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Trading EURUSD only 43,756 replies

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  • #2,821
  • Feb 11, 2024 12:05am Feb 11, 2024 12:05am
Quoting 7154Superman
{quote} See, the key here is not the lot size, it's the win rate. You have to win more than you lose to grow. It doesn't matter what the lot size or leverage is. Now, I understand that higher lots/leverage will cause more account balance fluctuation IF you make mistakes. If you make too many mistakes, then, yes, smaller lot size is better to avoid blowing your account. But when your win rate improves, so can your lot size improve, and you get rich faster. If you end up losing more than winning, then it's pointless to trade with real money. That's...
I Am not able to sit on a chair infront of a pc, body is too weak for that
  • #2,822
  • Feb 11, 2024 1:32am Feb 11, 2024 1:32am
Quoting PatienceFx
{quote} I Am not able to sit on a chair infront of a pc, body is too weak for that
You are an extraordinary man, my friend. I read the first 50 pages of this thread in 3 nights. On page 30, almost no one participated in the discussions, and the thread seemed to have no continuity without the participants. As soon as I finished reading then, I started posting to learn more from you. It was a contradiction, you had around 400 subscribers and too few communicated. I found the thread very interesting from the beginning. I noticed then the value of the information contained. We just have to be patient to understand them and to always perfect our method. At the same time, we had the opportunity to talk with a millionaire man with a soul.
May God give you good health!
  • #2,823
  • Feb 11, 2024 5:36am Feb 11, 2024 5:36am
Quoting PatienceFx
{quote} I Am not able to sit on a chair infront of a pc, body is too weak for that
Your focus is definitely not weak. I find you inspiring.
  • #2,824
  • Feb 11, 2024 8:30am Feb 11, 2024 8:30am
Quoting 7154Superman
{quote} Another interesting day. Lots of scalping done both ways on EUR/USD with good profit. At this point, I have 7 shorts on EUR/USD. The plan is to hold them through the weekend. My gut tells me there is a good possibility for a gap down before market open and target 1.06 or lower next week. But I may be wrong. Don't follow me blindly. I will update my Trade Explorer sometime this weekend. Live accounts start with $100 and Demo $100k. Current Net Equity results from best to worst: #4 Live $173.14 (+73.14%) (18 trading days) #1 Live $165.66 (+65.66%)...
My Trade Explorer is updated. I have 10 live accounts and 1 demo. But I can only display 8 Trade Explorers. So, I displayed the live accounts with the best results.
You cannot fail if you never give up.
  • #2,825
  • Feb 11, 2024 8:38am Feb 11, 2024 8:38am
Quoting charlienoble
{quote} Your focus is definitely not weak. I find you inspiring.
i have PPMS with 60% permanent disability, on catheter support since 2002, confined to a bed.

but the best thing that happened to me is that i started looking for online solutions to keep my mind sharp and occupied.

i keep sharing ideas with friends so that they benefit n grow.
Attached Image (click to enlarge)
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  • #2,826
  • Feb 11, 2024 8:44am Feb 11, 2024 8:44am
Inflation data this week will keep Euro USD active

Depending on the data it will be decided if rate cut starts in month of May
Attached Image (click to enlarge)
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  • #2,827
  • Edited 9:25am Feb 11, 2024 8:57am | Edited 9:25am
Quoting PatienceFx
{quote} I purchased 1000 btc in 2009 @ USD$0.009 each and squared off in 2021 @60k USD each Investment for me comes naturally In 2009 I was working as a signal provider on zulutrade , trading purely on demo and getting paid commission per trade in USD So my initial investment in btc was zero , out of thin air Reaching 928 billion INR today I am now invested in SBI PSU direct growth mutual fund which averages 94% cagr
Wow, that's super amazing to see.
A couple things I don't understand. Now you say 928 "billion". Not million? What is INR? Sorry for my ignorance.
94% ROI per year is excellent for that amount of money.
In 2020, I met a young guy living in my area (27 or 28 years old at the time) who had also got rich off Bitcoin from $13,000 to $2 Million from 2012 to 2017, and last we talked in 2022, he had possibly over $50 million personal net worth (my estimate, he did not say) and he said he owned a crypto trading company worth about $900 Million of investor funds. In 2021, he said his personal net worth grew 8x in 2020. And the investors in his company made about 3x if they were in since the beginning of 2020. He had a lot of new investors coming in that year too, which is a big reason why his company grew so fast. He was a good influence and encouragement to me to help me keep trying when I was going through losing cycles in Forex. He was also a "natural" at investing. But he stopped talking to me in 2022. I don't know what's up with him now.
In 2012, I came across Bitcoin and bought like 1 Bitcoin for $100 worth or so, but ended up feeling like it's too risky and sold it for no profit. Now it would be worth $47,000. I never had that much money in my life. LoL
You cannot fail if you never give up.
  • #2,828
  • Feb 11, 2024 9:02am Feb 11, 2024 9:02am
Quoting PatienceFx
{quote} I Am not able to sit on a chair infront of a pc, body is too weak for that
Sorry to hear that. I don't have a PC. I just use 2 smartphones and lay back in a recliner while trading.
You cannot fail if you never give up.
  • #2,829
  • Edited 9:33am Feb 11, 2024 9:08am | Edited 9:33am
Quoting PatienceFx
{quote} i have PPMS with 60% permanent disability, on catheter support since 2002, confined to a bed. but the best thing that happened to me is that i started looking for online solutions to keep my mind sharp and occupied. i keep sharing ideas with friends so that they benefit n grow. {image}
Google says INR is Indian Rupee. 928 billion INR is worth $11.1 Billion USD today. Do I have this right? If so, that's amazing! Congratulations!
But reading about your physical condition...
Man, I can see that money is just temporary and cannot solve everything. We cannot take it with us when we die. So, it behooves us to do all we can to enjoy it in this life and to help other people with it while we still can.
And then there is the commandment Jesus gave the rich man to answer his question on how to inherit the kingdom of heaven. "Go and sell all you have, give the money to the poor, and come follow Me."
And He also said, "It is easier for a camel to enter the eye of a needle than for a rich man to inherit the kingdom of heaven."
And his disciples were astonished and said, " Who then can be saved?!" Jesus said, "With man, this is impossible, but with God, all things are possible."
Take note that the "eye of a needle" was a tiny entrance into a city wall beside the main gate for the people to go through at night once the main gate was closed. It was just big enough for 1 person to pass through. For a camel to go through it, it would have kneel down, and crawl through it on its knees.
Well, as you know, camels are very proud creatures, and they absolute HATE to go down on their knees, let alone crawl on their knees. Did you ever see a camel's reaction when its master would hit its knees to make it kneel? Oh, it gets angry and huffs viciously!
Now, it is possible to get that camel to go through the eye of a needle. The only way, though, is to bait it with food. And since camels can hold many days worth of food in their bellies, it will only work if it's completely empty.
Now compare that to a popular rich man, and how easy (or hard) it is for that rich man to kneel down and give up everything he has worked for all his life, and allow himself to become penniless, then go and follow Jesus Christ, preach the gospel to the masses like a fool, and live like a homeless beggar with no place to lay his head, and also get persecuted and hated, and possibly killed in the process for the sake of Jesus Christ, in order to inherit the kingdom of heaven. Near impossible!!
You cannot fail if you never give up.
  • #2,830
  • Feb 11, 2024 10:15am Feb 11, 2024 10:15am
Andvk74 showed the following chart for EUR/USD for the weekend.
Attached Image (click to enlarge)
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But on Xe.com, I see the following chart.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20240211-130649.png Size: 41 KB

Here, you can see price went sideways and slightly down over the weekend, not up. So, who is right? I have never see Xe.com being wrong. It has always matched Oanda price when market opened.
You cannot fail if you never give up.
  • #2,831
  • Feb 11, 2024 8:38pm Feb 11, 2024 8:38pm
h1 pivot chart

h1 sma chart
Attached Image(s) (click to enlarge)
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  • #2,832
  • Feb 11, 2024 8:43pm Feb 11, 2024 8:43pm
+100 is 2023 high
+0 is 2023 Low
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDWeekly.png Size: 23 KB
  • #2,833
  • Feb 11, 2024 8:44pm Feb 11, 2024 8:44pm
Quoting PatienceFx
+100 is 2023 high +0 is 2023 Low {image}
so daily macd has 764 as support
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 19 KB
  • #2,834
  • Feb 11, 2024 8:58pm Feb 11, 2024 8:58pm
41 pips below daily 20 sma
Attached Image (click to enlarge)
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  • #2,835
  • Feb 11, 2024 9:01pm Feb 11, 2024 9:01pm
Quoting PatienceFx
41 pips below daily 20 sma {image}
i have already posted how to use macd like this on chart, find the link and add it here for others please , thank you
  • #2,836
  • Feb 11, 2024 9:06pm Feb 11, 2024 9:06pm
Quoting PatienceFx
{quote} i have already posted how to use macd like this on chart, find the link and add it here for others please , thank you
it will just make reading m15 charts a little easy
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 24 KB
  • #2,837
  • Feb 11, 2024 9:17pm Feb 11, 2024 9:17pm
ignore this flood
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: EURUSDH1.png Size: 18 KB
Click to Enlarge Name: EURUSDH4.png Size: 20 KB
Click to Enlarge Name: EURUSDM5.png Size: 20 KB
Click to Enlarge Name: EURUSDM15.png Size: 19 KB
Click to Enlarge Name: EURUSDM30.png Size: 19 KB
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  • #2,838
  • Feb 11, 2024 9:34pm Feb 11, 2024 9:34pm
general rule

macd above 0 level, price bullish
rsi abovr 50 level price bullish

practice on 5 minute chart with 0.01 lot size , even during news release
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 17 KB
  • #2,839
  • Feb 12, 2024 12:27am Feb 12, 2024 12:27am
Quoting PatienceFx
general rule macd above 0 level, price bullish rsi abovr 50 level price bullish practice on 5 minute chart with 0.01 lot size , even during news release {image}
Bang On
  • #2,840
  • Feb 12, 2024 12:29am Feb 12, 2024 12:29am
Last week candle had a tail

So this week I will buy the week open price and wait for the inflation rate decision
Attached Image (click to enlarge)
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