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trading801's Koala Forex Articles and EUR/USD views

  • #10,381
  • Apr 15, 2010 2:52am Apr 15, 2010 2:52am
Recently my system signal be fail (almost 2 weeks) I don't know why I don't know my system need to optimize with current market or market is a little bad. I am thinking for this...

Almost every weeks I was green, but last week I was red and now again I am red...
We are here to help each other... We Learn Forex Together!
  • #10,382
  • Apr 15, 2010 2:59am Apr 15, 2010 2:59am
Quoting masoud123
Recently my system signal be fail (almost 2 weeks) I don't know why I don't know my system need to optimize with current market or market is a little bad. I am thinking for this...

Almost every weeks I was green, but last week I was red and now again I am red...
Good old price action Masoud never changes
I started off with indicators and didnt really understand what was going on just trading blind really losing money and getting frustrated
Now I just use candlesticks and a few ma,s and s/r
The 5 period sma is the one I love the majority of my trades involve either buying or selling when price retraces to this 5 sma it is very powerful price is like a magnet to it now I just have to work out like you when to exit for example this morning both eu and e/j have given out lots of pips but Ive still only made my usual number of pips
  • #10,383
  • Apr 15, 2010 3:06am Apr 15, 2010 3:06am
aus +15 break of indecision bar top red line stop bottom one entry
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  • #10,384
  • Apr 15, 2010 3:17am Apr 15, 2010 3:17am
I like candlestick and I very believe this method but I use this on high TF (i.e. M30, H1, H4, Daily...), I am agree with you indicator is old price and have very mistake... seems I should optimize my system and I would learning stay in position.

Thanks for advise my friend.

Quoting francis2
Good old price action Masoud never changes
I started off with indicators and didnt really understand what was going on just trading blind really losing money and getting frustrated
Now I just use candlesticks and a few ma,s and s/r
The 5 period sma is the one I love the majority of my trades involve either buying or selling when price retraces to this 5 sma it is very powerful price is like a magnet to it now I just have to work out like you when to exit for example this morning both eu and e/j have given out lots of pips but Ive still only made...
We are here to help each other... We Learn Forex Together!
  • #10,385
  • Apr 15, 2010 3:17am Apr 15, 2010 3:17am
Very well

Quoting francis2
aus +15 break of indecision bar top red line stop bottom one entry
We are here to help each other... We Learn Forex Together!
  • #10,386
  • Apr 15, 2010 3:19am Apr 15, 2010 3:19am
Quoting masoud123
I like candlestick and I very believe this method but I use this on high TF (i.e. M30, H1, H4, Daily...), I am agree with you indicator is old price and have very mistake... seems I should optimize my system and I would learning stay in position.

Thanks for advise my friend.
Were both learning
  • #10,387
  • Apr 15, 2010 3:44am Apr 15, 2010 3:44am
Have you seen oil price Masoud, not good, here in uk diesel is $8.52/gallon
ie $1.87/litre
  • #10,388
  • Apr 15, 2010 3:55am Apr 15, 2010 3:55am
Yes I see only price, wow this is too much, we have 2 kind of price for benzine, one is with subsidy and $0.1/per litter and this is limited for each machine(30 litter per month) and other without subsidy and $0.4/per litter.

Quoting francis2
Have you seen oil price Masoud, not good, here in uk diesel is $8.52/gallon
ie $1.87/litre
We are here to help each other... We Learn Forex Together!
  • #10,389
  • Apr 15, 2010 4:47am Apr 15, 2010 4:47am
hello... only free 3 hours later... how r u two ? oil up is good and bad... good : global economy recovery .. bad: pocket burn from $ of petrol lol
  • #10,390
  • Apr 15, 2010 4:56am Apr 15, 2010 4:56am
Hi koala king, how are you my friend? i am fine, the facebook problem for me is solved and I am in facebook.

how can I help you?

Quoting trading801
hello... only free 3 hours later... how r u two ? oil up is good and bad... good : global economy recovery .. bad: pocket burn from $ of petrol lol
We are here to help each other... We Learn Forex Together!
  • #10,391
  • Apr 15, 2010 5:09am Apr 15, 2010 5:09am
Quoting trading801
hello... only free 3 hours later... how r u two ? oil up is good and bad... good : global economy recovery .. bad: pocket burn from $ of petrol lol
Hi T how are you is oil price up due to recovery or speculation as suggested by some
  • #10,392
  • Apr 15, 2010 5:26am Apr 15, 2010 5:26am
I take a long from 3549
We are here to help each other... We Learn Forex Together!
  • #10,393
  • Apr 15, 2010 5:49am Apr 15, 2010 5:49am
short -11 off inv hammer
  • #10,394
  • Apr 15, 2010 5:59am Apr 15, 2010 5:59am
bad luck

Quoting francis2
short -11 off inv hammer
We are here to help each other... We Learn Forex Together!
  • #10,395
  • Apr 15, 2010 6:07am Apr 15, 2010 6:07am
Hey Koalas!!! how you doing?

I lost 80 pips today I was expecting long, hoping pivot will support it, but no. hehehehe, well nice it was demo, will need to stop chasing this market, today a lot of my monday/tuesday loss will be hitting tp will have to try to hold them a little longer and see what happen, or set a wide SL and forget it, or No. 3, I think this one is better, try to wait a little longer and take a better confirmation, my system was telling to wait, but... hmmm well you know patience
  • #10,396
  • Apr 15, 2010 6:26am Apr 15, 2010 6:26am
-12 again went short break of inv hammer down what is going on
  • #10,397
  • Apr 15, 2010 6:27am Apr 15, 2010 6:27am
Quoting francis2
Good old price action Masoud never changes
I started off with indicators and didnt really understand what was going on just trading blind really losing money and getting frustrated
Now I just use candlesticks and a few ma,s and s/r
The 5 period sma is the one I love the majority of my trades involve either buying or selling when price retraces to this 5 sma it is very powerful price is like a magnet to it now I just have to work out like you when to exit for example this morning both eu and e/j have given out lots of pips but Ive still only...
agree with you on the 5, I use it as a LWMA, add the 8 and you got the trend, on every TF
  • #10,398
  • Apr 15, 2010 6:28am Apr 15, 2010 6:28am
Quoting Forex4pty
agree with you on the 5, I use it as a LWMA, add the 8 and you got the trend, on every TF
Good afternoon Fx
  • #10,399
  • Apr 15, 2010 6:31am Apr 15, 2010 6:31am
Hi forex4pty, good to see you my friend.

Quoting Forex4pty
Hey Koalas!!! how you doing?

I lost 80 pips today I was expecting long, hoping pivot will support it, but no. hehehehe, well nice it was demo, will need to stop chasing this market, today a lot of my monday/tuesday loss will be hitting tp will have to try to hold them a little longer and see what happen, or set a wide SL and forget it, or No. 3, I think this one is better, try to wait a little longer and take a better confirmation, my system was telling to wait, but... hmmm well you know patience
We are here to help each other... We Learn Forex Together!
  • #10,400
  • Apr 15, 2010 6:40am Apr 15, 2010 6:40am
Hey guys, seem we are all loosing a couple, don't worry this is part of Forex , this week the market have been very choppy, there is always a technical and fundamental explanation, look at Greece, one day they say we will help them, the other day "I don't know"... at the end, we have to be extremely careful...
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