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  • #1,214,941
  • May 25, 2022 6:26am May 25, 2022 6:26am
Quoting martin1977
{quote} Thanks buddy, but someone consistently advised me not to trade if bank closes...
Just keep in mind that the "big boys" at the major institutions will not be at work and adjust your expectations accordingly.

In any case, look back historically when such conditions have occurred and see if the conditions that you observe on your chart fall in line with you trading system: Question answered ...
To free Gazans of Hamas, use whatever it takes.
  • #1,214,942
  • May 25, 2022 6:30am May 25, 2022 6:30am
Quoting DrDave
{quote} Just keep in mind that the "big boys" at the major institutions will not be at work and adjust your expectations accordingly. In any case, look back historically when such conditions have occurred and see if the conditions that you observe on your chart fall in line with you trading system: Question answered ...
Looking for profitable short term trades ...|
  • #1,214,943
  • May 25, 2022 6:55am May 25, 2022 6:55am
Quoting ForexGoose
{image} {image}
1.076 is the strong resistance, as predicted
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #1,214,944
  • May 25, 2022 7:07am May 25, 2022 7:07am
simply most likely some pips can be earned long... not long term position.
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How much you lose when you are wrong?
  • #1,214,945
  • May 25, 2022 7:14am May 25, 2022 7:14am
Quoting aljOOker
simply most likely some pips can be earned long... not long term position. {image}
maybe the broker earns those pips and the client loses everything?
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #1,214,946
  • May 25, 2022 7:33am May 25, 2022 7:33am
Quoting ForexGoose
{quote} maybe the broker earns those pips and the client loses everything?
every probability has a chance here, we all have nothing but predictions, for me main focus on getting pips more than being right, and i think those pips won't be as little as broker spreads.
How much you lose when you are wrong?
  • #1,214,947
  • May 25, 2022 8:09am May 25, 2022 8:09am
Quoting aljOOker
{quote} every probability has a chance here, we all have nothing but predictions, for me main focus on getting pips more than being right, and i think those pips won't be as little as broker spreads.
i use pure mathematics
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  • #1,214,948
  • May 25, 2022 8:15am May 25, 2022 8:15am
Quoting ForexGoose
{quote} maybe the broker earns those Tits and the client loses everything?
what ???
  • #1,214,949
  • May 25, 2022 8:33am May 25, 2022 8:33am
Quoting PatienceFx
{quote} i use pure mathematics {image}
and it's not pure science, you can be deadly wrong with that pure mathematics that used on something that unrolled purely by it, at the end of the day you are simply building predictions like all of us using that pure mathematics.

anyway i would say my predication in peace which can be really very wrong and I'm okay with that, I think EUR have a chance to visit these areas from now 1.0710 - 1.0735 - 1.0782. [email protected]
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How much you lose when you are wrong?
  • #1,214,950
  • May 25, 2022 9:02am May 25, 2022 9:02am
eurusd。30min。bounced back
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  • #1,214,951
  • May 25, 2022 10:36am May 25, 2022 10:36am
FOMC is in some hours. I am most worried about US GDP q/q and not for rates yet!

4H

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Looking for profitable short term trades ...|
  • #1,214,952
  • May 25, 2022 10:55am May 25, 2022 10:55am
Anyone same trade with me?
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  • #1,214,953
  • May 25, 2022 11:02am May 25, 2022 11:02am
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  • #1,214,954
  • May 25, 2022 11:04am May 25, 2022 11:04am
if the support of broken 4h trend line failed, it will go for 1.01 and 1 :/
  • #1,214,955
  • May 25, 2022 11:06am May 25, 2022 11:06am
Quoting aljOOker
{quote} and it's not pure science, you can be deadly wrong with that pure mathematics that used on something that unrolled purely by it, at the end of the day you are simply building predictions like all of us using that pure mathematics. anyway i would say my predication in peace which can be really very wrong and I'm okay with that, I think EUR have a chance to visit these areas from now 1.0710 - 1.0735 - 1.0782. [email protected] {image}
But you have to understand that the pure mathematics that is being used is simply creating a model--note MODEL, not CLONE--that cannot precisely represent the complex system that is being modeled. For a rather good model, this will result in some features and aspects of the system being able to be described very well by the model and others that are poorly described. This, of course, leads to predictions of some of the system aspects to be quite accurate while other features have very low prediction accuracy.

Often in designing a model, there is some specific set of features that are highly desired to be modeled very accurately and other features that are of little or no interest. Hence, by design, the specified model is highly likely to do an extremely poor job of predicting the features of little interest. So, for best use of the model, the user must be aware of these design choices. When a user with no information about the design of the model tries to use it, he will likely have a bad experience with it declare it to be of little or no value at all, whereas a user who is better informed about the model design is much more likely to have a positive outcome.
To free Gazans of Hamas, use whatever it takes.
  • #1,214,956
  • May 25, 2022 11:07am May 25, 2022 11:07am
Quoting Leong
Anyone same trade with me? {image}
Not bad BUT be cautious with that stop and the FOMC meeting minutes coming out at 2:00 pm EST - It "could" cause a spike in either direction.

PERSONALLY, I believe that EUR/USD is more likely to fall to your TP than it would take out your stop. As for me, I wait until 30 minutes AFTER the minutes are released to let the haphazard prices settle on a direction before I go all in.
...because you never know - until you do!
  • #1,214,957
  • May 25, 2022 11:28am May 25, 2022 11:28am
Quoting afsoungar
if the support of broken 4h trend line failed, it will go for 1.01 and 1 :/
It may not! Better look at bigger timeframe - Daily and above. My analysis say that a break of 0349/39 opens the road for 02100 and then at parity - 1.0000.

You should take forex step by step - level by level.

In this case 4H trend says that EU may bounce from here, or a lower level up again, because simple I follow patterns of price action - me.

What makes you think that EU will go down that fast!
Looking for profitable short term trades ...|
  • #1,214,958
  • May 25, 2022 12:14pm May 25, 2022 12:14pm
I've been trying to trade on 30 mins timeframe and getting absolutely hammered.

I don't think it's profitable to trade on anything less than a 4 hour timeframe? Even then it is hardly profitable either.
  • #1,214,959
  • May 25, 2022 12:56pm May 25, 2022 12:56pm
no rate hike ; news leaked

buy target 1.08

Quoting PatienceFx
no rate hike ; news leaked buy target 1.08
Attached Image (click to enlarge)
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  • #1,214,960
  • May 25, 2022 1:06pm May 25, 2022 1:06pm
Quoting Js3mwtRc
{quote} It may not! Better look at bigger timeframe - Daily and above. My analysis say that a break of 0349/39 opens the road for 02100 and then at parity - 1.0000. You should take forex step by step - level by level. In this case 4H trend says that EU may bounce from here, or a lower level up again, because simple I follow patterns of price action - me. What makes you think that EU will go down that fast!
if you see another channel on daily or 4h time frame, you can see that price is next target on bottom of channel if the h4 trend line support fail
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