cfabian wrote:Dragon, I was looking at this trade, and I wonder why you entered a limit order there? What did you see or how you based your decision? I can see some entry points, some before and some others after, but that was a laser precision entry and didn't expect price to wick that up.
BTW, my week's goal is achieved, which was to recover 2010 losses. Actually, I'm 6 pips away from recovering December's as well. Thanks a lot my friend.
Have a great weekend.
dragon33 wrote:
newschool wrote:
dragon33 wrote: In the picture below: white lines are entry and the red are my stops. Do you see any zero
This is years of experience and steeling with my eyes while other people where teaching how to do it. You need to find your own way and when you don't give up you will believe me.
Dragon, this screenshot shows exactly my opinion about Forex. Entries should always be made in MOMENTUM. The goal is to turn the trade positive as soon as we can, even by 1 pip. Then if you breakeven 10 times in a row, it doesnt matter because the 11th you may double-up.
Thats how I see it, what do you think.
Hihi this is what i think, my only trade from today.
I had two orders one like the way i learn you to do it on the bottom of the last red and then the limit because that was the previous BO point.
On the other hand i was wearing my starttrek uniform maybe that was what did it
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!
If you were entering on the BO would this have been a valid entry point also?
dragon33 wrote:
cfabian wrote:Dragon, I was looking at this trade, and I wonder why you entered a limit order there? What did you see or how you based your decision? I can see some entry points, some before and some others after, but that was a laser precision entry and didn't expect price to wick that up.
BTW, my week's goal is achieved, which was to recover 2010 losses. Actually, I'm 6 pips away from recovering December's as well. Thanks a lot my friend.
Have a great weekend.
dragon33 wrote:
newschool wrote:
dragon33 wrote: In the picture below: white lines are entry and the red are my stops. Do you see any zero
This is years of experience and steeling with my eyes while other people where teaching how to do it. You need to find your own way and when you don't give up you will believe me.
Dragon, this screenshot shows exactly my opinion about Forex. Entries should always be made in MOMENTUM. The goal is to turn the trade positive as soon as we can, even by 1 pip. Then if you breakeven 10 times in a row, it doesnt matter because the 11th you may double-up.
Thats how I see it, what do you think.
Hihi this is what i think, my only trade from today.
I had two orders one like the way i learn you to do it on the bottom of the last red and then the limit because that was the previous BO point. On the other hand i was wearing my starttrek uniform maybe that was what did it