Observation is the path to discovery.
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DislikedAl, back here. I've been very busy and I couldn't keep an eye on Forex.
Why talk about a long AUDNZD? Although the band has not touched bottom.
Also now you talk about going for only 10 pips on some orders, I see that I have read much of what I missed, because this is not the original strategy.
Thank you. Y muchos éxitos!!!Ignored
DislikedHi Al, I'm talking about people that visit threads and say a strategy will not work but they don't even trade it.Ignored
DislikedAl,
Many times when these pairs come in strong over the TMA they will try to make a double top or similar pattern. I thought that might be the case here so I decided to pass on the first try and go for the second.Ignored
DislikedRethinking eur/usd trade ight take it offa t few pip profit. Btw why did u risk euaud and not eu/usd?Ignored
DislikedNow, EurUsd will test the center line which is close to R1. If it stalls there also, Iīll get out again and pocket another 12 pips.Ignored
DislikedDo you really talk about EUR/USD? I do not see R1 or the center line of TMA near the price at the moment...
EDIT: I guess you mean EUR/AUD, right?Ignored
Disliked....is that that brokers/machines got to get daytraders back with some profits so that there is more volume...so they throw out little systems for you that work for a while...and only at extremes....
Alorente you got nothing else to do but be a babysitter for nearly 16 hours a day to traders...all out of pure charity?Ignored
DislikedThe truth is that there are no profitable "systems" that would be profitable in a long term . Why ? Because system don't have brains and can't adapt in changing markets . ...Ignored
DislikedThe truth is that there are no profitable "systems" that would be profitable in a long term . Why ? Because system don't have brains and can't adapt in changing markets . By this I mean that it's impossible to ignore news / demand / supply levels and the overall situation what is happeing in particular countrys that can affect the pair . There are no magic systems / indicators that you can follow ,example - (long/short when you see "red dot there , green circle here" , something crossing and all that stuff that most of the lossing traders use...)....Ignored