I predict that one day in the future my 9 & 22 EMAs on my 2 minute chart will cross
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Disliked{quote} Welcome to the club. That's why you can only say you have a winning strategy after forward-testing it for months with hundreds of trades as a sample, that would include very bad trading conditions for your system (and way to survive it). That includes a detailed strategy for every outcome, including position sizing, timing, stop loss (R) optimization and so on. It's a lot of boring work. Not to mention that market changes over time, thus you have to adapt your SL/TP on monthly (or 100 trade sample) basis, especially if you do daytrading...Ignored
Disliked{quote} To become a seller, we need to look deeply at the rejection. Once rejection happens, it could be a probability. Valid or fake? Need confirmations. Waiting is the BEST method. It depends, on how long it will happen. Don't just enter for it. I'm still waiting for it, but at the same time, I have work to do. Trade safe {image} {image}Ignored
Disliked{quote} Sl for open position changed to 2760.50 ------------------------ add short at 2757.50 Sl : 2760.50 Tp : 2752 -----------------------Ignored
DislikedReally crazy bullishness. I mean look at the daily/monthly chart. It doesn’t even look very healthy. No worth mentioning retracement nothing. The Candles are shooting up every day and every day. I know that the trend is bullish, but we are speaking about a change of more than 30% + from january. It has to come down at some point, but when and how much is the question. Will we ever see numbers like 2400-2100 again in the near future? I doubt it alot atm…Ignored
Disliked{quote} don't rush take your time, avoid the fomo, don't over extend your leverage, have a fixed acc % to risk on every trade, have clear and fixed SL, and most importantly have a plan that works for some time, tested in a demo acc and probably (not sure if it's the case) stop trading lower TF's until you at least make some money consistently best of luck, don't give up, but also stop doing what your doingIgnored
DislikedSo I've closed my shorts at support. Opened a long "as I'm supposed to". What is the betting that I'm now buying into a down trend?Ignored
Disliked{quote} My strategy is based on time. I got the correction quite precisley. This short has been a bit more dificult. The Next long on 28th will be easier, in fact it is 29th. I managed to work out yesterday was to be a high. It came 2 hours before the end of the day (22nd). If Tuesday is a low, after the bounce expect it to have changed trend to the downside. {image}Ignored
Disliked{quote} Thanks mate. Just gutted it nearly hit my TP and just reversed to the upside. Literally just a whisker awayIgnored
Dislikedcould be decent support at 2748. A lot of buyig in this down move {image}Ignored
Disliked{quote} I get the impression you have sells low down. You’re not alone!Ignored
Disliked{quote} yeah, that really messed with my head. I had too many winning trades in the last two weeks which turn losers and it all blow up in my face because I was trying that. It made me start doubting myself.Ignored