Disliked{quote} 29x I see it can go to 1.2256 on 21st Nov. It's having a nice nap now lol.Ignored
those who can, do. those who cant, talk about those who can
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
Disliked{quote} 29x I see it can go to 1.2256 on 21st Nov. It's having a nice nap now lol.Ignored
DislikedMorgan Stanley recommends selling EUR/JPY, targeting 130.00 another blow to EUR?Ignored
Disliked{quote} it has not voided 2929.. 2604 would do that. there is a larger setup for 4301 we have to break at 2042.. its mid is 2606.. some larger bulls are still playing it for the bounce. on that path we came to the 1/4 mark. if u take the 2500 low and fib it out to 4301 using 1/8ths.. you will see what has happened since. the month not closing sub 2606 gives bulls a little power. put those 1/8ths on a chartIgnored
Disliked{quote} Quoting gatorinla {quote} i know there are some large players shooting for 1.4xx..Ignored
Dislikedej? or ebola in new york...two testes positive one (a girlfriend) contained?Ignored
Dislikedok closed all my positions now (thankfully in green) and waiting the outcome... Japans health minister is making matters worse for "calculating" market reactions... with his comment ...especially when this happened in new york (and the psycological importance to the eyes it has to all the world and therefore the markets) i wish mt4 had OCO orders... it would have made my life more (at times like this one)...easier...Ignored
Disliked{quote} Added one more short, now two trades in usd/jpy position, can add up to 10. Each position seeking 1% risk and 10% reward. That means if I strictly follow my rules (which I doubt) can either lose 10% max or make anything between 20% to 100% in this one move of 1000 pips. Currently, collected about 11% playing bounces in the opposite direction whenever usd/jpy hits a support. If I am right, get few pips, but If I am wrong, it gets deducted from my profit on longer-term short. I think it makes sense only if each bounce is played at a level...Ignored
Disliked{quote} If I may say, your is a losing game....sorry It might work but only in the direction of the strength or in the direction of fundamentals, technically can help you get in. Your entries was spot on, but against the major trend, against the major trend profit need to be taken quickly...... Yes you can be right sometime, but they will be very few to justify it....only my two cents....Ignored
The 1-2-3 Rule
Sperandeo identifies a change of an uptrend as:
1. Trend line (defined above) broken.: 2. Prices no longer making new highs.: 3. Prices fall below a previous minor rally low
Or conversely for a down trend:
1. Trend line (defined above) broken.: 2. Prices no longer making new lows.: 3. Prices fall rise above a previous minor rally high.
Either of 1 or 2 is a probable trend change. Two of the three conditions is an increased probability of a change. All three is th
Disliked{quote} This is exactly what I mean. "There is only one thing you need to know in this market". One has to be right about the long-term direction. It all depends if I am right or wrong about this direction. The key is, my losses should be small if I am wrong and profits huge if I am right. I did extensive research on Jesse Livermore's method. Mathematically, his method was a holy grail but only if he was right in predicting the direction. If he was wrong about the direction, his math would limit his losses. If he was lucky, would multiply his account...Ignored
DislikedAnyone else see an old familiar PA formation on the 4hr? It really should be too easy. I'm not sure how things go to shite in such a hurry sometimes lol. Good luck everyone. {image}Ignored
Disliked{quote} This is exactly what I mean. "There is only one thing you need to know in this market". One has to be right about the long-term direction. It all depends if I am right or wrong about this direction. The key is, my losses should be small if I am wrong and profits huge if I am right. I did extensive research on Jesse Livermore's method. Mathematically, his method was a holy grail but only if he was right in predicting the direction. If he was wrong about the direction, his math would limit his losses. If he was lucky, would multiply his account...Ignored