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  • #51,941
  • Oct 11, 2018 10:55am Oct 11, 2018 10:55am
Quoting Montrealer
Crash market continues. We will see EU under 1.13 soon.

chart?
buy the rumor,sell the news
  • #51,942
  • Oct 11, 2018 10:57am Oct 11, 2018 10:57am
Quoting coolmakina
{quote} Hi Donwealt, you already received some quote... here is mine. i would say it roughly, resumed.. hope you catch it. my trading became much more healthy when i stop to look for money or pips... pick the bottom, pick the top, find reversals, etc... i stop doing that long time ago. i target myself to make my account rise 1% per day. i target myself to not lose more than 1% of my account. That can be achieved with 5 pips run, 10, 15, 50, 80 pips runs... up or down! when the good setup comes along, is a math thing. i don't care to catch all pips...
Thanks bro.
Trade by trade calculation of lotsize is confusing to me and leads to several mistakes. I tend to use specified lotsize in my onetimeclick until my acount reaches a planned level to raise the lotsize again.
  • #51,943
  • Oct 11, 2018 10:57am Oct 11, 2018 10:57am
Quoting wasntme
{quote} chart?
No chart needed to see a crash market.
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #51,944
  • Oct 11, 2018 10:57am Oct 11, 2018 10:57am
Quoting coolmakina
{quote} Hi Donwealt, you already received some quote... here is mine. i would say it roughly, resumed.. hope you catch it. my trading became much more healthy when i stop to look for money or pips... pick the bottom, pick the top, find reversals, etc... i stop doing that long time ago. i target myself to make my account rise 1% per day. i target myself to not lose more than 1% of my account. That can be achieved with 5 pips run, 10, 15, 50, 80 pips runs... up or down! when the good setup comes along, is a math thing. i don't care to catch all pips...
More simple more cleare forget about it EXELLENT TIP
  • #51,945
  • Oct 11, 2018 11:00am Oct 11, 2018 11:00am
Quoting Donwealt
{quote} Thanks bro. But I don't just trade S/R levels based on level. I wait for H1 close to be sure that a new direction has been established/breakout has occurred. The place to put the SL is beyond the swing high/low or nearby S/R levels. Many a times by the time the H1 that establishes the setup closes, price has already moved more than 20 to 30 pips. Entering that trade and placing SL within the swing high/low looks pretty unsafe for me. I used to ignore such trades but now I'm considering taking such trades because most times they seemlessly...
My bad for assuming - I didn't and don't know your system and analysis criteria. But from what you described, if I didn't interpret wrongly, these are longer-term trades? Then they should most definitely net you more than just 30 pips.. So why not, instead, consider closing half the position for profit when it hits the 30 pip TP, then move the rest of your position's SL to BE and just let it run until a reversal signal pops out?
You hesitate, you masturbate.
  • #51,946
  • Oct 11, 2018 11:01am Oct 11, 2018 11:01am
My crystal ball says - oh, it's treasury report coming soon, don't move your finger! lol
Attached Image (click to enlarge)
Click to Enlarge Name: treasury.PNG Size: 40 KB

Happy trading everyone
  • #51,947
  • Oct 11, 2018 11:04am Oct 11, 2018 11:04am
Quoting Donwealt
{quote} Thanks bro. Trade by trade calculation of lotsize is confusing to me and leads to several mistakes. I tend to use specified lotsize in my onetimeclick until my acount reaches a planned level to raise the lotsize again.
Every weekend before the market opens, I look at my account balance then calculate individual lot sizes for 5 pip scalps, reversal entries, top/bottom enteries and so on so forth then have it written on a sheet of paper beside me. That way, you don't have to waste time calculating lot sizes with each individual trade for nothing.. Just look at the chart, identify what sort of trade you're taking, take a quick glance at your piece of paper and go in. Takes a lot of extra mental work off your brain, less stress, less frustrations Little cheap tricks outside the box to help with productivity
You hesitate, you masturbate.
  • #51,948
  • Oct 11, 2018 11:15am Oct 11, 2018 11:15am
the price is struggling at daily r2 area
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd h1.png Size: 37 KB
yes yes yes
  • #51,949
  • Oct 11, 2018 11:17am Oct 11, 2018 11:17am
Usdx tested next support and spiked and again trying to retest. Some bounce likely and so eu doing its top play and may no break 1600 this time , looking for correction to comeback next here again. Take care.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #51,950
  • Oct 11, 2018 11:18am Oct 11, 2018 11:18am
Quoting mbrown
{quote} The moment of truth! {image}
I am trying to get the pitch fork indi to work.
Just figured it out, zz_TimeFrame = 240
Just love this tool.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 27 KB
One can live in the shadow of an idea without grasping it.
  • #51,951
  • Oct 11, 2018 11:20am Oct 11, 2018 11:20am
Quoting Moty
the price is struggling at daily r2 area {image}
What time of day is it ? of course its going to slow down ,,,,best part of this day is over ,, not really nothing atm other than a few gyrations which will keep getting smaller and smaller on the shit left behind for the day wont know a lot till when Monty ? Would say the high is going to get equaled tho
  • #51,952
  • Oct 11, 2018 11:28am Oct 11, 2018 11:28am
Quoting mbrown
I'm hoping it tests that high again so I can potentially get another short in.
Looks like we're almost there!
You hesitate, you masturbate.
  • #51,953
  • Oct 11, 2018 11:28am Oct 11, 2018 11:28am
lets go bools..we got to close the day on the highs

Inserted Video
buy the rumor,sell the news
  • #51,954
  • Oct 11, 2018 11:30am Oct 11, 2018 11:30am
Quoting Moty
the price is struggling at daily r2 area {image}
Cant always trust the pattern...
You win some you loose some do both with peace of mind
  • #51,955
  • Oct 11, 2018 11:30am Oct 11, 2018 11:30am
TP 1.16028, hope it works
  • #51,956
  • Oct 11, 2018 11:32am Oct 11, 2018 11:32am
Quoting wasntme
lets go bools..we got to close the day on the highs https://youtu.be/KLANLzerfa0

is that moron still on cnbc?...i stopped watching 5 years ago
buy the rumor,sell the news
  • #51,957
  • Oct 11, 2018 11:33am Oct 11, 2018 11:33am
Quoting engweijie
{quote} Looks like we're almost there!
Yes I've just started to load and fire the shorts. All done responsibly with a tight SL above today's high. Since it has just bounced off the daily median line there could be quite deep correction to 1422. We'll see.
  • #51,958
  • Oct 11, 2018 11:33am Oct 11, 2018 11:33am
Quoting wasntme
{quote} is that moron still on cnbc?...i stopped watching 5 years ago
As you can read it says 2011...
You win some you loose some do both with peace of mind
  • #51,959
  • Oct 11, 2018 11:34am Oct 11, 2018 11:34am
Inserted Video
  • #51,960
  • Oct 11, 2018 11:34am Oct 11, 2018 11:34am
Anyone can make the case why market won't reach these areas?
Attached Image (click to enlarge)
Click to Enlarge Name: eurodaily10-11.PNG Size: 119 KB
Always trade your own plan...I don't provide trading signals.
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