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MoneyFocus' thread of forex and fun

  • #361
  • Dec 13, 2017 7:59pm Dec 13, 2017 7:59pm
Quoting MoneyFocus
USD/CAD...a sell on the cards. Current price: 1.2875.
Green pips done.
  • #362
  • Dec 13, 2017 7:59pm Dec 13, 2017 7:59pm
Quoting MoneyFocus
Cable has a buy set-up.
Green pips done
  • #363
  • Dec 13, 2017 8:25pm Dec 13, 2017 8:25pm
GU and UCad have been nice to me. Thank you!
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  • #364
  • Dec 13, 2017 8:30pm Dec 13, 2017 8:30pm
Quoting MoneyFocus
GU and UCad have been nice to me. Thank you! {image}
Pretty proud and happy about myself, the UCad short was TP-ed just 4 pips away from the low of the day.
  • #365
  • Dec 13, 2017 8:49pm Dec 13, 2017 8:49pm
Quoting MoneyFocus
GU and UCad have been nice to me. Thank you! {image}
Teach me your ways masta.
  • #366
  • Dec 13, 2017 8:56pm Dec 13, 2017 8:56pm
nice and good trades.
  • #367
  • Dec 13, 2017 9:22pm Dec 13, 2017 9:22pm
Quoting RondaRousey
MF v Bz, look at tradexplorer for comparison both have roughly same returns https://www.forexfactory.com/bithedz#acct.83 Who is better? vote pls
Hi Babydoll, always lovely to see you around.
  • #368
  • Dec 13, 2017 9:24pm Dec 13, 2017 9:24pm
Quoting RondaRousey
MF v Bz, look at tradexplorer for comparison both have roughly same returns https://www.forexfactory.com/bithedz#acct.83 Who is better? vote pls
By TE alone, Bz is better. He deposited 10k and already has withdraw 100k out. Kudos to that man.
  • #369
  • Dec 13, 2017 9:29pm Dec 13, 2017 9:29pm
Quoting qslee95
{quote} Teach me your ways masta.
An open mind, willingness to share/discuss with fellow members and finally, balls of steel with conviction.
  • #370
  • Dec 14, 2017 5:47am Dec 14, 2017 5:47am
Quoting MoneyFocus
{quote} An open mind, willingness to share/discuss with fellow members and finally, balls of steel with conviction.
I have a problem right now, I feel lost about market direction. Have no trading ideas. I get too bothered by other people's analysis rather than my own. What should I do?
  • #371
  • Dec 14, 2017 7:19am Dec 14, 2017 7:19am
Quoting MoneyFocus
{quote} Pretty proud and happy about myself, the UCad short was TP-ed just 4 pips away from the low of the day.
Great. I'm looking for other pairs to trade. What is the average day range like of the Ucad?
Never Ever Give Up
  • #372
  • Dec 14, 2017 7:23am Dec 14, 2017 7:23am
Do your own analysis first. Learn to better analyse the markets then see what others are saying. But rely less on other traders' analyses of the markets.

Trade safe and prosper.

KP

Quoting qslee95
{quote} I have a problem right now, I feel lost about market direction. Have no trading ideas. I get too bothered by other people's analysis rather than my own. What should I do?
Do your homework, follow the footprints of smart money
  • #373
  • Dec 14, 2017 7:55am Dec 14, 2017 7:55am
Pak I'm in the wrong trade. Gold is already down about 30 pips while my GU short is only down 15 pips.
  • #374
  • Dec 14, 2017 8:17am Dec 14, 2017 8:17am
Current positions: short audusd, long gbpjpy, xauusd and eurusd. Dyodd. Hope to post winning screencaps soon. GLTA.
  • #375
  • Dec 14, 2017 8:43am Dec 14, 2017 8:43am
Quoting KeenPips
Do your own analysis first. Learn to better analyse the markets then see what others are saying. But rely less on other traders' analyses of the markets. Trade safe and prosper. KP {quote}
Thanks. Cleared my thoughts and biases, back in the game.
  • #376
  • Dec 14, 2017 9:19am Dec 14, 2017 9:19am
Quoting qslee95
{quote} I have a problem right now, I feel lost about market direction. Have no trading ideas. I get too bothered by other people's analysis rather than my own. What should I do?
turn off f.f. and all other sources of info. i had the same problem when i was learning. so many strategy's, and opinions. find a strategy that works with your personality and has safety's in place for your weaknesses or impulses, and stick to the plan. everyone wants to win big. you have to forge your own and use the threads to fine tune your strategy. i am probably a good example. i have no formal education, or experience. i find myself trading against the status quo most of the time. trading is a craft that develops with time. for myself I found that If i followed the pack I would be on the wrong side of things 100% of the time. So i took a step back and really thought about things. for me i had to decide of price was truly controlled by buyers and sellers, ( if so then patters should never repeat , humans are the most inconsistent when money is involved) so why do patterns repeat themselves perfectly. the only reasonable explanation i could come up with is that the markets are just repeating patterns in a rediculas long form.
  • #377
  • Edited 6:57am Dec 15, 2017 6:39am | Edited 6:57am
https://www.youtube.com/watch?v=iQop_qs4xV4

Got fried on GJ long, but overall profit. Took a last minute cable short that rewarded well.

How long will you love trading FX?
  • #378
  • Dec 15, 2017 9:11am Dec 15, 2017 9:11am
Taking a long on Eur/Usd at 1.17787...let's see..
  • #379
  • Dec 15, 2017 9:16am Dec 15, 2017 9:16am
Quoting MoneyFocus
Taking a long on Eur/Usd at 1.17787...let's see..
Cancel. Exit at 1 green pip.
  • #380
  • Dec 15, 2017 9:22am Dec 15, 2017 9:22am
Quoting sumar
{quote} Great. I'm looking for other pairs to trade. What is the average day range like of the Ucad?
I personally find that UCad seems to have a pretty good range (100pips) and when it moves, it does move fast. Not very good at it yet, will explore it. Please tell me what you know about UCad!
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