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  • #1,189,681
  • Jan 21, 2021 11:00am Jan 21, 2021 11:00am
Quoting Leesi
High chance to see a counter move from 2133-38 to 2155 level.. Probability ratio 65:35
hey,


do you mind sharing how you came up with that ratio or probability

EDIT: also why wouldn't you say 13:7
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  • #1,189,682
  • Jan 21, 2021 11:02am Jan 21, 2021 11:02am
Continue selling and hold god will be very pleased with you long term downtrend has started
  • #1,189,683
  • Jan 21, 2021 11:28am Jan 21, 2021 11:28am
Quoting mistaouting
{quote} hey, do you mind sharing how you came up with that ratio or probability EDIT: also why wouldn't you say 13:7
TA is a probability game.. Various factors involved i guess..
We can say like how your play chess and how you make a quick move.. If you ask how and why you did that move, it need lot of time to explain it..
Lets see it will work or not!
Wise traders try to take the advange of each probability and exit fast..
I normaly dont write close your trade here etc..it depend on each traders wisdom.. Be flexible in trading and always keep your trade nill.. Then oppertunities will knock again and again..
Also algo cant trap you...!
  • #1,189,684
  • Jan 21, 2021 11:43am Jan 21, 2021 11:43am
Quoting Leesi
{quote} TA is a probability game.. Various factors involved i guess.. We can say like how your play chess and how you make a quick move.. If you ask how and why you did that move, it need lot of time to explain it.. Lets see it will work or not! Wise traders try to take the advange of each probability and exit fast.. I normaly dont write close your trade here etc..it depend on each traders wisdom.. Be flexible in trading and always keep your trade nill.. Then oppertunities will knock again and again.. Also algo cant trap you...!
i was thinking you used some sort of math/calculations to determine. thought you may have used some functions,variable, values or something to determine

like how did you come up with those numbers....
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  • #1,189,685
  • Jan 21, 2021 11:49am Jan 21, 2021 11:49am
Quoting mistaouting
{quote} i was thinking you used some sort of math/calculations to determine. thought you may have used some functions,variable, values or something to determine like how did you come up with those numbers....
If you know advanced level of TA you too can spot all these..
There is no other tools required..
But it need some years bitter experience...
I would say 28-32! of loosing money!
  • #1,189,686
  • Jan 21, 2021 11:57am Jan 21, 2021 11:57am
Quoting Leesi
{quote} If you know advanced level of TA you too can spot all these.. There is no other tools required.. But it need some years bitter experience... I would say 28-32!
oh...sounds like more art than science.

So you have no mathematical equation to calculate that probability you provided? You just looked at it with your TA experience and the ratio came to mind without any math performed to produce that ratio, is that correct.

Not at all questioning your call, strategy, or accuracy. Was sincerely curious how you came up that probability to look further in applying to my TA

thanks for answering!
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  • #1,189,687
  • Jan 21, 2021 12:04pm Jan 21, 2021 12:04pm
Quoting mistaouting
{quote} oh...sounds like more art than science. So you have no mathematical equation to calculate that probability you provided? You just looked at it with your TA experience and the ratio came to mind without any math performed to produce that ratio, is that correct. Not at all questioning your call, strategy, or accuracy. Was sincerely curious how you came up that probability to look further in applying to my TA thanks for answering!
There is no art.. It is a mix of tools we use in TA. But many tools dont work these days. Because algo is programmed that way i fear to alter it.. Did u see the wild move we used to see in the past?
Now a days it is more like a trapping game..
The smart money see our trades.. And we play blind..
So best option is, use all tools available in TA..
Now i fear we might be heading towards 2178-83 in the coming days..for that we need more confirmation..
No more bearish thought for the time being!
  • #1,189,688
  • Jan 21, 2021 12:18pm Jan 21, 2021 12:18pm
Smart money is losing too. Bad sentiment along with profit taking will leed the price lower.
Looking for profitable short term trades ...|
  • #1,189,689
  • Jan 21, 2021 12:48pm Jan 21, 2021 12:48pm
Quoting Leesi
High chance to see a counter move from 2133-38 to 2155 level.. Probability ratio 65:35
Hit 2155!
Below 2150 no more long..
Above 2158 no more short..
The simple maths is, be safe!
  • #1,189,690
  • Jan 21, 2021 1:26pm Jan 21, 2021 1:26pm
EUR/USD still in an overall uptrend. Added more long at 1.2100 yesterday. Let's see if we can now make a new high and hit 1.2500 on another wave up.
"The market doesn't beat them, they beat themselves" - J. Livermore
  • #1,189,691
  • Jan 21, 2021 2:41pm Jan 21, 2021 2:41pm
High risk trade 2164 sl 2174 for a scalping trade..
55:45 chance
  • #1,189,692
  • Edited 3:45pm Jan 21, 2021 3:33pm | Edited 3:45pm
Quoting Leesi
High risk trade 2164 sl 2174 for a scalping trade.. 55:45 chance
seriously ...lol...how do you come up with the probability.....what numbers did you use and where did you get them to get 55:45? Im really laughing at myself for wanting to know so bad

this funny!

EDIT: are you saying a 55 outcomes you could be right and 45 outcomes where you would be wrong...im confused

EDIT: Your writing to numbers as if they are ratios....but I'm thinking your thinking or meaning 55% and 45% chance of being write or wrong because both times your ratios totaled 100....like 100% if that is the case your could just write 55%....its a given you have the remaining to be wrong. But your writing them as ratios 55:45
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  • #1,189,693
  • Jan 21, 2021 4:38pm Jan 21, 2021 4:38pm
a lot of people in this thread ignoring the fundamentals and its likely to cost them demo bucks.
  • #1,189,694
  • Jan 21, 2021 4:42pm Jan 21, 2021 4:42pm
Quoting Takisd
a lot of people in this thread ignoring the fundamentals and its likely to cost them demo bucks.
Not just this thread. Most of the threads. A trader that wants to trade/invest full time, and be successful and profitable, must use technical and fundamental analysis. Trade safe.
  • #1,189,695
  • Jan 21, 2021 5:31pm Jan 21, 2021 5:31pm
The pair will find resistance @1.2190s and just below 1.2220 should hold it from advancing.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #1,189,696
  • Jan 21, 2021 5:39pm Jan 21, 2021 5:39pm
Quoting Takisd
a lot of people in this thread ignoring the fundamentals and its likely to cost them demo bucks.
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  • #1,189,697
  • Jan 21, 2021 5:42pm Jan 21, 2021 5:42pm
Quoting ChiForex
The pair will find resistance @1.2190s and just below 1.2220 should hold it from advancing.
bulls still driving.... saying that because a key support of mine held. Looking for price to break 2190 to reaffirm my thought

EDIT: I want hand it to the bears until they take 2050
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  • #1,189,698
  • Jan 21, 2021 9:15pm Jan 21, 2021 9:15pm
Quoting PatienceFx
Continue selling and hold god will be very pleased with you long term downtrend has started
That's exactly what I see. Bulls are about to get robbed. I'm loaded short, ready to go with high volume London bears.
Poor EUR PMIs 5 hours from now should be the trigger to switch everything bearish for the next few weeks at least.
You cannot fail if you never give up.
  • #1,189,699
  • Jan 22, 2021 12:01am Jan 22, 2021 12:01am
Shorted at 2171. Expecting a drop..
  • #1,189,700
  • Jan 22, 2021 12:13am Jan 22, 2021 12:13am
Good morning. EU came near 2180 at Asia and it is showing signs of exhaustion in price action, the trend is up, but PMI's should scare the bears and it can move at 2135/15 support levels. Above here 2180 is what the bulls need to break to advance more first at 2200 and then 2220.
Looking for profitable short term trades ...|
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