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  • #1,182,961
  • Sep 7, 2020 9:56pm Sep 7, 2020 9:56pm
What support and resistance is everyone looking at?
  • #1,182,962
  • Sep 7, 2020 10:43pm Sep 7, 2020 10:43pm
Quoting tradecode
i am following techanalyst long prediction and i am steadily losing money. oh well, its only money. is this what is called a "dump and pump"?
I have made a lot of money lately. Like always. What and how are you following who knows. Maybe it is time for you to change career. Get off your lazy behind and go do something useful that will make you money. Just remember, just like you are a rookie here, you will start as a rookie everywhere. But work hard and you will get somewhere positive. Trade safe.
  • #1,182,963
  • Sep 7, 2020 11:22pm Sep 7, 2020 11:22pm

  1. https://cdn-assets.faireconomy.media...ar45086_14.gif forexlion
  2. | Additional Username

I can turn $1 to $100 by using no more than 1% margin in a little over 60 trading days, have done it many many times.

Just trade strong trends, else do not trade at all, sit idle and wait for the next trend move.

My fav once said and I absolutely agreed.

Cheers

  • #1,182,964
  • Sep 7, 2020 11:38pm Sep 7, 2020 11:38pm
Here are two support lines I am planing to test whether it really works or not , wait and see
Attached Image (click to enlarge)
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Win/Loss Ratio
  • #1,182,965
  • Sep 7, 2020 11:48pm Sep 7, 2020 11:48pm
Quoting pgidia
{quote} But you are gaining experience and knowledge
He is not. He is a lazy person. He wants everything on the platter, which it won't happen. As long as he is lazy, he will be a failure.
  • #1,182,966
  • Sep 8, 2020 12:14am Sep 8, 2020 12:14am
EU is bearish today, support is at 1781 and resistance at 1848.

Nothing special yet, a very small range yesterday, because of US Bank Holiday, I believe that today the volatility will improve and surpass yesterdays range. It can be either way.

This week I believe that we are going to see EU trying to recover its Monday and Tuesday losses and then wait for ECB and US CPI numbers to break and give us a good correction to 1650.

From the bullish view it can surpass 1865, stall below 1913 and if, things are good enough proceed to take out 1960-1.2000.

Thats all for now, have a great trading!
Looking for profitable short term trades ...|
  • #1,182,967
  • Sep 8, 2020 12:54am Sep 8, 2020 12:54am
Long @ 1.180 was stopped @ BE.. so tried another one @ 1.1799 SL @ 1.1792 7 pips only. For now just looking to see how LO opens up, looks like Babushka wants to go down to around 1.178-1.176
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,182,968
  • Sep 8, 2020 12:56am Sep 8, 2020 12:56am
Quoting leashedmode
Long @ 1.180 was stopped @ BE.. so tried another one @ 1.1799 SL @ 1.1792 7 pips only. For now just looking to see how LO opens up, looks like Babushka wants to go down to around 1.178-1.176

Okay moved SL @ 1.1797 just 2 pips, don't wana take chances with this.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,182,969
  • Sep 8, 2020 1:13am Sep 8, 2020 1:13am
Above 1833 threatens 1848 and we may see it higher then!
Looking for profitable short term trades ...|
  • #1,182,970
  • Sep 8, 2020 1:37am Sep 8, 2020 1:37am
Quoting leashedmode
{quote} Okay moved SL @ 1.1797 just 2 pips, don't wana take chances with this.

That was quick lol closed half in 20 pips @ 1.1820, rest running @ BE now, wana keep this position in case it's time for Bulls.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,182,971
  • Sep 8, 2020 1:41am Sep 8, 2020 1:41am
Quoting Js3mwtRc
Above 1833 threatens 1848 and we may see it higher then!

I may add another long if 1.1830 breaks on the hourly TF, but will try and move stops to BE asap lol still has potential to dive. But yes, all the major price channels are still holding on larger TFs so I think the stall is over and it may jump today. I could be wrong.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,182,972
  • Sep 8, 2020 1:44am Sep 8, 2020 1:44am
Quoting Js3mwtRc
Above 1833 threatens 1848 and we may see it higher then!

Missed the short @ 1.1825 otherwise I would have tried to scalped some for the pullback.. would have been nice positioning up there too just in case, but was attending to my cats.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,182,973
  • Sep 8, 2020 2:08am Sep 8, 2020 2:08am
A nice picture from me to you.
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Click to Enlarge Name: 8-9.png Size: 70 KB


I like green color.
  • #1,182,974
  • Sep 8, 2020 2:10am Sep 8, 2020 2:10am
Quoting bigiivan
A nice picture from me to you. {image} I like green color.
Ohooo ... +/- 400 pips
  • #1,182,975
  • Sep 8, 2020 2:15am Sep 8, 2020 2:15am
Quoting eRBe
{quote} Ohooo ... +/- 400 pips
I am trying to catch you.
  • #1,182,976
  • Sep 8, 2020 2:17am Sep 8, 2020 2:17am
Quoting tradecode
i am following techanalyst long prediction and i am steadily losing money. oh well, its only money. is this what is called a "dump and pump"?
Then if you trade agains him, you may win. Do I have logic?
  • #1,182,977
  • Sep 8, 2020 2:57am Sep 8, 2020 2:57am
Quoting tradecode
i am following techanalyst long prediction and i am steadily losing money. oh well, its only money. is this what is called a "dump and pump"?

I am pretty sure he trades long term where a day or two doesn't matter if the trade stays in negative.. That's how I trade too, as long as a zone is holding.. which could be up to 50 pips wide, I will stay in with the overall bigger trend as long as I don't see daily break against my bias. Trying to trade short term/ intraday with him is your own mistake lol for example I went in AUDUSD long with him, it dropped about 40 pips on me but jumped 80 from there as well.. I could see what he was aiming for and because of that I booked 20 from my first entry, 60 pips from my second entry.. and one position is still running in about 50 pips but my stops are @ BE on that one and I will keep that running just in case it hits 0.7400-0.7540 in the coming week[s] otherwise the setup is already a big win. Just an example for you so you may do it the right way if you really want to.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,182,978
  • Sep 8, 2020 2:59am Sep 8, 2020 2:59am
Quoting tradecode
i am following techanalyst long prediction and i am steadily losing money. oh well, its only money. is this what is called a "dump and pump"?

Scalping is another matter in totality, and MrBB does it amazing.. so does Vule.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,182,979
  • Sep 8, 2020 3:05am Sep 8, 2020 3:05am
Quoting tradecode
i am following techanalyst long prediction and i am steadily losing money. oh well, its only money. is this what is called a "dump and pump"?
a very important question also is when #techanalyst writes to sell, he thinks to sell ... Euro or USD? Green is good.
  • #1,182,980
  • Sep 8, 2020 3:35am Sep 8, 2020 3:35am
Quoting tradecode
i am following techanalyst long prediction and i am steadily losing money. oh well, its only money. is this what is called a "dump and pump"?
Don't follow anyone blindly. Even the most experienced traders can be wrong sometimes
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