Hi Criticalrx, Apa Khabar ! (notice you're from Malaysia!) Don't worry they're not out to get you individually but collectively, Yes !!! Most retail traders tend to behave very similarly, like where they tend to put their stops, having stops too ...

haniam's anti Big Dogs trades

Hi Haniam I totally agree with you there ! I think demo accounts give people a false sense of security and is inaccurate. It is nowhere near live trading when emotions become a major part in the way we manage our trades. A word of caution though for ...

haniam's anti Big Dogs trades

Hi Hani Yes, it has never been in doubt the importance of these plans. You have been such a strong advocate of it and any traders, new and old alike, would benefit if they heed your advise. Thanks, Lee

haniam's anti Big Dogs trades

Hi Haniam Brilliant analysis from you as ever. Well done ! Lee

haniam's anti Big Dogs trades

Hi Hani, Very good advise as always. How true it is ! Many a times when I didn't have a pre-determined exit plan, I have often let winners turn into losses or small losses into big ones. I now use a combination of exit strategies, depending on what ...

haniam's anti Big Dogs trades

Hi Hani, Thank you. I have a confession to make though about my money management. I have been neglecting it of late to my detriment. But I have finally seen the light. Yes, I will heed your advise not to get too excited (which normally I can be!) ...

haniam's anti Big Dogs trades

Hi Hani I get it now. LOL. I thought you meant consider a buy from PL bounce. You mentioned there is some main support in the region between 1.4555 and 1.4580. How did you work that out.?Is it the support off the bottom trendline? By the way this ...

haniam's anti Big Dogs trades

Hi Hani, Thank you for your comments. Thanks for pointing the silly mistake on the stoploss. Re Plan B, the reason why I didn't think of buying a bounce off the PL if it is breached is because I felt waiting for the bounce off resistance would be a ...

haniam's anti Big Dogs trades

PLEASE DO NOT FOLLOW THIS TRADE PLAN AS I AM ONLY POSTING THIS FOR HANI TO COMMENT ON , I AM STILL IN THE LEARNING PROCESS! Hi Hani I am posting the following trade plan for EURUSD for your comments to see if its viable. My daily pivot is 1.4648, S1 ...

haniam's anti Big Dogs trades

Indeed the BD strikes again! Hani, thanks for your assessment of the EURUSD always much appreciated (do you have a crystal ball? LOL! ) I had a buy order yesterday at 1.4750 which was filled and I lost my 50 pips stop loss in a matter of minutes ...

haniam's anti Big Dogs trades

Hi Hani, Thank you so much. for the link. Very much appreciated . Bakuli

haniam's anti Big Dogs trades

Hi Fti, Here's my newbie interpretation of what I have read. Please correct me if I have misinterpreted it in anyway ( which I am sure I have done) . LAYING PLANS 1. Sun Tzu said: The art of war is of vital importance to the State. It is important ...

Technical Analysis Fallacy

Thank you for the reply. That's another piece of good advise for my little rule book!.

haniam's anti Big Dogs trades

Thanks Hani for the answers to my questions. Also for the links for the candlesticks patterns. I have also been reading up on the Pivot Point Bounce Strategy (google search). I have a fair idea from watching your trades and will try to incorporate ...

haniam's anti Big Dogs trades

Ubeee, I do understand your frustrations at being unable to find good entries. BabyFx posted a chart to try to help identify entry points. It's a weekly chart that was posted as an example. What you need to do next is to scale down the timeframes, ...

Jacko's Forex House of Pleasure and Pain

One of the lessons that Jacko teach people here is learning to be patient and to get rich slowly (not to trade everything that moves!). He has also stated that he does not trade every day. He advises trading with the trend and buying on dips. So if ...

Jacko's Forex House of Pleasure and Pain

Hi Hani, Finally EU broke out of the triangular pattern to the downside. Is it possible to "predict" the probable direction of the break before it happens ? Also are there any particular candle patterns you specially watch out for when you are day ...

haniam's anti Big Dogs trades

Thanks Hani for the reply. Sorry for the silly question. Of course it's quite clear here how you trade with the pivot levels . I will re-read the thread again to refresh my failing memory! LOL! Thanks again.

haniam's anti Big Dogs trades

Hi Hani, Thanks for posting the charts. Another question for you, if I may. I know that you always plan your trades before you enter into the market. What exactly do you look at when planning your trades? I know you use pivot levels (do you use your ...

haniam's anti Big Dogs trades

Trailing Stops — The actual pips lost through trailing the price is usually less than 50 pips, unless price drops 50 points immediately (very rare indeed!) on entry point of the trade. It is very usual indeed for losing trades to initially ...

Jacko's Forex House of Pleasure and Pain