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  • #1,118,661
  • Jun 22, 2017 11:06am Jun 22, 2017 11:06am
i wonder what happens to EURUSD if USDJPY goes north, if i look at past charts i see they move in opposite ways so i am waiting for the USDJPY moving north which means EURUSD would then move south so there you go maybe south is the direction next

Also i dont know where the GPBJPY will go then, i wait for it to move north soon, so this means EURGPB would move south.. hmmm strange lets see
When life gives you lemons, make lemonade
  • #1,118,662
  • Jun 22, 2017 11:07am Jun 22, 2017 11:07am
Quoting hilmy83
{quote} ok, but now you're just picking and choosing days to trade based on analysis. I approach trading from net expectancy approach. I don't know what the outcome will be, i just know, over large set of trades, i'll be positive. I can't know taht one day will pay off huge, or not..it's pretty random. so i trade everyday to allow the edge to work.
Fair enough. My levels are usually pretty far apart from eachother, you must have a different approach with more trades. Whatever works!
  • #1,118,663
  • Jun 22, 2017 11:08am Jun 22, 2017 11:08am
Quoting MarkoTrd
go up go up... 1 sl taken when i've short this baby...now eurusd must go up, some pips :-)
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  • #1,118,664
  • Jun 22, 2017 11:09am Jun 22, 2017 11:09am
I need to get on with my life, have spent seven days circle jerking these levels
And on the seventh day god said, let's get the phug out of here. One way or the other, please, for crying out loud! Oh Come On Now, Wait just a minute, not so fast. I need to go out, don't want to miss a thing....!
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Founder of Sutherland Wave Principle
  • #1,118,665
  • Jun 22, 2017 11:10am Jun 22, 2017 11:10am
Quoting hilmy83
{quote} i just want to know if looking at other pairs actually make any sense if wins/loss distributes equally right? if you have an edge, why look beyond 1 pair if over time, your expectancy for any given pair is the same
Why look beyond one pair? Because sometimes when you see your favorite pair not exactly behaving as you would like it to do, you can try and find opportunities somewhere. Else. And I say "can", not should.

You might be asking me about trading multiple pairs simultaneously? No, that wasn't what I was talking about, even if I do that when I am mostly scalping for few pips. When I go for intraday targets of 30, 40 or more pips, I focus on one pair only, rarely two, as bigger price movements are a lot more difficult to predict than smaller ones. When I was swing trader, I would rarely trade more than one pair.

Regarding the return, return depends on your setup and risk to reward ratio, regardless of pair traded. Granted, return on some pairs per pip is different, but that anyone who trades for more than a few days know already.

i hope that this answers your question...
"Don't lose your cool, and you will fare well".
  • #1,118,666
  • Jun 22, 2017 11:12am Jun 22, 2017 11:12am
Quoting Connors
{quote} I will if/when this happens: {quote}

1.1144 >>> 1.1194 1.1194 >>> 1.1098 That's what I have as master plan.
Looking at Daily chart what's the possibility
  • #1,118,667
  • Jun 22, 2017 11:14am Jun 22, 2017 11:14am
Quoting diana91
{quote} Good thing is that when one pair is making you smash your computer or whatever device you're trading on, there are other pairs with much more action. After all, so far I have realized that even if markets are open 24/5, you don't have to trade every day. Wait for that perfect setup you're after, even if it takes days sometimes. Don't force yourself into trading, don't force yourself see something which isn't there at the moment, that is the surefire way to make mistake and end up with loss. The question which usually comes up after that...
Great advise (go for trades that is having the best set up Key levels / sitting ducks / money left on the floor) still learning…
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Self discipline It is a practice
  • #1,118,668
  • Jun 22, 2017 11:15am Jun 22, 2017 11:15am
Quoting micho
i wonder what happens to EURUSD if USDJPY goes north, if i look at past charts i see they move in opposite ways so i am waiting for the USDJPY moving north which means EURUSD would then move south so there you go maybe south is the direction next Also i dont know where the GPBJPY will go then, i wait for it to move north soon, so this means EURGPB would move south.. hmmm strange lets see
Yes, I've noticed that also...UJ goes up then EU down, also the swissie, I swear when it goes up the EU goes down again! it's just so damn spooky...it's a paranormal activity or something...
who dares wins
  • #1,118,669
  • Jun 22, 2017 11:16am Jun 22, 2017 11:16am
Quoting Ken A
{quote} Looking at Daily chart what's the possibility
Slim. This 4H close is important for any faith. Above 1.1162, I will chill, but not before.
  • #1,118,670
  • Jun 22, 2017 11:18am Jun 22, 2017 11:18am
I should have booked my profit at 61.8% or at least 50%. My mistake !!!
There is nice counter trend here !
Short right there is good choice too, missed it !!!

Edited: another chance for short should be around 50% (116x)
Hope this plan works out lol
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  • #1,118,671
  • Jun 22, 2017 11:23am Jun 22, 2017 11:23am
May I be cursed, entire day today is a damn scalper's paradise on so many pairs, just look at this sh*t, price is bouncing up and down from daily S/R whole day. I hope someone wasn't lazy as me today (slept whole day), and I hope that someone made bunch of profits today. I really hope that from the bottom of my heart.
"Don't lose your cool, and you will fare well".
  • #1,118,672
  • Jun 22, 2017 11:24am Jun 22, 2017 11:24am
Quoting suthmo
I need to get on with my life, have spent seven days circle jerking these levels And on the seventh day god said, let's get the phug out of here. One way or the other, please, for crying out loud! Oh Come On Now, Wait just a minute, not so fast. I need to go out, don't want to miss a thing....! {image}
stuff been hitting the fan hard lately..whats going on? the 7's are phoking up
  • #1,118,673
  • Jun 22, 2017 11:27am Jun 22, 2017 11:27am
70% of FF is short time to long this sucker
  • #1,118,674
  • Jun 22, 2017 11:28am Jun 22, 2017 11:28am
Quoting diana91
May I be cursed, entire day today is a damn scalper's paradise on so many pairs, just look at this sh*t, price is bouncing up and down from daily S/R whole day. I hope someone wasn't lazy as me today (slept whole day), and I hope that someone made bunch of profits today. I really hope that from the bottom of my heart.
You never know until its over!
When you start scalping, the market will move side way lol !!!
  • #1,118,675
  • Jun 22, 2017 11:32am Jun 22, 2017 11:32am
Quoting diana91
{quote} Why look beyond one pair? Because sometimes when you see your favorite pair not exactly behaving as you would like it to do, you can try and find opportunities somewhere. Else. And I say "can", not should. You might be asking me about trading multiple pairs simultaneously? No, that wasn't what I was talking about, even if I do that when I am mostly scalping for few pips. When I go for intraday targets of 30, 40 or more pips, I focus on one pair only, rarely two, as bigger price movements are a lot more difficult to predict than smaller ones....
hi
there is a theory in forex called "cycle", well, to tell the truth, I have noticed this cucle and this will answer many questions about corrlated pairs, hedged pairs and when to trade that pair(s) and not to trade the other pair(s).
example of a real cycle : since few weeks usdcad is sleeping pair, while then, before these weeks it was very active, then on this week OMG the cycle of activity poped up and the sleeping beauty waked up jumping 1200 points on today and before few days jumped down 900 points to the mother earth south...

well, while the eurusd become sleeping today and the gbpusd also the same and most of the pairs too.

ok, the thing is that, you must follow the red flag mark on any fundemnatal for example today only CAD has this red flag and pop up 1200 point down to south while all were sleeping except NZDusd at 1:00am in our time moved like fast as i could not catch the spark ...up and down then boooooom sleeping... all day

this is cycle, on tomorrow all pairs are sleeping except cad so again the cad will move strongly then god knows who will be sleeping and who will be acting in the new cycle.

ok , how to configure whch pair will be in the next cycle

yse true.. only God knows and the the BIG gurus.

we only just lag the time , we will notice the cycle after few hours from its negining and once you ride the wave, the big players will decide .. oh that is enough for the day and you will begin to lose.. and your trades will trigger the stop loss..
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #1,118,676
  • Jun 22, 2017 11:32am Jun 22, 2017 11:32am
Quoting SnaveForex
70% of FF is short time to long this sucker
Interesting fact: If you "split the difference" between the average long (1.1118) and short price (1.0841), you get 1.09795.

1.0841 + ((1.1118-1.0841)/2)

not sure if it means anything but... haha. I think the 50% higher level is where people psychologically who were on the wrong side take risk off, so this might mean something? But probably not... haha.
  • #1,118,677
  • Jun 22, 2017 11:33am Jun 22, 2017 11:33am
for what I was just saying !
I could be wrong ok?
But it looks good for me!
at least it is creating a triangle !!!
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  • #1,118,678
  • Jun 22, 2017 11:33am Jun 22, 2017 11:33am
I guess this black tall lady do a cheat for us

https://www.facebook.com/talentrecap...01030740422180

Any idea about this magic trick.
  • #1,118,679
  • Jun 22, 2017 11:34am Jun 22, 2017 11:34am
That average long price of 1.1118 also makes me think that if we fall any more, there will be many FF members who were LONG selling out at slight loss... right? Haha.
  • #1,118,680
  • Edited 2:12pm Jun 22, 2017 11:37am | Edited 2:12pm
Quoting Angelina
{quote} You never know until its over! When you start scalping, the market will move side way lol !!!
I recently met a bright young trader. He showed me how he trades. I must say that was the best scalping technique I have ever seen.

2 pips profit target per trade -6 pips stop, working with a broker that offers 0.6-0.7 pips spread on majors.
On average he executes ca. 100 trades a day, with a success rate of 87%.
At first I bullied him due to awful risk reward ratio but once I realised how he does it, it opened a new era of scalping on my limited mind.
I am not sure if there is anyone that trades the same way here. I am trying to improve my scalping skills but it is not as easy as it sounds, you need a good success rate.
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