dragon33 wrote:Sorry guys haven't been trading for a while because i'm divorcing my wife.
It can take a while before i start posting again. If you feel lost just go back to page 55 of this topice and read about the entry and SL method.
Everyday it works the same, everday there are pips to grab but not always the same amount of pips.
Sorry to hear Dragon. Best wishes.
TEACHING ??!! http://www.highlandschools-virtualib.or ... eacher.htm
"Provide learner with clear tasks, goals, and requirement and inform them of progress made. A key skill in teaching is the ability to explain and describe things clearly"
We guys can't forget TRO wisdom : "TRADING IS JUNGLE" we can't believe that anyone would want to help us be profitable. I think as soon as we stop doing what we do and just shut the hell up and trade without looking at forums and posting we might get somewhere. BUT IT"S HARD isn't it ?
Not all teachers and all students will connect in the same way. I have often found Mo's teachings difficult....and then the penny drops when I see someone on here who uses what he teaches in a way that does
speak to me. I do understand your frustration though, lukx. I dont think its up to someone who has given time and knowledge for free in a public forum to adapt their teaching style everytime someone doesnt get it. I often get on this forum and read something and Im taken back to a feeling I had at school. Im smart enough to know when Im not
As for Mo's charts....is it possible the spatial intellect ideas he was pointing out may tie up with the "the correction determines the timeframe idea?
If, for example, on a 5 min timeframe there is a 60 pip move against
the direction you are trading...well thats way too big a move to be anything other than a reversal(on th m5 tf)......but on a 7 hr timeframe that may simply look like a 50% retracement and a perfectly normal sized correction for that 7 hr timeframe.......Assuming your looking at the weekly for your overall direction then, does it seem possible, that by changing the overlays up and down untill something looks right, with reference to the correction, is how you find the best timeframe to trade?
Just an idea......
I've learned from my mistakes and I'm sure I can repeat them exactly - Peter Cook