Make all possible mistakes in demo and rain in pips in live account
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DislikedI just want to draw your attention to some points and you will start to understand may be I am wrong: Traders in Banks and brokers knew all these old stuff: 1. Hammer, Bollinger Band, stochastic, rsi etc and they widespread these indicators and they let people focus and trade in this frame. It mean that these guys knew how to catch your money so how can you take money from them if they already knew all cards you have in your hands you don't hide them. 2. they also knew that most people would enter "buy" in a trade after a bullish candle or "short...Ignored
DislikedI finally closed USDJPY short formed long ago with Shooting Star Today's candle was too big. Market is oversold on the shorter TF and so may be forming small bullish candlesIgnored
DislikedEURGBP had been ranging since September, four months now. Last candle closed with Doji. What will happen next after this? Getting bored by my short positionIgnored
DislikedIf only we're patient enough to wait for Shooting Star, for bearish setup and Dragonfly/Pinbar and Hammer with bullish body, for bullish position I believe we can build any account to reasonable size. Funny enough they don't form alwaysIgnored
DislikedI think this is a likely bounce on these pairs. {image} {image} {image}Ignored
Disliked{quote} Hey 9Ja.. I already finnished my big picture analyses for all my viewed pairs-- Some (most)pairs are very similar to yours and I´m thinking about to add the missing ones.. ( decide later). For now I´m having following questions: {quote} EG is in my big picture analyses for long.. BUT.. it´s monthly constraining and I skiped trading it because the toooooooo slow move What is your impression about UJ.. I only analyse weekly TF and later I deecide to enter a daily-- or even skip. In my top down analyses it has a too small range for a first...Ignored
DislikedMy analyses are based on monthly, weekly and look for entry on either daily and 4hr. But monthly takes longer time to work out. You would see strong bullish setup already formed on USDCAD, Strong Pinbar. The bulls are looking for entryIgnored
Disliked{quote} Yes, the monthly pinbar is a strong buy signal-- body above the 50 Ema what I use for my top down analyses.. But during the last weeks the price couldn t break the range between 12650 and 129 until the last 2 weeks.. It looks strongly like a retest of the low around 121 IMO. Back to UJ.. where would you place the Sl for that case.. ? With my trading it would be anywhere around 1360-80-- but the market is too flat .. I don t like it -- breakout of a flat range YEs, but only if the conditions are given. Not in this one. stay tuned Guido {image}...Ignored
Disliked{quote} There had been strong short setup formed long ago on EURGBP on 12th October, 2017- Strong Shooting Star. You would observe that ever since, no bullish candle had been able to close above the 0.89772 resistance where the setup was formed. About USDJPY, it remains bullish bias. But could be risky now because of sl level. I would tread carefully by taking small lot size 0.02. UJ was able to close with bearish candles with long upper shadow. I will be using the upper shadow high price for sl, though scared of possible retracement that earlier...Ignored
DislikedI decided to join EURAUD bulls, USDJPY bears, EURUSD bulls and AUDUSD bulls. Not in one platformIgnored
DislikedI decided to join EURAUD bulls, USDJPY bears, EURUSD bulls and AUDUSD bulls. Not in one platformIgnored
Disliked{quote} For shorter time frame there is possibility of bounce. I do see overall bullish bias on themIgnored
Disliked{quote} My goal is to take small bites throughout the day. I like projecting price too, but its not my trading method.Ignored