greetings to all traders,,,
nubie permission to make a trading diary,
inside this trading diary I will use the system as simple Supply and Demand,
I expect I get suggestions and criticism in the masters ,,
greetings to all traders,,,
nubie permission to make a trading diary,
inside this trading diary I will use the system as simple Supply and Demand,
I expect I get suggestions and criticism in the masters ,,
EU turns to walk in place,,,
What this can last until the close of the calendar year,,?
Anyone know why this occurs,?
Hey Andelumut,
I am no pro but I'd like to ask some questions if that is ok. You seem to trade using only support/resistance and trendlines; I am guessing that is what you mean by supply and demand trading. In this instance you seem to have chosen a trade in a time once you believed the service line could be broken. Do you take reversals in?
As for walking in place I'd guess this is due to the holiday. I hope that I am not giving you misinformation here however I believe this happens as the large time players go on holiday and liquidity dries up. I'd imagine that things will return to normal after New Years in the latest.
Ian
thank you for the response,Originally Posted by ;
set up, I'd tend to have a place when there pullback,,
What do you think that is overly risky,,?
I agree with you, if this change akbiat from vaion,,
I am hoping you frequently visit my journal,,
monday,,tomorrow already started trading
and analysis already ready,,
EU expects to keep on falling,
EU GAP nearly 100pips,,
wow,,
current EU resistance signature weekly,
exactly what the EU will continue to be bullish,,
Why are you fearful? Did you get rid of money?Originally Posted by ;
Why are you confused ? You appeared to have it under control along with your supply/demand zones.
Then by all means don't trade.Originally Posted by ;
However....Spend some time with your charts. Draw in support and resistance or fibs. Where would you take a position? Watch what it will. I shall say the remainder of the week on NFP week was tricky for me personally. The entire world is waiting for that little number on Friday along with a lot of what's happening now maybe in light of that number.
Work on your own trading plan....Or your money management plan... What would you risk and not be sceptical?
The purpose is do what it takes to get control of things so that you can effortlessly put able. Then without apprehension see it go into profit or loss and hit your stop.
It is the job of your own trading plan to assemble pips. Your job is to execute the plan.
Hope this helps. . .Be safe