EURUSD

Well, lets see those very few, and its not just one post that will do it, consistency is a key factor, I think it would actually make a great thread, if those few participate. Your right, very few here are profitable/successful, this business is brutal and not for everyone and in my opinion the hardest, and if your making it, you will know what I am saying. Knowing how to trade though....I believe there are plenty that know how to trade at a base level. Turning that "knowing how to trade" into a profitable/successful life is another thing. Extreme patience, being committed, having confidence, the mindset, the grit and fortitude all play a huge role in being the one who turns trading into a successful career if that is ones goal.

I don't think the goal here should be to prove profitability @Nordling00 (bragging rights etc.. that's not good energy) but more to show the community/thread you are in that you are who you say you are, your throwing real live money at this market and you take this shit seriously.

For those that have found success, You will know what I mean, remember when you began, you were not profitable so there are people here that perhaps could be good traders but just not profitable or successful yet, it takes time, so just be careful when conversating and reviewing the live trades or current open positions ones may share.

If your new to this and still learning, and we get some participation here, don't use any of this as a signal service, or to jump into a trade based on someone sharing something or come in thinking you are going to follow someone that is successful and be successful yourself, instead, continue to pursue your own true potential at trading/at this business at life and it will come.

@RickM already mentioned, most traders lack discipline and would fail by trying to follow someone's trades, its ok and great to have a mentor in some capacity but don't just follow, you have to put in the work.

Well, here is a current open position to share, been holding for I guess 49 trading days. Yes, lots of patience and discipline here on this one.

Currently 4 lots left open.

At the time of the screen shot, up roughly 250 pips.

I know we have some news around the corner, I really don't want to see this thing below 1.2100 again, as it has already done that a couple times to me but we will see what happens the next couple of days. I have my plan in place and trading my plan.

Patience is key, keep it simple and go for it.

@HTG - You should switch to a real account with a very small amount in it because feelings play a large role in trading!

Hi HTG

I really admire traders who can kept a position opened for long periods in profit while sitting on their Hands and doing absolutely nothing.
A long time for me is a session, but normally a few minutes. The interesting discussion here could be who makes higher profits, one who trades less or one who trades more.

So forgetting about time periods and just looking at profitable traders, who wins.

The trader who made a handful of trades or the trader that made thousands of trades.

In reference to HTG’s profit, I would need to make around 500 trades to match HTG’s profits.
Do I work harder?
Do I waste precious energy?

Cheers

no use fighting with anyone, life is short, i deleted all my offensive posts, go chill

RickM, thanks for the comment.

It would be an interesting discussion for sure, but at the end of the day I don't think it really matters who makes higher profits or who trades less or who trades more given the two scenarios.

If I trade once and make $10,000 and you trade 500 to match that, great! We both made a profit and that's what you want.

For the discussion though, tough one to answer outright as to who wins though, to many unknowns.

Do you work harder, probably so in terms of screen time, management etc.., but that's not to say the trader making one trade is still not working hard.
Do you waste previous energy. Energy is spent at any point in trading and none wasted so long you have a good head on your shoulder.

Watch ECB and US CPI it may pass by many support and resistance levels without looking back, just a map. I wait for the dust to settle first and then decide.

4 hours chart, looking bearish after that pinbar

Big pin on 4HR, but lefts telltale signs on lower timeframes as well.
Also price is hanging under big MAs and is likely to bounce off. then
Just waiting for the pullback (please gimme pullback)

Nice graph from ING. I am between 1.2000 to 1.2300. What do you vote?



https://www.financialjuice.com/home#

ECB base case
This is the base case for the ECB decision

1. Deposit rate to be left unchanged at -0.5%
2. PEPP purchases to be kept unchanged as 85 billion euros in 3Q
3. Balance of risks to be skewed to the downside

ECB Revealed

CPI will come high ... this should mean that the price SHOULD (the accent is on should) go up.

But you never know ...

Futures volume tell the true story. This has happened only 5 times from last June (1 Year).



https://finviz.com/futures_charts.ashx?t=6E&p=d1

IIf I I am not wrong I see prices dropping very fast

EURUSD
edit for those who trade correlated
https://www.godmode-trader.de/artike...sdaten,9509055

How do you come up with USD's volume?

https://de.wikipedia.org/wiki/Trade_...S_Dollar_Index
How $Trades Weighted you know, I think. Some time ago I asked Stooq.pl they use the same mesurement or not- no answer.
So I am satisfied to have this. Today is interesting for me: EURUSD is lower EURUSD_I.
We will see ... I think more short this time. But after some hours ??

Yes I know, thanks for the info. I'll wait for a break of 2145 and then decide what to do ... I may trade Friday.

yes, anything like this (my old) H4

edit 15:30 MESZ
my long is gone, let s see, what short brings. Green rectangle?