Oh, I was so hoping somewhat would applaud. I've worked really hard at this. Let's see here. I printed out my history to frame. LOL.
They were all sell. At 13:13 GMT sold EURUSD
Now I have to admit something here. I inadvertently bought this next stock and then about ten minutes later give or take, I thought oh hey this looks good, so I bought that stock, and wouldn't you know it? It was the same stock. LOL. So....I just got lucky here.....not brilliant....but pretty good.
At 13:31 GMT sold CADJPY
At 13:26 GMT sold CADJPY
CAD was the hot one.....I think.
The thing I have been noticing over and over again, and I don't know if this is taught here because I still haven't gotten through all of the darn posts, is that sure Yellow and Green have to be together at least at this point for me in technique, either on top or on the bottom of the 0. If yellow and green are on the top, you sell what's on the bottom and vice versa. But I was losing money left and right until I noticed this. If yellow and green are on the top and you are planning to sell say (Red), then Red should be moving downwards. If it's moving upwards even though it's below the 0, it's going to give you negative pips.
If yellow and green are on the bottom and red is on top, you're going to buy. But here again , I noticed that the only way I get pips is if red is moving upwards! Makes sense to me and it works for me.
But because I don't know what I'm doing, I have to sit here and watch them like a hawk, because I don't know when to bail out and I think I could have done far better had I stayed in longer a couple of times. What I do is watch and when they start trending in the opposite direction, I watch them for a bit longer. If they seem to continue to want to move in this opposite direction then I either buy/sell. But I have noticed a few times over the last couple of days that when I did that they reversed again and thought oh darn. But I was still happy with my little pips. So now what I do, is I immediately close the chart I was working on so that I have no regrets because that is a bad thing for me.
You see, if I see that it reverses for more pips after I've bought/sold, then I might get in the habit of waiting too long (greedy) and then start losing pips again. It's too much work waiting for them to go back up and like I said, I sit here and stare at them.
But I'm a composer, so what I do is work on a piece of music and have the music screen and the MT4 screen side by side so I can do both! That way I don't feel like I'm wasting my time. LOL.
It started yesterday afternoon when I kept observing this little thing and decided to act on it. It's probably actually what I should have been doing all along, I don't know.....I'll have to ask NVP when he returns. So I started doing what I said and lo and behold, I think that almost every trade I made, I made pips. Sometimes it would reverse in the negative, but as long as green and yellow were on top and let's say again, red was on the bottom and even though it reversed, my gut instinct told me to wait it out and it would reverse again as long as yellow and green stayed on the top.
The ones where I lost were when yellow and green moved into the same town as red. Then I had to bail out quick. LOL.
But so far, that's how I use this----right or wrong.
