Pure Price Action For Dummies

I Was waiting for this moment, to go short on Dax.

Hi Tinlip welcome, I think gs8888 have the copy ,I used to have the soft copy but my laptop is no more working.

QUOTE=tinlip;627848]Hi everyone this is my first post on here I didnt want to post anything until i had read the whole thread but this seems like a good time to break that line of thought. Just followed the link and it says link not valid just wondering if the doc was available from another location

many thanks[/QUOTE]

It is very good entry but you have too many indicators on your chart.

Ok my NU pair closed with 43 pips. Done for the day.

[QUOTE=“sharebazar;628453”]Yesterday hit my TS and closed the position with 30 pips. 15min TF <img src=“301 Moved Permanently”/> Today open another position and also closed with 36 pips. 15min TF <img src=“301 Moved Permanently”/> All together 66 pips on AU pair. Still holding 1 position on NU pair lets see how many pips can make.[/QUOTE]

Can you please when did you took this trade and what was the strategy behind. Please PM if Possible. Thanks

Hi If you see the Nikita’s post on previous page where she explained beautifully with the chart. Hope you will understand.

link does not look valid, please share if any one the document

And today we had a very narrow day!

Which you all a nice weekend.

“It is not enough to have a good mind. The main thing is to use it well.” (Rene Descartes)

Teachme, try this:

Download NikitafxTradingMethod.odt from Sendspace.com - send big files the easy way

I used Open Office, (hence, the .odt extension) a free, open-source application very similar to Microsoft Word. The file contains the posts Nikitafx made, outlining her trading plan, includes the charts and hopefully, I’ve copy/pasted them in correct order. Good luck and good trading.

Mike

ps - Thank you Nikitafx for a wonderful, “silly” trading plan. I like it, I’ll try it. Best wishes and happy pipping to you too.

[QUOTE=“Pipowski;629184”] Teachme, try this: Download NikitafxTradingMethod.odt from Sendspace.com - send big files the easy way I used Open Office, (hence, the .odt extension) a free, open-source application very similar to Microsoft Word. The file contains the posts Nikitafx made, outlining her trading plan, includes the charts and hopefully, I’ve copy/pasted them in correct order. Good luck and good trading. Mike ps - Thank you Nikitafx for a wonderful, “silly” trading plan. I like it, I’ll try it. Best wishes and happy pipping to you too.[/QUOTE]

Thanks its working

Welcome :slight_smile: Wasn’t sure exactly which document went missing - hope this was a good guess.

[QUOTE=“Pipowski;629184”] Teachme, try this: Download NikitafxTradingMethod.odt from Sendspace.com - send big files the easy way I used Open Office, (hence, the .odt extension) a free, open-source application very similar to Microsoft Word. The file contains the posts Nikitafx made, outlining her trading plan, includes the charts and hopefully, I’ve copy/pasted them in correct order. Good luck and good trading. Mike ps - Thank you Nikitafx for a wonderful, “silly” trading plan. I like it, I’ll try it. Best wishes and happy pipping to you too.[/QUOTE]

If we going to spend five years on average wrecking our brains over some concepts that are very hard, might itself go get a university degree. Atleast the returns, though much smaller, are pretty much guaranteed!

This week is the first I’ve seen your plan and I’m trying it. I just finished blowing my first small account and I feel like making some money now. :slight_smile:

Thanks again.

Hi everyone,

I am not sure how to subscribe to this thread. It seems, once I post something, it’ adds the thread to my list.
Is there any other way around it ?

Cheers,
Tawaraja

Hi Tawaraja,

Up at the top of this page is a row of drop-down menus… The 3rd one from left reads “Thread Tools”. Click that, click subscribe and that should do it. Welcome to the thread! :slight_smile:

[QUOTE=“Pipowski;629212”] This week is the first I’ve seen your plan and I’m trying it. I just finished blowing my first small account and I feel like making some money now. :slight_smile: Thanks again.[/QUOTE]

We all do.

Ive only known one trader who did not experience blowing an account right from the word go since doing forex trading very close to three quarters of a decade.

The rest do it. Its a rite of passage.

The first lesson, and probably the hardest to master is patience.
Wait for the entry, wait for the formation.
Learn to accept missed trades and losses.

I miss a good trade and rush into the next to have it blow in my face for a long long time. And Ive blown some cash in this.

Ive been in nearly all categories of psychological basket case trading.

Thats why they say dont put in your kids college savings, hoping to make anything. Not because its so difficult. Its about emotions of loosing.

Avoid scalping and high frequency lower TF trading.

The rest will fall in place.

Nikitafx what do you consider low TF ? would you not consider 1 HR lower TF ?. thx

[QUOTE=“tonyro44;629346”]Nikitafx what do you consider low TF ? would you not consider 1 HR lower TF ?. thx [/QUOTE]

That used to be the highest TF i use to trade.

Now thats the lowest I look at.

Never for entry though.

Its just confirmation and SL wave charts.

I prefer H4 for signals. But the rest, I stick to DTF and Weekly

Link do not work.

Sharebazar, I have the same problem of which to hold, which to cut and which to add on too till today.

Last weeks position has been moved to BE. The one I added today is a small lot, since its a monday.

Still banking on weekly TF to tank south.