Ah yes, my marriage is doing well, always room for improvement but my wife has been nothing but extraordinarily supportive, even though I may have been a jerk once or twice in the past few months . She actually keeps telling me I can't give up, ...

Giving Up

Ah, so this loss of confidence does happen more than once. Something to look forward to I guess . Thanks for the post, it's nice to know I'm not the only one who has gone through this.

Giving Up

Thanks for all the posts everyone. As Mike mentioned I am definitely at the point where I am broken down more than I ever have been, this trading game is like nothing else I have ever come up against. More effort and more time has always solved my ...

Giving Up

I'm talking about the time frame I am on. The 1hr time frame might be in a consolidation for hours and hours but the 1m chart during that time can be providing plenty of trends to trade. I think you have it figured out though, if the coral is flat ...

THV system, final edition

Macman, this is really interesting stuff you posted. One of the real problems someone can run into trying to scalp the 1m chart using thv3 is the periods of consolidation. I have downloaded your indies and template and set it to the 4 pairs I look ...

THV system, final edition

I really think setting hard profit targets gets you into more trouble than needed. The market is not rigid, so it is unreasonable to set rigid profit targets, IMHO.

THV system, final edition

The only thing that went wrong is you let a 7 pip gain on a 1m chart turn into a loss. Also I would not have taking the long when price broke back above the coral, I like to wait for a break and pullback to the coral before considering taking an ...

THV system, final edition

Ah ok, my apologies, I should have put two and two together when you have said over and over you go for 10 pips, and then mentioned that exit strategy.

EUR/GBP Trendmagic System

Do you ever lose! Looks like you have a high percentage win ratio, if you don't mind me ask what size stop are you using? I looked back through your posts but didn't see that anywhere, my apologies if I missed it.

EUR/GBP Trendmagic System

Trading is not about being right. It's about taking a risk with good probabilities, watching to see if you were right or not, and then acting accordingly. If you had been drawing some trend line on 5m this last 5m short would have been right into ...

THV system, final edition

Don't feel bad, I took the setup off the 1m chart, watched it go 40+ pips in my favor, then watched it come all the way back and stop me out at BE I think I would have rather missed the trade than to have done something stupid like not taking ...

THV system, final edition

You asked why it went wrong, I told you what I thought! Obviously if it was not necessary for trading divergences then that trade would have worked! Anyway, you posted a chart, told me it was a long position you took, but on the chart the only ...

THV system, final edition

In that case I dont see a cross of the trix...

THV system, final edition

Why are you shorting against the coral? And against such a strong up move?

THV system, final edition

Thanks for the encouragement! The funny thing is, I am comfortable with completely naked charts on the 5m time frame, I spent many hundreds of hours trading FTI style last year, I was fortunate enough to find his thread about 1 month into my forex ...

Psych Levels, Pivots, and Trendlines - Resurrected

I was talking about a trade several hours ago, not right now, sorry! Should have clarified... I'm not in the habit of trading around the news, and probably never will start.

Psych Levels, Pivots, and Trendlines - Resurrected

I have not been attempting any trades the last few days, just watching price action around these levels without the clutter of indicators. I saw a trade on the 15m EU earlier short off the 4100 handle / weekly midpoint that I liked but did not take ...

Psych Levels, Pivots, and Trendlines - Resurrected

This kind of stuff is what happens when you put people in charge of our government, who have no idea what the hell they are doing... only now were swinging to the other side with Obama and Timmy!

NFA New Rule Not allowing stop and limit orders

Trading under the DP now, so only looking for short opportunities. Were sitting right on a confluence of Weekly Pivot, Daily S1 and the .4000 handle. I imagine there is a lot of stops collected under the 3880 area from the day traders who went long ...

Psych Levels, Pivots, and Trendlines - Resurrected