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you can happily have an RR 1:0.5 or even 1:0.3 , if probability was 100%. that is the very rational for scalping . without this holy trio, scalping would be insanity

what a lesson this one trade haS BEEN THANKS volpri and schizo

yes it was big mistake. break out and then it went to the bottom of the range and then formed an inside bar and then broke above it. that was my cue to close short and enter long i was counting my 6 points profit, starry eyed and did not listen to PA . i was only looking at bear side and not...

must make looking at bigger picture a habit i make notes and those notes are expanding almost to book size. forget one thing or the other. no wonder Brooks cuts himself off from all distractions

this is the bigger picture which i missed totally. Bull break out, where I sold, followed by a test of the low and then the second breakout and the buy signal. higher highs and higher lows after that all the way the green line is possibly the ultimate target, God and price action permitting. God...

stopped out

yes that is basic. you do get PB that are deeper

it is not RR alone it is the probability. probability is good i think for one more move down

maybe taht is personal is it not

i was trapped in a bad entry so am forced to manage it the best i can.

thank god for the bigger bear leg /swing. this up move has flattened the larger the bigger bear move . maybe i will get my target of 5628

but i agree my entry was wrong....i was only looking at the bear side but the bull side had too much momentum. I should have waited for one more bull leg; my entry was early but maybe my trade management may allow me a profit

flatter trend does not mean trend has ended... you like me forgot about the larger bear trend that is going to kick in and you will likely get maybe one final 3 pushes down

yes he did say that the trend was broadening.

true trend lines work, whatever the color

shit too much upside momentum. Mistake saw only the bear side see if i can get out at a small profit or maybe sweat it out

short : at 5634.35 average rate of 5 lots stop at 5637. target: possibly at 5628

he means that S&R are a band not a line

yes but that is because i am a show man i entertain finance and trading is dull drab stuff. i show it need not be.

seriously. why would i do that, when i know i can make MORE money trading, than in doing anything else in the world? why do you think i have spent an entire lifetime to become the best ever? for the huge pain this causes? i know i can get back whatever money i have spent in 20 years in six...