- Search Forex Factory
- 218 Results (2 Threads , 216 Replies )
- shellsnail replied Jan 16, 2016
image In the first trade, higher time frames were in a downtrend. Price found support at 10,095 level, bounced, made a HH/HL but did not break any key structures. The HH which coincides with the 200EMA is therefore a signal to sell, and more can ...
- shellsnail replied Jan 16, 2016
15 Jan 2016 European Session Trade by Trade Review To get the most out of this, I encourage you to pull up a chart and refer to the levels I am looking at. image Session Time: 1 hour before London Open to 3 hours after London Open. Technical ...
- shellsnail replied Jan 10, 2016
UK I am looking at GBP/USD and the UK stock market. Thinking how I can trade the downtrend that I think may travel to 0.80. People are all looking at EUR/USD but I think shorting the pound offers far greater potential. image image image image
- shellsnail replied Jan 10, 2016
Urns & Bayes' Theorem Imagine the states of the market. Uptrend, downtrend. Take any time frame. How do we know that the probabilities are favouring a trend change? Think about the higher time frame above that. How do we know that the probabilities ...
- shellsnail replied Jan 10, 2016
My take on investing I am trading/investing in bitcoin with no leverage. image I think anything on a daily time frame and above should be done with zero or minimal leverage. Maybe 1:2 at the most for a volatile instrument like bitcoin. Investing ...
- shellsnail replied Jan 9, 2016
The big money is to be made in capturing the middle 60% of the move Really think about how to do this. Too many traders put on too much size and way too much risk trying to capture the first 20% of the move. This is a huge cause for failure. On an ...
- shellsnail replied Jan 7, 2016
image higher and holding gains.
- shellsnail replied Dec 28, 2015
Update 4 (FINAL): Prognosis: Price will hit 1.1010 within the trading session. - FALSE Price will hit 1.09329 within the trading session. - FALSE Price will hit 1.09646 before hitting 1.1010. - TRUE Price will hit 1.09593 before hitting 1.1010. - ...
- shellsnail replied Dec 20, 2015
Profitable Forex Traders Assuming people are actually honest about their track record, it would seem to me that the majority of traders who are making money on a somewhat consistent basis in FX are employing a variation of the following: - Fund a ...
- shellsnail replied Dec 5, 2015
I have been watching bitcoins for awhile and recently noticed it broke out of its range. Fundamental wise, supply is slowing and more or less fixed; transaction volumes have been on the rise. To me government resistance is a good thing. Have been ...
- shellsnail replied Jun 9, 2015
Example EUR/USD yesterday image image EUR/USD Friday image Both were planned out exactly and I traded them according to my plan.
- shellsnail replied Jun 9, 2015
Here's one of my trade plan (summary) for later: - USD/CAD 4H/1H/15min Trend down More good and fresh news for CAD. USD bad unemployment rate balances out good NFP numbers. Neutral view. Europe/London Session: Possible trades 1. Short on a bounce to ...
- shellsnail replied Jun 4, 2015
All those 2 pip losses finally paying off. image
- shellsnail replied Jun 4, 2015
EU Key Levels image
- shellsnail replied Jun 3, 2015
AUD Key Levels image
- shellsnail replied Jun 1, 2015
Trade Management Stop shifted to lock in some gains after price hits 000 level. image
- shellsnail replied Jun 1, 2015
So getting stopped out isn't such a bad thing if your system allows your to reenter appropriately Risk on this trade was 12%. RR is about 10:1 image
- shellsnail replied May 31, 2015
Long EUR/AUD Full sized. Hit into my intraday support level drawn earlier and also clear EW retrace pattern and coincides with value area (200EMA) + high volume move. A+ set-up. Actually it's not even A+, it's A++. One of my favourite set-ups of all ...
- shellsnail replied May 31, 2015
Sold AUD/USD at the intraday level I marked out earlier while preparing. image But only took 1/3 size because there was no clear patterns and neither was the move a conventional EW retrace or anything. perhaps this is common during Sunday but in ...