again, many thanks for the videos. The past week or so has been very educating for me.
Regards
Marcel
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Disliked{quote} 20th Dec I went short @1.3670 (i am sure the trade looked okay when i took it) Price was in the red for a while and I had to go to work so i moved my stop loss to over 1.3900 to stop any sneaky long tails that i suspected may happen..(stop loss hunting people like to call it) i didn't really expect price to go that high.... But of course looking back its easy to see that a long was coming once it passed over the 89 on the H4. The next time i checked the charts i was losing over 200 pips... i was shocked...really shocked my biggest loser...Ignored
Disliked{quote} Hi Bkk, sorry to hear about that. EURAUD: there is some development since the last chart, I am waiting for a completed pull back (possibly to the 8ema in red)then on the move away down,(if this is the case!) I should be a seller. the pair broke the 89sma by a very strong candle(216 pips!), so now the anticipation is that it tends to go back to it before moving away . the pair is on his move away secured 101 pips. closed trade, hit by the SL:+ 101 pips P.S. Quebec : -26C Sydney: +26C ...lucky guy! {image} {image}Ignored
Disliked{quote} Hi Philip, Thank you for this videos. I can see you use the Fibo heavily and how you decide whether to get into a trade or not based on rational R:R. And your explanation on USDJPY is an eye opening. I know it is the thing that you told us again and again. That we need to examine the H4 chart first then comes down to the lower timeframes to get a better view on entry point. But still, just by watching you explain it is exciting. I can't thank you enough. Right! This video helps me.Ignored
Disliked{quote} Jeez Trademin - 26C wow.....! I would like to know which are peoples favourite currencies for trading this system. I am stuck on the EU which is okay by me. I have looked at other currencies but I don't know them. Yesterday I tried EJ and got burnt in some consolidation. I read that AUD and NZD trades / trends well and so is good to trade for this system. I would like to have a few currencies to check in a morning before work so I can check my analysis out. Obviously people commenting on this forum Binnie, Arrow, Trademin etc (sorry to miss...Ignored
Now it is clearer in my mind about that kind of situation, thank you M. Nel for showing me that in your videos. Thank you for taking time to teach us precious “know how.”
Have a nice day,
DislikedHi Phillip I have a big request. I know you are very very busy posting and making videos of trades but if possible could you do the weekly anticipation videos like you did before. Maybe discuss some currencies that look good for the week ahead and post it over the weekend. It doesn't have to be all the currencies. Just one or two. I know this is a lot to ask and you've already done so much.Ignored
Disliked#-26C I really can't imagine how cold is that Yvon. I kinda think it would be harmful for someone used to live in the tropical climate like me M. Nel's videos almost works like magic, it shows different things to different traders. I just hope I can learn the summary of what all of us have learn here. So, at least we can talk in the same language and understand what others are talking about. Different understanding, one meaning.Ignored
Disliked{quote} hi Arrow, Just to give you an idea :-19c is probably the temperature of a frozen fish in a supermarket. I don’t think you would be able to hold it (bare hand) for 5minutes. Now with -26c , it would be less that 5 minutes. Add the wind chill, the temp is about -40C , how long would you be able to hold the fish? And what about your ears at -40c? I love summer!Ignored
DislikedOnce...(at 6 or 7 years old I guess!)I still have that bad feeling: my tong stuck on a metal door nob! yea ...about 6years old! since I was about the same high as the door nob! Crazy thing a kid would do!Ignored