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Highs and lows of previous 4 months and 4 weeks

  • #21
  • Mar 2, 2024 10:31am Mar 2, 2024 10:31am
Quoting josi
{quote} If you don't understand that you need no empirical evidence in a logical argument, then you don't understand that your answer to my post was inconsequential. All the best
I am very sorry, but it seems like it's you who doesn't understand logic and reality.
A logical argument can be valid, but that doesn't mean that it represents reality.
A logical argument must be sound in order to be accepted as representing reality, and that requires empirical evidence.
So, you can use valid logical arguments to sell any BS you want, but if they can't be shown to be sound, that's all they are - !
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #22
  • Mar 2, 2024 10:42am Mar 2, 2024 10:42am
Quoting RaviKiran
{quote} Ok sir
Ravi, thank you for sharing your demo account details.
I am studying your trades, the ones using the levels, and what I see is just horrifying.
This is total BS what you are doing.
If you keep doing this, you will be crying once again, because you are, for sure, going to lose your money!
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #23
  • Mar 2, 2024 10:54am Mar 2, 2024 10:54am
Hi Sir,
As you are a coder, what do you think, of this trade of mine.EUR/AUD

We should not buy near highs and we have only to sell..
But, I have gone long. YES?

There is a point, as to why...you will figure out only on monday.
Next, as it was closing of the entire week, I went short in GBP/USD.... could be valid, because price is near the highs.

Amatures will be buying near the lows, which I did not do in this case. There is a reason. you will see on monday open
GBP/USD will crash down and EUR/AUD will shoot up on open.

you will figure it out...
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Ravi Kiran T V
  • #24
  • Mar 2, 2024 10:57am Mar 2, 2024 10:57am
Quoting BestTraderEv
{quote} Ravi, thank you for sharing your demo account details. I am studying your trades, the ones using the levels, and what I see is just horrifying. This is total BS what you are doing. If you keep doing this, you will be crying once again, because you are, for sure, going to lose your money!
And yes, the significant change can be sited only a few trades before the close of this week.
Now on it will be even more perfect. just keep watching.
Good night sir
Ravi Kiran T V
  • #25
  • Edited 3:34pm Mar 2, 2024 1:15pm | Edited 3:34pm
Quoting RaviKiran
Hi Sir, As you are a coder, what do you think, of this trade of mine.EUR/AUD We should not buy near highs and we have only to sell.. But, I have gone long. YES? There is a point, as to why...you will figure out only on monday. Next, as it was closing of the entire week, I went short in GBP/USD.... could be valid, because price is near the highs. Amatures will be buying near the lows, which I did not do in this case. There is a reason. you will see on monday open GBP/USD will crash down and EUR/AUD will shoot up on open. you will figure it out......
If you are asking...:
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I can see the previous trade.
No logic, no consistency.
No Stop Loss!!!

Why did you close the previous trade?
Why didn't you close it when it was well in profit?
What's the closing logic?
Why did you enter the second one?
Why didn't you place a Stop Loss?
Why did you exit the second trade so quickly?
What's the closing logic?

BTW, since you are talking about not selling at lows - why did you sell the first one so low?
And, why didn't you sell it high?

Your "logic" seems to contradict itself.
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #26
  • Mar 4, 2024 4:46am Mar 4, 2024 4:46am
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Ravi, let's face the trurth!

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.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #27
  • Mar 4, 2024 5:00am Mar 4, 2024 5:00am
What happened to my test trade?
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Well, first I had another chart instance of AUDUSD with my MM EA.
And I completely forgat about this.
My EA automatically closes all trades which weren't opened by the EA, when it's working on that symbol.
So, as soon as the market opened, my EA closed this trade.

As we can see:
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the Stop Loss was @ 0.65205 and the Low of the candle after the trade was closed is also exactly 0.65205,
which means that my Stop Loss would have been taken out.
Also, the price never reached the TP, so if my EA hadn't closed the minimal loss, the trade would be hanging like Ravi's trades.

Ravi, what you are doing isn't trading.
It's called WISHING !
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #28
  • Mar 4, 2024 8:11am Mar 4, 2024 8:11am
yes
i lost almost 500 USD today
It is wrong sir.

Can u please guide sir.
My sincere request.
pls

by some fluke , I think I got over a few succesfull trades, nothing more
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Ravi Kiran T V
  • #29
  • Mar 4, 2024 9:53am Mar 4, 2024 9:53am
a small recovery seen in ac
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Ravi Kiran T V
  • #30
  • Mar 4, 2024 10:52am Mar 4, 2024 10:52am
Quoting RaviKiran
a small recovery seen in ac {image}
That's exactly what you're doing wrong!
Big losses vs. small gains.
You are doing what 99% of people do.
And that's why only 1% make the big money.

Another thing that you're doing wrong, like 99%, is that you are looking for some magic levels, or any other chart behaviour rules.
Notice, that you said in the beginign that you are trading those levels.
In reality, when we look at your trades, you are doing whatever you like, not following any rules.
When your positions are showing a loss, you want to make them profit - thus you can't accept losses.

You need to go to some Guru and discover your true inner self.
You need to kill your Ego.
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #31
  • Mar 4, 2024 11:05am Mar 4, 2024 11:05am
GBPUSD

1. Price was strong bullish,
2. Price broke Red level up,
3. Price was going towards retest of Red Level,

Question:
Why did you Sell and not Buy on bounce up?
What was your rule by which you decided to Sell?

Please answer.
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #32
  • Mar 4, 2024 12:24pm Mar 4, 2024 12:24pm
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You still think that's the way to make money???

You have a very good base - the indicator is in fact a very good base.
However, the indicator can not make money for you!
You must trade Price Action - not your opinions!
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #33
  • Mar 5, 2024 2:44am Mar 5, 2024 2:44am
So I just bought on gold, took partial profit and placed break even, where would you be selling exactly? drawdown? stop loss?
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  • #34
  • Mar 5, 2024 3:16am Mar 5, 2024 3:16am
Quoting lain7123
So I just bought on gold, took partial profit and placed break even, where would you be selling exactly? drawdown? stop loss? {image} {image}
Hey bro,
I myself am still in TF mode(TRY- FAIL) MODE

U HAVE TO FIND the right strategy to this yet
Ravi Kiran T V
  • #35
  • Edited 7:48am Mar 5, 2024 7:03am | Edited 7:48am
Quoting lain7123
So I just bought on gold, took partial profit and placed break even, where would you be selling exactly? drawdown? stop loss? {image} {image}
You and Ravi, you guys have a lot to learn, and I mean a very lot!
You need to lokk at the big picture first, understand what's going on.
You are looking for small opportunities on M5, M1, and that's very difficult if you don't see the big picture.
Selling GOLD now?
Yes, why not? But only for midterm or longterm investors who don't care about 10 pips, or even 500 pips!
The way you guys are doing this, most likely with high leverage, is a straight way to failure.
I've seen people losing huge money for years doing what you are doing.
They can double or triple the account in 3 days, and then broke the account in a few more days.
And they never learn, for many years they do the same thing.
For GOLD, going against a strong trend is suicide.
On the other hand, when GOLD is at All Times Highs and there is no signs of Sellers taking over - well, basically we should stay away.
Why stay away?
Because we can't buy low any more, we can't buy cheap.
On the other hand, we don't know if the price is already high enough to sell.
So, WTF are you guys doing?
Playing Russian Roulette?

IOW, if you wanted to Sell GOLD now, your Stop Loss needs to be there:
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And then you can go down to H1, for example, and see if there are any signs of Sellers taking over.
If not, then don't Sell!!!
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #36
  • Mar 5, 2024 7:44am Mar 5, 2024 7:44am
I think, I am becoming the teacher's pet
Well, I got into a system, where in there is AHA moment and will not jump to another strategy, if it does not work !
I am done with Try & Fail.....really tired !
See, this trade and I am going to follow this from now on !
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Ravi Kiran T V
  • #37
  • Mar 5, 2024 9:35am Mar 5, 2024 9:35am
Quoting RaviKiran
I think, I am becoming the teacher's pet Well, I got into a system, where in there is AHA moment and will not jump to another strategy, if it does not work ! I am done with Try & Fail.....really tired ! See, this trade and I am going to follow this from now on ! {image}
Ravi, you said a while ago that "my trading has become better".
However, you said that only because you started profiting.
I looked at your trades, because you allowed us to access your demo account.
Your trading never became better!
You kept trading in the same way all the time.
The fact that you started profiting does not mean that your trading became better.
You need to be able to analyse your trades objectively.
You started profiting, but your trading is the same as it always was - chaotic, no rules, just discretional.
And sure, you will be lucky from time to time, and even recover your losses.
Now, that's a demo account, it doesn't hurt to lose play money.
The game changes when you deal with your real money!
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #38
  • Mar 5, 2024 10:43am Mar 5, 2024 10:43am
Inserted Video
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #39
  • Mar 5, 2024 12:40pm Mar 5, 2024 12:40pm
Quoting BestTraderEv
{quote} You and Ravi, you guys have a lot to learn, and I mean a very lot! You need to lokk at the big picture first, understand what's going on. You are looking for small opportunities on M5, M1, and that's very difficult if you don't see the big picture. Selling GOLD now? Yes, why not? But only for midterm or longterm investors who don't care about 10 pips, or even 500 pips! The way you guys are doing this, most likely with high leverage, is a straight way to failure. I've seen people losing huge money for years doing what you are doing. They...
Yeah man I know I have a lot to learn but I didnīt sold there, I bought and I took profit and broke even, went to sleep with risk free trade ended up making another 60 dollars, I was asking ravi if he was looking for sells up there with his lines
  • #40
  • Edited 4:49pm Mar 5, 2024 2:34pm | Edited 4:49pm
Quoting lain7123
{quote} Yeah man I know I have a lot to learn but I didnīt sold there, I bought and I took profit and broke even, went to sleep with risk free trade ended up making another 60 dollars, I was asking ravi if he was looking for sells up there with his lines
You can see what Ravi did, because he has given us access to his demo account.
He did this:
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He paid zero attention to the levels, he just traded without any sense or logic.
Judging from his earlier posts, he decided that the price was high, so he needed to sell.
And, maybe he saw something with volumes?
People see a lot of things and they think they mean something...

And, a while later, all of the sudden, he decided that the price was low??? Because he bought...
That makes no sense at all - I mean what he says vs. what he does, makes no sense.
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
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