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- ForexT1000 replied Jan 9, 2015
4 hourly charts, looking to short when the buyers are showing weakness. Looking for a fadeout around 1234.5 or the higher 1249.25 price levels. I'm not expecting it to go up to 1293, but it might. I'm gonna wait to see what price does around the key ...
- ForexT1000 replied Jan 9, 2015
I don't try to guess which way the market will go on gold. That's the job of the central bankers. If I were to trade gold again, I would look at how prices react around the major support and resistance levels and see whether there are many major ...
- ForexT1000 replied Sep 9, 2014
I was finding a retracement level on the m1 from a fading bear price, but didn't look on the H1 to see a breakout pattern. I've been shorting for weeks and I picked up that gold turned from bullish to bearish the very first day it happened, not ...
- ForexT1000 replied Sep 8, 2014
Here I'm in an awful fight or flight situation, fighting for my account survival. I was going long on the m1 chart and the price started to head south endlessly. I started to trade up on time frames because I felt that that move was really not ...
- ForexT1000 replied Sep 5, 2014
Oops, got my prediction wrong. Oh well, EUR/USD is known for flatting during big down moves.
- ForexT1000 replied Sep 5, 2014
I trade full time, and I only trade during London Hours. Not just London hours, but I wait for maximum volatility during London hours for trades. I don't quite agree with being just about right all the time with forex. For me, forex is just about ...
- ForexT1000 replied Sep 4, 2014
I think algorithmic trading can be milked for profits when it does the wrong things. Just take a look at the price fluctuations that rubber-band back in milliseconds but I think it is still risky despite the fact you can profit 90% of the time ...
- ForexT1000 replied Sep 4, 2014
News release today, EUR/USD going absolutely ballistic. Not a good field day for CT traders who buy during news hours on support/resistance zone (I entered a buy position 1 hr before this monster and got out on a small profit). Euro/usd has been ...
- ForexT1000 replied Sep 2, 2014
I personally monitor 10+ pair and I can tell you there is only one pair (and it is not even forex) that I can trade profitably and I watch every pair's ticks 24/7.
- ForexT1000 replied Aug 27, 2014
Yes agreed, discipline and consistency is very important in forex. There's no easy money in forex but I think you can earn a decent living if you work at forex for a consistent period with strict MM, a sound strategy and always being on the watch ...
- ForexT1000 replied Aug 26, 2014
Nope I follow TI's advice. Have either a offensive or defensive tactical setup. Risk is 1% for initial entry. If price goes against you, set up a 2% rescue entry only at a reasonable large pip distance away. Maximum is around 5% for me although ...
- ForexT1000 replied Aug 20, 2014
Here's why you want to trade the news or avoid it. We see a bullish flag with three dynamite triangles forming. Direction is unclear. Chart says bearish, market sentiment is rather bullish. Thinking bearish CT towards TMA5 until we see slow ...
- ForexT1000 replied Aug 18, 2014
Never trade just based on feel alone unless you have ESP, then you would probably be playing the lottery . Always have some sort of system in place even if it's very changeable. Some days you might wake up with your sense all haywire and ...
- ForexT1000 replied Aug 18, 2014
any leverage is fine just make sure you maintain SL. As a beginner you will step on a lot of landmines, so SL is your best friend to save you from margin calls.
- ForexT1000 replied Aug 18, 2014
Here is something entertaining. A picture of a snake with the Ichi Cloud forming the tongue... or you could interpret it as whatever you want. I drew in the eye image
- ForexT1000 replied Aug 18, 2014
Ok here is one of my first successful trade using this method. I could have entered earlier but I was waiting for confirmation. 3.5 TP target, wide SL but not 100 pips since I was sure the trade would not go against me and if it would then it would ...
- ForexT1000 replied Aug 18, 2014
Using the TMA settings given by Maflip. Starting to see how this works, went through the 372 pages over the weekend. Volatility is a bit of a problem sometimes. Sluggish momentum through the clouds is kinda dangerous, don't really know ...
- ForexT1000 replied Aug 18, 2014
Just got my TMA indicator off a later post in the thread. Anyone want to post the settings for the TMAs?
- ForexT1000 replied Aug 15, 2014
Hi everyone, I'm new here. I've been trading for a few weeks and have been learning Keltner, Price Break Out, Moving Average Crosses, Counter Trend but found them to be too slow. DNA's method seems interesting so I want to give it a try. I ...
- ForexT1000 replied Aug 12, 2014
Congrats DADAS. Wish every1 a million pips:-D