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EURUSD only

  • #31,041
  • Jul 30, 2018 10:47am Jul 30, 2018 10:47am
it's still in range ..... do not trade with hope ...
  • #31,042
  • Jul 30, 2018 10:48am Jul 30, 2018 10:48am
Quoting pkimnyc
{quote} Yep, and "hope" is a very dangerous thing in this business. No one can give you a prediction, since everyone sees different things and truth is nobody knows. All I know is there was not much buying activity at the low today, which tells me the sharks were not interested. Hence, the lower price to come, may be... If not then I will miss this one out. not worth a hassle over the weekend. btw, what trend? we are still inside a ranging market. hope this helps. /r
Thanks for the reply, Hope is never a strategy. I was buying and selling riding the waves and making money. Then everything started to go down and stayed that way. But with today’s rise, I am good again.

I've been looking for an indicator to add to my charts to see trading volume. Can you recommend one?

Thanks again
  • #31,043
  • Jul 30, 2018 10:57am Jul 30, 2018 10:57am
Attached Image (click to enlarge)
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I'm away from the office so i have to use teamviewer to be able to identify entry and exit for this All in buy order. I am buying aiming for 20% profit. I will be risking 50% of my account. Let us see how it pans out.
Read my shouts to get myfxbook link
  • #31,044
  • Jul 30, 2018 10:59am Jul 30, 2018 10:59am
Pending sell @ 1.1717 got hit. both trailing.

1 more hr for this 4hr to close.

lets see
  • #31,045
  • Jul 30, 2018 11:00am Jul 30, 2018 11:00am
Quoting NovaFX
{quote} Why post just to shit on someone else? If you don't agree with his style of trading, then don't partake. Simple.
If i don't point out what he is doing incorrectly then the will be slaughtered along with him. This has nothing to do with higher tf being as Ata uses the same and displays excellent money management because he clearly has a plan due to the fact as he knows where his sl is. Monty doesn't have a plan and instead just an extreme bias. My intent is to keep those with limited knowledge safe from harm.

Quoting Wavegarrick
{quote} IggyMon, To be quite honest with you. You are quite annoying. If you look at the higher timeframes, we are basing off the 1.1500 area on the weekly time frame and long trades are what most short to medium term traders would be looking at. Nothing cast in stone but I do take my hat off to Moty for sharing his real trades here. From what I gather is that he uses a short term strategy, not a scalping strat. If he gets his trades right with a few pips profit, so what? He got it right. Anyway I hope you stop trolling this poor guy who is trying...
great to know you also find it normal to wager all of your account to gain only 3 pips. It doesnt matter if it is short medium or long. Simply risking how he risk with no stop loss in mind is the issue. Thank you anyway for your useless comment it has been noted.
Read my shouts to get myfxbook link
  • #31,046
  • Jul 30, 2018 11:04am Jul 30, 2018 11:04am
Some divergence creeping in smaller frames

Think it remains bullish above 1.1713
All charts/ideas based on UK time zone
  • #31,047
  • Jul 30, 2018 11:10am Jul 30, 2018 11:10am
Quoting mjbecker
{quote} Thanks for the reply, Hope is never a strategy. I was buying and selling riding the waves and making money. Then everything started to go down and stayed that way. But with today’s rise, I am good again. I've been looking for an indicator to add to my charts to see trading volume. Can you recommend one? Thanks again
Glad to know you've made it out ok.

I'm not a volume expert, so I don't know if I can help you with this subject.
You may want to ask Hidden Gap when he pops in. He has been doing this for a long time and he might be able to help you better than I could.

As far as I understand MT4 based volume will only show you the broker volume, so it's probably not a good idea to search for an indicator for this.
/r
  • #31,048
  • Jul 30, 2018 11:11am Jul 30, 2018 11:11am
Quoting IggyMon
{quote} If i don't point out what he is doing incorrectly then the will be slaughtered along with him. This has nothing to do with higher tf being as Ata uses the same and displays excellent money management because he clearly has a plan due to the fact as he knows where his sl is. Monty doesn't have a plan and instead just an extreme bias. My intent is to keep those with limited knowledge safe from harm. {quote} great to know you also find it normal to wager all of your account to gain only 3 pips. It doesnt matter if it is short medium...
You are not protecting the sheep. You just posted that you are risking 50% of your account on a single trade. You are the sheep.....
  • #31,049
  • Jul 30, 2018 11:15am Jul 30, 2018 11:15am
Iggymon,

Quote
great to know you also find it normal to wager all of your account to gain only 3 pips. It doesnt matter if it is short medium or long. Simply risking how he risk with no stop loss in mind is the issue. Thank you anyway for your useless comment it has been noted.

It is sad to note how disrespectful you are towards Traders here. I can tell you one thing, that arrogance and forex do not go hand in hand. Good traders stay humble. Anyway, as you put it, my useless comments will probably not serve well in your mind. Good luck in your trading endeavours.

Cheers
Trade to trade another day
  • #31,050
  • Jul 30, 2018 11:23am Jul 30, 2018 11:23am
[quote=IggyMon;11313648]{image} I'm away from the office so i have to use teamviewer to be able to identify entry and exit for this All in buy order. I am buying aiming for 20% profit. I will be risking 50% of my account. Let us see how it pans out.[/quot

just my 2 cents

people who live in glass houses should not throw stones

risking 50% of your account is poor money management.


trade safe
  • #31,051
  • Jul 30, 2018 11:59am Jul 30, 2018 11:59am
will be a stop loss hunt to 1733 then down
  • #31,052
  • Edited 2:58pm Jul 30, 2018 12:01pm | Edited 2:58pm
long @ 1.1716

sl 40 pips
tp 1.1760 area
  • #31,053
  • Jul 30, 2018 12:21pm Jul 30, 2018 12:21pm
closed @ 1.1711 - 5 pips

entered short @ 1.1711

sl 40 pips
  • #31,054
  • Jul 30, 2018 12:23pm Jul 30, 2018 12:23pm
Quoting MXT
closed @ 1.1711 - 5 pips entered short @ 1.1711 sl 40 pips
Any particular reason for changing sides?
  • #31,055
  • Jul 30, 2018 12:27pm Jul 30, 2018 12:27pm
down to 1695 then up to 1730 based on waves
  • #31,056
  • Jul 30, 2018 12:34pm Jul 30, 2018 12:34pm
Quoting Mitiblotch
{quote} Any particular reason for changing sides?
it has tried to break higher , but the bull power is fading

i'm just looking for a 30 / 40 pip retrace
  • #31,057
  • Jul 30, 2018 12:38pm Jul 30, 2018 12:38pm
a bit higher - 1730-33
  • #31,058
  • Jul 30, 2018 12:44pm Jul 30, 2018 12:44pm
Quoting EUROtech
down to 1695 then up to 1730 based on waves
Your level corresponds nicely with the 4h trendline. Looking for this level around London open-ish.
Attached Image (click to enlarge)
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  • #31,059
  • Jul 30, 2018 12:47pm Jul 30, 2018 12:47pm
Quoting Pipfu
{quote} Your level corresponds nicely with the 4h trendline. Looking for this level around London open-ish. {image}
My analysis is great but money management sucks =))) If somebody is short in the next couple of hours put SL at 38-40
  • #31,060
  • Jul 30, 2018 12:52pm Jul 30, 2018 12:52pm
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