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  • Post #158,281
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  • Oct 4, 2022 1:26pm Oct 4, 2022 1:26pm
  •  asyed4
  • | Joined Aug 2007 | Status: Member | 484 Posts
Quoting asyed4
Disliked
Ata I have a question for you, does E/U revise its Tuesday high of 0.99939 in the letter session or even in US session US low yield news is in focus today and even the equity market is also has an upper hand.
Ignored
Actually I am asking this question because I have two long positions (small) @ 0.9946/0.9950 and I don't know whether I have to wait for a while or not. I am also focusing 1H close and 4 HR close as well...
 
 
  • Post #158,282
  • Quote
  • Oct 4, 2022 1:28pm Oct 4, 2022 1:28pm
  •  buddha-
  • | Joined Feb 2019 | Status: Member | 1,344 Posts
️ 1.08 dealing
 
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  • Post #158,283
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  • Oct 4, 2022 1:31pm Oct 4, 2022 1:31pm
  •  GiveMeYours
  • | Joined Aug 2022 | Status: Member | 53 Posts
Quoting T721
Disliked
{quote} Astrology--- wouldnt even know how to apply that in my trading. and your 100% right no one will ever get 100% of their trades right , But you dont need to
Ignored
It is hard to learn and to use. But if you want to, keep it simple and for example use the moon cycle, full/new moon.

"A Trader's Guide to Financial Astrology
Forecasting Market Cycles Using Planetary and Lunar Movements"

Larry Pasavento, Shane Smoleny

Think in number 9
 
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  • Post #158,285
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  • Oct 4, 2022 1:33pm Oct 4, 2022 1:33pm
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,687 Posts
Quoting asyed4
Disliked
Ata I have a question for you, does E/U revise its Tuesday high of 0.99939 in the letter session or even in US session US low yield news is in focus today and even the equity market is also has an upper hand.
Ignored
I am guessing that some dirty EURO bankers are working together, trying to close some of their hanging longs before the orchestrated war escalates, and also before winter arrives. These events will surely force this pair to drop even further... Just my opinion..

In other words, prepare to stay patient because after such a rise, it can take days and even weeks until real wave B down starts developing... I recommend not to rush with sales!
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 8.6%
 
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  • Post #158,286
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  • Oct 4, 2022 1:38pm Oct 4, 2022 1:38pm
  •  GiveMeYours
  • | Joined Aug 2022 | Status: Member | 53 Posts
Quoting T721
Disliked
{quote} This is trading with an edge. But But But i get plenty wrong. Sorry for spamming your thread {image} Ata-Turkoglu {image} {image} {image} {image}
Ignored
This is trading with an edge to.. But we are working in a world where everything works and nothing works so at the end we all gambling our ass off and manage our risk
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Think in number 9
 
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  • Post #158,287
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  • Oct 4, 2022 1:43pm Oct 4, 2022 1:43pm
  •  numbercutter
  • Joined Jul 2022 | Status: Member | 134 Posts
the rubber band of truth simply does not lie... the bounce will be immense. i go short with no stop and will keep going short until my position volume is heard within the deepest sea caverns
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  • Post #158,288
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  • Oct 4, 2022 1:45pm Oct 4, 2022 1:45pm
  •  GiveMeYours
  • | Joined Aug 2022 | Status: Member | 53 Posts
Quoting numbercutter
Disliked
the rubber band of truth simply does not lie... the bounce will be immense. i go short with no stop and will keep going short until my position volume is heard within the deepest sea caverns {image}
Ignored
Think in number 9
 
 
  • Post #158,289
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  • Oct 4, 2022 2:10pm Oct 4, 2022 2:10pm
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 7,745 Posts
Quoting GiveMeYours
Disliked
{quote} Markets are mathematically build, based on astrology. Geometric in purest form, manipulated by news and events. But trading is always gambling, otherwise there will be people wich have a 100% winning rate and as you know.. There is nobody with a 100% rate. Trading = gambling with a correct risk management, and indeed an edge. But how good you are or how good your edge is.. You wont ever have a winning rate of 100%. Never. So, trading is gambling
Ignored
Following this train of thought even the market woman and petty traders selling food and drinks are also gambling because they never make 100%. They lose too. Price falls on them and they have to sell old stock at a loss or cheaper price sometimes.

Life itself, then, is a gamble, nay?
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
 
 
  • Post #158,290
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  • Oct 4, 2022 2:16pm Oct 4, 2022 2:16pm
  •  gmettler
  • | Joined Jan 2021 | Status: Member | 31 Posts
Interesting symmetrical "V" we now have on the daily. Six sessions of steady drop (9/20 - 9/27) followed by five sessions (and counting) of nearly steady retracement (9/28 - 10/4). The most recent corollary I found was 1/14 - 2/4, ending a few sideways days before the start of our current eight-month plunge on 2/11. The pattern identifying part of my brain wants to try to read some forecastable sign into this "V"- continuation of the plunge back down to .95 or lower. Do any of you who have years of trading experience take any special notice of a "V" like this or is it just another variation on normal noise and fluctuations?
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  • Post #158,291
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  • Oct 4, 2022 2:34pm Oct 4, 2022 2:34pm
  •  numbercutter
  • Joined Jul 2022 | Status: Member | 134 Posts
Quoting Mitiblotch
Disliked
{quote} Following this train of thought even the market woman and petty traders selling food and drinks are also gambling because they never make 100%. They lose too. Price falls on them and they have to sell old stock at a loss or cheaper price sometimes. Life itself, then, is a gamble, nay?
Ignored
who got the dice?
 
 
  • Post #158,292
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  • Oct 4, 2022 2:37pm Oct 4, 2022 2:37pm
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,687 Posts
Based on magnetics, I have 0.9996 on my radar.. I doubt that it will resist today but if it does I might join the wise bear party.. (not the gambler bear party!)

For now I am only watching...
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 8.6%
 
3
  • Post #158,293
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  • Oct 4, 2022 2:42pm Oct 4, 2022 2:42pm
  •  bigiivan
  • Joined Jun 2018 | Status: Brother | 3,911 Posts
Quoting bigiivan
Disliked
Buy EU at 1,0012. No SL and TP.
Ignored
Quoting bigiivan
Disliked
Buy EU at 0,9880. No SL and TP. It is sweet to buy before the news. * I have other long position and still hold it.
Ignored
Quoting bigiivan
Disliked
{quote} {quote} It is time for a third buy: Buy EU at 0,9631 No SL and TP. Now I will wait a while. Let's see!
Ignored
Out + 417 pips.
First one -32 pips, second one + 100 pips, third one + 349 pips.
 
10
  • Post #158,294
  • Quote
  • Oct 4, 2022 3:22pm Oct 4, 2022 3:22pm
  •  johncen
  • Joined Apr 2011 | Status: Liverpool's KOP | 4,159 Posts
Quoting bigiivan
Disliked
{quote} {quote} {quote} Out + 417 pips. First one -32 pips, second one + 100 pips, third one + 349 pips.
Ignored
Welldone
Patience, Emotion Control and Discipline.
 
1
  • Post #158,295
  • Quote
  • Oct 4, 2022 3:24pm Oct 4, 2022 3:24pm
  •  johncen
  • Joined Apr 2011 | Status: Liverpool's KOP | 4,159 Posts
What a day! My last long from 9555 closed @ 9980
but have taken a loss for selling 9900 area, bigger size than I ususally will do. Didn’t expect to see 9980 or even 9940 today!

now taken a short @ 9985. Parity to 1.0050 key area for me. Trendline on daily chart
Patience, Emotion Control and Discipline.
 
1
  • Post #158,296
  • Quote
  • Oct 4, 2022 3:41pm Oct 4, 2022 3:41pm
  •  GiveMeYours
  • | Joined Aug 2022 | Status: Member | 53 Posts
Quoting Mitiblotch
Disliked
{quote} Following this train of thought even the market woman and petty traders selling food and drinks are also gambling because they never make 100%. They lose too. Price falls on them and they have to sell old stock at a loss or cheaper price sometimes. Life itself, then, is a gamble, nay?
Ignored
True. Buying a lot to have a business is also gambling.
Walking true green light is also gambling.
A lot is gambling

gamble
/ˈɡamb(ə)l/

gambling

~take risky action in the hope of a desired result.

In my opinion is trading CFD's a risky business and we all hope "we are right". But that's why markets are markets, and there's always a winner and a loser in a trade
Think in number 9
 
2
  • Post #158,297
  • Quote
  • Oct 4, 2022 3:43pm Oct 4, 2022 3:43pm
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 7,745 Posts
Quoting bigiivan
Disliked
{quote} {quote} {quote} Out + 417 pips. First one -32 pips, second one + 100 pips, third one + 349 pips.
Ignored
Wow! That was bloody good! Kudos.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
 
1
  • Post #158,298
  • Quote
  • Oct 4, 2022 3:44pm Oct 4, 2022 3:44pm
  •  johncen
  • Joined Apr 2011 | Status: Liverpool's KOP | 4,159 Posts
Quoting Ata-Turkoglu
Disliked
Based on magnetics, I have 0.9996 on my radar.. I doubt that it will resist today but if it does I might join the wise bear party.. (not the gambler bear party!) For now I am only watching...
Ignored
Agree my friend may be a nonstop train to 0050
Patience, Emotion Control and Discipline.
 
1
  • Post #158,299
  • Quote
  • Oct 4, 2022 4:26pm Oct 4, 2022 4:26pm
  •  GiveMeYours
  • | Joined Aug 2022 | Status: Member | 53 Posts


With liquidity at the high's and some imbalances just above 1.000, i think we are going to have a great short incoming. 400 pips

Untested daily and weekly vwap (close) prices are my target's

~Weekly POC and the weekly VWAP are working like a magnet




Trade safe
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Think in number 9
 
1
  • Post #158,300
  • Quote
  • Edited Oct 5, 2022 3:38am Oct 4, 2022 5:16pm | Edited Oct 5, 2022 3:38am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,687 Posts
Bulls closing with such a confident candle can only mean one thing: Be prepared for another 100 pips rally.

I don't expect any correction until 1.0111... Just saying
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 8.6%
 
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