Recent content by Nakotrade

I think I like the trendlines way better and would like to learn more and practice to draw them more efficiently and correctly combined with understanding the price action. Trendlines seem to make a lot more sense than any technical indicator what I see at the moment. Indicator might help to...

Yes - based on last two weeks what I have learned, I would have different approach to my trading now. I haven't paid much attention to indicators as much as should. I started to try them out lately within learning trendlines. Now I also have better understanding when been following this thread...

@f2calv Hey guys - so correct me if I'm wrong - I thought about this hedging approach and tested it on my demo account a moment ago. So if the trade happens to go against you fast when selling and you couldn't decide about stopping loss at that moment and went to open also position of opposite...

Thanks, I'll check that. a specific book/link/videos?

Not at all, thanks for advice. Markets.com - MT4

Things got out of control in one hour and in one evening - Sl were not on so I hoped Dow will get back down a bit before moving forward which never did. I wish I had as much knowledge as I have now. I joined this site and forum when got myself in trouble to get some assistance and learn more...

Yes - I would be happy with that result if it might happen and I'll close my shorts at these levels, to start again..

You see my shorts here - long way to go... I still don't know what would be the best thing to do

How possible this scenario would be Jessi you think - if the 4 hour chart finishes below that second trendline. Would it be possibly a new downtrend at least a little?

Hej Jessi, What affects that is going to have on Dow?

I'm not really sure, because I haven't had success in trading yet, so hard to define myself. I think I would prefer short-term/daily trading with lower risk. What scalper is exactly in trading?

Hey Jessi, Would you go for short here based on this daily Dow chart picture or is it too risky at the moment? I'm not opening any new short-positions and I'm not also able to. Do you consider this trendline I draw here to be strong? I'm thinking about closing my previews short-positions but...

I draw the lines the same way you have - It makes so much more sense now. I used to use horizontal lines for finding support and resistance levels based on previous highs/lows on the chart and it was a guessing game? So I have understood support and resistance levels bit wrong or the way I...

There is a strong support and resistance levels?

Because of clear uptrend? Don't have a clear idea really..