"The man who is a born Bull, chronic to the core, will never succeed; neither will a chronic Bear succeed any better. You must have no sentiment in the way you make money in the market. Your aim and object should be to make profits and you should ...

Quotes and Videos for Traders

Finally some action

AUDCAD

Waiting to see if it will break the dashed horizontal purple line in the nearest hours. Will manually trail stop lower if a bearish trend unfolds. If I get stopped out, than so be it.

AUDCAD

It will be opening very close to the current candle closing price. Now if prices go above its open, than it will be a bullish candle. If the prices would be lower, than it would be a bearish candle. Upon reaching the High Low of the red candle and ...

A jump to the beginning - chaos and market forces

Seems to be the same even with non standard times for daily open

OHLC Strategy

What time is your daily OHLC though ? As far as I know, people have different daily OHLC because of brokers. I mean what hour of GMT do you define as your daily open ?

OHLC Strategy

are you still in? Just noticed that London session started (it always makes me nervous), I`m expecting to get out if price goes above 1.07145. As for how far it could/ or couldn`t go down... nobody knows The only thing we can do after all, is ...

EURUSD

Thanks madam )) I see that you also like to cluster your chart with orders

EURUSD

This is going to be interesting

EURUSD

P.s. I`d watch for break of 1.06980. Set a sell stop order there.

EURUSD

I used to cluster my chart with indicators, now its clustered with literal order lines. Feels strange, but good.

EURUSD

Got stopped out in profit Initiated a new long trade. The dotted trend lines are a mix of what Jack Schwager taught in his technical analysis book, and Alan Andrew`s action and reaction methodology. The wider dashed lines, are previous swing ...

EURUSD

What about the market though ? If your position is runing in profit, your stops are not just at break even, but are actualy a few pips above (in case we went long for the sake of example), than technically you are trading with free money now ...

Trend Followers

Let your profits run, and don`t fight the market. Don`t predict reversals, but react to continuations.

EURUSD

Let your profits run P.s. it might reverse, stop me out. I must stay calm. Unfortunately traders for some reason get attached to runing profitable trades as if they are their pets. This is something which needs to be worked on. Greed is also an ...

Trend Followers

The concept behind them is what is amazing in my opinion ) Not many know but the proclaimed author of candle sticks - the famous japanese rice trader Sokyu Homma, infact didn`t use candle stick nor invent them. The concepts though of the patterns, ...

Trend Followers

Thats all I know at the moment I believe, Im just an aspiring trader seeking to discover truth. What helps I believe is an open minded attitude, and most importantly thinking for yourself and questioning all authority. The concept is easy, trade ...

Trend Followers

Toby Crabel has some valuable ideas as I know, will read him when I have more time. Kathy Lien also has lots of wonderful articles. And Jack Schwager - Technical Analysis covers important basics in the first chapters. For anyone willing to ...

Trend Followers

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Trend Followers

It`s important to be motivated, and take a rest sometimes from trading. Personally I was learning a new concept, testing out new ideas, only to realise that they are an illusion and not the proper way to trade. It felt hard, sometimes I wanted to ...

Trend Followers