Aliassmith Psychology 101 and other stuff

[aliassmith]

It hurts when it happens. I was watching usc/cad (yen pairs move oppositely to usd/cad) and it was developing momentum up. I exited my trades and then saw this.

Not sure what you are referring to. I think it would have been better to
watch the pair/s you are trading. Certain pairs are not always correlated
100% even if it is an inverse correlation.

[aliassmith]

Little 16 pipper

Seems like I am getting to where I can double my account in 2 months.
That is truely more than I ever expected to achieve. The people on here
that do more can really give a sense of anything is possible.

[MightyOne]

It hurts when it happens. I was watching usc/cad (yen pairs move oppositely to usd/cad) and it was developing momentum up. I exited my trades and then saw this.

What is the difference between risking 10 pips with a full position and risking 20 pips with a half position and 10 pips with an average?


The size of the profit if price skyrockets without your second position?


You should commit to what works, and use position sizing to make it comfortable on your wallet:

[jarnapal]

It hurts when it happens. I was watching usc/cad (yen pairs move oppositely to usd/cad) and it was developing momentum up. I exited my trades and then saw this.

Not sure what you are referring to. I think it would have been better to
watch the pair/s you are trading. Certain pairs are not always correlated
100% even if it is an inverse correlation.

USD CAD has some inverse correlation on lower timeframes which has worked for me for some time.. I marked my entries and exits on the chart to show that seconds after the price skyrocketed.


MightyOne. thanks for marking the chart. I see exactly how you would have worked this out. I like how you have marked that lower support line.

[nkhawaja]

aliassmith refering to post at 4:31 PM on page 51

this screen and your trade doesnt look like
RED, GREEN, GREEN

what is the ruleset here?

[aliassmith]

It hurts when it happens. I was watching usc/cad (yen pairs move oppositely to usd/cad) and it was developing momentum up. I exited my trades and then saw this.

Not sure what you are referring to. I think it would have been better to
watch the pair/s you are trading. Certain pairs are not always correlated
100% even if it is an inverse correlation.

USD CAD has some inverse correlation on lower timeframes which has worked for me for some time.. I marked my entries and exits on the chart to show that seconds after the price skyrocketed.


MightyOne. thanks for marking the chart. I see exactly how you would have worked this out. I like how you have marked that lower support line.

Ya I don't know your methodology. I don't believe I would have exited
where you have. I do know I would have entered on the bars right after
you closed. Nice pin bar brake after rejection of support.

[aliassmith]

aliassmith refering to post at 4:31 PM on page 51

this screen and your trade doesnt look like
RED, GREEN, GREEN

what is the ruleset here?

I believe you are referring to 14:30ish on my chart?

So what is red, green, green?

I don't use any red light green light. I try to see what price is telling me
at order stack areas. Entry was based on what the candle before my
arrow told me. What does it say to you?

[nkhawaja]

sorry my mistake, i didnt know your trading style, i thought you are following TRO's RAT style

[aliassmith]

Opportunities are there to make pips

[jarnapal]

Opportunities are there to make pips

I like the breakouts. How to you determine the trend ? By looking zerolines on higher timeframe ?