Now that's a proper trading day. How many pips did you manage?
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DislikedThere is a time and a place for countertrading, however as a "newer" trader I would figure out trend following first, lots easier. Predicting a reversal in a massive rally has cost many a trader his/her account.
Put up a 40-60 bar H1/H4, today it starts at the bottom left of your screen and ends at the top right, guess where the trend is? Now look for your dips and buy the shite out of 'm. Keep doing it until your trade gets stopped out, then start thinking about CT-ing it.
As a next level to watch I have 5926, the R3.Ignored
DislikedYes, you are correct... It's a lot easier and leaves no pain behind....
Thanks, you are great in pinpointing out what the market is suggesting..
OK, step 1, change trading strategy, the rest will follow...Ignored
DislikedI re-entered trade at the arrow, 5872 after she tested the bottom of the box she fell out of .. could I have gotten in lower? That lower TL was only put on after she made that retrace low .. was there another signal to get in earlier for the new long?Ignored
DislikedTrading like dancing listen to the rhythm and GO With it
http://www.youtube.com/watch?v=dBHhS...eature=relatedIgnored
DislikedIf you are in, stay in unless the range goes, if you are thinking about it, sit on your hands for a bit longer. If you are a scalper, scalp the lTL.Ignored
DislikedTRADING CAN BE SO SIMPLE..I JUST SAW THAT 2 DAY ....GREAT SALUTE....BUT ONE SMALL QUESTION FOR YOU? DOES THE SAME STRATEGY APPLY FPR gold TRADING....I TRIED I WITH GOLD IT TOOK 2 OF MY STOPSIgnored
DislikedYou missed one inside TL that could have given you an earlier clue. Every time a TL disects a range it tends to from a wedge that is very tradeable. Zoom out a bit on your 15 and you'll see it. Below is roughly where she is.Ignored
DislikedOK .. I see it .. it looks like to get that angle you started at the high of Sunday. Why did you start there? i.e. do you always look at high or low of prev day for possible TL continuation on current day?Ignored