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clockwork71 replied Feb 28, 2009This will come in time. I want to really pound some basics in everyone's head at first. However, it's all based on price action......with a few twists. I warn you though: If you plan on trading for a living using this method, you are still going to ...
Silent Service Method
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clockwork71 replied Feb 28, 2009No, this looks good. Summed up nicely. Clockwork
Silent Service Method
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clockwork71 replied Feb 28, 2009I know this seems ridiculous, but it really will respect levels many, many years later. If you pull up charts and look, it shows up. It's called "market memory". This is one of those "I don't know exactly why it happens, it just does." But remember, ...
Silent Service Method
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clockwork71 replied Feb 28, 2009In the future, turn off the grid lines....it will make it a little easier to see. But from what I can tell, you are pretty much on the money. I would suggest using round numbers only. (understanding that it's a ZONE, not an exact pip line.) Clockwork ...
Silent Service Method
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clockwork71 replied Feb 27, 2009Nightly homework. — While you are waiting for a good trade set up, I suggest you do something nightly....It will give you years of experience in a short amount of time. One way to think of it: If the average trader looks for support and ...
Silent Service Method
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clockwork71 replied Feb 27, 2009Another example. — Mini Gold....April 09 contract.
Silent Service Method
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clockwork71 replied Feb 27, 2009Other places. — Let us not forget the stock market. I firmly believe that the stock markets are where it's at lately. However, you have to be able to short stocks as well to make money these days. I have been doing well shorting lately.... ...
Silent Service Method
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clockwork71 replied Feb 27, 2009Only in so much as it's better for you.....we all see the market a little differently. It's about how you perceive things. I love Janet too! Greatest movie.
Silent Service Method
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clockwork71 replied Feb 27, 2009Practice, practice, practice. — One thing I did when I started to become serious about this business was to practice. I practiced on Forex Tester a lot. (A great investment if you ask me.) I also practiced identifying support and resistance. ...
Silent Service Method
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clockwork71 replied Feb 27, 2009Not all areas are equal. — You need to know that not all support and resistance areas truly matter. Anyone can pull up a 15 minute chart and start drawing support and resistance areas, but do all of them mean anything in the big picture? ...
Silent Service Method
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clockwork71 replied Feb 27, 2009There is nothing new. — One issue all musicians seem to run into is the idea of being "original". It's not really an easy thing to accomplish to be honest. I spent so much time worrying about being "different", that it became a little bit of ...
Silent Service Method
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clockwork71 replied Feb 27, 2009Perspective. (Quality vs. Quantity.) — The biggest trick with trading Forex is that we are lead into it thinking about all the riches just waiting to be picked up. What most of us hear all too late in the game is that there are simply times ...
Silent Service Method
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clockwork71 replied Feb 27, 2009The silent part. — As far as news is concerned, I have several issues. I have tried to grasp it's importance and effect on price, and have failed. Luckily for me, it's profits that matter, and not understanding. (This is why perhaps most of ...
Silent Service Method
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clockwork71 replied Feb 27, 2009Expectations. — I know that there are going to be people bitching about me not posting any charts right away. It's alright, they can leave at this point. The truth is I have found most of what makes a profitable trader isn't based on charts. I ...
Silent Service Method
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clockwork71 replied Feb 27, 2009Freedom. — When we start trading, we do it based on some idea of what is possible. Normally we see some ad that has a rich-looking person standing next to their Lear jet or something like that. Of course that can be us, all we have to do is ...
Silent Service Method
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clockwork71 replied Feb 26, 2009On the IBFX feed, it was a pinbar....... Oh, I shorted it....and here we are.

james16 Chart Thread
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clockwork71 replied Feb 24, 2009I couldn't agree more with this post. I love putting on a trade, and going on about my day to find that I made profit while at the movies with my sons. (a recent example.) To me, that's trading. It's the ability to make money while NOT working or ...
What would you prefer - many or few trades !!!
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clockwork71 replied Feb 18, 2009True, I wasn't necessarily talking about staying out for long.....just that you need to follow the move, not anticipate it. The various markets are going to make a move, and soon.....I would suggest that we will start a long term trend soon. It's ...
Sometimes it's just not worth it