time to short?, page-23

Great work Chookster!

hey Bmer, personally I don't use mobile apps for charting... prob cos my mobile is not that sensational say comapered with an iphone so display issues kinda render charts as purty uuseless.

That being said n all I truly reckon as a novice, one is a lot better off looking at bigger charts n many of em in best quality size possible, eg, from a PC...

Charting packages I use are ones that come for free with broker platforms... eg my brokers are IGMarkets, Axistrader n CMC and they all have charting packages which I use n display in posts here, so there is no need for a huge outlay.

Like Chookiewookie says, simplicity is oft the best, ya don't need a heap of indicators n stuff, n personally I recommend that wotever you do use as a charting package you should have access to the following

Fibonacci retracements
Moving averages
Bollinger bands
Std indicators such as stochastics and MACD

and the ability to draw lines, add text labels n such. (primarily cos... as you progress n make more n more tech oriented trades, keeping marked up charts as a record so you can review what works and what needs improvement is a HUGE advantage of this modern age :) )

Bmer... Just between you n me, I'd really like to have a personal chat with yerself... It is my grand ambition to be able to lead traders into success in forex (myself included LOL!) and I've done and absolute whale load of time trying to control my losses, learning how to at least float if not swim, assessing my mindset assessing trades etc.

I've had nights and days of trading where I have watched thousands of dollars dissappear faster than I thought possible, and thrown more money at losses thinking that somehow the MARKET MUST turn in my favour... I've chased other peoples clues trying to find the holy grail of indicators and spent literally years pursuing some kinda risk free system.

I beleive I have been where you are at now, and I have pushed myself Right to the edge stared into the abyss and found myself wanting.

I reckon that last Abyss step is really not necessary LOL...

Anyways... I would really like to convince you if I can to take a step back from live trading, even if only a month or so... to enable you to slip of the money chasing cycle and concentrate more on the Good Trading cycle...

Maybe pop me an email at

[email protected]

I've seen too many of us pressure ourselves into trying to make up losses rather than concentrating on learning to trade well, and I so want to be able to drag you back onto shore and get yer perspective right.

Gimme a chance?

;)