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#Post#: 132--------------------------------------------------
Re: TA Forex Trading
DIR By: Heavyweight
Date: January 4, 2017, 1:13 pm
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Well that wasn't convincing.
#Post#: 133--------------------------------------------------
Re: TA Forex Trading
DIR By: jwilsontrade1878
Date: January 4, 2017, 2:35 pm
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Yeah, looks like they didn't have much to offer in the way of
market movement today, Heavy.
It's very possible that the market will be stuck in a rut until
inauguration day on the 20th. We might wind up just sitting on
our hands until then.
#Post#: 134--------------------------------------------------
Re: TA Forex Trading
DIR By: javalin
Date: January 4, 2017, 7:20 pm
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Pennies to learn more about weekly chart trading i may run it on
a demo--and see how it works
#Post#: 135--------------------------------------------------
Re: TA Forex Trading
DIR By: jwilsontrade1878
Date: January 4, 2017, 7:23 pm
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You'll find it works the same overall Jav. The same trading
techniques work well. What I do is trade the weekly charts and
then trade smaller time frames while waiting on the larger time
frames to pan out.
Sent from my LGL62VL using Tapatalk
#Post#: 136--------------------------------------------------
Re: TA Forex Trading
DIR By: javalin
Date: January 4, 2017, 7:32 pm
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Aud/jpy 1 hour-head and shoulder setting up
#Post#: 137--------------------------------------------------
Re: TA Forex Trading
DIR By: jwilsontrade1878
Date: January 7, 2017, 8:55 am
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Hey gang, just checking in. Looks like UJ is going to work out
nicely although a retest near the highs one more time is
probably in the cards. Hope anyone caught in the ice and snow
made out ok. We've got lots of ice but that's about it.
Everybody have a great weekend.
#Post#: 138--------------------------------------------------
Re: TA Forex Trading
DIR By: kermit42
Date: January 7, 2017, 4:06 pm
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For my weekly post mortem, my account started at $60.00, my
primary play was GU long, followed by GU short after it touched
the top of the channel.
And it pretty much did just that except it took about a day
longer than I anticipated to get going and during that time, I
dinked around with the daily ups and downs trying o scalp a few
pips while I waited. That turned out to be a mistake as every
time I was up by 50 pips, I'd set a stop loss just in the green,
which it came back and hit every time. And then when it made the
move I built my week around, I wasn't ready and it moved without
me.
So...3 trades. All three were green. For a total gain of $0.30.
(That's a whopping 0.5%!)
Oops...
Tomorrow I'll take a look at the coming week.
#Post#: 139--------------------------------------------------
Re: TA Forex Trading
DIR By: jwilsontrade1878
Date: January 7, 2017, 4:08 pm
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Don't you hate it when the market plays whack a mole Kermit?
Lol! Those whip saws back and forth drive me crazy.
Sent from my LGL62VL using Tapatalk
#Post#: 140--------------------------------------------------
Re: TA Forex Trading
DIR By: jwilsontrade1878
Date: January 8, 2017, 6:16 am
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Hey gang, I'm on to something here that could be a real game
changer for all of us. I'm still testing it but basically it's a
no-brainer trade setup that allows you to do the following...
1. Trade on any time frame, even the 1 minute chart.
2. Trade any pair.
3. Be able to open a chart during your favorite trading time and
be able to ascertain a trade entry almost instantly.
4. Ride the trend to maximum effect.
5. No indicators, no technical analysis involved other than just
very basic understanding of swing points.
6. Easily get rid of any pre-conceived notions of where it's
going, what it's going to do, etc....you simply follow a basic
set of rules and let the market go where it goes.
I'll post more with some demonstration videos as soon as I've
been able to test it more thoroughly. I want to make sure the
results are consistent before I let it loose. :-)
#Post#: 141--------------------------------------------------
Re: TA Forex Trading
DIR By: kermit42
Date: January 8, 2017, 8:30 am
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That would be something, Pennies! It sounds like the holy grail
of trading, almost something you could write code to do for you.
I look forward it seeing how it works.
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