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Surely the timeframe the trader is working with defines the trend. I could say the same thing, i go against the daily trend which may be up all day to follow the new trend down. I thought the market is built from mini fractals to major fractals depending on the time frame. Your trend and...

Out 2 at 1495.75, leaving last 2 to run if they can - tight stop Have to end the day early, out the last 2 unit 1497.50. Everyone have a good weekend. Good day today making this a good month so far - consistency is good with only one losing day so far this month.

Im long - tight stop.

Where in London are you from mate, i reside near Birmingham.

My favorite counter-trend trader is Paul Tudor Jones, here is a quotes that really make sense to me: ''Develop an idea on the market and pursue it from a very-low-risk standpoint'' "I believe the very best money is to be made at market turns. Everyone says you get killed trying to pick...

Wow 200 points, thats very very good trading. Counter-trending just offers best R:R imo.

Good stuff Spec, im out at 92.50, having trouble with my Esignal - and all my screen have gone down, lucky i have my laptops with back-up broadband conncetions. Uncomfortable leaving this one while blind :D

So who is long from the open? Im expecting to get to 1497.50 on my 2nd unit but with a trailing stop.

Your trading set-up looks kool, and i have to say you are one very dedicated trader. It seems the market has taken control of you and i can understand if it has. I find myself getting more and more obsessed with the markets and trading everyday - granted i have just had knee surgery so i am...

Wow great way to end the day. :D How did you do Saxon??

Nice trade, was a bit concerned about this one but nice trade with decent R:R imo.

Great explanation - i am going to buy and study a few psychology books to help me rewire my brain. I have a target for each unit i trade, i note each target down in my trade analysis and i have found that 78% of the time my suggested targets have been hit. However, my actual exits reached my...

Lol I have real problem riding winners, my percentage winners is very good but like a typical newbie i have found questioning myself all the time when things don't look perfect. I have to work on my psychology a lot.

Im out here at 1500.50, just a scalp trade, still decent R:R on a small trade.

Im with ya at 1503.25. Small stop and small size though. Maybe a bit early myself.

I took the other 2 out at 98.25 again, did not like price action and my analysis is indicating one more thrust upwards before any pullback. Also, bull flag may be developing and don't want to sit through that. Its like watching paint dry, think im gonna go grab some lunch.

Hope this goes well Saxon, out 2 at 1498.25 - leaving last 2 unit to run wiht tight stops. Looking for 1495 atleast.

I got good short at 1500.50, good R:R and going to take profits quick!

Ya 81 resistance, im short from 80 will be looking to add to short position if we enter back into the 80s.

Thank for the explanation, as a discretionary trader it is vital to me. However, i can understand how someone following a system based on e.g. Moving averages would not consider it. I wonder if Buy1Sell2 is a discretional trader or system based.