Recent content by Woodzy

Think about a 00 level like a magnet, price gets pulled towards it when close by, and once there can often be stuck to it for a while as the bulls/ bears decide the level. Now in the first chart there is a good trade able distance +10 pips before the 00 level, and price does accelerate with the...

Those who keep asking about free tick charts/ platform, just google ninjatrader demo, there is plenty who provide. As you have being using FXCM, here is their free ninja demo, http://www.fxcm.com/products/ninjatrader/free-software/ Scroll to the bottom of the page to find demo sign up, not...

Hi not sure why you had that gap, apart from that compares alright with Pro (see image). One thing to check, it may just be my personal issue, but I was using Ninjatrader with MB demo connection, and I found that the data feed I would receive live differed from the historical if I was to reload...

Maybe a bit eager with the first trade, but felt price had found support at the 50 level and previous resistance area the arrow points at. Taking the loss I waited for the 50 level to play out and when the lower high under formed, took the RB short

You are so right. I fill stupid why I have ignored the tipping point at times. I did feel calmer during the trade, I knew exactly where I was exiting, no second guessing the market as you say. I will work on keeping that discipline in future trades, and I hope in time I will have the mind-set...

Great post Traderallen, a frank lesson. I will think about the post and your suggestions. I know I should not feel any emotion when trading, but I admit I do, and I know this is the major challenge I need to overcome. I wonder did you just change your feelings with time and experience, or was...

I wanted a test today of holding a trade until either 10 pips or tipping point, and I bloody got one, nearly an hour watching this

Hi YT, my biggest challenge is battling the emotions and trying to think in probabilities as Bob talks about in the book. At times I’m fine, but I think one problem I have is that I only occasionally have days to trade, so feel frustrated if a positive trade turns and goes against me, because...

Two similar trades I took today at the begining of my trading sessions, but I still struggle with holding for 10 pips. Both made the 10 pips, I just got to trust the tipping points

Ok that makes sense now, and yes I have just noticed that when I open my platform this morning, a new tick bar starts instantly.

I use Ninjatrader for my charting with MB trading demo connection, but I have noticed the printed bars can change when I reopen the platform. This is a trade I took today, which at the time appeared as a DD long setting up right on the EMA, but after re opening the platform and looking at the...

Traderallen there is some good advice in your earlier post about staying focussed. Also on the days I can trade I’m trying to limit myself to 1-2 hours sessions as you do, it’s much better fully concentrating a shorter session than getting bored and distracted watching the charts all day

Hi auto You are shorting straight into that line you have drawn which is a level of previous resistance and could well act as support now. Also this is close to the 40-50% retracement area of the last bull move up. So personally I see that as two unfavorable conditions for the trade short

Thanks for providing these priceless additions to the book. It is also encouraging that most of my own analysis agrees with Bobs charts, including the trade I took last week in chart 5 :thumbsup:

Thanks for the videos I noticed one of your other videos that you seem to have a different way of entering BB RB entries to the book. In the book unless I’m mistaken the horizontal barrier line in these setups are the trigger and we enter 1 pip above (long) / below (short). You seem to wait...