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  • #1,046,221
  • Dec 21, 2015 10:25am Dec 21, 2015 10:25am
Quoting kirannaik
{quote} Yes Sir Big time loss
oh bro. imho pls do partial lock because monthly candle seems not good since its holiday time.
just keep away ur frustration and do wisely.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #1,046,222
  • Dec 21, 2015 10:26am Dec 21, 2015 10:26am
Quoting kirannaik
{quote} What to do Sir..
here quoted from MaxDoom .
Quoting MaxDoom
{quote} 1) go back to demo 2) at the beginning of the London session work out what would be the best trade setup based on current price - ie: either a short from above or a buy from below and identify the daily trend. 3) wait wait wait wait for setup level and then confirmation of reaction to level before trading. 4) if with trend trade let it run more, if not take it early either way use sensible stop and not hope or certainty thinking 5) take only those trades and no other and stop looking for them when London closes 6) be happy if the day ends...
''1) go back to demo
2) at the beginning of the London session work out what would be the best trade setup based on current price - ie: either a short from above or a buy from below and identify the daily trend.
3) wait wait wait wait for setup level and then confirmation of reaction to level before trading.
4) if with trend trade let it run more, if not take it early either way use sensible stop and not hope or certainty thinking
5) take only those trades and no other and stop looking for them when London closes
6) be happy if the day ends without a trade, because you exposed no risk to the market when the conditions were not met = capital preservation if you do this it will be safer for you, you cannot except to jump in with no experience and start trading in and out like a ninja and making assumptions about fundamental pressures that you don't yet understand.''
  • #1,046,223
  • Dec 21, 2015 10:27am Dec 21, 2015 10:27am
Quoting PayTheLimit
{quote} yes, I'll wait, losing interest in trading this week... am looking to sell 6785 in the NZD right now, last months high, see if it could turn into anything interesting, like 6606...
Also watching with interest. Although I am targeting a fair bit lower than you. Looking for the next mid term leg down to 59.9x. Historically a pretty significant level in the kiwi. Looks imminent in 2016.
  • #1,046,224
  • Dec 21, 2015 10:28am Dec 21, 2015 10:28am
Quoting sgkrishn
{quote} oh bro. imho pls do partial lock because monthly candle seems not good since its holiday time. just keep away ur frustration and do wisely.
Yes sir

by the way what is imho
  • #1,046,225
  • Dec 21, 2015 10:28am Dec 21, 2015 10:28am
Quoting edyraper
it's bottoming here I guess ... some stop hunt first before any up ...
looking for buys only here,getting 10,20 pips,can't get a runner
Sometimes it's better to be wrong,to learn..
  • #1,046,226
  • Dec 21, 2015 10:30am Dec 21, 2015 10:30am
Quoting kirannaik
{quote} Yes sir by the way what is imho
"in my humble opinion"
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #1,046,227
  • Dec 21, 2015 10:30am Dec 21, 2015 10:30am
Pending SHORT
Attached Image
A good trader follows his rules, but great trader knows when to break them
  • #1,046,228
  • Dec 21, 2015 10:30am Dec 21, 2015 10:30am
Quoting KiNgEdwarD
{quote} looking for buys only here,getting 10,20 pips,can't get a runner
honestly I bought low leverage , currently entered buy stops above highs ... could break out today ... others paying enough atm though ... GU sometimes being an azhole
  • #1,046,229
  • Dec 21, 2015 10:32am Dec 21, 2015 10:32am
Quoting edyraper
{quote} honestly I bought low leverage , currently entered buy stops above highs ... could break out today ... others paying enough atm though ... GU sometimes being an azhole
yup wisely
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #1,046,230
  • Dec 21, 2015 10:32am Dec 21, 2015 10:32am
Quoting edyraper
{quote} here quoted from MaxDoom . {quote} ''1) go back to demo 2) at the beginning of the London session work out what would be the best trade setup based on current price - ie: either a short from above or a buy from below and identify the daily trend. 3) wait wait wait wait for setup level and then confirmation of reaction to level before trading. 4) if with trend trade let it run more, if not take it early either way use sensible stop and not hope or certainty thinking 5) take only those trades and no other and stop looking for them when London...
Sir
MaxDoom is one of the best person i find here. I did 3 years on demo account. Made good there. But october reversal and last month financial times goof up made a mess of my trades
  • #1,046,231
  • Dec 21, 2015 10:33am Dec 21, 2015 10:33am
once breaking 930 direct hit to 945.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #1,046,232
  • Dec 21, 2015 10:34am Dec 21, 2015 10:34am
Quoting sgkrishn
{quote} "in my humble opinion"
ok ok
Thanks sir
  • #1,046,233
  • Dec 21, 2015 10:35am Dec 21, 2015 10:35am
finally UJ sold off ....
  • #1,046,234
  • Dec 21, 2015 10:35am Dec 21, 2015 10:35am
1,25 fib /1,61 fib
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_H1.gif Size: 213 KB
  • #1,046,235
  • Dec 21, 2015 10:35am Dec 21, 2015 10:35am
Quoting edyraper
{quote} is this have to be same every time ....

That is plain bullshit. I dont mind anyone trading demo, I open demo accounts all the time to test trading ideas but giving advice when there is no real cash on the account, that is hideously wrong.
  • #1,046,236
  • Dec 21, 2015 10:35am Dec 21, 2015 10:35am
Quoting kirannaik
{quote} Sir MaxDoom is one of the best person i find here. I did 3 years on demo account. Made good there. But october reversal and last month financial times goof up made a mess of my trades
which seems u hate stop loss.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #1,046,237
  • Dec 21, 2015 10:36am Dec 21, 2015 10:36am
Quoting edyraper
{quote} honestly I bought low leverage , currently entered buy stops above highs ... could break out today ... others paying enough atm though ... GU sometimes being an azhole
london about to leave,watching .
Sometimes it's better to be wrong,to learn..
  • #1,046,238
  • Dec 21, 2015 10:37am Dec 21, 2015 10:37am
Quoting kirannaik
{quote} Sir MaxDoom is one of the best person i find here. I did 3 years on demo account. Made good there. But october reversal and last month financial times goof up made a mess of my trades
well can't make comments here ... imo Demo has nothing to do with real ...
you should be able to cut your loss no excuses here ... if you don't cut your loss you can't think straight for the next move ...

Quoting Connors
{quote} That is plain bullshit. I dont mind anyone trading demo, I open demo accounts all the time to test trading ideas but giving advice when there is no real cash on the account, that is hideously wrong.
  • #1,046,239
  • Dec 21, 2015 10:38am Dec 21, 2015 10:38am
Quoting ahmed-2014
{quote}
nice chart
i think EU might retrace to 930
double bottum is in place
@930
50% fib of blue wave
61.8% fib of red wave
if reached ,
could be good chance for shorting EU
waiting for bearish channel to break {image}
good luck
EU @930

Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 55 KB
THE CHANNELER
  • #1,046,240
  • Dec 21, 2015 10:39am Dec 21, 2015 10:39am
Quoting edyraper
action could come with UJ ... dealing with last lows ...
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Yaruki