Disliked{quote} How do you figure out your entrys? Time frames, triggers and so on? Just curious, im here to learnIgnored
- #99,542
- Nov 10, 2016 4:46am Nov 10, 2016 4:46am
- Joined Dec 2013 | Status: Trader | 2,141 Posts
f(z)=z2+c
- #99,544
- Nov 10, 2016 5:13am Nov 10, 2016 5:13am
- Joined Dec 2013 | Status: Trader | 2,141 Posts
f(z)=z2+c
- #99,545
- Nov 10, 2016 5:28am Nov 10, 2016 5:28am
- | Commercial User | Joined Jan 2015 | 1,352 Posts
How long have you guys been trading forex? Are you trading for a living or do you have another job aswell?
20 Pips a day keeps centerlink away
- #99,547
- Nov 10, 2016 5:59am Nov 10, 2016 5:59am
still not clear. i went short earlier from 7720, but it zoomed higher to 7730 initially. when it came down to 7705 i took the chance to get out. when it next hit 7740, i didn't enter because it looked as if it was going higher (to close the gap to yesterday's high at 7780). now it's down all the way to the 100hma @ 7687.
weird movements, hard to call a trade. perhaps only at 7780 then i'll be happy to sell!
weird movements, hard to call a trade. perhaps only at 7780 then i'll be happy to sell!
- #99,549
- Nov 10, 2016 6:21am Nov 10, 2016 6:21am
- Joined Nov 2012 | Status: Trader | 5,895 Posts
abc zig zag now 
- #99,551
- Nov 10, 2016 6:53am Nov 10, 2016 6:53am
Now to get into a short on AU you want to wait for some type of flag pattern to sell The flag may not be this big or may be bigger, there is no way of telling that. You just need to be able to recognize that the pattern has formed to be able to sell it.
The power of wave analysis.. This is how the market moves.
The power of wave analysis.. This is how the market moves.
- #99,553
- Nov 10, 2016 8:05am Nov 10, 2016 8:05am
- Joined Dec 2013 | Status: Trader | 2,141 Posts
{quote} Out at 0.770xx Further action after: USD - Unemployment Claims
...whatever...rather nothing, than loss.
Bought 0.762xx - daily chart looks terrible + impulsive down move BEFORE news + good USD data + system signal on lower time frames-> suicide buy
f(z)=z2+c
- #99,554
- Nov 10, 2016 8:18am Nov 10, 2016 8:18am
{quote} I'm curious when and why you entered large at 77c? Guessing it was after it had already been to .7778, otherwise your TP had already been triggered. Wouldn't have thought taking large positions so close to the election was a good idea and certainly not that close to the top. I am short and have been for quite a while but you can make money either way if you have your position sizing correct. Personally if you had wanted to go long at 77c I'd have started small and built larger positions as it moved against you. Others would say adding to...
We just need more patience, especially when we make a mistake
- #99,556
- Nov 10, 2016 8:24am Nov 10, 2016 8:24am
- Joined Dec 2015 | Status: Trader | 7,803 Posts
{quote} Missed some serious pips with the early profit taking.
- #99,558
- Nov 10, 2016 8:44am Nov 10, 2016 8:44am
- Joined Dec 2013 | Status: Trader | 2,141 Posts
f(z)=z2+c