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  • #1,205,701
  • Dec 5, 2021 10:23pm Dec 5, 2021 10:23pm
Quoting MrBullBear
{quote} Wow... that's exactly 566 pips from now.
Not today though
POSTMASTER
  • #1,205,702
  • Dec 5, 2021 10:24pm Dec 5, 2021 10:24pm
Quoting jmn5611
{quote} Looking a small timeframes does not suit me well, but I watch a trader and he makes money most days at M5. I really think it is about personality and what suits the individual. There are no magic bullets. For me, I keep my thinking to a minimum and trade what I see. I expect to wrong most of the time, but when I am right, I try to be very right.
Right now, i choose long term position only, however, before that , i test my strategy at M1 TF (demo) , actually it can survive that many whipsaw ,so ,i am using it on long term .
Short TF is useful to test the robustness of any strategy.
Our strategy looks similar,maybe different period used only. As of you, i am still in the sell side of eur usd .
  • #1,205,703
  • Dec 5, 2021 10:28pm Dec 5, 2021 10:28pm
Quoting Robinhood1
{quote} Not today though
And you said it's 1st target. What's 2nd or is there any 3rd?
Only an idiot knows with certainty to where the market is going.
  • #1,205,704
  • Dec 5, 2021 10:36pm Dec 5, 2021 10:36pm
Quoting MrBullBear
{quote} And you said it's 1st target. What's 2nd or is there any 3rd?
If i am right and its long there should be a pullback from around 11850 and 2nd and last target around 12250. This can change as the pattern develops. Most important is to try and get the long right. My personal mindset strategy. I may be wrong
POSTMASTER
  • #1,205,705
  • Dec 5, 2021 10:41pm Dec 5, 2021 10:41pm
added a second lot

Attached Image (click to enlarge)
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POSTMASTER
  • #1,205,706
  • Dec 5, 2021 10:47pm Dec 5, 2021 10:47pm
Good day. EURUSD is looking at 1265/35, the price action is neutra-bearish this morning, resistance is at 1335/60.

I prefer selling, below 1385 this week, trying to find a good risk trade.
Looking for profitable short term trades ...|
  • #1,205,707
  • Dec 5, 2021 10:51pm Dec 5, 2021 10:51pm
Quoting Robinhood1
entering long {image}
Hi Robinhood1 , any reason for the long position? the trend it's going down?

P.S. I'm vey new to trading
  • #1,205,708
  • Dec 5, 2021 11:02pm Dec 5, 2021 11:02pm
Quoting johnkusumo
{quote} Hi Robinhood1 , any reason for the long position? the trend it's going down? P.S. I'm vey new to trading
Hi JK

Yes, its been coming down. If you follow the trend thats ok. I follow trends and reversals. The first pullback to the longside reached 11234 in my opinion
POSTMASTER
  • #1,205,709
  • Dec 5, 2021 11:07pm Dec 5, 2021 11:07pm
Im not thinking about short if we are above S
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Trendlines H1,H4, SMC
  • #1,205,710
  • Dec 5, 2021 11:09pm Dec 5, 2021 11:09pm
2nd buy
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  • #1,205,711
  • Dec 5, 2021 11:18pm Dec 5, 2021 11:18pm
Quoting Robinhood1
{quote} If i am right and its long there should be a pullback from around 11850 and 2nd and last target around 12250. This can change as the pattern develops. Most important is to try and get the long right. My personal mindset strategy. I may be wrong
Well, you could be right or wrong just like everybody else. I just wonder if you consider events in your trading decisions. I mean, it still could go up but that 2nd target about 1,000 pips is a long shot if you consider events. Are you aware on what is going on in eur specially germany? Or you are pure technical?
Only an idiot knows with certainty to where the market is going.
  • #1,205,712
  • Dec 5, 2021 11:33pm Dec 5, 2021 11:33pm
Eh by crikey, Kathleen! It's bounced off the trend line, should I close the trade and buy?

Yes, we shall!
Attached Image(s) (click to enlarge)
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  • #1,205,713
  • Dec 6, 2021 12:00am Dec 6, 2021 12:00am
Attached Image (click to enlarge)
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  • #1,205,714
  • Dec 6, 2021 12:11am Dec 6, 2021 12:11am
Quoting MrBullBear
{quote} Well, you could be right or wrong just like everybody else. I just wonder if you consider events in your trading decisions. I mean, it still could go up but that 2nd target about 1,000 pips is a long shot if you consider events. Are you aware on what is going on in eur specially germany? Or you are pure technical?
I just follow chart patterns. I only see numbers. I would follow a news chart if existed.

If it does not reach these targets i still aim to be profitable expecting to see other targets if developed. If the time comes where i get 10/10 i will let you know.
POSTMASTER
  • #1,205,715
  • Dec 6, 2021 12:14am Dec 6, 2021 12:14am
Quoting JauntyLoon
{quote} You're absolutely right, but the 'trick' is knowing when the trend is going sideways (which is where most people lose all their gains made during the strong uptrend/downtrend) and therefore when not to trade. In 2021 there was a strong uptrend in everything (except certain FX pairs), so anyone who didn't make money in 2021 was a fool ... but if you backtest a system on 2021 results you're going to be in for a nasty surprise because very few years show such a strong continuous uptrend!
I will become much more profitable if i can detect it,however, i couldn't,so i choose to chew the drawdown because of the sideways moment . Usually it is 2-3 days a week, in a bad time ,it can last to 2 weeks,and the movement after sideways usually longer .
  • #1,205,716
  • Dec 6, 2021 12:49am Dec 6, 2021 12:49am
(Whee, this is fun!)
Attached Image (click to enlarge)
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  • #1,205,717
  • Dec 6, 2021 12:55am Dec 6, 2021 12:55am
https://static.financialsense.com/au...K1LU2TDL8E1644
POSTMASTER
  • #1,205,718
  • Dec 6, 2021 1:17am Dec 6, 2021 1:17am
Eurusd buy zone and tp zone
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My telegram: https://t.me/avidforex
  • #1,205,719
  • Dec 6, 2021 1:18am Dec 6, 2021 1:18am
Attached Image (click to enlarge)
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I am not certain that the downside is exhausted....but I started establishing long positions , with tight SL .

  • #1,205,720
  • Dec 6, 2021 1:26am Dec 6, 2021 1:26am
Quoting here2there
{quote} To clarify, when I am speaking of having an edge, it is within the context of following a particular strategy. Therefore, it must be a win rate above 50% to prove it's not mere luck. Indeed, if you have good risk-management, you can still come out ahead with a crappy strategy. But that's not the point. What I would like to see is for someone on FF to prove he or she has an actual edge in the Forex market. I doubt anyone would accept the challenge.
I am not scalping nor daytrading, you can also find my previous trades in the history section:


https://www.myfxbook.com/members/Nor...legacy/9138448

If there's a challenge, there is Nordling
You have to have an IQ higher than 90 to interact with this user.
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