- Search Forex Factory
- 48 Results
- tommygo replied Sep 28, 2018
Its all relative to your trading style, timeframe, and your position. To a scalper or short term trader, people might view it as catching a falling knife. To me its not ballsy cause I was short from 1.1700s, I am covering with a 130 pip profit, and ...
- tommygo replied Sep 28, 2018
Long at 1.15995, t/p 1.1678, s/l 1.1575...........
- tommygo replied Sep 27, 2018
I covered short profit hit.............looking to resell low 1.1700's, for next target of 1.1625
- tommygo replied Sep 26, 2018
This FED surprised me today. Much more hawkish than I thought they would be. This quote from Powell spooked me, "Dollar has only partially recovered the decline it had in 2017". Sure it was just a fact, but after watching Powell and this Fed for ...
- tommygo replied Sep 26, 2018
Have no position into FOMC but here is my strategy. Feels to me like market wants to, and is going to go higher, possibly much higher. To me it is just the matter of if it goes down first. The statement would have to be crazy hawkish for me to not ...
- tommygo replied Sep 21, 2018
Sorry just venting. 90% of "so called experts on all forex news sites are morons. They are all the same, basically momentum chasing people that cant think for themselves. They buy high and sell low, over and over again. If EUR/USD is at 1.13000 they ...
- tommygo replied Aug 31, 2018
Long at 1.15995, S/L 1.1578, T/P 1.16455
- tommygo replied Aug 29, 2018
I still believe we are on the verge of an attack towards 1.2000. I believe the sea has changed from "sell the rallies" to "buy the dips". Shorter term, I am looking to buy 1.1640-1.1660 for a move up to 1.1800.... Then buy 1.1730, up to 1.1900 ...
- tommygo replied Aug 23, 2018
Bigger picture view..I think we are near a MAJOR buying opportunity EUR/USD in the mid 1.1400's This entire cycle could possibly be a repeat of April 2014 through March 2015 (in reverse). We went from 1.4000 all the way down to 1.0500. The move from ...
- tommygo replied Aug 21, 2018
I always felt best trading strategy was mixture of technical analysis, fundamental analysis, price action and common sense. I have been out for week and I am blown away by the market reactions and commentary. Experts were bearish at 1.13 are now ...
- tommygo replied Aug 14, 2018
Selling into old support levels is working for me.... next target 1.1365.....Long 1.1338, s/l 1.1318, t/p 1.1365
- tommygo replied Aug 12, 2018
Looks like it might be a wild next 24 hours. Lira is down huge.....USD/TRY over 7.000. Would like to sell EUR/USD at open but there might be a gap down
- tommygo replied Aug 11, 2018
Also, this money management system can be modified and I do it all the time. It doesn't require a huge 50 pip gain. For example, if market goes from 1.1400 to 1.1420, and I really like the market, sometimes I might do second buy 3x with a 4 pip s/l ...
- tommygo replied Aug 11, 2018
Yes it is similar to a pyramid type strategy and of course it does not work ideally in scenario you showed which my experience is only 20-30% of time. But in that example, you still did not lose, you just did not make as much. The key is the ...
- tommygo replied Aug 11, 2018
I showed this solely as a money management technique. What happens is you maximize your profits on your winning trades. I am super impressed with Ata's system. When I feel 100% confident with my understanding of Ata's system(Im only at 40% right ...
- tommygo replied Aug 11, 2018
I want to share a strategy with everyone that has worked for me for 30 years. It is proven. It is sound. I think it could work real well with Ata's system. It is solely a strategy of money management. I call it my 3x intratrend system....... ...
- tommygo replied Aug 10, 2018
Yes for sure .8225 would be a MAJOR buying zone...That might happen in 2021-2022
- tommygo replied Aug 10, 2018
We are now in a new paradigm where every 50 pips higher for the dollar puts stress on the system...Feels like best strategy the next 2-4 weeks: 1) Sell Rallies for next 1-2 weeks 2) Up 30 pips, down 80 etc 3) Final low 1.100s which will be a MAJOR ...
- tommygo replied Aug 10, 2018
Definitely agree trend is down, and scalping precision is an art but be careful when you use the word "never"....LOL
- tommygo replied Aug 10, 2018
I know the rules lol.. had decimal points off. i edited