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EURUSD

  • #1,182,041
  • Sep 2, 2020 8:16am Sep 2, 2020 8:16am
Quoting coldvinc
This is why I get so frustrated. I literally entered a short at the tip. Like wtf! This is how it always goes. Whether I wait or not, follow my rules or not. It's like I'm born to lose. {image}
This is FOMO

Even it had happened to me a lot of time

Now before taking position I analyse what would have earlier me done

If the answer is buy I sell immediately
PaRaM
  • #1,182,042
  • Sep 2, 2020 8:17am Sep 2, 2020 8:17am
All Buyers coming for you SL I think
PaRaM
  • #1,182,043
  • Sep 2, 2020 8:26am Sep 2, 2020 8:26am
Just remember BullsBear's strategy. He gets in every day around this hour and scalps opposite the trend until he goes busted, then he may go the other way.
Looking for profitable short term trades ...|
  • #1,182,044
  • Sep 2, 2020 8:31am Sep 2, 2020 8:31am
Quoting Js3mwtRc
Just remember BullsBear's strategy. He gets in every day around this hour and scalps opposite the trend until he goes busted, then he may go the other way.
That works for him, but that won't work for most traders, and it is a riskier route to take.
Learn from your mistakes and march on.
  • #1,182,045
  • Sep 2, 2020 8:37am Sep 2, 2020 8:37am
Quoting here2there
{quote} That works for him, but that won't work for most traders, and it is a riskier route to take.
We had the same view many times, of-course not all the times, but the most of.

Just when our views are match, then I feel more confidence, he is a good trader.
Looking for profitable short term trades ...|
  • #1,182,046
  • Sep 2, 2020 8:47am Sep 2, 2020 8:47am
Quoting Js3mwtRc
{quote} We had the same view many times, of-course not all the times, but the most of. Just when our views are match, then I feel more confidence, he is a good trader.
Missing him for last 2 days
Fast entry
Good Exit
Excellent Reverse Trades
PaRaM
  • #1,182,047
  • Sep 2, 2020 8:48am Sep 2, 2020 8:48am
Quoting Js3mwtRc
{quote} We had the same view many times, of-course not all the times, but the most of. Just when our views are match, then I feel more confidence, he is a good trader.
He probably is a good trader. But his strategy won't work for most people.

I know of a guy on YouTube who is arguably one of the best traders in the world. He is a grid trader and uses massive amounts of limit orders. His strategy works for him but it won't work for most people.

But the strategy that will work for most people is to find the weakest currency and the strongest currency and trade the strongest against the weakest in respect of the Daily trend.
Learn from your mistakes and march on.
  • #1,182,048
  • Sep 2, 2020 8:54am Sep 2, 2020 8:54am
Quoting mistaouting
shoirt scaple taken
still holding
LOCK IN RE-ENTER
  • #1,182,049
  • Sep 2, 2020 8:54am Sep 2, 2020 8:54am
Quoting pgidia
{quote} Missing him for last 2 days Fast entry Good Exit Excellent Reverse Trades
He'll be back, I like his style.
Looking for profitable short term trades ...|
  • #1,182,050
  • Sep 2, 2020 8:58am Sep 2, 2020 8:58am
Quoting here2there
{quote} He probably is a good trader. But his strategy won't work for most people. I know of a guy on YouTube who is arguably one of the best traders in the world. He is a grid trader and uses massive amounts of limit orders. His strategy works for him but it won't work for most people. But the strategy that will work for most people is to find the weakest currency and the strongest currency and trade the strongest against the weakest in respect of the Daily trend.
I have spend years using currency strength only as an entry tool, it worked some time, but then it gave all back to the market. From then I use only percent change among the seven majors with USD, but I use it as secondary not as entry.

It is great help knowing you are with the momentum it offers, but nothing else.
Looking for profitable short term trades ...|
  • #1,182,051
  • Sep 2, 2020 9:02am Sep 2, 2020 9:02am
My visitors left.. I finally have time to monitor and scalp. Let's collect pips fellas!
Attached Image (click to enlarge)
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Only an idiot knows with certainty to where the market is going.
  • #1,182,052
  • Sep 2, 2020 9:07am Sep 2, 2020 9:07am
Quoting MrBullBear
My visitors left.. I finally have time to monitor and scalp. Let's collect pips fellas! {image}
I knew you where around these lows, I had an instinct!
Looking for profitable short term trades ...|
  • #1,182,053
  • Sep 2, 2020 9:15am Sep 2, 2020 9:15am
Quoting Js3mwtRc
{quote} I knew you where around these lows, I had an instinct!
I don't like to see him opposite of my trades....but ill stand firm
LOCK IN RE-ENTER
  • #1,182,054
  • Sep 2, 2020 9:17am Sep 2, 2020 9:17am
Quoting Js3mwtRc
{quote} I knew you where around these lows, I had an instinct!
Time when volatility dies amd start to range sideways. Lol. Will try to collect few pips from the ups and down till it moves again to the next level where it will range again for a pit stop.
Only an idiot knows with certainty to where the market is going.
  • #1,182,055
  • Sep 2, 2020 9:20am Sep 2, 2020 9:20am
Quoting MrBullBear
{quote} Time when volatility dies amd start to range sideways. Lol. Will try to collect few pips from the ups and down till it moves again to the next level where it will range again for a pit stop.
I watch around 1860, but I have a bigger target.
Looking for profitable short term trades ...|
  • #1,182,056
  • Sep 2, 2020 9:20am Sep 2, 2020 9:20am
Quoting Js3mwtRc
{quote} I have spend years using currency strength only as an entry tool, it worked some time, but then it gave all back to the market. From then I use only percent change among the seven majors with USD, but I use it as secondary not as entry. It is great help knowing you are with the momentum it offers, but nothing else.
Well, using currency strength solely as a signal for entry is obviously a bad idea. It is best used in combination with price action.

I am interested in your price percent strategy. Perhaps you can start a thread explaining how you use it in trading.
Learn from your mistakes and march on.
  • #1,182,057
  • Sep 2, 2020 9:24am Sep 2, 2020 9:24am
Quoting here2there
{quote} Well, using currency strength solely as a signal for entry is obviously a bad idea. It is best used in combination with price action. I am interested in your price percent strategy. Perhaps you can start a thread explaining how you use it in trading.
Nothing special. I use the trend of the graph, if, it goes up on weekly and daily, then I will only buy around a support level and just watch if, the most of the other pairs agree against the USD especially AUD. Also the USDX should point down.
Looking for profitable short term trades ...|
  • #1,182,058
  • Sep 2, 2020 9:29am Sep 2, 2020 9:29am
Quoting Js3mwtRc
{quote} Nothing special. I use the trend of the graph, if, it goes up on weekly and daily, then I will only buy around a support level and just watch if, the most of the other pairs agree against the USD especially AUD. Also the USDX should point down.
Which graph are you referring to?
Learn from your mistakes and march on.
  • #1,182,059
  • Sep 2, 2020 9:31am Sep 2, 2020 9:31am
Quoting Js3mwtRc
{quote} I watch around 1860, but I have a bigger target.
Well, you know me.. i don't set target in my scalping. I flip when it flips. But after few candles from now, we will know the average candle of this range and whether it is ascending or descending or straight sideways.. then we will know how much pips to scalp. But for now, I will just follow with SL i can afford. Cheers!
Only an idiot knows with certainty to where the market is going.
  • #1,182,060
  • Sep 2, 2020 9:37am Sep 2, 2020 9:37am
Quoting here2there
{quote} Which graph are you referring to?
Sorry I forgot to mention, EURUSD.
Looking for profitable short term trades ...|
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