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  • #1,198,321
  • Aug 6, 2021 5:46am Aug 6, 2021 5:46am
Quoting EvilEye
{quote} You too can master trading when you understand that floor traders never even used candlestick charts or indicators on them!
Haha yes, floor trading must be really different from technical analysis taught in the textbooks.
  • #1,198,322
  • Aug 6, 2021 5:55am Aug 6, 2021 5:55am
Just a quick quiz.

A. Floor trader is the guy that sits on the floor trading from home, thinks he is a "floor trader"?

B. Floor trader is the guy that is selling massivelly thinking that the price will reach the "floor"?

C. Floor trader is the guy that is buying aggresivelly thinking there is not a floor?



I wouldn't fall for C
Looking for profitable short term trades ...|
  • #1,198,323
  • Aug 6, 2021 5:57am Aug 6, 2021 5:57am
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DOW 30 4H chart . . . . I think the next significant event will be a revisit of 33.168 level . . . . Soon . . . . .

  • #1,198,324
  • Aug 6, 2021 5:59am Aug 6, 2021 5:59am
Quoting Js3mwtRc
Just a quick quiz. A. Floor trader is the guy that sits on the floor trading from home, thinks he is a "floor trader"? B. Floor trader is the guy that is selling massivelly thinking that the price will reach the "floor"? C. Floor trader is the guy that is buying aggresivelly thinking there is not a floor? I wouldn't fall for C
Τι ζω ρε ποΜΠεο...??? Τι ζω ?

  • #1,198,325
  • Aug 6, 2021 6:09am Aug 6, 2021 6:09am
Quoting Js3mwtRc
Just a quick quiz. A. Floor trader is the guy that sits on the floor trading from home, thinks he is a "floor trader"? B. Floor trader is the guy that is selling massivelly thinking that the price will reach the "floor"? C. Floor trader is the guy that is buying aggresivelly thinking there is not a floor? I wouldn't fall for C
Floor trading
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  • #1,198,326
  • Aug 6, 2021 6:14am Aug 6, 2021 6:14am
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So far so good . . . .I stay the course ...Have you thought what will happen if NFP is $ bullish what will happen to E. ???. . .

I keep my SL at 14 and see what the FFLLOOOORR traders decide. . . .. . .

May I say a comment about floor traders...? All technical art inventions and books about mov.averages , indicators, support -resistence , supply, fibs etc. were written by FLOOR Traders....., NOT by fundamental economists. . . .

Just saying . . . .

  • #1,198,327
  • Aug 6, 2021 6:14am Aug 6, 2021 6:14am
NFP will surely teach us many things today
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  • #1,198,328
  • Aug 6, 2021 6:18am Aug 6, 2021 6:18am
Quoting PatienceFx
{quote} Floor trading {image}
Man.....yes.... Do you imagine the guy staying on the next lower floor below....seeing a red lightning flash penetrating his living room

ceiling . . . .

  • #1,198,329
  • Aug 6, 2021 6:54am Aug 6, 2021 6:54am
Quoting MrBullBear
{quote} Ranging is the easiest way to trade. It is scalpers milking cow.
True, if one is good at scalping. I am way better when there is a clear direction, so I am mostly twiddling my thumbs during ranges.
  • #1,198,330
  • Aug 6, 2021 7:16am Aug 6, 2021 7:16am
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  • #1,198,331
  • Aug 6, 2021 7:30am Aug 6, 2021 7:30am
one minute more, looks like NFP is already priced in ; and nothing happens
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  • #1,198,332
  • Aug 6, 2021 7:36am Aug 6, 2021 7:36am
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  • #1,198,333
  • Aug 6, 2021 7:38am Aug 6, 2021 7:38am
USD positive news. EURUSD bearish. Closed my sell position. Adding more buys on USDCHF. Trade safe.
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  • #1,198,334
  • Aug 6, 2021 7:41am Aug 6, 2021 7:41am
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I lowered my SL on shorts to 18 05 and am flat now . Aside and watching.....

  • #1,198,335
  • Aug 6, 2021 7:42am Aug 6, 2021 7:42am
Quoting PatienceFx
{quote} i am expecting a quick slide to 1700 this month {image}
Me to i think 1.1730 looks a nice target.

Iam in with small poistion.
  • #1,198,336
  • Aug 6, 2021 7:44am Aug 6, 2021 7:44am
Quoting james1254
{quote} True, if one is good at scalping. I am way better when there is a clear direction, so I am mostly twiddling my thumbs during ranges.
That's better than losing money during ranges lol.

I lose all my money when there's no clear trend.
  • #1,198,337
  • Aug 6, 2021 7:46am Aug 6, 2021 7:46am
Quoting PatienceFx
{quote} Floor trading {image}
i hope now people understand floor trading better
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  • #1,198,338
  • Aug 6, 2021 7:49am Aug 6, 2021 7:49am
AA very simple setup to show so that from the start of the week the NFC direction was set
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  • #1,198,339
  • Aug 6, 2021 7:53am Aug 6, 2021 7:53am
1.17 70 -65 is a nice target for me . . . . . I am flat and watching.

  • #1,198,340
  • Aug 6, 2021 8:14am Aug 6, 2021 8:14am
depending on your trading style, you can either remain short for a larger gain or exit to spend sleepless time looking for a good entry later
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