gdp data in 15 minutes may pull this short in profit if negative for US
- #55,902
- Oct 26, 2018 7:15am Oct 26, 2018 7:15am
- Joined May 2015 | Status: Trader | 1,148 Posts
{quote} Thanks bro. It is all about: focusing on the trend and don't get distracted by the sabotaging idea of "oh reversal is coming" mentality. Stay Green
Predicting is a recipe for disaster. One thing I can say is that, to become profitable as a trader you have to be willing to alter you mindset. From the things I read when I started trading (that most people lose money), it's that mindset that you need to change. It's actually easier than I tought (effortless trading
), but you first have to believe that and work on yourself since it's your own actions that lead to profits or losses.Still it requires a lot of work! Experience comes with practice!
Discipline and a good strategy folks!
Grtz
What's that smell? ---- I smell money!
- #55,903
- Oct 26, 2018 7:16am Oct 26, 2018 7:16am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts | Online Now
Below 1.1366 no hope for bulls. Just saying
Stay Green
Stay Green
Focus only on what truly matters!
- #55,904
- Oct 26, 2018 7:19am Oct 26, 2018 7:19am
- Joined Apr 2012 | Status: Stunning | 6,815 Posts
in wondering about yourself, you forgot what you came here to be part of
- #55,905
- Oct 26, 2018 7:19am Oct 26, 2018 7:19am
- Joined Dec 2011 | Status: Trader | 4,013 Posts
{quote} Currently roadblocks that may act as support 1337 1320 1300 1298. There is actually a floor at 1247- 1229 after some recalculation. May be wrong. Let's see if news will be a catalyst to speed up reactions.
- #55,906
- Oct 26, 2018 7:20am Oct 26, 2018 7:20am
- Joined Apr 2013 | Status: Trader | 1,926 Posts
{quote} Because the referred post is missing a closing bracket "]" whoever replies to it will clone the error. Always leave the automatic code alone. Don't alter what Forexfactory is doing there or be careful if you delete any of the brackets.
It was written from mobile... Big fingers, small screen..
Sorry for that.
If you don't know how to earn money, don't loose it.
- #55,907
- Oct 26, 2018 7:22am Oct 26, 2018 7:22am
- Joined Aug 2018 | Status: Full-Time Gambler | 2,549 Posts
You hesitate, you masturbate.
- #55,908
- Oct 26, 2018 7:24am Oct 26, 2018 7:24am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts | Online Now
Focus only on what truly matters!
- #55,910
- Oct 26, 2018 7:28am Oct 26, 2018 7:28am
- | Joined Jul 2018 | Status: Trader | 1,514 Posts
{quote} Yep that trying to catch reversals was my no 1 problem over the years, after 4 years of struggle, a lot of ups and downs... I feel everything is finally coming together. Predicting is a recipe for disaster. One thing I can say is that, to become profitable as a trader you have to be willing to alter you mindset. From the things I read when I started trading (that most people lose money), it's that mindset that you need to change. It's actually easier than I tought (effortless trading
some of what you say is true...human nature is difficult to change...like i said earlier greed got the better of me and it will of everyone no matter what endeavor one is involved in...thats why there so many ponzi schemes people fall for all the time. in my case once im wrong i try to manage my profits or losses and thats one thing most people wont or refuse to do. they either close out all their trades for profit and leave money on the table days later or they close out their losses at once and dont benefit from the inevitable reversal
...
buy the rumor,sell the news
- #55,911
- Oct 26, 2018 7:28am Oct 26, 2018 7:28am
- Joined Apr 2012 | Status: Stunning | 6,815 Posts
in wondering about yourself, you forgot what you came here to be part of
- #55,913
- Oct 26, 2018 7:30am Oct 26, 2018 7:30am
- Joined Aug 2018 | Status: Full-Time Gambler | 2,549 Posts
{quote} well i put it very tight cause its a very risky trade. You've seen how price can fluctuate up and down on these days. Youre either on the correct side right away or not. Fast Profit or fast StopLoss.
Best of luck. As for me lol. Pulling my hair out now because it seems like I could’ve saved those longs from earlier
You hesitate, you masturbate.
- #55,914
- Oct 26, 2018 7:33am Oct 26, 2018 7:33am
- Joined Apr 2012 | Status: Stunning | 6,815 Posts
{quote} Thank you, appreciate the input. Few minutes left for you to jump in, hope you get your trade!
Data is better than forecast, so you would expect the euro to be weaker now.
But it was less than last data so i guess thats good for the euro.
On the M1 price was dipping right before so i tried a short.....and then it switched lol
4 pip loss.
in wondering about yourself, you forgot what you came here to be part of
- #55,917
- Oct 26, 2018 7:36am Oct 26, 2018 7:36am
- | Joined Jul 2018 | Status: Trader | 1,514 Posts
buy the rumor,sell the news
- #55,918
- Oct 26, 2018 7:41am Oct 26, 2018 7:41am
- Joined Aug 2018 | Status: Full-Time Gambler | 2,549 Posts
{quote} well that was strange.... Data is better than forecast, so you would expect the euro to be weaker now. But it was less than last data so i guess thats good for the euro. On the M1 price was dipping right before so i tried a short.....and then it switched lol 4 pip loss.
both my longs could’ve been closed with some profit now
You hesitate, you masturbate.
- #55,919
- Oct 26, 2018 7:41am Oct 26, 2018 7:41am
- | Membership Revoked | Joined Jul 2020 | 7,294 Posts
- #55,920
- Oct 26, 2018 7:44am Oct 26, 2018 7:44am
- Joined Apr 2012 | Status: Stunning | 6,815 Posts
{quote} Now im truly pulling my hair out
its in the past
Enjoy your day off man!
in wondering about yourself, you forgot what you came here to be part of