No, not from Forex...but, from certain markets.
Example.
This last week.
On Monday, all the indicators I use showed that this would be a tough week using my methods. I couldn't get a definite direction for things, and everything looked like it was going to be up and down.
So I wrote to myself..."DON'T TRADE THIS WEEK!"
I put it on a sticky, stuck it on my computer...and just sat back. Proud of myself while I watched friends pull out their hair on intraday trading.
Monday came, and I watched the markets. Tuesday came and I watched the markets. Wednesday came and I watched the markets. Damn, I thought...I'm psychic. No way I shoulda been in there...and I wasn't.
Then came Thurdsay.
I made 12 intraday trades on Thursday. For a grand total of a -39 pips. The end of the day I'm thinking..."what the hell are you thinking, your damn lucky that's all you lost."
Then came Friday.
I made 3 trades...total -19 pips. Lucky again.
So today I'm walking around in a confused daze. I told myself not to trade this week...I wrote it down. I bragged to people that this week was gonna suck, and stay the hell out. In each of my daily reports (I write down my analysis every day before I start anything) it says..."DON'T TRADE TODAY!" Every day it says that, bolded and underlined!
I have a problem.
My problem is...I cannot NOT watch the markets. Even when I know I'm not gonna trade, I'll still watch them. And all a sudden, something just pops up, and I'm in. I'm actually proud of myself for watching the markets for 10 hours Mon-Wed and not pulling the trigger. But, I think 3 days is my limit![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
Which brings me to another question.
I know how to follow a trend. I can make pips in a trending market. Actually, I think most people can. It's those damn consolidating, up & down markets that I always lose at (u think I'm unique here?) And being a "trader"...it's like impossible to stay away from your job for days, or weeks at a time while the markets go through this faze.
So I'm gonna ask...has anyone developed any type of system that gets them pips consistenty in a sideways, consolidating, or up and down market?
Cuz the only way I've learned how to trade it...is NOT to trade it.
And apparently, that ain't workin'.
![](https://resources.faireconomy.media/images/emojis/64/1f609.png?v=15.1)
SF
Example.
This last week.
On Monday, all the indicators I use showed that this would be a tough week using my methods. I couldn't get a definite direction for things, and everything looked like it was going to be up and down.
So I wrote to myself..."DON'T TRADE THIS WEEK!"
I put it on a sticky, stuck it on my computer...and just sat back. Proud of myself while I watched friends pull out their hair on intraday trading.
Monday came, and I watched the markets. Tuesday came and I watched the markets. Wednesday came and I watched the markets. Damn, I thought...I'm psychic. No way I shoulda been in there...and I wasn't.
Then came Thurdsay.
I made 12 intraday trades on Thursday. For a grand total of a -39 pips. The end of the day I'm thinking..."what the hell are you thinking, your damn lucky that's all you lost."
Then came Friday.
I made 3 trades...total -19 pips. Lucky again.
So today I'm walking around in a confused daze. I told myself not to trade this week...I wrote it down. I bragged to people that this week was gonna suck, and stay the hell out. In each of my daily reports (I write down my analysis every day before I start anything) it says..."DON'T TRADE TODAY!" Every day it says that, bolded and underlined!
I have a problem.
My problem is...I cannot NOT watch the markets. Even when I know I'm not gonna trade, I'll still watch them. And all a sudden, something just pops up, and I'm in. I'm actually proud of myself for watching the markets for 10 hours Mon-Wed and not pulling the trigger. But, I think 3 days is my limit
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
Which brings me to another question.
I know how to follow a trend. I can make pips in a trending market. Actually, I think most people can. It's those damn consolidating, up & down markets that I always lose at (u think I'm unique here?) And being a "trader"...it's like impossible to stay away from your job for days, or weeks at a time while the markets go through this faze.
So I'm gonna ask...has anyone developed any type of system that gets them pips consistenty in a sideways, consolidating, or up and down market?
Cuz the only way I've learned how to trade it...is NOT to trade it.
And apparently, that ain't workin'.
![](https://resources.faireconomy.media/images/emojis/64/1f609.png?v=15.1)
SF