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EURUSD

  • #1,183,161
  • Sep 8, 2020 2:27pm Sep 8, 2020 2:27pm
Quoting OnlineAddict
{quote} I don't get you sometimes...you have been super bearish below 1.10...not long ago super bullish below 1.20...and now bearish again. Maybe it would be better not to predict anything for a while.
I will explain this as I did before. Look at the charts that I attached, it is all explained there. I go by what the charts shows. It was showing bulls strong, but now it is rejecting. So it looks like it will have to do correction down to 1.12 area before we see what is happening.

Why are you so confused?
Attached Image(s) (click to enlarge)
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  • #1,183,162
  • Sep 8, 2020 2:29pm Sep 8, 2020 2:29pm
Quoting Lamira
{quote} how ICT say liquidity.... this pair build so much liquidity on top in past 4 days. question is WHEN it will run it if focus to go north ? edit 1.187ish area looks like magnet to me atm
I am working on his strategy. You can trade it on 1 minute or daily or weekly. There are patterns everywhere that he explains.
  • #1,183,163
  • Sep 8, 2020 2:31pm Sep 8, 2020 2:31pm
Quoting VuLe
I am focus on Tesla this week. I plan to short Tesla. So if tesla drops.. you know Ill be on this island... but if it spikes. You may find me on the street... and all I ask for is some food or some pips. {image} {image}

racked up banks. Sorry boys... I may consider switching to option trading for now.. never traded stocks and my mentor says... “stock can get you retired early while forex only get you grocery money.
only way to retire from forex is to trade very aggressively.” Starting to see why.

Btw I did promise I will share my pip gain by the end of this week starting from the beginning.
currently holding 54pips + 133pips??
I really want to exit eu though.. and reload knowing that tomorrow could spike up again. May Just hold on and short more later. Ill decide when new daily candle comes out..
Attached Image(s) (click to enlarge)
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Trade what you see, take what the market gives you.
  • #1,183,164
  • Sep 8, 2020 2:33pm Sep 8, 2020 2:33pm
Quoting OhComeOn
{quote} Heck yes! I have done it before as well as tracking multiple pairs on a laptop and enter on the WRONG PAIR!!! OMG LOL
did that also and hit buy when I wanted sell and sell when I have wanted to buy luckily they haven't been to costly...worst was a couple hundred because the wife insisted i give her my attention talking about something and missed a reverse

Quoting Ratmach
{quote} Nope, never happens to me. "Okay, now let's see if there's anything interesting going on... uh, WHAT?! What's going on? Where did THAT come from? Oh my god, I CLOSED that thing hours ago, idiot broker apparently reopened it or something. I KNOW I closed it!"
yea kind of how it happens...nice when they give you pips and they are the worst when they take them.

how about those times when the the market dances around your order then goes on a nice spike leaving you in the dust
LOCK IN RE-ENTER
  • #1,183,165
  • Sep 8, 2020 2:35pm Sep 8, 2020 2:35pm
Quoting Techanalyst
{quote} I will explain this as I did before. Look at the charts that I attached, it is all explained there. I go by what the charts shows. It was showing bulls strong, but now it is rejecting. So it looks like it will have to do correction down to 1.12 area before we see what is happening. Why are you so confused? {image} {image}
I'm a newbie, can I ask you something are you using sponsored candle to enter some of your trades
  • #1,183,166
  • Sep 8, 2020 2:36pm Sep 8, 2020 2:36pm
Pgidia.. here is an example of upper and upper inner bb in play... you see how strong the 30min candle is and just bounce at the inner one?? Does not need to go to the center.
Attached Image (click to enlarge)
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Trade what you see, take what the market gives you.
  • #1,183,167
  • Sep 8, 2020 2:37pm Sep 8, 2020 2:37pm
Quoting VuLe
{quote} racked up banks. Sorry boys... I may consider switching to option trading for now.. never traded stocks and my mentor says... “stock can get you retired early while forex only get you grocery money. only way to retire from forex is to trade very aggressively.” Starting to see why. Btw I did promise I will share my pip gain by the end of this week starting from the beginning. currently holding 54pips + 133pips?? I really want to exit eu though.. and reload knowing that tomorrow could spike up again. May Just hold on and short more later....
Even if you decide not to trade forex, please share your charts here. You are a great trader.
One thing I will have to disagree with your mentor. You can retire from forex, you can make a lot of money. Like I said all the real estates investment I have, it is all from earning money on forex. Stocks are good, but it can also take you out if you are wrong about the entry. Forex in that case is more simple, buy/sell put stop loss and take profit. Trade safe.
  • #1,183,168
  • Sep 8, 2020 2:40pm Sep 8, 2020 2:40pm
Quoting VuLe
{quote} racked up banks. Sorry boys... I may consider switching to option trading for now.. never traded stocks and my mentor says... “stock can get you retired early while forex only get you grocery money. only way to retire from forex is to trade very aggressively.” Starting to see why. Btw I did promise I will share my pip gain by the end of this week starting from the beginning. currently holding 54pips + 133pips?? I really want to exit eu though.. and reload knowing that tomorrow could spike up again. May Just hold on and short more later....
you must have a nice size account to day trade stocks; because of the pattern day trader rule. Or dose that not apply to options?

Is it like $50K account min?
LOCK IN RE-ENTER
  • #1,183,169
  • Sep 8, 2020 2:41pm Sep 8, 2020 2:41pm
Quoting Ratmach
{quote} Digger posted a screenshot one day showing where he accidentally entered a much bigger trade than he wanted (added an extra couple zeros or something). Quickly closed, and lost a little bit of $$ on it. But then not too long after that he did it again, only this time the trade went in his favor and he MADE a ton of $$. Dude is one of my favorite people on this site, and he's also one of the best traders I've ever seen. But that doesn't mean a little bit of luck now and then isn't welcome.
Agreed! He is the best scalper I have ever seen.. I was once his student. We are not done, i will get back to him to learn.
Only an idiot knows with certainty to where the market is going.
  • #1,183,170
  • Sep 8, 2020 2:44pm Sep 8, 2020 2:44pm
Quoting Techanalyst
{quote} Even if you decide not to trade forex, please share your charts here. You are a great trader. One thing I will have to disagree with your mentor. You can retire from forex, you can make a lot of money. Like I said all the real estates investment I have, it is all from earning money on forex. Stocks are good, but it can also take you out if you are wrong about the entry. Forex in that case is more simple, buy/sell put stop loss and take profit. Trade safe.
You missed the part where I said “unless you trade aggressively”
I definitely will. You guys can find me on Webull apple/tesla/nvida/zm and other major stock in the comment section. Im over there now teaching amd sharing freely xD
Trade what you see, take what the market gives you.
  • #1,183,171
  • Sep 8, 2020 2:45pm Sep 8, 2020 2:45pm
Quoting VuLe
{quote} ...“stock can get you retired early while forex only get you grocery money...{image}
hahaha

I have also been considering learning to trade options. Not sure if it is safer though.
Learn from your mistakes and march on.
  • #1,183,172
  • Sep 8, 2020 2:48pm Sep 8, 2020 2:48pm
Quoting mistaouting
{quote} you must have a nice size account to day trade stocks; because of the pattern day trader rule. Or dose that not apply to options? Is it like $50K account min?
sorry its 25K, i couldn't remember ...been a while

Under FINRA rules, customers who are deemed “pattern day traders” must have at least $25,000 in their accounts and can only trade in margin accounts. For more information on pattern day traders and related FINRA margin rules, please read the SEC staff’s investor bulletin “Margin Rules for Day Trading.”

edit: I wonder with these new trading platform/brokers that let you trade small pieces of stock dont require you to follw same SEC rules
LOCK IN RE-ENTER
  • #1,183,173
  • Sep 8, 2020 2:48pm Sep 8, 2020 2:48pm
Quoting MrBullBear
{quote} Agreed! He is the best scalper I have ever seen.. I was once his student. We are not done, i will get back to him to learn.
Are you referring to Digger1? How did you become his student? I don't see any threads where he shares his strategy.
Learn from your mistakes and march on.
  • #1,183,174
  • Sep 8, 2020 2:50pm Sep 8, 2020 2:50pm
hope to see little bit higher levels from here first
Attached Image
  • #1,183,175
  • Sep 8, 2020 2:56pm Sep 8, 2020 2:56pm
Quoting OhComeOn
Meant to post this earlier, wife kept trying to kiss me and caused a distraction. At the time I was waiting for MACD on 30M to cross going up(On Platinum that means above 0.00) so I could enter. And I am back in at bottom of white box and rolling short. Thought I would be out for the rest of day, but my entry got tagged. May get out real soon any how. Now to keep my wife away, she must be wanting me to buy her something. Edit: Just added the highlighted chart to show the MACD crossing up on 30M to short. So remember, if using MACD and MA's, we identify...
Closed out for the day until London. Remember newbies, keep it simple and keep it profitable. Learn the average pip run for the TF you are trading. Do not enter 30M expecting 100 pips.
Laterz
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,183,176
  • Sep 8, 2020 2:57pm Sep 8, 2020 2:57pm
Closed my NZDUSD sell. Good profit.
  • #1,183,177
  • Sep 8, 2020 2:59pm Sep 8, 2020 2:59pm
Quoting here2there
{quote} Are you referring to Digger1? How did you become his student? I don't see any threads where he shares his strategy.
Yes. he regularly post in Aussie's thread now. But we started in other thread which is now abandoned due to trolls.
Only an idiot knows with certainty to where the market is going.
  • #1,183,178
  • Sep 8, 2020 3:04pm Sep 8, 2020 3:04pm
Quoting mistaouting
{quote} you must have a nice size account to day trade stocks; because of the pattern day trader rule. Or dose that not apply to options? Is it like $50K account min?
yes indeed... 25k minimum. I put in only 4k... I did an option short 390... risk 2700 maximum lost for maximum profit 40k (if it reaches $0) I am still trying to understand all the terms on there. BE and the premium fees and stuff. We’ll doninate forex tomorrow. I will definitely share and still wake up 3am to trade forex.
Trade what you see, take what the market gives you.
  • #1,183,179
  • Sep 8, 2020 3:06pm Sep 8, 2020 3:06pm
Quoting here2there
{quote} Are you referring to Digger1? How did you become his student? I don't see any threads where he shares his strategy.
He is easy to approach. Just throw some questions and he is willing to answer and share hiw he trades. Right now, he is mentoring Munchie, if you read pages back from where they started, you will learn already. But feel free to ask him a question. He has a good heart especially for traders who are lost in the woods. (Like I was before he give me some insights).
Only an idiot knows with certainty to where the market is going.
  • #1,183,180
  • Sep 8, 2020 3:08pm Sep 8, 2020 3:08pm
Quoting Lamira
hope to see little bit higher levels from here first {image}
Attached Image (click to enlarge)
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