Either UP or DOWN
Come on forexleagues... pick one
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DislikedI going to tell u something hopefully u listen:-:rolling_on_the_floor_laughing:
U should never trade like this..there is only one reason i have survived in this..it money management..nothing works completely so mm has to be there...u will never cut the trade and if it was live..u would be risking account blow..this is not effective demo trading..u have to keep it as realistic as possible otherwise it a question of time..
no matter how well u trade on demo, live will be different..Ignored
DislikedNav, wish I had added to my short yesterday.
Anyhow woulda, shoulda, coulda ehh, lol
looks like 1.55 is on its way, like you said.Ignored
DislikedMr T look at the dailly chart candle 12:11:01 (dailly pin)
this is think is a classic breakout and retest scenero..if simple have moved up to retest the breakout area to resume trend
it is also having confluence at 61.8 fib from the extreme high 1.63 to the low 1.5823..so if it breaks the low..it should be a good move..sorry cannot post a chart because i dont want every1 trading it!!..
but u different
not every1 reads so this can work..Ignored
DislikedWell nav! I respect you and i listened but yesterday i made it clear that the basis of my demo is to figure out and to tweak the strategy enough so that it DOES profit
Money management comes after, because i still have to analyse the data from the demo as to how my strategy trading works.... It needs some deliberate testing regardless of money management for now. I just need to proof that this system works in forward testing but yea in real life i would've been trading 0.1 lot per trade on a 8k account i know the implications
For example gbpjpy...Ignored
DislikedFor ppl wondering what nfp will do?
Ill give u a hint and you heard it here first... If number comes out above +50k its gona be risk on and seeing as its expected to come at 90k means its gona be leaning towards more than 50k so i think nfp will make a push up to retest .6040, but fail to stay above and continue its fall towards 1.5880 (ive repeated this 1.5880 my mouth is dry.... And its getting dull...)Ignored
DislikedFor ppl wondering what nfp will do?
Ill give u a hint and you heard it here first... If number comes out above +50k its gona be risk on and seeing as its expected to come at 90k means its gona be leaning towards more than 50k so i think nfp will make a push up to retest .6040, but fail to stay above and continue its fall towards 1.5880 (ive repeated this 1.5880 my mouth is dry.... And its getting dull...)Ignored
DislikedWtf!!! I told u!!! Knee jerk reaction up to 6040 the. Continue down, does that not sound clear enough for ppl to load up shorts?Ignored
DislikedWell, factoring in Tyrants analysis, I know have to say:
UP, DOWN, UP...
Sorry TT..Ignored