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  • #3,961
  • Nov 7, 2017 2:36pm Nov 7, 2017 2:36pm
Another view
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  • #3,962
  • Nov 7, 2017 2:45pm Nov 7, 2017 2:45pm
We don't need more trolls or gamblers here.. and definitely not one who mostly trades oil.. so we move on with trading EURUSD..

Stay Green
Focus only on what truly matters!
  • #3,963
  • Nov 7, 2017 2:51pm Nov 7, 2017 2:51pm
Quoting JoeNY
I am a gambler. Everything in life is about the odds... And none of you kid yourself. The markets are glorified gambling. {quote}
The markets are like a casino where the player is the house. In the markets the odds are in your favour, because the herd wins most of the time. The reason most loose is because they don't know when to stand away from the pack.
When you see it, BET big.
  • #3,964
  • Nov 7, 2017 2:56pm Nov 7, 2017 2:56pm
nup,, its not a gambling.. disagree...
  • #3,965
  • Nov 7, 2017 3:08pm Nov 7, 2017 3:08pm
Quoting Naqvi
nup,, its not a gambling.. disagree...
Same here that's why I say the odds are in your favor. In gambling the odds are always for the house.
When you see it, BET big.
  • #3,966
  • Nov 7, 2017 3:09pm Nov 7, 2017 3:09pm
buyers are still active.. i think we move back to 1612 again..
  • #3,967
  • Nov 7, 2017 3:12pm Nov 7, 2017 3:12pm
pending short at 1612...
  • #3,968
  • Nov 7, 2017 3:23pm Nov 7, 2017 3:23pm
Market will go down United States cruide oil api news coming after 5 mints Currently forecast-2700m today I think market will go 152
  • #3,969
  • Nov 7, 2017 3:27pm Nov 7, 2017 3:27pm
Its a simple math..we have many tools in Forex that can be used in order to help make a more educated decision,, its up to you,, do it by an educated way or simply risk all you hard earned money like a gamblers do.. risk 100 $ for 100$ is gambling. but risk 10% , 10$ for 100$ is trading... i think this example can better explain or differentiate Forex from gambling.
  • #3,970
  • Nov 7, 2017 3:41pm Nov 7, 2017 3:41pm
Quoting JoeNY
I am a gambler. Everything in life is about the odds... And none of you kid yourself. The markets are glorified gambling. {quote}
My father was a gamblin' man!
Down in New Orleans...
Inserted Video


And SL hunting is not a gambling at all...
I am who I am
  • #3,971
  • Nov 7, 2017 3:51pm Nov 7, 2017 3:51pm
M30 Quick Outlook

We are facing crossroads here:

  1. 1.1580 level could become support and price might pierce through 1.1592 which could create a breakout of channel center line.
  2. Price could drop back below 1.1580 for bearish continuation.

Not much left to watch a couple more M30 candles to get squeezed into the tightening descending wedge. Get ready for a drop or pop.

Stay Green

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Focus only on what truly matters!
  • #3,972
  • Nov 7, 2017 3:58pm Nov 7, 2017 3:58pm
i do not think any discussions about if forex trading is gambling or not will have a desired outcome. simply because there are too many opposing views about what forex trading is. for me personally, this has to do more with the predictability of the market or it's randomness since everything related to chance, risk and unpredictability is basically gambling.
if you consider market random, you are more keen to think that trading is gambling. if you think you can predict the price and control the risks involved, you are keen to think that trading is more like a business rather than something has to do with pure chance.
As Above, So Below
  • #3,973
  • Nov 7, 2017 4:05pm Nov 7, 2017 4:05pm
Daily Outlook and Sweetspots for Wednesday

Let's see first if price can stay above 1.1580 and then bulls can hope that it reaches further to retest 1.1619 and higher.. 3 bearish candles in a row until Tuesday. And for today a 4th bearish candle is possible but thinking of odds.. well.. I personally might switch temporarily to bullish for a while cause bears lost some steam for sure..

Stay Green
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Focus only on what truly matters!
  • #3,974
  • Nov 7, 2017 4:32pm Nov 7, 2017 4:32pm
For me and my trading strategy, the current market conditions are very clear.

Neither bulls or bears are in control and price is very much in limbo, not near any significant support or resistance points.

Each to their own but, for me, placing a trade right now would be as good as throwing darts in the dark.

I’ll sit on the the sidelines until an opportunity comes to me.
  • #3,975
  • Nov 7, 2017 4:39pm Nov 7, 2017 4:39pm
Quoting Luzbay
For me and my trading strategy, the current market conditions are very clear. Neither bulls or bears are in control and price is very much in limbo, not near any significant support or resistance points. Each to their own but, for me, placing a trade right now would be as good as throwing darts in the dark. I’ll sit on the the sidelines until an opportunity comes to me.
In my opinion bears were wrestling with bulls for a while but they don't know that bulls started to slowly push their feet into the edge of a cliff: roughly 1.1605/1.1595.. Once (or let's better say if) the legs of bears slip they will open doors and free all the room for bulls and quite quick..

The worst side when a person is blindfolded is that his knee always finds the painful edges around the room.. lol.. so yes it is best to stay away if you feel confused or have no clue.. at least until we know which side of the market has the upper hand.. good luck..

Stay Green
Focus only on what truly matters!
  • #3,976
  • Nov 7, 2017 5:59pm Nov 7, 2017 5:59pm
The markets are not random, however they are very close to. I suggest flipping a coin for direction.
When you see it, BET big.
  • #3,977
  • Nov 7, 2017 6:22pm Nov 7, 2017 6:22pm
Quoting Rennaissance
The markets are not random, however they are very close to. I suggest flipping a coin for direction.
yeaap...flip a coin and take the opposite trade
Lets make some green pips
  • #3,978
  • Nov 7, 2017 6:33pm Nov 7, 2017 6:33pm
its bearish end of the week there be a bearish weekly
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #3,979
  • Nov 7, 2017 6:34pm Nov 7, 2017 6:34pm
then is the best time to talk about it and why JoeNY lost again
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #3,980
  • Edited 6:59pm Nov 7, 2017 6:48pm | Edited 6:59pm
its trending top left to bottom right
that won't change the whole point in pullbacks is no one not educated knows what happening

it has a bearish
daily
weekly
and monthly
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