- #1,098,503
- Mar 22, 2017 9:57pm Mar 22, 2017 9:57pm
- Joined May 2016 | Status: Clueless | 6,896 Posts
Here is an interesting individual, ignored a whole host of posters from this thread, still a very interesting thread. LOL. Here is a very decisive person, good for you. {image}
wonder what we all did to him/her.. damnnn it's really rough out here
- #1,098,504
- Mar 22, 2017 10:04pm Mar 22, 2017 10:04pm
- | Joined Sep 2013 | Status: Trader | 2,240 Posts
- #1,098,505
- Mar 22, 2017 10:05pm Mar 22, 2017 10:05pm
- Joined Mar 2017 | Status: Impeccable | 2,829 Posts
Self discipline It is a practice
- #1,098,508
- Mar 22, 2017 10:44pm Mar 22, 2017 10:44pm
- Joined May 2016 | Status: Clueless | 6,896 Posts
Fellow traders during London session eur usd may go little up, however, it will later go down to 1.0738 for sure.
- #1,098,510
- Mar 22, 2017 10:52pm Mar 22, 2017 10:52pm
{quote} Simple even if news Unemployment Claims comes in negative, Fed Chair Yellen will speaks in a way to drag eur down. Moreover strong resistance in D W charts
just kidding... happy trading to you!
- #1,098,513
- Mar 22, 2017 11:41pm Mar 22, 2017 11:41pm
- Joined Dec 2015 | Status: Trader | 14,259 Posts
Member
- #1,098,514
- Mar 22, 2017 11:46pm Mar 22, 2017 11:46pm
- | Joined Feb 2016 | Status: Trader | 473 Posts
Follow the Flow and Grow
- #1,098,515
- Mar 22, 2017 11:48pm Mar 22, 2017 11:48pm
- Joined Dec 2015 | Status: Trader | 14,259 Posts
Member
- #1,098,516
- Mar 22, 2017 11:59pm Mar 22, 2017 11:59pm
I'm such a bad noob at forex, I always end up countering the trend in an unfavorable position 
Is forex rocketscience? Yes it is.
- #1,098,517
- Mar 23, 2017 12:16am Mar 23, 2017 12:16am
- | Joined Jul 2007 | Status: Candle Chartist | 280 Posts
I'm such a bad noob at forex, I always end up countering the trend in an unfavorable position
Best way to trade is to trade the trend. Use 2 Moving Averages. For example: 8, 15 Simple Moving Averages. Play with different settings till you find one you are comfortable with.
At one glance you will see the trend as they cross up and down.
Then use Candlesticks to match the direction.
Always use a stop-loss. Nothing is fool proof. And from time to time prices do move erratically.
- #1,098,518
- Mar 23, 2017 12:29am Mar 23, 2017 12:29am
- Joined Dec 2015 | Status: Trader | 14,259 Posts
{quote} Best way to trade is to trade the trend. Use 2 Moving Averages. For example: 8, 15 Simple Moving Averages. Play with different settings till you find one you are comfortable with. At one glance you will see the trend as they cross up and down. Then use Candlesticks to match the direction. Always use a stop-loss. Nothing is fool proof. And from time to time prices do move erratically.
What about random entries and RR 1:2 ? No technical strategy.
Reason:
if the price can only go up or dw, results 50-50% chances for any direction.
But with RR1:2, everytime you win you get paid double and everytime you lose, you drop just one.
...comments?
Member
- #1,098,519
- Mar 23, 2017 12:40am Mar 23, 2017 12:40am
- Joined Sep 2013 | Status: boreddddd | 3,137 Posts
{quote} Sakis sorry to bother you non-stop man, I care about your views on JPY pairs alot you know that. What did you mean? You target only 111.30-111.60??
Missed the short there but took some lower scalp ones below 111.35.
- #1,098,520
- Mar 23, 2017 12:40am Mar 23, 2017 12:40am
- | Joined Jul 2007 | Status: Candle Chartist | 280 Posts
{quote} Excuse me bothering... What about random entries and RR 1:2 ? No technical strategy. Reason: if the price can only go up or dw, results 50-50% chances for any direction. But with RR1:2, everytime you win you get paid double and everytime you lose, you drop just one. ...comments?
I am not familiar with "random entries". Please explain
RR is next step, to see if trade is worth taking.