RedcaT 3003
25k Return This Week:
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LIVE Trades Only : EURUSD & GBPUSD 122 replies
Strategy behind 1 EA (buy only) and 1 EA (sell only) 2 replies
Trading EURUSD only 43,752 replies
Eurusd-5m Trading Only 109 replies
Script to change EA to long only/ short only at a price level? 1 reply
Disliked{quote} There is this 1.0550 level on Weekly Chart that has seen some battle between Bulls and Bears.Ignored
Disliked{quote} There is this 1.0550 level on Weekly Chart that has seen some battle between Bulls and Bears.Ignored
Disliked{quote} Sold the top according to this plan, but is not going as it should and as I suspected we are heading much higher. I want to buy dips closest to 1.0390 with stops below 1.0377, this is now 38.2 support. Target at 1.0632. As my part of my longer term strategy will also be selling tops up to 1.0850, these positions are smaller and have larger stops. {image}Ignored
Disliked.......Another problem being, entering trades too much times. Price can go up or down. That means you have to enter the trade 1 and not very often 2 times top a day. Anything more then 2 times a day is bad and shows you don't know what on Earth is going on and that you're gambling rather than making analysis and going with it.......Ignored
Disliked{quote} I strongly disagree with the bold part because you are obviously speaking of trading some large timeframe like D1 maybe, but traders trade all sorts of timeframes from M1, M2, M3 etc etc up to H1, H4, H6, H8 etc etc.. and all give different amount of signals.. but for the part that money management is important I fully agree! Best wishesIgnored
Disliked{quote} Fair enough! Must be stressful to trade those 1M candles though.. Lower the time frame, lower the quality of signals. (Candlestick patterns and all of that..).Ignored
Disliked{quote} Fair enough! Must be stressful to trade those 1M candles though.. Lower the time frame, lower the quality of signals. (Candlestick patterns and all of that..).Ignored
DislikedWe had ISM yesterday. Powell stole the show, incidating it was now time to slow the pace. Market took that as if that was a dovish statement. Not too long ago, a year ago, hiking by 25 bps was very hawkish. Today, hiking by 50 bps is very dovish. I'll let you decipher that emotion. Thanks to A. Greenspan for inventing something to describe: irrational exuberance. Now, ISM came in lower than expected. I put forward 3 cases: ISM, NFP and FOMC. ISM is down, we'll see NFP in couple hours from now, and that already expected dovish move of FOMC. I think...Ignored