Currently long on the 2 leg 15m pull back EU here's the 5m image

Large Moves That May Contine

What's still amazing is how the locals in the futures pits used to get away with insane incomes just by being there and front running large orders. Then it all changed, they had to sit in front of screens and had no inside info on the large order ...

What I learned after losing $300,000 trading forex

I just realized I have a type-o on the title of this thread, should of course, say, CONTINUE

Large Moves That May Contine

I entered late but it was so compelling that I went for it, however, small size, actually the minimum lot size. Then as it pulled back away from me (losing) I watched the 5m and that bar had a top tail so as price was improved for my short, I added ...

Large Moves That May Contine

So I'm out of course, for a few reasons but it has more follow thru. I think I'm ok (mentally) with that. image

Large Moves That May Contine

It takes a lot to get through the mental blocks, but even after that, it still takes more and more.... thanks.

Large Moves That May Contine

Looks obvious on this one so I'm short. It's been a long time since I traded, but I'm in on this one. image

Large Moves That May Contine

I could try that, but I would be too worried about risk while I was gone so I would have to trade the minimum. That could still be ok if it works well, then I might be able to increase size, which is btw, the only way to try anything different or ...

What I learned after losing $300,000 trading forex

EU was perfect today. It had everything I look for to trade. All at the times I'm not yet available. I may have to change this since the potential is real. I'm assessing my dopamine level at the moment, must be aware of that greed trigger. Adjusting ...

What I learned after losing $300,000 trading forex

This chart is so perfect for many reasons. It is exactly what I'm looking for to trade. It makes me really want to change my schedule so that I can trade during these hours. image

Large Moves That May Contine

When dopamine is involved, that reality is hard to find, and it may even be triggered by reading about traders who are where others want to be. That chemical can also cause a lot of strange posts in reaction. I can feel it when it starts up, and I ...

What I learned after losing $300,000 trading forex

@CeeSo. You're lucky it only took 5 years. I wish I could get back some of my time spent, it's a lot more.... I only lost half of that amount you stated. I started to pull back on my risk a lot since I knew something major was wrong, but definitely ...

What I learned after losing $300,000 trading forex

If that "rush" is in a trader's motivation and it is a habit, that can be very hard to break. That is a feeling that becomes the goal of the limbic/feeling part of the brain, which overcomes the thinking prefrontal cortex and there goes reason and ...

What's the purpose of trading?

My exits are 1/2 at the first large potential resistance (if long) but the 2nd half is the projection of the initial strong move that caused me to consider entry in the first place.

(binned per thread starter's request) What to do if my system

Before using $1,000, try your "system" on a smaller account, why not $100? If you really have a good way that is consistent, then prove it with a tiny account. If you feel it's not enough because it isn't worth it, then consider if your attraction ...

Trying scalping with a 1000 bucks - Scalping is expensive!

Interesting since this is as near to my analysis as I've seen here. I look for the power moves that have deep pullbacks and then resume in the direction of that prior power as long as it isn't so late in a trend that the move is exhausted. My ...

Understand the Game

Final post, good trading to you all.

Short Term Measured Move Method

that is a nice one

Short Term Measured Move Method

"Indicator" is a popular idealistic goal. Price action is what causes the market participants to have lost or gained at horizontal price levels. The difference is important. Yes, I have a strategy that is working for me currently. The simplicity is ...

is there any profitable strategy?