redsox11:
Australia-Canada (AudCad) on my radar. Going to find short scalp. Doesn't look quite right though.

redsox11:
UsdCad thrown into the mix

What else can I say. Trading could be this easy and that's because I've paid my dues. Scratch that, I'm sounding like some crack head professional. Let say I just got lucky LOL.

DONE. 3 days of trading. Definitely not for new traders.
Going to put in for withdrawal right away... Something for boys for the weekend.

redsox11:
Going to put in for withdrawal right away...

redsox11:
Sloppy day , no time to trade or manage trade. Until tomorrow.

redsox11:
===================================DOCUMENTARY 1 ========================================

Good read from Dongsky ;

I started trading and i didn't have any clue at all of what i was into. I signed up for a live account (5k regular acct at fxcm) after a sales person from fxcm made a lot of very promising sales pitch about forex. I remember him saying " having an investment of $3,500 (regular account) you can double your equity in no time" until now i don't have a clue what he meant by that. I opened an account thinking i will become rich in a quicker manner but to my dismay several days later, the market had skinned me alive.

I funded my account several times and until i realized my lifetime saving was now bleeding and said to myself something must have to be done, and as soon as possible. I was sitting infront of my screen after a long afternoon of business accounts consolidations (my own business - small cafe) i was reading few threads from FF and stumbled to fti's thread, TFA and i was really stuck to his thread. I was so interested and read the thread through (4 full days) and re-read again.

I've learned from him how to follow and read the market, feel the pulse and react quickly to whatever she (the market) gives. I really enjoyed experimenting fti's rescue tactics but i preffered cutting losses and running profits than rescuing my troops for i never really had a high success rate by doing so. until now i'm still doing 112 & 113 attack sequence as fti's teaching, I preffer to stick on attacks than rescuing.


And then i came accross the thread of feb's trading with irony and again captures my interest. as i was reading his thread, again there's something in me that boiling deep inside trying to blow my brains off. just like fti he too trade basically using pure price actions, but he's got some methodology and clear cut rules.

Now i have their methodology combined fti's art of war and feb's V's formation, AWESOME!

November last year, was the month i say the golden month and the turning or say reversal moment of my trading career heheheeh. since then, i managed to recover all my losses from day one and managed to secure some pips profit

enolife2:

please which Analysis tool are you using to draw those lines and big arrows

redsox11:
Looking at AU and NU for short scalp. I've got only 1hour to babysit any possible entry.

redsox11:
Try JING

redsox11:
This week scalp trades. Waiting for earlier mentioned pairs to give me entry set up.

femora007:
if i may ask, how how many pips is the stop loss use on the average

redsox11:
Scalp on my radar right now. Long Australia-Canadian Dollar (AudCad) and short Canadian-SwissFranc (CadChf)

redsox11:
On my radar for scalp, long UsdCad and AudCad, short CadChf.