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The Strength of USD

  • #401
  • Oct 31, 2020 10:28pm Oct 31, 2020 10:28pm
Uncertainty will always be part of the game whether there’s an event or not. The best thing to do is to always put SL and/or TP in every open trade ...
Market is not random but unpredictable
  • #402
  • Nov 2, 2020 5:33pm Nov 2, 2020 5:33pm
The ability to identify the ongoing trend is useless without the ability to gauge its oscillating strength ...
Market is not random but unpredictable
  • #403
  • Nov 3, 2020 3:00pm Nov 3, 2020 3:00pm
Quoting 4for4
What goes up must come down and vice versa —> Use a mean-reversion strategy to play the market ...
A trending strategy can only be used in one market condition, while a mean-reversion strategy is applicable whether the market is trending or ranging because a trend will eventually make a correction ...
Market is not random but unpredictable
  • #404
  • Nov 5, 2020 5:30pm Nov 5, 2020 5:30pm
Two components of a successful mean-reversion strategy:
1. The Equilibrium: Anything above is sellable, anything below is buyable ...
2. Overbought/Oversold indicator ...
Market is not random but unpredictable
  • #405
  • Jan 3, 2021 8:05pm Jan 3, 2021 8:05pm
There 4 identifiable trend-conditions:
1. Change of Trend,
2. Trend Correction,
3. Trend Resumption, and
4. Trend Continuation.

The mean-reversion strategy is best applied during a trend-resumption period ...
Market is not random but unpredictable
  • #406
  • Edited 4:44am Jan 4, 2021 3:07am | Edited 4:44am
About Dollar Strenght:

I think we are at the edge of big correction in dolar downside trend. Firstly there are some good information realated to covid so market can anticipate that FED will not act as much as could. Secondly we can see the bigest inflation expactation since April 2019 so market can start thinking in some hawkish way. I think this scenario can happen.
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  • #407
  • Jan 4, 2021 4:34am Jan 4, 2021 4:34am
Really interesting i would be of the opinion a correction is coming soon too. The seasonals are supporting a correction too.
  • #408
  • Jan 12, 2021 12:16am Jan 12, 2021 12:16am
Quoting CraigMcG2020
Really interesting i would be of the opinion a correction is coming soon too. The seasonals are supporting a correction too.

As you can see this scenario is still actual. EURUSD sentiment in short term is bearish and we are going to reach 1.21, maybe 1.20. It depends on inflation data.

I think INFLATION will be the most important indicator in next months which will determine dollar price on market. If inflation forecast will go up, it could trigger EURUSD move below 1.19.
  • #409
  • Jan 15, 2021 11:25pm Jan 15, 2021 11:25pm
Quoting 4for4
There 4 identifiable trend-conditions: 1. Change of Trend, 2. Trend Correction, 3. Trend Resumption, and 4. Trend Continuation. The mean-reversion strategy is best applied during a trend-resumption period ...
Wait for a less-than-50%-correction before playing a trend-continuation ...
Market is not random but unpredictable
  • #410
  • Feb 1, 2021 12:02am Feb 1, 2021 12:02am
Use the weekly to identify trend and use the daily to monitor correction ...
Market is not random but unpredictable
  • #411
  • Feb 2, 2021 9:12am Feb 2, 2021 9:12am
Quoting MarkFxAnde
EUR/USD is more appropriate trading pair for all kinds of traders in particularly the newcomers due to its comfortable trading spreads. as a newcomer , besides this I like to trade all other major pairs in my demo for increasing my trading performance very rapidly.

Really love this. The hard part is sitting on your hands
  • #412
  • Feb 10, 2021 2:08pm Feb 10, 2021 2:08pm
Quoting 4for4
Don’t chase a running trend, but prepare to play its reversal ...
Correction:
“Don’t chase a running trend, wait for its correction before playing” ...
Market is not random but unpredictable
  • #413
  • Feb 11, 2021 12:27pm Feb 11, 2021 12:27pm
Buy NZD @ 0.7227 —> 0.7103 / 0.7289 ...
Market is not random but unpredictable
  • #414
  • Feb 13, 2021 5:51am Feb 13, 2021 5:51am
Quoting DuPapai
{quote} Have an approach that works both in cold winters and sunny summers. Switching in between the two systems will make you a jump around clown
I agree, that’s why I turned to one concept of trading nowadays ... (“wait for its correction before playing a trend”)
Market is not random but unpredictable
  • #415
  • Feb 19, 2021 2:27am Feb 19, 2021 2:27am
Quoting 4for4
Buy NZD @ 0.7227 —> 0.7103 / 0.7289 ...
Trail the stop to 0.7155 ...
Market is not random but unpredictable
  • #416
  • Edited 6:55am Feb 19, 2021 4:36am | Edited 6:55am
Quoting 4for4
Buy NZD @ 0.7227 —> 0.7103 / 0.7289 ...
TP was reached on the 19Feb ...
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Market is not random but unpredictable
  • #417
  • Feb 23, 2021 1:33am Feb 23, 2021 1:33am
Impatience is the root of all our problems, it’s the biggest pitfall as we make our way through life and trading ...
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Market is not random but unpredictable
  • #418
  • Edited 4:10pm Feb 23, 2021 3:50am | Edited 4:10pm
In trading, psychology will make or break us, i.e., do we have the patience to wait for a certain market condition before even planning a trade?
Market is dynamic, but our mind doesn’t have to be. Play the system, not the market. Let the market come before playing ...
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Market is not random but unpredictable
  • #419
  • Feb 24, 2021 2:51am Feb 24, 2021 2:51am
No more fear of missing out ...
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(Waiting patiently for the market to come to us)
Market is not random but unpredictable
  • #420
  • Feb 25, 2021 5:11pm Feb 25, 2021 5:11pm
This is why majority of traders fail ...
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(Wisdom and common sense come in the form of patience)
Market is not random but unpredictable
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