Can YOU make money as a trader? | Page 20 | Metals Mine

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  • #381
  • Feb 16, 2018 1:52pm Feb 16, 2018 1:52pm
Quoting diceman555
{quote} The day may come back were we commute 8 hours to eat
Maybe this day is just around the corner!?
  • #382
  • Feb 16, 2018 2:51pm Feb 16, 2018 2:51pm
Quoting nealpek
I think a line chart is the most overlooked piece of equipment in any traders tool box. As most are accustomed to candles or bars, a line chart delivers a more "pure" form of price, without all the mind bending and psychologically confusing wicks on your chosen time frame. This is what price actually did
^THIS^
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
  • #383
  • Feb 16, 2018 4:15pm Feb 16, 2018 4:15pm
Quoting nealpek
I think a line chart is the most overlooked piece of equipment in any traders tool box. As most are accustomed to candles or bars, a line chart delivers a more "pure" form of price, without all the mind bending and psychologically confusing wicks on your chosen time frame. This is what price actually did, instead of a candle chart showing you what it tried but failed to do, or tricked your psyche into believing was going to happen. It was with the aid of a line chart that I discovered other perspectives on price, what it's doing, and likely direction....
well, a line chart is for deep pockets, 2nd, no way you can be acurrate on line chart (especailly stoploss levels), once you understand that every move of price is there for a reason, you will imrpve your trading to another level. But many don't bother going on lower timframes cause they treat it as "noise". Every spike on smaller timeframe gives you always the reason why any move was made, talking about PA and volume analyses.

"Think about it! Is it more important to have the exact entry, or be more confident in the intended DIRECTION."

Both are equally important imo, cause they both represent RR.

...
  • #384
  • Feb 16, 2018 5:29pm Feb 16, 2018 5:29pm
No.
  • #385
  • Feb 16, 2018 11:54pm Feb 16, 2018 11:54pm
Yes
  • #386
  • Feb 17, 2018 7:48am Feb 17, 2018 7:48am
We are slowly turning into a trade thread.....

On Monday morning 19th Feb UK Time , we will have a 15 minute candle which will open at 08-00 and close at 08-15 (a 15 minute bar)

AND i will trade the break of it, whether High or Low. Hopefully it will have a bigger Range than 12.

That is my projection into the future lol.

If it fails we will then have a plan B..

Have a good week end all
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #387
  • Feb 17, 2018 9:53am Feb 17, 2018 9:53am
Quoting Spreadbetter
{quote} ^THIS^
A line chart is certainly pure.

But the most overlooked piece of information lies within the bid and ask price coupled with the % value change of related pairs.if one can read that information you will trade in front and with a slight edge .you could in fact not look at a chart .the less information as you have stated is an absolute .I don't see any threads that trade the data of the moment.charts are designed to confuse and conflict pure relevant data on intraday .
  • #388
  • Feb 17, 2018 11:15am Feb 17, 2018 11:15am
Quoting diceman555
{quote} A line chart is certainly pure. But the most overlooked piece of information lies within the bid and ask price coupled with the % value change of related pairs.if one can read that information you will trade in front and with a slight edge .you could in fact not look at a chart .the less information as you have stated is an absolute .I don't see any threads that trade the data of the moment.charts are designed to confuse and conflict pure relevant data on intraday .
well don't forget humans have different visual abillities and different imagination, won't say more on the subject...

...
  • #389
  • Feb 17, 2018 2:26pm Feb 17, 2018 2:26pm
Quoting M3d
{quote} well don't forget humans have different visual abillities and different imagination, won't say more on the subject... ...
Elaborate more please m3d.you obviously get my point
  • #390
  • Feb 17, 2018 3:21pm Feb 17, 2018 3:21pm
Quoting diceman555
{quote} Elaborate more please m3d.you obviously get my point
I will, on private only ... will contact you tomorrow

...
  • #391
  • Feb 18, 2018 9:33pm Feb 18, 2018 9:33pm
One of the issues is that a beginner can never really know what any one else is doing. No one knows what's in someone else's account, how many of them there are, live, demo, and you can't possibly believe anyone's stories, fish tales. And no one knows the technique used or psychology or anything another trader does. So a beginner needs an absurdly hopeful idea that is virtually indistinguishable from a fantasy. From this starting point, anything can happen and everything does happen. Then the beginner has to find their own reality but even that isn't so apparent because we can be in denial. Beginners are also vulnerable to believing anything they hear or read, and vulnerable in believing that what they are doing is right or wrong and vulnerable to their own things that may work when they are wrong, fail when they are correct, etc. After 20 years, I'm glad I got through all of that and came out of it sane. It's a hard road.
big money makes big moves and then hides during small money chasing.
  • #392
  • Feb 18, 2018 9:54pm Feb 18, 2018 9:54pm
Quoting diceman555
{quote} A line chart is certainly pure. But the most overlooked piece of information lies within the bid and ask price coupled with the % value change of related pairs.if one can read that information you will trade in front and with a slight edge .you could in fact not look at a chart .the less information as you have stated is an absolute .I don't see any threads that trade the data of the moment.charts are designed to confuse and conflict pure relevant data on intraday .
Exactly and from those thousands and thousands of charts posted here there is not a SINGLE chart that looks bad or ugly AFTER the fact. Hehehe

GS
  • #393
  • Feb 18, 2018 10:14pm Feb 18, 2018 10:14pm
Quoting genghistar
{quote} Exactly and from those thousands and thousands of charts posted here there is not a SINGLE chart that looks bad or ugly AFTER the fact. Hehehe GS
That is what i am always saying,,
people selling AWESOME METHODS/INDIES etc.. always show charts after the event, normally entering perfectly and closing on the actual pip.
WHAT A LOAD OF B*LLOCKS.

Show me a chart when it is about to happen and talk me through it. yeah right lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #394
  • Feb 18, 2018 10:53pm Feb 18, 2018 10:53pm
Quoting billytt
~~ If it fails we will then have a plan B.. Have a good week end all
The 8.00 30 min candle?
Good Trading
  • #395
  • Feb 18, 2018 11:04pm Feb 18, 2018 11:04pm
Quoting aud
{quote} The 8.00 30 min candle?
Plan B, is trade off the other end of candle,

but keep an eye on the 00-00 and 04-00 4 hour candle
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #396
  • Feb 18, 2018 11:14pm Feb 18, 2018 11:14pm
Quoting billytt
{quote} Plan B, is trade off the other end of candle, but keep an eye on the 00-00 and 04-00 4 hour candle
Plan C?
Attached Image
"The fun is in the hunt. Not the kill."
  • #397
  • Feb 18, 2018 11:30pm Feb 18, 2018 11:30pm
Quoting Redeflect
{quote} Plan C? {image}
lol, i only need Plan A and B..
i enter a trade expecting it to lose and carry on if it does, the mechanism of the trade progressing like a machine running.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #398
  • Feb 19, 2018 2:48am Feb 19, 2018 2:48am
Quoting billytt
We are slowly turning into a trade thread..... On Monday morning 19th Feb UK Time , we will have a 15 minute candle which will open at 08-00 and close at 08-15 (a 15 minute bar) AND i will trade the break of it, whether High or Low. Hopefully it will have a bigger Range than 12. That is my projection into the future lol. If it fails we will then have a plan B.. Have a good week end all

Hi,,, Mon 19th.
the Cable 08-00 15 min bar Low broke, it made me %%%%, i closed trade and now am done for the day.
You do not trade you do not lose....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #399
  • Feb 19, 2018 3:50am Feb 19, 2018 3:50am
Quoting billytt
{quote} Hi,,, Mon 19th. the Cable 08-00 15 min bar Low broke, it made me %%%%, i closed trade and now am done for the day. You do not trade you do not lose....
Yes Billy. 5 pip target plus a bonus today.
Attached Image (click to enlarge)
Click to Enlarge Name: Cable0949.jpg Size: 389 KB
every Saint has a past. Every Sinner has a Future
  • #400
  • Feb 19, 2018 4:02am Feb 19, 2018 4:02am
[quote=turnip15;10792055]{quote} Yes Billy. 5 pip target plus a bonus today.

yes indeed Mr T.
Obviously i couldn't post today's bar last Friday.
But we had a nice 11 Range and a drop,
That is all i needed AND i did tell everyone what i was doing lol
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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