Intraday FX Player

[CFerret]

yoohoo,

was the last long a 4th test of the box type small channel?

 

[CFerret]

Not the last already, that one you've shown on a chart.

And the last is based on K/R?

 

[El Caballo]

Psychologically, that is very hard to do. Are the most profitable plays the most psychologically challenging?

 

[CFerret]

Quote from El Caballo:

Psychologically, that is very hard to do. Are the most profitable plays the most psychologically challenging?

Yes, my #1 challenge is letting profits run. I catch them early very often.

And it's where I would be able to make a lot more when get rid of this problem.

 

[yoohoo]

kinda hard to explain

this long was based on Supt on 5 min @16

why long when I'm looking short?

warped mind - they throw you off the scent

4/5 touches - it was actually 5 min chart - it was not set up properly hence saying long wanting down

so short top

then on arrow long

but wanted down

falling knife reversal on 5 min supt - couldn't resist

 

[yoohoo]

trying to trade and tell you what will happen before it moves

 

[CFerret]

Quote from yoohoo:

trying to trade and tell you what will happen before it moves

Extremely hard task! I also try to post trades in realtime and know how hard it is even though my frequency is way lower than yours.

 

[yoohoo]

El C.. Psychologically, that is very hard to do. Are the most profitable plays the most psychologically challenging?


explain?

 

[CFerret]

Woohoo, 17C outside! Real Spring to come... Love is in the air!

 

[El Caballo]

Giving back profits in the belief that that the position will ultimately provide a larger profit than if quickly in and out. CF's 42 short is an example where CF mentioned this type of scenario and the double top at 848. I would find this an unpalatable form of trading. Trust this clarifies my meaning.