Last Wednesday Morgan Stanley sent out signal: "Buy Gold and Sell Euro"
摩根大通放信号:买入黄金 卖出欧元
摩根大通放信号:买入黄金 卖出欧元
Help needed in OANDA + users from Malaysia 105 replies
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p/s: SHORT of Fiber not looking good. Hoovering at 61.8% Fibbo Retracement. Might take loss manually if situation doesn't change... OR... might adding SHORT if I see strong sign the BEAR gonna take over.
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DislikedStill waiting patiently for CABLE entry. Reaching 50% Retracement. I am ready to SHORT>>>SELL FROM BOUNCE with tight SL around 50% or 61.8% Retracement if the Resistance line hold Strong. Could shoot up to the Weekly PIVOT though... which is exactly at the 61.8% Retracement and the Daily R2. CABLE Bull just make itself come back inside the TRIANGLE.
This could be only Price Correction or Retracement of the strong BEAR last week... but could also be the REVERSAL That SPINNING TOP CS with long shadow of equal length on both side last Friday on the DAILY Chart really do the trick.
T.A.Y.O.R.
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DislikedPLAN the trade... TRADE the PLAN. No guts No Glory. I just took that SHORT... prematurely... actually got to wait until this H1 CS complete forming to see if there's true price rejection at the 50% Retracement by judging the long Shadow of the CS at the top.... loosing my patience... just CLICK it. SL shall be above the Weekly Pivot / 61.8% Retracement. Will be moving down SL to BE once I am more than 20pips on the green.
T.A.Y.O.R.
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DislikedMultiple SHORTs on FIBER already have the SL at BE. Short on CABLE still not looking good. I might close all TRADES now and call off the day. That profit should be enough I guess... don't wanna get Greedy. Let see how's the PA gonna look like first when London Open.
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Dislikednice shamm i have added short to, on fiber @1.5404 and cable @1.9525. i hope more 100 pips down todayIgnored
DislikedTrading is not that SIMPLE. I don't believe in ROBOT trading. Only works out for short period of time... ROBOT can't survive long.... it get obsolete quickly. Got to know how to change the PARAMETERS efficiently from time to time to suits ever changing Market Psychology.
Never know anyone depending on one ROBOT Trading 100% and survive long. Even BANKS have their team that keep on IMPROVISING and changing their ROBOT from time to time.
Can use ROBOT Trading... but the person must also know how to IMPROVISE the EA when the ROBOT becoming not efficient any more.
Don't believe me? Try to BACKTEST the ROBOT for about a year or two. See how efficient it is. If the ROBOT can't even survive the past data... I doubt it will survive the future market. I had tried so many ROBOTs... only survive for about 3 to 10 months.... then... kaput. The longest surviving Robot I know was developed by a team that work with a Bank... it survived for 2 years. Then the whole thing need to "OVERHAUL".
Automated Trading or Robot trading works best when the Market movement is SYSTEMATIC. The TRUTH is ... market movement is not 100% SYSTEMATIC.
Just my point of view. Anyone here been trading with ROBOT and survive more than 2 years?
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Dislikedshorted cable at 1.9671..targeting 50% fibo.. but maybe this trade wont let me sleep tonite..Ignored