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TRD

  • #1,881
  • Mar 11, 2016 4:02am Mar 11, 2016 4:02am
Quoting Fxentropy
PLEASE DONT ASK QUESTIONS......its not my statement.....its a friend who trade like a mad men. Take it as inspiration {image}
  • #1,882
  • Mar 11, 2016 4:04am Mar 11, 2016 4:04am
anyway, today's winners came from GBPAUD. I got +175 pips on 3 positions. that makes my day and week.

good luck to those who will continue trading...

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  • #1,883
  • Mar 11, 2016 4:13am Mar 11, 2016 4:13am
Quoting Fxentropy
PLEASE DONT ASK QUESTIONS......its not my statement.....its a friend who trade like a mad men. Take it as inspiration {image}
impressive! looks like something clicked around trade #157 . and also your friend either is a really good trader with 85-90% winning percentage or s/he doesn't use stops which makes me think that s/he was overleveraged achieving such a result in such a short time (about 500 trades). inspirational, anyway...
  • #1,884
  • Mar 11, 2016 4:15am Mar 11, 2016 4:15am
Quoting Fxentropy
PLEASE DONT ASK QUESTIONS......its not my statement.....its a friend who trade like a mad men. Take it as inspiration {image}
lol, you stole my statement
  • #1,885
  • Mar 11, 2016 5:08am Mar 11, 2016 5:08am
Quoting Fxentropy
PLEASE DONT ASK QUESTIONS......its not my statement.....its a friend who trade like a mad men. Take it as inspiration {image}
now I can make some crap system with youtube video and sell it
In the end its just a stupid numbers game
  • #1,886
  • Mar 11, 2016 5:13am Mar 11, 2016 5:13am
Quoting Fxentropy
PLEASE DONT ASK QUESTIONS......its not my statement.....its a friend who trade like a mad men. Take it as inspiration {image}
All i can say is he use hedge if position goes wrong and close as 'close by' function. also, he use TP3 pips. He started with 2 lots, and now he trade 100 lots...Pepperstone would not let him trade more than that on 1 ticket.

Also, that was made in 4 days; The guy is crazy......
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"What would you attempt to do, if you knew your success was a certainty?"
  • #1,887
  • Mar 11, 2016 5:26am Mar 11, 2016 5:26am
Quoting danzka
{quote} now I can make some crap system with youtube video and sell it
I let that to people from asia and middle east...they are the best in this area
"What would you attempt to do, if you knew your success was a certainty?"
  • #1,888
  • Mar 11, 2016 7:33am Mar 11, 2016 7:33am
Yes baby!!!!
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  • #1,889
  • Mar 11, 2016 7:59am Mar 11, 2016 7:59am
Quoting TheRealDeal
{image}

Simple question. How do you recognize accumulation in this range?
  • #1,890
  • Mar 11, 2016 8:33am Mar 11, 2016 8:33am
Quoting xman
{quote} Simple question. How do you recognize accumulation in this range?
Nice thread TRD, similar style of trading idea. Xman. This is how I played UC. Pic: Buyers at that bottom. Pushing higher than lower to fill those orders in circles. Did someone know CAD data to be bad? Who knows. Just play with PA
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  • #1,891
  • Mar 11, 2016 10:28am Mar 11, 2016 10:28am
Aaaaand relax. Weekend times are here!

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"Never Take a Trade You Don't Understand!" - Pres78
  • #1,892
  • Mar 11, 2016 2:00pm Mar 11, 2016 2:00pm
Quoting xman
{quote} Simple question. How do you recognize accumulation in this range?
usually accumulation happens in all ranges. There is liquidity concentrated.
But this chart represents more. See in the range how price comes slowly up and shoots back down faster, comes slow up and shoots back down faster. The result it big black candles. There banks buy in these candles to fill their orders. When you see such a candles in the down move, you know move is finished and accumulation in opposite direction happens. Before i traded stops i called them exhaustion candles.
Sometimes a stop hunt of the whole range happens, which amplifies the move in opposite direction, but not every time. If broken on wrong side they make sure that price comes back in the range. They protect locations where they bought last time.
As soon as banks are done with accumulation, they let the price break other side of the range and enjoy profits until the next range.
  • #1,893
  • Mar 11, 2016 2:18pm Mar 11, 2016 2:18pm
Today's trade :/ I was busy whole day and couldnt have much screen time and I missed the Gap filling :/

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Saw small rejection towards my target therefore exited. I noticed I entered too early :/
  • #1,894
  • Mar 11, 2016 2:30pm Mar 11, 2016 2:30pm
@TRD, Which broker you use? I want to find reliable broker, which will allows withdrawal whenever you want =)

I am with FxPrimus atm, but I heard they sometimes have issues with clients wanting to withdraw their money. Also the slippage with their ECN is enourmous....
  • #1,895
  • Mar 11, 2016 2:43pm Mar 11, 2016 2:43pm
Quoting duy90
@TRD, Which broker you use? I want to find reliable broker, which will allows withdrawal whenever you want =) I am with FxPrimus atm, but I heard they sometimes have issues with clients wanting to withdraw their money. Also the slippage with their ECN is enourmous....
lol What a question? Use only regulated brokers and pray
Slippage happens usually if you trade big or you are with a broker running A and B orders book. If that is the case the broker may create trade strategies against you while you are in the B book. Thats why when you get slippage you get worst fill . Read somewhere about that: http://www.abundancetradinggroup.com...forex-trading/
  • #1,896
  • Edited 4:03pm Mar 11, 2016 2:53pm | Edited 4:03pm
Lol so no matter what, most of the brokers will fight against you xD. That's new =) Thanks for the information. And I believe my broker is A+B.

Btw, is this accummulation also?

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  • #1,897
  • Mar 11, 2016 4:08pm Mar 11, 2016 4:08pm
Quoting duy90
Lol so no matter what, most of the brokers will fight against you xD. That's new =) Thanks for the information. And I believe my broker is A+B. Btw, is this accummulation also? {image}
unless u have got few millions to start with. then you can get better conditions. there is a reason why rich people become richer and poor become poorer
  • #1,898
  • Edited Mar 12, 2016 12:44am Mar 11, 2016 4:19pm | Edited Mar 12, 2016 12:44am
Quoting duy90
Lol so no matter what, most of the brokers will fight against you xD. That's new =) Thanks for the information. And I believe my broker is A+B. Btw, is this accummulation also? {image}
could be accumulation, if there was liquidity at that level before. if banks bought before there. but see how during that accumulation price started with a double bottom and then higher lows. looks like 2x double bottom. its a wall, retailers may think and put their stops there. and then out of the blue baaaam. in no time hunted and continued without you....and you....and you

No clue why you drew that triangle. It prevents you to see the hunt areas
  • #1,899
  • Mar 12, 2016 5:44pm Mar 12, 2016 5:44pm
Quoting duy90
Lol so no matter what, most of the brokers will fight against you xD. That's new =) Thanks for the information. And I believe my broker is A+B. Btw, is this accummulation also? {image}
Price went up didn't it?

But! Smart money buys low, sells high, this is neither high nor low. This is more like an interval in a trend, you could call it re-accumulation but it's more just like a speed bump, a test of supply.
"Never Take a Trade You Don't Understand!" - Pres78
  • #1,900
  • Mar 14, 2016 6:10am Mar 14, 2016 6:10am
EU up.
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"What would you attempt to do, if you knew your success was a certainty?"
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