Rewind Back 15 Years

padutrader said:
15 hours may be 18
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Cool padutrader,

Yes, I am getting in the habit of trading more and more, I do not want to miss any opportunities to make money. Cause the best setup occurs when we leave the screen, right lol

I believe you think the same.
 
pinabetal said:
Lol well that is an optimistic way of looking at it!
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yes that is one way of putting it
always be wary of market and be sure there are many reasons technical,in more than one time frame, to take the trade.

i have seen that if the smaller time frame does not confirm then the market may against the longer time frame for some time..
 
i always make the mistake of hunting for trades....it is a real balancing act trading

see what is happening and trade it

if you cannot see that then it is guessing
 
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do not force yourself into trading some days you just not up to it.....

we all like to trade in certain conditions....stick to that.

do not feel that you are a trader so you must make trades
 
i trade a lot by instinct and that is why i find i am early into trades....

always wait for market confirmation for your instinct.

if market does not give you a chance to take the trade it is often a trap
 
I often have got fooled by small time frame trends and mistake that for the dominant trend....

I do not like to call these noise because even the tiniest movement has technical validity.

however that small movement will only go as far as the bigger trend and is a pullback.

this is not a huge discovery.

how ever it is important to notice it, while trading and to place it into your trading management.

I see all these pullbacks and often think the market has turned.

a large number of pullbacks however is indication that the main trend may be weakening.
 
wedges seem to be quite prevalent in eurusd.
now I am seeing some broadening patterns.....expanding triangle as well as broadening tops and botttoms
 
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