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  • #1,195,021
  • May 31, 2021 5:40pm May 31, 2021 5:40pm
Quoting Techanalyst
{quote} No... retail traders fall for that pattern a lot, so they push the price up to knock out all the sellers. But doesnt matter majority of retail are sell so institutions are going higher.
Majority of retailers have been selling for weeks and they will continue even if price goes up, and at one point they will end up being right.
  • #1,195,022
  • May 31, 2021 5:42pm May 31, 2021 5:42pm
Quoting STrading
{quote} Majority of retailers have been selling for weeks and they will continue even if price goes up, and at one point they will end up being right.
No... when institutions start selling, retails will finally start buying and same movie all over again. So they are never right... just get lucky sometimes.
  • #1,195,023
  • May 31, 2021 5:59pm May 31, 2021 5:59pm
Quoting Techanalyst
{quote} No... when institutions start selling, retails will finally start buying and same movie all over again. So they are never right... just get lucky sometimes.
Doesnt them being lucky mean that they are right???
  • #1,195,024
  • May 31, 2021 6:04pm May 31, 2021 6:04pm
Quoting OnlineAddict
{quote} Sad about what? A 30 pip upmove into the month close? When you target 200-400 pips, you don't care about 100 pips against you, let alone 30-50...when you have a proper money management, you don't care about 200+ pips against you.
Fair enough, let me word it in another way:

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2

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So basically what i mean is it's going up for two months and i took that 300 pip profit. Still on long, riding that 130+ pips profit and there will be more, unless Euro loses it's fundamental advantage against USD this month. I will update it if it does, and mention that i closed my trades no worries.

So since i proved that i am profitable, since the COT is still long and retails are short, i think everything is clear. If there will be a short opportunity, i will take it but right now there is none. Trade the way you like, i mean no offense. But i am trying to be helpful here. If i am not helpful for you, i may be helpful for the other members that reading these.
You have to have an IQ higher than 90 to interact with this user.
  • #1,195,025
  • May 31, 2021 6:06pm May 31, 2021 6:06pm
Quoting STrading
{quote} Doesnt them being lucky mean that they are right???
No... it means the institutions are giving them opportunity once in a while to be right, so they keep coming back. Luck, knowledge and experience are different things. Learning trading career, its like any other career. It takes education and time. But the problem with trading career is a lot of retail are greedy and they end up losing.

I have started learning and trading about 11 years ago. For the past about 6 years, i have been doing this full time successfully. Am I lucky!? No! Its the education and experience i put into trading. So i learned to trade and invest throughout years of education and experience in trading. Its a job like any other.
  • #1,195,026
  • May 31, 2021 6:22pm May 31, 2021 6:22pm
Quoting Techanalyst
{quote} No... it means the institutions are giving them opportunity once in a while to be right, so they keep coming back. Luck, knowledge and experience are different things. Learning trading career, its like any other career. It takes education and time. But the problem with trading career is a lot of retail are greedy and they end up losing. I have started learning and trading about 11 years ago. For the past about 6 years, i have been doing this full time successfully. Am I lucky!? No! Its the education and experience i put into trading. So...
Man months and months of you telling your stories here.
Dont you get tired, dont you have anything else to do.
When you have to say everyday how good you are, it just means that you probably arent that good.
  • #1,195,027
  • May 31, 2021 6:30pm May 31, 2021 6:30pm
Quoting STrading
{quote} Man months and months of you telling your stories here. Dont you get tired, dont you have anything else to do. When you have to say everyday how good you are, it just means that you probably arent that good.
I never said how good I am. I was just explaining that this is a job just like any other out there. I am good in trading for myself. Yet I could be the worst trader/investor. But it pays my bills and I earn good money on it. Here is a tissue and wipe your tears. My proven charts disagree with your statement. So there is that.
There are other very good traders here, that share their knowledge and charts. You are not one of those. As you pop up once in a while here, and start posting nonsense just like "OnlineAddict", I don't know maybe when youre not busy at your day job, or when they lay you off, that is when you appear here. But just like a lot of others like yourself, you come and eventually fade away from here. That is that.
  • #1,195,028
  • May 31, 2021 6:35pm May 31, 2021 6:35pm
Anyway, back to trading. Looks like EURUSD is pushing higher and higher.
  • #1,195,029
  • May 31, 2021 6:39pm May 31, 2021 6:39pm
Quoting Techanalyst
{quote} I never said how good I am. I was just explaining that this is a job just like any other out there. I am good in trading for myself. Yet I could be the worst trader/investor. But it pays my bills and I earn good money on it. Here is a tissue and wipe your tears. My proven charts disagree with your statement. So there is that. There are other very good traders here, that share their knowledge and charts. You are not one of those. As you pop up once in a while here, and start posting nonsense just like "OnlineAddict", I don't know maybe when...
Got it, you have multiple personalities.
Im not saying that im good at it, but i am good at it, but i could be the worst, but i make good money.
Must be stressfull trading like that right, one techanalyst says buy, then the other one says sell and then things get into a mess.
  • #1,195,030
  • May 31, 2021 6:43pm May 31, 2021 6:43pm
Quoting STrading
{quote} Got it, you have multiple personalities. Im not saying that im good at it, but i am good at it, but i could be the worst, but i make good money. Must be stressfull trading like that right, one techanalyst says buy, then the other one says sell and then things get into a mess.
I have proven my point. Like I said, here is a tissue and wipe your tears. Exactly like I said, I could be the worst trader/investor, but it pays my bills and I make good money on it. It is my job and career and I love it. Stress free, totally relaxed. If you are a failure, find something else, other career that you will be successful at.

We are done this conversation, and back to trading. Don't stretch it or you will be reported, because so far you are talking our of your behind and are not sharing anything useful about trading. You are so far useless here just like "OnlineAddict", just bunch of nonsense.
  • #1,195,031
  • May 31, 2021 6:45pm May 31, 2021 6:45pm
Quoting STrading
{quote} Man months and months of you telling your stories here. Dont you get tired, dont you have anything else to do. When you have to say everyday how good you are, it just means that you probably arent that good.
He literally said nothing self-promoting about himself and said nothing offensive to you. Why are you being petty now? Man we gotta respect each other. Otherwise we can't discuss anything and forum will become useless & pointless.
You have to have an IQ higher than 90 to interact with this user.
  • #1,195,032
  • May 31, 2021 6:48pm May 31, 2021 6:48pm
Quoting Nordling00
{quote} He literally said nothing self-promoting about himself and said nothing offensive to you. Why are you being petty now? Man we gotta respect each other. Otherwise we can't discuss anything and forum will become useless.
Just watch what he writes, its a frustration, he is a failure at trading, lost money, so comes here to attack others. Can't keep up with a normal conversation. But this is an example of an frustrated failure. Failure is a part of life, but you get up the next day and you try to find other solutions. "STrading" and "OnlineAddict" are another type of failures, who instead of looking for solutions, they come here and get their frustration out. But they will fade out from here eventually. But we keep on going here and trying to share as much as we can to help each other in this challenging career, and always get better and make money.
  • #1,195,033
  • May 31, 2021 6:49pm May 31, 2021 6:49pm
Quoting Techanalyst
{quote} I have proven my point. Like I said, here is a tissue and wipe your tears. Exactly like I said, I could be the worst trader/investor, but it pays my bills and I make good money on it. It is my job and career and I love it. Stress free, totally relaxed. If you are a failure, find something else, other career that you will be successful at. We are done this conversation, and back to trading. Don't stretch it or you will be reported, because so far you are talking our of your behind and are not sharing anything useful about trading. You are...
Your parents spoiled you quite a lot didnt they.
You still talk like a child.
  • #1,195,034
  • May 31, 2021 6:51pm May 31, 2021 6:51pm
Quoting STrading
{quote} Your parents spoiled you quite a lot didnt they. You still talk like a child.
It's ok buddy. Relax, take a tissue wipe your tears, your nose and your behind. Go for a walk, get some fresh air. Get out of your parents house for a bit, we understand you are frustrated.
  • #1,195,035
  • May 31, 2021 7:00pm May 31, 2021 7:00pm
Quoting Nordling00
{quote} He literally said nothing self-promoting about himself and said nothing offensive to you. Why are you being petty now? Man we gotta respect each other. Otherwise we can't discuss anything and forum will become useless & pointless.
I have talked with him in the past, and i do like to push him once in a while, and it always ends with him saying the same thing.
99% of the forum is useless e pointless, and its not my fault because i dont spend all day here spreading BS.
  • #1,195,036
  • May 31, 2021 7:02pm May 31, 2021 7:02pm
Quoting Techanalyst
{quote} Just watch what he writes, its a frustration, he is a failure at trading, lost money, so comes here to attack others. Can't keep up with a normal conversation. But this is an example of an frustrated failure. Failure is a part of life, but you get up the next day and you try to find other solutions. "STrading" and "OnlineAddict" are another type of failures, who instead of looking for solutions, they come here and get their frustration out. But they will fade out from here eventually. But we keep on going here and trying to share as much...
Exactly, you summed it up great.

Winner mentality vs. Loser mentality.

And we successful traders eat losers for breakfast.
You have to have an IQ higher than 90 to interact with this user.
  • #1,195,037
  • May 31, 2021 7:04pm May 31, 2021 7:04pm
Quoting STrading
{quote} I have talked with him in the past, and i do like to push him once in a while, and it always ends with him saying the same thing. 99% of the forum is useless e pointless, and its not my fault because i dont spend all day here spreading BS.
Here is my open trades so far. Grab a tissue, this is going to get you frustrated even more. You are not spreading anything, you are just useless here.
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  • #1,195,038
  • May 31, 2021 7:06pm May 31, 2021 7:06pm
Quoting Nordling00
{quote} Exactly, you summed it up great. Winner mentality vs. Loser mentality. And we successful traders eat losers for breakfast.
STrading has no mentality, no brain. Just frustration.
  • #1,195,039
  • May 31, 2021 7:06pm May 31, 2021 7:06pm
Hell ya FOREX FIGHT.

Short the dollar.
  • #1,195,040
  • May 31, 2021 7:11pm May 31, 2021 7:11pm
More sellers...

https://www.dailyfx.com/sentiment

https://www.myfxbook.com/community/outlook
276 traders viewing now