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  • #1,175,521
  • Jul 22, 2020 1:12am Jul 22, 2020 1:12am
Quoting here2there
{quote} Unfortunately, USD is toast. I would not put my money on it. It is possible we could see a retracement soon. But that's about all from the looks of it. USD will likely continue to suffer for the rest of the year.

There are many thing which has pulled usd down.

pandemic - leadership etc etc.

but the current scenario is that usd get what eur leaves for it.

its something like that euro takes 250 pips and then gives 100 pips back

month wise its precise 1450 pips down against all currencies
with Average of precise 200 pips down each currency.
  • #1,175,522
  • Jul 22, 2020 1:28am Jul 22, 2020 1:28am
Closed Long Positions of 1.1382 & 1.1441 to come out with roughly 220 pips @ 1.1523. TP was 1.1610 for my swing trade.

This means we are entering into some pullbacks and can signal for the transition period of all trends as we have definitely entered Bull territory. A "shoulder" or "Alpha" point is definitely represented now and should see a consolidation or more active spikes.

i'm still Bullish for now but looking for the next great support line to get in.
  • #1,175,523
  • Jul 22, 2020 1:29am Jul 22, 2020 1:29am
Quoting PatienceFx
No idea why I sold 15401 on the demo account not yet confident of taking the same trade on the real account
the demo is smiling now lol
  • #1,175,524
  • Jul 22, 2020 1:31am Jul 22, 2020 1:31am
Quoting PatienceFx
{quote} the demo is smiling now lol
Great time to use a demo account i still use mine in "Rough terrain" or patterns i don't have a strategy yet for i've even blown an account from not using my own advice when i was overconfident.
  • #1,175,525
  • Jul 22, 2020 1:36am Jul 22, 2020 1:36am
Quoting PatienceFx
{image}
looks like bullishness is not sustainable
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 42 KB
  • #1,175,526
  • Jul 22, 2020 1:42am Jul 22, 2020 1:42am
playing with fibo 1460 is new support
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 45 KB
  • #1,175,527
  • Jul 22, 2020 1:53am Jul 22, 2020 1:53am
After so many Years of trading I still trading demo, it is a good way to have a lazy, but many times profitable excuse to save time and think for the next move.

Sold at 1440, took profits and now I am in up again from 1425.

I hate when I win, but it saved my ass too many times.
Looking for profitable short term trades ...|
  • #1,175,528
  • Jul 22, 2020 2:05am Jul 22, 2020 2:05am
Is the demo account for testing a particular strategy?

KP

Quoting Js3mwtRc
After so many Years of trading I still trading demo, it is a good way to have a lazy, but many times profitable excuse to save time and think for the next move. Sold at 1440, took profits and now I am in up again from 1425. I hate when I win, but it saved my ass too many times.
Do your homework, follow the footprints of smart money
  • #1,175,529
  • Jul 22, 2020 2:18am Jul 22, 2020 2:18am
Quoting KeenPips
Is the demo account for testing a particular strategy? KP {quote}
Yea or just for all other needs. bots. new currencies, unsure trends and volatility etc.
  • #1,175,530
  • Jul 22, 2020 2:23am Jul 22, 2020 2:23am
Quoting KeenPips
Is the demo account for testing a particular strategy? KP {quote}
No it is not always, I have it for testing purposes too, but the most I do is going with the trend, but I overload too many lots some times and breaking importand money management rules.

Also, I counter trade which I don't advice to anyone - going against the trend.

The best thing is that I am up from 100,000 to 122, 682.16 in 1 year and 4 months and I start my daily trading from 0,01 to 0,10-0,50 the most of the times, but some times I traded very big lots (my dangerous part for real trading).
Looking for profitable short term trades ...|
  • #1,175,531
  • Jul 22, 2020 2:30am Jul 22, 2020 2:30am
Sell 1.153

Tp 1.1506
Fundamental provide Volume, Technical shows Direction
  • #1,175,532
  • Jul 22, 2020 2:44am Jul 22, 2020 2:44am
This is happening right now,

China to close Houston consulate after the US demanded they leave

See FF News.
Looking for profitable short term trades ...|
  • #1,175,533
  • Jul 22, 2020 2:49am Jul 22, 2020 2:49am
Today's
Support & Resistance levels for EURO & CABLE on Meta Trader Templates

CABLE S/R
EURO S/R
EURO CONFULUENCE POWER ZONES

see here for the full pictures
https://www.forexfactory.com/showthr...2#post13072202
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #1,175,534
  • Jul 22, 2020 3:23am Jul 22, 2020 3:23am
Good for traders to use demo for a short while for such purposes you mentioned but to move on to a micro lot as soon as they have confirmed what they are looking for.

KP

Quoting ATradingOreo
{quote} Yea or just for all other needs. bots. new currencies, unsure trends and volatility etc.
Do your homework, follow the footprints of smart money
  • #1,175,535
  • Jul 22, 2020 3:25am Jul 22, 2020 3:25am
Quoting LucasT
Sell 1.153 Tp 1.1506
tp hit thanks.. what will be next?
  • #1,175,536
  • Jul 22, 2020 3:26am Jul 22, 2020 3:26am
So you are using demo to correct the mistakes you make in trading?

KP

Quoting Js3mwtRc
{quote} No it is not always, I have it for testing purposes too, but the most I do is going with the trend, but I overload too many lots some times and breaking importand money management rules. Also, I counter trade which I don't advice to anyone - going against the trend....I start my daily trading from 0,01 to 0,10-0,50 the most of the times, but some times I traded very big lots (my dangerous part for real trading).
Do your homework, follow the footprints of smart money
  • #1,175,537
  • Jul 22, 2020 3:37am Jul 22, 2020 3:37am
using this EA in strategy tester in visual mode i wanted to see how stoch behaves

stoch is just plain useless

try it with your templates lol
Attached File(s)
File Type: mq4 DONOTHING-SHAKEGHANTA.mq4   1 KB | 326 downloads
  • #1,175,538
  • Jul 22, 2020 3:38am Jul 22, 2020 3:38am
Special thanks to bears 40 pips in the pocket
I'm enjoying the wins because I was once terrified by loses
  • #1,175,539
  • Jul 22, 2020 3:40am Jul 22, 2020 3:40am
Quoting KeenPips
So you are using demo to correct the mistakes you make in trading? KP {quote}
It saves me from testing the waters, but my profits are less on the real, it is like a filter (ma, oscillator...) that saves you from drawdowns, but the profits are smaller.
Looking for profitable short term trades ...|
  • #1,175,540
  • Jul 22, 2020 3:45am Jul 22, 2020 3:45am
Js3, the profit may be smaller but it is real. The important thing is to grow that real capital progressively.

Stay safe, trade safe.

KP

Quoting Js3mwtRc
{quote} It saves me from testing the waters, but my profits are less on the real, it is like a filter (ma, oscillator...) that saves you from drawdowns, but the profits are smaller.
Do your homework, follow the footprints of smart money
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