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- 216 Results (3 Threads , 213 Replies )
- pierre23 replied Jul 6, 2023
I believe it's because Australia had passed new rules that leverage cannot be over 1:30. This includes having o/s accounts so I'm assuming any reputable broker is adhering to these rules for Aussies. Probably easier to just not let Australians ...
- pierre23 replied May 6, 2020
No crystal ball... just the market being predictable to the cent. In and out +20 with 2pip drawdown. IMO if it closes above 131.65 then I would expect it to continue to 132.00 - 132.20.
- pierre23 replied May 6, 2020
Sure, if you wanted to scroll back that far on the charts, shows the same data supporting it. Unnecessary however to go back that far IMO, unless you're trading the daily or weekly.
- pierre23 replied May 6, 2020
As mentioned in my previous posts.... same areas and levels being posted... different methodologies and thought patterns behind it. I believe there will be a good move from that area as you mentioned, but not because of algos. And you believe there ...
- pierre23 replied Apr 30, 2020
Sorry by reactionary trade I thought you meant strong price action previously at that area. I just mark the level and take the trade where I think it will reverse, I don't wait to see if it bounces first. I only trade high probability levels. There ...
- pierre23 replied Apr 30, 2020
My understanding is those who believe that there's an algorithm controlling the market, they wait for psychological areas to be traded to before taking a trade (ie. one form would be waiting for stops to be taken out, above or below extremes). ...
- pierre23 replied Apr 30, 2020
...AUDUSD straight off 0.6558 (+20 / 0 draw down) ...USDJPY today picked the top 106.86 (+20 / 1.7 pip draw down). Mark the level on a 30min chart and look what happened 2 days ago. Same setups, over and over again. If it is an algo, I want to thank ...
- pierre23 replied Apr 29, 2020
Another trade taken tonight with exactly 0 draw down just closed out... +24 These areas keep happening over and over... Previous NU trade taking it's time but it's getting there. The price structure isn't what I would like to see as the most ...
- pierre23 replied Apr 29, 2020
90-100 pip move from this level on 10th March. 0.65393 where you've suggested is the breakout point, but not where the move started. The areas I've posted are just points of interest to me. There are no guarantees. They either work, or don't.... if ...
- pierre23 replied Apr 29, 2020
And one crystal-ball post.... AUDUSD bounce at 0.6558. Mark the line on the chart and scroll backwards.
- pierre23 replied Apr 29, 2020
Sure, how about one of the setups I took today? First screenshot from the 15th April, price just reached the level today. I've also circled trades that could have been taken at consolidation levels where there's volume before a strong push, each ...
- pierre23 replied Apr 29, 2020
See, for me the trades were 2 days ago, and 7 days ago. Both for around +60 pips. First one 0 draw down, second one 3 pip draw down. NOTE I did not take these trades as I don't watch this pair. You could say hindsight is a beautiful thing, but the ...
- pierre23 replied Apr 25, 2020
Sure, fair enough and I know he's not selling anything. Like I said in my post, whatever thought process makes you a better trader. If there is a puppet master, and that way of thinking about it helps you see how the market moves and makes you a ...
- pierre23 replied Apr 25, 2020
You agree with RickM's post, yet you are essentially saying the same thing, except that it's in the form of an "algo" setting an "attractive safe price". Not meaning to sound aggressive but it sounds a little hypocritical? Who created this "algo"? ...
- pierre23 replied Dec 7, 2017
I would also 'pay a little' for an expert adviser to automatically trade for me generating an 80% win rate.
- pierre23 replied Oct 11, 2017
More to be had from gold and a/u but a win is a win. E/U caught me out though. Positive for the day.
- pierre23 replied Oct 7, 2017
Thanks pal. The one Shabs posted above works well, but I'll try those as well! Cheers
- pierre23 replied Oct 5, 2017
Wow absolute legend mate. Much appreciated!
- pierre23 replied Oct 5, 2017
Hey mate, thanks for taking the time. Sure a breakout box could work. Would you know of any that I could put in the hours and it would plot it every day? I would also need to find the mid-point of the box, again not sure if it's quick to edit an ...
- HiLo & Mid Session Indicator
Hi guys, I'd like to know if there's an indicator that will plot the high and low of the ...