To me, EU looks like a really tight range, it should break out tonight/tomorrow.
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DislikedIt's beginning to like a South paw. But liquidity is kinda low right now i'll be careful about shorting for now.Ignored
DislikedEU should have no problem breaking out up, and joining her bullish partners, GU, NU, and AU.Ignored
DislikedI am short right now - just can't resist that daily range.
By the by, I know some of you are using my multi-purpose trade manager. I have made a couple of bug fixes - nothing major unless anybody wants to use the instant trailing stop routine, but I have also fixed a bug that affected the on-screen user-feedback.
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Dislikedi can't trade that daily range anymore because EU is too close to the SMA for me to feel comfortable about trading it, and the fact that GU broke it's daily range to 2.0. Too many factors out weight that range for me. But anything is possible, Im long at the moment for a short-term target, let's see what happens.
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DislikedFascinating how we use the same charts and yet come to completely different conclusions. Hopefully, we all make money form those conclusions, too.
My short has been as high as +50 - I know this because my ea was set to move the sl to breakeven +2 at +50 and this has happened. I took a similar trade with gu this afternoon and the same has happened.
So, at one point today I could have banked 100 pips, but I left them on the table in the hope of banking more, based on my reading of the daily charts.
I have changed the ea parameters to move the sl every 30 pips. Maybe I will wake up tomorrow (it is 10.25 pm here in the UK) to some more locked in pips. Maybe I will wake up to a couple of closed out trades at +2 each. We shall see.
R/R is the best thing a trader has. Sounds not greedy, but a good system.
Should I have banked those two +50's? I am new to making profits from manual trades and am not used to success. In my case, greed is definitely overcoming fear for the time being.
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DislikedHEY PEOPLE,
Im new in Forex Trading i need your help
I want to know when to know how to predict future market price when is selling or buying and at what price.
i use metatrader4 platform.Ignored
DislikedI agree with DRT about next rally. According to McRae's model we should see a steady rise for several days torque EURUSD. Price target 1.6230 Stop Loss 1.5600Ignored
Dislikeddo you honestly think we are headed to a new high????
please
explain the thinking behind this
this I want to hearIgnored
DislikedThis is what I use for the future...
Works every time.
http://www.imagi-nation.com/moonstruck/question.html
OK. Look at the chart.
Is it lower on the left and higher on the right?
It's going up.
If it's higher on the left and lower on the right it's going down.
Follow the trend and the white rabbit. If you want to. The choice is yours.Ignored