94840Of course, Jake, mystic has every right to be happy and revel in the money they won. Right. But we have left, I want to keep on learning and studying .
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94840Of course, Jake, mystic has every right to be happy and revel in the money they won. Right. But we have left, I want to keep on learning and studying .
94840 Welcome back folks--after a lengthy sojourn, I am here to share my experiences analysis as time allows --following a prolonged period the late portion of 2008 saw the most trecherously trending market--USD return into its own colour --money management is the most important thing to endure this rollercoster market. Ironically, I started this thread with an element of gambling--but it showed how strong MM would be to make or break a trader's account. An infinite potential hides in Currency Market if you have a consistent egy.
In case your R/R gt;1, your win% don't need to be more than 50 percent to become profitable. Your risk of ruin will be practically 0 in case a risk per trade lt; 1.5% with preceding parameters. For more details, I advise you to see Tushar Chande's'Beyond Technical Analysis' publication.
Anyway,
I still use Demark system using discretion. Your MM will bring the winner out of you, although as I said, it's not only system.
Currently I visit a market in Gbp/Usd below 1.5290 to get a near term goal below 1.49 ( a possible H S at making I believe using a divergence at demarker indior--chart attached)
94840GBp/Usd 1st target attained!
GL/GT
94840Nice to see you back mysticgenie happy new year bro .... Trade attentively this year
948401 Structure (s)Gbp/usd target 2 achieved @ 1.4580--
Currently I see a long on Usd/Cad over 1.2215, SL under 1.2100 for 1.2400 preceding --
94840Regarding once the arrow seems, after close of the candle which broke the top or lower trendline: that the demark indior - would you recommend to wait for a bit for some retracement and enter the trade in order to make more pips?
Or is it better to jump in the trade right away (after near the candle along with the awake arrow)?
Thank you very much if anybody could post his/ her experience.
94853 I guess not every trade will look as perfect as this one:
94840 Wasn´t the lower trendline broken in this screenshot ?
Curious as there wasn't any arrow or alert.
Or what exactly does the green horizontal line indicate?
The alarm went off.
Even though the trendline was broken two hours earlier.
Does the indior take into account the quality of the trendline break?
Like - candle that broke the trendline and closed below, was in comparison to previous candles considerably longer?
Did the indior anticipate a potential change and think about the transaction to be taken too risky?
948404 Structure (s) A few great recent opportunities:
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