- Search Forex Factory
- 1,249 Results
- 4exNinja replied Jan 14, 2015
Trying to figure that out too. Kinda funny given it took place shortly after another "omg record US oil exploration" article.
- 4exNinja replied Jan 14, 2015
One of the best threads on this forum! Cut losers short and let winners run...that's basically the key message. I partially disagree with the statement that entries aren't important. Well-timed entries can significantly decrease the size of your ...
- 4exNinja replied Jan 13, 2015
The time to buy is when your 80 year old gran tells you to sell because "she heard it on the news"
- 4exNinja replied Jan 13, 2015
I don't disagree with your fundamental analysis. All I'm saying is that until traders act on that info (which hasn't happened yet), it's kind of irrelevant for trading. Sure, fundamentally you can start thinking about longs...but technical analysis ...
- 4exNinja replied Jan 13, 2015
You're all correct...but looking at charts it's pretty clear traders don't really seem to care (yet). Brent will reach 45 today...and if that breaks, it'll head to 40 rather sooner than later. Might stall a bit at 45 like it did at 50 late last ...
- 4exNinja replied Jan 12, 2015
Not saying you're wrong, but all that really matters is how traders react to this and other info. Right now the bears still seem in the driver's seat while the bulls are passed out hungover on the backseat. Hardly any end of day profit taking ...
- 4exNinja replied Jan 12, 2015
Nooooooosedive image Entered a 2nd leg today just below 50...hoping for a push towards 40-45.
- 4exNinja replied Jan 12, 2015
Why would they? They make money whenever you trade, so it's in their best interest to keep you profitable and trading for as long as possible. Making you lose on purpose is counter-productive!
- 4exNinja replied Jan 12, 2015
Couldn't agree more. Too early to talk about upside targets imo...too many uncertainties. IF I had to guess, I'd say $70-80 (maybe $90) for brent is probably more realistic in the medium term than figures like $140.
- 4exNinja replied Jan 10, 2015
Not convinced 50 brent is really the turning point. On the H1 we saw rejection of the 50 level (first circled wick), then a small bounce and a good break of 50. Just before market close, price tried to rally up a bit again but got rejected (2nd ...
- 4exNinja replied Apr 15, 2014
Thank you so much, great links. I'm in the same boat...labouring away on Python for 4-5 weeks now. I have some HTML/CSS/PHP knowledge, but even without it, I have to admit I'm liking Python a lot. It's actually readable compared to a lot of the ...
- 4exNinja replied Mar 19, 2014
You beat me by 6pips Do you have Yellen's address? I want to send her some flowers... image Still a bit rusty after my forced hiatus...
- 4exNinja replied Jan 27, 2014
I log onto my VPS server running a full version of MT4 through my phone/tablet, so yes.
- 4exNinja replied Jan 20, 2014
@Toranaga: Play close attention to previous Points of Control levels...and times when price breaks out from those historic levels.
- 4exNinja replied Dec 29, 2013
In forex buying/selling doesn't happen in a centralised fashion. For example, it's easy to establish odd lot trades on the NYSE because that's where sales happen...but sadly that's not the case for forex. I doubt you can get anything reliable like ...
- 4exNinja replied Dec 12, 2013
Good to see someone else using the excellent Damiani indicator
- 4exNinja replied Dec 10, 2013
I'm not saying a larger correction isn't due, but it's not because of the 5th wave! Like I said, in hindsight it might look as if it often works...but it's useless as a predictor. Let's look at your chart for example: image Let's pretend 1 ...
- 4exNinja replied Dec 10, 2013
You're supposed to use either turtles or tapirs for that. How can you be profitable using parrots?
- 4exNinja replied Dec 10, 2013
Just not a fan of Elliot waves. Every time someone posts their Elliot wave "analysis" it looks totally subjective. Sometimes they count pullbacks, sometimes they don't...sometimes they count breakouts, sometimes they don't. Whatever looks best in ...