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EURUSD

  • #1,187,041
  • Nov 6, 2020 1:40pm Nov 6, 2020 1:40pm
Quoting Delta1One
{quote} Used to be good you mean. Now it's peanuts. Even on Wednesday pay day when you cash (or pay) 3 days in a row.{image} Nothing compared to the below {image}{image} In normal times, I would agree that it is due a little retrace, but careful. We're not in normal time, specially over this week-end. Lot of gamblers awaiting Monday's American lottery results...
Yes, Monday. I am looking forward. So impatient.
  • #1,187,042
  • Nov 6, 2020 1:58pm Nov 6, 2020 1:58pm
Quoting bigiivan
{quote} Yes, Monday. I am looking forward. So impatient.
keep an eye on your 30m lines and daily config. Be careful.
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MACD RSI 30 min
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MACD RSI daily
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Daily
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  • #1,187,043
  • Nov 6, 2020 2:18pm Nov 6, 2020 2:18pm
Quoting Delta1One
{quote} keep an eye on your 30m lines and daily config. Be careful. {image} MACD RSI 30 min {image} MACD RSI daily {image} Daily {image}
Could still have some room to go. Just pointing out the changes in the step's proportion. Nothing more.
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  • #1,187,044
  • Nov 6, 2020 2:38pm Nov 6, 2020 2:38pm
Quoting MrBullBear
Let me pitch in and try to share my point of view.. You guys are focus on the definition of Gambling and Trading, you forgot about the definition of the Market. Is Market random? All of us agree! Analysation before entering a trade: Technical: It is PA dependent, sometimes right, sometimes wrong. Sentiments: Sometimes right, sometimes wrong. Fundamentals: Price doesn't always re-act on whatever data it tells. Even if it did re-act the way it tells, often times, price moves before data release or way after. Psychology: You could be right, you could...
Once a person puts their self in a position to lose something and they are NOT 100% sure of the outcome it's a gamble even if your 99% sureleaving you a minimum risk level it's still a GAMBLE. Anyone tells you they are 100% certain where forex pair will go... Stand back. Anyone who can't accept that fact are delusional.

Also trading is trading but it incorporates gambling. Gambling isn't just throwing darts in air with eyes closed and a prayer... When gambling you do the best you can to say by aim the darts as best you can. Some people don't have a clue about statistics and the role they play hence odds and historical data.

Gambling also involves risk management and very important in gambling....think poker think Willie Nelson you got to know when to hold when to fold.... Know when to exit a trade
LOCK IN RE-ENTER
  • #1,187,045
  • Nov 6, 2020 3:46pm Nov 6, 2020 3:46pm
Quoting MrBullBear
{quote} I will only flip when my TSL gets hit. My TSL level is my signal for reversal of trend. I already closed some orders below for security. {image}
I flipped as my TSL hit and I got out quick hitting my tight SL while still undwr water this time. I will buy again before the spread widens and leave it over the weekend. Expecting a gap favoring the bull.
Only an idiot knows with certainty to where the market is going.
  • #1,187,046
  • Nov 6, 2020 4:07pm Nov 6, 2020 4:07pm
Forgot to close my short
LOCK IN RE-ENTER
  • #1,187,047
  • Nov 6, 2020 4:27pm Nov 6, 2020 4:27pm
Quoting mistaouting
{quote} Once a person puts their self in a position to lose something and they are NOT 100% sure of the outcome it's a gamble even if your 99% sureleaving you a minimum risk level it's still a GAMBLE. Anyone tells you they are 100% certain where forex pair will go... Stand back. Anyone who can't accept that fact are delusional. Also trading is trading but it incorporates gambling. Gambling isn't just throwing darts in air with eyes closed and a prayer... When gambling you do the best you can to say by aim the darts as best you can. Some people don't...
Trading is not gambling.
  • #1,187,048
  • Nov 6, 2020 4:29pm Nov 6, 2020 4:29pm
Quoting Techanalyst
{quote} Trading is not gambling.
Okay, but you gamble when you trade!
LOCK IN RE-ENTER
  • #1,187,049
  • Nov 6, 2020 4:30pm Nov 6, 2020 4:30pm
Quoting mistaouting
{quote} Okay, but you gamble when you trade!
Trading is not gambling.
  • #1,187,050
  • Nov 6, 2020 4:30pm Nov 6, 2020 4:30pm
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  • #1,187,051
  • Nov 6, 2020 4:34pm Nov 6, 2020 4:34pm
Quoting Techanalyst
{quote} Trading is not gambling.
Okay, but you gamble when you trade
LOCK IN RE-ENTER
  • #1,187,052
  • Nov 6, 2020 4:35pm Nov 6, 2020 4:35pm
Quoting mistaouting
{quote} Okay, but you gamble when you trade
Trading is not gambling.
  • #1,187,053
  • Nov 6, 2020 4:56pm Nov 6, 2020 4:56pm
Quoting Techanalyst
{quote} Trading is not gambling.
You gamble when you trade
LOCK IN RE-ENTER
  • #1,187,054
  • Nov 6, 2020 5:04pm Nov 6, 2020 5:04pm
If you're the brokerage (casino), then, for sure, it's not gambling.
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  • #1,187,055
  • Nov 6, 2020 5:24pm Nov 6, 2020 5:24pm
Quoting mistaouting
{quote} You gamble when you trade
Trading is not gambling.
  • #1,187,056
  • Nov 6, 2020 5:29pm Nov 6, 2020 5:29pm
If intelligence were the key, there will be a lot more people making money in trading.
Only an idiot knows with certainty to where the market is going.
  • #1,187,057
  • Nov 6, 2020 5:38pm Nov 6, 2020 5:38pm
Quoting mistaouting
{quote} You gamble when you get married
I agree
  • #1,187,058
  • Nov 6, 2020 5:39pm Nov 6, 2020 5:39pm
Quoting Techanalyst
{quote} Trading is not gambling.
You take on risk when you enter a trade...that's a gamble by definition of the word gamble.. not my opinion, belief, ego, pride, misunderstanding, but fact.

Don't expect you to deal in fact especially if your ego and pride is involved and that's okay that's who you are. Some people don't deal with science or turth...they don't do well with it.
LOCK IN RE-ENTER
  • #1,187,059
  • Nov 6, 2020 5:40pm Nov 6, 2020 5:40pm
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Only an idiot knows with certainty to where the market is going.
  • #1,187,060
  • Nov 6, 2020 6:04pm Nov 6, 2020 6:04pm
Quoting PatienceFx
{quote} I agree
That's fake news buddy
LOCK IN RE-ENTER
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