That is very kind of you to try and "let me down gently". Of course you are entitled to your opinion. You will know that calling trades and targets can change depending on many factors. There is the timing aspect, there are price action factors, there are candle shapes which give rise to market moves, news etc.. I give my reasons and what i will do 'if' this happens. so its like 'if this happens' i will ... so if price goes above this line i will ...., and if it goes below this price i will ... if you have some experience trading and i assume most people here have, then you will know that you need to have a plan for every scenario and its not just about having a stop. you need to anticipate any eventuality.
Unfortunately i dont possess a magic ball that sees into the future, but i can read price action quite well for short and longer term targets, as anyone will be able to do if they spend the time studying a particular market. I know a guy that specialises in the eurusd and cable. he says that he cant turn the same profit trading other pairs which tells me every market has its own character and peculiarities which you can exploit once you learn them.
Yes, i have a different style from most, which may go against some conventional methods of trading but it works for me.
All i wanted to do here was to share and discuss techniques so we can all benefit from each others trading. Look, i really do do ok from my personal trading but as always we can improve.
If you feel my presence here so offensive then i will go. i had no intention of coming here to recruit new subscribers. But i know many of you wont accept this as being true. I wanted to open a discussion about scalping the ftse and to share what i do but most of the people reading this thread can't see past the word 'vendor'. I will brace myself for the deluge of negativism which i suspect will ensue from this post. To be fair i have had some good PMs and added some people to private discussions which is great.
