Never Lose Again

[TheRumpledOne]

EURUSDM1.png (19.79 KiB) Viewed 4218 times

[TheRumpledOne]

GBPUSDH1.png (95.29 KiB) Viewed 4183 times

[TheRumpledOne]

GBPUSDH1.png (95.61 KiB) Viewed 4155 times

[TheRumpledOne]

GBPUSDH1.png (96.88 KiB) Viewed 4138 times

[TheRumpledOne]

GBPUSDH1.png (89.81 KiB) Viewed 4097 times

[TheRumpledOne]

EURUSDM1.png (20.89 KiB) Viewed 4093 times

COULD YOU TRADE THIS CHART?

WHY OR WHY NOT?

Please respond.

[TheRumpledOne]

EURUSDM1.png (44.19 KiB) Viewed 4093 times

Red price box is ASK.

Green price box is BID.

The lines start at the previous bars closing price and connect to the current price.

Red indicates current close below previous bars' close.

Green indicates current close above previous bars' close.

That's the old TREND MAP INDICATOR I wrote in 2008.

[PTG]

COULD YOU TRADE THIS CHART?

WHY OR WHY NOT?

Sure I could.

Because all you need is to expose yourself to the market in a direction and exit the market at your discretion.

And because it is my goal to be profitable over an X number of trades, X being statistically relevant, say 100+, I would opt for a RRR of > 1.

No need for analysis (history has no bearing on the future), no need for guessing or trying to predict the future (futile), none of all that stuff.

That includes historical statistical analysis carried forward to the future by the way. Highly overrated.

TANSTAPTF.

[PTG]

EURUSDM1.png

Red price box is ASK.

Green price box is BID.

The lines start at the previous bars closing price and connect to the current price.

Red indicates current close below previous bars' close.

Green indicates current close above previous bars' close.

That's the old TREND MAP INDICATOR I wrote in 2008.

No idea what that is supposed to signify other than a strain for the eye

[aldomcfaldo]

COULD YOU TRADE THIS CHART?

WHY OR WHY NOT?

Sure I could.

Because all you need is to expose yourself to the market in a direction and exit the market at your discretion.

And because it is my goal to be profitable over an X number of trades, X being statistically relevant, say 100+, I would opt for a RRR of > 1.

No need for analysis (history has no bearing on the future), no need for guessing or trying to predict the future (futile), none of all that stuff.

That includes historical statistical analysis carried forward to the future by the way. Highly overrated.

TANSTAPTF.

Hi PTG,

Can I ask then how you decide to enter the market and in which direction or do you base everything purely on feel? You seem to have a different attitude towards trading compared to your older posts. Its interesting.

Cheers