I wonder how many traders get caught out by this?
- Post #11,563
- Quote
- Oct 19, 2017 10:24am Oct 19, 2017 10:24am
- | Joined Jun 2008 | Status: Learning to Trade for a Living | 137 Posts
I'm not an expert but I can read charts.
- Post #11,564
- Quote
- Oct 19, 2017 10:26am Oct 19, 2017 10:26am
- | Joined Jun 2008 | Status: Learning to Trade for a Living | 137 Posts
I'm not an expert but I can read charts.
- Post #11,567
- Quote
- Edited 10:48am Oct 19, 2017 10:35am | Edited 10:48am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
almost an hour have passed.. 1 trade only.... I opened the EA in a 1M chart, (multiple pairs) with FIFO.... Im not sure if I was doing it right..
Some have attempted auto trade unsuccessfully...
...each trader must learn how the market works and trade WITH the MMs and banks...
There are no short cuts to succes you must invest your time to learn before investing your hard earned money.
CG
Keep It Simple
- Post #11,569
- Quote
- Oct 19, 2017 10:50am Oct 19, 2017 10:50am
GU buy +5 pips. Price is above Dragon and EMA200. Enter buy after several notable volume candles bounce at dragon and support area. TP 5pip tagerted at previous high. {image}
- Post #11,570
- Quote
- Oct 19, 2017 10:59am Oct 19, 2017 10:59am
GBPUSD +5
Price broke the previous max with great momentum, easy pips with the round number right there.
Price broke the previous max with great momentum, easy pips with the round number right there.
- Post #11,571
- Quote
- Oct 19, 2017 11:05am Oct 19, 2017 11:05am
- | Joined Jun 2008 | Status: Learning to Trade for a Living | 137 Posts
{quote} What EA? Our PVSRA trades are entered/closed by traders reading their charts...
the FIFO EA, part of the zip file.. it traded 2 pairs a while ago.. 1 win and 1 loss..
I'm not an expert but I can read charts.
- Post #11,572
- Quote
- Edited 12:19pm Oct 19, 2017 11:22am | Edited 12:19pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} the FIFO EA, part of the zip file.. it traded 2 pairs a while ago.. 1 win and 1 loss..
Keep It Simple
- Post #11,573
- Quote
- Oct 19, 2017 10:12pm Oct 19, 2017 10:12pm
- | Joined Jun 2008 | Status: Learning to Trade for a Living | 137 Posts
I'm not an expert but I can read charts.
- Post #11,574
- Quote
- Edited 11:38pm Oct 19, 2017 11:27pm | Edited 11:38pm
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
yay! my fault sorry...
Keep It Simple
- Post #11,575
- Quote
- Oct 20, 2017 4:22am Oct 20, 2017 4:22am
USDJPY +7
Very strong Dollar and very weak Yen, waited for price to break the previous high with volume. Had to experience a small retrace, but itnever broke .300/Dragon.
Target was an old max around 113.43.
Very strong Dollar and very weak Yen, waited for price to break the previous high with volume. Had to experience a small retrace, but itnever broke .300/Dragon.
Target was an old max around 113.43.
- Post #11,578
- Quote
- Oct 20, 2017 10:03am Oct 20, 2017 10:03am
USDJPY +5
Very strong USD since Lo. 113.4 acts as a strong support, got in after break of the previous max. Risky trade as we are close to long term tops and it's Friday afternoon.
Very strong USD since Lo. 113.4 acts as a strong support, got in after break of the previous max. Risky trade as we are close to long term tops and it's Friday afternoon.
- Post #11,579
- Quote
- Oct 23, 2017 4:35am Oct 23, 2017 4:35am
GJ, calm Monday scalp, +20p avg, high activity above whole number to upside, but going nowhere.
- Post #11,580
- Quote
- Oct 23, 2017 6:06am Oct 23, 2017 6:06am
EURUSD +10
Bearish market, price had been pushed down strongly against the S1 level. After that it tried to run up but it formed a high volume small double top. Got in after the price was stopped again with high volume around the dragon area. Used the end of hour momentum to break thru the previous low and grab some quick pips.
Bearish market, price had been pushed down strongly against the S1 level. After that it tried to run up but it formed a high volume small double top. Got in after the price was stopped again with high volume around the dragon area. Used the end of hour momentum to break thru the previous low and grab some quick pips.