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shellsnail replied Nov 26, 2013Still waiting for GBP limit order to be filled. maybe news release will do the trick?
Somewhere to document my thoughts...
- shellsnail replied Nov 26, 2013
Typically, in a year you get up to around 3 trend changes per pair... that boils down to - you can milk a trend for average 4 months!
Somewhere to document my thoughts...
- shellsnail replied Nov 26, 2013
Hmm... retrace seems to have missed my limit order by 0.8 pips... (again!)
Somewhere to document my thoughts...
- shellsnail replied Nov 26, 2013
Trading counter-trend is simply a loser's game unless you are practicing very nimble exits. surprisingly, I only learnt that, like really UNDERSTOOD that, recently, despite trading for more than 3 years.
Somewhere to document my thoughts...
- shellsnail replied Nov 26, 2013
Still waiting for my 20 pip intraday trade... Looking for a retrace on GBP/USD.
Somewhere to document my thoughts...
- shellsnail replied Nov 26, 2013
Does the existence of trend contradict the hypothesis that price movements are random?
Somewhere to document my thoughts...
- shellsnail replied Nov 26, 2013
You know you are trading with the trend when the $100 drawdown that took 16 hours to accumulate disappears within 30minutes.
Somewhere to document my thoughts...
- shellsnail replied Nov 26, 2013
Given yesterday's move, seems like this morning there's no sweep for liquidity? straight up we go on gbp and eur?
Somewhere to document my thoughts...
- shellsnail replied Nov 25, 2013
hmm yeah I see a couple of short set-ups on the pound pairs on the weekly charts about 250 pip up from here. I am guessing, purely guessing, that we may hit those levels this week on the news events..
Supply and demand chess game
- shellsnail commented Nov 25, 2013
Threshold for FX intervention if fairly high - this phrase makes no sense.
Lowe: Threshold for FX intervention if fairly high – Expects further adjustment in AUDUSD
- shellsnail replied Nov 25, 2013
yeah must be my 0.03 buy lot creating all that support right there
-delusional newbie-Why Simple is better in trading and Complex is not
- shellsnail replied Nov 25, 2013
Late US session - time for trend traders to come out to the sun to play?
Somewhere to document my thoughts...
- shellsnail replied Nov 25, 2013
EAs can be very helpful for helping you trade across all pairs, in achieve emotion free trading/ consistency in trading and in freeing up your time for other things so that you don't have to sit at the screen looking for entries (or choose the ...
Somewhere to document my thoughts...
- shellsnail commented Nov 25, 2013
Swiss joining in the party too!?
SNB's Jordan: Franc was massively overvalued in 2011
- shellsnail replied Nov 25, 2013
I feel that this is more of a symptom of deeper issues rather than a problem with itself. What it boils down to is a lack of understanding of the limits of the system you are trading, and the kind of market condition you are trading in. It might not ...
5 Reasons Why Traders Lose
- shellsnail replied Nov 25, 2013
Ofcourse it's good. Many (basic description of) good systems inside here that people took years to develop.
Why Simple is better in trading and Complex is not
- shellsnail replied Nov 25, 2013
Woke up from nap and saw that I got some pretty nice entries into the trend
currently short audjpy, long gbp/nzd, short nzd/usd, long eur/nzd...Somewhere to document my thoughts...