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  • #1,172,381
  • Jun 11, 2020 1:06pm Jun 11, 2020 1:06pm
Quoting MrBullBear
{quote} 50% is great! That is high enough to be successful. Those name you mentioned, I don't know them. But I don't trust someone who sell or promote indis, books or any holy grail even charge for service or signals. That is bullshit to me. It only means they don't understand the market and looking for other ways to earn money. Cheers!
I agree with you and none of them were ever selling indis, books or signal service. The problem with trading is, it is soooo eaaasy to cheat, you show your audience just the profitable trades, you teach them common knowledge, etc, ..

But then you come across someone like those gentlemen and you examine the pic they post , read the comments and go .. damn he knows what he's talking about. It is logical and explains things.

Like for example "liquidity vacuum" (or yesterday's stop loss hunt candle). First time I've read about it was here many years together with the knowledge of how it happens. In fact, most of my knowledge comes from other (ex)traders of this forum.

50% is good only for 1R+ trades. That wasn't the case of Ata who let one of his trades running into -90 only to take profit at around 20. I even asked him whether he did that and he confirmed. Also 211 trades when you trade just 1 pair and you do in average 2 trades a day is 106 trading days or half a year. Who can say he hasn't had a single loss over the span of 6 months trading daily only 1 pair? If you are THAT good, you don't spend your time here. You manage other people's money.

Anyway enough of that and sorry for hijacking the thread.
  • #1,172,382
  • Jun 11, 2020 1:11pm Jun 11, 2020 1:11pm
Quoting VuLe
Just bc I dont trade eu today dont mean I cant trade other pairs xD! UC target 1.3700/1.3750 will tp at 1.36xx and look to reload. Eu too much battle between buyers and sellers right now. May get stuck in consolidation. {image}
posted this an hr ago when uc was about 1.3570... I did say we will be at 1.36xx hopefully someone was able to hop on and grab a couple of pip with me
Trade what you see, take what the market gives you.
  • #1,172,383
  • Jun 11, 2020 1:11pm Jun 11, 2020 1:11pm
Quoting pridolfx
{quote} you are never real trader if you must folow others... you must be no depend from nobody.
You follow to observe and learn then develop your own.. No one learned by themselves. The books you read are created by someone. You can also learn from their mistakes.

Learning from your own is mistake is knowledge. Learning frim others mistake is wisdom. Cheers!
Only an idiot knows with certainty to where the market is going.
  • #1,172,384
  • Jun 11, 2020 1:11pm Jun 11, 2020 1:11pm
Quoting suthmo
And 61.8 G spot it's here Any sign of shaven bottoms?
I think you are looking in the wrong place. But good luck to you.
Gone to a better place
  • #1,172,385
  • Jun 11, 2020 1:11pm Jun 11, 2020 1:11pm
Quoting VuLe
{quote} don’t be like that... trading not a 1 man team. We all see different views, use different strategies. Its call being smart and learning to leverage. It is not about copying others. No offense but your waY of think is narrow minded. If what you say is true. This forum should be shut down. There should be no need for me to share... because everyone will copy right?? I don’t mind people following me. I post because I want to team up with everyone and make money together. 1 day... I will rent out an office and create a team and run the market....
yes you you must decide who will golow otbers or yourself..you know too many cooks spoil the soup
  • #1,172,386
  • Jun 11, 2020 1:14pm Jun 11, 2020 1:14pm
Quoting pridolfx
{quote} yes you you must decide who will golow otbers or yourself..you know too many cooks spoil the soup
I don’t understand your statement... my english is horrible. Sorry. But according to your emoji. I am guessing it is a compliment?? Or sarcasm. Either way don’t be mad at me. I just dont like you strong negative call out. Lets get back on trading!! )
Trade what you see, take what the market gives you.
  • #1,172,387
  • Jun 11, 2020 1:21pm Jun 11, 2020 1:21pm
Quoting mades
{quote} I agree with you and none of them were ever selling indis, books or signal service. The problem with trading is, it is soooo eaaasy to cheat, you show your audience just the profitable trades, you teach them common knowledge, etc, .. But then you come across someone like those gentlemen and you examine the pic they post , read the comments and go .. damn he knows what he's talking about. It is logical and explains things. Like for example "liquidity vacuum" (or yesterday's stop loss hunt candle). First time I've read about it was here many...
That is your observation. FYI, scalpers trades 30-100 per day. And also, be meticulous to whomever you follows. As per me, I don't look for their signals, I look for something to learn from them.

Back to trading, I just entered long. But target change to way lower than previous high on m30. Becouse we have new lower lows, it is best to assume new lower highs. Targeting shoulders.

Disclaimer: I am scalping and I change or abort quickly. Just like market behavior.
Only an idiot knows with certainty to where the market is going.
  • #1,172,388
  • Jun 11, 2020 1:24pm Jun 11, 2020 1:24pm
Quoting VuLe
{quote} don’t be like that... trading not a 1 man team. We all see different views, use different strategies. Its call being smart and learning to leverage. It is not about copying others. No offense but your waY of think is narrow minded. If what you say is true. This forum should be shut down. There should be no need for me to share... because everyone will copy right?? I don’t mind people following me. I post because I want to team up with everyone and make money together. 1 day... I will rent out an office and create a team and run the market....

Can we all focus on tatding alone?

This whole bants on this forum is making me nauseous.

Eurusd started d descend too early.
Was waiting 4 tomorrow.

Happy green day u all.
  • #1,172,389
  • Jun 11, 2020 1:34pm Jun 11, 2020 1:34pm
Quoting briancollins
{quote} Can we all focus on tatding alone? This whole bants on this forum is making me nauseous. Eurusd started d descend too early. Was waiting 4 tomorrow. Happy green day u all.
my bad. Got a bit tiny triggered ended up dragging myself in it. Okay Ill keep it post related. No more post until EU session.
Trade what you see, take what the market gives you.
  • #1,172,390
  • Jun 11, 2020 1:55pm Jun 11, 2020 1:55pm
Previous Day's Low taken out.

I'll be expecting a retrace during London session to aid my Bearish bias.
  • #1,172,391
  • Jun 11, 2020 2:00pm Jun 11, 2020 2:00pm
Switched. How far? We don't know... we just follow.
Only an idiot knows with certainty to where the market is going.
  • #1,172,392
  • Jun 11, 2020 2:29pm Jun 11, 2020 2:29pm
Quoting Mundo
Market has been slaying accounts going short...did anyone think they will not eventually slay those going long...its business as usual for them and all are fair play.
...hoping everyone traded accordingly...
Invest in Life
  • #1,172,393
  • Jun 11, 2020 2:30pm Jun 11, 2020 2:30pm
Quoting ChiForex
Short entered @1.1415 Tp 1.1270s
Almost there for take profit and prepare a long..
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #1,172,394
  • Jun 11, 2020 2:31pm Jun 11, 2020 2:31pm
Quoting MrBullBear
{quote} You follow to observe and learn then develop your own.. No one learned by themselves. The books you read are created by someone. You can also learn from their mistakes. Learning from your own is mistake is knowledge. Learning frim others mistake is wisdom. Cheers!
Usually the part most miss
Invest in Life
  • #1,172,395
  • Jun 11, 2020 2:34pm Jun 11, 2020 2:34pm
Is US dollar turning and going bullish, or is this just a small pull back and there will be bearish move again? Not sure for now, if it holds support area, it is up, if it breaks further down it is still bearish.

EURUSD still bullish. If it breaks 1.1238 support, it should be bearish confirmed. But will see.

GBPJPY and CADJPY still bearish.
Attached Image(s) (click to enlarge)
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  • #1,172,396
  • Jun 11, 2020 2:40pm Jun 11, 2020 2:40pm
Quoting MrBullBear
{quote} FYI, scalpers trades 30-100 per day..
not manually Or if someone is crazy enough ..

Problem with scalping are costs associated with it for retail segment. 100 trades per day is a lot of transaction costs even if you are a vip client and broker charges you the lowest possible fee (which good brokers do btw). But we both know that this wasn't the case.

Good luck with your long trade.
  • #1,172,397
  • Jun 11, 2020 3:06pm Jun 11, 2020 3:06pm
Quoting mades
{quote} not manually Or if someone is crazy enough .. Problem with scalping are costs associated with it for retail segment. 100 trades per day is a lot of transaction costs even if you are a vip client and broker charges you the lowest possible fee (which good brokers do btw). But we both know that this wasn't the case. Good luck with your long trade.
I do sometimes 30 trades and I do it manually. And I am not crazy. Lol I can do that because I do trading full time. I quit my job when I started to understand the market and viewing trading in a much better perspective unlike before. You are right, trading that way requires so much time and effort... no life! But hey, this is my life and I don't find it boring. It is actually exciting. Those who find it boring, well... you are in the wrong profession. Or maybe you are just doing this for extra which is still good. But keep your job if you are more happy with it.

Correction: I am not long nor short at this moment of market condition. I use scalping strategy in this type of condition. And you know scalpers doesn't care of the direction or trend. We trade in between previous highs and lows.. I day and swing trade too.. and that need direction. So far, not clear yet. Let's wait and be patient. Cheers to you!
Only an idiot knows with certainty to where the market is going.
  • #1,172,398
  • Jun 11, 2020 3:25pm Jun 11, 2020 3:25pm
Quoting MrBullBear
{quote} I do sometimes 30 trades and I do it manually. And I am not crazy. Lol I can do that because I do trading full time. I quit my job when I started to understand the market and viewing trading in a much better perspective unlike before. You are right, trading that way requires so much time and effort... no life! But hey, this is my life and I don't find it boring. It is actually exciting. Those who find it boring, well... you are in the wrong profession. Or maybe you are just doing this for extra which is still good. But keep your job if you...

scalping is 1 thing.. but lol, eu broke out and went crazy... currently not scalp-able but I am glad you are out. I believe it was tuesday?? That I try a small sell (scalp) on eu 1.1270 for “break fast money” I ended up missing out on a 100pip north and also taking a -45pip loss. What pains me is that I was speaking of buying all day that day and the day prior to that.

Will look to throw more short on Kiwi during sydney session. Will hold my uc until I see a break down and retest top (then I may look to exit), or I may set tp to 1.3700 which ever happen first.
Attached Image (click to enlarge)
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Trade what you see, take what the market gives you.
  • #1,172,399
  • Jun 11, 2020 3:25pm Jun 11, 2020 3:25pm
Quoting Techanalyst
Is US dollar turning and going bullish, or is this just a small pull back and there will be bearish move again? Not sure for now, if it holds support area, it is up, if it breaks further down it is still bearish. EURUSD still bullish. If it breaks 1.1238 support, it should be bearish confirmed. But will see. GBPJPY and CADJPY still bearish. {image} {image}
Zone 1.1250 -1.1230 luks like it will hold for tomorrow.

USD is still a save heaven, USdx depreciation is very understandable (Investors buying risky asset)

In my own personal book.

It will take anodr world scare ( 2nd wave of Corona Virus)
Or US vs China trade War or a massive disaster to make d USD bullish in the weeks ahead.

Lets not pretend that we don't know why Eurusd declined this evening.

If today wasn't Thursday, I would've bought massively at this level.

If nothing happens this weekend.
I Will b searching 4 d bulls next week.
  • #1,172,400
  • Jun 11, 2020 4:00pm Jun 11, 2020 4:00pm
Quoting Techanalyst
Is US dollar turning and going bullish, or is this just a small pull back and there will be bearish move again? Not sure for now, if it holds support area, it is up, if it breaks further down it is still bearish. EURUSD still bullish. If it breaks 1.1238 support, it should be bearish confirmed. But will see. GBPJPY and CADJPY still bearish. {image} {image}
Bullish engulfing on USDX chart.

We will likely see a correction.

Attached Image (click to enlarge)
Click to Enlarge Name: Image 025.png Size: 16 KB
Learn from your mistakes and march on.
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