How much return you expect from forex market

[abhi_neth]

Here is the result of my test from Van Tharp

YOU ARE A DETAILED TRADER

One of Your Trading Strengths - You should be really good at data analysis/developing business plans especially when someone provides you with the exact steps to take.

One of Your Trading Challenges - You can be overly critical and only notice the negatives in your trading. If you do not learn to recognize your mistakes, you could become stuck.


More or less it is true

 

[abhi_neth]

Ashwaniji, Went through your analysis GBPUSD, there are some question that crept into my mind but will post them after I back trade your analysis on the pair. I guess you are taking data from GCI, so will initiate trade there from 25th.

Thx

 

[hills_5000]

Mail sent to you Sir.

i have sent you mail at 11.58 just confirm if you recd or not and mail back some thing to me to confirm if system is working

 

[abhi_neth]

Got struck in the first step itself. Since I do not have S&R data will use the daily pivots to monitor trade. What I understood is long trade is to be initiated on lower support & short trade on upper resistance. So, we have R3-R2-R1-PP-S1-S2-S3 for a day. Now which is lower support? Is it S1 or is it S2?

Thx

 

[ashwani chadha]

Ashwaniji, Went through your analysis GBPUSD, there are some question that crept into my mind but will post them after I back trade your analysis on the pair. I guess you are taking data from GCI, so will initiate trade there from 25th.

Thx

yes i am using gci and will give my analysis from gci

 

[santoshdts]

"You are an Innovative Trader" as per Von Tharpe test Report..

Good Site..

 

[hills_5000]

Hi Abhi...read post number 42 of this thread then you will not get stuck at the place you have

Got struck in the first step itself. Since I do not have S&R data will use the daily pivots to monitor trade. What I understood is long trade is to be initiated on lower support & short trade on upper resistance. So, we have R3-R2-R1-PP-S1-S2-S3 for a day. Now which is lower support? Is it S1 or is it S2?

Thx

 

[SavantGarde]

SG

 

[ashwani chadha]

Mail sent to you Sir.

i recd your mail,but when i am opening your excel sheet,this sheet is coming blank.i have a talk with sg he told me that he will take my email from you.if you have his email id then send him my email id at his email and after that leave a message to me also

 

[abhi_neth]

Hi Abhi...read post number 42 of this thread then you will not get stuck at the place you have

I've read post #42, but it is written in hindsight. Let's consider today as 24th Nov & I'm in short on GBPUSD. Now 25th opens & I have Pivots for the day. Haven't gone through the day, so what exactly happen I cannot tell you now. But let's assume that the day opened near the PP & closed above R1, so we exit our short trade & now initiate long trade. So is the long trade to be initiated next day at S1?

Just want to visualize how Ashwaniji has taken the trade.

Thx