In algforex.com we did Call.
Sell very small EUR/USD 1.3333 and Buy USD/CHF 1.0757 very Intraday. Stops to Entry as soon as possible.Later EUR/USD may will go little more Long for bigger reversion.
DON'T HUNT TRADES !!!!!!
You don't have to hunt profitable trades, if you will wait, they will come to you. LET PROFITABLE TRADES FIND THEIR WAY TO YOU!!!!!!!!!
The difference between the consistently profitable trader and the trader who is struggling is that the profitable trader has learned to let profitable trades come to her/him. The profitable trader waits for a proper trade set-up and is anticipating it, the most important thing about a consistently profitable trader is that she/he is willing to forgo a trade that does not show a clear advantage.
Great trading is more about waiting for proper trade set-ups and opportunities than it is about being smart. If you wait, proper trades will seek you out, begging you to come in and enjoy and partake of the profits. That is the master discipline that MUST be developed if you are to enjoy a good living trading.
It is hard if you feel the need to constantly be in the market. The more you are in the market the more you are exposed to risk and the more you expose yourself to risk the more likely you are to be bitten and bitten hard. You have got to develop 'THE ART OF WAITING', it is one of the master trading arts along with confidence and disciple.
YOU CAN DO THIS (^_^). Start with learning your candlestick psychology and force yourself not to trade unless you can see a clear trading advantage. Use your demo to help develop this discipline if necessary. Your charts will tell you more truth than any other source learn to read it like you read your favorite book.
Lastly WAIT for profitable trades to COME TO YOU!!!!!!!!
YOU CAN DO THIS (^_^)
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Also hold Today's Entries as much as you can.Our trades based on Intraday - Daily reversion. Reversion level is Pivot level. Same time they are strong resistance or strong support. Resistance we do Sell, support we do Buy. Thees Entries are 2-7 pips accuracy. And Stops are 25 pips. Later after price moves 15 - 25 pips of Profit move Stops near Entry. Also we do trade follow broken Pivot. In this
Last EUR/USD Short since 1.3414 (Entry with 1 pip accuracy) we have about 250 pips and still Hold.
Watch Video above one more time.Listen to the market, not the media or your financial adviser or conventional investing wisdom.
This year we do not do nothing just Sell EUR/USD and Buy USD/CHF.
I'm looking to take some Profit in 30 pips.Later in algforex.com I'll do Update for reversion and new levels for our Main Trend.Sell EUR/USD and Buy USD/CHF.
In algforex.com we did Update for adding"small" and "bigger" EUR/USD Short and USD/CHF Long.
Later we'll show in this Blog.
EUR/USD 1.3414 short "bigger amount" came with 1 pip accuracy.
Watch one more time Video :"EUR/USD temporary reversion Long is over"
Today we'll do adding, but just in algforex.com.
Listen to the market, not the media or your financial adviser or conventional investing wisdom.
"EUR/USD temporary reversion Long is over" watch one more time.
EUR/USD Short and USD/CHF Long Stops near Entry.
New Update is done in algforex.com. Video "EUR/USD temporary reversion Long is over" watch one more time.
This year we're EUR/USD Sellers and USD/CHF Buyers.Patterns of volatility and trending are always shifting, and they change across multiple time frames. Because of this, no single trading method will be successful across the board for a given market. The successful trader not only masters markets, but masters the changes in those markets.
Live Call just in algforex.com.
When you hear of someone making a huge Profit in the market on a relatively small or average trading account, you can bet the trader was not using money management.They more than likely exposed their trading account to obscene risk due to an abnormally large “Trade Size.” The trader may have just gotten lucky and experienced a profit windfall. By trading in this manner, it’s just a matter of time
EUR/USD we'll trade same like Yesterday, but level of support in algforex.com is different.
Know what you are going to do before you do it.Our trades based on Intraday - Daily reversion. Reversion level is Pivot level. Same time they are strong resistance or strong support. Resistance we do Sell, support we do Buy. Thees Entries are 2-7 pips accuracy. And Stops are 25 pips. Later after price moves 15 - 25 pips of Profit move Stops near Entry. Also we do trade follow broken Pivot. In
Today in algforex.com we'll trade EUR/USD.
Our trades based on Intraday - Daily reversion. Reversion level is Pivot level. Same time they are strong resistance or strong support. Resistance we do Sell, support we do Buy. Thees Entries are 2-7 pips accuracy. And Stops are 25 pips. Later after price moves 15 - 25 pips of Profit move Stops near Entry. Also we do trade follow broken Pivot. In this case I do make special note. It works just
ANTICIPATE
One of the biggest mistakes traders make is jumping in at the end of a price move. Once price has a direction, we expect for price to move that way forever, and either fail to secure our profits, or try to keep riding a profit train that has come to the end of the line.........This is a costly error. Price does not continue on forever; at some point it is going to turn against the current trend. Believe me, I love to ride a good profit train and hate to get off of it, but price is only going to go to it's next destination before returning to the station or moving to a totally different one.
Your current trend will not go on forever no matter how good the news or the economy is, at some point trends like rivers develop bend and curbs and ultimately reversals. It helps if you know where the river banks are. That is where your support and resistance come in, price may turn at a resistance/support point or it may simply move sideways before finding a way to follow the current trend. These are areas that you want to pay particular attention to price action.
Most of the time, your candlesticks will show you the direction you must take at these areas. Learn to anticipate where your price is going to move. That is how your trend line, candlesticks and support and resistance work together to help show you the most profitable trades. If you are trending, buy pullback/sell rallies in harmony with that trend. If you hit a resistance, then look for a validate candlestick reversal before shorting that resistance, if you are at support begin to look for a valid candlestick reversal pattern to bounce off of that support area. If you don't get these patterns and price keeps going then it is time for a new strategy, but following your trend is going to yield your most profitable trades.
Follow where your price leads, but your trading tools help you to predict where price maybe headed. Anticipations makes for some very lucrative and profitable trades.........
YOU CAN DO THIS (^_^)
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Remove yourself from the day-to-day noise and write down what your original thesis was.
Clearing off your mirrors will tell you what direction you are moving."04/19 Intraday Video Update" above.
In algforex.com we did Sell USD/CAD 1.0109.We did move Stops to Entry as soon as possible.Some people lost 7-15 pips.Now let it go USD/CAD. We'll see on Monday.Most traders after their first string of successful trades. Instead of following the same rules for money management, the trader begins to machinate about having thousands of extra dollars and starts to equate the first string of wins with
New Update is done in algforex.com.
Learning the technical skills is vital, technical skill alone is not enough. Understanding your personal psychology and how it interacts with the market, along with learning the skills needed to master the craft of trading and the skills needed to protect yourself from poor trading behavior are just as vital.
No new Entries. New Update coming in algforex.com.
Patterns of volatility and trending are always shifting, and they change across multiple time frames. Because of this, no single trading method will be successful across the board for a given market. The successful trader not only masters markets, but masters the changes in those markets.
Watch Video above: "USD/CAD we're looking for 350-400 pips."
We got USD/CAD 1.0007 Short with 1 pip accuracy.Stops near Entry.Later may will see break higher until 1.0065.
Do not go fallow me in blind, be The Cat that Walks by Itself.
Know your reason “why I did this Entry?” and ask yourself frequently:Why am I in this trade?Why do I like/not like this position?
Next Live Update just in algforex.com.
First you must find or develop a trading system that matches your personality and style of trading. Many traders fail because they choose a trading system that is not in alignment with their belief system. For example, chances are if you’re a loner and don’t like crowds, then you will not be a good trend trader where you would be required to follow the crowd of traders to make money by being with
USD/CAD Entry 0.9991 Long "break even". Next LIve Update just in algforex.com.
First you must find or develop a trading system that matches your personality and style of trading. Many traders fail because they choose a trading system that is not in alignment with their belief system. For example, chances are if you’re a loner and don’t like crowds, then you will not be a good trend trader where you would be required to follow the crowd of traders to make money by being with
You are able to make money only when you know how and when "Do Not Trade".If you are loosing it's because of wrong Entries.Feel pace of Market and make just Safe and Perfect Entries.It means "Do not be in hurry".Now money flow like free water.Our trades based on Intraday - Daily reversion. Reversion level is Pivot level. Same time they are strong resistance or strong support. Resistance we do
On Sunday night I do not Trade USD/CAD.
On Friday it did come strong unemployment news numbers.Live safe Entry just in algforex.com.
LISTEN TO THE WISDOM OF THE CANDLES
Your candles always have a tale to tell and you would be very wise to listen as they whisper hints about what is going on in the market. In order to trade your very best, it is very very important for you to learn to properly interpret the language of your chart. Now you can use either the bar or candlestick chart to do this, there is really no real difference in the information between the two, but the candles give you a clear immediate visual advantage over your bars. Whether you use bars or candles isn't as important as being able to understand what they are saying to you.
Learning to properly interpret this language will save you hundreds to several thousands of dollars. The trader who has taken the time and patience to learn this language heaps huge rewards as a benefit, but those who don't suffer the wrath of the market time and time again.
Now it is possible to have a perfect understanding of the market and still miss it. All the proper interpretation does is give you an advantage that will put profits in your pocket most of the time.
Your charts are always telling a story and if you can properly interpret that story the market will pay you big dividends for that knowledge.
Here is one of my favorite beginner candlestick video:
Also pick up Steve Nison's candlestick book at your local library: THE KNOWLEDGE IS THE POWER IN TRADING, and having it is the difference between going broke and thriving.
YOU CAN DO THIS (^_^)
New Update in algforex.com coming.
This week since Sunday we did get all Entries and all Targets.Let's wait 2h more for new Entry. For now I do not see good correlation just Hold EUR/USD Short since yesterday.Our trades based on Intraday - Daily reversion. Reversion level is Pivot level. Same time they are strong resistance or strong support. Resistance we do Sell, support we do Buy. Thees Entries are 2-7 pips accuracy. And Stops
EUR/USD Long since 1.3460. Target #1... 1.3486, #2...1.3525. Stops to Entry. Do not loose no one pip.
If EUR/USD will break 1.3455 lover. Target 1.3384.
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