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  • #1,164,441
  • Mar 17, 2020 7:22am Mar 17, 2020 7:22am
hypothesis1
liquidity(stop losses) = price magnet.
patience...
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At its best, change itself becomes a lifestyle.
  • #1,164,442
  • Mar 17, 2020 7:24am Mar 17, 2020 7:24am
Quoting F.g
L= 1.10 00 ....I am doing NO bottompicking........... Just watching.............................
keep your hands clean and washed
  • #1,164,443
  • Mar 17, 2020 7:34am Mar 17, 2020 7:34am
I am just waiting on S61 1.09446 to be hit, know it is asking for a lot today, but we will see. We are already well past the ADR. If not today then tomorrow.
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,164,444
  • Mar 17, 2020 7:51am Mar 17, 2020 7:51am
Quoting smikester
I sincerely hope some who have been posting on this thread (especially around 6am until 10am London time) are not trading with real money.
While I am trading with real money, I didn't touched it today - at least yet, but for testing purposes my demo account is in serious drawdown, but not such a huge damage as it has survived worst days.

Just for information.
Looking for profitable short term trades ...|
  • #1,164,445
  • Mar 17, 2020 7:53am Mar 17, 2020 7:53am
long taken 1.0985 sl 12 pips on live
  • #1,164,446
  • Mar 17, 2020 7:56am Mar 17, 2020 7:56am
As posted at end of February regarding the dip forming, the dip has now formed on the 1D and we should continue downward.
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,164,447
  • Mar 17, 2020 8:19am Mar 17, 2020 8:19am
To all those trying to hit the retrace against the trend, I hope you keep track of how many pips you win vs how many you lose. If not try keeping track for a month, bet you will rarely go against trend anymore. That is a great way to get caught in drawdown and be forced to miss the big moves with the trend. I have already taken some profit today from my positions and currently have close to 300 pips this week on this pair. I say this not to brag, but it is far more than I would have if going against the trend. Last night I posted that I had 2 losses and were dumb mistakes, guess what I did, yep. Got greedy and went for a few extra pips. I only lost a very very small amount of pips on both trades, but they were still losses. There are some people who trade well against the trend, but most cannot win consistently and get hurt or miss opportunities because they are stuck. Hope everyone makes a lot of money this week, stay green.
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,164,448
  • Mar 17, 2020 8:22am Mar 17, 2020 8:22am
Quoting PatienceFx
long taken 1.0985 sl 12 pips on live
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  • #1,164,449
  • Mar 17, 2020 8:40am Mar 17, 2020 8:40am
Quoting PatienceFx
long taken 1.0985 sl 12 pips on live
that was way too fast
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  • #1,164,450
  • Mar 17, 2020 8:43am Mar 17, 2020 8:43am
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yes yes yes
  • #1,164,451
  • Mar 17, 2020 8:46am Mar 17, 2020 8:46am
Quoting OhComeOn
To all those trying to hit the retrace against the trend, I hope you keep track of how many pips you win vs how many you lose. If not try keeping track for a month, bet you will rarely go against trend anymore. That is a great way to get caught in drawdown and be forced to miss the big moves with the trend. I have already taken some profit today from my positions and currently have close to 300 pips this week on this pair. I say this not to brag, but it is far more than I would have if going against the trend. Last night I posted that I had 2 losses...
keep your wife / girlfriend close, who ....

  1. yells at you for every loss trade
  2. gives you a hug and a kiss on a profit trade

its magical, your trading will improve so fast that you will never make loosing trades

  • #1,164,452
  • Mar 17, 2020 10:05am Mar 17, 2020 10:05am
L= 1.09 55 .......We are at 75.3% correction from top..........Enough is enough ..... I start longing here.......
  • #1,164,453
  • Mar 17, 2020 11:08am Mar 17, 2020 11:08am
Quoting PatienceFx
{quote} keep your wife / girlfriend close, who ....
But not in the same room!
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,164,454
  • Mar 17, 2020 11:39am Mar 17, 2020 11:39am
Quoting OhComeOn
To all those trying to hit the retrace against the trend, I hope you keep track of how many pips you win vs how many you lose. If not try keeping track for a month, bet you will rarely go against trend anymore. That is a great way to get caught in drawdown and be forced to miss the big moves with the trend.
This is true. But sometimes it makes sense to take the path of a contrarian. The trick is knowing when it is the right time to do so.
Learn from your mistakes and march on.
  • #1,164,455
  • Mar 17, 2020 12:18pm Mar 17, 2020 12:18pm
Expecting EU to go over 11500 from where it is now
POSTMASTER
  • #1,164,456
  • Mar 17, 2020 12:45pm Mar 17, 2020 12:45pm
Quoting Robinhood1
Expecting EU to go over 11500 from where it is now
Nothing is going up until this virus is fixed. Nothing. EUR and other currencies are falling down. EURUSD is bearish. It is going down. Now markets are only moved by fundamentals nothing else. I do not know where did you get that EURUSD will go up from here going over 1.1150. I have no clue. Maybe you can share a chart and explain.
  • #1,164,457
  • Mar 17, 2020 12:46pm Mar 17, 2020 12:46pm
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POSTMASTER
  • #1,164,458
  • Mar 17, 2020 12:48pm Mar 17, 2020 12:48pm
Quoting Robinhood1
{image}
\\

EURUSD daily.
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  • #1,164,459
  • Mar 17, 2020 12:57pm Mar 17, 2020 12:57pm
Quoting Robinhood1
{image}
Looking at one hour chart, according to your analysis this will go up almost 500 pips from here?
  • #1,164,460
  • Mar 17, 2020 1:00pm Mar 17, 2020 1:00pm
Quoting Techanalyst
{quote} Looking at one hour chart, according to your analysis this will go up almost 500 pips from here?
I will answer you once it reaches 11500
POSTMASTER
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