Understand the Game | Page 28 | Forex Factory

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Understand the Game

  • #541
  • Oct 19, 2019 9:28pm Oct 19, 2019 9:28pm
Quoting sabaeza2
Hey guys, just started trading and found this forum. Please excuse me if Im in the wrong place for these questions... So I was trading GBP/CAD this morning and was at a loss on two trades. I was going to let it play out howeever I was not aware of the markert closing fridays. With that being said Im wondering what I should do/ expect. I didnt have stop losses on these trades which Im finding out the hard way is very neccessary.
gbp is crazy, no good for beginner, maybe eurusd is better
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  • #542
  • Oct 20, 2019 12:51pm Oct 20, 2019 12:51pm
Have a green week.
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  • #543
  • Oct 20, 2019 11:58pm Oct 20, 2019 11:58pm
Closed it, wants more retrace, daily bull weaker, and we are sitting on H4 refresh supply
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  • #544
  • Oct 21, 2019 3:14am Oct 21, 2019 3:14am
Quoting wiserltz
Closed it, wants more retrace, daily bull weaker, and we are sitting on H4 refresh supply {image} {image}
Nice start
First trade today ... and now I´m to UJ, EG, GU, GJ and UCHF (again)
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  • #545
  • Oct 21, 2019 4:15am Oct 21, 2019 4:15am
GU take 2 risky short at previous wick high, close the lower one
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  • #546
  • Oct 21, 2019 4:43am Oct 21, 2019 4:43am
Quoting wiserltz
GU take 2 risky short at previous wick high, close the lower one {image} {image}
In that kind of movement I prefer to get in the pullback if it happens, but was a good trade anyway
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  • #547
  • Oct 21, 2019 5:23am Oct 21, 2019 5:23am
No long term plan, just chasing short term momentum
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  • #548
  • Oct 21, 2019 10:06am Oct 21, 2019 10:06am
IMO safe but bad RR, the reson is PA sit on the lower edge of supply vaccuum area
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  • #549
  • Oct 21, 2019 12:00pm Oct 21, 2019 12:00pm
Hahahahaaaaaaaaaaaaaaaaaaaaaaaaaaa
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  • #550
  • Oct 21, 2019 8:58pm Oct 21, 2019 8:58pm
Good, let us see Myfxbook buy/sell ratio can go to 100%
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  • #551
  • Oct 22, 2019 6:22am Oct 22, 2019 6:22am
Scalping the spike that forcing profit take
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  • #552
  • Oct 22, 2019 8:28am Oct 22, 2019 8:28am
Quoting wiserltz
Scalping the spike that forcing profit take {image}
I was focused on EG making my day and didn't even notice UC, it was a great setup
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  • #553
  • Oct 22, 2019 9:10am Oct 22, 2019 9:10am
Quoting fxprimate
{quote} I was focused on EG making my day and didn't even notice UC, it was a great setup {image}
Yes, on daily, still has space to go down, so I think this is only some trick to shake off upper sellers
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  • #554
  • Oct 22, 2019 9:57am Oct 22, 2019 9:57am
Should stick to the plan
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  • #555
  • Oct 22, 2019 9:57am Oct 22, 2019 9:57am
Quoting wiserltz
{quote} Yes, on daily, still has space to go down, so I think this is only some trick to shake off upper sellers {image}
Yep, it looks like the herd is buying ... a walk to the slaughterhouse
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  • #556
  • Oct 22, 2019 8:57pm Oct 22, 2019 8:57pm
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  • #557
  • Oct 23, 2019 2:31am Oct 23, 2019 2:31am
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  • #558
  • Oct 23, 2019 3:00am Oct 23, 2019 3:00am
Quoting wiserltz
{image}
Play the price too much! Stopped out by the tricky PA
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  • #559
  • Oct 23, 2019 3:03am Oct 23, 2019 3:03am
This is simple, no need to takecare of HTF trend
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  • #560
  • Oct 23, 2019 4:38am Oct 23, 2019 4:38am
Tomorrow may be a good day to buy (lots of news) EU (I'll keep an eye on it), today they should accumulate more sellers, if that is the plan.
Meanwhile I'm trying to get an opportunity to sell the Loonie today and make my day.

Good luck
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