MightyOne wrote:
So what you are saying is to enter at the very top or very bottom... and let your profits run?
Moderator: moderators
adaseb wrote:MightyOne wrote:
So what you are saying is to enter at the very top or very bottom... and let your profits run?
adaseb wrote:MightyOne wrote:
So what you are saying is to enter at the very top or very bottom... and let your profits run?
es/pip wrote:adaseb wrote:MightyOne wrote:
So what you are saying is to enter at the very top or very bottom... and let your profits run?
i will take a stab at it
you have a lower time frame and a higher time frame (looking at it via custom candles) extremes
when the market fails at an extreme it will go the other way--- bec it has no other way to go
the larger extremes are what is important
getting in on extremes gives you a better position vrs other traders
the ones with the better position have the upper hand on staying in a trade
the amateurs get shaken out or get suckered in while the pros are taking the other side
in a way---- I THINK---- this is what i am sort of doing via scalping the euro--- in a round about way----- its just on a much smaller level and smaller PA
edit-----------------
i guess i should say "looking" to get in on extremes vrs getting in on extremes
MightyOne wrote:es/pip wrote:adaseb wrote:MightyOne wrote:
So what you are saying is to enter at the very top or very bottom... and let your profits run?
i will take a stab at it
you have a lower time frame and a higher time frame (looking at it via custom candles) extremes
when the market fails at an extreme it will go the other way--- bec it has no other way to go
the larger extremes are what is important
getting in on extremes gives you a better position vrs other traders
the ones with the better position have the upper hand on staying in a trade
the amateurs get shaken out or get suckered in while the pros are taking the other side
in a way---- I THINK---- this is what i am sort of doing via scalping the euro--- in a round about way----- its just on a much smaller level and smaller PA
edit-----------------
i guess i should say "looking" to get in on extremes vrs getting in on extremes
Or you could say that you are looking to enter off of the extreme.
The only time I would ever just throw an order out there into rising prices is when I am dismantling a hedge.
dragon33 wrote:
I will try to do my best to post some losers but when you read your charts properly and you can take profit when it is there then it is hard to lose. If you will not lose there is always a possibility of hedging your way out.