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corrman replied Feb 5, 2018I haven't sketched and posted because I'm still studying the guy who did the study and wrote the article in the BBC documentary, good stuff. Still watching market and scalping as usual. Looks like longer term support short term resistance here on ...
My Trading Plans by Sketching Price Action of EURUSD
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corrman replied Feb 5, 2018I would like to see the news shake out the low here, and reverse up for a long to go back up into the range I already scalped short down to here so I'm not jumping into anything unless it looks really good and after 10:15 or so Other way would be ...
EURUSD only
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corrman replied Feb 1, 2018I traded these one min price swings, and then thought, maybe it's news, I forgot, I'm lucky I didn't get chopped, I still used support levels, but I'm definitely out now because it's still chopping around here but a little worse, degrading fractally ...
EURUSD only
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corrman replied Feb 1, 2018one min bar closed on high, nice bull bar, also UJ dip and EJ holding for this moment will pop this nicely
EURUSD only
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corrman replied Feb 1, 2018good looking short term retracement to this area, def has potential to rise
EURUSD only
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corrman replied Feb 1, 2018url important BBC psych vid
My Trading Plans by Sketching Price Action of EURUSD
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corrman replied Feb 1, 2018I see that monthly down trend line, but I don't think it holds nearly as much weight as the more recent up trend lines imho.
EURUSD only
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corrman replied Feb 1, 2018while I don't really like to scalp break outs, I'd rather swing support areas, it's all there was at this time, so I did it. Tiny little pips of gains, but I was lucky to not stop loss out of it. on the psych side, I dealt real-time with a challenge ...
My Trading Plans by Sketching Price Action of EURUSD
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corrman replied Feb 1, 2018Well, that was intense for me, I said to myself, screw my congnitive bias, I'm doing this, and I took the trade and had heart palpitations since it's against my psychological issues, but hey, I dealt with it real time. But OTOH, it has room to go ...
EURUSD only
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corrman replied Feb 1, 2018one min 2 leg pullback, if it shakes out the lows, I'll be long for a scalp near 2452 to 2457, if it just goes here, I'm too loss averse at this time to enter and I'll miss it, that's my psychological issue at this moment, Congnitive Bias.
EURUSD only
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corrman replied Feb 1, 2018this exercise, sloppy drawing of the price action, already helped me today to see that these are smaller ranges, and that really means a wedge, a large one that will eventually come to a point at which time there will be a break, but likely some ...
My Trading Plans by Sketching Price Action of EURUSD
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corrman replied Feb 1, 2018scalped long on this small break, but I was thinking it was news so I'm out of it already, I'd much rather buy support than any breaks, so if I'm long on a break, it's only for a few seconds
EURUSD only
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corrman replied Feb 1, 2018I decided to put text onto chart since I noticed when I scan threads with my eyes, especially when I don't have my glasses on, I focus on the graphic charts and not as much on the text, sloppy drawing, I'll improve this eventually
My Trading Plans by Sketching Price Action of EURUSD
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corrman replied Jan 31, 2018Thanks for sharing that stuff. I also had extreme stuff happen. I was a maniac. Way back I had 3 days one month that I lost 5k each. My best day back then was only 2.5k and I only had one. I have lots of stories. I hit rock bottom and quit for good. ...
Can YOU make money as a trader?
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corrman replied Jan 31, 2018This is really great, directly relates to trading psychology
BBC documentary about how we are wired to make errors
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corrman replied Jan 31, 2018Livermore, I didn't know that he did that. Maybe he had to do that if they weren't printed anywhere? I'm sketching, so it's not accurate or scaled, it's a line, and only a sketch, but I realized it got me to identify more than only looking at ...
My Trading Plans by Sketching Price Action of EURUSD
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corrman replied Jan 31, 2018the cheapest way to practice live trading, and if a trader improves, maybe he can profit
Why do I trade Forex
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My Trading Plans by Sketching Price Action of EURUSD
Started Jan 31, 2018|Trading Journals|7 replies
I found that if I draw the chart by hand, it caused me to be more involved and more accurate ...
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corrman replied Jan 31, 2018actually 100% of traders lose money, it's called a stop loss, defining the time range is kind of important
Why 99% of traders lose money