MACD Divergence
H1 & H4
H1 & H4
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- #55,824
- Oct 26, 2018 4:27am Oct 26, 2018 4:27am
- Joined Mar 2017 | Status: Impeccable | 2,829 Posts
we r in a 30 pip range till news (out for 
)
)
Self discipline It is a practice
- #55,825
- Oct 26, 2018 4:36am Oct 26, 2018 4:36am
- Joined Aug 2012 | Status: Fundamental & Technical Analyst | 1,910 Posts
we r in a 30 pip range till news (out for
Trades technical moves enforced by fundamentals
- #55,826
- Oct 26, 2018 4:39am Oct 26, 2018 4:39am
- Joined Mar 2018 | Status: Trader | 1,529 Posts
Coffee time
- #55,827
- Edited 5:00am Oct 26, 2018 4:47am | Edited 5:00am
- Joined Aug 2017 | Status: Just a little Aussi Battler | 4,569 Posts
{quote} One of the things i do Moty, is look were it will go in the chart's then look to see were it could/would go in the opposite direction, Because remember the post i put out some time ago,about how the big boys/banks will push the chart price action in one direction, Then snap it back in the opposite direction, to catch all the stops and pick up these contracts along the way, it just happen in the 5 min chart as i typed. Trade wisely folks Brian Dingoman-two Edit I believe that the price action needs to go to the 1.1322/25 area before the bulls...
Edit I believe that the price action needs to go to the 1.1322/25 area before the bulls can get there turn at playing in this game.
Could this be the one ??????
Edit 90% of my call's are base on my own fib settings,
- #55,831
- Oct 26, 2018 4:53am Oct 26, 2018 4:53am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
This thread is very valuable and I would like to thank all users for their contribution to the content.
As it has been mentioned several times before, different users of the thread present different approaches to the topic and beginners can get lost in it. To find something valuable for yourself, you need to filter out the content that is relevant to your own strategy. Shifting from one strategy to another is not good and results in losses especially when it happens during an open transaction.
For me, speculating on Forex is similar to the game of Go: both have simple rules but an extremely complex and complicated course.
Recently, I had the unpleasantness to make a transaction, which from the beginning did not go well, therefore I removed the stop-loss and omitted some emergency exits which resulted in quite a serious loss (-156 pips). I made the transaction based on the M15 chart. At the end, instead of a slight prick I had a long pain with an even more painful ending (and reversal that appeared shortly thereafter).
Lack of discipline and shifting from one style trading to another are probably the two most important causes of loss.
you can add it to the bookmark 'how not to trade'
As it has been mentioned several times before, different users of the thread present different approaches to the topic and beginners can get lost in it. To find something valuable for yourself, you need to filter out the content that is relevant to your own strategy. Shifting from one strategy to another is not good and results in losses especially when it happens during an open transaction.
For me, speculating on Forex is similar to the game of Go: both have simple rules but an extremely complex and complicated course.
Recently, I had the unpleasantness to make a transaction, which from the beginning did not go well, therefore I removed the stop-loss and omitted some emergency exits which resulted in quite a serious loss (-156 pips). I made the transaction based on the M15 chart. At the end, instead of a slight prick I had a long pain with an even more painful ending (and reversal that appeared shortly thereafter).
Lack of discipline and shifting from one style trading to another are probably the two most important causes of loss.
you can add it to the bookmark 'how not to trade'
Ki Sang has time for everything
- #55,833
- Oct 26, 2018 4:56am Oct 26, 2018 4:56am
- Joined May 2015 | Status: Trader | 1,148 Posts
Just sold again at 1.1358x.
Target 1 is 1.1321x, lines up with weekly S2.
Target 2 for AB = CD is 1.1239x, lines up with weekly s3.
Grtz
Target 1 is 1.1321x, lines up with weekly S2.
Target 2 for AB = CD is 1.1239x, lines up with weekly s3.
Grtz
What's that smell? ---- I smell money!
- #55,835
- Oct 26, 2018 4:58am Oct 26, 2018 4:58am
- | Membership Revoked | Joined Jul 2020 | 7,294 Posts
This thread is very valuable and I would like to thank all users for their contribution to the content. As it has been mentioned several times before, different users of the thread present different approaches to the topic and beginners can get lost in it. To find something valuable for yourself, you need to filter out the content that is relevant to your own strategy. Shifting from one strategy to another is not good and results in losses especially when it happens during an open transaction. For me, speculating on Forex is similar to the game...
A few hours ago there were several members posting charts suggesting a bullish eurusd today, while i stuck to my shorts according to my system netting me 2 nice 1:2.5 winners. But, at the same time they couldve been right and i couldve been wrong - this is what i meant earlier in the importance of building confidence through experience and your own rules. Tho, its obviously early in the day so it can obviously switch bullish, but my trailing stop will net me the r/r mentioned above
atleast some gets my message! Have a great weekend
- #55,838
- Oct 26, 2018 5:04am Oct 26, 2018 5:04am
- Joined Aug 2017 | Status: Just a little Aussi Battler | 4,569 Posts
Sell stop triggerred. New low. Could be extension. Will be on lookout for wedge. Stop 11388. On 2nd thoughts could also be irregular abc . Lets see what will welcome me when i land
I am looking at 1.132/3 area myself my friend,
- #55,840
- Oct 26, 2018 5:14am Oct 26, 2018 5:14am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
Bears won back the fight for 1.1366. Keep an eye to that level and we stay bearish as long as below it. Rinse and repeat baby
Stay Green
Stay Green
Focus only on what truly matters!