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Sim replied Feb 7, 2010LOL! too much Ok back to scalping for me: image
2 losses,30 winners, out of 32 trades
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Sim replied Feb 7, 2010Hahah.. I see And when daily goes into consolidation? just range trade at extremes? or stay out for a few weeks?
The Market Explained by candle sticks and price action
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Sim replied Feb 7, 2010don't think we are i'm just bringing the OP's attention that it is subjective, as you are which is the problem traders don't seem to see through.. i.e. many short term traders see long term as too lagging, and long term see m1 as noise it's dumb. ...
Charts, time frames and indicators! Oh My!
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Sim replied Feb 7, 2010The problem is mainly execution in real time... looking back for the examples is depressing because there are so many good trades but I only get caught in the bad ones... time limitation could be a probability as I notice more fake moves in the ...
The Market Explained by candle sticks and price action
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Sim replied Feb 7, 2010It's when I switch to longer term charts, shorter term is fine, m5 right down to s10. I get squeezed out of it knowing it's a fake countertrend move causing my SL to be hit... so say in a down trend, I see confluence of SR and fibs, and a pattern or ...
The Market Explained by candle sticks and price action
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Sim replied Feb 7, 2010What I tend to get caught out on in anything above m15, is a pullback, with the main trend, which barely gets out of breakeven but continues in the opposite direction where I know it will come back, but in the mean time the risk is not worth it. It ...
The Market Explained by candle sticks and price action
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Sim replied Feb 7, 2010The tape itself is really quite short term.. and the skill to tape read is very technical It's literally tick chart trading at specific prices where order volume becomes imbalanced, what you see and how u react to it...just like each and every ...
Charts, time frames and indicators! Oh My!
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Sim replied Feb 7, 2010Well my normal trading would see me take that first bearish pin on the 5m, those two candle pullbacks normally fare well for me.. plus its retesting that trendline it broke But trying to think like you do, is it the break of the multiple lows that ...
The Market Explained by candle sticks and price action
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Sim replied Feb 7, 2010Yeah isn't that what I said? Tick chart trading to mimick it is still possible without the order book
Charts, time frames and indicators! Oh My!
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Sim replied Feb 7, 2010Tape reading is what has happened in the last few seconds? How is that different from trading the m1 looking at each tick as it comes? Tick activity as the by product of increased order flow gives good hints? And that's all we can trade, hints, to ...
Charts, time frames and indicators! Oh My!
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Sim replied Feb 7, 2010This is a very unfunny joke guys.. look into stuff yourself, critique everything, for your own good.
Master Tater's Money Journal (Professional)
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Sim replied Feb 6, 2010Cool. I can understand it to an extent.. but to me it's an edge that comes only with experience, with the general self fulfilling prophecy working both ways, beneficial and not
The Market Explained by candle sticks and price action
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Sim replied Feb 6, 2010Untrue. Many people make consistent pips using charts only...all week I entered on pullbacks after some TA...did quite well... didn't look at any other info although it could well have enhanced my trading. Was it just luck in your eyes?
The Market Explained by candle sticks and price action
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Sim replied Feb 6, 2010just let the inner you flow out. the funniest people are those with torrettes
2 losses,30 winners, out of 32 trades
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Sim replied Feb 6, 2010make a mil then say stfu to all the people u gotta be nice to at work
i think most jobs require us to be people who we aren't, which sucks2 losses,30 winners, out of 32 trades
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Sim replied Feb 6, 2010i think this is my fav thread ever edit: along with woo's other one today
2 losses,30 winners, out of 32 trades