Dear sir, i heared lot about u. Iam new at this forum. Can some body give me links so i start reading for price action. Please help me.
Let's trade together.
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DislikedDear sir, i heared lot about u. Iam new at this forum. Can some body give me links so i start reading for price action. Please help me.Ignored
Dislikedfollow this link to get some indicators for price action pattern .http://www.forexfactory.com/misc.php...chments&t=2331Ignored
DislikedI always thought that the main idea of trading price action was to not have any indicators on your charts...Ignored
DislikedResponse to this quote, not this author...
The idea is to be able to trade, not to wait until your machine tells you to.
I believe that time and experience can tell me what I need to know. I have a brain, this is a tough business, so therefore I expect to have to use it.
If everyone had a program or indicator that worked 100% of the time, it wouldn't work. Nobody would be left to buy a pair, for example.....we would all be long.
Price is the only thing that matters. Nothing else matters.....PERIOD.
No matter what an indicator tells you.....it could say "pinbar", it cannot tell you why you should or should not take it.
There are pinbars quite frequently. Not all of them are the right ones. Pinbars are what make you take notice....but not the only reason to take the trade.
Also, wouldn't you feel better understanding why you are trading. If it's all about dreams of getting rich, and no understanding of price and the markets, thank you for your money.
This is not to discourage you from trading, or even using this methodology. Hell, I use it, and will never look back. I do hope you do well, but Foreign Exchange isn't the "Lazy way to riches".
You will face many battles, most of which will be with yourself.
My advice: Get good at recognizing these patterns yourself. Get even better at knowing when to ignore them.
Best of luck,
Clockwork71Ignored
DislikedIs j16's group good for beginners, or does he expect everyone joining to have pretty good knowledge of forex?Ignored
DislikedIs j16's group good for beginners, or does he expect everyone joining to have pretty good knowledge of forex?Ignored
DislikedThe group was requested by beginners and beginners will always be its main focus.Ignored
Disliked
One thing more i have some doubt about beovb and buovb. If somebody have idea please post more three charts of each pattern so it will clear my doubt.
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