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General Trading Chat / Ideas

  • #9,361
  • Sep 27, 2019 4:15pm Sep 27, 2019 4:15pm
one of the things i have not said is some little things like i put sell limits and buy limits in place when i believe where the chart might go so i do not miss some trades i do not do it all the time on charts but like last night while snoring on gold a sell limit was in place and it made good money just little things like drawing lines to see a bigger picture
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  • #9,362
  • Sep 27, 2019 4:15pm Sep 27, 2019 4:15pm
Happy with my trading, I am averaging around 10% a week....Seems a lot I know, but my goals is 15% per week...working towards that....
trading is simple but is simple is not easy.
  • #9,363
  • Sep 27, 2019 4:16pm Sep 27, 2019 4:16pm
Quoting ZenNy
Happy with my trading, I am averaging around 10% a week....Seems a lot I know, but my goals is 15% per week...working towards that....
tht is awesome bud ,, you doing wht is said cant be done too
  • #9,364
  • Sep 27, 2019 4:17pm Sep 27, 2019 4:17pm
Quoting digger1
{quote} dont recall selling anything ,,, get a bigger kick out helping people try to find something tht make even a few extra bucks a week ,,,, ,, it doesent happen with the same ole tired shit ,,, difficult with a large acct ,, even more so with a small one ,, many traders come and gone tht had some intersting things to help one from tht kinda shit ,,,, it means nothing ,, get a live acct and go to it ,,
im not saying your selling anything digger but the cleaver money is banking from traders
Turn your wounds into wisdom
  • #9,365
  • Sep 27, 2019 4:18pm Sep 27, 2019 4:18pm
i see a lot of people come to the tread to look , i see some people who used to post here but most want to learn
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  • #9,366
  • Sep 27, 2019 4:20pm Sep 27, 2019 4:20pm
Quoting Bk55
{quote} im not saying your selling anything digger but the cleaver money is banking from traders
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  • #9,367
  • Sep 27, 2019 4:23pm Sep 27, 2019 4:23pm
Quoting Aussi
{quote}
i dont wont to go into it Aussi
Turn your wounds into wisdom
  • #9,368
  • Sep 27, 2019 4:24pm Sep 27, 2019 4:24pm
Quoting ZenNy
Happy with my trading, I am averaging around 10% a week....Seems a lot I know, but my goals is 15% per week...working towards that....
very nice trading , very few traders make that kind of money well done
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  • #9,369
  • Sep 27, 2019 4:24pm Sep 27, 2019 4:24pm
Quoting Bk55
{quote} im not saying your selling anything digger but the cleaver money is banking from traders
only because most see the potential ,, and with tht comes the snake oil people ,,, they cant do but they can sell some shit,,, they can doctor bout anything to make it look real,, and people scarf it up ,, but what a chart does,,, tht everyone is looking at, everyone can see it ,, it cant be doctored ,,, at all
  • #9,370
  • Sep 27, 2019 4:28pm Sep 27, 2019 4:28pm
Quoting digger1
{quote} only because most see the potential ,, and with tht comes the snake oil people ,,, they cant do but they can sell some shit,,, they can doctor bout anything to make it look real,, and people scarf it up ,, but what a chart does,,, tht everyone is looking at, everyone can see it ,, it cant be doctored ,,, at all
very true mate , and my eyes opened again
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  • #9,371
  • Sep 27, 2019 4:31pm Sep 27, 2019 4:31pm
Quoting Aussi
{quote} very true mate , and my eyes opened again
lol,, like real life ,, bigger the potential or prize ,, the more of them people there are to take advantage ,,, and they do
  • #9,372
  • Sep 27, 2019 4:33pm Sep 27, 2019 4:33pm
Quoting digger1
{quote} only because most see the potential ,, and with tht comes the snake oil people ,,, they cant do but they can sell some shit,,, they can doctor bout anything to make it look real,, and people scarf it up ,, but what a chart does,,, tht everyone is looking at, everyone can see it ,, it cant be doctored ,,, at all
if what everyone can see worked the market wouldn't exist you have be different from the crowd
Turn your wounds into wisdom
  • #9,373
  • Sep 27, 2019 4:34pm Sep 27, 2019 4:34pm
Quoting MrBullBear
{quote} They were shorting and they didn't even warned me? Lol. No, my purpose on staying and keeping my long open for a week is to observe price action you mentioned. I believe i will be more focus and observant if i have open trade so i can sacrifice a few. But volatility is low and my leverage is not much so, it won't cost me much. The learning though is beneficial. The problem is, up to now, i don't know how price action will be beneficial. It goes up and down on a certain level, how will i know which level is next, how will...
Good point, that is why you do not trade levels but you trade price action or patterns around support resistance confirmed by a trend bar in the direction of your trade.

And you should also not trade every trend bar at all support and resistance but only the best trades which are: a)pullback at the average in a trend, b)a major reversal c) and fading range at the extreme.

Only trade the majors and your trades and analysis must be done on the 60m time frame and not less. Take only one two trades per day and with consistency raise your stake not the number of trades.

And with time you will be fine. You are right, the is a lot of BS on trading, scammers will not only be driven by money by also by ego.
trading is simple but is simple is not easy.
  • #9,374
  • Sep 27, 2019 4:38pm Sep 27, 2019 4:38pm
Quoting Bk55
{quote} if what everyone can see worked the market wouldn't exist you have be different from the crowd
yep and using same shit does tht for one too right ,, some definitely worth knowing ,, but it is still the same shit
  • #9,375
  • Edited 4:53pm Sep 27, 2019 4:41pm | Edited 4:53pm
riding a bike better than someone else dont do much ,unless your racing ,and even racing its like a herd all within a little bit of each other , , a corvette wont even compare ,, till it runs out of gas ,, then maybe by time person walks and gets gas the bikes may be closer ,,,, or one learns to not run out of gas by time bikes get to point B the corvette has been and there and back several times ,, if there was money to be made at each end who wins draw a damn line have a little fun make a few posts collect on to next one learn how to get a few between the lines ,, if ya miss the line either learn or wait ,, nothing goes in a strait till it does ,, a few simple things will have one on the right side
  • #9,376
  • Sep 27, 2019 4:41pm Sep 27, 2019 4:41pm
Quoting MrBullBear
{quote} They were shorting and they didn't even warned me? Lol. No, my purpose on staying and keeping my long open for a week is to observe price action you mentioned. I believe i will be more focus and observant if i have open trade so i can sacrifice a few. But volatility is low and my leverage is not much so, it won't cost me much. The learning though is beneficial. The problem is, up to now, i don't know how price action will be beneficial. It goes up and down on a certain level, how will i know which level is next, how will i know which direction...
hey hey hey, i put a bloody big chart up for you about AU this morning......showed u what i saw! as digs said and showed....there were shorts and longs to be made today!
  • #9,377
  • Sep 27, 2019 4:42pm Sep 27, 2019 4:42pm
Quoting ZenNy
{quote} Good point, that is why you do not trade levels but you trade price action or patterns around support resistance confirmed by a trend bar in the direction of your trade. And you should also not trade every trend bar at all support and resistance but only the best trades which are: a)pullback at the average in a trend, b)a major reversal c) and fading range at the extreme. Only trade the majors and your trades and analysis must be done on the 60m time frame and not less. Take only one two trades per day and with consistency raise your stake...
ITS ALL ABOUT THE CASH , thats all it is not ego you make 10% is that ego zenNy , 3 trades a week or 100 trades a day its still about the money
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  • #9,378
  • Sep 27, 2019 4:44pm Sep 27, 2019 4:44pm
Quoting Jp1
{quote} hey hey hey, i put a bloody big chart up for you about AU this morning......showed u what i saw! as digs said and showed....there were shorts and longs to be made today!
and that what it is all about JP MONEY
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  • #9,379
  • Sep 27, 2019 4:46pm Sep 27, 2019 4:46pm
Quoting Aussi
this thread is one of the best threads for learning i have ever seen on forex factory
I agree... now if I would only do what the chart says to do instead of overthinking everything, I might get ahead LOL... sometimes hard to unlearn what one has picked up along the way (which is usually a bunch of garbage.)
  • #9,380
  • Sep 27, 2019 4:49pm Sep 27, 2019 4:49pm
Quoting Rrrracer
{quote} I agree... now if I would only do what the chart says to do instead of overthinking everything, I might get ahead LOL... sometimes hard to unlearn what one has picked up along the way (which is usually a bunch of garbage.)
You hit the nail on the head mate , when learning you take what people are telling you toss out the bullsht and you get some thing to learn with
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