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General Trading Chat / Ideas

  • #3,121
  • Jul 11, 2019 3:46am Jul 11, 2019 3:46am
Quoting Techanalyst
{quote} I will not stretch this. You are wrong about the news, the price goes where it goes due to many factors. You have retail trading mentality. You have to get out of that. But we will leave it at that and continue to trade. Trade safe. The value of a country’s currency is affected and largely influenced by various economic indicators that reflect how a country is performing. The macroeconomic events that take place internally and internationally are factors that will have a huge effect on the value of a currency. As a forex trader you need...
I'm looking forward to show me in this thread how you trade during the news, buddy.
  • #3,122
  • Jul 11, 2019 3:47am Jul 11, 2019 3:47am
Quoting bigiivan
{quote} I'm looking forward to show me in this thread how you trade during the news, buddy.
I have many times.
  • #3,123
  • Jul 11, 2019 4:10am Jul 11, 2019 4:10am
during the news or before/afterwards?
trading is simple but is simple is not easy.
  • #3,124
  • Jul 11, 2019 4:16am Jul 11, 2019 4:16am
long 1267 and SL to BE after +4 pips.
trading is simple but is simple is not easy.
  • #3,125
  • Jul 11, 2019 4:17am Jul 11, 2019 4:17am
Quoting Jp1
{quote} Nice h&s on h1 - ive joined u on this one
stop to BE now - good initial move
  • #3,126
  • Jul 11, 2019 4:23am Jul 11, 2019 4:23am
NZD/USD:
0,10 lots SELL at 0,6673.
SL at 0,6710.
TP at 0,0000.
  • #3,127
  • Jul 11, 2019 4:25am Jul 11, 2019 4:25am
Quoting ZenNy
during the news or before/afterwards?
Both. The intention is to prove that news is a factor or not.
  • #3,128
  • Jul 11, 2019 4:28am Jul 11, 2019 4:28am
Quoting bigiivan
NZD/USD: 0,10 lots SELL at 0,6673. SL at 0,6710. TP at 0,0000.
any reasons why? my view...
Attached Image (click to enlarge)
Click to Enlarge Name: nz.png Size: 32 KB
trading is simple but is simple is not easy.
  • #3,129
  • Jul 11, 2019 4:35am Jul 11, 2019 4:35am
Quoting bigiivan
{quote} Both. The intention is to prove that news is a factor or not.
in my perception news is factored in the price action.....yesterday was a classic example.....before the speech prices got out of the accumulation zone and broke the the significant HL, pulled back towards it and made the perfect break out pul back...
trading is simple but is simple is not easy.
  • #3,130
  • Jul 11, 2019 5:28am Jul 11, 2019 5:28am
"BoE Gov Carney: Brexit Preparedness Improved, Some Risks Remain"

Selling GBP. Closed it manually. My mistake, brexit has improved should have buy it.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 38 KB
  • #3,131
  • Jul 11, 2019 5:55am Jul 11, 2019 5:55am
Quoting ZenNy
{quote} in my perception news is factored in the price action.....yesterday was a classic example.....before the speech prices got out of the accumulation zone and broke the the significant HL, pulled back towards it and made the perfect break out pul back...
Because you bind the price with the news. Go to thread EUR/USD and read how many members bought before the news. They don't giva a sh.. what will be the news. They expect the price will rise up. No matter what. The news may be just a drop from a glass of water, nothing more.
That is my opinion of course. Wish you a green rain over you, mate!
  • #3,132
  • Jul 11, 2019 5:58am Jul 11, 2019 5:58am
Quoting ZenNy
{quote} any reasons why? my view... {image}
I think it has to correct a little down before continue up.
Wish you luck!
  • #3,133
  • Jul 11, 2019 6:07am Jul 11, 2019 6:07am
Quoting bigiivan
{quote} Because you bind the price with the news. Go to thread EUR/USD and read how many members bought before the news. They don't giva a sh.. what will be the news. They expect the price will rise up. No matter what. The news may be just a drop from a glass of water, nothing more. That is my opinion of course. Wish you a green rain over you, mate!
because they are all world class traders over there! just as many people shouting sell over there as well!

Have to agree with with you both somewhat......in general, the news will fuel the direction the banks are moving things already....as the banks already know pretty much what the figures will show, way before they are published. Where the banks have no idea (as Tech said), is rates announcements etc......and thats when things can really change direction suddenly.
  • #3,134
  • Jul 11, 2019 6:09am Jul 11, 2019 6:09am
There you go, my chart has proved that the news moves the market. GBP went up.
  • #3,135
  • Jul 11, 2019 6:28am Jul 11, 2019 6:28am
Core Inflation Rate YoY JUN
Inflation Rate YoY JUN

Ok, newsmen.
There will be a news after about an hour. Tell me where the price will go if the news is good for USD.
  • #3,136
  • Jul 11, 2019 6:48am Jul 11, 2019 6:48am
Quoting bigiivan
Core Inflation Rate YoY JUN Inflation Rate YoY JUN Ok, newsmen. There will be a news after about an hour. Tell me where the price will go if the news is good for USD.
if the news is strong....i think the EUR could go to zero
  • #3,137
  • Jul 11, 2019 7:00am Jul 11, 2019 7:00am
Quoting Jp1
{quote} if the news is strong....i think the EUR could go to zero
Ok, expectation is for good news. Why you do not enter with 5-10 lots to make a billions?
Because THE NEWS IS NOT IMPORTANT for the direction.
  • #3,138
  • Jul 11, 2019 7:01am Jul 11, 2019 7:01am
Quoting bigiivan
{quote} Ok, expectation is for good news. Why you do not enter with 5-10 lots to make a billions? Because THE NEWS IS NOT IMPORTANT for the direction.
ur arguing with urself mate......read the posts properly
  • #3,139
  • Jul 11, 2019 7:04am Jul 11, 2019 7:04am
Quoting Jp1
{quote} ur arguing with urself mate......read the posts properly
Mate, I am stopping here. Everybody is free to trade how it wants.
Wish you good luck!
  • #3,140
  • Jul 11, 2019 7:07am Jul 11, 2019 7:07am
Attached Image (click to enlarge)
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