart and entered by mistake. Shittappens!
$2,000 to $2,000,000... no time limit
- pt49 replied May 27, 2012
Whats the point of showing your chart without an explanation? Are you short, long, in or out of the market, or just making abstract art?
AUD/USD
- pt49 commented May 27, 2012
Wrong... I think you need to not lose. Protect your equity, cut your losses and let your winners run. Easily said... but it takes years to learn to do.
Why Are You Concerned About Your Win/Loss Ratio
- pt49 replied May 26, 2012
More Gartley Continuation Trade — In the attached chart I've drawn 3 Gartley Continuation Trade examples. To ease the clutter on the chart I've drawn them vertically rather than on the diagonal, but the end result is the same. The 3 fibs I've ...
$2,000 to $2,000,000... no time limit
- pt49 replied May 26, 2012
Gartly Continuation Trade — I LIKE PRICE ACTION ... period! I dislike using indicators because they are so innacurate, they lag price action and almost all traders use indicators to pick their entry's are losers in the game. While I dislike ...
$2,000 to $2,000,000... no time limit
- pt49 replied May 26, 2012
Man... the market going nowhere last night so I decided to close all the open trades for the weekend (Monday is a holiday in America so I expect it to be a slow day as well). Looking back at the trades I closed and the way the market moved late in ...
$2,000 to $2,000,000... no time limit
- pt49 commented May 25, 2012
Getting sick of these stoopid spam news items. No different to friggin Pakistani phone callers selling power saving devices
French banks drawing up Greek Euro-zone exit plans according to sources