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The 200 word analysis is an attempt to get some of the patterns down that are profitable in the Asian session. In normal conditions there were very few tradable moves (about 20+ pips is what I'm looking for for a good R:R right now). The fact that I said I know and understand all the...

The 10% drawdown This was a turning point for me. I believe I was A. trading with some emotion B. not following my trading rules C. taking too many trades D. trading on another account (after losses my original account was only 700 with one pip being $1 based on the minimum lot of...

Gringinho, Your views on trading are very interesting. I will respond to them as I'm reading them. Bias -- I believe you are very correct in your analysis, but I believe bias is inevitably something that must be conceded by traders. It is impossible to know and have a deep understanding...

Well duh. It's part of my learning process. That's why I said I still have a long ways to go.

Has anyone taken a look at the fibonaccis? I haven't read a detailed article on their origins, besides the fib sequence, but some interesting things I was just thinking about when trying to find new price levels (was studying actually, just can't stop thinking about trading stuff I guess)...

I think it's time to post an overview of my sharpshooting P/L: Week 1: -6.630% Week 2: -2.926% Week 3: -2.199% Week 4: -3.156% Week 5: +0.264% Week 6: -10.055% Week 7: +0.752% Week 8: -3.023% Week 9: -1.036% Week 10: -1.679% Week 11: +5.533% As you can see, I have plenty of work...

I am not exactly consistently profitable, Nik. What I meant was that I understand all the concepts I need to be profitable (namely the tools and setups I would use such as TLs, S/R, pivot levels, candlesticks, reversal patterns, etc.), and I just need to work on integrating them correctly. I...

So I should check the correlating stock exchanges for their holidays?

What Asian holidays should I avoid trading on (I trade Asian session nearly exclusively due to time constraints)? Thanks, Greg

Wanted to add something I was going to say two posts ago: I feel like I pretty much know everything I need to in order to trade well and profitably, it's just a process of filtering out the junk and kind of configuring and training myself to pattern it all correctly with the market. This...

I would like to add to any readers that, although I am using this thread primarily for my own reflection benefits, feel free to provide any questions/comments, discussions about trading philosophy or indicators, etc., really whatever is on your mind. Either way, I plan on continuing my thread...

Although I am well past my ten hours for the week, I am actually doing several things today including reading more ET threads, looking at other price levels that may hold value, and investigating some of the patterns and indicators suggested by other expert traders. Interestingly, I am...

Little bit of maintenance things today. Had 10.5 hours already for week, but wanted to do a bit more due to my lack of productivity early in the week. I got a few key things done such as moving the monthly pivots onto my 15 min chart and yearly onto my hourly chart (1440 bars on 1 min for...

A very, very mixed day for me. Weaknesses: Entered a trade before I read the trading rules. At times was extremely unconfident in my entries and exits, resulting in bad hesitation that cost me about five takeoff pips on at least three different occasions. This was partially rooted to a few...

I spent a total of about 3.5 hours watching the market, although I didn't get all that much out of it. Trading was pretty dead today from the time I was watching (maybe 7-10:30), except for a few big spurts that just continued the trend and then did nothing for 45 mins before again continuing...

I believe your main point is that studying past situations results in a different analysis and point of view, leading to an unreal bias and little or no help from personal lack of participation. I have noticed this effect, but I also believe blind trading creates an unreal analysis...

Unfortunately, I did not accomplish as much as I would have liked with my studies today. I spent about 2.5 hours on market stuff today, but only in-depth studied two moves of 25+ pips since 5:00 (figured it was a good time since it is the time the day starts over in TOS, new pivots, etc., even...

I love philosophy. I'm not sure of the time I will have to read these soon (1 of my ten hours is what I call "maintenance" and this week it is changing what charts my pivots are on and learning the other fibs such as spirals, etc.) It's on my to do list, I will get there though. I...

Thank you for your reply, Gringinho. I do have a lot of confidence in myself and my trading (many people call me cocky), but I tend to focus critically on my mistakes and things I need to learn. I do this for two reasons: emphasis (slow learner) and I am always trying to improve myself. I...

I think someone could lose their mind experimenting with Fibonacci retracements. There is just so much that ends up oddly working out within a pip or so (not just by chance, but legitimately many minor moves continue to hit the major fib levels all the time), but to draw them would take hours...