1283 for shorts tomorrow cindy...wait for h1 or h4 to close down If you look at the poll on page 1 and add all the traders who only use 1 TF... that's an interesting %age

Need luck or skill for trading?

I didn't get the long, I wait for H1 or H4 confirm of daily SR and the first h1 went straight to TP, happens sometimes, especially if gentle Ben's doing his thing.... In general I take no notice of news because it tends to just accelerate price ...

Need luck or skill for trading?

mmmm.... are you asking me if I make mistakes because i'm a control freak....? Yes I do, but my analysis is rarely wrong. Arrogant, maybe.... I like to think of it as confident in my analysis based on past results. Fact is price leaves clues and ...

Need luck or skill for trading?

A skill is the learned ability to carry out pre-determined results often with the minimum outlay of time, energy, or both.

Need luck or skill for trading?

ok 1283 it is then... so luck, skill or news?

Need luck or skill for trading?

Long Gold today... wait for price to turn first H1 or to be safer H4... if not from here from 1288, then from 1283 or 1279.4 Watch SR, wait for Price to confirm, set appropriate technical SL and TP... No luck required.

Need luck or skill for trading?

nice going pipmunk...

H4 Power

if you need a laugh I did some video's on my blog h4power.wordpress.com

Need luck or skill for trading?

hahaha... forexfactory, the home of the pointless and annoying debate....Can we use the term "The Force" instead of luck then?

Need luck or skill for trading?

hehehe... well that's pushing it a tad too far... Do you not decide where price is going then? I though you decided AU was going down? or did somebody else decide for you?

Need luck or skill for trading?

I suppose that's fair... in general I decide where price is going, trade to that point and exit. If you truly understand markets and how they work then luck wouldn't be a consideration. But if you feel you need luck then I guess there's no problem ...

Need luck or skill for trading?

well I wish you luck Cindy... im not trading AU, i'm long gold though

Need luck or skill for trading?

The coin toss traders were not unlucky, they were just stupid for risking money on 50% win rate 1R trading, and the coin toss traders that won were also stupid for the same reason. A skilled trader will be consistent, a skilled trader has repeatable ...

Need luck or skill for trading?

data doesn't move price traders do... They had already decided last week that they still wanted more longsies Interesting fact 50% of the time price moves in the opposite direction of the last bar, the other 50% price moves in the same direction. ...

Need luck or skill for trading?

It wasn't luck Cindy it was lack of skill... AU is clearly long on daily and weekly TF, sorry

Need luck or skill for trading?

Can you define what events in trading you could class as lucky and unlucky? are we saying lucky would be pressing buy when you intended to press sell? Can you give an example of how it is likely that any of these events would occur often enough of a ...

Need luck or skill for trading?

"Philosophy is written in this grand book - I mean universe - which stands continuously open to our gaze, but which cannot be understood unless one first learns to comprehend the language in which it is written. It is written in the language of ...

Need luck or skill for trading?

what is occurring is simple to read if you know how to look at it image

Need luck or skill for trading?

url

Need luck or skill for trading?

nice pipmunk!

H4 Power