Hello Kiwi Trader - you are very welcome here and I look forward to your contributions I was about to comment on your original post, to say that I personally did not make use of Fibs. Then I saw your more recent post (quoted below if I have the ...

Trade Anatomy - ramblings of an old-timer

You are very welcome here LasVahGoose - interesting user name! I look forward to your contributions also. Kind regards, O N D

Trade Anatomy - ramblings of an old-timer

Thank again HH Maybe I should write a novel - haha. Kind regards and keep up the great work, O N D

Trade Anatomy - ramblings of an old-timer

AUDUSD for Astellas — Astellas, Very brief reply regarding your AUDUSD scenario. Your trade plan is certainly viable. Whether the market will bend to your will is another matter A general suggestion I would make is to analyse the chart to ...

Trade Anatomy - ramblings of an old-timer

Thanks for providing your thoughts Smikester. You are absolutely correct in finding your own style of trading and I will doubtless repeat this statement many times during the thread. If your style of trading works for you financially and provides ...

Trade Anatomy - ramblings of an old-timer

Hello Astellas - thank you for the welcome back I'll try to answer as many of your questions as I can but want to take a 'one step at a time' approach if I may. Please do remind me in due course if I forget anything as we go along though. The ...

Trade Anatomy - ramblings of an old-timer

Over To You — I've exhausted myself with all that rambling so time to step back and see where this thread goes. What I do next will be dictated by whatever future contribution there is from the community here. After all, there are no squiggly ...

Trade Anatomy - ramblings of an old-timer

My reply — And here is my rather lengthy response to that email: Firstly, your entry was logical. You saw something happening within the bigger picture and you drilled down and correctly identified a good entry point. Almost always, the trades ...

Trade Anatomy - ramblings of an old-timer

A Trader's Query — OK. Here is the email I received after I agreed to offer my thoughts on his trade. I will also attempt to get over my lack of technical abilities by posting the chart he attached! ____ Hi OND Attached is my annotated Euro ...

Trade Anatomy - ramblings of an old-timer

Links to previous thread/posts — This is the excellent thread I mentioned that was started and lovingly maintained by Feb: url As you might expect, no two traders will have exactly the same methodology (even if they appear to on the surface) ...

Trade Anatomy - ramblings of an old-timer

Introductory Ramble #2 — Before I start looking at some trades, I want to set out some ground rules if I may. I can probably best do this by clarifying what this thread will be and what it will NOT be. Apologies for being so formal but I have ...

Trade Anatomy - ramblings of an old-timer

Very best of luck with the trading journey You are doing a lot right and the logical steps you are taking will eventually lead to consistency and confidence. You might even manage without those moving averages I wish you a long and profitable ...

Watch the rise (or fall) of a trader gone naked

You are very kind, HH - thank you. The freedom of being semi-retired and being fortunate enough to be financially secure means I get distracted by trips around the world a great deal. Hence I tend to post rather sporadically However, I answered a ...

Some lessons from the real world

In my view, traders get more benefit from following this thread than reading any hundred 'system' threads. Quality contributions, Hedginghog. And, as you rightly point out in the initial post, these reflections are providing you with excellent ...

Some lessons from the real world

I'm not sure I need to 'put my ego aside' and read the links you provide in order to provide you with a reply. Ultimately I don't much care that we disagree and I'm afraid no amount of you providing links or vehements arguments with exclamation ...

Your Daily Pip Goal?

I've had too many to recall over the years but I think the most insight I gained into my trading came when I realised I had a natural tendency to be bearish. In trading terms, this meant I was much more comfortable short-selling and I was very wary ...

AHA moments in your trading career

I think you are perhaps confusing goal setting with expecting the market to bend to your will. Goals in trading should, in my opinion, be based more around such things as: * I will only trade when my mindset is correct. * I will trade what I see - ...

Your Daily Pip Goal?

I remember having this same discussion many years ago. It involved an aggressive young buck who always had a desire to feed his ego. If only he made X each week, he'd be satisfied with life. Of course, it was a fallacy and I told him so at the time. ...

Your Daily Pip Goal?

It is really heartening to return to this thread after so long and see how it has progressed in the couple of years since I last posted. Feb has indeed provided you all with much wisdom and guidance but, more importantly, he has done it from a ...

The System (Irony included)