Disliked{quote} I will cut it went is reach $1500, i will take the lost there. I will stop trading and try to learn as much as possible from you till I see the light.Ignored
Ah i mean monthly is r 1 the great big red line on the chart - 78 90
I can predict moves but then I forget how. Why? 20 replies
iCustom Value with another value ? 8 replies
How to get an MA value of first indicators value? 2 replies
Could RSI value show most update value on eur/usd chart? 6 replies
Disliked{quote} I will cut it went is reach $1500, i will take the lost there. I will stop trading and try to learn as much as possible from you till I see the light.Ignored
Disliked{quote} Pivot is calculated yesterdays high + low + Close / 3. But different timezones have different Pivots. The London Time Pivots are different to the NY Time Pivots! Just my 2 Cents....Ignored
Disliked{quote} Ah i mean monthly is r 1 the great big red line on the chart - 78 90Ignored
Disliked{quote} Pivot is calculated yesterdays high + low + Close / 3. But different timezones have different Pivots. The London Time Pivots are different to the NY Time Pivots! Just my 2 Cents....Ignored
Disliked{quote} Thanks Dennis and mattkirby. I was re-reading all your post and trying to take note so that I can follow as your lessons develop. Sorry, if and ever I ask too much newbie and basic questions.Ignored
Disliked"Your ability to determine which market participants are influencing price will allow you to judge the conviction and behavior of price movement" 1 Investors 2 Position Traders 3 Swing Traders 4 Day Traders So today we did live trading on the NFP. I did number 4 Day trade entries with day trade targets. all whats left to wrap up the play by play is for me to post current UJ chart with clear enntries printed by my broker on the chart with some notes. To summarize before I work on the chart notes: Trade entry 1 at 103 40 closed at 103. 60 Trade 2...Ignored
Disliked{quote} Todays NFP Play by play in the charts. See we are dead here. Because we closed the file. Professional day traders are on the same plan with similar results. {image}Ignored
Disliked{quote} Thanks for the visual explanation! 1. What does CPR stand for? 2. Would you please explain the logic behind every trade (conditions for entering the trade, calculating TP and SL (if you use any)?Ignored
Disliked{quote} I have a real bad trade for AUDJPY since 25 July I bought from 79.1XX to 79.3XX, there are recovering a bit. Should I continue to hold till they turn profit. TIAIgnored
Disliked{quote} CPR is Central Pivot Range, (Normally on Daily Eastern Time) This is normally used by Professional Day traders to view its relationship with prior rolling days and its band width. If you look at the CPR yesterday on the NFP chart is has a lower inside value then today. Then the initial balance to day broke to the upside above the level of yesterdays CPR and todays CPR. So easy day to anticipate the play by play. Get filled on Pull backs to CPR then add news/nfp = Put long additional orders S1 and S2 to get filled on other people stops Trade...Ignored
Disliked{quote} I have no idea all the professional traders I know do what I am doing. I am limited to what I do and not an expert on other stuff. All I can say is professional traders have very few indicators in there tool box. However technical analysts have plenty of tools to make nice flashy looking reports for us Floor traders. On the other hand, if you know your participants and the levels and your fundies it is quite possible to make most things work for you. I used to have a RSI system with Pivot points that helped me to identify the initial balance...Ignored
Disliked{quote} Bro we reached your target 20 pips more its ur call r 1 monthly ajIgnored