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A Master Class in FX Intraday Trading by F & Co
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should have let 30% open lol
Forexmospherian
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its easy to overlook - main thing though is you made a profit
Ideally if you can get a couple of entries at lower stakes and get one into a profit at one with a partial left on with a stop in profit - then even better
Its all down to experience and practice and improving you skill levels etc etc
As you can see with Sun now - she is getting far more skillful this last few weeks - she will have the odd set backs - but must feel more comfortable that she has a method that works etc - its just keeping to disciplines and improving your skill level etc
Still it's a winner
Forexmospherian
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Time for a break
Will be back in 15 mins or so
Stay focused
Will be back in 15 mins or so
Stay focused
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Forexmospherian
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1405 to 1425 is all support area -its a case of lining up a good interim support with a time window and at least a stall and a initial 7 -10 pip bounce before a pullback staying above the low made
Not easy on EU atm but stick a down TL from 45 to 35 and extrapolate and whilst under that we are still in a sell for now
its easy to overlook - main thing though is you made a profit
Ideally if you can get a couple of entries at lower stakes and get one into a profit at one with a partial left on with a stop in profit - then even better
Its all down to experience and practice and improving you skill levels etc etc
As you can see with Sun now - she is getting far more skillful this last few weeks - she will have the odd set backs - but must feel more comfortable that she has a method that works etc - its just keeping to disciplines and improving your skill level etc
Still it's a winner
I still have a long way to go but I'll get there : ) leaving partial trades open is one of the areas I need to improve. I always tend to take 100% profit thinking that If I leave 30% open I'll end up with less profit at the end of the day or like with GU I simply forget. Will try to work on that today ; )
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Forexmospherian
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EU
8 56 am
First clue is low at 1426
If we bounce over line - dont enter straight away
Wait and see if we stay above 26 on the pullback
If you enter 1 pips above low - no problem - but that skill only comes after time
For now do it step by step
The objective is 1449 and 53
Those 2 prices would say the turn is started
Under 53 and 49 we are still in sell mode - with 26 then the only barrier for now
8 56 am
First clue is low at 1426
If we bounce over line - dont enter straight away
Wait and see if we stay above 26 on the pullback
If you enter 1 pips above low - no problem - but that skill only comes after time
For now do it step by step
The objective is 1449 and 53
Those 2 prices would say the turn is started
Under 53 and 49 we are still in sell mode - with 26 then the only barrier for now
Forexmospherian
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You will get there Shacau - thats no problem - its just the time its takes puts many off - but like anything is life - things dont just happen that quickly if it really good
I think if you can always be disciplined and except we will never be 100% correct and so except your losses - keep them as small as possible and then any win ratio of 65%+ will make you very good money - because you will always catch a runner that makes you a RR of 3 or 5 - or even 10+ off the EA
Forexmospherian
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I had an email off him over the weekend
He has been busy on other business as well as family commitments with his elderly parents etc - so not been around much last 2 weeks and was like me banned for a time due to the problems we had with our alternative fan's comments etc etc
He's still trading and wanting to now go full time
Whether that will happen before Christmas or in the new year - i dont know - but what i do know - he could certainly make it - his results have been very impressive
Hope fully we might see him around again soon
im not liking the pa, out BE
Forexmospherian
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No 9 30 am news this morning - so will check out this next TW and then might have more time off between 10 and 11am
Forexmospherian
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We are going into the tease zones - ie all slowed down after the big movements
Sometimes it lasts just 30 -45 mins - other times it can last 90 min or even over 2 hrs
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