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  • #1,193,961
  • May 10, 2021 12:18pm May 10, 2021 12:18pm
[quote=here2there;13531674]
Quoting helioss
{quote} Where can I find that indicator?
https://www.forexfactory.com/thread/...ty-meter-nitro
  • #1,193,962
  • Edited 3:09pm May 10, 2021 12:42pm | Edited 3:09pm
Quoting Techanalyst
{quote} Not when you have a good amount of money to trade, and you learn to trade like professional traders, than you know the risk and how much you can handle. When you do analysis on COT reports and fundamentals analysis, you don't wait on the pullbacks to enter or anything like that. You trade/invest like professional institution traders, and you enter and you hold and you will make a big profit.
I tend to wait for pullbacks.
Learn from your mistakes and march on.
  • #1,193,963
  • May 10, 2021 12:59pm May 10, 2021 12:59pm
Quoting Monk
{quote} Is that a service or some sort? Years ago I was signed up for a eur/usd signal service for long positions. Seemed to work fairly well but was often a lot of “noise” in between the entry signal and suggested take profit area. So you’d get into a trade and then start to doubt they were right based on current pricing action. But most of the time in the long run they were right. Guess at the same time - even if you’re wrong on a trade if you wait long enough the price will come back in favor lol
its free for everyone , lol

the whole world knows it
  • #1,193,964
  • May 10, 2021 1:01pm May 10, 2021 1:01pm
h4 currently
Attached Image
  • #1,193,965
  • May 10, 2021 1:07pm May 10, 2021 1:07pm
everyone is eager waiting to see what eu does at 2250
  • #1,193,966
  • May 10, 2021 1:22pm May 10, 2021 1:22pm
Quoting PatienceFx
everyone is eager waiting to see what eu does at 2250
I am eager to see what it does at 1830...it will be soon enough.
Everyone can see the chart, but only a few can actually read it.
  • #1,193,967
  • May 10, 2021 1:30pm May 10, 2021 1:30pm
Quoting PatienceFx
{quote} c u on the other side {image}
I would think around 1.1950 will happen within May then much lower as the year goes on.
It's a big game.
  • #1,193,968
  • May 10, 2021 1:30pm May 10, 2021 1:30pm
It's ranging sideways.. don't care for the direction at the moment. A 10pips up, 10pips down is the best way to trade this current stage.
Only an idiot knows with certainty to where the market is going.
  • #1,193,969
  • May 10, 2021 4:13pm May 10, 2021 4:13pm
Quoting MrBullBear
It's ranging sideways.. don't care for the direction at the moment. A 10pips up, 10pips down is the best way to trade this current stage.
It's a buy. But I am waiting for a 4HR pullback to enter.
Learn from your mistakes and march on.
  • #1,193,970
  • Edited 5:50pm May 10, 2021 4:51pm | Edited 5:50pm
Just throwing buy or sell orders out there because a strong trading bias is apparent, is not something professional traders do. Professional traders care about price. Their goal is to limit risk, and thus get in at the best possible price. Professional traders will wait for pullbacks/retracements before entering. They don't buy the top or sell the bottom; they buy the bottom and sell the top. Otherwise, they risk losing their job!

Having said that, EURUSD is bullish, but the time to buy is not right, in my opinion. My plan is to look for a buying opportunity somewhere within the range of 20902 - 20521. If I see a strong bullish signal prior to this, then I will get in earlier.

Trade safe!
Learn from your mistakes and march on.
  • #1,193,971
  • May 10, 2021 6:02pm May 10, 2021 6:02pm
Quoting here2there
Just throwing buy or sell orders up because there is a strong trading bias, is not something professional traders do. Professional traders care about price. Their goal is to limit risk, and thus get in at the best possible price. Professional traders will wait for pullbacks/retracements before entering. They don't buy the top or sell the bottom; they buy the bottom and sell the top. Otherwise, they risk losing their job! Having said that, EURUSD is bullish, but the time to buy is not right, in my opinion. My plan is to look for a buying opportunity...
Depending on what kind of a trader a persin is. What skills do a trader have. What method of trading a trader applying. Are we trading multi million account? Higher or lower time frame? Are we investing, swing, day trading or just scalping? There is no such thing as professional trader...... only one dressed coat n tie at the office trading other peoples money and the other in pajamas trading his own money. Only few are winners, most are loosers. But most loosers claim they are professional. Most professionals are loosers.
Only an idiot knows with certainty to where the market is going.
  • #1,193,972
  • May 10, 2021 6:14pm May 10, 2021 6:14pm
Quoting MrBullBear
{quote} Depending on what kind of a trader a persin is. What skills do a trader have. What method of trading a trader applying. Are we trading multi million account? Higher or lower time frame? Are we investing, swing, day trading or just scalping? There is no such thing as professional trader...... only one dressed coat n tie at the office trading other peoples money and the other in pajamas trading his own money. Only few are winners, most are loosers. But most loosers claim they are professional. Most professionals are loosers.
It still comes down to getting in at the best possible price, and thus limiting risk. Some are better at doing this than others.

A professional trader is simply a person who makes a living solely from trading. There are people out there who are doing this.
Learn from your mistakes and march on.
  • #1,193,973
  • May 10, 2021 6:27pm May 10, 2021 6:27pm
Bad news for USD: https://www.axios.com/dollar-reserve...5a25b2898.html

This is what happens when the wrong people are put in charge of matters of importance.
Learn from your mistakes and march on.
  • #1,193,974
  • May 10, 2021 7:23pm May 10, 2021 7:23pm
So I was right about the bull trap.
Pity that I had to close my position out, but also lucky I did. They went to attack where I had my stop before dropping.
Will look for another good short entry today.
  • #1,193,975
  • May 10, 2021 11:59pm May 10, 2021 11:59pm
Quoting here2there
{quote} I am guessing dealing with drawdown doesn't matter to you?
For demo it doesnt matter...
Just kidding
  • #1,193,976
  • May 11, 2021 12:16am May 11, 2021 12:16am
Ranging, but in a bullish mode. Some scenarios.

Attached Image (click to enlarge)
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Looking for profitable short term trades ...|
  • #1,193,977
  • May 11, 2021 12:28am May 11, 2021 12:28am
Quoting EvilEye
So I was right about the bull trap. Pity that I had to close my position out, but also lucky I did. They went to attack where I had my stop before dropping. Will look for another good short entry today.
Indeed, too many buying that is traped now at 2170.


Attached Image
Looking for profitable short term trades ...|
  • #1,193,978
  • May 11, 2021 12:30am May 11, 2021 12:30am
Quoting here2there
Bad news for USD: https://www.axios.com/dollar-reserve...5a25b2898.html This is what happens when the wrong people are put in charge of matters of importance.
25% of USD in circulation today was printed in 2020
  • #1,193,979
  • May 11, 2021 12:51am May 11, 2021 12:51am
Bullish today !!!

The move up was supposed to be yesterday...
  • #1,193,980
  • May 11, 2021 12:57am May 11, 2021 12:57am
Quoting NrSLionHeart
Bullish today !!! The move up was supposed to be yesterday...
I see a bear market in the making.
Plan your trades and trade your plan.
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