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Old 11-19-2007, 03:52 PM
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Sauron Sauron is offline
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Join Date: Oct 2007
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Thumbs up Great job, Nili!

Hello Nili!

You are doing great job, you know? Really, you got this system right for now. You understood main rules, for example the flat before the session, zigzag and how to use it, fractals.
Right now you have to make the next step in your education: stoploss and takeprofit points. For example, on that picture that you have posted earlier, it would be possible to close your trade a little lower, after rollback you had to watch fractal and zigzag on the minor TFs. Take a look at your picture, and you will see a good close point after a rollback.

About the flat... Yes, I recommend you to stay away from the market in such days. Though, you can make "virtual" trades, i.e. mark out your points of entry, stop and profit. It is good phsicological training too.

Good luck!
And feel free to ask me more questions about the forex.
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