Your this reply is true example of a Negative Thinking. Thanks for illuminating our minds. Real jobs give you all the promises and just enough to remain alive and produce more labor. Who was that? Carl Marx, the fuckin' economic guru?

Think and Grow Rich by Trading

I am doing some research on this topic for my book and cannot form an opinion about that right now. But I believe this whole thing was started by Earl Nightingale in 1958 "Strangest Secret". I think, there is some truth in what they say about ...

Think and Grow Rich by Trading

If he is not true, Jesse Livermore indeed is and also my ex-boss who turned $300,000 into millions.

Think and Grow Rich by Trading

This is too much of a shit trying to understand. Fuck the positive and negative, make money. Nobody's analysis is going to make him or her rich, its only the profitable trading that will make you rich. No one ever made a fortune without taking risk. ...

Think and Grow Rich by Trading

I am in the process of writing a book on this shit. Explored this site by chance and just copied what I read there, may or may not agree with what has been said above, but one thing I know is that trading is all about managing your risk and timing ...

Think and Grow Rich by Trading

Will it go to 0.0001? Should I place my sl just below this level?

EURUSD

I agree. One reason I am long.

EURUSD

A pair of jeans, at Old Navy annual sale.

Which pair always returns to same price

image

EURUSD

LoL. I used to wonder too, but now don't because I know why it happens and what's the logic behind it. Pa rests in parking space before making a move (consolidation). Like the one euro is in just now 1.2100. I remember once (maybe in 2008) a guy ...

EURUSD

What time frame is that? It seems too big a time frame for trend lines. Technical work better on smaller time frames daily, 4H and 1H. Post some 4H or 1H chart, I will try to put some lines as an example. It is most likely that angle would be around ...

EURUSD

Please don't forget that these lines are for reference purposes. Pa may or may not respect these lines. Sometimes it does and sometimes it doesn't. That's why I also have horizontal lines, if both indicate "Yes, this is the time" more probable. Some ...

EURUSD

Check these Blue and Yellow diagonal lines. All Blue lines have only one angle (they are all parallel), same is true for all yellow lines. These lines are valid forever. I now have deleted those lines because they got distorted for some reason over ...

EURUSD

Yes, the way you do proves right most of the time. I played a lot with trend lines in the past. Try to draw a trend line that fits most trends. Chose only one trend-line for either up trend or down trend. Then copy that line to see where it fits ...

EURUSD

Again the same strange coincidence. I do not calculate or check pivots, but have 1.2020 as a key level, very close to this pivot. I arrived at this level checking what levels price responded the most in the past.

EURUSD

Don't remove any of your tls. They remain valid for decades. Sometimes I open my years old charts, and wonder how pa respects these lines drawn several years ago.

EURUSD

If one goes short here risking 1% and places a stop loss at R1, can easily make about 1% to 1.5% in about next 3 to 5 years when market completes the cycle getting near to the bottom.................... if it gets there. Happy Trading. ps. To make a ...

EURUSD

LOL. I wrote that post in a lighter mode. But your reply provides food for thought to traders who like to analyze trading philosophies. This behavior is more because of limited vision and spectrum about how markets make their moves. This applies ...

EURUSD

What trend? I see no trend on weekly. Its a fuckin' spike down. Anyone going against this move is basically a trend follower, expecting a move up so that a visible trend is formed.

EURUSD