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@  CRAIGL : (20 August 2018 - 11:53 AM) sorry eur/usd im talking about
@  CRAIGL : (20 August 2018 - 11:50 AM) 1.1450 and climbing to where u think guys 1.1500?
@  traderpusa : (20 August 2018 - 10:08 AM) either we get a double top with some serious retrace, or it breaks. wait and see
@  traderpusa : (20 August 2018 - 10:07 AM) i posted the chart with the levels i am talking about
@  traderpusa : (20 August 2018 - 10:07 AM) that's nice, already 25 pips.
@  CRAIGL : (20 August 2018 - 10:06 AM) i got a long going from 1.14098 so i hope ur right!!
@  traderpusa : (20 August 2018 - 09:47 AM) 1.1509 is the bottom of the long range previous weeks, so let's say 1.15
@  traderpusa : (20 August 2018 - 09:46 AM) if euro level breaks today, i will probably be going long tomorrow
@  traderpusa : (20 August 2018 - 09:09 AM) Lol. It has the X he wants
@  CRAIGL : (20 August 2018 - 09:07 AM) ok is it me tp XSR =extra strong resistence lol
@  traderpusa : (20 August 2018 - 09:02 AM) Maybe look for XSR not sure
@  traderpusa : (20 August 2018 - 08:40 AM) The x is just a zigzag. Forgot the exact name cause 4 years ago already. Any zz or fractal shows the same
@  ripxela : (20 August 2018 - 08:30 AM) Could you say the name of that indi so i dont loose hours searching for it my man? thanks
@  traderpusa : (20 August 2018 - 08:19 AM) Yeah I don't want to post cause the indi's are not important, can be found everywhere and I don't want to provide support
@  ripxela : (20 August 2018 - 07:49 AM) Hey @traderpusa long time no talk, would you mind sharing the green and red X indi you use? Thank you
@  Bigindoda : (20 August 2018 - 06:28 AM) waiting for breakout and retest 1.142 level
@  Bigindoda : (20 August 2018 - 06:27 AM) thanks tp
@  traderpusa : (20 August 2018 - 06:01 AM) excellent job
@  Bigindoda : (20 August 2018 - 05:59 AM) happy :lol:
@  Bigindoda : (20 August 2018 - 05:59 AM) total: +30 pip today

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Finding your trading style


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#1 shaileshm

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Posted 28 May 2018 - 11:14 AM

Recently I came across this quote :

 

I don’t think traders can follow rules for very long unless they reflect their own trading style – Ed Seykota

 

The quote I think hits the crux of a major problem.

 

For past many months I had a strategy(multiple strategies actually) which gave consistent results but for some strange reason I was always looking for new systems. And sometimes I used to even wonder why the f am I doing this, keep continuing with the old system.

 

Eventually I gave up the old system for something else, and the reason for that simply this one I feel more connected to or it suits my style or personality.

 

I was wondering how other people decided on their own trading style when they faced multiple of good looking options to choose from. It would be nice to hear some experiences from other members.


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Know Thy Setup. Know Thyself.

#2 uday

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Posted 29 May 2018 - 07:29 AM

Recently I came across this quote :

 

I don’t think traders can follow rules for very long unless they reflect their own trading style – Ed Seykota

 

The quote I think hits the crux of a major problem.

@shaileshm, you are right. Traders are not continue any fix strategy. they are every week change it. and second big problem is traders loose patient.
same problem with me so i am looser. :D


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The goal of a successful trader is to make the best trades. Money is secondary.” – Alexander Eldere62fa2059f4d4df0ac5c5a308adab76a.png


#3 shaileshm

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Posted 29 May 2018 - 11:58 AM

@shaileshm, you are right. Traders are not continue any fix strategy. they are every week change it. and second big problem is traders loose patient.
same problem with me so i am looser. :D

 

Its not so much about about keep continuing on a fixed strategy. Even if you have a goof strategy , it needs to reflect your trading style and personality. For example if you give a good strategy which gives only couple of trades a day to a high frequency trader, some one who like to take a shot every 10 min or so, the person will not ab able to get profitable with it. So there should be a match of the strategy with the person as such and this should be concuisly taken into account when someone is still searching for strategies.


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Know Thy Setup. Know Thyself.

#4 WanbutHits

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Posted 19 July 2018 - 07:06 AM

You never goes on with a same strategy style for a long period because forex market shows a huge liquidity. As forex market changes after a short intervals you should also have to change your strategy. You must have to change yourself with the present market. It is very necessary if you wants to be a good trader in future.


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#5 Tripack

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Posted 19 July 2018 - 02:30 PM

« Strategy » is not what rules, « style » more maybe. In any case adaptability and some awareness about fundamendals are key...
Taking a forum break. Enjoy the flame wars, the trolling, the hate & the boasting.

#6 traderpusa

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Posted 19 July 2018 - 08:31 PM

You never goes on with a same strategy style for a long period because forex market shows a huge liquidity. As forex market changes after a short intervals you should also have to change your strategy. You must have to change yourself with the present market. It is very necessary if you wants to be a good trader in future.

 

I for one disagree with this statement.  Price Action is valid under any market condition and have been trading the same strategy for many years.


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