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i have shifted my journal to a new place https://www.elitetrader.com/et/threads/not-fooled-by-random-market-and-by-technical-analysis.336198/page-2

if you really want to add a new dimension and new weaponry to your trading check out Toni Hansen. it takes some time to understand the finer points of her but once i did she has turned my trading totally around. i am now making perfect exits

closed trade

the main important thing in trading is to know a slow down in momentum from a reversal of momentum this difference i learnt from TONI Hansen but it is never a matter of paying or learning a lesson and making money. it takes some time-sometimes a lot of time -to learn all the finer points that...

shifted stop to BE

i do not understand why i should wait 25 sec between posts in a private thread? the participants have agreed to recieve messages from each other so spam cannot exist.

sold audusd

closed trade

this is in the journal section so only comments made in response [or about] to specific trades will be answered.

stop was in the wrong place ...it should be below the swing low......and so i placed it there since probability is high, reward will be not big and risk big.so the new stop makes better sense. also breakout from a large and big trading range may lead to big pullbacks before it moves up

long audusd it just looks like high momentum high probability trade......but it could also be read as being high in trading range.........and that is the risk

i think all of you know why i started this thread

then why did you start a thread 'message to day traders' what was your message that money may be made trading 5 min. everyone knows that we do not need you to tell us that

the why did you say this

you just said you do not have a book

DO YOU REALLY THINK YOU CAN COME ON THIS FORUM AND MAKE FOOLS OUT OF THE SMARTEST PERSONS

this book WHO THE FU*K IS DELUSIONAL I REST MY CASE

i make money are you going to make money selling your book? \

closed

long audusd