Disliked{quote} Atleast you are still green thats the most importent even with 1 dollar gain you dont have a loosing day...Ignored
You hesitate, you masturbate.
- #61
- Sep 13, 2018 9:25am Sep 13, 2018 9:25am
- Joined Aug 2018 | Status: Full-Time Gambler | 2,549 Posts
You hesitate, you masturbate.
- #65
- Oct 16, 2018 12:44pm Oct 16, 2018 12:44pm
- Joined Aug 2018 | Status: Full-Time Gambler | 2,549 Posts
Sorry fellas, I completely forgot about the existence of this thread until Magne bumped it.
Support and resistance that's all budd. My entries are always based around support/resistance levels. I use momentum indicators as reference but that's about it 
The Trade Explorer seems to jinx me lol every time I put it up my trades go to sh** 
I just try to pick top/bottoms that's all budd. For EURUSD the general pattern is quite standard on a day to day basis:
1. Asian session is for scalping, maybe 10 pips here and there.
2. Frankfurt might try to surprise you with a fakeout every now and then.
3. London is when the trend for the day actually starts. So maybe an hour or two before I'd be looking to position myself as best as I can then just trail till New York, though admittedly my trailing and exits need a lot of work because I often get stopped out with half the pips I should have gotten. Entries are good, exits are terrible so if anyone can advise me on this I'd be appreciative.
4. New York session is when the reversal comes. Generally I'd look for 8 to 15 pips higher/lower than the previous day's high/low. So for example, Monday's high was around 1.1606, and the reversal for today came at 1.1621.. Not sure if I expressed myself coherently enough to be understood so I apologise in advance if I'm not. Explaining/verbalising my thought processes was never my strongest suit.
lol I hope I don't jinx it by putting the explorer up. might just take it down before I start the day or if my first trade goes bad tomorrow and put it up again over the weekend LOL hope you're well budd
Hi, I had read your first post and you mentioned about "the moment I get a confirmation on H1 and M15, I scale down to M5 and M1 to 'snipe' my entries". Do you mind to to elaborate more on how you notice the confirmation on H1 and M15? Is it more toward to candlestick pattern e.g.; marubozu?
Hey there, I just started forex trading 2 weeks ago and am trying to gain as much experience as i can from far more knowledgable people. If you dont mind me asking, may i know what your main criterias are for entering a trade? Thanks! Edit : I saw that you've tradeexplorer set up in the earlier replies, how do i access it and take a look at your trades?
I just try to pick top/bottoms that's all budd. For EURUSD the general pattern is quite standard on a day to day basis:
1. Asian session is for scalping, maybe 10 pips here and there.
2. Frankfurt might try to surprise you with a fakeout every now and then.
3. London is when the trend for the day actually starts. So maybe an hour or two before I'd be looking to position myself as best as I can then just trail till New York, though admittedly my trailing and exits need a lot of work because I often get stopped out with half the pips I should have gotten. Entries are good, exits are terrible so if anyone can advise me on this I'd be appreciative.
4. New York session is when the reversal comes. Generally I'd look for 8 to 15 pips higher/lower than the previous day's high/low. So for example, Monday's high was around 1.1606, and the reversal for today came at 1.1621.. Not sure if I expressed myself coherently enough to be understood so I apologise in advance if I'm not. Explaining/verbalising my thought processes was never my strongest suit.
Very nicely done 1400%+ thats amazing and not many days either that means if you started with 250 dollars you will be at around 3500 dollars now ore around 3250 in profit/withdraels...NICE... {image}
You hesitate, you masturbate.
- #66
- Oct 16, 2018 12:54pm Oct 16, 2018 12:54pm
Trade fearless not careless...
Syed Mohsin Ali Profit This Month:
-299
- #67
- Oct 16, 2018 12:58pm Oct 16, 2018 12:58pm
- Joined Aug 2018 | Status: Full-Time Gambler | 2,549 Posts
Real test is on loooooosing streak. .... be carefull..... Good luck .... Nice trading. ...
You hesitate, you masturbate.
- #68
- Oct 16, 2018 1:26pm Oct 16, 2018 1:26pm
- Joined Oct 2011 | Status: quo | 4,193 Posts
{quote} yeah, only been 8 trading days for the month for me, well aware that this could just be a lucky streak. still plenty of chance for things to go south so i keep my fingers crossed and hope if/when i do get a losing streak, it's not a too costly one. all the best to you too! more green pips to you
As Above, So Below
- #69
- Oct 16, 2018 1:42pm Oct 16, 2018 1:42pm
- Joined Aug 2018 | Status: Full-Time Gambler | 2,549 Posts
You hesitate, you masturbate.
- #71
- Oct 16, 2018 5:52pm Oct 16, 2018 5:52pm
- Joined Oct 2011 | Status: quo | 4,193 Posts
As Above, So Below
- #73
- Oct 16, 2018 10:41pm Oct 16, 2018 10:41pm
- Joined Aug 2018 | Status: Full-Time Gambler | 2,549 Posts
You hesitate, you masturbate.
- #75
- Oct 16, 2018 11:25pm Oct 16, 2018 11:25pm
- | Commercial User | Joined Aug 2014 | 3,922 Posts
there is always, always another trade!!
- #77
- Oct 18, 2018 9:49am Oct 18, 2018 9:49am
- Joined Aug 2018 | Status: Full-Time Gambler | 2,549 Posts
Hi engweijie, Does IC Market allow you to withdraw 1K profit daily, even if you have just started $250? I was planning to do the same thing which you are doing, but not able to find a broker with big leverage (500), I live in US and only leverage we get is 50 with only two brokers serve US clients. Thanks
Anyway, jinxed myself last night lol. Brought the TE up to 1955.6%, then lost a solid quarter. Recovered 80% of the losses, but this weekend I’ll withdraw some and start again. This particular account I decided to experiment - I didn’t do my daily withdrawals and instead compounded my lot sizes up (each trade was around a quarter to a third of my margin so yes, some would say over-leveraged). Have a trade running at BE +5 (Long EURUSD from 1.14825) which should be my last trade of the week, am taking another short weekend vacation, clear my head and start the new week.
I think what I’m gonna do from now is put my TE up for those interested to see over the weekends, then Monday morning when the market opens I’ll take it down, trade my trades, then put the TE up again the next weekend. I realised I’m not gifted with handling pressure and stress, and I crack under some self-imposed pressure and jinx myself every time I post a call or have the TE up. That’s something I need to work on and need help with - I can handle trading 1 to 2 lots easily, but as soon as I try to scale up, even 5 lots, 6 lots I started to become a nervous wreck and can’t seem to run my thought processes as well. If anyone has tips on this or just general advice on trading psyche that you would be kind enough to share, I’d be very grateful.
Hope everyone’s having a good day.
Edit: See what I mean by jinxing lolol price was at 1.1497 or so, was waiting to close at around 3 more pips, then as soon as I posted this I got stopped out
I guess every lucky streak has to come to an end, I was just lucky enough to have 9 solid days in a row. Back to the drawing board now.
Also need a better exit strategy. I think I have entries nailed down decently, I just need to figure out exits and trails and keeping my psyche on point.
You hesitate, you masturbate.
- #78
- Oct 18, 2018 10:24am Oct 18, 2018 10:24am
- Joined Oct 2011 | Status: quo | 4,193 Posts
no matter what, it is was an epic run, dude!
keep it up!
keep it up!
As Above, So Below
- #79
- Oct 18, 2018 10:37am Oct 18, 2018 10:37am
- Joined Aug 2018 | Status: Full-Time Gambler | 2,549 Posts
no matter what, it is was an epic run, dude!
You hesitate, you masturbate.