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  • #120,261
  • Nov 27, 2020 12:24pm Nov 27, 2020 12:24pm
Quoting bigiivan
{quote} Leon, may Iask you when you expect a strong resistance, why don't you start sells?
Hi BigIve, I am just one of those guys that cannot act on resistance/support zones alone. I prefer to wait for confirmation. Maybe it is because I have been burnt in the past. It is ok for a couple of pips scalp. You will almost always see that my swing trades are off the top or bottom with a pullback and entry based on the 4hr timeframe. It is just a system that has been ingrained in me for so many years that it has become natural. I have thought many times about taking scalps with higher risk, in fact, I did this when I started posting in Ata's thread more than a year ago. Just did not work for me.

Cheers
Leon
Trade to trade another day
  • #120,262
  • Nov 27, 2020 12:38pm Nov 27, 2020 12:38pm
Quoting Wavegarrick
{quote} Hi BigIve, I am just one of those guys that cannot act on resistance/support zones alone. I prefer to wait for confirmation. Maybe it is because I have been burnt in the past. It is ok for a couple of pips scalp. You will almost always see that my swing trades are off the top or bottom with a pullback and entry based on the 4hr timeframe. It is just a system that has been ingrained in me for so many years that it has become natural. I have thought many times about taking scalps with higher risk, in fact, I did this when I started posting...
Hm! You are a colorful person, Leon. I don't know how it says in english. You are a trader but you are not greedy. Strange but interesting.
Good luck with your trades, brother!
  • #120,263
  • Nov 27, 2020 1:03pm Nov 27, 2020 1:03pm
All sl moved to 1.19500...am not giving back these profits
Risk comes from not knowing what to do
  • #120,264
  • Nov 27, 2020 1:10pm Nov 27, 2020 1:10pm
Quoting Austyno
All sl moved to 1.19500...am not giving back these profits
Good job. I didn't touch this pair today. I made a killing in two other pairs.
  • #120,265
  • Edited 3:49pm Nov 27, 2020 1:20pm | Edited 3:49pm
The potato is hot now, major breakout looming.
Another day, another dollar.
  • #120,266
  • Nov 27, 2020 1:48pm Nov 27, 2020 1:48pm
Attached Image (click to enlarge)
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  • #120,267
  • Nov 27, 2020 2:19pm Nov 27, 2020 2:19pm
Quoting Endoephemera
I longed at 1.19450 at fast retr. with limit orders.
I'm keeping my longs over the week end. No sign of the swing near end.
Practitioner of the cryptic trading arts
  • #120,268
  • Nov 27, 2020 2:52pm Nov 27, 2020 2:52pm
Quoting Endoephemera
{quote} I'm keeping my longs over the week end. No sign of the swing near end.
The Iran development could portend extra geopolitical risk over the weekend. Just a thought.
  • #120,269
  • Nov 27, 2020 4:07pm Nov 27, 2020 4:07pm
Quoting Austyno
All sl moved to 1.19500...am not giving back these profits
That was pretty exact again, wasn't it?

Attached Image
  • #120,270
  • Nov 27, 2020 4:29pm Nov 27, 2020 4:29pm
Quoting Wavegarrick
{quote} Hi BigIve, I am just one of those guys that cannot act on resistance/support zones alone. I prefer to wait for confirmation. Maybe it is because I have been burnt in the past. It is ok for a couple of pips scalp. You will almost always see that my swing trades are off the top or bottom with a pullback and entry based on the 4hr timeframe. It is just a system that has been ingrained in me for so many years that it has become natural. I have thought many times about taking scalps with higher risk, in fact, I did this when I started posting...
i can feel you.
scalping put you too much stress since it's require high discipline,fast reaction and concentration.
1 random news can ruin everything and put your account in jeopardy or even margin call.
it's a painful memory.
  • #120,271
  • Nov 27, 2020 4:33pm Nov 27, 2020 4:33pm
Quoting ursinho4711
{quote} That was pretty exact again, wasn't it? {image}
Yes bro, you have a wonderful system, thanks again. Have a blessed weekend
Risk comes from not knowing what to do
  • #120,272
  • Nov 27, 2020 4:35pm Nov 27, 2020 4:35pm
Quoting Mitiblotch
{quote} Good job. I didn't touch this pair today. I made a killing in two other pairs.
I trust you bro, always representing
Risk comes from not knowing what to do
  • #120,273
  • Nov 27, 2020 11:46pm Nov 27, 2020 11:46pm
Again, time for next res. levels. Interesting to see if market gaps on monday
Attached Image (click to enlarge)
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TMT Scalping System (Best system on FF)
  • #120,274
  • Nov 28, 2020 5:22am Nov 28, 2020 5:22am
This is what i see on Monday
Price is actually ripe for a drop. The drop should actually start from open price(1.19623) to 1.18766.
Then the buy off should resume from there (1.18766)
For the buy off to be sure, we must not have a bearish engulfing candle on daily.
Goodluck on your trading and yes I will close my longs on market open
Risk comes from not knowing what to do
  • #120,275
  • Nov 28, 2020 5:57am Nov 28, 2020 5:57am
Gazing into the stars
  • #120,276
  • Edited 5:18pm Nov 28, 2020 8:11am | Edited 5:18pm
Greed maybe number one force against a trader in forex/stocks....... it doesn't start and stop with profits only.... it goes into a traders everyday life and day to day dealings...... creates a dysmorphic personality ............ insight into this is problem....... a trader should pause and reflect....... this correction and improvement will do wonders as a single most important factor that a trader can acquire whilst trying to travel at the speed of light ,madly searching for that holygrail indicator which is fools gold.
It's the same force that destroys after lottery jackpots are won and the stories that follow.
Be honest , truthful and ethical. This is a good trade ... whilst focusing on success .
99.9% don't have this.
Not Ad Hominem.....
  • #120,277
  • Edited 12:32pm Nov 28, 2020 8:59am | Edited 12:32pm
Quoting Austyno
This is what i see on Monday Price is actually ripe for a drop. The drop should actually start from open price(1.19623) to 1.18766. Then the buy off should resume from there (1.18766) For the buy off to be sure, we must not have a bearish engulfing candle on daily. Goodluck on your trading and yes I will close my longs on market open
The only thing that will negate this analysis is if we take out Friday's high, then I will keep my longs
Risk comes from not knowing what to do
  • #120,278
  • Nov 28, 2020 2:00pm Nov 28, 2020 2:00pm
It still looks like accumulation to me. US presidential election was used as bear trap fake and to print monthly low. Weekly/monthly bull flag possibly breaking to upside. 13 year downtrend line being challenged.
Charts are limited in nature. What is the relative location?
  • #120,279
  • Nov 28, 2020 10:09pm Nov 28, 2020 10:09pm
The regional threats in the Middle East and election problems in the United States, will certainly have an emotional impact on the market in the coming weeks.
  • #120,280
  • Nov 29, 2020 10:10am Nov 29, 2020 10:10am
POTENTIAL GARTLEY in play.
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