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Daily Trading Ideas

  • #45,021
  • Jan 28, 2020 10:11am Jan 28, 2020 10:11am
Quoting RCtrader
In spite of that inverted H&S on the 5m chart (gbpusd), I would rather have the price go downwards. GBPUSD 27-31 January EURUSD 27-31 January
My opinion on your GBP/USD setup is that you should be careful with that setup on the 4h chart. In the 4h it made a W and the pair is consolidated so it will tend not to break the consolidation and every W is an harmonic pattern wich emplys the price will move down, so thats my opinion on that. GBP/JPY made a similar move now and i did catch the pips not only of the last leg of the W but also another whatever pips from that next move down like in GU.

Stay green... Always!
  • #45,022
  • Jan 28, 2020 10:16am Jan 28, 2020 10:16am
Guys I'd love to know if you know any website or video or even if you can talk me about news and its impact on the currency. I don't take news into consideration in my trading wich i know i shouldn't be doing but i want to start to.

Stay green... Always!
  • #45,023
  • Jan 28, 2020 12:06pm Jan 28, 2020 12:06pm
Quoting xnaro
Guys I'd love to know if you know any website or video or even if you can talk me about news and its impact on the currency. I don't take news into consideration in my trading wich i know i shouldn't be doing but i want to start to. Stay green... Always!
Go to homepage and you’ll see flags for each news. Also forexlive has a telegram group and it sends automatically the news by message with title and link.
Timbeeeer & Kaboooom
  • #45,024
  • Jan 28, 2020 1:10pm Jan 28, 2020 1:10pm
Quoting Bahaalden
Status of the 1k account, after closing all trades and leave some for big target on gold thanks akim {image}
I trade on 1 lot, price goes 82 to 81, i make $1. Why?
  • #45,025
  • Jan 28, 2020 1:11pm Jan 28, 2020 1:11pm
Quoting akim0895
slowly bedtime maybe tomorrow will stay late fomc day..
Waiting for gu trades, that'll make my account burn
  • #45,026
  • Jan 28, 2020 2:37pm Jan 28, 2020 2:37pm
Quoting manojaum
How you guys are identifying entry once MA5 goes out of the BB upper or lower end? I couldn't understand this part clearly. If someone can help it would be great. In the gold 15min chart, MA5 went out of BB at 1570 and then bounced back {image}
will explain later
just for a cup of coffee...
  • #45,027
  • Jan 28, 2020 2:38pm Jan 28, 2020 2:38pm
GD all
just for a cup of coffee...
  • #45,028
  • Jan 28, 2020 2:39pm Jan 28, 2020 2:39pm
Quoting stillbroke10
{quote} Waiting for gu trades, that'll make my account burn
ha ha..
don’t worry
price will come to us
just for a cup of coffee...
  • #45,029
  • Jan 28, 2020 2:51pm Jan 28, 2020 2:51pm
GD Akim, GD everyone. Im back after a long holiday. Hope eveyone here stays green
  • #45,030
  • Jan 28, 2020 3:15pm Jan 28, 2020 3:15pm
Gd day all. Gd day Akim.
I’m new here and just reading and trying to follow your group. Hope to understand things and build some confidence to trade.
  • #45,031
  • Jan 28, 2020 3:17pm Jan 28, 2020 3:17pm
Quoting manojaum
How you guys are identifying entry once MA5 goes out of the BB upper or lower end? I couldn't understand this part clearly. If someone can help it would be great. In the gold 15min chart, MA5 went out of BB at 1570 and then bounced back {image}
HI,
hope this notes might help...
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM15.png Size: 119 KB
If you don't know how to earn money, don't loose it.
  • #45,032
  • Jan 28, 2020 3:17pm Jan 28, 2020 3:17pm
Quoting leonelaus
GD Akim, GD everyone. Im back after a long holiday. Hope eveyone here stays green
welcome back..
they all are BURNing their account mate
just for a cup of coffee...
  • #45,033
  • Jan 28, 2020 3:27pm Jan 28, 2020 3:27pm
Quoting Hanbikers
Gd day all. Gd day Akim. I’m new here and just reading and trying to follow your group. Hope to understand things and build some confidence to trade.
welcome around
just for a cup of coffee...
  • #45,034
  • Jan 28, 2020 3:39pm Jan 28, 2020 3:39pm
Quoting stillbroke10
{quote} I trade on 1 lot, price goes 82 to 81, i make $1. Why?
Akim, can you explain the reason of this?
  • #45,035
  • Jan 28, 2020 3:42pm Jan 28, 2020 3:42pm
Quoting stillbroke10
{quote} Akim, can you explain the reason of this?
i’m not understand your question there mate?
just for a cup of coffee...
  • #45,036
  • Jan 28, 2020 3:53pm Jan 28, 2020 3:53pm
Quoting Hutch
{quote} I think that BREXIT and the interest rates will be non event but if the GBP goes too far down or up the UK will be in deep water because it's a net importer country.
about rate usually no impact..
but for brexits still doubts if no impacts
also lately we can watch that gbp pairs back to have impact from their data release..
just for a cup of coffee...
  • #45,037
  • Jan 28, 2020 3:58pm Jan 28, 2020 3:58pm
Quoting akim0895
{quote} welcome back.. they all are BURNing their account mate
as long as they learn from the mistakes, they can get the back mate
  • #45,038
  • Jan 28, 2020 3:59pm Jan 28, 2020 3:59pm
Quoting akim0895
{quote} about rate usually no impact.. but for brexits still doubts if no impacts also lately we can watch that gbp pairs back to have impact from their data release..
If you're trading 1 lot from your account, you open long at 1582, close at 1585. How much money will it make?

Sounds like a really stupid question
  • #45,039
  • Jan 28, 2020 4:03pm Jan 28, 2020 4:03pm
Quoting stillbroke10
{quote} If you're trading 1 lot from your account, you open long at 1582, close at 1585. How much money will it make? Sounds like a really stupid question
I think depending on the leverage you chose on your broker. Not everyone choose the same. For example, 1 standard lot on 1k account, with 1:500 leverage would be different in comparison to 1 standard lot with 1:50
  • #45,040
  • Jan 28, 2020 4:06pm Jan 28, 2020 4:06pm
Quoting leonelaus
{quote} I think depending on the leverage you chose on your broker. Not everyone choose the same. For example, 1 standard lot on 1k account, with 1:500 leverage would be different in comparison to 1 standard lot with 1:50
Is there like a leverage that is better than the rest? Or it just depends on what suits your trading style?
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