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  • #1,177,761
  • Aug 6, 2020 10:01pm Aug 6, 2020 10:01pm
Vule it has touched H4 Middle is it good buy entry ??
BB experts please guide
PaRaM
  • #1,177,762
  • Aug 6, 2020 10:02pm Aug 6, 2020 10:02pm
Added a long here. Sl 20pip below 1.1833... let see if it bounce on this 4h
Trade what you see, take what the market gives you.
  • #1,177,763
  • Aug 6, 2020 10:04pm Aug 6, 2020 10:04pm
Quoting VuLe
Added a long here. Sl 20pip below 1.1833... let see if it bounce on this 4h
BB H4 Middle ??
PaRaM
  • #1,177,764
  • Aug 6, 2020 10:06pm Aug 6, 2020 10:06pm
Quoting pgidia
{quote} BB H4 Middle ??
I dont care what news it is... one thing I was taught by my mentor is, news will take the market where it needs to go... and I believe 1.183x has to be reach to bounce. Let see this play out.
Attached Image (click to enlarge)
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Trade what you see, take what the market gives you.
  • #1,177,765
  • Aug 6, 2020 10:10pm Aug 6, 2020 10:10pm
Quoting VuLe
{quote} I dont care what news it is... one thing I was taught by my mentor is, news will take the market where it needs to go... and I believe 1.183x has to be reach to bounce. Let see this play out. {image}
Correct
Yesterday also once H1 middle was broken it touched H4 Middle
Today also same.pattern
PaRaM
  • #1,177,766
  • Aug 6, 2020 10:12pm Aug 6, 2020 10:12pm
Quoting pgidia
Sold at 1.1863 with target 1.1835 SL 1.1875 Edit SL to BE
My this Trade was purely BB Trade
Thanks to Vule for guiding me
PaRaM
  • #1,177,767
  • Aug 6, 2020 10:22pm Aug 6, 2020 10:22pm
I think this how today can play out...
Attached Image (click to enlarge)
Click to Enlarge Name: friam.png Size: 23 KB
Founder of Sutherland Wave Principle
  • #1,177,768
  • Aug 6, 2020 10:30pm Aug 6, 2020 10:30pm
Quoting OhComeOn
{quote} Unfortunately my wife has started cutting me off from technology capable of communication because she is intimidated by eloquent articulation I tend to share. As a follow up to the idea I was going to let my longs run with the London, however they hit their SL so I only received 30-40 pips on each of the 6 positions. Fortunately, each one had a few lots. Uh OH, she is staring at me with a look that does not say I love you. Must be the jealousy of my typing skills or because I told her to bring me 2 more beers. I better go now.
Shut her up by showing your winning trades. Lol
Only an idiot knows with certainty to where the market is going.
  • #1,177,769
  • Aug 6, 2020 10:30pm Aug 6, 2020 10:30pm
Just got done bowling with friends and family. My last post for the night. Sl is 1.1811 for the reason that the lowest spike was 1.1819. If this newd about banning “tik tok” and “we chat” apps makes usd look strong then we should be breaking levels upon levels. Goodnight guys and see you early in the morning.
Attached Image (click to enlarge)
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Trade what you see, take what the market gives you.
  • #1,177,770
  • Aug 6, 2020 10:39pm Aug 6, 2020 10:39pm
Fuck it's lower... Im selling.. explanation loading...
About 60 points lower. 1780/1750 area for buy back.
1780 / 1740
Founder of Sutherland Wave Principle
  • #1,177,771
  • Aug 6, 2020 10:50pm Aug 6, 2020 10:50pm
Quoting here2there
It's funny how I have more knowledge about trading Forex than the average person but suck at trading. I honestly don't know how people can make a living trading Forex. There must be something very special about these people. I know what they know, but for some reason, it works for them but not for me. Or maybe I don't know what they know, and that's the problem.
Make a strategy, stick 2 it.
Automate ur strategy (if it's possible) it will relieve u from human error.

Quoting briancollins
{quote} If only I can trade all my bias This market thing keep repeating itself everytime. Will need to work on my confidence. Well, am on d side li e today, Will be scalping longs nexf week cos am expecting a "bullish range" (is that a word?) Next week.
I wrote this last week.
It played out exactly as I expected.
But guess what? I hv only made four long trades since Monday, despite d enormous opportunities this week has provided.

Reasons: I was scared of d impacts of Republican Stimulus.
Dis particular fundamentals doesn't align completely wit others...

So, I took a trip to visit my parents

Will b back 2 fulltime trading next week.
  • #1,177,772
  • Aug 6, 2020 10:51pm Aug 6, 2020 10:51pm
I think once all bulls will start selling it would bounce
It is making all bulls loose hope that nothing left in pair better sell
PaRaM
  • #1,177,773
  • Aug 6, 2020 10:54pm Aug 6, 2020 10:54pm
Quoting suthmo
Fuck it's lower... Im selling.. explanation loading... About 60 points lower. 1780/1750 area for buy back. 1780 / 1740
U re chasing this Market, allow d market 2 come 2u.

U may win this one though, as people are dumping their longs ahead of NFP.

B careful, EUR will likely rise during London session.
  • #1,177,774
  • Edited 11:37pm Aug 6, 2020 11:02pm | Edited 11:37pm
Quoting briancollins
{quote} U re chasing this Market, allow d market 2 come 2u. U may win this one though, as people are dumping their longs ahead of NFP. B careful, EUR will likely rise during London session.
NFP or news in general doesn't effect anything other than broker greed. I found these price patterns in old old old ass charts there's nothing will change the immutable laws today IMO NFP never changed anything in the charts for the ten years I've been watching it.

I've definitely changed my mind wave 5 is so much more evil than wave 6 in so many ways!

Yeah if u want to wind me up folks talk for hours about the re telling of historical events that are based on idealized concepts that only purpose seems to be filling brokers and news outlets pockets.

Search suthmo post: NFP NEWS
Attached Image (click to enlarge)
Click to Enlarge Name: news.png Size: 80 KB
Founder of Sutherland Wave Principle
  • #1,177,775
  • Aug 6, 2020 11:36pm Aug 6, 2020 11:36pm
Quoting suthmo
{quote} NFP or news in general doesn't effect anything other than broker greed. I found these price patterns in old old old ass charts there's nothing will change the immutable laws today IMO NFP never changed anything in the charts for the ten years I've been watching it. I've definitely changed my mind wave 5 is so much more evil than wave 6 in so many ways! Yeah if u want to wind me up folks talk for hours about re telling of historical events that are based on idealized concepts. Search suthmo post: NFP NEWS {image}
The economy is fake? What...
LOCK IN RE-ENTER
  • #1,177,776
  • Aug 6, 2020 11:38pm Aug 6, 2020 11:38pm
Quoting mistaouting
{quote} The economy is fake? What...
Yeah it turns out money is debt debt is money economic data is idealized concept... Stuff like that...
Prime example: Unemployment figures based on number of new claim does account for people who's unemployment expired and does in no way truly reflect the number of people out of work. They just print money out of thin air, interest doesn't exist in the system etc...
Founder of Sutherland Wave Principle
  • #1,177,777
  • Aug 6, 2020 11:59pm Aug 6, 2020 11:59pm
Quoting briancollins
{quote} Make a strategy, stick 2 it...
I have a lot against me. I live in California. Trading Forex in my timezone is difficult. I usually miss all the good moves. Also, I am limited to what I can do due to strict regulations. I am probably better off trading the stock market.
Learn from your mistakes and march on.
  • #1,177,778
  • Aug 7, 2020 12:01am Aug 7, 2020 12:01am
Quoting briancollins
{quote} EUR will likely rise during London session.
And that's the problem! By the time that happens, I am left with difficult market conditions to trade in.
Learn from your mistakes and march on.
  • #1,177,779
  • Aug 7, 2020 12:04am Aug 7, 2020 12:04am
It is not just what you know that made you unsuccessful. It is your attitude. You were criticized by different traders and you ignored them, accused them as trolls, attackers. Without realizing that they are just correcting your wrong method, false belief and misunderstanding. Instead, you hate them... becouse you think you know best. You should have learned a lot of things by now..... and currently building accounts... Only if you tried to understand what they are trying to criticize. You should had a healthy conversation, maybe you get their point. Change your attitude, admit you know nothing and start absorbing knowledge being shared by experienced traders and start practicing. That's the only way to win. Peace! -a friendly advice from the trader you hated most-
Only an idiot knows with certainty to where the market is going.
  • #1,177,780
  • Aug 7, 2020 12:04am Aug 7, 2020 12:04am
Something wrong with my sell call rules broken down again.
Closed sell and holding long I can ride if it dips down again I just realized we're in the wrong wave for the price action I was expecting.

I'm a buyer riding any more bears that may come.
I'm back to expecting this scenario:
Attached Image (click to enlarge)
Click to Enlarge Name: friam.png Size: 23 KB
Founder of Sutherland Wave Principle
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