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  • #1,130,521
  • Aug 28, 2017 9:29am Aug 28, 2017 9:29am
present PA in smaller tf , bull continues still at top areas though , till some breaks of signals one after the other , 1.1902/1854/1822 .take care , fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,130,522
  • Aug 28, 2017 9:29am Aug 28, 2017 9:29am
Quoting Samer1970
{quote} no he did not but the way to advise others he made is wrong, it caused one of my students to believe ahhh yea he is right.... let's buy fromt he bottom blindly, that traders is buying daily and even each hour.... his writings is meaning this keep buying from the dibs... yes on m1 frame there are 200 dibs in one day in tf 5 there are 100 dibs and so on so where is the logic in his advice

Sounds like you need to teach your students that doing almost anything in life blindly is bad - first thing I teach is that every trade needs to be based on some real piece of info or analysis. Maybe it can even give you a chance to teach fibs or some re-entry method based on a crossover, as I do.

And it's dips not dibs fgs. dibs is daily inside bar. A "dip" is a downward movement.
  • #1,130,523
  • Aug 28, 2017 9:30am Aug 28, 2017 9:30am
Quoting Don96
{quote} 0.5% a day... 22 days trading a month (rough estimate) 22*0.5... 11.5% a month... round it to 12%... 5k in 5 years is 4.4mil componded... not bad... people can't wait 5 years though, that is probably one of the biggest reasons why people fail..
Correct math: 1.005^22 -1= 0.1159 -> yeah 12%
For five years: 1.005^(22*12*5) -1 = 722.10... -> 72200 %

5k would be 3.6 mil
Pension fund Return This Month: 2.2%
  • #1,130,524
  • Aug 28, 2017 9:32am Aug 28, 2017 9:32am
Quoting hilmy83
{quote} i still call it bullshit.. this is a another case of recency bias. people get successful for few trades, start getting out their excel sheets and doing mental masturbation of what might happen to be already is, in their heads.. typical i know cause i've done it...i've busted all kinds of mental nuts on my excel spreadsheets when you start winning for few trades. and i'm one of the guys that have proven it and hav withdrawn. But STILL i call it bullshit

Any type of projection like that is BS, people get a little lucky and think trading is a lot easier than it is. I did the same when I started, some months before losing my first account.
  • #1,130,525
  • Aug 28, 2017 9:32am Aug 28, 2017 9:32am
Quoting 5astelija
{quote} Correct math: 1.005^22 -1= 0.1159 -> yeah 12% For five years: 1.005^(22*12*5) -1 = 722.10... -> 72200 % 5k would be 3.6 mil
i'm gonna withhold my comment about don's calculations out of respect...

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ah fuck it. seriously wtf don? forget entries and strategies..get a god damn calculator
  • #1,130,526
  • Aug 28, 2017 9:33am Aug 28, 2017 9:33am
Quoting Ron25
Anyone has a target for a Short?
Not me before economic data comes out.

I think we may reach 1.20 with a spike today.

If so i take a small short.
  • #1,130,527
  • Aug 28, 2017 9:33am Aug 28, 2017 9:33am
Quoting mathTrader8
{quote} more than 1.19 now
> 1.195

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IG seems like a reputable company, but it is not.
  • #1,130,528
  • Aug 28, 2017 9:33am Aug 28, 2017 9:33am
could soon retest recent top in the 1.1960 area

waiting for an opportunity to go long
  • #1,130,529
  • Aug 28, 2017 9:37am Aug 28, 2017 9:37am
Quoting Taigen
Obviously, I'm an open book. My account 'ibdman' is out in the open for all to see. You can see the good bad and ugly. I don't varnish things. It doesn't matter if you are long or short. In a given time frame most will make money. Why? Currency pairs go up then down. Many of you are intraday traders but have not honed your skills sufficiently. Intraday and scalping requires reading the market and based on the posts, most have not acquired the necessary skill set. I'll be honest, neither have I; that's why I, in most cases, I do not do intraday....
Man you got all the little things mentioned,,, you mix in a few important levels for the day and you would scalp with the best of them ,,,,days open ,,,,,,weekly highs and lows etc , little things that need to be marked on your chart ,,and yes all those little things day in and day out .
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  • #1,130,530
  • Aug 28, 2017 9:41am Aug 28, 2017 9:41am
ucad hit a hard support..took a long. despite everything thats going on
  • #1,130,531
  • Aug 28, 2017 9:43am Aug 28, 2017 9:43am
Wish the EUR would foooookin drop already
  • #1,130,532
  • Aug 28, 2017 9:44am Aug 28, 2017 9:44am
Quoting jusstin911
{quote} For me, 1.195 is a boundary that separates the Bull/Bears for today and maybe till Friday? who knows ... So I am paying attention to it
So you aren't shorting yet? I am but i dunno...
  • #1,130,533
  • Aug 28, 2017 9:44am Aug 28, 2017 9:44am
Trend is gonna make new highs again - time to load MOAR SHORTS
YEAH!?
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Pension fund Return This Month: 2.2%
  • #1,130,534
  • Aug 28, 2017 9:45am Aug 28, 2017 9:45am
Quoting Venomousssss
ucad hit a hard support..took a long. despite everything thats going on
I saw that coming as well!!! But thought it would reach it tomorrow.

It's a lovely dip buy
  • #1,130,535
  • Aug 28, 2017 9:47am Aug 28, 2017 9:47am
Quoting Venomousssss
ucad hit a hard support..took a long. despite everything thats going on
Yes CAD is on its extreme bull for the second time...it could dip lower, but accumulating is a good idea if you have enough cash, and rolls is positive so its fine
COT: The precious data ignored
  • #1,130,536
  • Aug 28, 2017 9:48am Aug 28, 2017 9:48am
Quoting Stillearnin
{quote} So you aren't shorting yet? I am but i dunno...
Not yet bro.. ima wait till these people show their leg at 1.195.. Just my plan tho.. maybe your short is good if you managed it properly.. who knows it could turn from there
  • #1,130,537
  • Aug 28, 2017 9:51am Aug 28, 2017 9:51am
long @ 1.1946
  • #1,130,538
  • Aug 28, 2017 9:52am Aug 28, 2017 9:52am
Quoting hilmy83
{quote} i still call it bullshit.. this is a another case of recency bias. people get successful for few trades, start getting out their excel sheets and doing mental masturbation of what might happen to be already is, in their heads.. typical i know cause i've done it...i've busted all kinds of mental nuts on my excel spreadsheets when you start winning for few trades. and i'm one of the guys that have proven it and hav withdrawn. But STILL i call it bullshit
yes it seems too easy to be true...

but 0.1%... that's 1k until blowout... when you think about it, it't extremely hard to lose right?

0.1% can be done in 1 pip... how hard is 1 pip 5 times a day?
  • #1,130,539
  • Aug 28, 2017 9:56am Aug 28, 2017 9:56am
Quoting hilmy83
{quote} i'm gonna withhold my comment about don's calculations out of respect... .. .. . . . . . .. . . ah fuck it. seriously wtf don? forget entries and strategies..get a god damn calculator
lol

58 months is not 5 years...

58 months 5k = 3.5ish mill..
60 months = 5 years
60 months = 4.4 mil

Quoting 5astelija
{quote} Correct math: 1.005^22 -1= 0.1159 -> yeah 12% For five years: 1.005^(22*12*5) -1 = 722.10... -> 72200 % 5k would be 3.6 mil
5 years... = 4.4 mill
  • #1,130,540
  • Aug 28, 2017 9:59am Aug 28, 2017 9:59am
Quoting jusstin911
{quote} Not yet bro.. ima wait till these people show their leg at 1.195.. Just my plan tho.. maybe your short is good if you managed it properly.. who knows it could turn from there
Hoping this 12 hour candle closes down near 1888, good start for a trip to the weekly pivot, just seeing where this hourly closes at , bit of projection left , holding a few long from open yet but wont be shy bout reversing here or maybe just walking away lol,,had a good Monday hate to blow it now
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