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EURUSD

  • #1,209,181
  • Jan 26, 2022 1:03pm Jan 26, 2022 1:03pm
Quoting Mcbeaners
{quote} no, you say post your entry and exits and i did. working setups. all good. now if you know nothing about cars and at the same time think all car mechanics are rip-off artists. you wouldn't know what a good mechanic is/are, even if one came up and hit your head with a dead fish.
But I do know which mechanics are good/bad at least in my area.

Ok you posted a chart with like 8 MA's and bunch of fibonacci, but you did say it where you would enter or exit. I still did not see where you entered you know live trading like I do, and I can't seem to see your clean charts because it is filled with the MAs I mentioned plus the lines. So there is that.
  • #1,209,182
  • Jan 26, 2022 1:05pm Jan 26, 2022 1:05pm
Quoting Mcbeaners
{quote} who said it was simple? if you trade fundies what's are your typical trade entry criteria? do you look at a chart or just close your eyes and buy/sell?
Very simple, you analyze supply/demand and that is where you buy/sell, you look for stop hunt/liquidity where banks are planning to enter buy/sell. It is not that complicated, but retail traders seem to complicate everything and they just can't get the mindset out of that and try to trade and approach this business professionally. It is just like any job out there. People complicate things, but it is not that complicated, just takes reseach and a right move and have patience. That is it.

Watch the two charts I attached you see the difference and how one chart is simple and easier to follow, understand the entries and where you can exit, and look at the other chart a disaster, with bunch of lines that do not have business being there in the first place.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPYDaily.png Size: 40 KB
Click to Enlarge Name: USDJPYDaily(2).png Size: 56 KB
  • #1,209,183
  • Jan 26, 2022 1:11pm Jan 26, 2022 1:11pm
FED 0.25% remain. USD is bullish. Anything below 0.25% would be sell, anything 0.25% that remains and above is bullish for USD.
  • #1,209,184
  • Jan 26, 2022 1:13pm Jan 26, 2022 1:13pm
Quoting Techanalyst
{quote} But I do know which mechanics are good/bad at least in my area. Ok you posted a chart with like 8 MA's and bunch of fibonacci, but you did say it where you would enter or exit. I still did not see where you entered you know live trading like I do, and I can't seem to see your clean charts because it is filled with the MAs I mentioned plus the lines. So there is that.
my mechanic point stands.

i already posted my exit was fib 2.0 (read my post) and would enter on the break or retrace to the break of the tl. simples. my stop would depend on the vp but probably above prev candle (my exit would also be influence by vp but let's kis)
In tea leaves we trust!
  • #1,209,185
  • Jan 26, 2022 1:14pm Jan 26, 2022 1:14pm
Quoting Mcbeaners
{quote} my mechanic point stands. i already posted my exit was fib 2.0 (read my post) and would enter on the break or retrace to the break of the tl. simples. my stop would depend on the vp but probably above prev candle (my exit would also be influence by vp but let's kis)
My point stands too.

That is a lot of "could" would" "should" and so on.
  • #1,209,186
  • Jan 26, 2022 1:15pm Jan 26, 2022 1:15pm
Quoting Techanalyst
{quote} Very simple, you analyze supply/demand and that is where you buy/sell, you look for stop hunt/liquidity where banks are planning to enter buy/sell. It is not that complicated, but retail traders seem to complicate everything and they just can't get the mindset out of that and try to trade and approach this business professionally. It is just like any job out there. People complicate things, but it is not that complicated, just takes reseach and a right move and have patience. That is it. Watch the two charts I attached you see the difference...
the lines you post on your top chart are .... trendlines. welcome to the club!
In tea leaves we trust!
  • #1,209,187
  • Jan 26, 2022 1:16pm Jan 26, 2022 1:16pm
Quoting Techanalyst
{quote} My point stands too. That is a lot of "could" would" "should" and so on.
your only point is that tl don't work.... you haven't proved it.
In tea leaves we trust!
  • #1,209,188
  • Jan 26, 2022 1:18pm Jan 26, 2022 1:18pm
Quoting Mcbeaners
{quote} your only point is that tl don't work.... you haven't proved it.
It is proven. It is right there, if you can't see or read it, that is your problem, but people that are paying attention will understand.
  • #1,209,189
  • Jan 26, 2022 1:19pm Jan 26, 2022 1:19pm
Quoting Mcbeaners
{quote} the lines you post on your top chart are .... trendlines. welcome to the club!
That is a line where I will be looking to take the profit if price goes near that way, that is why that dark orange line is there. Stop assuming.
  • #1,209,190
  • Jan 26, 2022 1:20pm Jan 26, 2022 1:20pm
Quoting Techanalyst
{quote} Very simple, you analyze supply/demand and that is where you buy/sell, you look for stop hunt/liquidity where banks are planning to enter buy/sell. It is not that complicated, but retail traders seem to complicate everything and they just can't get the mindset out of that and try to trade and approach this business professionally. It is just like any job out there. People complicate things, but it is not that complicated, just takes reseach and a right move and have patience. That is it. Watch the two charts I attached you see the difference...

Hi Tech! Aren't supply/demand levels basically key areas of support and resistance?
Trying my best.
  • #1,209,191
  • Jan 26, 2022 1:23pm Jan 26, 2022 1:23pm
Quoting moondoggie
{quote} Hi Tech! Aren't supply/demand levels basically key areas of support and resistance?
Support and resistance are levels or lines in which prices were already determined, while supply and demand are fresh levels or zones in which prices are not determined.
  • #1,209,192
  • Jan 26, 2022 1:25pm Jan 26, 2022 1:25pm
Quoting Techanalyst
{quote} That is a line where I will be looking to take the profit if price goes near that way, that is why that dark orange line is there. Stop assuming.
without input i'll have to make assumptions. dah!

so what are you entry and exits then? why didn't you post them?

they are tl's and you could either buy or sell off them. interrange tl's are way more important then the tls you post. which are mostly useless.
In tea leaves we trust!
  • #1,209,193
  • Jan 26, 2022 1:25pm Jan 26, 2022 1:25pm
Quoting Mcbeaners
{quote} who said it was simple? if you trade fundies what's are your typical trade entry criteria? do you look at a chart or just close your eyes and buy/sell?
you don't understand things.
or you look stupid of.
  • #1,209,194
  • Jan 26, 2022 1:26pm Jan 26, 2022 1:26pm
Quoting moondoggie
{quote} Hi Tech! Aren't supply/demand levels basically key areas of support and resistance?
that is correct and they can be highlighted with tl's.
In tea leaves we trust!
  • #1,209,195
  • Jan 26, 2022 1:27pm Jan 26, 2022 1:27pm
Quoting tiborf71
{quote} you don't understand things. or you look stupid of.
maybe you can't explain things? where are your entry/exits and do you look at a chart? yes or not?

maybe you can't read, so that would make some sense.
In tea leaves we trust!
  • #1,209,196
  • Jan 26, 2022 1:28pm Jan 26, 2022 1:28pm
Quoting Mcbeaners
{quote} without input i'll have to make assumptions. dah! so what are you entry and exits then? why didn't you post them? they are tl's and you could either buy or sell off them. interrange tl's are way more important then the tls you post. which are mostly useless.
I did post them, they are here if you look back. I always post them. I attached it again and again, make it easier for you to follow it.

By the way so you don't assume, the two dark orange lines you see on the chart is where is predicted price will go, so I will be looking to take the profits near or at those levels. There you go everything was explained in a plain and simple term for you, made it very easy for you, no 10 MAs, no trend lines dependent, no fibs and all those unnecessary useless colored stuff on the charts.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 40 KB
  • #1,209,197
  • Jan 26, 2022 1:30pm Jan 26, 2022 1:30pm
Quoting Techanalyst
{quote} I did post them, they are here if you look back. I always post them.
you asked me to post them why can you post them?
In tea leaves we trust!
  • #1,209,198
  • Jan 26, 2022 1:32pm Jan 26, 2022 1:32pm
Quoting Techanalyst
{quote} Support and resistance are levels or lines in which prices were already determined, while supply and demand are fresh levels or zones in which prices are not determined.

I see! It's dynamic.
Trying my best.
  • #1,209,199
  • Jan 26, 2022 1:32pm Jan 26, 2022 1:32pm
Quoting Mcbeaners
{quote} you asked me to post them why can you post them?
Are you dumb?
  • #1,209,200
  • Jan 26, 2022 1:35pm Jan 26, 2022 1:35pm
Quoting Techanalyst
{quote} Are you dumb?
probably but not scared to post my entries and exits and stops.

all you have to do is put some words down. or add them to the chart. your choice. i provide this for you why can't you do the same for me?
In tea leaves we trust!
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