Well, we're pushing down off double tops right now pal. The daily close on cable did not turn out to be super duper for longs, closed inside the prev daily high. Am waiting to see how hourly candles close around 5575 to see if she'll set up for ...

Trade what you see NOT what you expect

Best of luck

Trade what you see NOT what you expect

Agreed mate, you'd be looking for a further push up tomorrow.

Trade what you see NOT what you expect

Interesting afternoon on cable today with a big parabolic move. Wonder how many folk got trapped shorting all those pins and shooting stars on the way back up to this level?

Trade what you see NOT what you expect

Yes, and in the end we are all different- you can't fit a square peg in a round hole! Some methods will just "fit" your personality. It's important to give whatever approach you're learning a chance and then decide what works for you. Some ...

Trade what you see NOT what you expect

I've never really understood the desire for people to concentrate on just one aspect of trading. "I only trade S+R" "I only trade trendline breaks" "I only trade S+D" etc. The whole process of learning to trade to me was to pick up on things which I ...

Trade what you see NOT what you expect

Smart move and you can always look for a better entry. Not sure it'll move too much now until NYO.

Trade what you see NOT what you expect

Good stuff 131. The more you look back at your charts, the more you realise that EO and Infinity essentially used S+D before the term had really taken hold in trading circles. they were using the same principle but for them, it was just where people ...

Trade what you see NOT what you expect

Be careful with that as we're in a strong uptrend right now bud

Trade what you see NOT what you expect

There's no other choice and I think he knows it. My long term plan is to use trading as a means to start a more traditional business on the side. I think I'd get a bit bored simply trading markets day in and day out for the rest of my life (i'm 34). ...

What would you do - time/money spent?

Took a look at this myself. Definitely not a H+S or quasi, no run up to it at all. The only thing I see of potential interest is a slight higher low which could possibly be seen as a double bottom of sorts as the second low was not significantly ...

Trade what you see NOT what you expect

Let me direct you to the thread on here that has delivered me most of what i've ever needed to learn about this market. "Trade what you see NOT what you want to see". Search through 2500 pages of intraday trading using the approach described. Two ...

At What Point Do You Give Up On Forex

Great trading people, enjoy the weekend and all it brings you!

Trade what you see NOT what you expect

Google is your friend Here's one for starters: url

At What Point Do You Give Up On Forex

Yep, that's exactly what it is which is only an element of intellect IMHO (an important one for trading though, no doubt). Why IQ tests are given the reverence they are is peculair.

At What Point Do You Give Up On Forex

Don't bother. I love IQ style tests and am blessed with a reasonably high one according to the tests i've sat but strangely, the IQ level rose the more tests I sat. You can actually learn how to get good at this style of testing, with practice, ...

At What Point Do You Give Up On Forex

Yep, but perhaps not all of us do it. I recoil at some of the stories I read, they flabbergast me. People talk of great months of epic growth, wiped out in the last few days of the month "in a few trades". Crazy stuff. The lack of discipline and ...

At What Point Do You Give Up On Forex

Agreed. So the hard task becomes trying to fathom the point at which you've given in your best shot for the appropriate amount of time. That's not as easy to do as it is to say. I'll be frank, I have had many head in hands "I just can't do this, i'm ...

At What Point Do You Give Up On Forex

No problem mate

Trade what you see NOT what you expect

Man, have you ever got the damned midas touch right now Even your experimental trades are coming off! Just out of interest and by all means don't reveal it if you aren't comfortable doing so but what's your growth looking like for June so far? ...

Trade what you see NOT what you expect