hi Baruch i think you're amazing. seems like you are always getting such great results. can't remember when was the last time I made more than 50pips in one transaction. are you still using 50SMA? I'm keeping track of that right now, as well as 20EMA, next time I enter I'd post here, just so the rest of you guys can see whether I had entered unwisely. It'd be great to see the rest of the guys trading who're reading this forum to post as well. =) We could all learn from each other! Jerome
hi Jerome, Yes, your right. We could learn from each other. And I look forward to see some posts from you about your trades. Yes, I still use 50MA - I have (paper)tested 20MA, but I don't like it. I suppose it's OK, but just not for me. Many pips? Yes, some days. My big problem is to stay in a good trade. Sometimes I move my stop to b/e (or + 10 pips) too early, because I hate losses. I don't use 1 min chart anymore - only 5 min and 30 min and 60 min. I hope one day to use 10 min instead of 5 min. I need a longer term view to let the profit run.
you use 5min charts as well? is this to discern entry positions? i tend to look for signs using candlesticks as well... but definitely still learning, especially since the candlesticks are different at different time intervals jerome
anyway where are you located baruch? right now i'm in new york, so the london session's a rather crabby time for me. i'm going back to singapore in a month's time, hopefully then i can be at the computer when the action's taking place! jerome
Hi again, No, I only use 30 min charts to entry. I use 5 min to know what's happening. Candlesticks? I know nothing about them, but they looks very complicated to me. I only use line charts.
I have just read the book, and I don't think it's good. You don't learn very much, and it's poorly written. You waste your money and time. Only good for newbies. I can't understand why Mark is such a big shot...