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EURUSD

  • #1,171,261
  • May 31, 2020 12:16pm May 31, 2020 12:16pm
Guys, read this well:

There is no one tool alone that works. It is a combination of many tools that makes up a full system that may work for you if created/understood well by yourself and applied in real live trading like it is without psychology interference(that is fear and greed) and have given good results for some period.
But wait, you didn't succeed yet! Until you mastered the art of adding that extra or bonus to your trading from time to time, that is NOT a tool or indicator you should add BUT it's a sense of major turning point in the market that sets you into two options, stand aside OR take the gamble and play that game with somehow tight SL.

This extra or bonus comes out from your MIND at critical times and it makes all the difference because whatever your system is real good, there is not really one system that is right and the other is wrong.

Why?

Simply, because the market will always have not 1 BUT 2 ways to go, especially nowadays and especially with EU.
The days that market price action started an up or downtrend and went all the way 500+ pips had died long time ago. Today there is clear signal of uptrend tomorrow it switches to downtrend and so on..no real market direction established. Although trading higher time frames will save you more than others.
Of course talking about real trading through trends, swings, breakouts NOT some scalping that will kill your account sooner or later!

Market trading is NOT easy and it ALWAYS needs a STRONG MIND because it will ALWAYS try to fuck it up
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #1,171,262
  • May 31, 2020 12:28pm May 31, 2020 12:28pm
Anyway. Enough of that. I am bullish on eu for this week, though we do have major news all week so will trade accordingly. At the moment it’s an uptrend in tell proven down trend I will be looking for buys only. I will chart in a couple of hours.
Master your mind. Master Trading.
  • #1,171,263
  • May 31, 2020 12:52pm May 31, 2020 12:52pm
I'll be waiting for the assets managers to cool off their longs before jumping in hard on the long side

I may be wrong, but i'm patient

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COT: The precious data ignored
  • #1,171,264
  • May 31, 2020 1:30pm May 31, 2020 1:30pm
Quoting princeali115
{quote} I said this to you yesterday and still no response ?
For the past 14 years I have been trading a zero risk 100% profit method, I said method not trading system and getting paid for it , per profit trade, and all old members know it
  • #1,171,265
  • May 31, 2020 1:33pm May 31, 2020 1:33pm
Quoting PatienceFx
{quote} For the past 14 years I have been trading a zero risk 100% profit method, I said method not trading system and getting paid for it , per profit trade, and all old members know it
It doesn't exist, sorry to ruin your plans
COT: The precious data ignored
  • #1,171,266
  • May 31, 2020 1:45pm May 31, 2020 1:45pm
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
[quote = PatienceFx; 12973828] {quote} Nos últimos 14 anos, venho negociando um método de lucro com 100% de risco zero, afirmei que o método não é negociar sistema e é pago por isso, por negociação de lucro, e todos os membros antigos o conhecem [ /citar]
Hello
can you explain this system to me?
I got curious
Studing..............
  • #1,171,267
  • May 31, 2020 1:55pm May 31, 2020 1:55pm
Quoting kuroro001
{quote} It doesn't exist, sorry to ruin your plans
He is speaking of lot rebate, maybe affilates. He gets money from the broker even if he loses trades. So when he says “%100” he is not speaking of trading
Master your mind. Master Trading.
  • #1,171,268
  • May 31, 2020 2:01pm May 31, 2020 2:01pm
Quoting ChiForex
Guys, read this well: There is no one tool alone that works. It is a combination of many tools that makes up a full system that may work for you if created/understood well by yourself and applied in real live trading like it is without psychology interference(that is fear and greed) and have given good results for some period. But wait, you didn't succeed yet! Until you mastered the art of adding that extra or bonus to your trading from time to time, that is NOT a tool or indicator you should add BUT it's a sense of major turning point in the market...
I agree in most of what you said except on your perspective towards scalping. No, it won't kill your account, if you know how to scalp. Yes, it will always try to fuck it up, they have plenty of ways to set the traps. But if you practice the concept of "rabbit smoking a pipe", you are confident and can set your own traps and can go for a kill. Ever heard of a notorious scalper name Digger1 and Aussie? Go find them here... Digger1 not only making live calling, he is also teaching how to do it... and it is free. You might learn a thing or two and one day become a scalper like them. Cheers!
Only an idiot knows with certainty to where the market is going.
  • #1,171,269
  • May 31, 2020 2:08pm May 31, 2020 2:08pm
Quoting MrBullBear
{quote} I agree in most of what you said except on your perspective towards scalping. No, it won't kill your account, if you know how to scalp. Yes, it will always try to fuck it up, they have plenty of ways to set the traps. But if you practice the concept of "rabbit smoking a pipe", you are confident and can set your own traps and can go for a kill. Ever heard of a notorious scalper name Digger1 and Aussie? Go find them here... Digger1 not only making live calling, he is also teaching how to do it... and it is free. You might learn a thing or...
Agreed, though Im personally not a scalper, I know a guy who does it very well. Scalping is legit way of trading and can be profitable indeed!
Master your mind. Master Trading.
  • #1,171,270
  • Edited 2:38pm May 31, 2020 2:18pm | Edited 2:38pm
Quoting SilentFather
{quote} Would not say. Yes. But what does it mean? It Is impossible? Oh cmon.. Yeah sure I got DD, but it Is like 0 to 2 Pips? What kind of drawdown Is that? Literally nothing. Will show that later. Now lets go EURUSD. One more thing. Would anyone here ignore me too, like our "full time trader" with no Proof at all, saying Fibonacci Is a great Tool And whoever does not agree or want to just talk about it = block. This Is where we ended with society. I don't agree, block and bye. Everything people can do, funny. SF
If you really have drawdown like that, then I want to know what you are doing, because I would like to have the same results.
Learn from your mistakes and march on.
  • #1,171,271
  • May 31, 2020 2:20pm May 31, 2020 2:20pm
My 2 cent of what can happen in a couple of week.
USD CRASHING.
with high rate unemployment rate. These riots crashing stores. Now many stores are shutting down.... it is only getting worst.
Trade what you see, take what the market gives you.
  • #1,171,272
  • May 31, 2020 2:21pm May 31, 2020 2:21pm
Quoting VuLe
My 2 cent of what can happen in a couple of week. USD CRASHING. with high rate unemployment rate. These riots crashing stores. Now many stores are shutting down.... it is only getting worst.
USD is safe haven...things you mentioned only make it stronger. The more riots in the US, the better for USD.
Everyone can see the chart, but only a few can actually read it.
  • #1,171,273
  • May 31, 2020 2:36pm May 31, 2020 2:36pm
Quoting OnlineAddict
{quote} USD is safe haven...things you mentioned only make it stronger. The more riots in the US, the better for USD.
Usd is not the only safe haven though
Master your mind. Master Trading.
  • #1,171,274
  • May 31, 2020 2:37pm May 31, 2020 2:37pm
Quoting princeali115
{quote} Usd is not the only safe haven though
This is the EURusd thread.
Everyone can see the chart, but only a few can actually read it.
  • #1,171,275
  • May 31, 2020 2:53pm May 31, 2020 2:53pm
Quoting princeali115
{quote} Usd is not the only safe haven though
Waiting for chf & jpy to get dumped (jpy on a large scale)

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But USD remains the winner of the safe haven currency
COT: The precious data ignored
  • #1,171,276
  • May 31, 2020 3:00pm May 31, 2020 3:00pm
Quoting OnlineAddict
{quote} This is the EURusd thread.
yes it is im not sure what ur point is? i am speaking of usd lol

and besides there are no rules with this thread so i can speak of other pairs if i choose to do so!
Master your mind. Master Trading.
  • #1,171,277
  • May 31, 2020 3:07pm May 31, 2020 3:07pm
I am looking for buy opportunities only as of right now. If we break and start making lower highs and lower lows then i will sell. For now its buyers territory!

Remember we got lots and lots of major news in the market for this week so trade carefully. Tomorrow's USD is expected to receive a positive ISM Manufacturing PMI
This could bring eur back down but for now i will keep my eye on price action to watch what smart money is doing!

Good luck everyone! have a good trading week
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Master your mind. Master Trading.
  • #1,171,278
  • May 31, 2020 3:32pm May 31, 2020 3:32pm
Here's my take on the EURUSD, from the technical perspective of a swing trader. Recent EURUSD market operation has been generally sideways. On the weekly time frame, last week, market operation printed a bullish continuation candlestick within a consolidating pattern in the form of a rising triangle (blue). It is presently located at the upper part of the triangle. Any further bullish pressure may see market operation retest the 1.12000/1.12330 zone, which was the origin of a bearish drop in March. On the daily time frame, technicals still favour bulls but the momentum is in decline. As a swing trader, I will await how the market handles the 1.12000/1.12330 zone in the early part of this week.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #1,171,279
  • May 31, 2020 3:41pm May 31, 2020 3:41pm
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
[quote = princeali115; 12973913] Estou procurando oportunidades de compra apenas a partir de agora. Se quebrarmos e começarmos a fazer altas e baixas mais baixas, então eu venderei. Por enquanto o território de seus compradores! Lembre-se de que temos muitas e muitas novidades importantes no mercado para esta semana, então negocie com cuidado. Espera-se que o dólar de amanhã receba um PMI ISM de manufatura positivo Isso pode reduzir o euro, mas por enquanto vou ficar de olho na ação dos preços para observar o que o dinheiro inteligente está fazendo! Boa sorte a todos! tenha uma boa semana de negociação {image} [/ quote]
No doubt, you are right.
1,1190 will be the target
I can't tell you, how low it will go before :/
Studing..............
  • #1,171,280
  • May 31, 2020 3:58pm May 31, 2020 3:58pm
Quoting Mr. Pip
Well Traders I guess they will not change me back. To this date after many emails and reaching out to your suggestions nothing. So I guess they do not care. What should I do now? I can’t even respond to more than one PM within 24 hours. This is complete BS. I can’t function like this. Too inefficient and very counter productive. Starting a new thread is also not an answer as it would not be in the none commercial content area and I would have the same restrictions. I wonder what I have been torpedoed and by who?
It doesn't seem right that this thread https://www.forexfactory.com/showthread.php?t=402253 after 2.5k of pages and hours+hours of a videos that this thread has been taken to the commercial content of the website with no explanation of why. FF Admin are silent. Imo Mr Pip (who was a "high impact" trader before being tagged as "commercial") is one of the best contributors to the FF site. In his live streamed videos he has a no BS attitude so that losses are seen as well as his wins. Any who follow him can testify to never seeing one piece of commercial advertisement.

What's the percent on these days 98%-95% of traders fail? I believe him to be one of the 2%. Cruel to all those newbies who aren't going to see his thread because it's now on the "commercial" channel.
As the lights go by so too do the shadows move
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