All of you are giving me great advice and I’m reading every word of it…
I cleared my charts out…I spent so much time on learning divergence trading using indicaters and cross overs of MAs, I got lost in the mix…
My win lose rato is 80 to 90%…lol…
I made 5 trades in one night last week…
Won 4 of them…about 22 pips total gain…only had one loser===75 pips…lol…
I went into a EUR/YEN trade a few nights ago and everytime
I wanted to sell it,I looked at the replys on here to me and let the trade go.
I used everything I know about tread lines,support and resistance and also candle sticks.
Keep the trade going,waited for the swing highs and then moved my stop to them.
Trades worth over 300 pips now and I have about 260 of them locked into profit.
I’m using the Daily chart the 4 hour and 1 hr charts for the trade…Its starting to look
like it might swing back up on the one hour soon.
And I’m going to start learning more about Elliot Wave and Fibonacci…
I do like my MACD indicater though…I’m keeping her…lol
Learning this Market is not easy,and its made harder because of all
these Forex Master Guros out there who sell us there courses for 1000sss of dollars,
then they tell us too wait for this line to cross that line and when it does buy my other course.
The stuff I learned in the courses and books I have,its all here on
BabyPips…should of came here years ago
You guys are right,its risk and money managment,long term trading,price action and the
Biggest one of them all…MENTAL…Learning the psychology it takes to trade is the
hardest thing I have ever tried to do
One-thing though,I lost 1000s but others lose 10,0000sssss…the person who posted called Karma Senge said he lost millions…WOW. thats alot of money…
Its like the storys we heard about the Stock Market crash…Guys jumping out there office windows at the end of the day…
Look at how life is now,Kids coming out of school today 100,000 in student debt just to get a job making 50,000 a year, if there lucky…There’s a cost for education…have we lost or are we learning…
At this point I’m not in this for me,my soul is in it…for some people they see the light pole a mile away and for others,
we walk right into the dang thing…Humble is the word for the Forex
Thanks again everyone…Joe