Disliked{quote} I only trade & make my little TA analysis at D1, that's just the %20 of my trading though. I do the most of the work in Excel and News Calendars.Ignored
I am a day trader, my trend is not your trend. I look max to H1.
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Cable Update - Continued 102 replies
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Disliked{quote} I only trade & make my little TA analysis at D1, that's just the %20 of my trading though. I do the most of the work in Excel and News Calendars.Ignored
Disliked{quote} The reason so many people fail is because they get caught up in the movement of tiny pieces and fail to see the forest because all the trees keep moving. Everyone wants to increase their precision of measuring equilibrium bubbles and eventually get trapped by all the head fakes. The markets move from pivot point to pivot point, through equilibrium. If you correctly identify equilibrium, then merely determine its apex. If the apex occurs near a pivot point, the trade is finished. Trade the other direction back to equilibrium. Once at equilibrium,...Ignored
Disliked{quote} This would only be true with perfect markets, 100pc rational participants, perfect information etc. It also assumes that the only determinant of exchange rates is relative inflation. None of this holds though. The only thing that makes you right or wrong is a steadily rising equity curve. You were saying to hold/add buys above 1.42 a couple of weeks ago, this is not correct even at the time even in light of the lagging inflation data economic indicator (well resourced market participants have already priced this in long before the release)....Ignored
Disliked{quote} Yeas, for scalping you gotta use SL closer, for longer term trades you know have to keep the decision. Means don't manually close the trade until s/l reached.Ignored
Disliked{quote} If there's a D1 trend, i take the most of it. Generally. Like 70-80% of the time. And i can prove my claim. Here's my GU chart: {image} Here's my EU chart: {image} Red lines are losses, greens are wins. So you can see that i was right most of the time and caught most of the trends. So this analysis work and these are the proof. I don't need a perfect scenario. I only need 3 factors: GDP, Inflation, Interest Rate. As you can see it works, and it will continue working unless there's a marginal change in this whole monetary system.Ignored
Disliked{quote} Who are you man/woman? Such a knowledge. Incredible. . I should have call you ''Forex Guru""Ignored
DislikedSod it I'm going short for shits and giggles 1.4000 have we come, no SLIgnored
DislikedMy analysis + gut says GU should keep bull till 4155 then bear to 4057. (H1 Chart) {image}Ignored
Disliked{quote} Come on drop already, I've got my house riding on this tradeIgnored
Disliked{quote} Come on drop already, I've got my house riding on this tradeIgnored
Disliked{quote} You're right. this is basically common sense. When currency prices changes for a certain reason like news release, rates changes then it might works. I do apply same concept and it takes days sometimes to reach the target price.Ignored
Disliked{quote} Will not move before the FOMC. This beast is so unpredictable and so is the faith of the US Dollar until the FED give the market a hint.Ignored
Disliked{quote} same broker allows to trade some markets smaller min. lot only on MT5, e.g. US30 starts on MT4 from 0.5, on MT5 U can start with 0.1Ignored
Disliked{quote} You need this. Complimentary from Sang Real who found it in the deserts. P/S - rub three times and says 1.40000. Jennie will grant your wish. {image}Ignored
DislikedCant rule out longs now, looking higher for shorts. I don't know if yesterday was manipulation for buyers, remember everyone is expecting short now which is the perfect time for the MMs to move the market up 1.4150 and 1.4180ish are worth watching, 1.4120 still a selling zone but it's been tested a lot so I'll wait and see {image}Ignored