okay, so better wait for dollar news - if dollar gaining strength again or not...
Pyramiding is the best way to make big money or kill your account 28 replies
Does buy low sell high apply to prices way back? 8 replies
Bulls make money, Bears make money. And Pigs get slaughtered. 12 replies
Searching for best method for Buy low Sell high 0 replies
I am looking for EA to put Buy Stops, Buy limits, Sell limits, and Sell Stops. I will 0 replies
DislikedDecided to move stop in prepare for NFP. Close call but I survived. {image} XTI/USD on the other hand didn't swing much if at all. Such clear evidence of manipulation. {image}Ignored
DislikedI also have something on USDJPY,, i use questionmarks, because I'm still new to this thing... so its's just a thought. When the price hits the 1.27 levels, it should become quite oversold, and then we should bounce... {image}Ignored
Disliked{quote} Looking cable, it seems we have a possible good quality setup in the coming days (sell at around 1.5210-1.5212 area, if and when price reach such levels and top right there!), i will be keeping an eye on this. {image}Ignored
Disliked{quote} Cable again, i must admit i didn't waited price to reach the resistance-line level as per previous-post decision, however we did get somehow near with today asian market action (a sort of exhaustion up spike at early open). From there, a slow softening back around friday highs, we are basically in the middle of the range right now, with the down-redline looming, and the support line supposedly waiting to be tested. Will it bounce? Will it break? I'm sure that time will answer such questions. {image}Ignored
DislikedIt seems to me that many people are not understanding what is going on.Any which way the biggest players in the market are Banks.So, if you can figure what the Bank game is then doing what they do seems sense to me. There are signs in every chart, Consolidation,Manipulation ,Bank Stop Runs. Couple these with Support Resistance Supply Demand . Now take the Fibonacci (which I see as a tool not an indicator,) from the nearest obvious high/ low or low/ high. Wait for price to close above below the 38% line. Enter with the target to be either Fibonacci...Ignored
Disliked{quote} Thanks for your post, interesting read! It's true that nobody (and i'm not talking about the retail traders, institutional traders and banks as well) don't understand what's going on in the market, not all the time at least. The few times a trader have an understanding or at least an idea of what's may be going on, that's the time a good trade can be executed. Tthis doesn't apply to the retail traders, whom want to be on a trade all the time just for the sake of be in a trade (gambling psychology). I don't think it do exist a specific technical...Ignored
DislikedHi tunara Many thanks for your kind reply. I agree with what you are saying and congratulate you on all your work.I am wondering why you only close out for 20 pips on €/$ Had you entered at 0805 this morning there was a very good entry based on my idea ,good for 45 pips going to Fib 276 I do not know how to download a screen shot from my mac to the forex factory thread Maybe you could help me here. That would make it so much easier to share my little idea with you A picture is worth a thousand words is so true for traders Best wishes and Happy Trading...Ignored
Disliked{quote} Sure, i never used a mac so i don't know exactly where and what to click in order to make a screenshot, but i guess you can use some external service (like this http://app.prntscr.com/en/download.html for example). Hope it help. About eurusd, i don't know what you mean (yeah hard to understand each other without images), however i've decided to give it another shot, as we can see we are now testing a ex-support line (supposedly now become resistance) and a resistance line too, so.. it can be something. Take care {image}Ignored
DislikedIt seems to me that many people are not understanding what is going on.Any which way the biggest players in the market are Banks.So, if you can figure what the Bank game is then doing what they do seems sense to me. There are signs in every chart, Consolidation,Manipulation ,Bank Stop Runs. Couple these with Support Resistance Supply Demand . Now take the Fibonacci (which I see as a tool not an indicator,) from the nearest obvious high/ low or low/ high. Wait for price to close above below the 38% line. Enter with the target to be either Fibonacci...Ignored