Show me your greatness and your trading system (EURUSD drop) | Forex Factory

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Show me your greatness and your trading system (EURUSD drop)

  • #1
  • First Post: Aug 30, 2019 1:40pm Aug 30, 2019 1:40pm
Hi,

Today we had a drop in EURUSD. Most of traders in EURUSD and EURUSD Only failed to see it.
I call all the Trading Systems authors/followers to saw to the community here if their system worked/would work in that case.

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 43 KB
Stop using OANDA!You will lose money,they stop PRACTICE accnts, kept SPIKES
  • #2
  • Aug 30, 2019 2:14pm Aug 30, 2019 2:14pm
no technicals would have shown a trade here. it was initiated from trumps tweet and hit stops along with algos jumping in
  • #3
  • Aug 30, 2019 9:30pm Aug 30, 2019 9:30pm
Quoting tropical_g
no technicals would have shown a trade here. it was initiated from trumps tweet and hit stops along with algos jumping in
So technicals are BS? So we trade the news or not? Algos trade the news? I though they were complex robots doing serious quant analysis, but what is more interesting are that all do the same against the idiots!
Stop using OANDA!You will lose money,they stop PRACTICE accnts, kept SPIKES
  • #4
  • Aug 30, 2019 11:38pm Aug 30, 2019 11:38pm
Quoting rtopa43
{quote} So technicals are BS? So we trade the news or not? Algos trade the news? I though they were complex robots doing serious quant analysis, but what is more interesting are that all do the same against the idiots!
"Most of traders in EURUSD and EURUSD Only failed to see it."
Rofl of course no one can see it, everyone would be millionaires if they can foresee the market. Prediction itself is suicide.

So many traders still think technicals are for prediction, this is the No.1 perspective that will keep them stuck
in the losers cycle for a long term. Calling system owners to prove their system in this one trade alone is not logic, the sample size itself is too small.

So technicals are BS? Like what I said, most traders, system owners here in FF doesn't even have verified track records.
Is there right or wrong with technicals? If you profit means you are right, period. Results speak in this field, not jargons or smart talk, but there
are so many blind leading the blind threads in Forex Factory everywhere.

Trade safe
  • #5
  • Aug 31, 2019 2:24am Aug 31, 2019 2:24am
Quoting rtopa43
{quote} So technicals are BS? So we trade the news or not? Algos trade the news? I though they were complex robots doing serious quant analysis, but what is more interesting are that all do the same against the idiots!
It's not BS but it isn't what's makes price move, news does. Trumps tweets cannot be traded technically.
  • #6
  • Aug 31, 2019 2:50am Aug 31, 2019 2:50am
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  • #7
  • Aug 31, 2019 2:58am Aug 31, 2019 2:58am
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  • #8
  • Aug 31, 2019 3:59am Aug 31, 2019 3:59am
Quoting mixedbags
{image}
Everyone seen what happened and seen it on the chart. What's ur explanation?
-happyTrading-myFx.
  • #9
  • Aug 31, 2019 4:15am Aug 31, 2019 4:15am
Quoting myfx
{quote} Everyone seen what happened and seen it on the chart. What's ur explanation?
I am not good with FX. After going through numerous of ends of day that fall on ends of week that fall on ends of month I think I still not good with FX so be careful of these coincide "ends of".
Also be careful of ends of year and beginnings of years, after going through many Decembers and Januarys I think I still not good with FX.
  • #10
  • Aug 31, 2019 4:23am Aug 31, 2019 4:23am
Attached Image


Yes, whoever the MM or BB is/are they are greedy.
Even if you don't believe in sentiment, may I suggest that it is good to be careful.
  • #11
  • Aug 31, 2019 5:01am Aug 31, 2019 5:01am
Quoting tropical_g
{quote} It's not BS but it isn't what's makes price move, news does. Trumps tweets cannot be traded technically.
Tweets can't be traded, but the levels afterwards...why not?

Quoting myfx
{quote} Everyone seen what happened and seen it on the chart. What's ur explanation?
Perhaps that 2019 low on his chart should be a giveaway clue for the move right there?
there is always, always another trade!!
  • #12
  • Aug 31, 2019 6:40am Aug 31, 2019 6:40am
Sudden moves can be the result of some unpredictable news/information, any decent trader knows that; can you trade them right away?!?! maybe not, but you can trade the aftermath easily..

looking for a "why" its the classic signature move of a noob trader... Just do what the chart its telling you

OH !! and yes, at least in my chart the entry was there and it could have been traded easily.. twice, with a great R:R
  • #13
  • Aug 31, 2019 7:56am Aug 31, 2019 7:56am
Quoting havo
Sudden moves can be the result of some unpredictable news/information, any decent trader knows that; can you trade them right away?!?! maybe not, but you can trade the aftermath easily.. looking for a "why" its the classic signature move of a noob trader... Just do what the chart its telling you OH !! and yes, at least in my chart the entry was there and it could have been traded easily.. twice, with a great R:R
The answer of noobs falls in those categories:

1. I saw it in my charts BUT I do not trade it because I am a liar or an idiot
2. Cannot explain anything, follow the chart is all there, but my fantastic entry was there OH!!!
3. My system works (that they believe) only under some conditions
4. Say to others : noob trader (3dots) - easily(2dots) = 1 IDIOT except from noob

I ask for someone to show us if their system work for that specific case! It is not about sample size as @TradeMinim says, the case is one and only.

Three people say that they predict it

https://www.forexfactory.com/showthr...5#post12475675
https://www.forexfactory.com/showthr...6#post12476206
https://www.forexfactory.com/showthr...7#post12475697

but I do not see any clues other than BS!

Why is so difficult to say we did not predict it and it is not possible to do it!!!!
Stop using OANDA!You will lose money,they stop PRACTICE accnts, kept SPIKES
  • #14
  • Aug 31, 2019 8:53am Aug 31, 2019 8:53am
Quoting rtopa43
{quote} The answer of noobs falls in those categories: 1. I saw it in my charts BUT I do not trade it because I am a liar or an idiot 2. Cannot explain anything, follow the chart is all there, but my fantastic entry was there OH!!! 3. My system works (that they believe) only under some conditions 4. Say to others : noob trader (3dots) - easily(2dots) = 1 IDIOT except from noob I ask for someone to show us if their system work for that specific case! It is not about sample size as @TradeMinim...
Because most of them aren't consistent traders, with no verified trading record, and having their Big ego in the forum
  • #15
  • Aug 31, 2019 8:56am Aug 31, 2019 8:56am
Quoting rtopa43
Hi, Today we had a drop in EURUSD. Most of traders in EURUSD and EURUSD Only failed to see it. I call all the Trading Systems authors/followers to saw to the community here if their system worked/would work in that case. Cheers {image}
There were clear sell set ups on the E$ all morning, and technical reasons for selling (any move up in the E$ provides an opportunity to sell). The sharp sell off you are highlighting was launched as a result of the Trump news, but the level hit was predictable. Aside from all that, I'm not sure what you're asking.
  • #16
  • Aug 31, 2019 10:42am Aug 31, 2019 10:42am
Hi Guys,
I never cease to be amazed by traders. I have seen many wrong calls on Fx street and I had a couple wrong myself. The fact of the matter is that you will not get it right all the time. You get it wrong and you move on, as simple as that. What is the big issue here?. There are some posters that claim winners after the fact, good on you and to be honest I don't even look at your posts. Show live consistent entries and you will have my attention.
Trade safe,
Cheers
Trade to trade another day
  • #17
  • Aug 31, 2019 11:34am Aug 31, 2019 11:34am
Quoting profitfarmer
{quote} Tweets can't be traded, but the levels afterwards...why not? {quote} Perhaps that 2019 low on his chart should be a giveaway clue for the move right there?
tweets can be traded, I often trade them and you don't need to be on the mark.
  • #18
  • Aug 31, 2019 12:46pm Aug 31, 2019 12:46pm
Quoting GEfx
{quote} There were clear sell set ups on the E$ all morning, and technical reasons for selling (any move up in the E$ provides an opportunity to sell). The sharp sell off you are highlighting was launched as a result of the Trump news, but the level hit was predictable. Aside from all that, I'm not sure what you're asking.
What I am asking? A strategy (and even better someone that actually take the sell off trade) that actually can trade sell offs.
I am not able to see it but I would like! You say that there were technical reasons for selling, could you elaborate?
I am hearing about Trump could you show me that news?

Quoting Marcieny
{quote} I see it {image}
Thanks.I see many options here could you elaborate?

Quoting Wavegarrick
Hi Guys, I never cease to be amazed by traders. I have seen many wrong calls on Fx street and I had a couple wrong myself. The fact of the matter is that you will not get it right all the time. You get it wrong and you move on, as simple as that. What is the big issue here?. There are some posters that claim winners after the fact, good on you and to be honest I don't even look at your posts. Show live consistent entries and you will have my attention. Trade safe, Cheers
I know all that. The diff is that You get "it wrong and you move on" but learn something!
Stop using OANDA!You will lose money,they stop PRACTICE accnts, kept SPIKES
  • #19
  • Aug 31, 2019 1:24pm Aug 31, 2019 1:24pm
Quoting rtopa43
{quote} What I am asking? A strategy (and even better someone that actually take the sell off trade) that actually can trade sell offs. I am not able to see it but I would like! You say that there were technical reasons for selling, could you elaborate? I am hearing about Trump could you show me that news? {quote} Thanks.I see many options here could you elaborate? {quote} I know all that. The diff is that You get "it wrong and you move on" but learn something!
This pair has not yet finished its cycle ... is trapped in a triangle.

maybe a big buy in the future.
  • #20
  • Aug 31, 2019 1:41pm Aug 31, 2019 1:41pm
Quoting tropical_g
{quote} tweets can be traded, I often trade them and you don't need to be on the mark.
Read again...I said their aftermath can be.
Good luck predict when Trump feel to send out one, and be in position ahead.
But you know, whatever you are saying...
there is always, always another trade!!
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