Not sure about this one ..
It was the best of times, it was the worst of times
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Re: It was the best of times, it was the worst of times
I will take heed and do as aliassmith suggested in his thread - turn inward.
Thank you to those who have been reading in this thread.
Thank you to those who have been reading in this thread.
Re: It was the best of times, it was the worst of times
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Last edited by jrtrading on Sat Jan 07, 2017 1:06 pm, edited 1 time in total.
Re: It was the best of times, it was the worst of times
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Last edited by jrtrading on Sat Jan 07, 2017 1:06 pm, edited 1 time in total.
Re: It was the best of times, it was the worst of times
Fight for extremes, as Bredin said:
Bredin wrote:Is price closing higher? Hes price been rejected from here before? How powerfully?
no, yes, R+, Might be extereme... enter short with lots of space.
if price closes lower, compress space.
if price closes above if/then line then its not yet the extreme. Look for the next likely place.
Fight for positions at extremes... my first entry is wrong about 90% of the time (or at least it feels like it is), but the hits are small compared to the rewards.
Price will travel 1000+ pips from the yearly extremes, how many times do you think you can take a punt, looking for the extreme? Knowing that on the way down you'll be adding all the way?
G.
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Re: It was the best of times, it was the worst of times
For those interested, here is a great scalper and a great person too, TraderAllen:
http://www.wallstreet2easystreet.com/
Take a look at that equity curve.
It was his site and forum that brought me into Forex to begin with.
http://www.wallstreet2easystreet.com/
Take a look at that equity curve.
It was his site and forum that brought me into Forex to begin with.
Re: It was the best of times, it was the worst of times
Then it was redsword11 and his inspiring thread
http://www.forexfactory.com/showthread.php?t=230888
http://www.forexfactory.com/showthread.php?t=230888
redsword11 wrote:it was not nails that held him - it was love for you
Re: It was the best of times, it was the worst of times
Bob Volman, a man TraderAllen holds in high esteem, has published two books, one about scalping the tick charts and another
on the five minute. I have both, and the first "Forex Price Action Scalping" is the best.
Each week he publishes his trades on dropbox for those interested:
https://www.dropbox.com/sh/1amxmi9af0fk ... /2016?dl=0
on the five minute. I have both, and the first "Forex Price Action Scalping" is the best.
Each week he publishes his trades on dropbox for those interested:
https://www.dropbox.com/sh/1amxmi9af0fk ... /2016?dl=0
Re: It was the best of times, it was the worst of times
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Last edited by jrtrading on Fri Jan 13, 2017 1:12 am, edited 1 time in total.
Re: It was the best of times, it was the worst of times
Here is a chart of long term S&P.
Will it "reverse from new highs"?
Will it "reverse from new highs"?
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