Not understand?better not follow my analyses!doubt clearer first, risks ++
- #39,861
- Edited 7:47am Aug 26, 2024 7:14am | Edited 7:47am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
buys around 2514 - 2512...SL not yet set...TP? im feeling greedy today...to hell with a TP 
hopefully price reaches high of the day...i take out partials and leave the rest with a trailing SL...
last trade of the day, first trade was a loss... 
why buys? price went into my 4H POI...so im hoping for a rather impulsive move to the upside...
using the forums as a sort of online journal helps...any insight will be loved...thank you lads!
hopefully price reaches high of the day...i take out partials and leave the rest with a trailing SL...
last trade of the day, first trade was a loss...
why buys? price went into my 4H POI...so im hoping for a rather impulsive move to the upside...
using the forums as a sort of online journal helps...any insight will be loved...thank you lads!
- #39,864
- Aug 26, 2024 8:23am Aug 26, 2024 8:23am
- Joined Dec 2012 | Status: Trader | 4,718 Posts
Bulls big trader target 2553/72
The Average Discount Everything
- #39,866
- Aug 26, 2024 8:51am Aug 26, 2024 8:51am
- Joined Dec 2012 | Status: Trader | 4,718 Posts
The Average Discount Everything
- #39,868
- Edited 9:23am Aug 26, 2024 8:59am | Edited 9:23am
- Joined Dec 2012 | Status: Trader | 4,718 Posts
i give complete chart
R3 = 2572
R2 = 2553
R1 = 2531.62
PIVOT = 2509.65
S1 = 2494.92
S2 = 2476.9
S3 = 2458.44
bulls big trader need breakout more 2517.79 , to make clear signal continuation (inside bar = continuation pattern)
or bulls big trader may be need more liquidity before going up more
R3 = 2572
R2 = 2553
R1 = 2531.62
PIVOT = 2509.65
S1 = 2494.92
S2 = 2476.9
S3 = 2458.44
bulls big trader need breakout more 2517.79 , to make clear signal continuation (inside bar = continuation pattern)
or bulls big trader may be need more liquidity before going up more
The Average Discount Everything
just recovered from 70% loss today and glad still gets daily profitgrowing small account is very tiring ughh I am done for the day.. good luck to you guys cheers
Don't overtrade, aim for 1-3 quality trades a day and your account will grow over time with consistency, one of my role models Warren Buffet spoke about the compounding effect and how he built his whole empire on it, applies to forex too.
1-3 good trades a day is all you want, whatever you recovered from a loss is still considered a win!
Aim for those high quality trades and before you know it you would have caught one of those big market moves! Do NOT try to trade every move up/down - chances of losses are high and your equity might not be able to handle it.
Aim for consistency and be patient, don't overtrade, I assure you your account will grow!
Fate goes ever, as fate must.
- #39,871
- Aug 26, 2024 7:43pm Aug 26, 2024 7:43pm
{quote} My anxiety level are quite high XD I am still lacking in many aspect and I need to work on my basics in this game. Thank you for your input.
I think forex isn't a game or gamble...it is a pure trading business
- #39,872
- Aug 26, 2024 7:49pm Aug 26, 2024 7:49pm
{quote} Forex, or foreign exchange, is the global trading of currencies and currency derivatives. It's the world's largest financial market, with a daily trade volume of $7.5 trillion, and is open 24 hours a day, 5 days a week, except for weekends I think forex isn't a game or gamble...it is a pure trading business
- #39,873
- Aug 26, 2024 8:58pm Aug 26, 2024 8:58pm
- Joined Nov 2023 | Status: Trader | 2,321 Posts
vankiepsauff@gmail
- #39,877
- Aug 27, 2024 12:29am Aug 27, 2024 12:29am
- | Commercial User | Joined Jul 2013 | 7,890 Posts
We watch the charts from every angle so you don't have to!!
