DislikedQuestion, how would you know it will "go back to the day's recent high"? Are you saying she will try to test it?Ignored
Just digging in the trenches like everyone else!
Cable Update (GBPUSD)
- #91,401
- Oct 13, 2008 1:02pm Oct 13, 2008 1:02pm
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Just digging in the trenches like everyone else!
- #91,402
- Oct 13, 2008 1:04pm Oct 13, 2008 1:04pm
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
What is EA?..yeah i'm still student and my trading money is just from my saving because i don't work yet and it so much more little compare to guys here..So the safest trade is play it small with 0.1 lot and learn this market so after i work i have enough money to put in forex market after i'm rich i get out from work and specialized this forex market!but after all my equity has 100% gain from september i start..hope i can survive this market continously..
EA is an automated trading platform... there are two ways of earning stable money in FOREX and only 2 ways: 1- statistical trading and 2- Hedging and getting interest... thats the only two ways for stable profit... i used in my EA statistical trading but in these difficult days... the pattern changed and statistics are getting random as well... so save your hard earned money... and be carefullllllllll
When life gives you lemons, make lemonade
- #91,403
- Oct 13, 2008 1:06pm Oct 13, 2008 1:06pm
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
IMO, gu is in buying territory. Don't let the money train leave you behind
I only trade XAU/USD. Based on USD news & Fib SR & BB20
- #91,404
- Oct 13, 2008 1:08pm Oct 13, 2008 1:08pm
- Joined Apr 2007 | Status: USF Statistics | 2,248 Posts
- #91,405
- Oct 13, 2008 1:09pm Oct 13, 2008 1:09pm
It's just something she (sorry I refer to cable as she) does. It's tried to break through the 15m 50 and didn't have much success, now she's hitting her head on the 10ema. If she breaks the 10 with a close above it, then I would expect the next candle to initially go down, but end higher than the 10 and continue back up. As long as she's below the 10, I would not feel confortable with a long position, I would wait for her to go back to the 4h 50ema and go short again.
Thank you! Seriously a fabulous thread. Im learning tons.
OK, so now what..."she" is not able to close above 10EMA....
- #91,406
- Oct 13, 2008 1:10pm Oct 13, 2008 1:10pm
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
closed for 100 pips... I feel impatient today...
I'm sitting on my thumbs waiting for a new opportunity.
Just digging in the trenches like everyone else!
- #91,407
- Oct 13, 2008 1:11pm Oct 13, 2008 1:11pm
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Just digging in the trenches like everyone else!
- #91,408
- Oct 13, 2008 1:13pm Oct 13, 2008 1:13pm
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Thank you! Seriously a fabulous thread. Im learning tons.
OK, so now what..."she" is not able to close above 10EMA....
Volume is low still from lunch and it's about to pick back up. I would expect it to come back down to the 15m 50, fail to close and shoot back up. I could be wrong and mind you I'm not holding a position right now.
Just digging in the trenches like everyone else!
- #91,411
- Oct 13, 2008 1:19pm Oct 13, 2008 1:19pm
- Joined Feb 2008 | Status: Trader | 5,732 Posts
Patience + Discipline - Greed = Success
- #91,412
- Oct 13, 2008 1:19pm Oct 13, 2008 1:19pm
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Ha, me and patience don't get along but we're trying to get engaged and give it a go.
Thanks buddy!
Just digging in the trenches like everyone else!
- #91,414
- Oct 13, 2008 1:36pm Oct 13, 2008 1:36pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
doing ok, for now..........my grandmother is out of the hospital as of friday, so I'll be back to trading!!
- #91,415
- Oct 13, 2008 1:50pm Oct 13, 2008 1:50pm
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Just digging in the trenches like everyone else!
- #91,416
- Oct 13, 2008 1:53pm Oct 13, 2008 1:53pm
- | Joined Dec 2007 | Status: Senior Member | 1,461 Posts
Trading is 80% Emotional, 20% Technical
- #91,420
- Oct 13, 2008 2:09pm Oct 13, 2008 2:09pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts