Cut your losses. Cut your losses. Then maybe you have a chance
- #132,602
- Jul 5, 2022 5:16pm Jul 5, 2022 5:16pm
- Joined Nov 2008 | Status: Trader | 50,216 Posts | Online Now
WATCHOUT!
GBPUSD and Boris Johnson
How many times can Boris Johnson resign in his political career? He did resigned once in 2018.
Read old post keyword "boris johnson"
It created a Boris Johnson candle.
https://www.forexfactory.com/showthr...6#post11318766
https://www.forexfactory.com/showthr...4#post11244804
Will there be another falling knife to catch?
or
a dead cat bounce?
GBPUSD and Boris Johnson
How many times can Boris Johnson resign in his political career? He did resigned once in 2018.
Read old post keyword "boris johnson"
It created a Boris Johnson candle.
https://www.forexfactory.com/showthr...6#post11318766
https://www.forexfactory.com/showthr...4#post11244804
Will there be another falling knife to catch?
or
a dead cat bounce?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
EURNZD WEEKLY
PRICE RETURN FROM MONTLY RESISTANCE AND LINE OF CHANNEL IN WEEKLY TIME FRAME 
TREND BROKEN IN DAILY TIME FRAME 
TDI GOOD SLOPE
NO MORE THAN IDEA
I WILL NOT TAKE IT BECAUSE I TAKE FOUR TRADES THIS WEEK
PRICE RETURN FROM MONTLY RESISTANCE AND LINE OF CHANNEL IN WEEKLY TIME FRAME
TREND BROKEN IN DAILY TIME FRAME
NO MORE THAN IDEA
I WILL NOT TAKE IT BECAUSE I TAKE FOUR TRADES THIS WEEK
Cut your losses. Cut your losses. Then maybe you have a chance
NZD CAD MONTLY
RETURN FROM SUPPORT 
NZD CAD WEEKLY 
NZD CAD DAILY
DAILY CANDLE CLOSE ABOVE MONTLY SUPPORT 
TDI GOOD SLOPE
NO MORE THAN IDEA
I WILL NOT TAKE IT BECAUSE I TAKE FOUR TRADES THIS WEEK
RETURN FROM SUPPORT
NZD CAD WEEKLY
DAILY CANDLE CLOSE ABOVE MONTLY SUPPORT
TDI GOOD SLOPE
NO MORE THAN IDEA
I WILL NOT TAKE IT BECAUSE I TAKE FOUR TRADES THIS WEEK
Cut your losses. Cut your losses. Then maybe you have a chance
- #132,606
- Jul 5, 2022 6:08pm Jul 5, 2022 6:08pm
- Joined Nov 2008 | Status: Trader | 50,216 Posts | Online Now
{quote} watching this pair this week and following weeks as interest rate is key in this 3Q. I am sure the SNB is closely watching the Euro zone fiscal activity and the 3Q.GDP of the big ones. Weekly is now sideways and range about 140pips and with a 80pips ADR(100), not very attractive for TMS MEME. Potential Daily Inside Bar trade. {image} ...
USDCHF Jul06 SYD update:
- one final push to 9712
- trading the sideways Market Type#2 with Weekly Control Candle WCC
- today's US PMI data can bring a new surprise
- look for low risk trading ideas
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,607
- Jul 5, 2022 6:27pm Jul 5, 2022 6:27pm
- Joined Nov 2008 | Status: Trader | 50,216 Posts | Online Now
+78 on NZDUSD entered after 9pm candle posted, TDI checkmark, but not cross yet 2nd pic is my trendlines drawn from HTF - Daily, Weekly went to work, came home slept a bit and opened account to 2 winners I know my SL will get me out so comfortable to do this also +180 on EURUSD 40 pip SL - visually was above candle prior to the one used for entry decision feedback welcome however I broke rule to wait until TDI looking to cross back in other direction or green HA candle, but I decided to lock it up my plan is to trade from cross to cross or opposite...
good trades!
you have your approach so stick with that and learn from every trade - win or loss.
after 1000 trades, you will know your winning edge.
you know what self-sabotage is so you need to work very hard and prevent that from happening too often. it is easy to say but very hard to do.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,608
- Jul 5, 2022 6:30pm Jul 5, 2022 6:30pm
- Joined Nov 2008 | Status: Trader | 50,216 Posts | Online Now
{quote}good trade idea. I just took one basket profit with TMS MEME. Now re-open a new sell basket. {image}
EURJPY Jul06 SYD
- breaking 139.83 is good
- more downside to 137.80ish
- let the market decide where it wants to go, we just follow along
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,609
- Jul 5, 2022 6:37pm Jul 5, 2022 6:37pm
- Joined Nov 2008 | Status: Trader | 50,216 Posts | Online Now
USDCAD Jul06 SYD
- this pair surprised me with early 'test' of WCC High 1.3708 and all is good
- today can take some more profits at 3708
...
- this pair surprised me with early 'test' of WCC High 1.3708 and all is good
- today can take some more profits at 3708
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,610
- Jul 5, 2022 6:43pm Jul 5, 2022 6:43pm
- Joined Nov 2008 | Status: Trader | 50,216 Posts | Online Now
{quote} US30 Jul05 London 9:30am - sell 31000 - TP WCC Low {image} {image}
- took 3 entries as price fell and protected before NYSE
- all 3 trades got stopped out at BE+
- still a good trading day not losing money
> today same game plan @31000
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,611
- Jul 5, 2022 6:52pm Jul 5, 2022 6:52pm
- Joined Nov 2008 | Status: Trader | 50,216 Posts | Online Now
{quote} NAS100 Jul 05 pre-session trades closed - 3 sell trades 3 winners - make up for yesterday no trading due to US holidays > no need to be like the newbie trading with big lots Au sell 6.0 lot all in one single entry to impress people here with his Demo $200k account > just follow Big E' Post #557 and Post#7555 {image} {image}
US500 Jul 05 pre-session trade closed
- just one trade to makeup to the Daily average Big E' #557 and #7555
- simple chart pattern and price action setup, toppisch price @BRN 3850 + 5bars swing high reversal candle setup
> no need to Stoch and TDI Big E' #2617
..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,612
- Jul 5, 2022 7:00pm Jul 5, 2022 7:00pm
- Joined Nov 2008 | Status: Trader | 50,216 Posts | Online Now
{quote} NAS100 Jul 05 pre-session trades closed - 3 sell trades 3 winners - make up for yesterday no trading due to US holidays > no need to be like the newbie trading with big lots Au sell 6.0 lot all in one single entry to impress people here with his Demo $200k account > just follow Big E' Post #557 and Post#7555 {image} {image}
NAS100 Jul05 pre-session trades closed
- a good overall day trading before NY session
- total 4 trades closed
- have a pre-session trade plan and stick to day trading plan
with these profits, the pressure is off this week to meet the Daily Average Big E' #557 and #7555
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,613
- Jul 6, 2022 1:07am Jul 6, 2022 1:07am
- Joined Nov 2008 | Status: Trader | 50,216 Posts | Online Now
US30 Jul 06 Frankfurt Open 8:00am
- M30 price action with momentum setup
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,614
- Jul 6, 2022 1:11am Jul 6, 2022 1:11am
- Joined Nov 2008 | Status: Trader | 50,216 Posts | Online Now
S&P500 Jul 06 Frankfurt Open 8:00am
- same price action momentum setup
- sell
...
- same price action momentum setup
- sell
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,616
- Jul 6, 2022 4:58am Jul 6, 2022 4:58am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} Thought process behind 2 Buys on AU. {image} {image}{image}
Follow BigE's Trading Made Simple #647
Trend: Overall down, expect pullback at ~1.192 previously L,
Highs and Lows: Higher Low formation
Rejection: Retested and rejected from 1.192
TDI green bounce red up. (Actually missed the Cross signal when working, but great still caught the swing up)
SL 24 pips @ previous L (#495) for ~$700.
Safe TP @ next strong level up @1.1996. But price did not make it so closed @ 1.198 the next LH.
Pretty spot on.
- #132,617
- Edited 5:19am Jul 6, 2022 5:00am | Edited 5:19am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} GU buy Follow BigE's Trading Made Simple #647 Trend: Overall down, expect pullback at ~1.192 previously L, Highs and Lows: Higher Low formation Rejection: Retested and rejected from 1.192 TDI green bounce red up. (Actually missed the Cross signal when working, but great still caught the swing up) SL 24 pips @ previous L (#495) for ~$700. Safe TP @ next strong level up @1.1996. But price did not make it so closed @ 1.198 the next LH. Pretty spot on.
Doing pretty well for 3 weeks in a row. Just go for safe trades and steady gain. When considering BE+ trades as "losing" (because the price would touch initial SL rather then initial TP), ~70%
Off work and trading for some work out at Bouldering Gym
Trade well
- #132,618
- Jul 6, 2022 5:11am Jul 6, 2022 5:11am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} US30 Jul 06 Frankfurt Open 8:00am - M30 price action with momentum setup {image} ...
You sold at bottom...... And that is what you learn over >12 years of losing...?
Let me teach you how BigE's Trading Made Simple could have avoided selling into support. Lemme just draw a line as teaser.
Good luck
{quote} Nice trades Ali. Why stop at 4 for the week?
All are winners
I closed 2 trades that give me +6% percentage profit and i still in two trades each one give me till now around 1 % win
So i achieved more than i need that week
And I know that the market need bribe for
The profits i achieved and I don't want to give any bribe for the market this week
Cut your losses. Cut your losses. Then maybe you have a chance
- #132,620
- Jul 6, 2022 5:54am Jul 6, 2022 5:54am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
{quote} GU buy Follow BigE's Trading Made Simple #647 Trend: Overall down, expect pullback at ~1.192 previously L, Highs and Lows: Higher Low formation Rejection: Retested and rejected from 1.192 TDI green bounce red up. (Actually missed the Cross signal when working, but great still caught the swing up) SL 24 pips @ previous L (#495) for ~$700. Safe TP @ next strong level up @1.1996. But price did not make it so closed @ 1.198 the next LH. Pretty spot on.
To free Gazans of Hamas, use whatever it takes.