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  • #2,861
  • Feb 14, 2024 1:45am Feb 14, 2024 1:45am
Quoting PatienceFx
{quote} ADX above 20 level means trending {image}
and awesome tells me where the next usd move is sitting
Attached Image (click to enlarge)
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  • #2,862
  • Feb 14, 2024 3:20am Feb 14, 2024 3:20am
Quoting PatienceFx
Who will tell me the meaning of this chart, Forget direction ( hint) {image}
The price was rejected 2 times by SMA200.

The direction of this diagram is south.
  • #2,863
  • Edited 4:32am Feb 14, 2024 4:17am | Edited 4:32am
Like this
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  • #2,864
  • Edited 7:03am Feb 14, 2024 6:21am | Edited 7:03am
Quoting PatienceFx
Like this {image} {image}
And now, without interpreting any forecast from the calendar for the US data that will be published tomorow on TE:
Chart H1:
-US500 increases
-US 30 is getting ready to drop
-USDJPY is getting ready to fall
-USDX made a downward divergence.

Question: will eurusd grow?
  • #2,865
  • Feb 14, 2024 7:44am Feb 14, 2024 7:44am
Quoting Gelubrin
{quote} And now, without interpreting any forecast from the calendar for the US data that will be published tomorow on TE: Chart H1: -US500 increases -US 30 is getting ready to drop -USDJPY is getting ready to fall -USDX made a downward divergence. Question: will eurusd grow?
Arrange calendar like this
Attached Image (click to enlarge)
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  • #2,866
  • Feb 14, 2024 7:48am Feb 14, 2024 7:48am
Quoting Gelubrin
{quote} And now, without interpreting any forecast from the calendar for the US data that will be published tomorow on TE: Chart H1: -US500 increases -US 30 is getting ready to drop -USDJPY is getting ready to fall -USDX made a downward divergence. Question: will eurusd grow?
Use fibonaci numbers in macd
  • #2,867
  • Feb 14, 2024 7:52am Feb 14, 2024 7:52am
Knowledge grows when you share it because then we use the concept of agriculture

In agriculture a farmer used to share pesticides with all his neighbours because then his own farm will remain safe lmao

I cannot trade forex on real account because transferring money from India for purpose of trading forex is banned and the law comes under foreign exchange management act which has very heavy penalties
  • #2,868
  • Feb 14, 2024 8:01am Feb 14, 2024 8:01am
Quoting PatienceFx
{quote} Arrange calendar like this {image}
This means trade only when there is a decent trade ignore market noise
  • #2,869
  • Feb 14, 2024 8:03am Feb 14, 2024 8:03am
Quoting PatienceFx
{quote} Use fibonaci numbers in macd
Find the reason for this divergence why is it developing
Attached Image (click to enlarge)
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  • #2,870
  • Feb 14, 2024 11:59am Feb 14, 2024 11:59am
I suggest today's high in this range of 1.0735, then we could see a spinning top on EUR/USD daily chart tomorrow, peaking at around 1.077, then close the week around 1.06 - 1.065.
After that, more consolidation between 1.06 and 1.08 would make sense for a few more weeks before further downside.
You cannot fail if you never give up.
  • #2,871
  • Feb 14, 2024 12:05pm Feb 14, 2024 12:05pm
Quoting PatienceFx
{quote} Find the reason for this divergence why is it developing {image}
Attached Image (click to enlarge)
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  • #2,872
  • Feb 14, 2024 7:41pm Feb 14, 2024 7:41pm
Quoting 7154Superman
{quote} I didn't have the chance to prepare for, or trade the CPI news because of driving through a snowstorm in my area. But I was fortunate because I was net short with 1 long and 4 short positions when CPI news hit and EUR/USD price dropped like a stone. I got in late, closed all shorts and scalped a few more longs and shorts with good profit. Currently, I have 1 short and 2 long positions. Need to take a nap now. My last (#9) demo account has now reached +100%. I replaced it with #11 Live account...
So, today was kind of a non-descript trading day for me. I was driving this morning, then was too tired to focus much on trading. I did manage to scalp a few along the way.
Currently, I have 2 long and 4 short positions on EUR/USD.
For tomorrow, I expect volatility both ways. But I have taxi driving to do all day, so I might not be able to take good advantage of price action.

All 11 demo accounts are finished at +100% ROI.
All live accounts started with $100.
Current Net Equity results from best to worst:

#4 Live $173.14 (+73.14%) (21 trading days)
#7 Live $165.86 (+65.86%) (20 trading days)
#1 Live $165.66 (+65.66%) (31 trading days)
#2 Live $165.17 (+65.17%) (25 trading days)
#8 Live $158.51 (+58.51%) (12 trading days)
#6 Live $148.55 (+48.55%) (20 trading days)
#9 Live $139.47 (+39.47%) (8 trading days)
#5 Live $120.45 (+20.45%) (21 trading days)
#3 Live $111.82 (+11.82%) (23 trading days)
#11 Live $101.00 (+1.00%) (2 trading days)
#10 Live $100.17 (+0.17%) (5 trading days)

Combined results for live accounts:
Deposit = $1,100.00
Net Equity = $1,549.80
Profit +$449.80 (+40.89%) (2-31 trading days)

Overall equivalent results of Live and Demo accounts combined (11 demo accounts @ $200k each + Live %)
Deposit = $1,100,000
Net Equity = $3,099,600
Profit = $1,999,600 (+181.78%) (16-56 trading days)

Average 32.18 trading days per account (11 Demo + Live accounts combined)
Average +3.27% ROI per trading day (+17.45% per week) compounded.
You cannot fail if you never give up.
  • #2,873
  • Feb 14, 2024 10:30pm Feb 14, 2024 10:30pm
Indicators react to price, they do not predict price

so what should be my next trade here
Attached Image (click to enlarge)
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  • #2,874
  • Feb 14, 2024 11:32pm Feb 14, 2024 11:32pm
Quoting Gelubrin
{quote} In other words: long, medium or short term trend. When all 3 are aligned, it shows us the direction in which to go with greater chances of success. The divergences formed but also the interpretation in advance of the data that will be published in the calendar are very important.
correct
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  • #2,875
  • Feb 15, 2024 12:11am Feb 15, 2024 12:11am
Quoting PatienceFx
Indicators react to price, they do not predict price so what should be my next trade here {image}
Buy
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  • #2,876
  • Feb 15, 2024 12:27am Feb 15, 2024 12:27am
Quoting Gelubrin
{quote} Buy {image}
Attached Image (click to enlarge)
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  • #2,877
  • Feb 15, 2024 12:43am Feb 15, 2024 12:43am
on purpose i used 0.01 lot

because price is below h1 100 & 200 sma, meaning bearish and macd also is not very encouraging
Attached Image (click to enlarge)
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  • #2,878
  • Feb 15, 2024 1:56am Feb 15, 2024 1:56am
Quoting PatienceFx
on purpose i used 0.01 lot because price is below h1 100 & 200 sma, meaning bearish and macd also is not very encouraging {image}
like a gun recoil, target hit n drop
Attached Image (click to enlarge)
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  • #2,879
  • Feb 15, 2024 6:12am Feb 15, 2024 6:12am
so what do i do next
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  • #2,880
  • Feb 15, 2024 6:34am Feb 15, 2024 6:34am
Quoting PatienceFx
so what do i do next {image}
Attached Image (click to enlarge)
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