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Trading 101

setting sell limits for cable as well, bigger net used for bigger fish and hence limits are wider apart,,very quiet here in this thread making me feel bored
EDit: removing pending sells on both gu and eu..
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the cautious seldom err....C
Quoting hasib
GU This is a possibility {image}
GU as expected, Price go to that area and move down,
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MA provides the market's current direction and strength.
Quoting pips29
setting sell limits for cable as well, bigger net used for bigger fish and hence limits are wider apart,,very quiet here in this thread making me feel bored EDit: removing pending sells on both gu and eu.. {image}
I've been watching your posts with interest, and found this video explaining BBMA in english. Going to use a simulator to try to understand actually trading it. The video suggests learning the re-entry as the first entry so I'll probably focus on that first. However I don't get where you place your stops/targets.

Inserted Video
Quoting B.C
{quote} I've been watching your posts with interest, and found this video explaining BBMA in english. Going to use a simulator to try to understand actually trading it. The video suggests learning the re-entry as the first entry so I'll probably focus on that first. However I don't get where you place your stops/targets. https://www.youtube.com/watch?v=U0hJiUCJ7GA&t=1531s
that's a good video to start off with. I have watched this video several times
the cautious seldom err....C
going to bed soon, hopefully I get the chance to lock in the other 2 entries at b/e. I had another entry which was taken out for +10
EDit:all 3 entries have +ve stops, going to zzzzzzz now
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the cautious seldom err....C
I'm locking in the loonie at b/e,
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the cautious seldom err....C
taken 2 out and leaving one for target which will be reached eventually..took profits on GU and was kicked out of the loonie at b/e
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the cautious seldom err....C
setting pending orders for EA, my entries are always planned beforehand, some minor adjustments might be needed depending on time but never taken at the spur of the moment
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the cautious seldom err....C
I can't find a trade that I can confidently take without too much risk. It might be better to come back nearer US open and do something else now..GL
the cautious seldom err....C
GU
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MA provides the market's current direction and strength.
EU, with your stupid indicators you would have lose money.

Most important things in trading is keeping it simple but unfortunately most of us can't do it.

If your method is good enough it will work both market conditions slow and trending.

If you fuck your edge with stupid indicator like HA, TDI, Pivot, BB, too many MA your edge will come and go but you can't act on it because of inconsistent results. If those indicator is so good we have lot of good coder they have code it as ea and become very very successful.

I assume your a manual trader and you want to be good at it. So take more responsibilities on your trading decision.
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MA provides the market's current direction and strength.
Quoting hasib
EU, with your stupid indicators you would have lose money. Most important things in trading is keeping it simple but unfortunately most of us can't do it. If your method is good enough it will work both market conditions slow and trending. If you fuck your edge with stupid indicator like HA, TDI, Pivot, BB, too many MA your edge will come and go but you can't act on it because of inconsistent results. If those indicator is so good we have lot of good coder they have code it as ea and become very very successful. I assume your a manual trader and...
As long is eu price is below 14 level, I think we can look for sell opportunity. Very few people here participate for learning. sad but true. If your not hungry enough you will not make it.
MA provides the market's current direction and strength.

  1. U.S. reports first case of Omicron community transmission
  2. Yellen says variant could slow growth
  3. 'Situation is very serious,' say Germany's Merkel
  4. Omicron may cause half of European infections in months

MA provides the market's current direction and strength.
Quoting pips29
I will be posting in the bbma thread if you are interested in this method https://www.forexfactory.com/thread/...moving-average
I'll be following with interest, even if I don't post much!
This is colour EMA INDICATOR.


pips29 are you idiot ?
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MA provides the market's current direction and strength.
EURUSD Trend directions
weekly Down.
Daily Down
H4 Slow and choppy

GBPUSD Trend directions
weekly Down.
Daily Down
H4 Down
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MA provides the market's current direction and strength.
Slow and sideway market.
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MA provides the market's current direction and strength.
Quoting hasib
EURUSD Trend directions weekly Down. Daily Down H4 Slow and choppy GBPUSD Trend directions weekly Down. Daily Down H4 Down {image} {image} {image}
You are a joke! you tell traders HA,TDI,BB and MA are crappy and yet these are on your charts..That's why I am out of here. You got to practise what you preach,otherwise there is no creditability, Good luck with your naked charts , they don't look naked to me
the cautious seldom err....C
Quoting hasib
U.S. reports first case of Omicron community transmission Yellen says variant could slow growth 'Situation is very serious,' say Germany's Merkel Omicron may cause half of European infections in months
If so, perhaps we could see a bigger crash on the Bitcoin & Indices. AKA, new areas to buy, long term.
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