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Psych Levels, Pivots, and Trendlines - Resurrected

  • #11,581
  • Nov 9, 2016 9:12am Nov 9, 2016 9:12am
Quoting focusonmoney
{quote} I hear you, but the only reason why I took it is because my first flag trade worked out good.. And when price held at support , then I saw it had more room to go up.. Here's the support I saw.. i {image}
With M5 prospective I agree, but I don't mix entry at M1 with M5, I may set a target according to M5. But it is only my opinion
Even though I walk through the darkest valley, I will fear no evil
  • #11,582
  • Nov 9, 2016 9:13am Nov 9, 2016 9:13am
I still need 40 pips, hopefully tomorrow I will make it, and I will get my 300 pips a week, I will skip trading friday.
Even though I walk through the darkest valley, I will fear no evil
  • #11,583
  • Nov 9, 2016 9:59am Nov 9, 2016 9:59am
Quoting monocor
I still need 40 pips, hopefully tomorrow I will make it, and I will get my 300 pips a week, I will skip trading friday.

I think you will make your 40 pips by tomorrow .. Good trading!!
  • #11,584
  • Nov 9, 2016 10:15am Nov 9, 2016 10:15am
Tried to play another flag in eurusd, but it decided not to play along as it turned back up just in front of the target; got out breakeven ...
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  • #11,585
  • Nov 9, 2016 1:00pm Nov 9, 2016 1:00pm
Quoting cvds16
Tried to play another flag in eurusd, but it decided not to play along as it turned back up just in front of the target; got out breakeven ... {image}
nice trade
Even though I walk through the darkest valley, I will fear no evil
  • #11,586
  • Edited 2:50pm Nov 9, 2016 2:26pm | Edited 2:50pm
monocor, seems like I somewhat misunderstood what you mean by 'break and test trade' ... I think I more or less got it now: you mean a break of the sma21 and then a signal immediately after to the opposite side but with rsi diverging ?
BTW: you might think twice no matter what about trading on friday: it's an official holiday in most of Europe as far as I know and in the USA ...
  • #11,587
  • Nov 9, 2016 3:05pm Nov 9, 2016 3:05pm
today movement show that resistance, support pivot etc are total bullshit
  • #11,588
  • Edited 5:14pm Nov 9, 2016 4:14pm | Edited 5:14pm
Quoting asking
today movement show that resistance, support pivot etc are total bullshit
So how come we made money today?
  • #11,589
  • Nov 10, 2016 2:35am Nov 10, 2016 2:35am
Never traded m1: there so many false signals, can not filter it lol
  • #11,590
  • Nov 10, 2016 3:27am Nov 10, 2016 3:27am
monocor is doing a really good job at showing it's possible ... but ... you need to be very selective in your trades, meaning loads of patience and I see all too well that it's good that I am still on demo with this, without demotime you it's seems like a doomed endeavour ... hoping to start with the real thing in december ...
  • #11,591
  • Nov 10, 2016 3:40am Nov 10, 2016 3:40am
took 31 pips in usdjpy on a flag
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  • #11,592
  • Edited 4:21am Nov 10, 2016 3:49am | Edited 4:21am
Quoting cvds16
monocor, seems like I somewhat misunderstood what you mean by 'break and test trade' ... I think I more or less got it now: you mean a break of the sma21 and then a signal immediately after to the opposite side but with rsi diverging ? BTW: you might think twice no matter what about trading on friday: it's an official holiday in most of Europe as far as I know and in the USA ...
It has nothing to do with EMA, it is break and test levels. I told you 3 things what price can do with level, for a reason!!Yes, friday is a holiday, and I got my pips today, so I am done for the week. Don't trade on friday !!!!
Even though I walk through the darkest valley, I will fear no evil
  • #11,593
  • Nov 10, 2016 3:50am Nov 10, 2016 3:50am
Quoting cvds16
took 31 pips in usdjpy on a flag{image}
Holly molly, I just closed the same trade !!! Good job!!!!
Even though I walk through the darkest valley, I will fear no evil
  • #11,594
  • Nov 10, 2016 3:50am Nov 10, 2016 3:50am
My trades from today
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Even though I walk through the darkest valley, I will fear no evil
  • #11,595
  • Nov 10, 2016 3:54am Nov 10, 2016 3:54am
Quoting asking
today movement show that resistance, support pivot etc are total bullshit
of course, there is no arrows to show you when to buy and when to sell. It is classic trading !!! Don't waist your time posting !!!! Here is 580 pages proving you are wrong !!!!
Even though I walk through the darkest valley, I will fear no evil
  • #11,596
  • Nov 10, 2016 3:56am Nov 10, 2016 3:56am
Quoting vitall
Never traded m1: there so many false signals, can not filter it lol
No comments !!! I trade m1 every day, there is no difference between daily and m1 time frame, all the same!!! If you don't know what and how to trade, that is not my problem. Start from reading this thread, and after we can talk.
Even though I walk through the darkest valley, I will fear no evil
  • #11,597
  • Nov 10, 2016 4:04am Nov 10, 2016 4:04am
Before posting, at least read thread. If you go to gym, it takes 4 years to build mussels, and you come here, and want to be a trader in one week, spend time reading and learning thread, to get some knowledge, before posting some nonsense!

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Even though I walk through the darkest valley, I will fear no evil
  • #11,598
  • Nov 10, 2016 4:15am Nov 10, 2016 4:15am
Acumen the guy who started this thread had 100 pips a day, trading m1, he had 130 trades on m1 chart, showing and proving what a trader can do, beating the market again and again. Islander is still around, he is trading m1. I don't wanna hear You Can't, because I CAN.
Even though I walk through the darkest valley, I will fear no evil
  • #11,599
  • Nov 10, 2016 4:19am Nov 10, 2016 4:19am
I am in AU
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Even though I walk through the darkest valley, I will fear no evil
  • #11,600
  • Nov 10, 2016 4:24am Nov 10, 2016 4:24am
Quoting monocor
I am in AU {image}
Closed
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Even though I walk through the darkest valley, I will fear no evil
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