If you don't know how to earn money, don't loose it.
Im sure some of you just like the thrill of trading 24/7 even if you lose so here is a suggestion go and trade Bitcoin its open all week yes now you can trade the weekends too. See if you can handle the 1000 pip swings
- #93,208
- Aug 9, 2019 9:06am Aug 9, 2019 9:06am
- Joined May 2014 | Status: Full Time Trader | 27,326 Posts
{quote} Now his tweets with very confutation. not clear its good or bad for USD
Stay Green
Focus only on what truly matters!
- #93,210
- Aug 9, 2019 9:11am Aug 9, 2019 9:11am
- | Joined Jun 2016 | Status: Trader | 2,646 Posts
I have shorts on EU daily swing looking at h4 we have bullish trinagle in blue on my chart being supported by the 38.2 daily fib i have my stops out the way if the bullish blue triangle breaks long It should range atleast once on the green triangle on chart giving me chance to to get out at break even. im hoping it just breaks the daily 38.2 and saves me a pile of hassle though 
Turn your wounds into wisdom
- #93,213
- Aug 9, 2019 9:41am Aug 9, 2019 9:41am
- Joined Apr 2013 | Status: Trader | 1,926 Posts
Hi,
i think i mentioned few posts back (but not sure if was on this thread, old man brain) that this setup happens quite frequently and is very effective.
if you look the action at H1 chart, you can see the following:
Since the start of the day, (dashed vertical line) we haven't seen a high volume bar and the market was choppy, until we have bar marked as "A".
What's so special about this bar?
it's just the bar with the highest volume of the day (till then), but is a bar that makes a lower low but closes up.
entry on the opening of the next bar. target? - the descending trendline.
20 pips.
i know that that to some, this is 20 pips are peanuts.
not to me. i can live very well with 10 pips a day. 20? is even better.
why bother for 20 pips?... show me your trash bin...
i love straight forward, risk free, tp hits.
but then, is just me...
have a nice weekend all, and keep an eye on those kind of bars... or not.
cheers,
i think i mentioned few posts back (but not sure if was on this thread, old man brain
) that this setup happens quite frequently and is very effective.if you look the action at H1 chart, you can see the following:
Since the start of the day, (dashed vertical line) we haven't seen a high volume bar and the market was choppy, until we have bar marked as "A".
What's so special about this bar?
it's just the bar with the highest volume of the day (till then), but is a bar that makes a lower low but closes up.
entry on the opening of the next bar. target? - the descending trendline.
20 pips.
i know that that to some, this is 20 pips are peanuts.
not to me. i can live very well with 10 pips a day. 20? is even better.
why bother for 20 pips?... show me your trash bin...
i love straight forward, risk free, tp hits.
but then, is just me...
have a nice weekend all, and keep an eye on those kind of bars... or not.
cheers,
If you don't know how to earn money, don't loose it.
- #93,216
- Aug 9, 2019 9:59am Aug 9, 2019 9:59am
- Joined May 2014 | Status: Full Time Trader | 27,326 Posts
Focus only on what truly matters!
- #93,217
- Aug 9, 2019 10:13am Aug 9, 2019 10:13am
- Joined Sep 2013 | Status: Trader | 1,646 Posts
I am going leave 2 sell limit at 1.1200 and 1.1220. Tp 1.1160 Stop 1.1240
Great to share some more here this week, that happens when I am stressed trading is the best drug for that
Don't believe me just watch!
- #93,218
- Aug 9, 2019 10:29am Aug 9, 2019 10:29am
- Joined Sep 2017 | Status: Trader | 4,369 Posts
Hi Ata,
Just looking at your Trade explorer. 34 trades from 34, all winners. Excellent stuff!!!. Anyway hope you can stay on this streak and if you have losers don't be distracted. You will get up quick enough.
I am following with interest,
Cheers and have a great weekend.
Just looking at your Trade explorer. 34 trades from 34, all winners. Excellent stuff!!!. Anyway hope you can stay on this streak and if you have losers don't be distracted. You will get up quick enough.
I am following with interest,
Cheers and have a great weekend.
Trade to trade another day
- #93,219
- Aug 9, 2019 10:35am Aug 9, 2019 10:35am
- Joined May 2014 | Status: Full Time Trader | 27,326 Posts
Hi Ata, Just looking at your Trade explorer. 34 trades from 34, all winners. Excellent stuff!!!. Anyway hope you can stay on this streak and if you have losers don't be distracted. You will get up quick enough.
Stay Green
Focus only on what truly matters!
- #93,220
- Edited 10:56am Aug 9, 2019 10:37am | Edited 10:56am
- Joined May 2014 | Status: Full Time Trader | 27,326 Posts
Focus only on what truly matters!