Glad to find this thread!
I've been looking around on different forums for
just the type of information being discussed here!
Thanks to everyone!
:thumbsup:
Revenge trading is the worst! It shows that we are operating under
a false assumption - that we are trading against the market.
The market never took anyone's money. As traders we ARE the market.
There is only us trading though our brokers to the best of our ability.
Our trading skills must...
Just a few pips right around London open.
Just showing how I use Parabolic to give
an idea about possible entry opportunity.
It's the quality of the price action itself
though, that gives me the "go" signal.
BTW: Just because I've only posted wins,
don't worry, many are the losses! But...
I thought that I'd provide links to info about
the three components of the setup that I'm
using here to monitor the E/U market:
*Range Bars
*HA Candles
*Parabolic
I started with the observation of price action and put these elements
together to help me identify the type of market activity...
Most Excellent, Yellowlion!
Best to you as well!
DB
Here's a nice shot of how nicely range bars together
with HA candles can help identify trending early.
I use the Parabolic for the actual entry signal.
Got some nice quick pips on this run a few minutes ago.
Hello my friend!
Yes! I try the best I can to be.
I'm a newbie demo trading forex (E/U) right now.
I hope to be able to develop the skills to
apply to futures as well.
I'll try to post some trades shortly.
Best of trading to you!
DB