Dianes journal - Page 2
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Thread: Dianes journal

  1. #11
    Pick where you should put your stop FIRST. . Before anything else at the exchange... then decide on your trade size or amount to trade... pick an amount that will not hurt if you lose.... Then you walk away from the computer with no worries... And almost always the perfect place to place the stop will be below or over a recent low or high...

    GBP/USD... another appearance.... Three falls... twice now retrace to the 61 fib lineup... will it do it a third time...?? I say a fantastic possibility that it will....

  2. #12
    Here is another way to look at it someone else simply showed me...!!!

  3. #13
    Quote Originally Posted by ;
    Pick where you should put your stop FIRST. . Before anything else at the trade... then decide on your trade size or level to trade... pick an amount which will not hurt if you lose.... Then you walk away from your computer without any worries... And almost always the best loion to put the stop will probably be below or above a recent low or high...

    GBP/USD... another appearance.... Three drops... twice now retrace into the 61 fib lineup... does it do it a third time...?? I say that a fantastic possibility it will. .
    I have never thought of placing the halt first. Appears to be a fantastic idea. I always take only 1 lot at a time. I haven't learned how to draw fibonacci lines (I omitted that part at babypips.) I, however, can ceck it out.

  4. #14
    Quote Originally Posted by ;
    along with the thread Concerning The Daily Fozzy method. I think that the method suites me from the time that the candle shut. I haven't determined how to cope with that issue yet. My time zone is GMT 1

    Now when I look at the 5 min chart that the price is up and seems to have paused by means of a resistance around 1.9950. And now? Just wait?
    My target for this transaction is around 2.0460
    Should you make a transaction based on a daily sign... then you must NOT worry about 5 min charts...!!! That's just noise...!!

    Daily charts and signals.... means analyse daily candles...!!!

    Sorry to stick my nose in... I know, I need to find a life...!!!

  5. #15
    Quote Originally Posted by ;
    This is another way to look at it that somebody else just showed me...!!!
    That was a different wiew of it. Interesting how people can se things distinct. Looks like it's going down with no bottom...

  6. #16
    Don't worry about this fibs...!!! Well, yes, you want them... but take them away and the thought still stands... look at the orange lines drawn at simple places that pull your focus... support and resistance lines... places where price will want to go to or stop at.... The fibs were not needed in this chart necessarily...

    Look back at post # 8

    Quote Originally Posted by ;
    I have never considered placing the stop first. Appears to be a good idea. I always take just 1 lot at a time. I have not learned how to draw fibonacci lines (I omitted that part at babypips.) I, however, will ceck it out.

  7. #17
    Quote Originally Posted by ;
    Sorry to stick my nose ... I understand, I want to get a lifetime...!!!
    It is just fun. I am sure I want it. Please continue. Besides I want to get my 15 posts to be able to send private messages...

  8. #18
    No.... Going back around the top of the channel!!!! I am hoping!!

    Quote Originally Posted by ;
    This was another wiew of it. Interesting how different people can se things so distinct. Looks like it's going down with no bottom...

  9. #19
    Guess I am too unpatient and I look at a different pair to se if I receive a signal.

  10. #20
    And soon enough we will get you addicted!!!!!!!!!!!

    Quote Originally Posted by ;
    It is only entertaining. I am sure I want it. Please continue. Besides I want to get my 15 posts to have the ability to send private messages...

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