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EURUSD

  • #1,177,521
  • Edited 1:08am Aug 6, 2020 12:34am | Edited 1:08am
Quoting pgidia
Buying EU at 1.1872 now
SL Now at BE target 1.1915


TP Hit
PaRaM
  • #1,177,522
  • Aug 6, 2020 12:47am Aug 6, 2020 12:47am
Quoting MrBullBear
{quote} It depends on how you understand and how you use psychology. And what's gambling has to do with that? Anyways, aren't you gambling?
I think that forex is not gambling because it uses indicators, look at the news, while gambling is like poker only based on the lucky factor even though the results are the same, if you don't win, you lose
  • #1,177,523
  • Aug 6, 2020 1:07am Aug 6, 2020 1:07am
Today Vule is not too be seen
Missing the bull ride he would like to enter
PaRaM
  • #1,177,524
  • Aug 6, 2020 1:20am Aug 6, 2020 1:20am
Quoting hasilnyata
{quote} I think that forex is not gambling because it uses indicators, look at the news, while gambling is like poker only based on the lucky factor even though the results are the same, if you don't win, you lose
Nobody knows the next tick. Nobody is sure that his trade is a win. The moment you place a trade, you gamble.
Only an idiot knows with certainty to where the market is going.
  • #1,177,525
  • Aug 6, 2020 1:27am Aug 6, 2020 1:27am
Quoting MrBullBear
{quote} Nobody knows the next tick. Nobody is sure that his trade is a win. The moment you place a trade, you gamble.
of course.fx is gambling and pure manipulation!!(from big guys fishes)
ask me..im 15 years in fx.
forget indicators .bull shit
many people asking how to teach fx..you cant teach by the book no possible..you cant teach on demo!
you must teach on live first loss some 50k to get felling..
  • #1,177,526
  • Aug 6, 2020 1:39am Aug 6, 2020 1:39am
Quoting pridolfx
{quote} of course.fx is gambling and pure manipulation!!(from big guys fishes) ask me..im 15 years in fx. forget indicators .bull shit many people asking how to teach fx..you cant teach by the book no possible..you cant teach on demo! you must teach on live first loss some 50k to get felling..
omg loss 50k I would be crazy to lose so much money
  • #1,177,527
  • Aug 6, 2020 1:41am Aug 6, 2020 1:41am
Quoting OBsayMkMoney
{quote} I was speaking to someone specific, and I NEVER said that ANYONE's system was infallible. I never even said that I used it. I mentioned someone's name. His method was IMMEDIATELY attacked. I then mentioned that it appeared to work for him. I hear this about countless systems. That work for THAT person. Because they don't work for all, people immediately throw it away as rubbish. Everyone needs to just maintain their lane. Let others make their money the way that works for them. So yeah... Blah blah blah.. and bleh to you who pick others...

You weren't speaking to someone specific when you said 'He is taking a 6 month vacay. YOU? Right here with us' that's literally downplaying everyone on here as if nobody here is making money. I am sure good runs aren't so rare here that traders may need to go out for a 6 months vacation once in a while they hit something. What you are saying about maintaining a lane that's exactly what Tech told Vule that got you fired up and you took a low blow at him and indirectly everyone who posts here. And It's not 'his' method to be precise, all this has been talked about since around 1930s.. after studying these, it works for someone yes very good.. for some maybe not and they don't care about it it's simple as that. No big deal. So just because people are posting here doesn't mean they are struggling with trading. That's about it. Apologies if you still think I am rubbishing a strategy, I am not.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,177,528
  • Aug 6, 2020 1:42am Aug 6, 2020 1:42am
Quoting hasilnyata
{quote} omg loss 50k I would be crazy to lose so much money
its symbolic .lol
i want to tell you to teach is only option real account real money with all fellings incl.
  • #1,177,529
  • Aug 6, 2020 1:45am Aug 6, 2020 1:45am
Quoting MrBullBear
{quote} Nobody knows the next tick. Nobody is sure that his trade is a win. The moment you place a trade, you gamble.

Agreed, to me the market is simply an illustration of human psychology that may or may not depend on various factors. Every candle is telling a story of that particular time period and the most convincing story takes the lead.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,177,530
  • Aug 6, 2020 1:52am Aug 6, 2020 1:52am
Quoting pgidia
{quote} SL Now at BE target 1.1915 TP Hit
Lucky exit at top otherwise would have triggered SL in next 15 mins
PaRaM
  • #1,177,531
  • Aug 6, 2020 2:05am Aug 6, 2020 2:05am
Quoting pridolfx
{quote} its symbolic .lol i want to tell you to teach is only option real account real money with all fellings incl.
I understand
Are they here who say bull or bears are mostly just demo accounts?
I understand Are they here who say bull or bears are mostly just demo accounts
  • #1,177,532
  • Aug 6, 2020 2:09am Aug 6, 2020 2:09am
I understand Are they here who say bull or bears are mostly just demo accounts? I understand Are they here who say bull or bears are mostly just demo accounts[/quote
I dont care what are they demo or real.the biggest mistake ever is to listen somebody where to enter..
you must do yourself
look today spike up typicall big guys hunters stop loss bastards and now down..
  • #1,177,533
  • Aug 6, 2020 2:10am Aug 6, 2020 2:10am
Ok this is some insane price action I think I sharted.
Founder of Sutherland Wave Principle
  • #1,177,534
  • Aug 6, 2020 2:16am Aug 6, 2020 2:16am
Quoting hasilnyata
{quote} I understand Are they here who say bull or bears are mostly just demo accounts? I understand Are they here who say bull or bears are mostly just demo accounts

I think mostly everybody here would be trading real accounts. I think he means paper trading is different from trading real money, as that involves emotions which is a big factor in trading, unless you master that you won't really master your way of trading. I have seen many people successful paper trading but a disaster as soon as they jump on trading real money, they would get stopped out on precise setups just because they didn't give their stops enough room to breathe, moved to BE quickly to save their positions before verifying if their setup is being respected or not, or even extending their TPs to make more money than they were aiming to previously, and most importantly chasing the losses, which can go very bad. Emotions only play a vital role when it's real money on the line and for many learning to handle them comes once they realize the market doesn't care and will swallow them at any point without blinking. For me, trading is more about skills than money, if you chase the money.. things can go south pretty quick because the limitless potential has the ability to consume you if you don't know how to use it while keeping yourself safe.. it's wise to make sure you live to trade another day because every moment there are opportunities/ possibilities.. you just have to be available to them.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,177,535
  • Edited 2:31am Aug 6, 2020 2:18am | Edited 2:31am
Quoting leashedmode
{quote} I think mostly everybody here would be trading real accounts. I think he means paper trading is different from trading real money, as that involves emotions which is a big factor in trading, unless you master that you won't really master your way of trading. I have seen many people successful paper trading but a disaster as soon as they jump on trading real money, they would get stopped out on precise setups just because they didn't give their stops enough room to breathe, moved to BE quickly to save their positions before verifying if their...
correct.tnx for detailed explanation
i have always min.100p SL on 5-10p+ tp
and because that all enterys are 99% positive
  • #1,177,536
  • Aug 6, 2020 2:24am Aug 6, 2020 2:24am
2 cents worth.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 06082020.png Size: 39 KB
There is no royal road to anything.
  • #1,177,537
  • Edited 2:51am Aug 6, 2020 2:30am | Edited 2:51am
pHyCo 6 to 88%? Or somehow the previous wave terminated prematurely and we're in 6* in the next time frame up and I might have to hold negative for a while. It's seems to have hit start of the reversal area for this mad spike down though. I'm holding long...

That's what I call a Phyco 6inator 88% The widow maker to 18666. I thought it was going to termination to top of 7. Sharp drop unexpected, had to recount 3 to 4 and realized this might only be 6... If the bottom falls out then it's 6* in the higher time frame and won't be deep but we're in the limit zone for the move down. I'm prepared to hold negative and wait for 7.

The bottoms gone we're in higher 6 damn....
Founder of Sutherland Wave Principle
  • #1,177,538
  • Aug 6, 2020 2:36am Aug 6, 2020 2:36am
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  • #1,177,539
  • Aug 6, 2020 2:38am Aug 6, 2020 2:38am
Quoting suthmo
pHyCo 6 to 88%? Or somehow the previous wave terminated prematurely and we're in 6 in the next time frame up and I might have to hold negative for a while. It's hit reversal area start for this mad spike down tho. I'm holding long...
I think a lot of profit taking at the top, and possibly sell orders until NFP. In my opinion considering all that's been going on, no major changes in favor of the USD, the price should continue up after a pull back to 1.185-1.180 max. Whatever happens as long as 1.185-1.180 is holding I am with the Bulls. I think USD Index will probably dive back down from around 93-93.5. Time will tell!
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,177,540
  • Aug 6, 2020 2:55am Aug 6, 2020 2:55am
Quoting leashedmode
{quote} I think mostly everybody here would be trading real accounts. I think he means paper trading is different from trading real money, as that involves emotions which is a big factor in trading, unless you master that you won't really master your way of trading. I have seen many people successful paper trading but a disaster as soon as they jump on trading real money, they would get stopped out on precise setups just because they didn't give their stops enough room to breathe, moved to BE quickly to save their positions before verifying if their...
Hi Leashedmode, you are correct regarding emotions being a big factor when trading with real money. There is no "re-set" button.
EURUSD is falling hard, as I speak.....
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