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EURUSD

  • #955,021
  • Jan 27, 2015 10:28am Jan 27, 2015 10:28am
Quoting kill56
{quote} here u go this already compile for new mt4 {file}
PM
  • #955,022
  • Jan 27, 2015 10:29am Jan 27, 2015 10:29am
Maybe a huge bullish bearish 'animal' is forming, where 'A' point is the ~1.10000 low:
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f(z)=z2+c
  • #955,023
  • Jan 27, 2015 10:30am Jan 27, 2015 10:30am
a little more retracement and breakout?
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  • #955,024
  • Jan 27, 2015 10:37am Jan 27, 2015 10:37am
EUR drop ? I found divergence in TVI indicator.
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  • #955,025
  • Jan 27, 2015 10:39am Jan 27, 2015 10:39am
Quoting mkvy
{quote} is that a simple ma50
Yeap, simple ma50 and exponential ma30 ... it works for me ..
  • #955,026
  • Jan 27, 2015 10:39am Jan 27, 2015 10:39am
my personal view for today/tomorrow
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  • #955,027
  • Jan 27, 2015 10:40am Jan 27, 2015 10:40am
Quoting goldfinch
{quote} No MA will give you an entry or exit, they are good as guidance, as areas of consolidation and as possible areas to watch for either continuation or reversal, they are not entry and exit points. If it were that simple then anyone would be a millionaire in a week. We were discussing here this morning how 84% of traders are short eurusd and how wrong they are and look now, we are 200 pips higher, how many of those do you think have blown an account today. As a retailer you will fail, everything is stacked against you. Only those retailers...
I think its happening again right now, "lets put that stop at 1425-30, it cant go that high" dunno... personnaly have this levels in mind 1507 and next 1685, lower 1308,1281, 1193 to trade off
  • #955,028
  • Jan 27, 2015 10:43am Jan 27, 2015 10:43am
Quoting liquidice
{quote} Yeap, simple ma50 and exponential ma30 ... it works for me ..
which timeframe do you trade this on?
  • #955,029
  • Jan 27, 2015 10:47am Jan 27, 2015 10:47am
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  • #955,030
  • Jan 27, 2015 10:48am Jan 27, 2015 10:48am
fixing at 113.77
  • #955,031
  • Jan 27, 2015 10:48am Jan 27, 2015 10:48am
Quoting goldfinch
{quote} And you are going to take that answer as the work required to be succesful? Then retailers wonder why they fail.
At least its something to try... reading loads of books and studying and following many mentors has not worked for me
  • #955,032
  • Jan 27, 2015 10:49am Jan 27, 2015 10:49am
Quoting scalperdebes
fixing at 113.77
sorry wrong thread.
  • #955,033
  • Jan 27, 2015 10:49am Jan 27, 2015 10:49am
Quoting goldfinch
{quote} Have you back tested that for at least 20-30,000 trades over various timeframes, times of the day and days of the week, logging each and every news event and have a statistical accuracy accumulated over 20 years of data to substantiate that "it works for me" comment? Or are you on a lucky run that is about to reverse on you like a swarm of locusts and eat you alive...
Chill boss, am not selling anything .. just a good intention to help him ... I lay it out .. and he can try ... if it doesn't suit him ... just don't use it ..
  • #955,034
  • Jan 27, 2015 10:50am Jan 27, 2015 10:50am
Quoting mkvy
{quote} At least its something to try... reading loads of books and studying and following many mentors has not worked for me
Do opposite what most are doing, usually works
  • #955,035
  • Jan 27, 2015 10:51am Jan 27, 2015 10:51am
Quoting goldfinch
{quote} And you are going to take that answer as the work required to be succesful? Then retailers wonder why they fail.
Im new at this myself, so thanks for the advices
  • #955,036
  • Jan 27, 2015 10:51am Jan 27, 2015 10:51am
Quoting BlueGas
{quote} Do opposite what most are doing, usually works
Hehe true. When everyone sees level to short, preapare for breakout thats how to sum it up in example.
  • #955,037
  • Jan 27, 2015 10:52am Jan 27, 2015 10:52am
Quoting mkvy
{quote} At least its something to try... reading loads of books and studying and following many mentors has not worked for me
Like I said before

Quoting ill_be_back
DATA release, S&R, FIBS, Clock, Is All U Need
A good trader follows his rules, but great trader knows when to break them
  • #955,038
  • Jan 27, 2015 10:53am Jan 27, 2015 10:53am
Quoting mkvy
{quote} which timeframe do you trade this on?
M5 to see the trend .. short term. Longer term H1/D. Study it first ... there's a lot of info about MA and EMA ...

One more thing ... In forex there's no such thing as 100% guaranteed ... what we do is we adapt ...
  • #955,039
  • Jan 27, 2015 10:53am Jan 27, 2015 10:53am
Quoting goldfinch
{quote} Following a mentor will never work, there is not a single succesful trader that would ever contemplate teaching, unless teaching pays 250k a month. The same argument goes for borrowing or buying a succesful system, nobody who has one would ever in their right mind sell it or worse give it away. {quote} Absolutely as 90%+ of retailers fail, fading them will pay of eventually.
Nope dont agree with that one, that might be your aproach but not everyone elses. .
  • #955,040
  • Jan 27, 2015 10:53am Jan 27, 2015 10:53am
Quoting janpec1000
{quote} Hehe true. When everyone sees level to short, preapare for breakout thats how to sum it up in example.
Isnt every single book teaching same about where to put stops or how to trade breakouts, think about it, imagine how many sell orders were trigered at lows, i tried a buy there and it worked quite handsomely
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