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  • #1,211,721
  • Mar 3, 2022 8:55am Mar 3, 2022 8:55am
In times of global economic uncertainty, trading strategies that have proven to be reliable under better conditions, must be approached with caution. People tend to panic in times of war. The markets will reflect this psychology.
Learn from your mistakes and march on.
  • #1,211,722
  • Mar 3, 2022 9:03am Mar 3, 2022 9:03am
Quoting Winston Reed
{quote} Many use time frames like another indicator. IMHO flipping back and forth between time frames searching for something to validate one's opinion on another time frame explains many a trader's failure. That's not to say that one shouldn't examine other time frames. Personally and at least for now I like 20 minutes but my trading entries have zero to do with what is going on, on any other time frame. But when it comes to trading it is my humble opinion that trade entry should be based solely on one time frame.
I have the nearly opposite opinion: I believe that the "entry" TF is a dynamic value, determined by what "state" that other TFs are in. And typically, this entry TF progresses upward, not downward, through the TFS and can be followed and examined for either a trend continuation entry or a continuation failure entry. Therefore, "all" the TFs need to be examined. With a suitable charting platform, there is no need at all for "flipping back and forth between TFs"." But even for poor platforms like MetaTrader, this can be readily mitigated by using a multi-TF indicator on a single TF.

For example, currently, EURUSD H4 is in a down continuation swing. How far down will it go (or has it already ended)? No one knows until it is confirmed to have ended going down. But the H1 and H2 definitely provide information about what is LIKELY to unfold on H4.
To free Gazans of Hamas, use whatever it takes.
  • #1,211,723
  • Mar 3, 2022 9:24am Mar 3, 2022 9:24am
Quoting suthmo
{quote}He's got like 400 empty accounts he uses to talk to himself he'll be around somewhere. It's probably you. Who else would be so far up their own ass?
Maybe TechAnalyst is really good at trading and like I mentioned earlier, he posted good analysis and trade ideas which turned out to be very profitable, but he was banned because people got jealous of his success.

Below, I show a chart for EUR/USD. TechAnalyst mentioned to sell all rallies and I agreed with him. My profit target of 1.10 has almost been reached. Other people scalp and they lost lots of money.

This forum is turning into a place for losers and scammers if good traders are being kicked out.
Attached Image (click to enlarge)
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #1,211,724
  • Mar 3, 2022 9:28am Mar 3, 2022 9:28am
Quoting Nordling
{quote} Said EU shorts: {image} EG short: {image} GU longs: {image}
your whole position is short the eur gbp
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #1,211,725
  • Mar 3, 2022 9:31am Mar 3, 2022 9:31am
Quoting Bones
{quote} your whole position is short the eur gbp
shorting EUR/GBP was a good trade

it went up after the last ECB meeting and then came back down
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP_2022-03-03_10-29-51.png Size: 132 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #1,211,726
  • Mar 3, 2022 9:36am Mar 3, 2022 9:36am
Quoting ForexGoose
Maybe TechAnalyst is really good at trading and like I mentioned earlier, he posted good analysis and trade ideas which turned out to be very profitable, but he was banned because people got jealous of his success.
Don't try to spin it into something it is not! And we are done talking about this guy. If you want to talk about him, then start a new thread.
Learn from your mistakes and march on.
  • #1,211,727
  • Mar 3, 2022 9:40am Mar 3, 2022 9:40am
Quoting ForexGoose
{quote} shorting EUR/GBP was a good trade it went up after the last ECB meeting and then came back down {image}
if you go long gu and short eu that is short eurgbp is my point
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #1,211,728
  • Mar 3, 2022 9:50am Mar 3, 2022 9:50am
Quoting Bones
{quote} your whole position is short the eur gbp
Yeah. That's how synthetic pairs are created. I don't mind profiting from it 2 times though.

How are your EU longs doing so far?
You have to have an IQ higher than 90 to interact with this user.
  • #1,211,729
  • Mar 3, 2022 9:54am Mar 3, 2022 9:54am
Quoting Nordling
{quote} Yeah. That's how synthetic pairs are created. I don't mind profiting from it 2 times though. How are your EU longs doing so far?
your complicating it ,
sell eur gbp is your position ,
you don't need to make something that exists
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #1,211,730
  • Mar 3, 2022 9:57am Mar 3, 2022 9:57am
now lets get this right the rudest person I ever forex factory met ,
who lost 2500 pips since putting his explorer up or made 0% since the start of the year
is being backed up as a loss of forex factory

this is someone who wanted transparency off his peers, then when it went wrong said he had 5 other equal size accounts that were doing well in the background
he lived a great life as a professional trader off about £15 grand if those other accounts were real
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Click to Enlarge Name: Screenshot 2022-03-03 at 15.52.31.png Size: 181 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #1,211,731
  • Mar 3, 2022 10:14am Mar 3, 2022 10:14am
Quoting Bones
{quote} your complicating it , sell eur gbp is your position , you don't need to make something that exists
EU and GU are both falling so far, EG is still a doji though.

This reminded me of a short story:

One day, there was kid on the plum tree who was busy eating all the plums around. A man saw him and said:

+ "Hey kid, don't eat too much plums you can get a stomach ache!"

The kid looked and said:
- "But my grandpa lived long!"

Man got confused and asked,
+ "Did he use to eat a lot of plums as well?"

The kid laughed and said:
- "No, he just never meddled in anyone's business."
You have to have an IQ higher than 90 to interact with this user.
  • #1,211,732
  • Mar 3, 2022 10:18am Mar 3, 2022 10:18am
Quoting Nordling
{quote} EU and GU are both falling so far, EG is still a doji though. This reminded me of an anecdote. One day, there was kid on the plum tree who was busy eating all the plums around. A man saw him and said: + "Hey kid, don't eat too much plums you can get a stomach ache!" The kid looked and said: - "But my grandpa lived long!" Man got confused and asked, + "Did he use to eat a lot of plums as well?" The kid laughed and said: - "No, he just never meddled in anyone's business."
mathematically speaking your position is short eur gbp ,your complicating a short eur gbp ,maybe its more expensive even on spreads
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #1,211,733
  • Mar 3, 2022 10:19am Mar 3, 2022 10:19am
you can't help some people
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #1,211,734
  • Mar 3, 2022 10:23am Mar 3, 2022 10:23am
Quoting Bones
{quote} mathematically speaking your position is short eur gbp ,your complicating a short eur gbp ,maybe its more expensive even on spreads
I agree. I used synthetic pairs to trade PLN and SEK. So thanks for your advice, but i didn't ask for it.
You have to have an IQ higher than 90 to interact with this user.
  • #1,211,735
  • Mar 3, 2022 10:43am Mar 3, 2022 10:43am
This might be hard to believe for some, but it is possible. I don't expect it to go straight down, but we could see much lower prices over time.
As they say, 'Time will tell.'
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.png Size: 30 KB
Learn from your mistakes and march on.
  • #1,211,736
  • Mar 3, 2022 10:49am Mar 3, 2022 10:49am
Quoting Nordling
...So thanks for your advice, but i didn't ask for it.
This is something I am learning as I get older. Not to give advice unless someone asks you for it. This is hard for me to accept, as I am the type of person who likes to reach out and help others. Most people used to appreciate this. But people are changing.
Learn from your mistakes and march on.
  • #1,211,737
  • Mar 3, 2022 10:57am Mar 3, 2022 10:57am
Quoting here2there
{quote} This is something I am learning as I get older. Not to give advice unless someone asks you for it. This is hard for me to accept, as I am the type of person who likes to reach out and help others. Most people used to appreciate this. But people are changing.
Same here, my whole motivation to join here was sharing what i have learned so far with my other retailer friends. But they called me "guru" after doing that. So i let it go.

Now the stage belongs to the "real gurus". Let's see what they got.
You have to have an IQ higher than 90 to interact with this user.
  • #1,211,738
  • Mar 3, 2022 1:04pm Mar 3, 2022 1:04pm
I have shorts opened, I think it will eventually depreciate to 1.1000.
  • #1,211,739
  • Mar 3, 2022 1:07pm Mar 3, 2022 1:07pm
Quoting here2there
{quote} This is something I am learning as I get older. Not to give advice unless someone asks you for it. This is hard for me to accept, as I am the type of person who likes to reach out and help others. Most people used to appreciate this. But people are changing.
Sharing can just be the articulation of one's experience/s or even one's observations without any expectations from those who consume it.
  • #1,211,740
  • Mar 3, 2022 1:11pm Mar 3, 2022 1:11pm
Quoting Bones
now lets get this right the rudest person I ever forex factory met , who lost 2500 pips since putting his explorer up or made 0% since the start of the year is being backed up as a loss of forex factory this is someone who wanted transparency off his peers, then when it went wrong said he had 5 other equal size accounts that were doing well in the background he lived a great life as a professional trader off about £15 grand if those other accounts were real {image}
This reality is being conveniently overlooked by the Tech devotees.
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