market is trying to tell us. rejection after rejection. previous history? rejection as well. what does this mean?
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Dislikedmarket is trying to tell us. rejection after rejection. previous history? rejection as well. what does this mean?Ignored
DislikedHi Catex, Here is my observation on your system. Of course, there is no doubt about the efficiency of the system. However no matter how mechanical u want to be, u must have filters. The gu call which u made this morning is valid and still is, That is why I am still holding on to the short signal. BUT WHAT WENT WRONG? There was a 1h tf divergence, and that scuttled the signal. Divergences if one knows how to trade them is one of the deadliest methods of capturing pips from the mkt,Imho one should always scan all time frames to see if there is any...Ignored
DislikedRejection means failure to cross upper 0.20 level and history repeats thus it will fall through 1.6220 level again towards 1.6160 level... opportunities are there for trades... correct me if i am wrong... as a newbee mistakes are always the way learning... thanks for the thread... still looking for the TRIGGER point..........Ignored
DislikedTo be honest, I feel like revealing everything right now here. But it's not my thread, not my rules, not my method - so I can't do it. But, I guess Cate will not mind if I summarize everything that has been already said in this thread. Nothing more than already revealed till now. 1. We know that we trade only fifth levels (*.*20, *.*40, *.*60, *.*80, *.*00). 2. We know that we trade breakouts of those levels and not bounces. 3. We know that the "history repeats itself", so in other words - we are looking at history before the trade. 4. We know that...Ignored
Dislikedyesterday was a very bad day, i make a call on GU but it turn out it hit SL. i receive a lot of bad PM saying that i'm fake, my system is fake, that i make everything up. it's ok, i'm did not use their money to trade. i use mine. whatever people say out there, here i am making pip day by day. and yesterday is a very rough day, there is no opportunity to trade at all. but today is a different story. look at EJ. {image}Ignored
Disliked{quote} Good morning Cate (at least for me, I am in Miami), would you buy at 138.20 going up ? or do you wait for the market to take a break and come back later. We have a lot of room going up...Ignored
Disliked{quote} morning for you, night for me. it a 12 hour different you and me. hahahaha. yes, i have a buy position there. will it TP? will it SL? the market will decideIgnored
Dislikedless and less trader are interested, good, this show that all trader behave the same. they will keep on jumping from system to system hoping to find a profitable system. let me make a reminder once again, please do not be a 100% mechanical trader where you follow the rule blindly. please do not enter the market based on indicator alone if you don't have enough understanding about how price react. remember, price are the one that move the indicator. price are the one that draw the candlestick.Ignored