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  • #1,148,541
  • Jan 30, 2019 11:13pm Jan 30, 2019 11:13pm
Quoting PatienceFx
{quote} add RSI , it is even more BULLSHIT {image}
Remove RSI, and swap it for MFI (Money Flow Index) - It's a true representation of money in, money out
Thank me later
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  • #1,148,542
  • Jan 30, 2019 11:14pm Jan 30, 2019 11:14pm
Quoting Fredrick7
{quote} It was simply a bull trap.
No it wasn't.. I predicted this 2 days before any fundamentals... Read price correctly with no indicators and you'll know before this stuff happens too
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  • #1,148,543
  • Jan 30, 2019 11:15pm Jan 30, 2019 11:15pm
Quoting PatienceFx
{quote} plan worked, had to short at market 1434 {image}
Only if you were scalping... you were lucky if you got any pips out of this one before it shot north of 1.15xx
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  • #1,148,544
  • Jan 30, 2019 11:19pm Jan 30, 2019 11:19pm
Quoting Miracleforex
Selling 40 standard lots, clear end of day
on a Nano account? or Demo account? LOL
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  • #1,148,545
  • Jan 30, 2019 11:21pm Jan 30, 2019 11:21pm
Quoting msniper
to all the bears who think reaching 1.1700 to 1.2000 is not possible this is a nice clear head & shoulder on DXY and the neckline will be broken and it will send euro up at least 300 pips careful shorting with big targets just buy the dips {image}
Want to put a bet on that Or a Sportsman bet?

1.1520 entry - if shoots past, 2nd entry at 1.1500, then TP 1.1300 - I'll be following the banks and MM'ers, I'm not sure who you're following?

GL
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  • #1,148,546
  • Jan 30, 2019 11:21pm Jan 30, 2019 11:21pm
Going to be interesting to watch.
  • #1,148,547
  • Jan 30, 2019 11:38pm Jan 30, 2019 11:38pm
Excellent opportunity for pre-LO range scalp within 1497(buy) and 1512(sell) ...until London makes up its mind
Member
  • #1,148,548
  • Jan 31, 2019 12:00am Jan 31, 2019 12:00am
Quoting FXCyborg
{quote} Want to put a bet on that Or a Sportsman bet? 1.1520 entry - if shoots past, 2nd entry at 1.1500, then TP 1.1300 - I'll be following the banks and MM'ers, I'm not sure who you're following? GL
going down to 1.1300 doesn't effect my Targets

because I told people to go long around 1.1380 and 1.1350 and target between 1.1700 and 1.2000

if euro will go down from 1.1500 to ur target 1.13000 I will be soo happy to buy it cheap

my message is for bears who are aiming for 1.0800 and lower

1.0800 target is also my target but not before we hit the 1.17000~1.2000 range
  • #1,148,549
  • Jan 31, 2019 12:06am Jan 31, 2019 12:06am
Quoting FXCyborg
{quote} on a Nano account? or Demo account? LOL
LOL! I like your perspective.

Maybe you should visit my city Dubai to realize that 40 standard lots are just peanuts and for an average trader like me who still relies on Margin.

Mate, good luck with your trades.
Just retired from University
  • #1,148,550
  • Jan 31, 2019 12:07am Jan 31, 2019 12:07am
Quoting msniper
{quote} going down to 1.1300 doesn't effect my Targets because I told people to go long around 1.1380 and 1.1350 and target between 1.1700 and 1.2000 if euro will go down from 1.1500 to ur target 1.13000 I will be soo happy to buy it cheap my message is for bears who are aiming for 1.0800 and lower 1.0800 target is also my target but not before we hit the 1.17000~1.2000 range
will there be a chance to long EU at 1.1350 - 1.1380 this week?
i see the chart is very strong bullish, perhaps around 1.1410 would be best chance to buy.
  • #1,148,551
  • Jan 31, 2019 12:13am Jan 31, 2019 12:13am
Quoting msniper
{quote} going down to 1.1300 doesn't effect my Targets because I told people to go long around 1.1380 and 1.1350 and target between 1.1700 and 1.2000 if euro will go down from 1.1500 to ur target 1.13000 I will be soo happy to buy it cheap my message is for bears who are aiming for 1.0800 and lower 1.0800 target is also my target but not before we hit the 1.17000~1.2000 range
1.1380 is too early, study Quasimodo formations and you'll see why 1.1300 will be hit first...

Telling ppl to go long at 1.1380 will just put ppl in a huge drawdown.

And more so you cant tell people to go long and aim for those targets either... It has to get past the cluster F of resistance sitting just above 1.1580/1.1600

Any way, I'll take your money and those who you recommended it too.. I already took FXPatince's yesterday lol
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  • #1,148,552
  • Jan 31, 2019 12:14am Jan 31, 2019 12:14am
Quoting Miracleforex
{quote} LOL! I like your perspective. Maybe you should visit my city Dubai to realize that 40 standard lots are just peanuts and for an average trader like me who still relies on Margin. Mate, good luck with your trades.
Mate, you're just full of it... keep dreaming -- on your Demo
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  • #1,148,553
  • Jan 31, 2019 12:15am Jan 31, 2019 12:15am
Quoting Miracleforex
{quote} Mate, good luck with your trades.
Luck isn't needed when one can read price correctly... I'm must sitting here amused at most of you here... such a shame
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  • #1,148,554
  • Jan 31, 2019 12:21am Jan 31, 2019 12:21am
Quoting FXCyborg
{quote} on a Nano account? or Demo account? LOL
I do more than 150 standard lots per position and its real account

when u trade account with millions of dollars its normal to see big volume
  • #1,148,555
  • Jan 31, 2019 12:23am Jan 31, 2019 12:23am
Quoting hans91
{quote} will there be a chance to long EU at 1.1350 - 1.1380 this week? i see the chart is very strong bullish, perhaps around 1.1410 would be best chance to buy.
hard to guess for meanwhile the support is 1.1450 and 1.1400 lets see if it holds

if it goes down to 1.1300 I will be happy I want to buy cheap honestly
  • #1,148,556
  • Jan 31, 2019 12:26am Jan 31, 2019 12:26am
Quoting FXCyborg
{quote} 1.1380 is too early, study Quasimodo formations and you'll see why 1.1300 will be hit first... Telling ppl to go long at 1.1380 will just put ppl in a huge drawdown. And more so you cant tell people to go long and aim for those targets either... It has to get past the cluster F of resistance sitting just above 1.1580/1.1600 Any way, I'll take your money and those who you recommended it too.. I already took FXPatince's yesterday lol
people who went long with me at 1.1380 and 1.1350 before they maximum draw down was to the low at 1.1289 so its like 100pips drawdown. I don't see it a huge drawdown compared to the 600pips profit target u will get

at the end its all about the money management if you are a guy who goes all in of course the 100pips drawdown will kill your account but for me a 100pips drawdown is only maximum of 5% loss of my total capital which is normal compared with the 30% profit I will make when we hit 1.19 and 1.20

and yes please bring the price down to 1.13000 so I can buy cheap I will be thankful
  • #1,148,557
  • Jan 31, 2019 12:26am Jan 31, 2019 12:26am
Quoting msniper
{quote} I do more than 150 standard lots per position and its real account when u trade account with millions of dollars its normal to see big volume

You don't need to tell me about trading millions of dollars mate.. I have to phone mine in, so you're one step behind me! Keep it up, if you're really telling the truth

GL
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  • #1,148,558
  • Jan 31, 2019 12:29am Jan 31, 2019 12:29am
Quoting msniper
{quote} people who went long with me at 1.1380 and 1.1350 before they maximum draw down was to the low at 1.1289 so its like 100pips drawdown. I don't see it a huge drawdown compared to the 600pips profit target u will get at the end its all about the money management if you are a guy who goes all in of course the 100pips drawdown will kill your account but for me a 100pips drawdown is only maximum of 5% loss of my total capital which is normal compared with the 30% profit I will make when we hit 1.19 and 1.20 and yes please bring the price down...
Mate, more you talk, the more I'm less likely to believe you... 100 pip DD? are you kidding me? That's irresponsible trading.

You have a LONG way to go before you can really read price correctly... So it's good that you're still on your Demo account, they're there to practice on.

Once you get to my level, you wont see DD's of 100 pips man, or even 600 pips (as you claim yours have been in the past)... most of mine are less than 10 pips and in some cases, my DD is the brokers pip spread and ONE POINT!
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  • #1,148,559
  • Jan 31, 2019 12:33am Jan 31, 2019 12:33am
Cognitive bias is the inability to see the reality because there is a strong bias. I abandoned tech analysis long time ago, and that was by fare the best choice of my trading life, but I'm still amazed to see how many cases people just don't see what is in front of their eyes. Using one of last published charts as an example (this message is not - by any mean - directed to the author of that post), I find funny how strong the statement is about USD dropping because of the Head/shoulder formation, but just few bars back there was a very similar setup and nothing happened.

We just tend to forget all those time our prediction of trendlines/formations has been wrong and tend to stick with the few random success we collect. If you draw enough line on your chart, the price will definitively bounce on one of those sooner or later

My 2 cents.

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  • #1,148,560
  • Jan 31, 2019 12:33am Jan 31, 2019 12:33am
Quoting FXCyborg
{quote} Mate, more you talk, the more I'm less likely to believe you... 100 pip DD? are you kidding me? That's irresponsible trading. You have a LONG way to go before you can really read price correctly... So it's good that you're still on your Demo account, they're there to practice on. Once you get to my level, you wont see DD's of 100 pips man, or even 600 pips (as you claim yours have been in the past)... most of mine are less than 10 pips and in some cases, my DD is the brokers pip spread and ONE POINT!
when you trade using Elliott waves its normal to have a drawdown because the waves can stretch the main point u exit the position with great profit

if you want BIG TARGETS then you need to accept BIG DRAWDOWN

and if you say that you get not more than 10pips drawdown this is great and professional please share ur trade here so we can see if you are telling the truth about your drawdown limits
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