Pipstubborn wrote:garyfritz wrote:nanningbob wrote:So you may see that overall eur is stronger than overall gbp but you still need the individual comparison of each against each other on one chart to get the best entrance point.
That makes perfect sense. I just don't understand why you'd want DIFFERENT indications on the two pages. If EUR is stronger than GBP on the Info page, but EUR is weaker than GBP on the EURGBP chart, which one do you believe?
The Info page shows an at-a-glance status for all 8 currencies. The individual pair chart shows the status for 2 currencies, alongside the pair. That's very useful, but I would think the data would be the same on both charts. If they're different on purpose, then how do you interpret them when they're different? What are the different values supposed to tell me?
Simple Gary, You believe the Info Page. The CSS on the chart fine tunes your ENTRY.... ENTRY PENDINGS When you go to the pair in your example on H4 chart you wait until the lines cross back again in the direction of the INFO Page or you are on a Gold bar.... it is a PinPoint tool. When in the chart are opposite is telling you that YOU ARE IN A PULLBACK....GET READY TO LOAD!
I did 1051 pips today, 2996 pips yesterday and 9573 pips for the month so far because I believe the way I just explain to you.
By been too analytical.... you are missing the boat, the fun and the load trying to figure how the engines of the Carnival Cruisse works instead of enjoying the ride.
If I had to hazard a guess Gary is an accountant or an engineer. When I was in sales I hated trying to sell engineers. They always wanted to know the details of how the dang thing worked that I was selling. Sales people dont care how it was put together they only want to know whether it works and how long it will last. I have 2 engineer brothers and 1 son in engineering and they are like that. My oldest brother drives me nuts always wanting to talk about the minor details. However, people like that are needed in the world to make sure things work like they are suppose to. So analytical he is going to be.
Me, heck the rules are to teach the system, but once I start trading, for me it is like driving a car. I dont know why I hit the brakes on one trade and floor it on another. Why my mind will automatically switch from range to trend to CT without thinking about it. I just drive my forex car. People ask questions and then I have to go back and figure out why I turned on the right turn signal. When driving I dont even think the thought. Right hand go to the signal switch and turn on the right turn signal make a turn on Pound street. I just do it. Then someone asks a question and I have to go back and think about what I saw that caused me to turn on my right turn signal. I just trade. One look at a chart and I know in a split second what I am going to do.
Heck it is why I like Captain Jack so much. He just looks at a blank screen and he sees the market. He is trying to teach others the same. I see the market too. In reality I dont need all the indies on the screen. They are teaching tools. I could throw a 240 line on the screen and trade. I really dont need anything else. Many many professional traders use the 200 MA and that is it. To do that though you have know all the crap, time of day, which session you in, etc. etc.
You trade over and over again until it becomes natural. It took me one or two sessions to realize for the first time since I started trading that the mid jpy session to the open of the EURO session has all of a sudden become relevant. JPY likes to move there now. It is a new phenomenon. Well, I have noticed and it only took a couple of sessions to realize the market has made a jump to a new type of movement. Well OK I will trade it. What are the rules??? Crap if I know. My mind sees it and I automatically adjust to the change. How do you teach that? You cant. You can do what I did and open a 300 dollar account at Cowboy IBFX and trade pennies until you can. That is what I did. People used to laugh and mock me at FF for doing that. Yeah so what. I can drive a car now and I am going to enjoy the years it took me to learn this business. I have given you a blueprint. Now go trade your pennies until you can drive a car then go make money. 5 years from now you can be driving a Forex Cadillac. Your choice. I made that choice over 5 years ago. I told my wife I dont care how long it takes. I am going to learn how to trade Forex and we are going to have a nice retirement. I like my Forex Caddy, it is called 10.4. Maybe it is really a Bentley but I havent realized it yet. Good luck and keep asking questions Gary. Keep trying to find out how the Caddy works so you can drive it. I think I will be in London in 4 weeks to look at some Rolls Royces. Just for the fun of touching one.
It keeps catching my eye, but just works too well as is for me to care.
