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  • #1,214,541
  • May 11, 2022 3:23am May 11, 2022 3:23am
Quoting JauntyLoon
{quote} So I heard. It's not profitable for me though as there's lots of counter trend pullbacks going on
USD is so strong against other currencies and it doesn't make any significant pullbacks. I hope it does so i can get in again though.

Losses happen to all of us, don't beat yourself up buddy. What goes up must come down. And what goes down must come up again. So there will always be opportunities. Stay patient, manage your risk and always test the waters small before diving. Good luck and greenest pips
You have to have an IQ higher than 90 to interact with this user.
  • #1,214,542
  • May 11, 2022 3:29am May 11, 2022 3:29am
Quoting JauntyLoon
Has anyone managed to make any money from trading yet? I'm still nursing huge losses
always test the strategy you want to apply in all market conditions.
  • #1,214,543
  • May 11, 2022 3:51am May 11, 2022 3:51am
Attached Image (click to enlarge)
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  • #1,214,544
  • May 11, 2022 3:57am May 11, 2022 3:57am
so the round bottom got his target , next may 0583/94/0607 . anyway this last leg up not looks like a good camel trunk rather inverted one to play lows ! lets see what comes up 0583! careful all , longs at be set specially!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 11 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,214,545
  • May 11, 2022 4:02am May 11, 2022 4:02am
Quoting fontu
so the round bottom got his target , next may 0583/94/0607 . anyway this last leg up not looks like a good camel trunk rather inverted one to play lows ! lets see what comes up 0583! careful all , longs at be set specially! {image}
look at daily chart macd

on my chart it is at top right in yellow
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 21 KB
  • #1,214,546
  • May 11, 2022 4:03am May 11, 2022 4:03am
Quoting Js3mwtRc
{quote} It failed to rise above 0600, but reached and is bouncing from the first (0517 level). We may see 0600 from here, but it looks soft and Asia is a slow session. Patience until tomorrow US CPI.
You better protect now if, it happend to took this trade yesterday, the market is mean reversing and it might go lower from what you would think of if, more market players decide to go short on profit taking.
Looking for profitable short term trades ...|
  • #1,214,547
  • May 11, 2022 4:07am May 11, 2022 4:07am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 77 KB

heavily long.....SL at BE at 5 50 . I believe there is room to move higher . Patience

  • #1,214,548
  • May 11, 2022 4:11am May 11, 2022 4:11am
Quoting tiborf71
{quote} always test the strategy you want to apply in all market conditions.

How does anyone make any money trading these short time frames?

Time to quit again - I've no idea how this works.
  • #1,214,549
  • May 11, 2022 4:19am May 11, 2022 4:19am
Quoting JauntyLoon
Has anyone managed to make any money from trading yet? I'm still nursing huge losses
basics of currency is central banks interest rates and its valuation as comp[ared top cuirrency ion whioch you buy crude oil
  • #1,214,550
  • May 11, 2022 4:21am May 11, 2022 4:21am
Quoting JauntyLoon
{quote} How does anyone make any money trading these short time frames? Time to quit again - I've no idea how this works.
trading forex is like flirting, so first learn the basics of good flirting
  • #1,214,551
  • May 11, 2022 4:21am May 11, 2022 4:21am
Quoting JauntyLoon
{quote} How does anyone make any money trading these short time frames? Time to quit again - I've no idea how this works.
just do a little research and test every available strategy.
the road will be very long.
a lot of perseverance.
  • #1,214,552
  • May 11, 2022 4:23am May 11, 2022 4:23am
Quoting tiborf71
{quote} just do a little research and test every available strategy. the road will be very long. a lot of perseverance.

There is no way to test a strategy under 'all' market conditions.

Even if you paid money to get 10 - 20 years' of historical data on an hourly chart and you have the programming knowledge to exactly specify your trade entry and exit points, market conditions in the future will never be exactly like market conditions in the past.

So what you're referring to is impossible

And hence, why 99.98% of all retail traders lose

It's futile to fight against such odds.
  • #1,214,553
  • May 11, 2022 4:25am May 11, 2022 4:25am
Quoting PatienceFx
{quote} trading forex is like flirting, so first learn the basics of good flirting
There's no point, I made money and lost it as always - the only solution is to know when exactly a trend will stop, and then stop trading.

Unless you can know when exactly the trend will stop, you'll lose all the money you make.
  • #1,214,554
  • May 11, 2022 4:30am May 11, 2022 4:30am
i just take small 5 to 10 pip trades and forget about them, i never get married to any trades
  • #1,214,555
  • Edited 4:47am May 11, 2022 4:32am | Edited 4:47am
Quoting PatienceFx
{quote} look at daily chart macd on my chart it is at top right in yellow {image}
As initial bull target meet, long closed and short test done, looking 0549 limit if breaks otherwise may go for upper levels again. Take care
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,214,556
  • May 11, 2022 4:37am May 11, 2022 4:37am
Quoting JauntyLoon
{quote} There is no way to test a strategy under 'all' market conditions. Even if you paid money to get 10 - 20 years' of historical data on an hourly chart and you have the programming knowledge to exactly specify your trade entry and exit points, market conditions in the future will never be exactly like market conditions in the past. So what you're referring to is impossible And hence, why 99.98% of all retail traders lose It's futile to fight against such odds.
dude .10-20 year old stats don't care.
if you trade M1 ---------- H4.
IF YOUR TRADE IS BASED ON TECHNICAL ANALYSIS.
  • #1,214,557
  • May 11, 2022 4:39am May 11, 2022 4:39am
Quoting tiborf71
{quote} dude .TECHNICAL ANAL Y SIS.
  • #1,214,558
  • May 11, 2022 4:51am May 11, 2022 4:51am
Quoting JauntyLoon
{quote} There's no point, I made money and lost it as always - the only solution is to know when exactly a trend will stop, and then stop trading. Unless you can know when exactly the trend will stop, you'll lose all the money you make.
mate.
Take off your sunglasses and you will see it better.
there are plenty of other strategies.
test them.
  • #1,214,559
  • May 11, 2022 5:02am May 11, 2022 5:02am
My BuyZone Below 1.0545
Sell Zone 1.0595+
  • #1,214,560
  • May 11, 2022 6:05am May 11, 2022 6:05am
0549 limit broken so next 0524 and breaks likely towards 0470 yto 0220 possible starts! .
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20220511-150105.png Size: 54 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
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