Intraday FX Player

[CFerret]

Quote from yoohoo:

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

Haha, OK I see.

 

[CFerret]

Shorted @ 47.

 

[CFerret]

Stopped out for a small profit (less than 1%)...

 

[yoohoo]

yea but that's another you could have doubled - now ya know the secret

 

[CFerret]

Yeah, need to look at bigger picture more often and not get out on every noise...

 

[CFerret]

Still should have held this short...

 

[yoohoo]

yea, the new S&R's are easily employed and the bigger trend is an income multiplier.

Channels are big in Eur - this move was a no brainer 4th touch. WHen you see that hit it with a tight stop.

You're going to hit the jackpot in the next month or so.

 

[yoohoo]

why were you not in this? This is where the money is - big fast moves

 

[CFerret]

I was not because I am:

still not confident enough in my setups + still have a very serious fear of losing money (despite trying not to think about money when trading).

As a consequence I tend to protect myself from a potential loss way too soon and get noised out instead of letting things develop naturally...

Thats' my self-analysis for now.

 

[yoohoo]

carry your S&R over like I told you, look at a 15 min candle chart and tell me what do you see?

This is why only having one chart in view is limiting. I could not keep up the discipline of hitting keys to look at other time frames.