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EURUSD

  • #1,223,341
  • Feb 2, 2024 3:22pm Feb 2, 2024 3:22pm
Quoting 7154Superman
{quote} 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...
DEMO=no emotions
False...
  • #1,223,342
  • Feb 2, 2024 5:16pm Feb 2, 2024 5:16pm
Quoting pridolfx
{quote} DEMO=no emotions False...
No, not "false" if you use demo in tandem with live accounts like I'm doing now. Originally, I had the same idea, gotta trade with real money to learn to master it. But no. Because after blowing your account due to inexperience, it only gets harder to control your emotions. So, I had to learn to trade without emotions with demo, to get used to working my system flawlessly like a game. Now that I have developed a habit of trading a certain way, I can switch over to live accounts and win real money without emotions getting involved. It's all about getting into a habitual way of trading = mental and emotional stability. You no longer think about the money. Only pips and percentages like when you trade demo.
I am training myself to treat demo and live accounts with the same importance. It's working for real.
Now I just gotta keep doing it without changing anything. The more you do the same things over and over again, the less you think about it and the less emotions get involved. That's why using a strict system for trading works so well. It's not about taking advantage of every move of price action. It's about disciplining your reaction to price action. That's probably the most telling factor of whether you win consistently or not.
You cannot fail if you never give up.
  • #1,223,343
  • Feb 2, 2024 11:42pm Feb 2, 2024 11:42pm
Quoting 7154Superman
{quote} 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...
My Trade Explorer is now fully updated.
You cannot fail if you never give up.
  • #1,223,344
  • Feb 4, 2024 2:56am Feb 4, 2024 2:56am
so waiting 0723 signal next week for 0384 probable play and decide next !
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDWeekly.png Size: 14 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,223,345
  • Feb 4, 2024 3:17pm Feb 4, 2024 3:17pm
Presently, EURUSD price action is sideways on the daily time frame, but the minor technical structure is bearish, which aligns with the dominant technical structure. Nevertheless, as the location of price action is near the lower boundary of the 1.1000/1.07300 horizontal channel (purple), it is advisable to await a shift in technical impulse after a northward correction – i.e., await a buy-to-sell manipulation to an intra-day area of value (e.g., on the H4/H1 tf) before looking for a sell trading opportunity.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 13 KB
Do your homework, follow the footprints of smart money
  • #1,223,346
  • Feb 4, 2024 4:32pm Feb 4, 2024 4:32pm
February 05, 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

Inserted Video
Love for all; Hatred for none.
  • #1,223,347
  • Feb 5, 2024 11:21am Feb 5, 2024 11:21am
Date: 02/05/2024
Time GMT: 5:17 pm
Market: EUR/USD
Current Price(Dukascopy Bank SA): 1.0735
Major Trend (Monthly): Long
Type of Trade: Swing Trade
Direction: Long
Order Type : Market
Market Price: 1,0735
Stops: None
Target 1: 1.0880
Target 2: 1.1020
Target 3: 1.1120
  • #1,223,348
  • Feb 5, 2024 3:21pm Feb 5, 2024 3:21pm
Quoting aahmad29
February 05, 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...
Sell Stop triggered and hit both TP1 and TP2
Love for all; Hatred for none.
  • #1,223,349
  • Feb 5, 2024 4:14pm Feb 5, 2024 4:14pm
Quoting aahmad29
{quote} Sell Stop triggered and hit both TP1 and TP2

February 06, 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

Inserted Video
Love for all; Hatred for none.
  • #1,223,350
  • Feb 6, 2024 12:24am Feb 6, 2024 12:24am
Quoting SirMcPip
Date: 02/05/2024 Time GMT: 5:17 pm Market: EUR/USD Current Price(Dukascopy Bank SA): 1.0735 Major Trend (Monthly): Long Type of Trade: Swing Trade Direction: Long Order Type : Market Market Price: 1,0735 Stops: None Target 1: 1.0880 Target 2: 1.1020 Target 3: 1.1120
Trade Update:

Buy Zone for this trade remains 1,0740-10
Manage your stops and entries accordingly. First intermediate target in the bigger picture 1.1500. No further trade updates.
  • #1,223,351
  • Feb 6, 2024 12:55am Feb 6, 2024 12:55am
DXY at resistance
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 3E506B0E-0E0C-410C-B39F-3A9990A76938.png Size: 41 KB
ex nihilo
  • #1,223,352
  • Feb 6, 2024 1:26am Feb 6, 2024 1:26am
DXY reached RES. If you are late, wait for the pullback.. My Bias for the day on EURUSD is Bullish.. Goodluck
  • #1,223,353
  • Feb 6, 2024 3:57am Feb 6, 2024 3:57am
Next support target :
Attached Image (click to enlarge)
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  • #1,223,354
  • Feb 6, 2024 5:17am Feb 6, 2024 5:17am
it is time to take long position step by step first long at current price 1.0725.
Tp 1.078x
  • #1,223,355
  • Feb 6, 2024 7:44am Feb 6, 2024 7:44am
Quoting 7154Superman
{quote} 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...
Last night before I went to bed, I closed some EUR/USD longs and added shorts. I had 3 longs and 2 shorts running while sleeping. I woke up with price testing yesterday's low. Now running with 5 longs and 1 short. Hoping for a rise back to 1.08+
I'm tired and not feeling well this morning. Back to sleep

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

#1 Live $165.66 (+65.66%) (25 trading days)
#4 Live $154.88 (+54.88%) (15 trading days)
#7 Live $149.43 (+49.43%) (17 trading days)
#8 Live $148.99 (+48.99%) (6 trading days)
#2 Live $146.72 (+46.72%) (19 trading days)
#6 Live $133.92 (+33.92%) (14 trading days)
#9 Live $108.06 (+8.06%) (2 trading days)
#3 Live $102.32 (+2.32%) (17 trading days)
#5 Live $82.95 (-17.05%) (15 trading days)

Combined results for live accounts:
Deposit = $900.00
Net Equity = $1,192.93
Profit +$292.93 (+32.55%) (2-25 trading days)

#9 Demo $176,595 (+76.60%) (10 trading days)
#8 Demo $129,103 (+29.10%) (23 trading days)

Combined results for demo accounts:
Deposit = $200,000
Net Equity = $305,698
Profit = $105,698 (+52.85%) (10-23 trading days)

Overall equivalent results of Live and Demo accounts combined (Demo up to $200k + Live %)
Deposit = $1,100,000
Net Equity = $2,691,558
Profit = $1,591,558 (+144.69%) (10-50 trading days)

Average 26.18 trading days per account (Demo + Live combined)
Average +3.48% ROI per trading day compounded.
You cannot fail if you never give up.
  • #1,223,356
  • Feb 6, 2024 2:19pm Feb 6, 2024 2:19pm
Quoting aahmad29
{quote} February 06, 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...
Buy Stop triggered and hit both TP1 and TP2

Sell Stop triggered and hit TP1 and SL moved to BE but then SL hit at BE
Love for all; Hatred for none.
  • #1,223,357
  • Feb 6, 2024 4:54pm Feb 6, 2024 4:54pm
Quoting aahmad29
{quote} Buy Stop triggered and hit both TP1 and TP2 Sell Stop triggered and hit TP1 and SL moved to BE but then SL hit at BE
February 07, 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

Inserted Video
Love for all; Hatred for none.
  • #1,223,358
  • Feb 7, 2024 3:33pm Feb 7, 2024 3:33pm
Quoting aahmad29
{quote} February 07, 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...
Buy stop triggered and hit both TP1 and TP2
Love for all; Hatred for none.
  • #1,223,359
  • Feb 7, 2024 3:41pm Feb 7, 2024 3:41pm
Quoting aahmad29
{quote} Buy stop triggered and hit both TP1 and TP2
February 08, 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

Inserted Video
Love for all; Hatred for none.
  • #1,223,360
  • Edited 9:01pm Feb 8, 2024 8:40am | Edited 9:01pm
Quoting 7154Superman
{quote} Last night before I went to bed, I closed some EUR/USD longs and added shorts. I had 3 longs and 2 shorts running while sleeping. I woke up with price testing yesterday's low. Now running with 5 longs and 1 short. Hoping for a rise back to 1.08+ I'm tired and not feeling well this morning. Back to sleep Live accounts start with $100 and Demo $100k. Current Net Equity results from best to worst: #1 Live $165.66 (+65.66%) (25 trading days) #4 Live $154.88 (+54.88%) (15 trading days) #7 Live $149.43 (+49.43%) (17 trading days) #8...
So, I woke up this morning to see EUR/USD price down to 1.0743 area, and closed some shorts with good profit, and added longs.
Yesterday, I was left with short drawdown. I did manage to scalp some both ways.
At this point, I have 3 long and 3 short positions.

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

#4 Live $173.14 (+73.14%) (17 trading days)
#1 Live $165.66 (+65.66%) (27 trading days)
#7 Live $158.89 (+58.89%) (19 trading days)
#8 Live $149.94 (+49.94%) (8 trading days)
#2 Live $146.53 (+46.53%) (21 trading days)
#6 Live $128.35 (+28.35%) (16 trading days)
#9 Live $111.59 (+11.59%) (4 trading days)
#3 Live $98.45 (-1.55%) (19 trading days)
#5 Live $93.36 (-6.64%) (17 trading days)

Combined results for live accounts:
Deposit = $900.00
Net Equity = $1,225.91
Profit +$325.91 (+36.21%) (4-27 trading days)

#9 Demo $191,948 (+91.95%) (12 trading days)
#8 Demo $181,757 (+81.76%) (25 trading days)

Combined results for demo accounts:
Deposit = $200,000
Net Equity = $373,705
Profit = $173,705 (+86.85%) (12-25 trading days)

Overall equivalent results of Live and Demo accounts combined (11 demo accounts up to $200k + Live %)
Deposit = $1,100,000
Net Equity = $2,825,525
Profit = $1,725,525 (+156.87%) (12-52 trading days)

Average 28.18 trading days per account (11 Demo + Live accounts combined)
Average +3.40% ROI per trading day compounded.
You cannot fail if you never give up.
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