Exactly, that's why so many people never get to see this phase and that's a shame. Better trader = better human being, for the most part.

Why do we trade?... no really, why?

If you were to write that out right beside your screen, I'm sure it would begin to sink in for you. Simple stuff really, kinda like a positive affirmation.

A Gem from Merlin

The knowledge you gain from it leaks into all other aspects of life. That's a fact. Trading takes you on a journey for self and through that you gain so much it's unreal. From there, it's up to you what you do with it.

Why do we trade?... no really, why?

No worries man, it happens. It happened to me just the other day. I think it also stems into momentum. When those moves happen, momentum picks up. You need to make sure you're on the right side of it.

Jankone M5 thread

You traded right in the news. I don't know if anybody else takes news into effect while on the 5 minute but I know I do.

Jankone M5 thread

Two last night were closed for 140 and 60 pips respectively. Here's one today that I plan to see build into a running position. When news comes out, my stops will be at B/E so no worries there. Usd/cad.

Jankone M5 thread

It's fantastic and thanks brother! Believe me when I say the feelings are mutual my man. IMO, that's the best way to trade any method. Let those winners run, easier said than done and it does take practice.

Jankone M5 thread

Here's the same deal on the eur/jpy as on the gbp/jpy. Just entered based on this setup and will be hoping to see 134. Thanks again Ryan.

Jankone M5 thread

Thanks my man. I'm not going to lie, this is even more exciting than my work with I4Bs. I added again at 150.13 on the retracement and now I'll just be waiting, considering that we just broke that 4 hour pin downwards. I love the fact that a 7 pip ...

Jankone M5 thread

I love seeing these setups when in accordance with higher timeframe setups. This time, the higher setup was the bearish 4 hour pin bar. this is simply a waiting game. I actually like seeing price action at the 50 like this more than any other. Entry ...

Jankone M5 thread

With that attitude, nothing can hold you down. Damn, it's infectious. It really is and I love it.

Jankone M5 thread

It looks like your spread may have popped out a little bit on volatility. If that was earlier in the morning, I'd put that as the best bet.

james16 Chart Thread

I was the same way and, truthfully, I still am when it comes to higher timeframes. I feel that you should learn on highers if you want to be successful. It "learns" you a lot slower and things sink in faster. You also learn patience not to trade ...

Jankone M5 thread

Amen. I was entirely skeptical on this when I first looked into it, but now it's a part of my everyday trading. The best thing is catching runners with this. That's how I work with this method, I couldn't make it profitable just trying to inkle out ...

Jankone M5 thread

Right click, save as. That's excellent information Strat. I'm really enjoying the read through on the path of learning. Thank you for it. I've gained even more knowledge on my path because of your work.

Strat's Long Term Stress Free Trading

I'm in agreement with that view, however I see the previous bar highs as a support area around 1.5010. (outlined in blue on 15 minute chart). The real question should be what type of trader are you? Longer term or shorter term? Shorter term, yes, I ...

EURUSD

For the Fool. I'm waiting on a touch of .91 again before any real fireworks go off IMO. If not, I doubt I'll be having any trades on this pair anytime soon.

EURUSD

That pair is definitely an S/R trading pair. (Check out James16's recent posts on his touch trading.) It will take off from S/R to S/R without much in between. Regardless, price action still reigns king just like on all the other pairs. You said you ...

EURUSD

I do, my good man. The weekly says it all right around now. I'm waiting for another retrace for another short opportunity. How about yourself?

EURUSD

I entered in at 1.5945. Either way, it was heading to 1.60 IMO after that retracement so why not take the better price; If you have a solid conviction, you trade it.

james16 Chart Thread