Hello Leoheart, can you point me in the right direction to start to learn how to trade both trade with the opens and not miss a trade? I trade with the daily CC on my charts like ever other wannabe around here
. But would like to pull myself out of the primordial ooze and make this work. Anyone? Bhueller?
EJ was choppy today. Not ideal to trade.
I find it hard many times to keep out of those pairs.
Would nice if any of our Big Brothers here can give us a few tips to filter ranging and treding pairs.
I deleted my response to your inquiry because I have nightmares where horses chase me down for payback.
You my friend are asking to be shown illusions, when the true is undeniably clear.
A candle only has a few options. Break the high/Low of the previous candle or bounce around in between (think a group of big TFs candles not 5min
). You want to be awesome? Only trade in the direction of the daily, weekly,monthly opens when trading smaller timeframes. If all three big boys Tfs are above or below the previous candle H/L then you are in trending - if not then you are in a range.
Easy right? It really isn't. When you see your buddy just banked a boat load of pips on a day trade as you were waiting for the stars to align - well you get the point.
Alright good buddy, lets give this a shot. Firstly you see how you refer to yourself as a 'wannabee'? If you don't truly believe you belong with the big boys youll never see the simplicity of how price moves for yourself. No one trades charts. We all trade our believes, and put them on the line every day, week, month or year.
This is what I want you to do. Record a statement on your phone, affirming "I am an extremely profitable trader" & listen to this affirmation for 5 minutes everyday without fail.
Now that is out of the way. Lets do this, show me exactly how you trade now and I'll match you & start adding in '2 cents' at a time.