Trading 101

EURCAD,
84% of traders are buying, Damn.

Look for better opportunity to go against them.

it is very slow and sideway market, people are buying because they are playing range, since today is market holiday. I think most of them will make money from their buy.
I have selling mindset in EC

Some people are very good at playing range,

As a trader taking screen short is important,
I use this free small software for taking screen short in my Laptop

https://app.prntscr.com/en/index.html

I see some of the member can't share the screen short properly
with this software you can take screen short easily.

Trade well
Hasib

Gj is consolidating for week

looking for fake out or breakout,

yesterday i was not expecting such bearish end of day... but still holding the week lows, let's see if EU (some countries are off) will come buying..

Anything can happen. but I am expecting consolidations will continue today. Many be continue this week.

Stay sideline, It is the best way to protect your self for the moment.

Lots of late news eu will go down go down. Be careful it has already moved a quiet, Sell if only you get better price. IMO this is not the price I want to sell

Germany posted a record 50,196 new COVID-19 cases in the past 24 hours

I think it's a good buy around the 60s' level..my stop is @55

I was caught out by the move down on cable which was more than I expected. Earlier I was scalping short and thought I did a good job and after looking at the monthly I made the decision to go long. I was trapped and this morning I entered a big long

This was what I meant when I shorted cable earlier

when price looks to be consolidating just go to next htf and you will find an entry is about to materialise or just happening now

I don't think gold can go much higher without retracing to 1834 first..thinking of entering short again

short the loonie (UsdCad)

couldn't resist and I went short small

Growth forecasts from Goldman Sachs
Goldman Sachs sees the global economy growing 4.5% next year as the recovery from covid-19 continues. That's in line with estimates but the composition diverges.

In particular, they see the UK growing at 5.3% compared to the 5.0% consensus while they forecast China at 4.8% compared to 5.5% expected. The see that paradigm continuing into 2023 as well.

On China they say:

The key driver of this muted outlook is a negative swing in the property sector growth impulse from an average of +1½pp in the last five pre-pandemic years to just above -1pp in 2022 and beyond. This reflects the negative impact of deleveraging on construction, consumption, government spending, real estate services, and construction materials activity
They note that China would have previously stimulated aggressively but now they're content to 'just do enough' to stem downward risks as they put less weight on GDP growth and more on income distribution, financial stability and the environment.

UJ

AU

Sir I want indicator can any body help
Mtf candle with stochastic alert

Month candle : Up (Green)
Weekly candle : Up (Green)
Daily candle :Up (Green)
4 Hours candle :Up (Green)5
5 Minutes : stochastic 14,3,3 is Below 20

I want indicator BUY alert When 4 mtf candle in Up side and 5Min stochastic below 20

Indicator sell alert when 4 mtf candle in down side and 5 Min stochastic above 80
Can any body create indicator with alert ?
please Help me.
Thank you