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- GEfx replied Jun 11, 2021
Okay thanks! I agree that posting charts before the trade is difficult. I have done this on my journal, but it takes up valuable time and takes focus off the charts. I try to be as rea-time as possible when posting there. But thanks for the note on ...
The brutal truth of day trading
- GEfx replied Jun 11, 2021
If you care to share, what is your $J target? I have several above you now, one being pretty close, but I won't mention them now because I don't want to influence you in any way right now.
The brutal truth of day trading
- GEfx replied Jun 11, 2021
If you are looking at charts right now, you see another surge entering the market on the G$, A$, GA, and $CAD. I am exiting all trades now, on this surge and ahead of the weekend! Trade well everyone!
The brutal truth of day trading
- GEfx replied Jun 11, 2021
I have posted contemporaneous trades on my journal. The following chart is typical of my trades. It contains lines and fibs and other TA. I hope this can be used to dispel the notion that TA is bullshit. This is my GA trading today, and I would be ...
The brutal truth of day trading
- GEfx replied Jun 11, 2021
Well done! A few posts ago, RickM commented on being aggressively patient. I tend to be patiently aggressive, maybe just stubborn sometime, and hold to targets. Glad your $J came around today. I looked at the $J earlier, but passed on it going ...
The brutal truth of day trading
- GEfx replied Jun 11, 2021
I sold the A$ a few hours later than you (and bought the GA just ahead of selling the A$). As before you were in ahead of me! Well done!
The brutal truth of day trading
- GEfx replied Jun 10, 2021
Two trades in the G$ today. I just took trade 1 off with +50 pips, trade 2 is still open with a -4 pip stop, targeting the -.618 fib extension. I had a few sell trades in the $CAD this morning after the FA in the US, but only got around 15 pips out ...
(binned per thread starter’s request) GEfx Trading Journal
- GEfx replied Jun 7, 2021
The thread starter has posted three times (yes -- 3) in this thread. He seeded this thing, then jumped ship, long ago. The thread topic has evolved somewhat, but every time a trading discussion gets started, it is quickly derailed with a long and ...
The brutal truth of day trading
- GEfx replied Jun 7, 2021
Peter ridicules people for putting him on their Ignore list. I would never give him that satisfaction. I've challenged him to spend a trading session with me, on line together, right here on this thread. Nothing complicated or complex. Just post ...
The brutal truth of day trading
- GEfx replied Jun 6, 2021
I posted a comment above that contained 4 items in its message: -I reviewed the topic of this thread -I commented on my participation and thanked those of you who have participated -I critiqued Peter's contribution to this thread, or lack there of ...
The brutal truth of day trading
- GEfx replied Jun 5, 2021
The subject of this thread is, brutal truths in day trading. It is a place where people can share and discuss their brutal truths and experiences in trading. In effect, this is a learning place, where your experiences and perspectives can be ...
The brutal truth of day trading
- GEfx replied Jun 3, 2021
Regarding fibs, when I started trading the forex, my mentor told me to fib everything and observe, and after doing thousands of fibs on several thousand charts, I started to recognize when to use them, and how they approximate banker trading ...
(binned per thread starter’s request) GEfx Trading Journal
- GEfx replied Jun 3, 2021
I was very interested in the GA and EA this morning, given the PA on the A$. I was late with my entries on both today. image
(binned per thread starter’s request) GEfx Trading Journal
- GEfx replied Jun 2, 2021
Here are a few more brutal truths about day trading, which were inspired by some comments I just read here. 1. Forex is not a business. It is a tool (yes, there are business organizations that manage the forex technology, but that is not what we are ...
The brutal truth of day trading
- GEfx replied Jun 1, 2021
RickM, 30 trades in a day is amazing. I'm lucky to do 30 in a week. But we're focused on complete different time frames, so maybe that difference should be expected. I read your brief exchange with TraderTim, which inspired me to research my own ...
The brutal truth of day trading
- GEfx replied May 28, 2021
How did I miss this gem? You are, if nothing else, consistently arrogant. But, never mind about the challenge. You are passing up on an opportunity to learn about trading the forex. So you go on talking about learning, and criticizing everyone, ...
The brutal truth of day trading