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  • #1,210,121
  • Feb 10, 2022 8:10am Feb 10, 2022 8:10am
Quoting geniusztc
the art of charts, mean nothing.
Great minds think alike. It never meant anything. It is all about macroeconomics first. Chart is just to time the entries, or analysis of supply/demand. That is all when it comes to charts. The patterns, candle patterns, colored trend lines and so on, never have and never will have anything to do with the price, they never worked and never will. Macroeconomics and than charts comes in to time the entries. That is it. Trade safe.
  • #1,210,122
  • Feb 10, 2022 8:19am Feb 10, 2022 8:19am
Quoting aahmad29
{quote} One of my short position with TP1 is closed {image}
My short position is closed with TP2 and now I am waiting for two more split positions with TP3
Attached Image (click to enlarge)
Click to Enlarge Name: 69B143E1-447E-4869-B489-964C3425B25B.jpeg Size: 298 KB
Love for all; Hatred for none.
  • #1,210,123
  • Feb 10, 2022 8:27am Feb 10, 2022 8:27am
Quoting Techanalyst
...The patterns, candle patterns, colored trend lines and so on, ...never worked and never will.
It all depends on what you mean by 'work'. Such things don't make people win trades. So in this sense, they don't work. However, they can be helpful when it comes to making trading decisions. You appear to be overlooking this point.

If you have no use for it, then don't bother with it. People in here should be free to trade however they want, without being criticized or mocked for it.
Learn from your mistakes and march on.
  • #1,210,124
  • Feb 10, 2022 8:39am Feb 10, 2022 8:39am
Quoting here2there
{quote} It all depends on what you mean by 'work'. Such things don't make people win trades. So in this sense, they don't work. However, they can be helpful when it comes to making trading decisions. You appear to be overlooking this point. If you have no use for it, then don't bother with it. People in here should be free to trade however they want, without being criticized or mocked for it.
There are things that work and they don't. It is not about trading "however" people want to. There is a reason why 90-95% people fail in trading and they keep coming back and blowing their hard working saved money. You either learn to trade/invest the right way or you don't, it is that simple. Some people are immune to a good advice. Retail trading pattern, trend lines, and so on, do not work, they never worked, and they never will work. Take a look all the youtube BS channels, with day trading, made up system that work "90%" of the time, all BS, take a look at FF here, tell me out of all these retail traders, how many are actually doing it for a living, or even how many do actually have an account of at least, $5,000 and up and trade for a living? How many have multiple accounts for example like I do, and have $5,000+ in each of those account? There is no such a thing as a part time trader, hobby trader that is just BS and waste of time for an individual. There is no use in that, there is no money production in it, just BS, we see day to day basis here on FF and other threads and channels. You don't open up a business, like restaurant, cleaning business, printing business, construction business and call your self hobby business man, no such a thing, the only thing is in trading you should have another source of income, all the time or at least when you have a big amount of money like I do and can trade full time and afford it even if you have to wait 2-3 months to take the profit out. I have other sources of income, like I am renting a house to renters and so on, but that is extra money in the pocket too and it pays bills and you live comfortably. I do not want to stretch this as it is streched enough.

The bottom line is either you are trading/investing to make money, or not. Anything else besides that is just waste of time, and no use, no skills nothing, zero.
  • #1,210,125
  • Feb 10, 2022 8:46am Feb 10, 2022 8:46am
Quoting Techanalyst
{quote} There are things that work and they don't. It is not about trading "however" people want to. There is a reason why 90-95% people fail in trading and they keep coming back and blowing their hard working saved money. You either learn to trade/invest the right way or you don't, it is that simple. Some people are immune to a good advice. Retail trading pattern, trend lines, and so on, do not work, they never worked, and they never will work. Take a look all the youtube BS channels, with day trading, made up system that work "90%" of the time,...
For some reason, you aren't getting my point. Let's just get back to EURUSD.
Learn from your mistakes and march on.
  • #1,210,126
  • Feb 10, 2022 8:48am Feb 10, 2022 8:48am
Quoting here2there
{quote} For some reason, you aren't getting my point. Let's just get back to EURUSD.
No one gets you. I don't think you even get it. I just explained it to you. Back to EURUSD.
  • #1,210,127
  • Feb 10, 2022 8:55am Feb 10, 2022 8:55am
Quoting Techanalyst
{quote} No one gets you. I don't think you even get it. I just explained it to you. Back to EURUSD.
There you go getting all emotional again. You need to learn how to communicate with people in a productive way. It's OK to allow people to disagree with you. And I do understand where you are coming from. In the way you are looking at these things, I agree, they don't work. However, I am trying to help you see it from another perspective. For some reason, you aren't getting it.
Learn from your mistakes and march on.
  • #1,210,128
  • Feb 10, 2022 8:57am Feb 10, 2022 8:57am
Quoting here2there
{quote} There you go getting all emotional again. You need to learn how to communicate with people in a productive way. It's OK to allow people to disagree with you. And I do understand where you are coming from. In the way you are looking at these things, I agree, they don't work. However, I am trying to help you see it from another perspective. For some reason, you aren't getting it.
Let's not talk about "emotional" you are the master in that. But whatever, don't care. It is your money. Another perspective you say, ok show us here another perspective of these patterns, and trend lines and so on, how do they work how will they put money into your pocket, without macroeconomics analysis. We really want to see that. Go ahead, pull up your charts and show us...
  • #1,210,129
  • Feb 10, 2022 8:58am Feb 10, 2022 8:58am
Quoting Techanalyst
{quote} No one gets you. I don't think you even get it. I just explained it to you. Back to EURUSD.
COT: The precious data ignored
  • #1,210,130
  • Feb 10, 2022 8:59am Feb 10, 2022 8:59am
Quoting Techanalyst
...We really want to see that. Go ahead, pull up your charts and show us...
I'm not interested. It's a waste of my time. And this conversation is also a waste of my time. Bye.
Learn from your mistakes and march on.
  • #1,210,131
  • Feb 10, 2022 9:01am Feb 10, 2022 9:01am
Despite the move down, EURUSD bulls are still strong. It could go either way.
Learn from your mistakes and march on.
  • #1,210,132
  • Feb 10, 2022 9:05am Feb 10, 2022 9:05am
Quoting here2there
{quote} I'm not interested. It's a waste of my time. And this conversation is also a waste of my time. Bye.
You see what I mean, you have nothing literally. It is a waste time I agree, you have wasted your own time for what 2 years now, absolutely learning nothing, but flooding the threads with nonsense, and now I ask you politely to share the charts what you see, I want to see it, and you say it is a waste of time. You are a manchild seriously, and you are right, this is a waste time, it is like talking to a wall.
  • #1,210,133
  • Feb 10, 2022 9:06am Feb 10, 2022 9:06am
Is the correlation between the EURUSD and the GBPUSD why this cascade is suddenly meeting so much resistance? Did the BOE plan this?
  • #1,210,134
  • Feb 10, 2022 9:10am Feb 10, 2022 9:10am
Quoting Techanalyst
To all the hobby traders that are buying EURUSD, thank you for the profits!!! Keep buying it. Trade safe.
You're welcome
  • #1,210,135
  • Feb 10, 2022 9:21am Feb 10, 2022 9:21am
It is working great, everytime retail take the baite price pushes a bit up, and down again, beautiful if price could go just a bit higher even to 1.15 just for retail to take the baite again as they always do, I will be unloading more short positions. First TP is 1.13. Trade safe.
  • #1,210,136
  • Feb 10, 2022 9:26am Feb 10, 2022 9:26am
Another mini-feud has begun. My opinion is that both technical and fundamental analyses are useful. But there is a level of uncertainty that they retain.
Risk Management is of utmost importance!
  • #1,210,137
  • Feb 10, 2022 9:30am Feb 10, 2022 9:30am
Quoting RCtrader
Another mini-feud has begun. My opinion is that both technical and fundamental analyses are useful. But there is a level of uncertainty that they retain.
There is only one person in here who has a pattern of being overly emotional and abusive towards people who disagree with him. It's best to ignore him.
Learn from your mistakes and march on.
  • #1,210,138
  • Feb 10, 2022 9:31am Feb 10, 2022 9:31am
Quoting here2there
{quote} There is only one person in here who has a pattern of being overly emotional and abusive towards people who disagree with him. It's best to ignore him.
Manchild, share your analysis or stop flooding the thread with nonsense. Wipe your nose too.
  • #1,210,139
  • Feb 10, 2022 9:33am Feb 10, 2022 9:33am
It seems inflation has now topped

Attached Image
COT: The precious data ignored
  • #1,210,140
  • Feb 10, 2022 9:36am Feb 10, 2022 9:36am
Can I just congratulate all those who went LONG
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