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- 549 Results (274 Replies, 275 Comments)
- rehmatkhan00 commented 28 min ago
This is what I also suggest to all traders but unfortunately most of traders are crazy about fundamentals and would strictly follow it.
- rehmatkhan00 replied 52 min ago
Previous support area which is at around 1.0845 has become a temporary minor resistance and after breaking through it, EU will try to break through strong resistance at 1.0880. Tomorrow, we have a lot of inflation data from Europe and USA which ...
- rehmatkhan00 replied 3 hr ago
That’s why I always follow my system no matter what because if you switch systems everyday then you will always end up losing money. My main system is Elliot wave which is quite profitable if you have good knowledge of it. Beside, I also get help ...
- rehmatkhan00 commented 3 hr ago
Anyway you usually buy dollar to keep your ass safe
- rehmatkhan00 commented 3 hr ago
Yeah I will be buy when time comes but not now
- rehmatkhan00 replied 3 hr ago
Yup brother, I have seen a good number of traders who usually have aggressive entry style which can sometime really profitable as you catch a movement at the very beginning. Anyway best of luck
- rehmatkhan00 commented 3 hr ago
I think Europe is performing much better than USA as its inflation is coming down and their other economic data is also improving however on other hand USA is slowly slowly getting closer to stagflation which is not good sign even if they increase ...
- rehmatkhan00 replied 4 hr ago
I think for selling, waiting for a strong confirmation will be much better because if this wave is a bullish impulse wave then we will be shorting it at the very beginning which will be not considered a good entry point.
- rehmatkhan00 commented 4 hr ago
How come this is good data
- rehmatkhan00 replied 4 hr ago
We have a big hammer on 4hr chart and if this hammer reverses the price to the strong resistance which is at 1.0880, then chances of break to the North are really high and we might see one more HH by tomorrow.
- rehmatkhan00 replied 6 hr ago
We have three resistance areas that need to be protected by Bears, 1.0830, 1.0860 and 1.0880. If bears protect them today then the price can shoot down to 1.0720 if they fail to do so then we may see price shooting up to 1.0960 or 1.0970.
- rehmatkhan00 replied 7 hr ago
You are most welcome and the reason for discussion here is getting help from senior traders which I am already getting. Anyway thanks brother for not banning me.
- rehmatkhan00 replied 7 hr ago
Sorry for initiating such discussion and I will try my best to stick to the rules of the forum
- rehmatkhan00 replied 7 hr ago
The problem with most of the traders is that they mostly buy overbought market and sell oversold one. I think the reason for it is often FOMO.
- rehmatkhan00 replied 11 hr ago
You may be right but we should wait for high impact news in New York session which can reverse the price from the current support area.
- rehmatkhan00 replied 11 hr ago
I don't know about FVG at weekly but at higher timeframe this is really important level and price can reverse from here so watch it closely.
- rehmatkhan00 replied 14 hr ago
Good morning the price is still moving downward if the price closes below 1.0760 then it will change the market sentiment from bull to bear and for now there two important points from where the price can reverse first is ...
- rehmatkhan00 replied 21 hr ago
Bro a big surprise is coming for bears, just wait for sometime because it seems to be the last leg E of descending triangle in correction.
- rehmatkhan00 replied 24 hr ago
you are most welcome……. Today we have nothing much left however tomorrow must be a really interesting day as we have a lot of high impact news which can break this week’s range and I hope it will break to the upside
- rehmatkhan00 replied 24 hr ago
Your strategy of buying is good and if it fails to bounce then most of your buy orders will be not filled and you will have a little loss even if it goes against you.