BTC Return This Year:
0.6%
Another new student 6 replies
Forex Without a Job (College/Uni Student) 35 replies
GusForex - College student on a mission 2 replies
student needs answers to some questions 5 replies
My Dealer Handbook 0 replies
DislikedActually it pierced 23.6 and touched 50 then returned the call to the gartley!Ignored
Dislikedthis really need experience to do all your trade. a really good trade by you 9er. i still try to understand why you took every position you posted for today.Ignored
DislikedThe 1H. Notice on the attached chart the ABCD pattern. Notice that C to D is shorter in "distance" than the A to B leg. I personally think the C to D leg is not finished yet.
Although it might be safe to assume that price will be sideways for most of the day.Ignored
Disliked9er - Thank you for sharing your trading style. This is a very interesting thread - and well managed I might say. I would like to contribute but need to read the thread, docs + books being referenced before doing so. Until then I will be visiting often. I hope you will stay active (running this thread) for a long time. Well done!Ignored
Dislikedwhat i learn from what 9er do today is he always put position (buy stop / sell stop) in certain distance below PA if PA try to test some resistance or above PA if PA try to test some support. The support can be MA 200, Pivot, Channel Trendline or Fibonachi Level.
Price already broke H1 MA 200. bearish is dominating. how low can it go?Ignored
DislikedSure we can not use it at times. However, as I said previously I need to see some progression through the 4H chart. An argument can be made for pullback or reversal. In my experience until all time frames line up and all drop below the 200 there is always speculation that this is simply a pullback, false break etc.
For me the RSI is critical though. The only TF's where I might ignore the RSI are on the 5M and 15M. The higher the TF the stronger the indicator - at least from my humble perspective anyway.Ignored
DislikedWhy do I only trade EU? I used to bounce ALL over the place. GBP, JPY, AUD and found myself losing pretty consistantly. My opinion is that "repetition" is the best teacher. If you look at only one pair over and over and over again for a few years, you slowly become accustomed to it's characteristics.
By trading one pair and sticking to ONE PAIR you WILL over time, become very fluid with it's characteristics. You will become an expert of that pair.
My recommendation to any trader (take if you want): choose a pair and trade only that pair for...Ignored
Dislikedi try to put the sell stop when the bearish gartley appear at M5 chart, the result is awesome.
i also add sell stop below the fractal outside alligator mouth at H1.Ignored
DislikedThe Progress : Price might be touch 1.292x or lower this week, then buying on deep looking for strengthIgnored