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  • #861
  • May 31, 2023 7:57pm May 31, 2023 7:57pm
in India Stock market [ the main index nifty 50 ]

way to handle it = nifty index mutual fund ; the whole game is in NUMBER OF UNITS

when a high is made sell all units and book profits

at a lower price BUY MORE UNITS

its always PRICE PER UNIT = so a CAGR of 12% if you DO NOTHING and CAGR of 90% if you trade the Index is possible !!!

enjoy

practically the index shows the whole economy of India
Attached Image (click to enlarge)
Click to Enlarge Name: NSE_NiftyWeekly.png Size: 22 KB
do not follow me 99.9999999% of times, rest you can lol
  • #862
  • May 31, 2023 8:08pm May 31, 2023 8:08pm
Quoting PatienceFx
new month of June, new levels are out, enjoy the month {image}
in forex = trade the whole economy of two countries = you will get better trades AND YOU WILL BE ABLE TO FORECAST PRICE !!!
do not follow me 99.9999999% of times, rest you can lol
  • #863
  • May 31, 2023 8:09pm May 31, 2023 8:09pm
Quoting PatienceFx
{quote} in forex = trade the whole economy of two countries = you will get better trades AND YOU WILL BE ABLE TO FORECAST PRICE !!!
well thats the challenge, we all want to have that crystal ball
Patience, Emotion Control and Discipline.
  • #864
  • May 31, 2023 8:13pm May 31, 2023 8:13pm
Quoting PatienceFx
{quote} in forex = trade the whole economy of two countries = you will get better trades AND YOU WILL BE ABLE TO FORECAST PRICE !!!
if dow jones is going up it means there is more liquidity in the market which means usd is weak

get the idea ?

when interest rate is increasing it means liquidity is being removed from the market and usd is getting stronger ; stocks down EURUSD down

think index, get better trades in forex
do not follow me 99.9999999% of times, rest you can lol
  • #865
  • May 31, 2023 8:16pm May 31, 2023 8:16pm
Quoting PatienceFx
{quote} I can always work for others if the pay is good that way I do not have to bother about the legality of forex trading in India because somebody else is dealing with the laws not me
do not follow me 99.9999999% of times, rest you can lol
  • #866
  • May 31, 2023 8:24pm May 31, 2023 8:24pm
the US Tech Index NAS100 has given pure cash while people were struggling to find trades in EURUSD

think index think forex your trading will change forever
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100.mWeekly.png Size: 19 KB
do not follow me 99.9999999% of times, rest you can lol
  • #867
  • May 31, 2023 8:30pm May 31, 2023 8:30pm
sorry guys for going off topic but i needed to explain a few things
do not follow me 99.9999999% of times, rest you can lol
  • #868
  • May 31, 2023 8:49pm May 31, 2023 8:49pm
Quoting PatienceFx
{quote} I can even work for 20% of profits because I know I can always double account anytime and the USD INR conversion rate is very good
From what amount are you considering cooperation?
  • #869
  • May 31, 2023 8:54pm May 31, 2023 8:54pm
Liquidity should increase RSI has given the idea
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_20230601-092335.png Size: 68 KB
Click to Enlarge Name: Screenshot_20230601-092306.png Size: 250 KB
do not follow me 99.9999999% of times, rest you can lol
  • #870
  • May 31, 2023 9:14pm May 31, 2023 9:14pm
Quoting PatienceFx
Liquidity should increase RSI has given the idea {image} {image}
So, the euro will weaken? Will the price go down?
  • #871
  • May 31, 2023 10:10pm May 31, 2023 10:10pm
Quoting Nuris01
{quote} So, the euro will weaken? Will the price go down?
Money flow will increase in US market
Euro USD should go up with the time
Rest depends on the news flow coming out
We will wait for the 20 SMA to guide
do not follow me 99.9999999% of times, rest you can lol
  • #872
  • May 31, 2023 10:13pm May 31, 2023 10:13pm
Quoting Nuris01
{quote} From what amount are you considering cooperation?
In forex account size does not matter
What matters is the quality of the trade the profitability factor
do not follow me 99.9999999% of times, rest you can lol
  • #873
  • May 31, 2023 10:18pm May 31, 2023 10:18pm
On chart I have used the 20 SMA red line and bolinger 50
Below the chart I have use RSI and placed bollinger on the RSI
So when RSI is above the 50 level price is generally bullish

Rest is understood just by looking at the chart
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20230601-104613.png Size: 57 KB
do not follow me 99.9999999% of times, rest you can lol
  • #874
  • May 31, 2023 10:21pm May 31, 2023 10:21pm
Quoting PatienceFx
On chart I have used the 20 SMA red line and bolinger 50 Below the chart I have use RSI and placed bollinger on the RSI So when RSI is above the 50 level price is generally bullish Rest is understood just by looking at the chart {image}
So if the current daily chart says the price is weak we wait for it to turn first
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20230601-105105.png Size: 68 KB
do not follow me 99.9999999% of times, rest you can lol
  • #875
  • May 31, 2023 10:23pm May 31, 2023 10:23pm
Quoting PatienceFx
{quote} So if the current daily chart says the price is weak we wait for it to turn first {image}
Trading Euro USD is that simple
I am making far more money trading indexes so I can share ideas
do not follow me 99.9999999% of times, rest you can lol
  • #876
  • May 31, 2023 10:23pm May 31, 2023 10:23pm
Quoting PatienceFx
{quote} So if the current daily chart says the price is weak we wait for it to turn first {image}
looks like it won't unfold soon
  • #877
  • May 31, 2023 10:29pm May 31, 2023 10:29pm
Quoting Nuris01
{quote} looks like it won't unfold soon
See how easy it is
do not follow me 99.9999999% of times, rest you can lol
  • #878
  • May 31, 2023 10:35pm May 31, 2023 10:35pm
Index mutual fund
Book profits at high
Buy more units at low
90% cagr is a piece of cake
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20230601-110305.png Size: 88 KB
do not follow me 99.9999999% of times, rest you can lol
  • #879
  • May 31, 2023 10:43pm May 31, 2023 10:43pm
Quoting PatienceFx
{quote} See how easy it is
I hope I have made forex trading a simple job

One look at the daily chart is enough
do not follow me 99.9999999% of times, rest you can lol
  • #880
  • Jun 1, 2023 4:02am Jun 1, 2023 4:02am
Best Wishes to you!
You could also start a new thread of what you now trade instead of currency pairs.

Quoting PatienceFx
this is why i quit forex trading and i am happy with my decision this will be my last post on forexfactory {image}
Funded trader
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