Disliked{quote} I don't like my entry but I open trade at H4 Close confirmations. {image}Ignored
1
- #123,402
- Aug 13, 2021 1:04pm Aug 13, 2021 1:04pm
- Joined Jan 2013 | Status: Trader | 4,386 Posts
MA provides the market's current direction and strength.
- #123,404
- Aug 13, 2021 3:37pm Aug 13, 2021 3:37pm
- Joined Feb 2012 | Status: Trader | 1,994 Posts
{quote} I don't like my entry but I open trade at H4 Close confirmations. {image}
- #123,405
- Aug 13, 2021 6:52pm Aug 13, 2021 6:52pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} GU Aug 13 H1 London 11am
- price in narrow range consolidation ... the H1 Master Candle before New York closed last night. Observe tthe TDI, the green price line went outside the lower VB and re-enters the VB ... price consolidation. In such situations the TDI is useless to trade.
- now price is back to near today Day Open
- wait for a good setup with strong MOMENTUM before committing to any trade.
{image}
- MOMENTUM 17.6 breakout candle setup
- break the H1 Master Candle high
- break the Asian session high
- PA chart pattern double bottom + divergence
- Stoch crossed 50-level
- RSI green price line cross 50-level
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #123,406
- Aug 13, 2021 6:58pm Aug 13, 2021 6:58pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} GU Aug 13 H1 ... setup - MOMENTUM 17.6 breakout candle setup - break the H1 Master Candle high - break the Asian session high - PA chart pattern double bottom + divergence - Stoch crossed 50-level - RSI green price line cross 50-level {image} {image}
GU Aug 13 H4 setup
- the H4 setup came later ... for those who waited.
- REVERSAL candle with Stoch cross up
- RSI green price line 8.3
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #123,407
- Edited 2:02pm Aug 14, 2021 1:46pm | Edited 2:02pm
- Joined Jan 2013 | Status: Trader | 4,386 Posts
Davit, You mention me in your post seems like you can't forget me since I talk about your weakness. As a gentlemen you should thank me because I am the man who point out your trading problem. If you allow me I can point many of your BS teaching and your trading problem. I am afraid you can't stand the criticism, I will not point more of your BS but Few I can point here.
You post more than 20K in FF, if any one read your post they will find few things most of the posts are BS.
You recommend few site, It proves that you are a third class trader that is why you follow those third class site.
Now comes to the point where you get offended, Making 65% return in a month is not a problem but Making 65% gain in a month and claiming a professional trader is a great example of liar. Don't get me wrong you said your a gambler! not me. I know by watching your trade over the years that your a gambler.
You have no consistency in your trading, Your not a consistent profitable trader, You have many follower who thinks you are a great trader, Because they don't realize the fact and truth about a gambler. Prove to your follower that your a consistent trader share your 2 years trading performance with fxblue.
If you share 2 years of your consistent trading performance in fxblue. I will shut up. If you can't do that all of your follower will knows your a liar and a gambler, who talks a lot and use lot of slang language but can't trade well. Typical old man who get offended by the truth.
You post more than 20K in FF, if any one read your post they will find few things most of the posts are BS.
You recommend few site, It proves that you are a third class trader that is why you follow those third class site.
Now comes to the point where you get offended, Making 65% return in a month is not a problem but Making 65% gain in a month and claiming a professional trader is a great example of liar. Don't get me wrong you said your a gambler! not me. I know by watching your trade over the years that your a gambler.
You have no consistency in your trading, Your not a consistent profitable trader, You have many follower who thinks you are a great trader, Because they don't realize the fact and truth about a gambler. Prove to your follower that your a consistent trader share your 2 years trading performance with fxblue.
If you share 2 years of your consistent trading performance in fxblue. I will shut up. If you can't do that all of your follower will knows your a liar and a gambler, who talks a lot and use lot of slang language but can't trade well. Typical old man who get offended by the truth.
MA provides the market's current direction and strength.
- #123,409
- Aug 14, 2021 7:23pm Aug 14, 2021 7:23pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} BTCUSD vs XAUUSD Aug 02 to Aug 27 - with all the attention turned to the space race between Branson and Bezos. BTC rallied back to its 40,000 quite easily while XAUUSD remained sideways. - what can happen the next 20 trading days? > 'ride the bull, hunt the bear' {image} Trade Well.
BTUCUSD Aug 15 Sydney 10am
- tested the 48 level and pulled back
- next break high > buy
> 'ride the bull, hunt the bear' <
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #123,410
- Aug 14, 2021 7:33pm Aug 14, 2021 7:33pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} that's what Gold Futures traders would consider 'flash crash' and can be buy opportunities... I think so too! and I look for setups with low risk trading ideas.... ... look slightly longer term till Dec 2021. but technically on hindsight, many chartist will tell you that the 'crash' was potential at 1830 chart pattern etc.... seen last week prior to NFP as trigger. {image}
XAUUSD Aug 13 New York Close
- after that 'flash crash' post-NFP Aug 06, it has tested 1776 last week.
- next weeks I see a few weekly levels above ... 1786 and 1802 in rather congested zone
- much higher is the MN 1825...
- stay on the buyers side
- trade with low risk trading ideas
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #123,411
- Aug 14, 2021 7:55pm Aug 14, 2021 7:55pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
these two pairs we prepare for next week' swing trading: do your usual WTDA this weekend after New York closed and prepare your big Picture Plan. GA {image} AC {image}
GBPAUD Week 32 New York Close
- Big Picture ... we see the MN levels where we can trade
Daily and H4 ... choppy with no clear direction as there is the Weekly big candle aka WCC.
follow Big E posts #700 to #1967 read, study and learn how he traded the Weekly charts market type conditions.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #123,412
- Aug 14, 2021 8:19pm Aug 14, 2021 8:19pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Aussie vs Kiwi Week 33 Aug 16 to 20
AUDUSD
- does not look good to swing trade, you know the domestic problems here with the economy and the pandemic.
- technically on my chart is a very narrow ranged WCC in its 3rd week.
> my bet would be on the AUDNZD Weekly swing
- sell with stop loss risk 'R' above previous 2-weeks high and do your trade Positions Size.
- be prepared for some volatility when RBNZ rate announcement on Wed Aug 18.
AUDNZD
AUDUSD
- does not look good to swing trade, you know the domestic problems here with the economy and the pandemic.
- technically on my chart is a very narrow ranged WCC in its 3rd week.
> my bet would be on the AUDNZD Weekly swing
- sell with stop loss risk 'R' above previous 2-weeks high and do your trade Positions Size.
- be prepared for some volatility when RBNZ rate announcement on Wed Aug 18.
AUDNZD
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #123,414
- Aug 15, 2021 11:33am Aug 15, 2021 11:33am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #123,415
- Aug 15, 2021 2:48pm Aug 15, 2021 2:48pm
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #123,416
- Aug 15, 2021 3:40pm Aug 15, 2021 3:40pm
- Joined Jan 2013 | Status: Trader | 4,386 Posts
MA provides the market's current direction and strength.
- #123,417
- Aug 15, 2021 3:45pm Aug 15, 2021 3:45pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #123,418
- Edited 4:34pm Aug 15, 2021 3:54pm | Edited 4:34pm
- Joined Aug 2017 | Status: Trader | 1,609 Posts
@emmanuel, what do you think about UJ and CJ, are we gonna see a bounce to the northside or we gonna break through the zone... What your opinion? {image} {image}
Both going down further in the short term imo
JPY news is bullish projection tonight if that confirms then overnight it they will drop, need to see what happens from this news
- #123,419
- Aug 15, 2021 6:26pm Aug 15, 2021 6:26pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
@emmanuel, what do you think about UJ and CJ, are we gonna see a bounce to the northside or we gonna break through the zone... What your opinion? {image} {image}
- both pairs are sideways Weekly chart so trading the 4hr like Big E will be buy and sell at every reversal with small target. Do not expect 100 to 200 pips swing for these two pairs.
- trading the Daily would be a different story
- with FOMC this week, I pick UJ over the CAD news this week.
UJ
CJ
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #123,420
- Aug 15, 2021 6:31pm Aug 15, 2021 6:31pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett