EURUSD

I'm seeing a bullish day today and also this week for EUR/USD. Possible target: 1:10. Maybe more.
No more shorts. Only adding longs, and holding...

Buy Stop triggered and hit TP1 and SL move to BE but then SL hit at BE

Sell Stop triggered and hit both TP1 and TP2

I still have 3 underwater short positions around 1.0805 - 1.0817 from the other day, and didn't manage to close them this morning at the dip because I was sleeping.
But I had 4 longs running before the news, now in good profit.
Will close shorts and add more longs if price dips again. I expect bullish manipulation for the rest of this week, even if FOMC and other red news is bearish for EUR/USD.
My super (Spidey) sense says bulls will take any liquidity they can get for today and this week.
Maybe next week will be time to short again.

can you please share thi strategy

Next strong support target

February 01, 2024
EURUSD
How to Use FIBO Volatility levels?
Here is full detail with chart and pending orders.
On the chart, there are two lines. Blue and Pink.
Price levels on blue line are for Buy Stop order.
Price levels on pink line are for Sell Stop order.
Blue line (Buy Stop order) start at the level of 0.236 ( you can check the price tag of each level on the chart).
Pink line (Sell Stop Order) start at the level of 0.236 ( you can check the price tag of each level on the chart).
Area between Blue line 0.236 and Pink line 0.236 is no trade zone.

Today’s positions (Check Price tag on chart in video)
Buy Stop (Blue Line) 0.236 TP1 0.382 (BE) TP2 0.5 SL Sell Side 0.236
Sell Stop (Pink Line)0.236 TP1 0.382 (BE) TP2 0.5 SL Buy Side 0.236

Oof, I log on to Oanda just now, and the whole bullish scenario I saw this morning looks like it failed. Price action on EUR/USD looks really bearish. So, it remains to be seen, is it a bearish fakeout and final test of support zone to go up from here for the rest of this week, or is this the beginning of the non-stop mudslide to parity?
I was occupied with driving taxi during FOMC so I couldn't focus on scalping the volatility. However, I did manage to close my old underwater shorts with small profits when FOMC news drove the price down to the bottom of the range.
Only 1 underwater long position remained after the FOMC volatility. I just now opened a short position to hedge it.

Live accounts start with $100 and Demo $100k.
Current Net Equity results from best to worst:

#3 Live $146.62 (+46.62%) (13 trading days)
#5 Live $143.30 (+43.30%) (11 trading days)
#1 Live $141.50 (+41.50%) (21 trading days)
#7 Live $130.51 (+30.51%) (10 trading days)
#4 Live $128.33 (+28.33%) (11 trading days)
#2 Live $122.92 (+22.92%) (15 trading days)
#8 Live $121.29 (+21.29%) (1 trading day)
#6 Live $84.28 (-15.72%) (10 trading days)

Combined results for live accounts:
Deposit = $800.00
Net Equity = $1,018.75
Profit +$218.75 (+27.34%) (10-21 trading days)

#11 Demo $168,460 (+68.46%) (6 trading days)
#9 Demo $160,115 (+60.11%) (6 trading days)
#8 Demo $149,159 (+49.16%) (19 trading days)

Combined results for demo accounts:
Deposit = $300,000
Net Equity = $477,734
Profit = $177,734 (+59.24%) (6-19 trading days)

Overall equivalent results of Live and Demo combined
(Live = $200k + %)
Deposit = $1,100,000
Net Equity = $2,515,174
Profit = $1,415,174 (+128.65%) (6-46 trading days)

The average trading days for each of my 11 trading accounts combined of Demo + Live is 22.18 trading days. That's exactly 1 month. (Average trading days per month is 21.6)
So, technically, my system gained me +128.65% ROI in only 22 trading days (1 month)!!
That's way better than I expected to achieve.
The record time to achieve +100% ROI with any one account is now 5 trading days, done with #10 Demo, finished yesterday, now replaced by #8 Live.
The previous record was 6 days, done with #6 Demo, which was replaced by #1 Live on January 3, 2024.
So much done within 1 month.
My total growth so far is, again, far more than I expected by this time.
Considering my current progress, gaining +1,000% ROI within the next six months is well within reach. Hopefully, by then (End of July, 2024), I should have completed Level 7 of my leveling system, of Level 1 to 32, with at least one account.
Level 7 is trading Live $6,000 to $12,000, then withdraw $2,000 before starting level 8 with $10,000 (hopefully by the end of July, 2024).
Level 17 is trading $600,000 to $1,200,000, then withdrawing $200,000.
Level 32 is trading $600,000,000 to $1,200,000,000, then withdrawing $200,000,000
With my current rate of progress, level 17 could be reached within 18 months from today, calculating a bit slower percentage growth per level as the account gets bigger.
Level 32 could be done within 5-10 years, depending on if the broker even lets me trade that much at a time, as well as how much leverage they give me.
But, let's wait to cross that bridge until we get there. Just 1 level at a time, one day at a time. Staying focused on pips and percentages only. Ignore the $$ amounts. And you'll be fine.

I hope some of you guys can use this example as encouragement to keep trying until you also establish a consistent winning system. It took me 4 years and 3 months (51 months) of losing money and learning, to get to this point to start my current system on November 26, 2023. Now it's been 2 months of consistent gains, and I'm only just getting started. I'm not interested anymore in trying any other type of system that might do better for me because what I'm gaining here at this rate is already better than I expected to achieve consistently long term. Of everything I have tried and tested, my current system of scalping/hedging has been the most profitable consistently. So, I'm happy with it and am planning to stay with it.
Keep it simple, and your mind, body, and spirit will thank you later. Good luck!

Hi Superman,
Reading such people's comments keeps us alive in the market with the hope that I will be successful too. Would you mind sharing the strategy that you finally decided to stick with?

in a lil pickle going to keep positions open til otherwise still bearish....

First Sell Stop triggered and hit both TP1 and TP2

Buy Stop triggered and hit both TP1 and TP2

February 02, 2024
EURUSD
How to Use FIBO Volatility levels?
Here is full detail with chart and pending orders.
On the chart, there are two lines. Blue and Pink.
Price levels on blue line are for Buy Stop order.
Price levels on pink line are for Sell Stop order.
Blue line (Buy Stop order) start at the level of 0.236 ( you can check the price tag of each level on the chart).
Pink line (Sell Stop Order) start at the level of 0.236 ( you can check the price tag of each level on the chart).
Area between Blue line 0.236 and Pink line 0.236 is no trade zone.
Today’s positions (Check Price tag on chart in video)
Buy Stop (Blue Line) 0.236 TP1 0.382 (BE) TP2 0.5 SL Sell Side 0.236
Sell Stop (Pink Line)0.236 TP1 0.382 (BE) TP2 0.5 SL Buy Side 0.236

This is what I see on my screen. It is a wavy tunnel simple setup.

Despite the price fall it just went from a downtrend to an uptrend - which means that I will buy

tell me 1 reason why the fack retails traders right now are 65% positions in long??? thats the reason they will fucked all and continue lower.!
you still dont recognize forexis mafia gane they robber retails...tiday is very good case.they burn SL both ways..FUCK GARTLEYS PATTERNS...FUCK FIBONACCI..FUCK CANDLES...YOU MUST THINK LIKE THEY

They are long because they are underwater. All the sell positions have been closed in profit.

The long ones are going to get stopped soon ... I assume during Sunday night...

Another wonderful trading day and week for me.
I didn't have much time to scalp or chat yesterday and today. I ended up getting mostly short drawdown yesterday, then today was redemption.
I still have lots of taxi work to do for the rest of the day, so now I closed all positions for today and this week. Will start over fresh on Monday. Vacation time!!
Trade Explorer update is in process now.

Live accounts start with $100 and Demo $100k.
Current Net Equity results from best to worst:

#1 Live $165.66 (+65.66%) (23 trading days)
#7 Live $149.43 (+49.43%) (12 trading days)
#6 Live $144.56 (+44.56%) (12 trading days)
#4 Live $144.39 (+44.39%) (13 trading days)
#8 Live $140.08 (+40.08%) (4 trading days)
#2 Live $135.18 (+35.18%) (17 trading days)
#3 Live $90.86 (-9.14%) (15 trading days)
#5 Live $84.10 (-15.90%) (13 trading days)

Combined results for live accounts:
Deposit = $800.00
Net Equity = $1,054.26
Profit +$254.26 (+31.78%) (4-23 trading days)

#9 Demo $182,134 (+82.13%) (8 trading days)
#11 Demo $180,056 (+80.06%) (8 trading days)
#8 Demo $149,688 (+49.69%) (21 trading days)

Combined results for demo accounts:
Deposit = $300,000
Net Equity = $511,878
Profit = $211,878 (+70.63%) (8-21 trading days)

Overall equivalent results of Live and Demo accounts combined
(Live = $200k + %)
Deposit = $1,100,000
Net Equity = $2,620,398
Profit = $1,520,398 (+138.22%) (8-48 trading days)
Average = 24.18 trading days per account
(Demo + Live combined)
Average = +3.65% ROI per trading day compounded

and who care about your DEMO???

My Demo accounts are important because I use them to determine whether my trading system is successful before I invest money. I wait until the demo account reaches 100% ROI before replacing it with a $100 Live account.
Then I have to get another 100% ROI with that $100 before investing another $200 on top. And so on and so on. It's about establishing a system that is consistent no matter how much money you are trading, demo or live. It's about establishing mental and emotional discipline for me, so when my account gets big, I don't lose my mental stability and trading method.

Buy Stop triggered and hit both TP1 and TP2

Sell Stop triggered and hit both TP1 and TP2

Hi guys, I'm a beginner trader. Any advice you can give me? Can I use excel as a tool to predict fx rates outside of technical analysis and fundamentals?