Trading Forex

Discussion in 'Journals' started by padutrader, Jun 2, 2019.

  1. padutrader

    padutrader

    i trade context....and i try to see who is in control, by looking at bars,their size, to see how strong the move is.

    everything in market is fluid.....what buyers and sellers did at some point in the past does not interest me

    what is the meaning of strategy? i see no meaning in it.....there is only meaning in where the market is going

    do not have a strategy apart from studying bars to see if the move will continue or close to turning.

    i used to do this by trendlines but recently i have found checking bars is more exact while trendlines give approximate places where something may happen.


    this i do by listening to market......it talks many languages.

    the way i analyse the way i think is out of the box and unconventional.....and if i explain it people will mock it.... as has been going on.

    my destination, where i want to go, what sort of trade i want to be, is also far different, from that of others

    i know all this is not useful to you......

    but it will take too long to explain in detail how i do this and after all that effort you may not understand what i am saying.

    I like Brooks because he does not say do this....he does not explain in terms of strategies though he does mention a few setups. He focuses on what market is doing and what the buyers and sellers are doing....

    i have taken all his explanations and removed all the classical stuff and am left with the purest and simplest of logic as to the health of the move.

    that is all i am concerned with
    is market going up or down

    brooks is not for the novice trader...he has mentioned this in his preface...and a novice will not have a clue...

    you are not a novice trader so you will benefit.....
     
    Last edited: Jul 3, 2019
    #821     Jul 3, 2019
    SimpleMeLike likes this.
  2. Basically, hours in front of the screen. Nice work Padu.
     
    #822     Jul 3, 2019
  3. padutrader

    padutrader

    you have to discover things.....if you see a bar with a wick on top what is the meaning of that wick in the context of the uptrend or down trend.
     
    #823     Jul 3, 2019
  4. padutrader

    padutrader

    yep but just spending hours or years will not help if you do not think right.

    this can be the most confusing place if you do not think right

    and you listen to half baked ideas from others who claim to be teaching or helping you.
     
    #824     Jul 3, 2019
    Onra and nooby_mcnoob like this.
  5. padutrader

    padutrader

    nice to see eur swinging with some volatility......even in asian session
     
    #825     Jul 3, 2019
  6. padutrader

    padutrader

    when the cat is away mice will play....holiday in Trump country today

    Sorry i meant United States of Trump
     
    #826     Jul 3, 2019
  7. Since somehow in spite of The Donald, things have worked out okay the last couple years, we have learned to be merely amused at his antics instead of alarmed. It could have been worse... there was Hillary, after all. Meanwhile 4th of July is a great time for fireworks and picnics and stuff and remembering how a pretty cool nation was born. We have made a lot of mistakes but overall I like my country and I love my 4th of July beer and barbecue.
     
    #827     Jul 3, 2019
    Onra likes this.
  8. padutrader

    padutrader

    all that world see's is the government of America....

    thank fully that does not reflect upon the people of America
     
    #828     Jul 4, 2019
    justrading likes this.
  9. padutrader

    padutrader

    BTW i think you read too much into my flippant renaming of your country....

    it is Trump's country.

    just do not want to write the same boring stuff .....always try to make it a bit picturesque.

    Enjoy your barbecue and freedom
     
    #829     Jul 4, 2019
  10. Thank you so much padutrader for the response.
    What does novice trader mean?
     
    #830     Jul 4, 2019