Re: EurUsd short term 15 replies
NFP nice bump up on EURUSD 2 replies
DislikedLike you said . We can not predict anything . All we can do is guess and hope .Ignored
DislikedThere is a first time for everything . You heard it now .
I am talking about life and the events that happens in life . Being a good trader and making money are just acts that you perform everyday but we dont know if we will be able to get the fruits of our acts or not . What will happen tom. ? no one knows . As a trader , I always have both ways prepared. North and south.
I can guess that it will go south and be ready to make an entry but if the tide changes, I am ready to make an entry to go north. and this is the only art of trading can...Ignored
DislikedWaiting for some confirmation but I'm thinking of going long with a tight stop below session lows. Would give me something like a 1:1 ratio for the first TP. I'm still on the fence about this trade though. The trend on my charts is clearly down, but we have ventured aways from my moving averages. May just take a small position once I get my confirmation.
These are derived from S/R pivot levels.
Stops below 1.2670
Target 1.2730 or above.
any one have any input on the trade ?Ignored
DislikedBut this is no guessing, that is you edge.Ignored
DislikedRight now there are millions of traders and banks and hedge funds are long yet there are millions of them short too. Who got the edge.? who is right and who is wrong. ? No one knows . What will actually happen tonight . Are we gonna touch 2500 or will bounce from here. ? No one knows for sure. Millions will make money by tomorrow afternoon and millions will loose too. Why ? Because they make up their minds that it will go north based on their fundies or tech. and some says no it will go south . Trading is all about " If - then " game. Look at...Ignored
DislikedYour post always make sense to me. I am also with you. The harmonic patterns that you use are based on price and price action when the potential reversal zone is reached. That is an edge in the pure form.
The fact that you also take advantages of the failed pattern to me show that you have increased your ability to trade.
Express oneself is good, shows that you have marbles.
To know that the person that thinks he knows, knows nothing is also a edge, puts you in a better position to be able to act accordingly.
But then again , It is just my...Ignored
Dislikedwe need to focus on making pips and what the heck with everything else .from north, it is 6 and from south, it is 9. Nothing worth trading until London open so i am off to bed .Ignored
My point is - if you do not learn to trade in the moment then you will continue to struggle in trying to capitalize on a dream.Ignored
DislikedYes I completely agree with you for this part. But I honestly dont care about euro at 1.4 or 1.18, those numbers are not even on my 15m charts. I trade what I am looking at right now, and normally only hold my trades for a very short time.
As for trading the trend. Every trader has heard that saying a million times. But what people fail to explain is a few things. ( which I am sure you would have taught to your students) As most traders found out the hard way, jumping into a trend at the wrong time is a bad trade. Specially if you don't allow...Ignored