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  • #120,681
  • Dec 2, 2020 5:40am Dec 2, 2020 5:40am
Quoting NabsO
{quote} Hiya Ata can you explain why pls, the less percentage of buyers keeps your bullish bias or am i mistaken. IS this cause of manipulation?? Thanks
No, it is because 90 to 95% of traders are generally losers.. In other words the 10/15% or traders are generally in the correct direction.. When it becomes 20% that means both sides are sort of confused or getting confused.. Just a theory though and can only be used as a helper for technicals.. Take this data with a grain of salt.. Because technicals always come first!

*Even in everything in life: Staying away from the opinions of the majority is wiser lol...

Stay Green
Focus only on what truly matters!
  • #120,682
  • Dec 2, 2020 5:41am Dec 2, 2020 5:41am
Quoting Ata-Turkoglu
{quote} No it is because 90 to 95% of traders are generally losers.. In other words the 10/15% or traders are generally in the correct direction.. When it becomes 20% that means both sides are sort of confused.. Just a theory though and can only be used as an helper for technicals.. Take this data with a grain of salt.. Because technicals always come first! Stay Green
Nailed it
Risk comes from not knowing what to do
  • #120,683
  • Dec 2, 2020 5:44am Dec 2, 2020 5:44am
Again falling wedge landing on upward sloping trendline @1.1240, so I expect a breakout to the upside.
Another day, another dollar.
  • #120,684
  • Dec 2, 2020 5:51am Dec 2, 2020 5:51am
Quoting Ata-Turkoglu
{quote} No, it is because 90 to 95% of traders are generally losers.. In other words the 10/15% or traders are generally in the correct direction.. When it becomes 20% that means both sides are sort of confused or getting confused.. Just a theory though and can only be used as a helper for technicals.. Take this data with a grain of salt.. Because technicals always come first! *Even in everything in life: Staying away from the opinions of the majority is wiser lol... Stay Green
Ok Makes sense, Thank you
  • #120,685
  • Dec 2, 2020 5:58am Dec 2, 2020 5:58am
Quoting Ata-Turkoglu
{quote} No, it is because 90 to 95% of traders are generally losers.. In other words the 10/15% or traders are generally in the correct direction.. When it becomes 20% that means both sides are sort of confused or getting confused.. Just a theory though and can only be used as a helper for technicals.. Take this data with a grain of salt.. Because technicals always come first! *Even in everything in life: Staying away from the opinions of the majority is wiser lol... Stay Green
I don't mean to be a weisenheimer, but i think it is not that bad. According to Oanda exactly 73.5% of retail investors lose money with CFDs...
Check the text in the blue window on top of this page https://www.oanda.com/rw-en/trading/...B&gclsrc=aw.ds
Another day, another dollar.
  • #120,686
  • Dec 2, 2020 6:00am Dec 2, 2020 6:00am
Quoting nic9man
{quote} It is not that bad. According to Oanda exactly 73.5% of retail investors lose money with CFDs... Check www.oanda.com, also an FX broker.
I am good with the ideas the mixture of multiple broker statistics on FF gives me.. I avoid a single broker's statistics.. Thanks..

Stay Green
Focus only on what truly matters!
  • #120,687
  • Dec 2, 2020 6:02am Dec 2, 2020 6:02am
Quoting Ata-Turkoglu
{quote} I am good with the ideas the mixture of multiple broker statistics on FF gives me.. I avoid a single broker's statistics.. Thanks.. Stay Green
Sure, just thought 90% sounds extreme - all these people should stop trading eventually and it must be quite hard for brokrs to attract new traders to burn their money if 90% leave over time.
Another day, another dollar.
  • #120,688
  • Dec 2, 2020 6:20am Dec 2, 2020 6:20am
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  • #120,689
  • Dec 2, 2020 6:27am Dec 2, 2020 6:27am
This week has been a bad week for me
  • #120,690
  • Dec 2, 2020 6:33am Dec 2, 2020 6:33am
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1.1956 is possible to reach
  • #120,691
  • Dec 2, 2020 6:36am Dec 2, 2020 6:36am
New Hig with LOW VOLUME.....pay attention, uptrend is weaking
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  • #120,692
  • Dec 2, 2020 6:40am Dec 2, 2020 6:40am
Down will resume when we clear this
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Don't mind me.. i'm crazy
  • #120,693
  • Dec 2, 2020 6:41am Dec 2, 2020 6:41am
Quoting corongumet
{image}1.1956 is possible to reach
very likely
Dangdut is a music of my country
  • #120,694
  • Dec 2, 2020 6:42am Dec 2, 2020 6:42am
Quoting NuNix
{quote} very likely
Tarik Sesss
  • #120,695
  • Dec 2, 2020 6:50am Dec 2, 2020 6:50am
Needs to clear the hurdle below 12040 which should help the drop towards 12000
Insane in the Brain..
  • #120,696
  • Dec 2, 2020 6:54am Dec 2, 2020 6:54am
Quoting myths
This week has been a bad week for me
Give yourself a break and peacefully study your recent orders so that your obviously overloaded mind can rest for a while.. Especially weekends are very helpful for self-analysis.. Best wishes

Stay Green
Focus only on what truly matters!
  • #120,697
  • Dec 2, 2020 6:57am Dec 2, 2020 6:57am
Quoting Ata-Turkoglu
{quote} Watch the LOW of current H1 candle.. (write it down once candle closes) 3 more minutes.. That price can become support.. Beware! BUT if next H1 candle closes below this low then I am anticipating free fall.. Edit: Candle just closed.. The low on my broker is: 1.20464.. Only an H1 candle close below this level provides intraday bear continuation.. Stay Green
As I anticipated, this level is still holding.. Not a great place to sell.. Scalper buying could work (I am not a buyer today though, I simply will stay on sidelines until I can detect a low-risk place to sell again)

Stay Green
Focus only on what truly matters!
  • #120,698
  • Dec 2, 2020 6:58am Dec 2, 2020 6:58am
Quoting purevenom
Down will resume when we clear this {image}
It's too early. Daily close above 91.92 or weekly is far better. Until then It's sideways.
  • #120,699
  • Dec 2, 2020 6:59am Dec 2, 2020 6:59am
Quoting nic9man
Again falling wedge landing on upward sloping trendline @1.1240, so I expect a breakout to the upside.
spot-on
Another day, another dollar.
  • #120,700
  • Edited 8:08am Dec 2, 2020 7:04am | Edited 8:08am
Quoting Ata-Turkoglu
{quote} Give yourself a break and peacefully study your recent orders so that your obviously overloaded mind can rest for a while.. Especially weekends are very helpful for self-analysis.. Best wishes Stay Green
yeah, i think so. we have to learn from ours mistakes.
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