High probability price action by Dr Cornelius

[oilfxpro]

Quote from zedDoubleNaught:

This week, if you have a losing trade, could you post it as well? I saw one person on youtube with his trades, the winners all looked great, but it helped to also see the times where it did not work out and how to handle those cases. Thanks, this is an interesting thread. I think one of the points I was missing earlier was that support/resistance is proved by passing it, coming back into it, then retesting.

The simple way of handling losers is to cut your losses by stop loss , move to breakeven and exit as a result of change in set up.

Look for re-entry and another set up.Don't revenge trade ,add to losers or move stops.Don't go for failed set ups because it will increase bad habits and also add to 80 % phsychology issues of trading.

Don't listen to dickheads about 2 pip stops and 4 pip stops or even 8 pip stops.These failed traders hang on E T.

 

[oilfxpro]

Here is another losing trade , followed by a large winning trade using spikes

Keep your losses small and profits large when they go for you.

 

[oilfxpro]

Most price action trading in ranging markets is random noise illusions.

http://www.elitetrader.com/vb/showthread.php?threadid=225224

 

[oilfxpro]

All price action set ups must be biased towards and trend lines.

 

[oilfxpro]

Quote from oilfxpro:

Here is 6 buttocks to sit on .

Next two weeks will show the 6 buttocks entry again , before Draghi
craps or flies to the moon.

 

[athlonmank8]

Quote from MKTrader:

That's what my (b) was about. So until we see hundreds of trades called across different market conditions, no one should be making such claims.

There's been plenty posted on here. Why don't you look for them? Does everyone have to hand you stuff in life? You instantly make the assumption it doesn't exist. How naive.

Good thread Oil

 

[oilfxpro]

Quote from athlonmank8:

There's been plenty posted on here. Why don't you look for them? Does everyone have to hand you stuff in life? You instantly make the assumption it doesn't exist. How naive.

Good thread Oil

Finding this stuff on here is like finding needle in a haystack , otherwise I would look for them.