Ben10 Trade The Trend | Foreign exchange indicator download- MT4/MT5 resources
First and foremost - I started this post for 100% selfish reasons. Putting myself out there so I have to take responsibility.
I've been in this game for a minute. I had some great days; my best day was +$12,000. I've had some absolutely disastrous days; this was my worst day, I entered (in the wrong direction) seconds before the news came out, without stopping, the market beat me every time I tried to place a bet... I lost about $6,000 in 3 minutes.
Whenever I get arrogant and think I'm a market wizard (who must read books), I run into problems. I actually made money when I was a bored slug trading what the market gave me. This post is a public forum to make sure I do what I'm supposed to do. Feel free to subscribe and follow my evolution - who knows, maybe you'll learn something, but I make no promises.
My style <br> I am a trend trader. When I am disciplined, I only trade in the direction of the trend. I also use the weekly opening price as a guide. If the price is below the weekly open - I will only go short. If the price is above the weekly open, I will definitely go long.
I also use fractals to determine market structure. I would only go long after a breakout of a market structure high and go short after a breakout of a market structure low.
The indicators on the chart are:
I've been in this game for a minute. I had some great days; my best day was +$12,000. I've had some absolutely disastrous days; this was my worst day, I entered (in the wrong direction) seconds before the news came out, without stopping, the market beat me every time I tried to place a bet... I lost about $6,000 in 3 minutes.
Whenever I get arrogant and think I'm a market wizard (who must read books), I run into problems. I actually made money when I was a bored slug trading what the market gave me. This post is a public forum to make sure I do what I'm supposed to do. Feel free to subscribe and follow my evolution - who knows, maybe you'll learn something, but I make no promises.
My style <br> I am a trend trader. When I am disciplined, I only trade in the direction of the trend. I also use the weekly opening price as a guide. If the price is below the weekly open - I will only go short. If the price is above the weekly open, I will definitely go long.
I also use fractals to determine market structure. I would only go long after a breakout of a market structure high and go short after a breakout of a market structure low.
The indicators on the chart are:
- Fractal model
- Semi-Trend NRP
- FF Carl Headlines
- open level nmc
All of this can be found in other threads on FF.
Tomorrow, I'll add a public explorer to further hold me accountable.
Ben10 - name
The name Ben10 actually has nothing to do with trading. My sons (I have 2) love the cartoon Ben10. When I moved to South Africa a few years ago, wealthy women would refer to certain men as "Ben10". It took me a while to find out that Ben10 is a man being taken care of by Sugar Momma! I was so excited by the idea of a grown man being turned into a sex object by a wealthy woman that I kept going. It just makes me laugh. Not to mention my middle name is Benjamin. So if any rich woman wants to sponsor me, I know the rules!
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