DislikedHi Bump,
Please can you post your post stating chart reason for entry and exit
Thanks
BWIgnored
- #12,622
- Mar 9, 2012 8:52am Mar 9, 2012 8:52am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
AUD/U Will make me
I know the direction and my tp is right but the problem about this
Too much correction
From my experience i will spot on something
When i start trading i was asking like any newbie
which pair should i start and all professionals Says with ugly hard voice"Any pair all the same if u know trade one u trade the rest"
1-E/U Most trending pair
2- Each pair has his own attitude , properties
3- I think scalping is better with this type of pair with 5 min TF because has much correction like AUD/U "Maybe...
nice post!
Have I got something on my face, SOLDIER?
- #12,623
- Mar 9, 2012 9:01am Mar 9, 2012 9:01am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
ok sure guys.. its based on the daily chart. this is snot updated as i need to update the ascii for this platform from meta manually.
some usual bar counts on the daily timeframe. fibonacci sequence based - and a price retracement of a bullish swing. 38.2 and 61.8 are the fib levels i watch out for. Basically price has met with time.
i hope the concept isnt hard to grasp. i look for points i time and price to match at a level for a trade that is all.
if anything seems a mismatch or not understable please point it out
next time ill be more precise and more ethical with the thread with the "LONG at .... SL at... " process as ive been skipping o nthat recently. i gave a link to my blog and it led straight to this setup and my entries but since T wishes no links i forgot to update it just from the den .
some usual bar counts on the daily timeframe. fibonacci sequence based - and a price retracement of a bullish swing. 38.2 and 61.8 are the fib levels i watch out for. Basically price has met with time.
i hope the concept isnt hard to grasp. i look for points i time and price to match at a level for a trade that is all.
if anything seems a mismatch or not understable please point it out
next time ill be more precise and more ethical with the thread with the "LONG at .... SL at... " process as ive been skipping o nthat recently. i gave a link to my blog and it led straight to this setup and my entries but since T wishes no links i forgot to update it just from the den .
Have I got something on my face, SOLDIER?
- #12,624
- Mar 9, 2012 9:07am Mar 9, 2012 9:07am
- Joined Apr 2008 | Status: Trader | 9,414 Posts
YOU ARE NOT NEWBIE ANYMORE....YOU ARE LEGEND...
Long time not see u!! where have u been?
Hope all fine.
Thanks for the complement - still much to learn bro
- #12,627
- Mar 10, 2012 8:21am Mar 10, 2012 8:21am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
Hi bump,
I asked you the question not T, I have clearly asked you a question and you have shown me your maturity on redirection of the answer to T.
Good Luck in trading forex.
I am done with you welcome to my ignore list.
Regards
BW
unfortunately luck does not bring success. other things do - not luck.
bye everyone TC, no more unnecessary noise to the den from my trash. not that i was much of use anyways ever since i came.
Regards:
"BUMP"
PS:
5 years.
Have I got something on my face, SOLDIER?
- #12,628
- Mar 11, 2012 7:20am Mar 11, 2012 7:20am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
"Good Luck in trading forex."
unfortunately luck does not bring success. other things do - not luck.
bye everyone TC, no more unnecessary noise to the den from my trash. not that i was much of use anyways ever since i came.
Regards:
"BUMP"
PS:
5 years.
Hero calls followed by margin calls...
- #12,629
- Mar 11, 2012 8:14am Mar 11, 2012 8:14am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
Hi bump,
Good Luck in trading forex.
Regards
BW
"Good Luck in trading forex."
bye everyone TC, no more unnecessary noise to the den from my trash. not that i was much of use anyways ever since i came.
Regards:
"BUMP"
sure it does....you just need enough of it
Ok guys...
No more SUN MOON STARS, Astrological analysis here...
I sincerely dont believe in any astrological sun moon stars trading. I have been trading for a living, and i use pure price action with only a few basic indicators, and I can promise thats all u need.
I have written many times about important aspects of trading and I boldly claim that Money management and risk management are THE MOST IMPORTANT thing having in mind that u KNOW HOW TO trade and understand price action and market cycles and that you have previously had at least 3y of experience averaging at least 6h per day of non stop screening time.
One cannot become a successful trader if he isnt strong willed and persistent keeping the right MM and risk NO MATTER HOW much knowledge of the markets he has had.
I will personally again write about everything u need to become a PRO trader.
I must agree with Black Widow as we have been trading a hedge fund together and he is really a well educated guy who KNOWS how to trade and you should listen and pay attention to everything he says.
So, no MOON STARS PLANETS here anymore. Reality bites...and you need to stand with both legs on the ground....
- #12,633
- Mar 11, 2012 12:40pm Mar 11, 2012 12:40pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
Where is US in Friday move?
US Session open@3108 closed@3121
Something don't understand but i put it in back yard of my mind LOL
It's open@5667 Closed@5670
Something going on
when my Sunday candle close will make my move.Already got a plan but
Patience no rush
- #12,636
- Mar 12, 2012 1:03am Mar 12, 2012 1:03am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
Good morning all!
Today it seems we have a continuation to the downside. Weekly chart gives us bearish signals. Sell the rallies is an option which should be exploited.
Today it seems we have a continuation to the downside. Weekly chart gives us bearish signals. Sell the rallies is an option which should be exploited.
- #12,640
- Mar 12, 2012 1:24am Mar 12, 2012 1:24am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
E: 3106
s: 3132
tp:3020
I have marked the swings. 
s: 3132
tp:3020
I have marked the swings.