F
fibo_trader
I can trade a variety of ways based on what the market is telling me
1 - Continuations into trend
2 - Breakouts (either direction)
3 - Range bound S/R trading
4 - O/B and O/S - retraces
so pretty much the whole range of core stuff most traders use ........probably 35% of the time i'm on strategy 1 when i scalp as long as market is suitable .....35% on Strategy 4 , and 15% on the other 2 ........its hard to be generalist as each market / session is different ...I scalp 90% of the time as any higher timeframes are like watching paint dry and i have less control on external market News and unforseen events...and holding a trade over a weekend would put me in an early grave regardless of ATR and Stop involved .....just my own personal trading personality and character ...I like it fast and tight .... and was made for scalping
my previous post in truth is probably a little too simplistic in truth about "follow what the G8 are doing" and relative strength / weakness .......I do also follow a lot of specific patterns and behaviours of the individual G8 currency indexes and also many tribal / group patterns that give big clues to what is going to happen next .....
again pretty confidential although i let a few out on my thread over the years ....but many are not rocket science ....like Yen and USD in pattern formation both strong or weak is a great market dynamic that will offer easy money on trading the other currencies against them ....although as you are aware these collaborations can disappear much faster than the good old days of Risk on risk off ......(god i miss the easy days of the past )...sprinkle in some CHF correlation as well to spell a full risk pattern and it was easy times.....
there are many many ways to find an edge in trading ......but as in life and business - only a small % master their art and harvest the returns and profits therein ......the others merely exist to feed them as they blindly follow the next faddish system or market with zero discipline or understanding of the trading art.....
anyway enough of me ...this is your show here F and i will continue to follow with interest and respect .....hope you can stay in the game and not get a lifetime ban...although to do so does bring eternal notoriety and reverence ..... and im sure you wouldnt lose sleep about it ........so pm me your contact details before that happens...
good trading
N
see red text in quote ...............
contact details to be sent to you soon
Having you and Duke in this thread is a big ++++++++++++ so make it your own if you feel inclined to post and share and check out stuff together. Even big trades, stocks to invest in or go short if BEAR ensues as called .......... all welcome