i tried playing with the oldtimer template and i have no idea hot to make good trade in it
im still wondering yaed how u make such good trades with this ,
im still wondering yaed how u make such good trades with this ,
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Dislikedi tried playing with the oldtimer template and i have no idea hot to make good trade in it
im still wondering yaed how u make such good trades with this ,Ignored
DislikedIts funny how people think the more price has increased or decreased, the more its likely to continue. If that where true, the world marked would collapse instantly. Its the opposite that is closer to the truth: The more it has increased or decreased the more likely it is to do the opposite. That means if you had an infinte or near infinte supply of money you would just do the opposite from what price is doing and add to that position and you would win. Things like that might be called Martingale, doesnt really matter, but it could only work for...Ignored
Dislikedit really depends on the demand and supply side,like on friday
the chinese wanted to keep eurousd at 1.35 so they went on a buying spree,there wasnt many offers so they went all the way to 1.3555 to get the ask orders at those prices,
if u see evry time it went down it was on low demand,
but before ny opened,it was downward,as evryone sold off
the reason they let it fall is so they can buy cheaper
even malcolm is forecasting that the eurousd will go further up till march,
i dont know ,we will see,also usd bond yields have fallen a bit,that...Ignored
DislikedI cant calculate bond yields and interest rates and all that bit i concentrate on next 20 minutes. It doesnt much matter to me which way its going in the long run, when it comes to trading. I have a rough idea how it will turn out in 30 years but that i base on: population > exponentially, resources < exponentiallyIgnored
Dislikedfti has been talking about this
that indicators are just calculates numbers from historical value
he says it can be used,but it cant trade for u,but it can help u trade
i read half the stuff u wrote
im not a huge indicator guy,
im gonna stick
to london open with 20smoothed ma ,and volume
20 smoothed ma for me works the best,because it shows u how spread the trend is
second thing i look at are trendlines,im gonna indentify all tops and bottoms and get them together
i notice that in asia the price reverses when trendlines intercept because it doesnt...Ignored
DislikedI often hear people say: "Indicators lie, indicators dont work." An indicator is a mathematical operation such as candle size + candles away froma a certain MA, or distance in pips between two MAs. So for an indicator to lie and not work, that would mean the computer made a calculation error, and that might happen once in a million.Ignored
DislikedI think i consider 180 super speed buying and -180 super speed selling on a CCI 14 apply to close on M1Ignored
DislikedDon't overemphesize indicators like MACD, RSI, or CCI(14), ADX and so on. There are all important indicators, but it's not a strategy. All these indicators could be a great help, not more!
Momentum & volatility are just as important aspect by scalping as how prices are moving at higher timeframes, also the pivotals, the fibs, the price patterns and on the back of this RM & MM.
Kindest regards
FXcubeIgnored
DislikedI concur with Einstein: God does not play dice. Quantum mechanics can say what they want, i say they arent seeing the important part of the pattern. Of course almost infintely small particles have their own characteristics, it can be that we will never understand the myriad of sub proton and anti-proton particles, or that we will never understand antimatter, but that doesnt mean there is no pattern.Ignored