My thoughts on various markets
Results 1 to 7 of 7

Thread: My thoughts on various markets

  1. #1
    Putting these charts in for my mention first of all. I find that if I make the attempt to post it compels me to think the situations through more completely, but dont want to hijack someone elses thread with my ramblings.



  2. #2
    Zoopy, your thread motivated me to start this one. Attempting to concentrate mainly on price action but influenced by Jacko, Ozfx, James 16 amongst others. Have read (with a wholesome reserve of scepticism) Marc Rivalland, Elder, some stage and figure material, and Nison.
    Long long way from knowing what I am doing and I am quite guilty of shing from system to system. Part of the motive for beginning this thread is to encourage me to come across the ideal method for me to exchange.
    I have not committed any actual money to it yet and dont plan to till I feel a lot more confident.
    You are very right zoopy, so I'll start to think through my transactions on this thread. One of my biggest problems nevertheless is finding the time to do all this as well as functioning, fathering, husbanding and socialising.
    I pop into your own thread frequently, and loe the forum a fantastic source for this'hobby'.

  3. #3
    Quote Originally Posted by ;
    Zoopy, your thread motivated me to start this one. Trying to concentrate mainly on price action but influenced by Jacko, Ozfx, James 16 among others. Read (with a wholesome reserve of scepticism) Marc Rivalland, Elder, some stage and figure material, and Nison.
    Long long way from understanding what I am doing and I'm very guilty of switching from system to system. Part of the reason for beginning this thread is to encourage me to find the right way for me to exchange.
    I haven't committed any actual money to it and dont plan to until I feel a lot more confident.
    You're very right, in that I'll start to consider my transactions onto this thread. One of my biggest problems nevertheless is finding the time to do this all and working, fathering, husbanding and socialising.
    I pop into your own thread frequently, and loe the forum a fabulous source with this'hobby'.
    I am glad you inspired it. I believe every trader should maintain a journal of some sort whether it be online or in a small laptop. When I started mine I discovered I started to think more carefully about what it was I was performing, particularly the plogical part. I am confident you'll find your way fast. If you post things which don't work you are more likely to remember it because you've documented proof.

    What would be interesting since you mentioned that the aforementioned systems/styles is the advantages and disadvantages of each.

  4. #4
    Looking at weekly resistance at 1.542ish. Daily at 1.539 Potential divergance on daily. Regardless of what we're saying I still am feeling bullish.


  5. #5
    Weekly chart indies that we have met resistance, as does daily. If we go through it then we can hit the prior resistance of 1.59.
    If we go down then I would not be surprised to see it back down to 1.54.


  6. #6
    Weekly candles reveal us in the base of a range. Bullish. Broke out to the upside on range. Might be the exact same. Weekly line shows a fashion line bouncing off. Bullish Daily line shows us bouncing off resistance line. Would prefer to return to line a little before buying.


  7. #7
    Hey Yamin

    Excellent to see you've started your own journal. I believe it's a good idea before you put trades, to look into your thought process. Like you mentioned, it forces one to think things through more carefully and this I believe is the best way to find out.

    What might be useful as well would be to present your reasoning behind every trade and perhaps mention how you are trading (method/system/style etc).

    Good luck with your trades!

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.