priceaction1 journal

ok a new fresh start. for any enquiry regarding managed account or freelance work.

[email protected]

a lot of people asking about that kind of stuff on Pm. so I make a email only for that type of enquiries. Don't want to discuss at this platform.
all info and trade set up here are free and without any condition. feel free to say any thing except any commercial thing for that purpose use email not this place.

please do check http://www.forexpeacearmy.com/public...broker_reviews before deposit funds with any broker. I did not recommend or not recommend any broker at this platform but there are so many scammer over there. lot off

Understood and deleted

You are right, investigate a broker before opening an account is a must, but forexpeacearmy is absolutely not the right way to do that; just do a quick research about the site you will get an idea about how they make money, their "research" "judgment" "review" are far from being reliable.

Unfortunately, it's true that many opinions at forexpeacefactory are just fakes, of course positive opinions are fakes, but forexpeacearmy has limited capabilities to verify it. However never open account at broker that was verified as scam. I dealt with many scam brokers at very beginning of my forex journey. Crucial thing is to choose broker that has license of reliable financial supervisory committee like FCA, ASIC, BaFin, FMA, FINMA or NFA, never deposit funds to brokers without any license or something like Seychelles license. Most of scam brokers will steal your money by hunting stops, freezing platform and even if you make profit they don't let you to withdraw, maybe initial deposit, but profits are their loss, because they don't trade on market, your profit is their loss, your loss is their profit. I had situation with big and popular scam broker that they removed all of my winnings trades due to forbidden trades, but all losing trades were fine for them and they left them unchanged, also they removed bonus without explanation and answer me that there's rule that they just can do that any time without any reason Very important thing is to choose broker that don't use "last look" rule. Last look is rejecting execution of trades due to fast moving market, what a bullshit, order has to be executed at market price. Once I forgot to close trade before news release, market was falling about 20 pips without any rush in 1 minute, my stop loss order was rejected 4 times and finally trade was closed at the end of the candle This was my last trade at this broker, no reason for trading with them anymore. Actually, I know only several brokers where you can trade, there lot of reliable brokers, but commission is usually to high or spreads are artificially widen...

some of long trades diffrent accounts
https://charts.mql5.com/7/279/eurusd...g-point-of.png
https://charts.mql5.com/7/279/eurusd...ital-ltd-2.png
https://charts.mql5.com/7/279/eurusd-m5-new-forex.png

nice, i am pratically in the same trade
and in a uj short too, with some pyramid, already took partial profit.

hello price, nice job on the trade..i have question.......its kinda way back.....it has to do with january 15 21015....you saw the chf crash coming...how did you know it was going to happen.........thanks in advance..

it was due to action of ECB. one can solve the puzzle to see the action of ECB .

short @1.0638. let see what next

https://charts.mql5.com/7/290/eurusd...point-of-2.png

stop at BE.

STOP MOVE TO 1.0617

Got late to follow your trade as I just signed in.

Riding the pullback
Will be interesting watch the close of the day

Hmmm, leaving trade opened for close of the day when there's FOMC statement, projections and conference is rather madness, all profits can easily disappear in few minutes (or double of course ) , it's nothing else like coin flip, everything can happen... Isn't better to take profit before the most volatile period of the month?

Insomnia, every position and decision of mine has a reason behind it; if i leave a position open is becouse i have gathered enough clues about the direction of price by watching price action, it has absolute nothing to do with gambling or with a "coin flip". Could i be wrong ? Of course, i am not a god and no one can be 100% right, but there is no madness in market, that's an amateur view; news are just the instrument used by fat guys to move the market in the direction they like , to a better price to buy or sell or to a levels they could use to take profit.
You should pay more attention to the chart i posted here, ask yourself why on UJ i have - until now - only played with shorts (in a range), watch the level i have draw and how they reacted, watch them in the lower time frame, and maybe you will get some clues too, hope it else.

Hey, I wasn't criticizing you. I'm rather talking about risk:reward ratio. For example same day I was long on NZDUSD from 0.7318 (entered on 5M chart after upward consolidation, 10 pips stop loss), I could easily see that there's strong trend on all pairs (smart money selling USD before FOMC) and probably after decision it will continue ride, but I took profit below pivot resistance about 0.7377, why? R:R 1:6, very good sure profit, FOMC is uncertainty, price easily could move 70 pips down, activate stop loss and reverse. In the other scenario USD could strengthen from the first minute and make new heights, nothing is sure. So why risk whole profit for something that you can't predict? This is just my point of view

euro level to watch, these are killing zone or "corn feed" areas, can test 1.0630-20 area.
https://charts.mql5.com/7/330/eurusd...g-point-of.png

yen

https://charts.mql5.com/7/330/usdjpy...g-point-of.png