Intraday FX Player

[CFerret]

Moved the stop-loss to below pivot or about 2% profits and will try to ride the wave as long as possible.

 

[CFerret]

Errrr... Couldn't resist and took the profit of 6% as momentum wasn't as wild as when I usually tend to hold longer...

 

[CFerret]

And of course was immediately punished for this emotional weakness by looking as price shoots up, but this time without me...

 

[yoohoo]

aahhhh - what are you like - we are just about to hit resistance now

 

[CFerret]

What a big lesson!

Just one good trade taken can absolutely really yield as much as 15-20% or even more.... Yes, just one daytrade!

But only if you have enough discipline to hold...

 

[CFerret]

Quote from yoohoo:

aahhhh - what are you like - we are just about to hit resistance now

Need to work more on steeling myself....

 

[yoohoo]

no not discipline - know the trend and relax.

Discipline is hard work.

You had it (missed the double bottom) but got in ok.

Used PP well - that was a disciplined response.

At that point you should have seen the bigger trend was kicking in - and it ran until I told you we were hittin resistance. That was a medium run. I got 19 - 56 and reversed.

You are getting close - learn to read the bigger trend. Told you resistance was about to kick in - simple

 

[CFerret]

Maybe indeed I'm trying from the wrong angle and force myself instead of opening eyes and being confident in a move and relax as a result... Will seriously think about it.

 

[CFerret]

BTW, what so strong was in 56 resistance? From two days perspective it doesn't look like any special...

 

[yoohoo]

ya know those things that don't work - indicators? Well it's them. Can't tell you in advance - hahahahah heheheheh