S/R psychology Well while im at it lets do some S/R psychology shall we? And to make it interesting, lets take this late friday move on E/G. Though what i say here matters to ALL instruments and so on and so forth. Also, you might want to look at my ...

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Yeah, most people sit around waiting all day "for a setup", and often it means price is changing fast when they think they have their setup. But if you are thinking only like that you have NO WAY of knowing when your TP is due or when your SL is ...

Want to know how to get rich?

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Want to know how to get rich?

Food for thought image image image Well folks, there is a good chance thats the last statement you will ever see from me. Because of some very fortunate events that apparently has transpired this weekend. Because of those events, i will post ...

Want to know how to get rich?

I am answering the question of how to get rich using the thread, the thread IS the answer to the question. Like i said in this post url talking about personal things like psychology and money is problematic in a public forum. So i dont think you ...

Want to know how to get rich?

Ok you do that. Personally it seems not supported by data to use a 500:1 or 1000:1 leverage, but hey, if thats whats float your boat. To me 1:50 is probably all i will ever need. 1:10 is more the usual thing and even 1:1 SHOULD be all thats needed ...

Want to know how to get rich?

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Want to know how to get rich?

image If we look at this chart, all the answers are already there, it contains no inherent problem: image Maybe im just looking for too much precision. But then what else am i going to do? Maybe the answer lies in more carefull study of S/R? ...

Want to know how to get rich?

Probably. There is not much justice left in this world. If you want some of it you are going to have to create it. Maybe with a sword, maybe with a sharp mind, maybe... uh with smart questions. Not so sure that was a smart question though, but im ...

Want to know how to get rich?

If i am only looking at H4, i think im still satisfied with these S/R.

Want to know how to get rich?

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Want to know how to get rich?

A lot of people have the idea that they are going to remove the unimportant bits of price. They want to remove the interference, that static so to speak. But what if price is what it is and there cant be no such thing as unimportant parts of it? ...

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Want to know how to get rich?

image That view has some merit, so maybe i enter small?

Want to know how to get rich?

Right now im thinking about these similarities image image Why? Lets say i aproximate i would have 82% winning positions if i didnt consider this. Counting spread and slippage the loosers are maybe 12 pip while the winners, after spread is 10, ...

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image Of importance is yesterdays very tight range. As long as we are still in that, i dont like it. Probably i should confess that i WOULD rather want to look only at a H4 chart and wait lets say 4 hours at least between every decision. But i ...

Want to know how to get rich?

Ok, well why not? Keep digging, its the only way to find out

Want to know how to get rich?

Well you know what helps? Statistics. If it all adds up in +, there ARE no losses. Then losses is just a temporary accounting issue. Think of it as expenses. ANY business has expenses right? If you are selling ice cream or cars or heroin or missiles ...

Want to know how to get rich?

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Want to know how to get rich?

Oh i can trade, i didnt say i cant. I am really good at trading. I dont need to prove that to anybody. I dont have an interest in proving that to anybody, i have a lot of other things to do. But i am better at technical analysis. And like i said, i ...

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