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  • #60,501
  • Nov 15, 2018 3:02pm Nov 15, 2018 3:02pm
1.1325 might become a pain for Asian session. I am calling it a day here. Probably bulls will kick in some.. then bears.. the bulls again.. I will be ready once price is back below 1.1320. If not we can discuss tomorrow after Frankfurt or London opening. Trade safely folks and have a happy Asian session.

Stay Green
Focus only on what truly matters!
  • #60,502
  • Nov 15, 2018 3:07pm Nov 15, 2018 3:07pm
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5 Min Upward trend line still holding.
  • #60,503
  • Nov 15, 2018 3:11pm Nov 15, 2018 3:11pm
Quoting engweijie
{quote} One day at a time bro, turning a losing day into break even or even some extra is a huge win on its own. Nicely done!
thanks bro.

as long as you guys are with me i hope one day i will recover my all loss and make some profit and will test my first income form Forex.
WMTP (Where is MahiN There is Problem)
  • #60,504
  • Nov 15, 2018 3:15pm Nov 15, 2018 3:15pm
5am I'm about to head to bed. Took a buy at 1.13316, half of regular trade size. Have a pending buy at 1.13242, full-sized SL for both at 1.1319. Buying off 1.1330/1.1325 area as potential supports. Setting a TP as well as a sell limit at 1.1362, SL 7 pips and another sell limit at 1.1397, SL 7 pips as well.

Been up and about for close to 30 hours now so I'm sleeping in. Pendings I'll leave valid for 12 hours or about an hour after London kicks in. I should be awake by then to re-evaluate the plan.

Happy trading everyone, lets end the week well yeah! Christmas is coming
You hesitate, you masturbate.
  • #60,505
  • Nov 15, 2018 3:17pm Nov 15, 2018 3:17pm
Quoting engweijie
5am I'm about to head to bed. Took a buy at 1.13316, half of regular trade size. Have a pending buy at 1.13242, full-sized SL for both at 1.1319. Buying off 1.1330/1.1325 area as potential supports. Setting a TP as well as a sell limit at 1.1362, SL 7 pips and another sell limit at 1.1397, SL 7 pips as well. Been up and about for close to 30 hours now so I'm sleeping in. Pendings I'll leave valid for 12 hours or about an hour after London kicks in. I should be awake by then to re-evaluate the plan. Happy trading everyone, lets end the week well...
Go get some sleep for goodness sake.... The market will be here tomorrow.
  • #60,506
  • Nov 15, 2018 3:19pm Nov 15, 2018 3:19pm
Quoting directxxx
{quote} Go get some sleep for goodness sake.... The market will be here tomorrow.
Bad insomnia, can't sleep without meds (which I don't want to rely on). I digress.

Cheers brother, see you tomorrow.
You hesitate, you masturbate.
  • #60,507
  • Edited 4:30pm Nov 15, 2018 3:23pm | Edited 4:30pm
Quoting directxxx
{quote} Oh OK so 6 targets for the week with 5 completed and one to go is just random to you whilst you have been fighting direction all week. I understand why you are not impressed. Happy for your broker mate.
Sorry if you felt attacked. Just pointing out individual's taste. Different traders different strategies. An intraday 20pips SL trader won't leave a trade on for 70pips drawdown as happened within 3 hours of LO.
Swingers do make money just as intraday do, likewise scalpers. (Not a scalper but I scalped >+40pips this evening within 2hrs. Would've been >>80 if I had adopted the scrapers' attitude earlier enough considering it's after London close). I guess it's all about styles and preferences. Each person on his own.

Brokers are in business to make money. Provided I'm making money, I care not how much my broker is making.

Stay green.
  • #60,508
  • Nov 15, 2018 3:29pm Nov 15, 2018 3:29pm
Quoting Donwealt
{quote} Sorry if you felt attacked. Just pointing out individual's taste. Different traders different strategies. An intraday 20pips SL trader won't leave a trade on for 70pips drawdown as happened within 3 hours of LO. Swingers do make money just as intraday do, likewise scalpers. (Not a scalper but I scalped >+40pips this evening within 2hrs. Would've been >>80 if I had adopted the scrapers' attitude earlier enough). I guess it's all about styles and preferences. Each person on his own. Brokers are in business to make money. Provided I'm making...
Uhuh...
  • #60,509
  • Nov 15, 2018 3:45pm Nov 15, 2018 3:45pm
Just resting the bulls overnight, this isn't gonna go far.
Founder of Sutherland Wave Principle
  • #60,510
  • Nov 15, 2018 3:45pm Nov 15, 2018 3:45pm
Quoting Ch33t4h
Sold at 1354 looking for that low 20s again , happy hunting CH33T4H {image}
Happy days , a few more t add t the pile . I see a lot of mention of targets . I never have any as they pressure me . I'm not a pro and never will be . I sit down and look for trades , when i find something nice cool , i'll give it a shot . But to fire up the computer saying i'm gonna make £200 today is making life uphill, CH33T
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  • #60,511
  • Nov 15, 2018 3:47pm Nov 15, 2018 3:47pm
Quoting MahiNbd
{quote} close my short with +12 pips maybe it's recover my loss but i working hard all day & night and still can't reach my 10 pips per day target
Don't worry bro you will one day. Just be true to yourself. Tell yourself who you're.... Scalper, intraday, swinger, longterm. Learn yourself and decide which one fits you. Then be true to yourself and filter the noise here.

Assuming you're a scalper and a swinger with 50-70 pips SL is screaming all the reasons he's making an entry at a particular price level showing all beautiful charts, you start seeing reasons with him probally make an entry too without knowing that while he's safe@70pips SL, your 10pips SL isn't.

Know who you're and be true to yourself. If you decide that you're intraday, then I advise you follow ATA closely. Find the PDF files on his teachings and swot like you never did before. One day it will surely click.

Peace.
  • #60,512
  • Nov 15, 2018 3:49pm Nov 15, 2018 3:49pm
Quoting engweijie
{quote} Bad insomnia, can't sleep without meds (which I don't want to rely on). I digress. Cheers brother, see you tomorrow.
I am with ya. I have to take meds as well.
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #60,513
  • Nov 15, 2018 3:55pm Nov 15, 2018 3:55pm
Quoting moneymagnet
{quote} I am with ya. I have to take meds as well.
figured best thing to do is try to stay productive. hope alls well for you man
You hesitate, you masturbate.
  • #60,514
  • Nov 15, 2018 4:02pm Nov 15, 2018 4:02pm
Day's opening crazy spread. 7.5 Eu, 13.3 GU. These guys are mean.
  • #60,515
  • Nov 15, 2018 4:09pm Nov 15, 2018 4:09pm
Quoting Donwealt
{quote} Don't worry bro you will one day. Just be true to yourself. Tell yourself who you're.... Scalper, intraday, swinger, longterm. Learn yourself and decide which one fits you. Then be true to yourself and filter the noise here. Assuming you're a scalper and a swinger with 50-70 pips SL is screaming all the reasons he's making an entry at a particular price level showing all beautiful charts, you start seeing reasons with him probally make an entry too without knowing that while he's safe@70pips SL, your 10pips SL isn't. Know who you're and...
i like scalping and intraday trading. recently i'm following ATA's strategy and studding on it. i don't have any scalping strategy so trying with few indicators but don't works. everyday i learning somethings from here so i hope one day i will be an expert trader as long as you guys are help me to learn.
WMTP (Where is MahiN There is Problem)
  • #60,516
  • Nov 15, 2018 4:19pm Nov 15, 2018 4:19pm
Quoting MahiNbd
{quote} i like scalping and intraday trading. recently i'm following ATA's strategy and studding on it. i don't have any scalping strategy so trying with few indicators but don't works. everyday i learning somethings from here so i hope one day i will be an expert trader as long as you guys are help me to learn.
your goal is 10 pips a day,, question for ya ,, how many days did you reach that goal ,,then continue trading till you lost it and more ?
  • #60,517
  • Nov 15, 2018 4:38pm Nov 15, 2018 4:38pm
INMHO, if price can break and hold above 1.13525 Bulls may have more steam. Maybe to the 1.14026. I think the most important thing though is to play your system consistently and not change it up because of one trade. It is about making money consistently over the long run, not trying to tailor your system to each individual trade.

One of the things that helped me the most was making a simple trade journal, that way I was able to find my ideal hold time. If my trade is losing money and I have held longer than my ideal hold time I cut bait even if it has not hit my stoploss. If it is in profit and I see it may go further I may extend my hold time.

Part of my strategy is being patient with winners and impatient with losers.

Either way it is important not to beat yourself up over losing trades. There will be other trades.
  • #60,518
  • Nov 15, 2018 4:41pm Nov 15, 2018 4:41pm
Quoting MahiNbd
{quote} i like scalping and intraday trading. recently i'm following ATA's strategy and studding on it. i don't have any scalping strategy so trying with few indicators but don't works. everyday i learning somethings from here so i hope one day i will be an expert trader as long as you guys are help me to learn.
Bro as a newbie, scalping is ultra-risky. Intraday is better. Follow ATA closely. Learn both the classical-TL- LWMA system and the Steep-TL-Divergence system. Depending on your risk appetite and flexibility, decide if you follow both flexibly or specialize on one.
Scalping is very risky for nonspecialists.
  • #60,519
  • Edited 5:26pm Nov 15, 2018 5:00pm | Edited 5:26pm
Quoting Donwealt
{quote} Bro as a newbie, scalping is ultra-risky. Intraday is better. Follow ATA closely. Learn both the classical-TL- LWMA system and the Steep-TL-Divergence system. Depending on your risk appetite and flexibility, decide if you follow both flexibly or specialize on one. Scalping is very risky for nonspecialists.
A specialist ,, nah ,, just discipline and something that points the proper levels out and an exact knowledge of what the tool your using represents,, how many 10 pip trades do you see here ,, ave represents 1/4 of a day ,, 360 minutes ,, learn your tool ,,have the discipline to ignore things that are posted and pull the trigger at the appropriate time and take your 10 pips and be done . Most peoples problems are no practice ,, much easier to just watch price go up and down and by time they make decision price has been there and gone ,,, this is a job if you want to make serious money , it dont have to be complicated , there is no mystic or magic properties about the mkts . Be aware of the time of day ,, previous highs and lows etc price patterns such as flags ,, just levels and trading to them and between them ,,nothing more nothing less ,, the more shit you throw on a chart the more complicated it becomes .
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2 nd chart same timeframe same average only a few more levels ,, with the big level being last weeks low and the weekly S1 down there ,, what do you think the skirmish is really over ,, there is a quarterly low in this area too ,, it is a chess match between buyers and sellers ,, think that is something that escapes a lot of people ,, oh the mkt should just do this or do that ,, it dont work quite like that ,,,,, levels hold or fold they can be revisited several times back and forth ,, it is a battle ,, everyday
  • #60,520
  • Nov 15, 2018 5:03pm Nov 15, 2018 5:03pm
Quoting MahiNbd
{quote} i like scalping and intraday trading. recently i'm following ATA's strategy and studding on it. i don't have any scalping strategy so trying with few indicators but don't works. everyday i learning somethings from here so i hope one day i will be an expert trader as long as you guys are help me to learn.
Hi,
i suggest you to fear not and post your charts, post your entries, describe the reasons of your entries... you might get some nasty comments, but from some around here you might have comments, very constructive ones... i hope.

10 pips is a day, is more than enough, with the right MM, you can be very healthy...

describe your "system", accept critics/opinions, from great people here, and in 2 weeks you will do fine...hope so!
cheers,
If you don't know how to earn money, don't loose it.
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