The only common element I have observed in every successful trader is disciplined risk management. One guy might trade off charts another throws darts, but ALL successful traders manage their trades/account in a disciplined manner.
Cokes
WOW :D
The first time I read this thread I was very excite because it was obvious that you were the real deal. I could tell from the clarity of your writing that you were making real money using this strategy.
Then I went through a period of frustration because I try to read your...
Anek I have attached the ER2 chart from Friday. On the chart I added some text. Could you please view the chart and my comments and see if my reasoning is correct.
Thanks,
Cokes
First thank you for sharing. I noticed you did not make a trade until 9:05 cst. Was there a reason for the wait?
When I have something of value to share I will. At the moment I am just trying to absorb all of the information you have provided.
Thanks again,
Cokes
First post with a chart. I am trying to understand this W and M formation thing. Would the rectangle I have highlighted on the chart be a good W formation? It is right below the congestion area and the top of breakout is right on the 25% line of market emotion. I know the second test of the...
I have imported the Ninja version and it is plotting a flat line. Any suggestions?
Again thanks to all the contributors! This thread is a great help.
Thanks,
Cokes