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- mongolian replied Mar 4, 2019
Not rude. Fair question I suppose. Don't take the fact that I haven't posted on here as a sign that I stopped trading. I just haven't traded spot forex or any currency pairs in quite a while. I do primarily trade ES (S&P 500 e-mini), NQ (NASDAQ 100 ...
- mongolian replied Mar 1, 2019
Haven't posted in here in a while. Thank you to everyone who has contributed to this thread. There has been a wealth of knowledge shared here and in other threads on FF. I have been trading futures lately. Lots and lots of ways to take a beating ...
- mongolian replied Feb 18, 2018
image This chart is Friday's price action in the EURUSD. I did not trade this. I did not trade at all Friday actually. But this is what jumped out at me as I took at a look at it. Not a ton of buying opportunities, lots of chances to sell! Anyway. ...
- mongolian replied Feb 18, 2018
I guess my one question is what are you using to determine how and when to get out of a profitable trade? Your setups are good. The GBPJPY has always been a rough pair for me in that it's move are usually very strong and robust - I find that it ...
- mongolian replied Feb 16, 2018
Sorry - I will. Last few days have been crazy busy. Didn't want you to think I was ignoring you. I'll look at these and post shortly (definitely in next day.) Thanks for posting them.
- mongolian replied Feb 14, 2018
I was going to comment on the chart you put up, however I decided to refrain. You got out of the day on the plus side. The trading was ok, could be better, but you know that. You don't need me to tell you. John Wooden said - Be quick but don't ...
- mongolian replied Feb 7, 2018
Put a couple thoughts on your chart. I agree with your decision making (or I can see how you can make an argument for those orders). Keep up the good work.
- mongolian replied Feb 7, 2018
There's always that danger yes. That's why you work a pair that you can work with and you have seen it generally behaves 'cleanly'. I love the EURJPY. It's historically been robust - moves are strong - lots of opportunities day in and day out. ...
- mongolian replied Feb 6, 2018
Not sure why it didn't put my entire answer in there. Here's my entire answer. Did you initially have a daily pip goal? eg 20 pips per day. Then just slowly compound from there. I have approached it saying - I'm going to make 20 or 50 or whatever ...
- mongolian replied Feb 6, 2018
[/B] This really depends on my day, how I'm feeling and what kind of things are going on in the market. I trade poorly when I'm tired. So I try to only trade when I have good rest and good energy. Sometimes it's just the first couple hours, ...
- mongolian replied Feb 4, 2018
I will use a 15 minute chart when I have that FOMO creep in. A lot of times - it will allow me to exercise patience. The key to my trading - essentially is getting entries on pullbacks, where price will retreat back to the various levels - before ...
- mongolian replied Feb 3, 2018
Reverse trading after a loss. We've all done that. It almost never is profitable for me. I've seen it done. I just can't do it. I'd rather just take my loss, and wait for another setup. Reverse trading also involves market orders more often than not ...
- mongolian replied Feb 3, 2018
Just put that comment in last post. Let me encourage you - do your best to get away from market orders. Those usually lead to impulse buying and selling and in my experience lead to getting chopped up. Having discipline to only trade around the ...
- mongolian replied Feb 3, 2018
Maybe try adding say a 15 minute chart that you can check with to make sure you're not trying to pick tops or bottoms. Hindsight of course is 20/20. I'll do that (15 minute chart) when I'm either getting chopped up - or if I just want confirmation ...
- mongolian replied Jan 24, 2018
Thanks for the kind words!
- mongolian replied Jul 23, 2016
I can see exactly why you took those. You are correct, losses can't be helped. Managing the losses can. Keep it up. There will be times where we can get stopped out a few times in a row. Doesn't always mean that we're trading badly, it just means, ...
- mongolian replied Jul 16, 2016
One big thing I notice even in the short amount of time you've been putting up charts, is now much more selective and patient you are becoming. The first set of charts, you had trade trade trade everywhere. Some days that is legitimate. Some days, I ...
- mongolian replied Jul 7, 2016
"get really impatient when price is trending and I'm afraid of missing out on a move" That statement right there is a big one. Relax. It'll come. A quick baseball analogy. Two hitters. One goes up to bat - swings at everything that is thrown him, ...
- mongolian replied Jul 7, 2016
There's my friend. Figured you'd pop up eventually.
- mongolian replied Jul 7, 2016
Put a couple thoughts on your charts. Look at working on placing your trades on the levels you want to get in @, instead of clicking away, using market orders. Plan your work and work your plan. Keep charts coming.