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  • #1,124,801
  • Jul 25, 2017 5:27am Jul 25, 2017 5:27am
Quoting Samson85
{quote} Loooool your crazy!! I thought NotATrader was aggressive but if you're doing 90% that is insane. I hope you got a batch of anxiety pills near the pc
Nah, I don't fear the losses. I learn from 'em. I kick myself in the ass and get frustrated when I make silly mistakes and know I should've done better but I don't worry about whether a trade ends up profitable or not. Just stare at enough losing trades as they bleed out your account and then teach yourself to shrug and move on. You'll become desensitized to the red. It's quite therapeutic and helps you trade better. Having an emotional attachment to money definitely doesn't.

Besides, the key is to master the art. You can go bust every week for 5 years and then become rich in half that time once you're done learning from your mistakes. So does it really matter how much you're losing before you start consistently winning?
"The fun is in the hunt. Not the kill."
  • #1,124,802
  • Jul 25, 2017 5:34am Jul 25, 2017 5:34am
it will be interesting to see how the divergence in h1 and h4 rsi play out
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 55 KB
  • #1,124,803
  • Edited 5:54am Jul 25, 2017 5:39am | Edited 5:54am
Quoting Taigen
{quote} Thanks for the heads up. I will probably stay with the MT4 platform since it has seemed to work well for the most part with the type of trading style I do. It allows me not to deal with the fundamentals of the market so much and just rely on technicals. The upside is that it's simple and I don't have to be in front of the computer all the time. The downside is that I my positions could be better if I used fundamentals and more sophisticated indicators. Once I get into a zero stop or small take profit stop loss, I'll set my take profit stop...
If you're a Medium Trader & Not Always stand in behind the Computer. I advice use H4 Time Frime for Trade.
For Triger use M30 for looking Lowest / Highest the Price.
But you must to take Carefully before entering the Trade.
And minimal Stop Loss is around 50 - 100 Point.

The Calculations can use Fibonacci btw I recommend with MM (Murrey Math) & for Looking Trend must at the Daily Chart and pay Attention for the Weekly Chart.

About Fibonacci & Murrey Math theory (+ Gann theory) I shared Post #3,595 and Post #3,599 in HERE
Always looking the GREAT, never left GOOD Point...
  • #1,124,804
  • Jul 25, 2017 5:54am Jul 25, 2017 5:54am
Long from Daily Pivot
Attached Image (click to enlarge)
Click to Enlarge Name: EU 2017 Jul 25a.PNG Size: 34 KB
  • #1,124,805
  • Jul 25, 2017 5:56am Jul 25, 2017 5:56am
Quoting MaxDoom
Long from Daily Pivot {image}
damn

EDIT: expecting a breakout on UCAD and EU any minute
  • #1,124,806
  • Jul 25, 2017 6:29am Jul 25, 2017 6:29am
Quoting Don96
{quote} damn EDIT: expecting a breakout on UCAD and EU any minute
Check the Price 1.16307 in H4 Chart, please
Always looking the GREAT, never left GOOD Point...
  • #1,124,807
  • Jul 25, 2017 6:30am Jul 25, 2017 6:30am
Quoting Don96
{quote} damn EDIT: expecting a breakout on UCAD and EU any minute
yep suppose we will drop again now...

i mean really?

shorted some eggs now at B.E
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  • #1,124,808
  • Jul 25, 2017 6:34am Jul 25, 2017 6:34am
Quoting MaxDoom
Long from Daily Pivot {image}
nice
  • #1,124,809
  • Jul 25, 2017 6:40am Jul 25, 2017 6:40am
Quoting Tsar
{quote} If you're a Medium Trader & Not Always stand in behind the Computer. I advice use H4 Time Frime for Trade. For Triger use M30 for looking Lowest / Highest the Price. But you must to take Carefully before entering the Trade. And minimal Stop Loss is around 50 - 100 Point. The Calculations can use Fibonacci btw I recommend with MM (Murrey Math) & for Looking Trend must at the Daily Chart and pay Attention for the Weekly Chart. About Fibonacci & Murrey Math theory (+ Gann theory) I shared Post #3,595 and Post #3,599 in HERE...
50-100 point? as in 5-10 pip?
  • #1,124,810
  • Edited 6:58am Jul 25, 2017 6:47am | Edited 6:58am
Quoting Don96
{quote} 50-100 point? as in 5-10 pip?
Between 50 Point (Pips) to 100 Point (Pips) required as Stop Loss. No Matter with 5 Digits Broker's.
The Risk is 2% or Better 1% per Trade.

Price 1.16307 as Support in H4 Chart.
The (Old) H4 Chart in HERE

And Posted in #1,124,748 https://www.forexfactory.com/showthr...9#post10118009


NOTE :
My Apologies I use Smartphone Now.
Not Openned the Computer.
Always looking the GREAT, never left GOOD Point...
  • #1,124,811
  • Jul 25, 2017 6:50am Jul 25, 2017 6:50am
Quoting Don96
{quote} yep suppose we will drop again now... i mean really? shorted some eggs now at B.E {image} {image}
and on CAD breakout, it may rise here..
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  • #1,124,812
  • Jul 25, 2017 6:57am Jul 25, 2017 6:57am
Wouldn't be surprised if EURUSD makes it to 1.7000 given that German news. I would be surprised if it makes it much over that before tomorrow's FED.
  • #1,124,813
  • Jul 25, 2017 7:02am Jul 25, 2017 7:02am
Quoting ZenNy
short @51 risk 22 pips
stopped.
trading is simple but is simple is not easy.
  • #1,124,814
  • Jul 25, 2017 7:08am Jul 25, 2017 7:08am
Looks like 1.17xx will get cracked today, good so I can short
COT: The precious data ignored
  • #1,124,815
  • Jul 25, 2017 7:11am Jul 25, 2017 7:11am
Quoting MaxDoom
Long from Daily Pivot {image}
moved the stop up, will see what the marked zone brings
Attached Image (click to enlarge)
Click to Enlarge Name: EU 2017 Jul 25b.PNG Size: 31 KB
  • #1,124,816
  • Jul 25, 2017 7:13am Jul 25, 2017 7:13am
Quoting ZenNy
{quote} stopped.
gu 5m

I have been more fortunate on this: scalping for 7 pips, 5 winning trades +6.8%.......My TE does not want to work today...
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 25 KB
trading is simple but is simple is not easy.
  • #1,124,817
  • Jul 25, 2017 7:14am Jul 25, 2017 7:14am
Quoting PayTheLimit
seems like 1.1615/20 could be some short term support, wouldn't be surprised we take a look at it...
Typo 1.1715 / 20 could be some short term resistance
Always looking the GREAT, never left GOOD Point...
  • #1,124,818
  • Jul 25, 2017 7:14am Jul 25, 2017 7:14am
Quoting kuroro001
Looks like 1.17xx will get cracked today, good so I can short
You think it will get over 1.7000? I'm not sure. If it DOES though, would it scream higher?

I don't see a reason for over 1.7000 given the news flow, but with this pair who knows... haha.
  • #1,124,819
  • Jul 25, 2017 7:17am Jul 25, 2017 7:17am
Haha, EUR should be really stronger than the USD guys:

DOW JONES:
"DJ ECB May Start Reducing Balance Sheet from 2020 -- Market Talk 2017.07.25 15:16:08"

  • #1,124,820
  • Jul 25, 2017 7:18am Jul 25, 2017 7:18am
Is there any specific reason for this sudden spike?
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