About limits, I spent years, Monday to Sunday, every moment I was awake looked at price on charts to figure out how the market works. Learnt to code mt4, wrote my own indicators by the thousands that sadly don't work. I seek answers to every ...

The Loneliness of the Long Distance Trader

Note from here how long the wait before there is any reason shown by price.

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Predict what the market will or will not do is another word that is a major hindrance to the trader. It is only natural that the trader believe and hope that price will do according to their prediction. Edit - the number of traders who predict ...

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There are plenty of good charts posted on this thread. But very few actually trade their charts. This means that very few understands what their own charts say. They didn't do the research why they put up the indicators or trendlines on their ...

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Like other professions you have to pursue trading at all cost to master it. The problem is there isn't a formal curriculum you follow that we eventually graduate as a competent trader. There is no guarantee that we will ever be competent traders ...

The Loneliness of the Long Distance Trader

1.1450

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Although I missed the bottom by 31/2pips that's the day low level. I posted this significant level which is the real support(1,1321) for the day. It also signifies the point where the market will launch to make it's biggest intraday swing move for ...

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Is this insignificant candle the low of today, we shall see.

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Buyers at 1.1325?

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We all want things for free. We prefer to self educate. Truth is learning to trade is difficult. Learning to trade without a teacher makes it even more difficult. Sometimes it is good to admit it is impossible, it saves the wasted years. Some may ...

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The issue here is whether the trader has covered the major spectrum of the market permutations during the period that he trades - bull and bear market of different volatility trading the same setup rules. With 9months of daily practice looking at ...

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The word 'scalper' is more related to the current market range that the trader operates in that is directly related to the sl that the trader uses. Instead of the 10pips profit, the scalper sees the current market volatility is suitable for his, say ...

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To be a professional, the entire trade setup has to be rules based. Every aspect of what you do or do not do is covered by rules that you adhere to. You wrote those rules after you have studied with large sample size of the same setup and based on ...

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You are spot on. Average 2 >=30pips move a day. Yet few traders are aware about this very important fact. Funny isn't it ? 10pips scalp can turn into a 30pip move, 30pips mid-range swing can turn into a 70pips move. It comes with bonus thrown it.

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Are you aware this 10pips a day is the most difficult part of trading ? Scalping for 10pips is the most demanding form of trading, a specialised skill to acquire. There are 20-30 pip intraday swings that you can trade. It is a lot easier than 10pips ...

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Amen

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There's a lot of ego and pride on this thread. Bad question to ask. If you still want an answer read the posts here, there are plenty of predictions - bulls, bears, stay out, whatever. Plenty of choice for you. You want to be a better trader - get ...

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There is no pessimism or optimism with the market. The market is what it is, it does what it does every trading day. The market will never do what the "experienced" trader say it will do. Not a chance, not in a million years. True experienced ...

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If you want to be good at trading, especially those new to the business, stop predicting the market. Don't go down this common trail to predict the market which is an impossible task. Allow the market to tell you what it wants to do. It won't do ...

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Now this analysis is spot on. The entry is much later. It carries a lot of weight if it's done at the market. Read the earlier posts on here today. How many predicted the market ?

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