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- TomFord replied Jan 14, 2015
What a reversal candle on the 5m... 30 pips in 5 mins.
- TomFord replied Jan 13, 2015
Market sentiment is geared more for those who are trying to obtain accurate entry. In most cases if not all, those who want accurate entries would be scalpers.
- TomFord replied Jan 13, 2015
The news was bad, and of course many people will try to justify the move but the reality is price action is set to go against the sentiment of the public. So prior to the news ( since 4 hours before) GU started to drop. Right after the news it began ...
- TomFord replied Jan 13, 2015
Would you please be as kind as to explain how an MM broker profits when you lose?
- TomFord replied Jan 13, 2015
An amazing move on GU. It appears that now the sellers are stuck. Those of you who have sold, will you be selling some more?
- TomFord replied Jan 12, 2015
Same here half an hour from now.
- TomFord replied Jan 12, 2015
In that case % wise you are in good shape.
- TomFord replied Jan 12, 2015
Well we got a nice move down, and now GU has recovered that move. The chart for EU and GU on the 5m are almost 100% the same.
- TomFord replied Jan 12, 2015
Well, leverage only determines the amount of free margin you will need to open a positions. The higher the leverage, the less money (free margin) will be required to have the positions opened. So it would appear you are trading for accuracy as you ...
- TomFord replied Jan 12, 2015
It is an amazing feeling when you are able to profit in forex huh? Especially 100%. What is your money management plan for the newly acquired profit?
- TomFord replied Jan 12, 2015
Jesus it isn't working at all... Well GU is now trying to close below the last low created 1 hour and 15 mins ago. (The candle which bounced off your trend line. If it does let us see if she continues to spike down or if it moves up a bit (Without ...
- TomFord replied Jan 12, 2015
Elbert sorry for bothering you, but could you please tell me how to post a chart? I clicked the attach files:upload from computer, but nothing happens. I don't understand the reason as to why. Is it because I am a new member I don't have the ability ...
- TomFord replied Jan 12, 2015
The highs are getting higher, and the lows are getting higher also on GU based on the chart posted by Elbert3. Should the last low of GU on the 5m become engulfed I will short it. Until then opening a short at this point is against price action ...
- TomFord replied Jan 12, 2015
The last red candle to touch the bottom trend line ended up getting engulfed on the 5m, and it broke out to the upside 30 pips in 10 mins. What price action on GU. The move which scalpers would not be ready for at this moment would be a move ...
- TomFord replied Jan 12, 2015
On our home page we have some sort of chart which shows market sentiment of FF traders. Since NFP so many people are opening fresh short positions on EU. That makes OnlineAddict's long positions a very good one at this point. I believe that the ...
- TomFord replied Jan 12, 2015
The last hour of trading on GBP/USD has been very flat. You can see it on the 5m chart. Comparing the formation we see now on GU to past formations which are exactly the same reveals a 30-50 pips swing in the making. 1) Load SMA 20 on 5m 2) If a ...
- TomFord replied Jan 12, 2015
GBP/USD up till this moment has recovered pretty nicely the drop it had during Asia. Should GU close under 1.51365 on the 15m chart, then I will take a sell position, with hopes of a price action attack to the daily S1 of 1.5096
- TomFord replied Jan 12, 2015
Something which baffles me, and hopefully someone can explain it to me is why so many people use the term "Stop hunt', but when they identify the price action as being a "stop hunt" why don't they take the trade in the direction of the stop hunt. ...
- TomFord replied Jan 12, 2015
It is all subjective really. To some traders a 82 pip drawdown is not a loss at all, as per pip they may only be wagering 15 cents per pip as their account is 50,000usd. Or 82 pips maybe margin call for someone who takes higher risk. The reality is ...
- TomFord replied Jan 12, 2015
Would you consider 82 pips a small draw down? 82 pips is almost 2 times the size of E/U's daily trading range.