pretty annoyed at cad/jpy today.The pair has been trolling me and pulling back on itself all day 
- #94,544
- Mar 7, 2019 2:25pm Mar 7, 2019 2:25pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #94,546
- Mar 7, 2019 2:57pm Mar 7, 2019 2:57pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Today is a particular day ... someone can tell me where the EURUSD is goingAll pairs in red ... wow
red colored news ...
https://www.forexfactory.com/showthr...8#post12085458
so my main tasks for today it to move my stop to tuesday' high.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #94,547
- Mar 7, 2019 3:03pm Mar 7, 2019 3:03pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Today is a particular day ... someone can tell me where the EURUSD is going
sell, sell, sell....
3 possible near term targets below
look for dead cat bounce ... then sell some more
when the selling stops, you will see that as support in the future.
sellers create resistance
buyer create support
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #94,548
- Mar 7, 2019 3:10pm Mar 7, 2019 3:10pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #94,549
- Mar 7, 2019 3:17pm Mar 7, 2019 3:17pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Is it me or does it happen to everyone? Almost all the time I think I'm in the wrong direction
You need only to be in the correct direction 50% of the time to make money.
Why is using three timeframes better than two?
The Power of 10EMA will set you in a direction not necessarily the right one.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #94,550
- Mar 7, 2019 3:24pm Mar 7, 2019 3:24pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
pretty annoyed at cad/jpy today.The pair has been trolling me and pulling back on itself all day
Follow the Day candle direction ...
and the Power of 10EMA.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #94,551
- Mar 7, 2019 3:40pm Mar 7, 2019 3:40pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Hi guys, Took a BUY position on the GBPCAD shown below along with entry which is the SECOND BLUE CANDLE NOT THE FIRST ONE. The trade has come down and i am now sitting at -44 pips, still in the trade. I feel like this system is a hit and miss. Any thoughts on the trade are welcome. These are rules of BIG E followed to a Tee! Emmanuel and Tekkies and all other traders your thoughts are welcomed. Regards, Roni {image}
DE30 for example:
If you Follow TDI, you will lose more than you will win.
your belief Keep It Simple has its limitations. One of its limitation is reading only Big E's 463 posts, learning from only 463 posts, ... it is a 10,000 piece puzzle.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
{quote} When stop thinking of the direction, you will see the direction. You need only to be in the correct direction 50% of the time to make money. Why is using three timeframes better than two? The Power of 10EMA will set you in a direction not necessarily the right one. {image}
- #94,553
- Mar 7, 2019 3:53pm Mar 7, 2019 3:53pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{image}
Trading H4, follow D1 and W1.
3 timeframes better than 1.
for CONTINUATION, it must break previous week' Close and then previous week' Low.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #94,555
- Mar 7, 2019 10:49pm Mar 7, 2019 10:49pm
{quote} Trading H4, follow D1 and W1. 3 timeframes better than 1. for CONTINUATION, it must break previous week' Close and then previous week' Low. {image}
I honestly believe it will get through. I have faith in my analysis.
Look at the previous W1 candles on your chart, price went through them all fine.
The market on h4 is strongly bearish, i see that low as weak support. It should break ...
An increasing number of my predictions are coming true lately
- #94,556
- Mar 7, 2019 11:26pm Mar 7, 2019 11:26pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #94,557
- Edited 2:36am Mar 8, 2019 12:09am | Edited 2:36am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
Bad
Post 94,534
Post 94,535
Even if you missed yesterday afternoon little Up/Down the account will still grow at a steady pace.
That little spike convinced me even more to follow TDI with M15H1. (Post 94,406)
- Both TDI green angle both are above 1.
- Both Stoch confirm direction.
- #94,558
- Mar 8, 2019 2:58am Mar 8, 2019 2:58am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Always look for the best setups to trade.
Best setups are high probability trade following price action... Lower High-Lower Low, LH-LL, LH-LL,....
If you are too eager to trade and trigger happy you will not not achieve consistency in your profitability.
Look carefully, H4 is very bearish and price action shows a breakout of the range. Anything can happen.
Best setups are high probability trade following price action... Lower High-Lower Low, LH-LL, LH-LL,....
If you are too eager to trade and trigger happy you will not not achieve consistency in your profitability.
Look carefully, H4 is very bearish and price action shows a breakout of the range. Anything can happen.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #94,559
- Mar 8, 2019 3:00am Mar 8, 2019 3:00am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} I honestly believe it will get through. I have faith in my analysis. Look at the previous W1 candles on your chart, price went through them all fine. The market on h4 is strongly bearish, i see that low as weak support. It should break ... An increasing number of my predictions are coming true lately
This week W1 candlle close will decide what next week market condition would be...
Let's wait till Weekly candle close.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #94,560
- Mar 8, 2019 3:14am Mar 8, 2019 3:14am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
Previous entry BE. Little pullback. This time M15H1 is good to go.
BE can prevent loss or price can BE, turn around, leaving you with no trade. (Now that sucks big time)
Use discretion. Re-enter again, apply the simply rules and stick to it.
