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Trading Forex is Hard

  • #61
  • Oct 15, 2018 9:48am Oct 15, 2018 9:48am
I tried to trade the range-- worked
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Risiko birgt immer auch die Chance.
  • #62
  • Oct 15, 2018 12:06pm Oct 15, 2018 12:06pm
Micro scalping example from S to R................

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exit upon failure to break up
atheer1
  • #63
  • Oct 24, 2018 12:14pm Oct 24, 2018 12:14pm
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Not hard, I love the tiny details.
  • #64
  • Edited 10:36am Nov 1, 2018 5:40am | Edited 10:36am
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Had a half day off and I did something useful....
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Risiko birgt immer auch die Chance.
  • #65
  • Nov 3, 2018 4:12pm Nov 3, 2018 4:12pm
Quoting Sesamstrasse
{image} Had a half day off and I did something useful.... {image}
Nice trades sesame st
  • #66
  • Nov 9, 2018 10:12am Nov 9, 2018 10:12am
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  • #67
  • Edited Nov 13, 2018 12:29am Nov 12, 2018 11:05am | Edited Nov 13, 2018 12:29am
Quoting venividivici
{image} {image}
Excellent postings


Guido
Risiko birgt immer auch die Chance.
  • #68
  • Nov 14, 2018 3:26am Nov 14, 2018 3:26am
2 scalps last night shorting EURUSD for 10 pips.

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  • #69
  • Nov 15, 2018 10:36am Nov 15, 2018 10:36am
A small position in afterwork trading.

More and more I like these clear outs.
In 1-2 weeks I have a week off for trading.
I´m really curious about a result.. that´s pretty new for me.
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Risiko birgt immer auch die Chance.
  • #70
  • Edited 12:36pm Nov 16, 2018 9:32am | Edited 12:36pm
Quoting Sesamstrasse
A small position in afterwork trading. More and more I like these clear outs. In 1-2 weeks I have a week off for trading. I´m really curious about a result.. that´s pretty new for me. {image}
Nice trade, if you had held on it would have been in the 100's now

"bounce or break" or "break and return" only two possibilities.
  • #71
  • Edited Nov 17, 2018 10:33am Nov 16, 2018 2:15pm | Edited Nov 17, 2018 10:33am
I think its important to read price behaviour live before getting in on reversals (and most importantly whilst in your trade and get out when signs appear).

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There are other important factors I havent mentioned:

-price support/resistance isnt precise to the pip, It can bounce just under or over a few pips off the levels (check chart below).
-watching the chart live gives you a much better feel of when the price is about to turn.
-watching multiple charts together without switching one by one gives you an advantage on what pair to get in and an even better feel.

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  • #72
  • Nov 19, 2018 12:44am Nov 19, 2018 12:44am
What other things are helpful that others take for granted? Its the simplest things.

You can use the stop order for the line placement on the chart, I use the bid/ask live price line to help me see exactly which levels the price is fighting off, believe it or not this is a huge help.

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  • #73
  • Nov 19, 2018 12:58am Nov 19, 2018 12:58am
Quoting venividivici
What other things are helpful that others take for granted? Its the simplest things. You can use the stop order for the line placement on the chart, I use the bid/ask live price line to help me see exactly which levels the price is fighting off, believe it or not this is a huge help. {image}
Good morning.
How do you spot and use these levels exactly?
The larger spread about these zones?

Guido
Risiko birgt immer auch die Chance.
  • #74
  • Edited 1:44am Nov 19, 2018 1:15am | Edited 1:44am
Quoting Sesamstrasse
{quote} Good morning. How do you spot and use these levels exactly? The larger spread about these zones? Guido
No nothing to do with spread, simply just using the line for visual aid

You dont want to buy or sell straight into a wall right?

Chart below is a good example, look where the line is bouncing, Im looking for a buy but im waiting a bit longer as there is a wall there right infront.

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The update and the next wall to be aware of:

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ETC. ETC. !
  • #75
  • Nov 19, 2018 2:29am Nov 19, 2018 2:29am
Quoting venividivici
{quote} No nothing to do with spread, simply just using the line for visual aid You dont want to buy or sell straight into a wall right? Chart below is a good example, look where the line is bouncing, Im looking for a buy but im waiting a bit longer as there is a wall there right infront. {image} The update and the next wall to be aware of: {image} ETC. ETC. !

Got you-- understood you wrong in your former post..
Risiko birgt immer auch die Chance.
  • #76
  • Nov 20, 2018 1:24am Nov 20, 2018 1:24am
alot of people dont believe in the accuracy of micro trading, here you go

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  • #77
  • Nov 21, 2018 12:23am Nov 21, 2018 12:23am
Dont try and get into trades too early, we aren't robots were humans - we need to observe momentum first and get in at the right time.

"money is made in the middle, not from right at the top or bottom"

Thanks to the wiseman.

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  • #78
  • Edited 10:56am Nov 21, 2018 9:12am | Edited 10:56am
Quoting venividivici
Dont try and get into trades too early, we aren't robots were humans - we need to observe momentum first and get in at the right time. "money is made in the middle, not from right at the top or bottom" Thanks to the wiseman. {image}
.. Wasn t on my screen before..
In my view was there a bit " empty space" -- needs to get filled.

A good afterwork trade.

Guido
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Risiko birgt immer auch die Chance.
  • #79
  • Nov 22, 2018 12:38am Nov 22, 2018 12:38am
Quoting Sesamstrasse
{quote} .. Wasn t on my screen before.. In my view was there a bit " empty space" -- needs to get filled. A good afterwork trade. Guido {image} {image}
You are getting it.

Two trades this morning, two winners.

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  • #80
  • Nov 23, 2018 12:42am Nov 23, 2018 12:42am
Quoting venividivici
{quote} You are getting it. Two trades this morning, two winners. {image} {image}
.. Happy weekend..
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Risiko birgt immer auch die Chance.
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