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Winston Reed replied Aug 12, 2021Just so I'm not talking out of my _ _ _. Live trade, real money account. Trade explorer attached. image By the way my overall win rate is <50%.
The brutal truth of day trading
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Winston Reed replied Aug 12, 2021Alot of talk about win rates etc. No proof, no charts NADA!
The brutal truth of day trading
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Winston Reed replied Aug 11, 2021I don't disagree with the general merciful sentiment expressed. I don't agree with your assessment of OCD or any other "diagnosis" for that matter and I don't give a pass for that. Rules are rules and I think if there is mercy then let admin ...
Cable Update (GBPUSD)
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Winston Reed replied Aug 11, 2021NZDUSD limit buy at demand level. A bump-gift trade if comes to fruition. All trades live. TE attached. No fundamental BS. All technical analysis. image
(binned per thread starter’s request) Trading with the Blues?
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Winston Reed replied Aug 8, 2021USDJPY 60 minute. This chart shows the larger scenario. Supply has been in control. The swing cycles show impulse legs making new lows. Even the current upswing (corrective leg) has not exceeded the size of the previous corrective leg. This suggests ...
(binned per thread starter’s request) Trading with the Blues?
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Winston Reed replied Aug 8, 2021The last 2 posts presenting my analysis of EURUSD and GBPUSD are done on 60 minute charts. To get a bigger picture I zoom out on the 60 minute time frame rather than look at higher time frames as is so dogmatically taught by gurus. So called multi ...
(binned per thread starter’s request) Trading with the Blues?
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Winston Reed replied Aug 8, 2021GBPUSD 60 minute. The current uptrend has taken out significant supply to the left including the last downswing. Demand was certainly in control during this upswing but it has run into an area of significant supply and is showing respect for it. ...
(binned per thread starter’s request) Trading with the Blues?
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Winston Reed replied Aug 8, 2021Zooming out for a bigger picture it can be seen that a larger supply swing cycle is control. The most recent upswing(corrective leg) suggested that demand might now be in control but supply has clearly come back and an impulse leg is now in play. ...
(binned per thread starter’s request) Trading with the Blues?
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Winston Reed replied Aug 7, 2021Supply and Demand with Swings *Supply and Demand drives markets. *Evidence of supply and demand is technically expressed on price charts, is readily identifiable and tradeable and requires no knowledge of fundamentals. *Demand is in control when ...
(binned per thread starter’s request) Trading with the Blues?
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Winston Reed replied Aug 4, 2021image image image image
(binned per thread starter’s request) Trading with the Blues?
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Winston Reed replied Aug 2, 2021Confidence in Pivot C is low given the information you've provided. Segment B to C of your ML demonstrates a down-trending behavior that has not been decisively broken to the upside. Placing a stop below the assumed Pivot C is just hoping that the ...
Andrews Pitchfork (Median Line)
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Winston Reed replied Jul 24, 2021I'll try to answer. This thread is about trading using basic concepts surrounding trends. I've defined the basic elements of trends and encourage you to go review them because a thorough understanding of them is essential. It is essential because ...
(binned per thread starter’s request) Trading with the Blues?
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Winston Reed replied Jul 20, 2021There are traders and then there are those who talk about trading. TA is in love with his words and shows it by elaborating endlessly on fundamentals. But actually using all that fundie data to trade....nada.
The brutal truth of day trading
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Winston Reed replied Jul 20, 2021Keep talking to yourself. I'll keep analyzing and trading the technicals and proving it works. How bout you? Are you proving it?
The brutal truth of day trading