Good to hear. I hate to see good info disappear into the FF abyss. I like the moth to a flame analogy. LOL It is so true. Was there myself not so long ago.

PA by Julexo

Exactly my intention. Good stuff here for those that will look.

PA by Julexo

Where's Julexo? Be a shame to see this thread die.

PA by Julexo

Exactly! I am only aware that something could happen. Not really the usual S/R levels though. More of an area where heavy buying or selling took place. Could be 50 pips in width but there is a good chance that more buyers or sellers will come in ...

My trading journey

Suma, I hope you took no offense to my answer? I was merely stating how I would handle the situation. If so, please accept my apologies.

Technical Analysis Fallacy

Yes sir, guess it's gonna be what it's gonna be. Sure not gonna set well with me to see my boys work their butts off in school and sports just to watch it all go to hell because a bunch of dummies think they know what is best for all of us. Rome is ...

Technical Analysis Fallacy

Pretty sad state of affairs these days sir. I am beginning to worry about how it will be for my boys. Scares the hell out of me.

Technical Analysis Fallacy

Dongsky, I hope you don't mind me posting my thoughts? or links to other threads. If so, feel free to delete anything that is undesirable. Good trading to all this week. Mike

My trading journey

Thanks Lusan. I hope soon I can be of help to others. Think I am still a bit green but think I'm gettin there.

Technical Analysis Fallacy

I would wait and trade the range in my direction adding as much capital as I could to my book until things started going my way. I was underwater pretty deep for 4 days last week and finally managed to bring it all back with a meager profit. The way ...

Technical Analysis Fallacy

Good to hear I wasn't the only one! This sounds almost exactly like my story. I only made a couple dollars profit by late Fri before close but after a 4 day battle, I was pleased with it.

Technical Analysis Fallacy

Check out the thread I posted in my reply to AllenS. It will help you see where price may react and give you more confidence. If I am in a trade and price is getting close to one of these areas, I start scaling out. I just got caught off guard last ...

My trading journey

No offense taken at all. The method to my madness isn't rescuing against the trend. That is suicide. I know from previous experience. LOL I simply take new short term trades (scalps if you want to call em that) at key areas to build back my losses ...

My trading journey

Would if I could. Didn't grab any screen shots though. I got caught on a 3rd level down on tuesday I think when price shot back up and I didn't react to the change. Then all I could do is take a big loss or fight. I chose to fight. Missed a couple ...

My trading journey

Thanks for the reminder. AllenS Never hurts to here those rules again. This was real money and I refused to take a loss that big. I just kept doing ants work until I got my money back. Small quick trades that kept building until I was able to rescue ...

My trading journey

No hope involved. It went against my third level so I waited and took profits on pullbacks until I was able to get back to square with a couple dollars to boot. Just had to keep taking those small profits.

My trading journey

I agree! Well Done! Just finished a battle that started on tuesday. Was down almost 25% at the worst point. Came out Victorious in the end with $3 profit LMAO! what a week! Glad to see you guys did better than me. Good Trading Mike

My trading journey

Lookin good at the moment. i trade a bit differently than you guys do. I use no stops and battle with multiple positions. Been in a fight for almost 2 days. I do use the S & D levels as places to rescue bad positions though. Thats why I like this ...

PA by Julexo

I'm in with ya @ 1.2603. No pic because I only use Mt4 for demo and my platform only shows my average to BE.

PA by Julexo

Something is better than nothing. Only played chess once in my life, beat the person who showed me while being taught. Beginners luck I'm sure. LOL. Great game

Technical Analysis Fallacy