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  • #968,881
  • Mar 13, 2015 9:29am Mar 13, 2015 9:29am
Quoting Ck87
{quote} Still think it's coming, this is completely normal to retest lows..... the major key is whether or not we make a LL..... either way, the higher probability is to keep selling any rally, we both know this.
The key is not to try and catch the bottom to make money on bounces when trend is down... The risk reward and probability is not on your side
They key is Stay out and IF a bounce does occur, look to get in short positions in a down trend...
So please... Ive said it countless times... You have better odds catching tops in a downtrend than catching bottoms....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #968,882
  • Mar 13, 2015 9:30am Mar 13, 2015 9:30am
Have added to my existing longs here at 0506 with tight stop though.
Intraday only.
  • #968,883
  • Mar 13, 2015 9:30am Mar 13, 2015 9:30am
Quoting navk
{quote} I think I can now speak about double bottom, the price has tested 1.0501 in my chart.
Daily candle isnt over...
I wouldnt say the low for today is completed....
Watch out
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #968,884
  • Mar 13, 2015 9:30am Mar 13, 2015 9:30am
Quoting fxtyrant
{quote} The key is not to try and catch the bottom to make money on bounces when trend is down... The risk reward and probability is not on your side They key is Stay out and IF a bounce does occur, look to get in short positions in a down trend... So please... Ive said it countless times... You have better odds catching tops in a downtrend than catching bottoms....
Agree with you 100% brother, keep up the good discipline and trading
  • #968,885
  • Mar 13, 2015 9:31am Mar 13, 2015 9:31am
Quoting Ck87
{quote} Buying GU here?? I'll go for 1.5.... although it looks dangerous... i got "stinky finger" syndrome right now I guess.. {image}
Have X - regret to partial GA a bit too early

Attached Image
  • #968,886
  • Mar 13, 2015 9:31am Mar 13, 2015 9:31am
Quoting navk
{quote} I think I can now speak about double bottom, the price has tested 1.0501 in my chart.
Very , very possible. But we don't know yet, it can tank. I'm still long and had a nice long scalp that I already TP on... but I see it going back up.
  • #968,887
  • Mar 13, 2015 9:31am Mar 13, 2015 9:31am
I would wait for the 4H to close. It might make a LL..
Read the entire market, money is made on the main trend not the fluctuation
  • #968,888
  • Mar 13, 2015 9:31am Mar 13, 2015 9:31am
Quoting Ck87
{quote} Agree with you 100% brother, keep up the good discipline and trading
Shit apparently navk hasnt learnt his lesson...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #968,889
  • Mar 13, 2015 9:33am Mar 13, 2015 9:33am
Quoting fxtyrant
{quote} Daily candle isnt over... I wouldnt say the low for today is completed.... Watch out
Agreed, and also read that previous top/bottom is tested there will be spike or drop quickly. It has done that exactly and now my longs are 20 ++
Intraday only.
  • #968,890
  • Mar 13, 2015 9:34am Mar 13, 2015 9:34am
Quoting fxtyrant
{quote} Shit apparently navk hasnt learnt his lesson...
Hey I agree totally with you not to trade against trend but have to manage the existing longs.
Intraday only.
  • #968,891
  • Mar 13, 2015 9:34am Mar 13, 2015 9:34am
Quoting navk
{quote} Agreed, and also read that previous top/bottom is tested there will be spike or drop quickly. It has done that exactly and now my longs are 20 ++
Then ur just a scalp trader.... Pfft
Dont need to talk to you then...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #968,892
  • Mar 13, 2015 9:35am Mar 13, 2015 9:35am
Quoting fxtyrant
{quote} Then ur just a scalp trader.... Pfft Dont need to talk to you then...
At times I scalp too, yes.
Intraday only.
  • #968,893
  • Mar 13, 2015 9:36am Mar 13, 2015 9:36am
Quoting fxtyrant
{quote} Then ur just a scalp trader.... Pfft Dont need to talk to you then...
You don't trade equity indices ?
  • #968,894
  • Mar 13, 2015 9:38am Mar 13, 2015 9:38am
Quoting fxtyrant
{quote} Then ur just a scalp trader.... Pfft Dont need to talk to you then...
Worst part about that sell off just now to me is that I had my highest % technical signal that I can get pretty much to sell EU and I didn't do it bc of my short term bias... Ugh
  • #968,895
  • Mar 13, 2015 9:40am Mar 13, 2015 9:40am
Quoting fxtyrant
{quote} The key is not to try and catch the bottom to make money on bounces when trend is down... The risk reward and probability is not on your side They key is Stay out and IF a bounce does occur, look to get in short positions in a down trend... So please... Ive said it countless times... You have better odds catching tops in a downtrend than catching bottoms....
this I agree with
  • #968,896
  • Mar 13, 2015 9:40am Mar 13, 2015 9:40am
Quoting Ck87
{quote} You don't trade equity indices ?
Equities indices?? Pick a growing economy like US... Trade Us indices
And always buy on dips, dont be a hero in shorting it....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #968,897
  • Mar 13, 2015 9:41am Mar 13, 2015 9:41am
Quoting MaxDoom
{quote} this I agree with
  • #968,898
  • Mar 13, 2015 9:42am Mar 13, 2015 9:42am
Quoting mrhb30jr
euro short scalping .... {image} {image}
nice trade mrhb30jr, I was watching the same setup but hesitated on the entry.

Do you mind sharing the indicator with horizontal S&R levels? I am assuming that's what they are.

Cheers
  • #968,899
  • Mar 13, 2015 9:42am Mar 13, 2015 9:42am
Quoting fxtyrant
{quote} Daily candle isnt over... I wouldnt say the low for today is completed.... Watch out
Dear Sir
I am out of game now because of my mistake.i didn't check my account balance and following your trade opened two positions yesterday but it suddenly eat my stoploss and kicked me out.
But I wana say something that you are brilliant and I salute your prediction.
So I will put more money in my account next week and will be back to game again.
Looking forward to make some profit by only only only following your trade.
Thanks again.keep it up and stay blessed.
Regards👍
  • #968,900
  • Mar 13, 2015 9:43am Mar 13, 2015 9:43am
Quoting fxtyrant
{quote} Equities indices?? Pick a growing economy like US... Trade Us indices And always buy on dips, dont be a hero in shorting it....
Equities/ Indices, yeah, I'm waiting for this to bottom out and I will be longing for sure on Tech/Russell etc
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