Candle Wax
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Thread: Candle Wax

  1. #1

  2. #2
    Hi Timex,

    Good to see your journal. Look forward to your trades and really wisdom!!
    Won't mess this thread up too much, however all the very best, and hoping to become a gr8 trader just like you!!

    Regards

  3. #3
    Yeah, my man!

    Good start, expecting to see ur first commerce call and follow up with advancement.
    Really this is a very disciplined way to Begin and convince the world that u know wot u r doing

    I will be watching

  4. #4
    1 Attachment(S ) ) Great SHORT on Nzd. I overslept and missed this. Childish me!
    Consistently SELL @ resistance and BUY @ support.

  5. #5
    We all miss trades and when we return, shout aaaaaaaaaaw!

    Anyway, don't tell us about missed trades, tell us possible trade, sl and tgt so we see your system as it evolves

  6. #6
    As you may have deduced, I have a problem with indiors. The simple explanation is they simply lag. They work in some market condition and fail in others. They fail more often than succeed. Indiors follow price, so that I had been advised. We're expected to follow indiors. Why not follow price directly? Instead of focussing on price, we find ourselves centered on indiors assembled by mathematicians and scientists. I do not need to remind one that forex trading is much more of an art than sciencefiction.

    Indiors are progr which are predicted to follow price using some basic algorithm. Since price is king, price can appreciate and depreciate at a rate faster than the indiors can cope with. At these times, the indior loses tab of the real situation and cannot record what price is done, so it is backward and the indior reflects is a mistake. With price having this irregular behaviour, time after time, the indior gets more faulty and so, cannot be trusted.

    Have you seen a trader's chart? It is all muddled up with indiors which you can hardly see price. Many traders rely so much on indiors than price . They look at indior for a price predictor, I am sure its not.

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