I was marking up a chart, but it was rather detailed and taking me forever to make it all nice and pretty. I almost just made a 5 min video to save me some time instead of asking all the questions on the chart
Since the post I made discussing my troubles a few weeks ago, lately I've been having some really good days!
The following user says Thank You to forrestang for this post:
1. Thursday is the ECB rate decision followed by a much more important news conference at 7:30 cst by Trichet of the ECB. I suggest you do not trade before or during that news conference, for those who have been with me for awhile you may remeber what happened last month. Trichet's comments will rock the Euro, be very careful during this time
2. Friday is non farm payrolls in the U S again I suggest you do not trade in front of this announcement, the mkt will be very choppy before it. Be careful after the news - there is an ole wise tale that the 1st move on the news is usually the wrong way
The following 16 users say Thank You to cjbooth for this post:
Charles, i have just finished viewing your lattest video and i must tell it with more than a simple thanks that what you did in this thread is above average performance and sharing. Your system is sound, simple and relatively easy to trade. It's worth more than many of the systems that are sold at high price and too difficult to really master. Although the setups are not abundant a trader can easily adjust the size of each trade accordingly. A potential of $1000/week using 1 contract is realistic in my opinion. Someone that would need more would just need to trade more contracts instead of changing system to get more opportunities. I sincerely hope you'll win the contest.
The following user says Thank You to trendisyourfriend for this post:
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
The following user says Thank You to Big Mike for this post: