Thread: My new life

Hi, my trading recently is bad. Im feeling exhausted every transaction I put in is a loser. I dont know what todo.i took occasionally off in the market, do some studying and exploring. I will trade renko, support and resistance for now on. I need to honest to myself thus openup this diary to maintain all my document. Happy trading to all.

here is my first trade. Cease already break even because market movement in favor for 60pips. Also I will use this equity percent mimicking excel spreadsheet (thanks to the percent who generated )

Hi! I'm a fellow EURUSD trader Could I suggest looking for shorter term projections based on current momentum?

Trying to figure out a rate weeks or months in advance is not wise in my opinion... the bankers are responding to the EU astrophe as we speak... trying to project next month's price is like trying to predict the weather .

No complaint, only my own comprehension.

Originally Posted by ;

Hi! I am a fellow EURUSD trader Could I suggest searching for shorter term projections based on current momentum?

Seeking to find out a rate months or weeks in advance isn't wise in my view... the bankers are reacting to the EU astrophe as we speak... attempting to project next month's price is similar to trying to forecast the weather next month.

No criticism, only my own insight.

Thanks, I do agree. I do not forecast the market. I care where it goes. Thanks for the input. Sometimes u feel really good if ur prediction is accurate at the price turning point. Then ur mind will take that prediction habit and augmentation a little spot for memory. It's bad so right now im practicing the Sedona way to reprogram a few of my bad habits in trading. Thanks bud. Come and discuss ur knowledge so that I can learn a little from everybody.

Oh buddy! So quick I'll be with this...

I'm not attempting to let you know exactly what to do. For ME, it was all about STOPPING calling the tops and the bottoms, and just riding the current momentum a couple more pips out of where it has come from.

Quite simply, in a big trend, I made lots of transactions, and when it was finished, I had been happy if I grabbed a nice percentage of the transfer.

Then I'm not so vested in a single trade.... And a reversal from the bottom or top isn't gut wrenching. That said, whipsaws can kill.

Im from my trade using 113 pips.

euro charts. Euro was truly have a wonderful opening range break out now.

Your charts are fine... I'll hand you that. COMPLETELY different style than me... and my last transaction was a loser

thanks man. I understand how to draw but I just have difficulty with my plogy and money management. Thats why 3 years of trading I have a time double, triple my account, then I gave back into the market. I took 6 weeks off from market and get all things straight out. Today im coming back into the market with just a small account and I wish to see some progress with this small account. After 6 weeks with this account I will open up futures account to exchange 6e.
Happy trading day bud. Thanks for all ur input.

ha. Any buyers in this zone ? Lets see just how they going to appear.