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786 trading replied Mar 23, 2010Todays trade — I missed one long on GU but I am take short on USDCHF.
Intraday price action trend trading
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786 trading replied Mar 23, 2010I love this method. Very small loss and in a controlled way. Once I learn to control my risk and minimize the loss then my success way would begin. I got a loss on this trade but no worry because normally i used to take big losses on these kind of ...
intraday trend trading with price action
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786 trading replied Mar 23, 2010Great thread — Thanks Sho, I just finished the thread by reading all the posts. I would read it again and again. It is correct there is no shortcut in this business and it is worth to read this thread complete. Your posts are million dollars ...
intraday trend trading with price action
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786 trading replied Mar 18, 2010I also have same kind of problem. I like smaller time frames (15 min is very comfortable for me not much fast and not much slow or I also like 5 min too) but due to job I cannt fully watch the trade and cannt babysit. So IMHO you can do one thing. ...
intraday trend trading with price action
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786 trading replied Mar 16, 2010Thank you Sho, these rules are no doubt will make real trader. Cut the losses short and always keep in mind risk reward ratio and stick with them. Quick losses or small losses are best losses. These are brilliant rules and summary of years of hard ...
intraday trend trading with price action
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786 trading replied Mar 16, 2010I am short now on E/U .... will watch the level.
The System III (Oh no!)
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786 trading replied Mar 16, 2010As I understand from your suggested possible long entries that we test the market with small losses... is it correct? Also see my chart, I have two pink circles for possible long entry, which one is good? Thanks.
intraday trend trading with price action
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786 trading replied Mar 16, 2010Hi Sho, Please see my charts. Are these valid entry points? Also see the circle where I could not see price action but I see price is consildation here. Please comments. Thanks.
intraday trend trading with price action
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786 trading replied Mar 16, 2010Hello TheRopper, As a learner and new to this method I have a question regarding your trades. Should you not buy in E/U with impulsive wave? Also same with USD/CHF you should not sell? Thanks.
Intraday price action trend trading
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786 trading replied Mar 16, 2010Hi Sho, Nice thread and true way of trading. Reading the price action which is main thing. You had very good way of teaching. I will post my trades now and will learn from you guys. Thanks for nice work.
intraday trend trading with price action
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786 trading replied Mar 14, 2010I missed the buss of short. Now watching next level but would wait to break and then pull back for confirmation.
The System III (Oh no!)
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786 trading replied Mar 11, 2010In this case, when level is not clear, then should I come out of trade and wait for the the price to show its real hand ( rejection of level or break out of level and pull back) ... or just to remain in short and see the market may be it will ...
The System III (Oh no!)
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786 trading replied Mar 11, 2010I see price is rejecting here... seems price may go short ... it is just a probability, market can go anywhere it wants.. but from chart it is looking currently that buyer don't want to take it... Is my observation correct?
The System III (Oh no!)
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786 trading replied Mar 10, 2010Respected Feb, I have a question Sir, When we watch the level and expecting them as turning points, do we also need to consider the candle shapes, their size, wicks. Also do we need to see momentum (speed of candles in specific time - rythem).. But ...
The System III (Oh no!)
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786 trading replied Mar 3, 2010I am 100% agree with that. There are many living proofs who are doing very well in System II with consistency. I am also improving much and feeling much control on my trades. Thanks Feb for another wisdom treasure ...
The System III (Oh no!)
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786 trading replied Mar 3, 2010I had done a short on E/U 30 min and my TP hit as I set before next support. In that case can I enter again short after breaking and pull back that support, or should I keep the existing trade in and add another one on breaking the support? Thanks ...
The System III (Oh no!)