- Search Forex Factory
- 64 Results
- Pytta replied Nov 12, 2021
Asking people not to sell in a well established downtrend, is not wise my friend. Regardless of the end result, theoretically speaking, you are wrong.
- Pytta replied Nov 11, 2021
There is no volume in forex, the number of contracts cannot be calculated. Volume in forex just counts the number of ticks, hardly a significant indicator for trends. It only helps weighing volatility levels in a given period, not change of trends ...
- Pytta replied Nov 11, 2021
So, you are forecasting 2 years ahead... I think all the economists, bankers, financial analysts as well as treasury and basically every single person who studies inflation and currency value should go home, you can do all of that with a very basic ...
- Pytta replied Nov 10, 2021
Don't understand why one's main focus isn't on getting better, rather try to diminish everyone else. Psychology is so deep, definitely ones worst enemy. I guess if you can't get good, you try to make everyone else bad, to even things. Focus on ...
- Pytta replied Nov 10, 2021
I am not sure if this is intended to me, just trying to be a good voice around here, and I am not one to prove to strange and weird people over the internet anything, but meh, if it makes u feel better, my October to date data on micro account are ...
- Pytta replied Nov 10, 2021
Depends how u trade mate. In general, no harm in staying short through corrections, downtrend is still intact, and ull enjoy the ride through wave 5! Good luck!
- Pytta replied Nov 10, 2021
Be mindful, we are on the 3rd Elliot wave (could still edge a bit lower still), expect a good pull back (long boys, not yet) towards 1.1560ish, before wave 5 towards 1.14188, where I believe would be the end of the downtrend, for the time being, ...
- Pytta replied Nov 10, 2021
1.15630 possibly, for a drop to 1.14188.
- Pytta replied Nov 10, 2021
Hello 1.14, Hope not many traders got ran over. I certainly don't see Suthmo anymore, understandably so, he's been "buying this sh!t" since 1.1660. A kind reminder to my fellow traders to try and always trade with the dominant trend, and if you ...
- Pytta replied Nov 9, 2021
No one knows for sure what’s going to happen in the market so stop pretending like you do. Though let me tell you and the other arguing folks something I know for sure; Market is all about discipline and maturity, and by the looks of it, all of you ...
- Pytta replied Nov 9, 2021
Correct. The only reason you get to the anger state our beloved friend is in, is through bad money management and refusal to accept a loss, by risking more and more. Market is manipulated, heavily as well. It's an ocean that can eat you and won't ...
- Pytta replied Nov 8, 2021
Going back to my previous post, the long-term aspect is bullish, though a reversal must happen before the run towards 118.xx, I called 112, could be slightly lower or slightly higher, but I don't believe the pair will escape 114.xx without a reversal ...
- Pytta replied Nov 8, 2021
USDJPY was never a buy mate, I explained why in my previous post, if you got out with a positive, happy for you, but it isn't a good entry tbh.
- Pytta replied Nov 6, 2021
What makes me lean towards a lower short-term price is the lower high off the top. Where it is now, I don't think it would be a good trade either side, unless you're scalping.
- Pytta replied Nov 6, 2021
Generally, yes, but I cannot see a run to 118 without a proper correction, might happen, but knowing how the market functions, I believe a sharp drop is needed. The US economy has recovered better than most, however, a lot of other fundamental ...
- Pytta replied Nov 6, 2021
Downtrend was broken, I can see 110 ish the absolute low this pair can reach for now, coming off a correction towards 118. It would take a huge slump in DXY and general disastrous economical figures for the US to push this pair further. Not to ...
- Pytta replied Nov 5, 2021
I see it 118.xx by Q1 2022, though a rejection from 114.xx to 112.xx is inevitable now, wouldn't buy it now for sure. A good pull back might tempt me.
- Pytta replied Nov 5, 2021
wow, things escalated quickly over here... closed all my shorts from 1.1582 and 1.1550 @1.15240 and 1.1540 respectively. Won't carry over the weekend. Will look to Sell every pull-back starting from 1.1572, 1.1600, 1.1630 and 1.1660. Can't see it ...
- Pytta replied Nov 5, 2021
Couldn't have said it better. There is no blueprint, nor is there a magic indicator. We trade the in-betweens of monetary values, which solely depend on external factors, NOT historical data. Historical data can help us with entry exits, but predict ...