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Trading correlation pairs by using the other pairs 814 replies

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New Cable Thread & Other Pairs

the reading of HH HL, LH LL is very important on H1, H4 and daily im watching
H1 does not have its biggest reading of 48 yet on the gold zigzag which is a 48 hr reading
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Quoting ianlikesgolf
I really like and agree with what he said, i also use the MA channel as part of my setup my lesson learned , use the daily reading and stay in the trade. up 3.6% so far, see how the trade plays out. What I Learned Today By Jake Bernstein Tuesday 19 July 2011 1:52 PM PT 2011 Jake Bernstein Shut out the noise! Today was just another one of those days where a trader needs to learn how to put on earmuffs and stop listening to the superfluous noise, opinions, forecasts, and recommendations touted by "experts" in the media. We need to constantly...
Beautiful piece and so true but only experience and dedication can make one know this to be true.
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
Quoting martinez1
{quote} Beautiful piece and so true but only experience and dedication can make one know this to be true.
Yes thank you for sharing.
Im on that journey knowing it to be true. more experience and dedication needed along the way.
This trade is closed now at 10% profit.
I only was involved in this trade.

https://trade-futures.com/learned_to...s_today_2.html
I like Jake. He is a good trader and teacher.
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Quoting ianlikesgolf
{quote} Yes thank you for sharing. Im on that journey knowing it to be true. more experience and dedication needed along the way. This trade is closed now at 10% profit. I only was involved in this trade. https://trade-futures.com/learned_to...s_today_2.html I like Jake. He is a good trader and teacher. {image}
Good call, I joined this morning for a pivot scalp, red news soon,
'In the clearing stands a boxer And a fighter by his trade..'
  • #11,385
  • Quote
  • Edited 11:16pm Feb 6, 2025 7:20am | Edited 11:16pm
GU the gold zigzag came on H1 after I exited.
lesson for next trade wait for it before I exit is correct if the PA is behaving correctly to get the 48 hr reading.
Also on H4 with the fibs. PA usually goes from Fib 38.2 to 61.8 as it has just done here. (2nd chart)
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Quoting GOR
{quote} Good call, I joined this morning for a pivot scalp, red news soon,
Im glad I was in good company.
H4 EU
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Hey guys ------ any of you who have been on zoom with me knows how i trade. Bakker has started a thread and you will remember this is how i trade ( and itsa big money maker) so it will be worth your while to look at his thread from time to time... the missing part is the target..... You HAVE to have a target to trade to and again if you been on zoom with me you know how to find em

Anywhoo as i am not around much for the time being this is his thread

https://www.forexfactory.com/thread/...ding-explained?
I am Looking For Buys, On USDJPY
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Blink.
Any Thoughts On This..
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Blink.
is anyone waiting for at least 50% in order to find buy entry?
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https://www.blackjackapprenticeship....rs-watch-page/
https://www.youtube.com/live/exO0paRESbU
  • #11,395
  • Quote
  • Edited 7:17pm Mar 13, 2025 5:11pm | Edited 7:17pm
SOMETHING TO PONDER IF YOU ARE LOSING OR BREAKING EVEN OR JUST FUCKINGBORED


1 ....... NEVER BE WILLING TO SELL A MARKET THATs UP ON THE DAY 2 ....... NEVER BE WILLING TO BUY A MARKET THATs DOWN ON THE DAY


SO lets say your go to currency is up or down 35pips when you log-in. Direction dont matter, its either gone up 35 or down 35

Question to yourself ????? mmmmm why thefuck am i trying to go the other way WHY !!!!???? why not go with the flow and use the 35pips as a stop or a few more

Now lets assume the ADR of said pair is 120pips its leaving you with a possible 85pips to capture, not too Shabby eh !! Hell, even 70pips is double your initial risk.

So now lets assume for the purposes of this review that we get TOTALLYFUCKED on the first 10 trades.... OMG = minus 350pips or $350

Now lets assume we only get the next 5 trades right ----- 5 x 85 = 425 or $425 so a net of $75 or if you only took the 70pips then its breakeven

Either way its not a bad result and any pair can turn at any time it dont have to keep going to its ADR. Obviously nothing works out like this over and over but it should give you something to consider if your bored taefuck
Quoting T721
SOMETHING TO PONDER IF YOU ARE LOSING OR BREAKING EVEN OR JUST FUCKINGBORED 1 ....... NEVER BE WILLING TO SELL A MARKET THATs UP ON THE DAY 2 ....... NEVER BE WILLING TO SELL A MARKET THATs DOWN ON THE DAY SO lets say you go to currency is up or down 35pips when you log-in. Direction dont matter, its either gone up 35 or down 35 Question to yourself ????? mmmmm why thefuck am i trying to go the other way WHY !!!!???? why not go with the flow and use the 35pips as a stop...
Mr. Awesome advice. Did you mean to say something else on this one?

NEVER BE WILLING TO SELL A MARKET THATs DOWN ON THE DAY: Did you mean never be willing to sell a market that's up on the day?
Quoting vinesh1
{quote} Mr. Awesome advice. Did you mean to say something else on this one? NEVER BE WILLING TO SELL A MARKET THATs DOWN ON THE DAY: Did you mean never be willing to sell a market that's up on the day?
Thanks Vin, was a typo. had a few too many beers. Meant to say --- Never be willing to buy a market thats down on the day... Duh me lol
will see if i can edit them thanks again
Quoting T721
SOMETHING TO PONDER IF YOU ARE LOSING OR BREAKING EVEN OR JUST FUCKINGBORED 1 ....... NEVER BE WILLING TO SELL A MARKET THATs UP ON THE DAY 2 ....... NEVER BE WILLING TO BUY A MARKET THATs DOWN ON THE DAY SO lets say your go to currency is up or down 35pips when you log-in. Direction dont matter, its either gone up 35 or down 35 Question to yourself ????? mmmmm why thefuck am i trying to go the other way WHY !!!!???? why not go with the flow and use the 35pips as a stop...
Now just add 2 separate Martingales
1 for UP
1 for DOWN
and have some real fun
  • #11,399
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  • Edited 12:44pm Mar 14, 2025 9:11am | Edited 12:44pm
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