wasp

So err, how was your ROI for the months of July and August?

Don't encourage him cowpip!

There...... like that.... S to R to S to R with trendline confirmation....... IT can do it occasionally!

Yeah, yeah, slight misprint! :rofl: My broker btw is http://www.capitalforexpro.com/about.php

Closed at 192.85 for +50 (woohoo!) :hmpf: Short at 192.82

Merely a statistical edge/amount reached through tried, measured and tested analysis of my entry criteria, and P:L thereafter once tested at variables for size, leverage, movement, 24hr trading and economic releases.

Yes well.... the reversal took place after a fake drop and whilst the 4hr now says short, the trendline additions have been vital to enrich and increase previous periods thricefold on average and thus, a singular rejection of the 4 hour S/R is not enough. I took an equal position on USDNOK based on exactly this previous expectation and that has failed for the exact same reasons. To trade purely off the one signal and assuming support will equal resistance at every turn is not enough and despite this being in a current downtrend, what good is it if when the market trades sideways or any other condition. A discipline based on only market condition is not enough as as soon as the conditions change, you are ruined. The dual combination is vital and only the rejection of S/R and the trendline coupled with the crossover of said lines put me in this long position and only will both of those happening again, change my mind on direction.

Stop at breakeven.

This thread is to remove the risk/temptation to over trade through boredom... It will be various charts from various markets for analysis (per Barjons WOT threads) so when you have itchy fingers, analyse and predict these instead! Starting it off, we have 3 FX charts... Firewalker believes reversals only happen at S/R whereas I know FX is a bitch and it can happen when you least expect it so, a simple 1=, 2=, 3= and answer stay in or reversal.... All can play and we'll jump around from FX to Indices to stocks etc, with volume and without..

Classic! The reversal up happened not from support but from mid S/R after failing to drop once again.... What a poxy week so far far me! Only 240 pips and nearly over!

keep you going........... Reverse or stay.........?

I am about to go to bed but I shall post you 10 screen shots tomorrow!

FX is a fickle beast and when this does turn, I will show you.... It will happen hard, fast and when you least expect it.

I like this bit.... Just how, in RT, do you know its not getting to the other side, until of course, its returned to S?!!!

But seriously....... I don't want much... Just S to return to R then maybe break and the next to become S and break up through both to a previous S turned R etc, so on and so forth.... All neatly packaged with trendlines to stop me taking reversals I shouldn't but not turning to quick so I miss out... Just that, each for +100 a time and it can trend up, down or backwards for all I care as long as the above works!

Yeah, but then I realised I was on the wrong forum!

Let us not forget that my longs over the last week were only for returns to S that became R in order to get a better price for the next drop.... I haven't been looking for or trying to call a bottom.... well, not till today anyhow!

Does anyone here live in Belgium that can go around and slap him?!!

Congratulations.... You officially post more than I do! :rofl:

Yep, and if only I played a slightly larger TF

What's this, abuse wasp day! Get stung as a kid or something??! You are right though I know, I should stop thinking of what I want, get in tune and become one with the market and take what it offers as it offers it, not try to force something out if it....

Well, I just don't know atm.......... Brain freeze right now!

Not wrong there.... looks like another breakout South.... In hindsight, they are so predictable too!

Constantly I say adapt to the markets at any given time but I can't practise what I preach :crap: A screenshot of how I have seen the last 2 weeks compared to a month ago... You know which I prefer!

This is where I see it........