Hello canyouu, what do you think of the market direction now?
Is it consolidating or trying to form a bullish move?
Is it consolidating or trying to form a bullish move?
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Disliked{quote} So you now know i don't just type but others to will just teach you what they think is best but not the bestIgnored
Disliked{quote} that exactly how i lost most of my trades . i closed at 40 $ with 0.05 lot and the market kept going like 200 pips in a matter of 5 minutes so i reentered and it went the opposite direction and hit my SL at 300 pips losing 300$ at 0.1 lot . it's my major problem and I'm learing from it bit by bit . i recuperated most of it thanks to you the past 2 days so I'm really greatful to you thanks againIgnored
Disliked{quote} that exactly how i lost most of my trades . i closed at 40 $ with 0.05 lot and the market kept going like 200 pips in a matter of 5 minutes so i reentered and it went the opposite direction and hit my SL at 300 pips losing 300$ at 0.1 lot . it's my major problem and I'm learing from it bit by bit . i recuperated most of it thanks to you the past 2 days so I'm really greatful to you thanks againIgnored
Disliked{quote} There is plenty opportunities per day (specially on gold) to make trades, if you try to take all of them you will just lose, one thing that i found while i was trading manually (not anymore) and made me improve my consistency and profitability was everytime i had a lose i would stop for 20min, even if the charts looked amazing to make another trade, i would just turn off the screen and leave, if i stay there i knew i would end up trying another trade (probably by inpulse).Ignored
Disliked{quote} if you normally move sl 10pips forward to lock it after 50-100 pips move then I promise you will miss many major moves because market will kick you out with 10 pips profits before the real move that could yield 600-1000 profits and the worst part is after it moves 500 pips you would be tempted to enter again because of FOMO and in most cases you will enter with 150-200 pips and the market would retrace 200-250 pips and hit your sl before the trend resumes again to move another 500+ pips whilst you're now depressed and frustrated and this...Ignored
Disliked{quote} I gave this sell trade in the two vertical lines on Monday at 4073-78 and it went to 4039 and retraced to 4068 and I called for sl to be reduce to 4077 which was 20 pips above the high before the sell and after it hit 4068 it sold to 4000 and finally 3945 so imagine you locked profits at 4063 what would have happen and another happened last week, price went up 10 pips to entry and sold more than 600 pips {image} I gave this sell trade in the two vertical lines on Monday at 4073-78 and it went to 4039 and retraced to 4068 and I called for...Ignored
Disliked{quote} I gave this sell trade in the two vertical lines on Monday at 4073-78 and it went to 4039 and retraced to 4068 and I called for sl to be reduce to 4077 which was 20 pips above the high before the sell and after it hit 4068 it sold to 4000 and finally 3945 so imagine you locked profits at 4063 what would have happen and another happened last week, price went up 10 pips to entry and sold more than 600 pips {image} I gave this sell trade in the two vertical lines on Monday at 4073-78 and it went to 4039 and retraced to 4068 and I called for...Ignored
Disliked{quote} I gave this sell trade in the two vertical lines on Monday at 4073-78 and it went to 4039 and retraced to 4068 and I called for sl to be reduce to 4077 which was 20 pips above the high before the sell and after it hit 4068 it sold to 4000 and finally 3945 so imagine you locked profits at 4063 what would have happen and another happened last week, price went up 10 pips to entry and sold more than 600 pips {image} I gave this sell trade in the two vertical lines on Monday at 4073-78 and it went to 4039 and retraced to 4068 and I called for...Ignored
Disliked{quote} we are waiting to learn from canyou, your strategy's are awesome,Ignored
DislikedHello canyouu, what do you think of the market direction now? Is it consolidating or trying to form a bullish move?Ignored
Disliked{quote} so how u can plan for today's entry in New York session or before it ???Ignored
Disliked{quote} it doesn't really matter about the session but getting a good entry and knowing that it's an ideal entry which depends on your knowledge or understanding of the marketIgnored
Disliked{quote} I was busy so haven't really done multi time frame analysis and get back to youIgnored
Disliked{quote} It all depends on personality and trading style as well. For me I take maybe 1 trade in the space of hours. I tend to look for something that plays out on a higher time frame as I do not want to sit and monitor the charts constantly. I used to look for fast action trades as it was exciting but now I want peace. Usually aim for 3:1 trades or bit more. Everyone has to find their own system and style. The advice for taking a break is brilliant. My rule is 1% loss and I am done trading for the day entirely. Hit my profit targets and I...
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Disliked{quote} A sell at 4027.5-31, sl at 4042{image} A sell at 4027.5-31, sl at 4042Ignored