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  • #1,214,401
  • May 5, 2022 8:47am May 5, 2022 8:47am
Quoting here2there
{quote} You are clueless how the market works. And you are also a noob.
how so? you look at candle stick patterns, I don't
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #1,214,402
  • May 5, 2022 8:48am May 5, 2022 8:48am
Quoting ForexGoose
{quote} how so? you look at candle stick patterns, I don't
stupid argument
Learn from your mistakes and march on.
  • #1,214,403
  • May 5, 2022 8:56am May 5, 2022 8:56am
Quoting here2there
{quote} I do pay attention to certain candlestick patterns. But I mostly focus on supply and demand trading.
mate.
you have already tried the DELTA system because it is about the supply / demand ratio.

peace.
  • #1,214,404
  • May 5, 2022 9:00am May 5, 2022 9:00am
Quoting tiborf71
{quote} mate. you have already tried the DELTA system because it is about the supply / demand ratio. peace.
I'm not sure what DELTA system you are referring to. I look for 50% candles, and locate supply and demand zones accordingly. I use some candlestick patterns in combination with this.
Learn from your mistakes and march on.
  • #1,214,405
  • May 5, 2022 9:08am May 5, 2022 9:08am
Quoting here2there
{quote} I'm not sure what DELTA system you are referring to. I look for 50% candles, and locate supply and demand zones accordingly. I use some candlestick patterns in combination with this.
if this approach works for you, it’s great.
  • #1,214,406
  • May 5, 2022 9:20am May 5, 2022 9:20am
Some candlestick patterns are useful. Don't be duped by noobs who want you to believe candlestick patterns are useless. It's not the candlestick pattern that is a problem, but rather a lack of knowledge in how to use it.
Attached Image (click to enlarge)
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Learn from your mistakes and march on.
  • #1,214,407
  • May 5, 2022 9:34am May 5, 2022 9:34am
Quoting tiborf71
{quote} if this approach works for you, it’s great.
It works. I want to know more about the DELTA system you are referring to. Do you have a link to share?
Learn from your mistakes and march on.
  • #1,214,408
  • May 5, 2022 9:40am May 5, 2022 9:40am
Quoting here2there
{quote} It works. I want to know more about the DELTA system you are referring to. Do you have a link to share?
here you can read about the delta approach on the ff pages.
there are also delta indicators.
  • #1,214,409
  • May 5, 2022 9:41am May 5, 2022 9:41am
Quoting here2there
Some candlestick patterns are useful. Don't be duped by noobs who want you to believe candlestick patterns are useless. It's not the candlestick pattern that is a problem, but rather a lack of knowledge in how to use it. {image}
so, are you rich because you believe that candlestick patterns work?
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #1,214,410
  • May 5, 2022 9:55am May 5, 2022 9:55am
Quoting ForexGoose
{quote} so, are you rich because you believe that candlestick patterns work?
You will never make it in this business with that attitude. As a noob, you should be seeking to learn from more experienced traders, not criticizing them. I am one of the few generous people on FF who actually goes out of the way to help others who are deserving of it. You have burned that bridge by being disrespectful. Too bad for you.
Learn from your mistakes and march on.
  • #1,214,411
  • May 5, 2022 9:56am May 5, 2022 9:56am
Quoting here2there
{quote} You will never make it in this business with that attitude. As a noob, you should be seeking to learn from more experienced traders, not criticizing them. I am one of the more generous people on FF who actually goes out of the way to help others who are deserving of it. You have burned that bridge by being disrespectful. Too bad for you.
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #1,214,412
  • May 5, 2022 10:04am May 5, 2022 10:04am
Quoting slb
m1 long {image}
and out
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Uncertainty of the market must be embraced and accepted.
  • #1,214,413
  • May 5, 2022 10:08am May 5, 2022 10:08am
Quoting tiborf71
{quote} mate. i don't agree with the part of your writing that you can't make money in a short time frame H1. I have my doubts about the reliability of fundamental analysis. for example, the USD raised interest rates, the EUR / USD should have fallen. but my technical analysis showed that there must be a bull correction. and so it became. just look at the chart. peace.
@TIBORF71 - The fundamentals were spot on.

When Powell talked last the market realized that a 0.5% rate increase was going to come on Wed May 4. - Look at the daily chart and E/U fell.

Last week there was talk that it "could" be a 0.75% rate increase. When the increase was only 0.5% AND Powell sounded reasonable traders felt relieved hence the rise -

Now 16 hours later people realize there will be a 0.5% rate increase in June so the downward momentum continues.

It's not the fundamentals that get people it the TIMING.

REMEMBER: SELL THE RUMOR AND BUY THE FACT. (or vice versa)
...because you never know - until you do!
  • #1,214,414
  • May 5, 2022 10:08am May 5, 2022 10:08am
103.9 could be the top today for DXY

if not, then E/U is going to crash below 1.05
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #1,214,415
  • May 5, 2022 10:26am May 5, 2022 10:26am
Could 0500/0491 hold the price today then we should see a modest bounce to 0560 the most and if, not then a break of 0471 opens 0450/04000 next!
Looking for profitable short term trades ...|
  • #1,214,416
  • May 5, 2022 10:40am May 5, 2022 10:40am
It's testing 1.0500 once again. Hopefully it will finally break out below that level.
  • #1,214,417
  • May 5, 2022 10:40am May 5, 2022 10:40am
Quoting fxsport
{quote} @TIBORF71 - The fundamentals were spot on. When Powell talked last the market realized that a 0.5% rate increase was going to come on Wed May 4. - Look at the daily chart and E/U fell. Last week there was talk that it "could" be a 0.75% rate increase. When the increase was only 0.5% AND Powell sounded reasonable traders felt relieved hence the rise - Now 16 hours later people realize there will be a 0.5% rate increase in June so the downward momentum continues. It's not the fundamentals that get people it the TIMING. REMEMBER: SELL THE RUMOR...
I'm probably trading in a completely different time zone than you. so I have to take a completely different approach.H1.
but the more important news is important to me too.
what you have written can be very useful for a trader in a larger time zone.
peace.
  • #1,214,418
  • May 5, 2022 10:46am May 5, 2022 10:46am
This is EU bearish, expectations are what is driving the market

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https://www.financialjuice.com/home
Looking for profitable short term trades ...|
  • #1,214,419
  • May 5, 2022 10:53am May 5, 2022 10:53am
Quoting Js3mwtRc
This is EU bearish, expectations are what is driving the market {image} https://www.financialjuice.com/home
It looks more like whipsaw action and herd mentality than anything to do with fundamentals.
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #1,214,420
  • May 5, 2022 10:56am May 5, 2022 10:56am
Quoting tiborf71
{quote} I'm probably trading in a completely different time zone than you. so I have to take a completely different approach.H1. but the more important news is important to me too. what you have written can be very useful for a trader in a larger time zone. peace.
You are correct you trade on different time frames.

When I used to trade on a 5-10 minute chart on announcement days I almost always lost $ because I was right on the announcement but wrong on the direction.

It taught me an important lesson - look at price action and trade that. It doesn't matter if I'm right or wrong on the decision just manage my $$$.

...because you never know - until you do!
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