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Everything posted by wasp
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Lets go short term trading!
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Tempting as it is sometimes, I did it earlier this year and regret it every day since. Never again.
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Nice dream but no... normal rules apply.
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I have no stop. I'm just going short for the fun of it. Given up! Its all or nothing with this trade... Full leverage. I want 100 pips giving me 100k or I blow the whole account.
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Can you stop equating your mistakes with my name please!
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It's wrong according to 'books' but I am happy taking a +100 pip win just to remember what it feels like to win again!
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Using the above alone, broken down to this on the hourly, paints a different picture altogether. Only on the one occasion would there be a long option.
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Exactly as I am thinking atm. Yes, on the larger TF S/R tends to carry alot but, on a day to day basis for a trader, you need something that adapts. I shouldn't have gone with the template I did at the start of the week and expect that to hold all week. Att is a chart showing the essential levels I should have had ONLY but I didn't partly because I thought I had it perfect already and partly because I am working of a laptop and need to use a bigger screen! Like price, S/R is fluid and you need to be fluid with it.
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Considering this market is moved by banks with billions at their disposal to ensure they make the same, to think you can accept anything less than the best to compete is ignorant.
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Yep, it was all your fault!
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I'd be happy with a 100 pip range. Just something to give a solid safe R;R entry and half dozen to get back to normal!
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Not me. Unless I can be 100% certain in what I am doing, even if I am only sure of 70% success, I am not going to do it until so. I am going back to the drawing board to improve things for sure.
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and that part I really do not like.
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Yep, I know you are both right and it is all we can do. Ahh well....
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Told you it drops easier than it rises!
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I still cannot believe what I am seeing; the possible profits, and knowing I missed the lot! (and bought into it losing money instead!) It should have been the best week of the year and I should be on the phone to my travel agent ffs!
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There are fewer levels in one of them.
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201.70 followed by 201 are my next levels!
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Can the pound become worthless?!
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Well, since the break of 210.70 there has not been a single Higher High on the 30min or above and until then I am doing nothing!
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................... :\