Before I log off for the day, I wanted to write something down that was pretty cool. It's from Alice in Wonderland. Alice: Would you tell me, please, which way I ought to go from here? The Cat: That depends a good deal on where you want to get to ...

MW's trading journal

I've set up a long order on the eur/jpy a few minutes ago at 112.20 with an initial take profit at 113.35 and a stop loss of 111.85. My reasoning for this is that we've retraced from the BUOVB straight to a point of support and the last hourly ...

MW's trading journal

My man Josh, you've already given back to me brother, more than you know. I can think of at least 20+ times at random through our talks in PM that I've been smiling ear to ear because of what you've said and even throughout the day I'll think about ...

MW's trading journal

Hey Trublu, How's it goin my man? The E/U trade worked out to an extent but I got out at cost plus a pip on it's retracement. Looking to the higher ups and then entry on the lowers is a solid strategy. I've been doing just that for a while now. The ...

MW's trading journal

Before I get off for the day (That sounded bad), here are my reasons for having gotten long on the euro. There was a 4 hour bullish continuation setup that printed as a pin bar. Following this was bullish 5 minute price action at the 21 ema. Money ...

MW's trading journal

Don't call it a comeback, I've been here for years. - LL cool J. lol Anyway, I'm going to be posting in here again from now on as I don't want to dilute other threads with my gibberish. For the most part, I trade the 4 hour, 1 hour, and 5 minute ...

MW's trading journal

Here's another one of those setups I was talking about. I'm going to end up opening a journal back up for this as I don't want to dilute Jankone's thread. I'm just posting on the power of it so that maybe somebody can gain something. That 4 hour ...

Jankone M5 thread

Sounds excellent brother. Confirmation counts, that's for damn sure. I personally check the 1 hour and 4 hour charts although I can't speak for SC and Sho. If I see a setup on the 5 minute, I'll typically check the hourlies to see if it's in line ...

Jankone M5 thread

Excellent view. BTW Sho, I just checked out your profile and I just wanted to say that I love your outlook on life my man.

Jankone M5 thread

Hey Stoli, how's it goin brother? Just like Supreme and Sho said, I normally see if there is anything on the higher timeframe and then move it to the lowers. My favorite setup while incorporating the 5 minute charts is to see price action on the 4 ...

Jankone M5 thread

Have I ever mentioned how awesome it is to see higher timeframe setups and then just wait for the pullbacks on the 5 minute for various entries within that trend? It's pretty damn awesome to hear that register ring. You maximize your profit that way ...

Jankone M5 thread

Click on the arrow right beside his name that's in quotations in my post and it'll take you there. No need to be sorry at all my man. ya beat me to it SC, thanks brother!

james16 Chart Thread

Everybody go back and click on this chart from Big Jim. I'm hoping that it gives somebody else what it's given me. I still remember the rain and this chart was my rainjacket.

james16 Chart Thread

Price action is price action regardless of what meaning people put behind it. One person will claim something while another can claim something that is the polar opposite. Follow price, not people...and you'll do great.

EURUSD

Agreed entirely. I'd actually make the claim that success in any business/movement/activity/whatever comes down to the I-will-not-give-up-until-I-die-and-even-after-I'll-be-kickin-ass attitude. That's what separates the front-runners from the ...

Psychology is nothing

I'd rather eat out a bull's ass than read this thread again, but...Psychology is everything. Everything that you've ever done and/or experienced stems from your psychological reasoning. If anyone holds a different thought than this, guess what, it's ...

Psychology is nothing

Is anybody still running the 50 sma on here or did you cut it out for the most part? I was just checking out Phil Nel's 5 minute thread after running through Ryanmcd's posts again and noticed a pretty nice filter on trend trades regarding the 50 sma ...

Jankone M5 thread

!!! Damn Steve! Milkin it for all it's worth!

Steviet's Live Trades!

I think that it comes down to not wanting to or being afraid to take that inevitable loss. Scaling down will make you a hero when it works out, but when it doesn't you're just a sinking goat. Scaling up however is a method that works perfectly fine. ...

why is everyone so afraid to average down?

Most definitely. I've recently befriended a couple guys who used to trade in the pits and they say the same thing. There really is no advantage other than your mind and adaptability.

Floored, the movie