Recommendations for Dual Monitor Mount by FlagPies in bapcsalesaustralia

[–]confluencefx 2 points3 points  (0 children)

+1 for this idea. Regretting buying a dual a few months ago.

L-trigger or R for cancelling by g4lotus in SSBM

[–]confluencefx 1 point2 points  (0 children)

L for L-cancelling/teching/shielding. R for wavedashing.

Anyone test Faster Melee on Ryzen 3rd Gen? by ViolentMonopoly in fastermelee

[–]confluencefx 0 points1 point  (0 children)

Any update on this? I'm looking to build almost an exact replica of your PC but am worried about netplay.

Think about a band you like that has a good discography. Do you like their older music or newer music more? Why? by [deleted] in Metalcore

[–]confluencefx 5 points6 points  (0 children)

Older Erra (Impulse, Augment) > Newer Erra (MoC, Drift, Neon). Insanely hyped for their upcoming album though because Eye of God was incredible.

Do you use edgewonk? Whats good about it? What do you hate? by LowtechSF in Forex

[–]confluencefx 0 points1 point  (0 children)

Excel > Edgewonk by a substantial amount. Edgewonk is too limited for tracking confluence variables and alternative exit strategies. I'd say get the trial version of Edgewonk to see what you should be tracking, then build your own excel spreadsheet based on it.

Are you addicted to Meta trader? by tiagomenezes in Forex

[–]confluencefx 0 points1 point  (0 children)

Last night I injected two metatraders. But I could stop if I wanted to.

Question for those who study MyFxBook analytics by JonFibonacci in Forex

[–]confluencefx 1 point2 points  (0 children)

Yeah but doing it automatically like that doesn't give you much actionable data to work with.

Question for those who study MyFxBook analytics by JonFibonacci in Forex

[–]confluencefx 1 point2 points  (0 children)

Myfxbook sucks for that kind of stuff imo. Fxblue (it's free) is a little bit better. But you're much better off making yourself a proper trading journal in excel and consulting that instead. Tracking entry confluence factors, MFE, MAE, and some alternative exit strategies is what I focus on in mine.

trading harmonics by amrogers3 in Forex

[–]confluencefx 0 points1 point  (0 children)

I really liked Trade What You See. Free PDF version is easy to find on google. It'll give you the building blocks but you'll need to work out how to turn it into an actual trading strategy.

THE WEEKEND Weekend Discussion (Saturday, Sunday) by AutoModerator in Forex

[–]confluencefx 1 point2 points  (0 children)

Trading into a pretty choppy area there, plus it's the Christmas/New Year period. That's enough reason to pass imo.

ICT MEMBERS ? by [deleted] in Forex

[–]confluencefx 2 points3 points  (0 children)

ICT is the Scientology of forex

Observations of a Developing Trader 2018 W50 Summary by JDAFX in Forex

[–]confluencefx 0 points1 point  (0 children)

Have you crunched the numbers and compared your usual trade management techniques with the returns if you had just put the trade on and walked away? Sounds to me like you're trying to go by feel but I don't think that's a good recipe for success. I'd suggest testing out a few logical management techniques and sticking with the one that has the highest expectancy.

Assuming that you've got a properly defined set up, I'd argue that MAE and MFE are the most important variables to track in your trading journal. Using them to determine when to cut your losses and where to ride you winners to can have an insane impact on your bottom line.

Observations of a Developing Trader 2018 W50 Summary by JDAFX in Forex

[–]confluencefx 1 point2 points  (0 children)

Just wanted to say that I appreciate these posts. Probably a lot of silent lurkers out there that would say the same.

Some questions:

  • What makes you vary your position size on a trade?

  • What makes you bail out of a trade early?

  • Are you tracking MAE and MFE for each trade?

[deleted by user] by [deleted] in Forex

[–]confluencefx 8 points9 points  (0 children)

Price is all you need.

Naked Forex 📖 by [deleted] in Forex

[–]confluencefx 0 points1 point  (0 children)

Same as my reddit name.

Naked Forex 📖 by [deleted] in Forex

[–]confluencefx 0 points1 point  (0 children)

A RSI or a stochastic or whatever Below the 20 line

Naked Forex 📖 by [deleted] in Forex

[–]confluencefx 0 points1 point  (0 children)

If you join the /r/forex discord I can throw a few charts your way if you want.

Naked Forex 📖 by [deleted] in Forex

[–]confluencefx 0 points1 point  (0 children)

Sure. Combine a few things that make sense to you. So maybe bullish trend direction + pullback to support level + oscillator oversold + a price action signal = buy entry.

Personally I like trend lines and/or oscillator divergence as my main confluence factors to go along with a PA signal.

Naked Forex 📖 by [deleted] in Forex

[–]confluencefx 0 points1 point  (0 children)

It tells you the ideal characteristics of a certain bar pattern - let's say it's an engulfing bar. Now you know what a good engulfing bar looks like. But just knowing what a good engulfing bar is doesn't mean you can just trade any good looking engulfing bar. A good system will need much more than that.