Observation is the path to discovery.
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DislikedAl, back here. I've been very busy and I couldn't keep an eye on Forex.
Why talk about a long AUDNZD? Although the band has not touched bottom.
Also now you talk about going for only 10 pips on some orders, I see that I have read much of what I missed, because this is not the original strategy.
Thank you. Y muchos éxitos!!!Ignored
DislikedHi Al, I'm talking about people that visit threads and say a strategy will not work but they don't even trade it.Ignored
DislikedAl,
Many times when these pairs come in strong over the TMA they will try to make a double top or similar pattern. I thought that might be the case here so I decided to pass on the first try and go for the second.Ignored
DislikedRethinking eur/usd trade ight take it offa t few pip profit. Btw why did u risk euaud and not eu/usd?Ignored
DislikedNow, EurUsd will test the center line which is close to R1. If it stalls there also, I´ll get out again and pocket another 12 pips.Ignored
DislikedDo you really talk about EUR/USD? I do not see R1 or the center line of TMA near the price at the moment...
EDIT: I guess you mean EUR/AUD, right?Ignored
Disliked....is that that brokers/machines got to get daytraders back with some profits so that there is more volume...so they throw out little systems for you that work for a while...and only at extremes....
Alorente you got nothing else to do but be a babysitter for nearly 16 hours a day to traders...all out of pure charity?Ignored
DislikedThe truth is that there are no profitable "systems" that would be profitable in a long term . Why ? Because system don't have brains and can't adapt in changing markets . ...Ignored
DislikedThe truth is that there are no profitable "systems" that would be profitable in a long term . Why ? Because system don't have brains and can't adapt in changing markets . By this I mean that it's impossible to ignore news / demand / supply levels and the overall situation what is happeing in particular countrys that can affect the pair . There are no magic systems / indicators that you can follow ,example - (long/short when you see "red dot there , green circle here" , something crossing and all that stuff that most of the lossing traders use...)....Ignored