Trade what you see NOT what you expect

Quoting dario1002

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Hi guys

can't be around today, just i wanted to share with u the fact that finally today i recovered from the huge loss i got when i started trading with real money. It took time, patience... a lot of stress, but finally it's done!
Just wanted to share my joy with somebody who might understand the feeling

Wish u all green pips!

Dario

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Quoting dario1002

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I don't want to seem like somebody who won the oscar or something... but i want to thank EO, u guys in this thread and, to be honest, even somebody else in some other thread (wormboy... this guy is very good at it!)

please.... no standing ovation please.. i love u all

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Quoting tdeu

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good morning,

do you reckon we could go south a bit, for all (like me :-( ) who missed the entry this morning, after closing the 4hr below 5166

tdeu

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Quoting tdeu

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morning gladis



short from 5166 and covered


it needs to break the upper channel (on 1hr) boundary first to go south

overhead res was a TL drawn on 4hr chart from 17/11 to 25/22 (both days high of 8GMT candle)

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Quoting Siddhi69

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Hello everyone,
I am just getting started with Forex and have mostly been reading the last couple of weeks. I met someone recently at our local "family" pub (They don't want to call it a pub, but we know what it is) that recommended this thread as a great starting point. So far I must say thanks to EOhater for starting the thread and thanks to everyone else who contributes. There seems to be a ton of great information here.

So with that I just wanted to introduce myself and hopefully with enough work, I can become a successful trader and contribute...

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Quoting tdeu

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This is a question about 1/5 o'clock trades.

Very often the 35 pip distance from the close of the last candle, that closed through the 35SMA, means we are already at the next S/R or PPA line.

Any solution for that?

Does this 35 pip distance affect range breakouts?

Cheers

tdeu

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Quoting The Captain

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I think the reason why a lot of your questions go unanswered is becuase they are very hard to understand. The 35 pips from the last candle that closed through the 35 is where price is likely to start to reverse to come back to the ma's. This has nothing to do with 1oclock/5oclock trades. And you said that sometimes this occurs at the next s&r level.. Well yes that would be a
good thing as we are looking for price to reverse. Don't know why you would be looking for a solution??

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