- Search Metals Mine
- Rennaissance replied Nov 21, 2017
I respect you as a good trader but I think we have contrasting views and I respect that too. I don't care about entry/exit points, for me they are random. The most important to me is direction and I can flip a coin and be right 50% of the time. ...
8 Years Later - Still Not Winning
- Rennaissance replied Nov 21, 2017
"If you want the mind to pick up an idea and to form a habit so that the mind will automatically act upon that idea, you've got to tell the mind what you want, over and over and over again." Napoleon Hill. Simple must be rehearsed before it can be ...
8 Years Later - Still Not Winning
- Rennaissance replied Nov 21, 2017
It works because its that simple.
8 Years Later - Still Not Winning
- Rennaissance replied Nov 21, 2017
You have to obey the market religiously, that's the holy grail. Don't fight it, don't expect anything from it, just obey. Nobody knows more than the market, nobody. Quit trying.
8 Years Later - Still Not Winning
- Rennaissance replied Nov 21, 2017
The main problem is understanding the problem. You can't solve a problem you don't understand. Ask yourself this question. Are you trying to beat price or the market? The former is impossible, the latter very doable. Until you can answer this save ...
8 Years Later - Still Not Winning
- Rennaissance replied Nov 20, 2017
Forex trading success is a long journey like any other endeavor in life. Keep at it and one day you will figure it out.
8 Years Later - Still Not Winning
- Rennaissance replied Nov 20, 2017
bulls failing to cross this level, about reverting my position.
EURUSD only
- Rennaissance replied Nov 20, 2017
Always surprised when someone says this. This par went from 1.40 to 1.02 and looked cheap several times along the way. What is cheap?
EURUSD only
- Rennaissance replied Nov 20, 2017
Totally agree, the market is way bigger than anybody including the big banks sometimes blamed for things nobody can control.
EURUSD only
- Rennaissance replied Nov 20, 2017
yeah, I don't like using the term manipulation. Cause nobody or group of people can manipulate the market on a systematic level. It didn't have enough fuel to go high, so the market must turn around and take some bulls out to create a fresh supply. ...
EURUSD only
- Rennaissance replied Nov 20, 2017
Bear trap was a no brainer. Break out with low volume in a strong uptrend. Inside candle on four hour at bollinger lower band.
EURUSD only
- Rennaissance replied Nov 15, 2017
Overbought according to me is the most rediculous word in trading, I have seen moves higher than 500pips without retracememt. Don't short rising markets you will get away with it most times, it's those few times(thick tail) when there are sudden big ...
EURUSD only
- Rennaissance replied Nov 14, 2017
Have you thought about the scenario where it keeps going up and never comes back? You ready to blow your account on one trade?
EURUSD only
- Rennaissance replied Nov 14, 2017
I feel you, Another day will come to apply your experience learned today. Always do the hard thing in the markets. The mental strength comes from stumbling like today and learning. This game is all about psychology and little practical skill.
EURUSD only
- Rennaissance replied Nov 14, 2017
. I have one rule I learned pretty quickly is to take small losses. Don't care how many of them I have, when I see red I flee.
EURUSD only
- Rennaissance replied Nov 14, 2017
My advice close now, you never know when that retracement will come, and even if it retraces after you close, you still did the right thing.
EURUSD only