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I have to be trading with the trend, i avoid the big round #(100). I look for a breakout above major resistance or below major support. Than a swing high/low has to be indicated. After that i wait for price to pullback and test my slope trigger. After its tested i put a buy/sell stop 3 ticks...

Are you serious that.... The real currency traders that you knew only trade 4 to 5 times a year....? Several that I knew some years back who worked in the back room called out more trades than that in any one single day.... LOL But then you could be right too that the current trend...

Shagi dear Perhaps, it would be much better if you would qualify your answer somewhat in terms of.... day trading is generally a waste of time.... A better and more appreciative way to say it perhaps is.... I tried my hand on day trading for a few months or several months...

With such exceptional perception and admission.... it is best that you leave trading to someone else whose outlook and attitudes are somewhat different from yours. I for one am glad that you quit while you are still able to afford a somewhat normal life style. As for many of us who...

I am approaching three score and ten soon with visual handicapping conditions as well. So I could not quite figure out if the current charts posted, include the short position you undertook on CL 105.xx Mind posting that CL too, only if you have the time, K? Thanks for posting great...

Just want you to know, your several consecutive posts are great. Perhaps, you could give me and also other traders who follow your trades, the one or two main reasons you went short on CL at 105.43 and expected it to go lower to .33 or further? Would very much like to see how you sized up...

All your channels drawn on several charts by different traders looked just perfect. Would love to trade with them any time, any day, any market and in any country for that matter.... Cheers Would just love to have one or two or all of you to demonstrate on real time charts as to.... how to...

Here is a man who knows aplenty but says much less and only whence necessary. Allow me to give you 3 kowtows.... :p :p :p HongKong style.... Perhaps, we could rendezvous at my peak residence sometimes.... LOL

This is not a challenge nor a rebuttal to your excellent description above. However for any potential trader, your excellent advice becomes a confusing factor in terms of descriptive generalities. Perhaps, it would at least help me to understand and grasp the core of trading for a living...

I beg to differ. There is no quantity of massive amounts of backtesting, regardless of how many decades of backtesting conducted that could be equated to one live on line short or long order placement. Been there done that. Furthermore, regardless of how many years of backtesting you...