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  • #39,101
  • Aug 31, 2018 9:53am Aug 31, 2018 9:53am
Quoting Jag37
{quote} I really mis-timed this and got out too early. +32 pips instead of +60. Really want to smack myself.

Pls dont feel bad. No one will know what will happen next as market is random, we are merely speculator
Fundamental provide Volume, Technical shows Direction
  • #39,102
  • Aug 31, 2018 9:54am Aug 31, 2018 9:54am
Quoting sponge
{quote} Be careful it might bite your ar#e
Maybe... on a side note these are just fib 61.8% to 78.6% retracement levels on H4.. That's also a reason why some of us have confidence in risking longs

Stay Green
Focus only on what truly matters!
  • #39,103
  • Aug 31, 2018 9:57am Aug 31, 2018 9:57am
Quoting Ikwoche15
{quote} Big drop. was out so couldn't ride it. Initially, I broke even but later threw away some pips trying to catch some fresh breakouts. Used tight SL which didnt favour me. This also happened yesterday. after 40 pips, threw away 27 pips. I will need to come up with an approach to keep my horses {image} {image}
While you were away I made you famous for predicting the Big Drop. I just did not mention your name. I was too lazy to look up your comment. But, mbrown tried to claim the prediction (jokingly). However, youīre the Real McCoy.

Congratulations.

Someone else predicted it some time ago too.
Only real values: Valid rules, discipline and experience.
  • #39,104
  • Aug 31, 2018 9:57am Aug 31, 2018 9:57am
Quoting Jag37
{quote} I really mis-timed this and got out too early. +32 pips instead of +60. Really want to smack myself.
No problem...smack yourself once for missing out on 28pips then pat yourself 10 times for walking away with a cool 32 pips.

Quoting Slt93
{quote} While you were away I made you famous for predicting the Big Drop. I just did not mention your name. I was too lazy to look up your comment. But, mbrown tried to claim the prediction. However, youīre the Real McCoy. Congratulations. Someone else predicted it some time ago too.

LOL...no biggie.

28th August:
Quoting mbrown
{quote} Daily EA Sell limit @ 1.17338 ... SL @ 1.17838 ... PT @ 1.14338 and trailing stop can't remember...
Missed my limit by 0.1 pip! Must mean the price is going to plung without filling me!!!
  • #39,105
  • Aug 31, 2018 10:01am Aug 31, 2018 10:01am
Quoting Slt93
{quote} While you were away I made you famous for predicting the Big Drop. I just did not mention your name. I was too lazy to look up your comment. But, mbrown tried to claim the prediction. However, youīre the Real McCoy. Congratulations. Someone else predicted it some time ago too.
hahaha...I learn from the real MVP Ata....Thank you
  • #39,106
  • Aug 31, 2018 10:03am Aug 31, 2018 10:03am
Quoting mbrown
{quote} No problem...smack yourself once for missing out on 28pips then pat yourself 10 times for walking away with a cool 32 pips.
LOL...done!
It's Friday...I guess I should be grateful and just get some sleep. Have a good weekend everyone.
Money is but a tool.
  • #39,107
  • Aug 31, 2018 10:06am Aug 31, 2018 10:06am
Quoting Ata-Turkoglu
{quote} Maybe... on a side note these are just fib 61.8% to 78.6% retracement levels on H4.. That's also a reason why some of us have confidence in risking longs Stay Green
I could never trade like that. Or maybe, I have no experience of trading like that. Only proven rules. Nothing else.
Only real values: Valid rules, discipline and experience.
  • #39,108
  • Aug 31, 2018 10:06am Aug 31, 2018 10:06am
Quoting mbrown
{quote} No problem...smack yourself once for missing out on 28pips then pat yourself 10 times for walking away with a cool 32 pips. {quote} LOL...no biggie. 28th August: Quoting mbrown {quote} Daily EA Sell limit @ 1.17338 ... SL @ 1.17838 ... PT @ 1.14338 and trailing stop can't remember... Missed my limit by 0.1 pip! Must mean the price is going to plung without filling me!!!
Oh yeah? Well I predict that Trump and Putin will be caught french kissing on camera. So there!!
A snails pace wins the race :-)
  • #39,109
  • Aug 31, 2018 10:08am Aug 31, 2018 10:08am
Quoting JustPipMe
{quote} Oh yeah? Well I predict that Trump and Putin will be caught french kissing on camera. So there!!
Thatīs old news. That photo was all over the net some time ago.
Only real values: Valid rules, discipline and experience.
  • #39,110
  • Aug 31, 2018 10:10am Aug 31, 2018 10:10am
Quoting JustPipMe
{quote} Oh yeah? Well I predict that Trump and Putin will be caught french kissing on camera. So there!!
Old news...that's already happened. lol

Anyway, it wasn't so much a prediction as a fib, Elliot Wave and Market Profile automated trading setup on the 28th. It's no biggie...I do it all the time.

Have a good weekend all...Martini time!


Quoting Slt93
{quote} Thatīs old news. That photo was all over the net some time ago.
Great minds....!
  • #39,111
  • Aug 31, 2018 10:12am Aug 31, 2018 10:12am
Eu h4
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2018-08-31 20.12.17_1.jpg Size: 130 KB
yes yes yes
  • #39,112
  • Aug 31, 2018 10:13am Aug 31, 2018 10:13am
Quoting Ata-Turkoglu
{quote} No no.. he has a point actually.. we are definitely near to buy territory.. time will show.. Stay Green
Buy order at 1.15450, looking at EW count, waiting at price to dip a lil more before completing current wave, if it does rally, am looking at 1.16210 area as possible resistance as the 50 ema is also around that region. on 4hr and daily chart. I have been using my EW count and your break out techniques to scalp as i havent been wanting to hold on positions for too long given the volatility......Thanks Ata,
4&1 All Time Profit: $37,496
  • #39,113
  • Aug 31, 2018 10:16am Aug 31, 2018 10:16am
Maybe no monthly close below 1.16.
  • #39,114
  • Aug 31, 2018 10:16am Aug 31, 2018 10:16am
Quoting Ata-Turkoglu
New (partial) buy order 2/3 of total lot size at: 1.1586 touch! SL: 25 pips TP: Open The rest, 1/3 part of partial buy order will be opened at 1.15715 if it gets there. Stay Green
Moving SL to BE: 1.1586 (zero risk for this partial trade)

Stay Green
Focus only on what truly matters!
  • #39,115
  • Aug 31, 2018 10:19am Aug 31, 2018 10:19am
Well done Ata for the scalp trade at 1586, that took balls.
  • #39,116
  • Aug 31, 2018 10:21am Aug 31, 2018 10:21am
Done for today have a nice weekend guys and good luck next week
Nour
  • #39,117
  • Edited 12:29pm Aug 31, 2018 10:27am | Edited 12:29pm
The art of trading, the Real Trading Skill lies NOT just in predicting the probable direction of the market but in
1. Timing of entry.
2. Setting safe initial SL
3. Managing trades properly while they're on
4. Knowing when to exit.

I hope to master these.
With ATA's help, No 1. is looking better by day. No2, 3,&4 still a long way to go
  • #39,118
  • Aug 31, 2018 10:29am Aug 31, 2018 10:29am
Quoting Ata-Turkoglu
{quote} Moving SL to BE: 1.1586 (zero risk for this partial trade) Stay Green
did you have a target for this partial? I am just watching with popcorn and 3D glasses, lol
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #39,119
  • Edited 10:42am Aug 31, 2018 10:32am | Edited 10:42am
Quoting Donwealt
The art of trading, the Real Trading Skill lies NOT in predicting the probable direction of the market but in 1. Timing of entry. 2. Setting safe initial SL 3. Managing trades properly while they're on 4. Knowing when to exit. I hope to master these.
If you were to get the direction wrong all those other skills wonīt stop you from losing your money.

The trendīs your friend. You have to know the trend first and foremost. Yes, then trading properly is extremely important. But, you get the trend wrong, and you will not succeed in this.

There is a reason why The Trendīs Your Friend is the best known market saying.

You do not have to predict the trend. Just use, for example, the MACD and the 10 crossing 50 EMA system as a start to develop a rule for knowing the trend.

You follow the trend. You donīt predict it.

Look at Motyīs MACD mimicking the H4 on this page. You can get rich just from that one simple rule and chart - if you really only have that at hand.

My two pennies .....
Only real values: Valid rules, discipline and experience.
  • #39,120
  • Aug 31, 2018 10:39am Aug 31, 2018 10:39am
Quoting Donwealt
the probable direction of the market
If significant support holds, the probable (not guaranteed) direction of price is up...if significant resistence holds the probable (not guaranteed direction of price is down). Ata called 1586 well in advance of the price getting there, if that analytical method was flawed he'd be stopped out over and over again suffereing a death of 1000 cuts. Direction and what to do when it gets there lies at the very heart of trading. Without it, we wouldn't have a FF.


Quoting Slt93
{quote} If you were to get the direction wrong all those other skills wonīt stop you from losing your money. The trendīs your friend. You have to know the trend first and foremost. Yes, then trading properly is extremely important. But, you get the trend wrong, and you will not succeed in this. There is a reason why The Trendīs Your Friend is the best know market saying. You do not have to predict the trend. Just use, for example, the MACD and the 10 crossing 50 EMA system as a start to develop a rule for knowing the trend. You follow the trend. You donīt predict it. My two pennies .....
You again? Great minds....


(I'm reading posts then typing my reply and by the time I've finished and clicked save changes, this dude has alreay posted my response...lol)
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