Disliked*** for the umpteenth time, your trades are successful because you are correct with your macro analysis about future value intent. It's got nothing to do with volume or "PA".Ignored
That's all.....
The Best Loser Wins
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Equity millipede & Flying Buddha trading journal 9 replies
Flying buddah pattern 20 replies
Build an Equity Millipede with the filtered Flying Buddha 171 replies
Flying buddha pattern 12 replies
16/10/'07 - Crude oil and Greenback flying in opposite directions. 0 replies
Disliked*** for the umpteenth time, your trades are successful because you are correct with your macro analysis about future value intent. It's got nothing to do with volume or "PA".Ignored
Disliked{quote} Hi BWilliam, I've been selling this pair for some time now. Is it time to place a speculative buy order? Hope you are well! {image}Ignored
Disliked4hr green zone profit taking for shorters. Yesterday a bit premature for a buy it seems. News day today why not they spike it? Where will they take it that bewilders the average joe retail? They took out the previous low by 50 pips. Cheers.. {image}Ignored
Disliked{quote} Hi FocusWinReal, e$ trades weak with the high of 0.9960 - nothing exciting about this pair. Edit - look for short trades EY or GY, dax.Ignored
Disliked{quote} SPOT FRICKING ON....BW Heres my Oil trades from this morning... Could have I had better entries yep...Sometimes I nail them othertimes I dont... Point is im buying BELOW a number/level/price ALWAYS... Thats the line in the sand... Scalping for a few pips or points is a tough gig with the costs incurred let alone time and skewed RR. Its why "some" go into heavy drawdown wink wink..... The real money in trading is in SCALEABLE SETUPS...that you can add size too. Now this oil setup for me produced huge pips and a very healthy % gain...Ignored
Disliked{image}{image} Quick example of trading OUTSIDE from the INSIDE.... as well as using 5M bars as Add ons in a quick moving market. PFH.. 1M M/DT at TIMING .. GAP TIME HIGH SAME AS OIL SETUP WHERES THE $$$ ?? Again same old same old setup... although on a small scale...where does price go? Swing Lows...TARGETS TARGETS TARGETS..... You dont need alot of pips to make big returns.. This is a prime example of how you do it. Some hate Hindsight charts lol...but thats how we learn... By analyzing past price then trading what we see and learn in the present......Ignored
Disliked{quote} Ye gods - more weekend reading and pencil marking Turnip. Thought I saw some 3 bar reversals at that short area per ICT ? Wish I found you guys years ago !Ignored
Disliked{quote} The knowledge expressed here by the guys is second to none I’m just watching from the sidelines. My own level of knowledge isn’t on a par with Kev Pete Jason GEFx and others, and I’m not too proud to admit it. Listen, watch and keep an open mind. I bet each one of them has, at some point, looked elsewhere for guidance and eventually through sheer bloody mindedness have worked out a method that works for them. No two traders trade exactly the same and not one method fits all. The current run of posts have been the best that...Ignored
DislikedAbout losing trades, although mindset plays a key role we stiil need a more direct and pragmatic approach to this common problem that plagued all traders. A large part of my research work was to address losing trades. How to improve the losers? It will take a long explanation. So this is a simplified shortlist - 1. Follow a trade entry protocol after you get the trade signal. Check all the boxes. 2. Quantify the "distance" where a losing trade becomes a failed trade. 3. Since the fail distance is predetermined, place a stop slightly above this level...Ignored
Disliked{quote} Hi BWilliam, I would like to add my thoughts on this, personally its the mindset that will improve your losing trades. Nothing wrong with research at all, its at the core of ones game as well. MINDSET is number one though, its the center. In question with this post is Losing trades but in fact applies to all of trading, you need to have your MINDSET in check. 1-18 does not happen without mental toughness. If your putting research before or above mindset then what happens when the research you laid out starts to change, or you start to question...Ignored
DislikedHi FocusWinReal, e$ trades weak with the high of 0.9960 - nothing exciting about this pair. Edit - look for short trades EY or GY, dax.Ignored
Disliked{quote} Here's the weird stuff that confounds traders. E$ and G$ traded weak during London session. EY and GY traded strong during London session. Align the charts, they move opposite direction. NY session, E$ and G$ trades strong. NY session, EY and GY trades weak. Again, they move opposite direction. How come? Did you foresee this? What's more weird is I told in early London session to look for short trade - EY, GY, dax. As always I was talking about the future that has not happened yet. Short trade with strong rising pairs during London session???...Ignored
Disliked{quote} Hi BWilliam, I'm not sure if your questions are rhetorical or are a call for discussion. I'll assume it's a call for discussion. As you have stated, daily analysis must include an overlay of potential risks, such as scheduled FAs. The FAs in the London session are potential drivers of PA, and FAs in the NY session are potential drivers that can reverse or support the moves seen during the London session. You can't know how the market will trade in the future if there are FAs on the timeline. Case in point: the FA's during the London session...Ignored
Disliked{quote} HI GEfx, I was asking for a discussion. Central to this trading process is our mindset. The strength of our mindset is relative to what we know, and what we know depends on whether the market trades in line with our normal market analysis expectations. If market trades outside this normal market analysis expectations we become "blind". That's why on a normal predictable day where market trades within our analysis expectation, we feel confident and sure - a good feel. Whereas on days when market trade inverse of our normal market analysis...Ignored
Disliked{quote} E$ and G$ traded weak during London session. EY and GY traded strong during London session. Align the charts, they move opposite direction. NY session, E$ and G$ trades strong. NY session, EY and GY trades weak. Again, they move opposite direction. How come? Did you foresee this?Ignored
DislikedHI GEfx, I was asking for a discussion. Central to this trading process is our mindset. The strength of our mindset is relative to what we know, and what we know depends on whether the market trades in line with our normal market analysis expectations. If market trades outside this normal market analysis expectations we become "blind". And we feel uncomfortable with such a day. That's why on a normal predictable day where market trades within our analysis expectation, we feel confident, sure and prepared - a good feel. Whereas on days when...Ignored
DislikedIt's important to keep a journal of your real time macro analysis. Journal your macro analysis with or without trade, not your trades. (Have anyone figured out why your real time macro analysis is more important than your real trades?)Ignored