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  • #1,099,201
  • Mar 25, 2017 4:11pm Mar 25, 2017 4:11pm
yes that's the reason i said its my mistake but even i m small trader so sometime fear comes when market is opposite to ur trade and human behaviour is he get confuse and see what other r doing.
that's the reason we have lots of viewer here
the day i recover my this emotional problemi i will b not available here till then we enjoy the thread together
IF U DONT KNOW DOES NOT MEAN IT DOES NOT EXIST
  • #1,099,202
  • Mar 25, 2017 4:13pm Mar 25, 2017 4:13pm
Quoting Don96
{quote} well if you are targeting 1.05xxx then you need to compare your analysis to people who are targetting similar/opposites... most of the post here is junk (in terms of people telling you what to do or where they have traded after the fact) the point is don't read here and change your mind... there are more people here losing than winning... also most people are trading on small timeframes with large timeframe targets and small timeframe stops... also usually resulting in losses... finally people will switch their positions very...
All truer statement has never been uttered.
Que
  • #1,099,203
  • Mar 25, 2017 4:15pm Mar 25, 2017 4:15pm
Quoting Not-KPMG
{quote} Yeah. Longs may be finished. Some triple top... What about stock markets??. Dipping a little. OK. What is interesting is that Dollar jumped. Does it jump because people are relieved that Trumpy has some reins now?? Does it mean the E/U top is reached, and with all FED speak we can sell E?? 1.0798 at close. Expect a spike and sell?? 0840 got a trendline. 0825 some channel. Ideas?
sry. I don't trade stocks, so I have no opinion.
on EURUSD; I'd wait for a while. Possibly pullback from s/r and after that, thrue or new lows.
Wait for clear signal and enjoy the ride!
https://www.youtube.com/playlist?lis...fezXNWmQik-vDs
I know the secret...
  • #1,099,204
  • Mar 25, 2017 4:18pm Mar 25, 2017 4:18pm
plz dont take me other way(as me not good in english) i m just sharing what idiotic thing i done as i feel very friendly participants r here.
nothing serious, i lose 1800$ in last 2days .but good part i lose 1800 out of 1900 which i make in first 3days.
IF U DONT KNOW DOES NOT MEAN IT DOES NOT EXIST
  • #1,099,205
  • Mar 25, 2017 4:32pm Mar 25, 2017 4:32pm
Quoting fasttrade1
yes that's the reason i said its my mistake but even i m small trader so sometime fear comes when market is opposite to ur trade and human behaviour is he get confuse and see what other r doing. that's the reason we have lots of viewer here the day i recover my this emotional problemi i will b not available here till then we enjoy the thread together
you have x as your stop the fear of losing is probably because you are risking too much or cant afford to lose what you are risking...

i will enter at my level (for example on Friday) with no fear because my stop is there and its the worst that can happen, -x. i had 3 losers in a row at -2% each... fear? nope... i finished the week 12-6... i considered that day an anomaly, EU did 100 pips+ in the day

the stop is in place, just take the trade... if your win% is more than 55% at 1:1 and you take 100 trades a month your doing 5% a month... squeeze in an extra 1% and your doubling your account each year... that's without talking about 1:2/3/4/5+ RR i like 10+... it satisfies me more but that's just me. 5 losers 1 winner 50 losers 10 winners, its the same.,, 5 trades =-5% 1 winner =10% min... same all... that is usually minimum...

find what works for you...
  • #1,099,206
  • Mar 25, 2017 4:34pm Mar 25, 2017 4:34pm
Quoting fasttrade1
plz dont take me other way(as me not good in english) i m just sharing what idiotic thing i done as i feel very friendly participants r here. nothing serious, i lose 1800$ in last 2days .but good part i lose 1800 out of 1900 which i make in first 3days.
been there done that, many if not all have. continue or collapse and find something else... how many successful people gave up because they lost EVERYTHING...
  • #1,099,207
  • Mar 25, 2017 4:54pm Mar 25, 2017 4:54pm
Quoting Don96
{quote} been there done that, many if not all have. continue or collapse and find something else... how many successful people gave up because they lost EVERYTHING...
I am not sure I would call that "giving up."
Girl-In-Pigtails
  • #1,099,208
  • Mar 25, 2017 5:20pm Mar 25, 2017 5:20pm
Quoting CannonScout
Wouldn't, theoretically, divergence and momentum indicators be identifiable in the price? I mean (p.s I'm a moron) as these indicators are BASED on price, why not just skip the indicator altogether? Just a thought.
You can see divergence and momentum strength by looking at price.
It's in fear when people show what they truly value.
  • #1,099,209
  • Mar 25, 2017 5:22pm Mar 25, 2017 5:22pm
ok lets w8 for German data
  • #1,099,210
  • Mar 25, 2017 5:49pm Mar 25, 2017 5:49pm
My take for next few days . . .
I went short before the cls on Fri. I consider it a mistake , changed my mind and will exit on Sunday at opening.

I will go long aiming at 1.08 73+ SL 1.07 59 . If hit I will consider it a shorting signal, too.

I believe Mo. will be a toping date .

$JY : I believe we have seen a good low at 110.60 I think we ll see a divergence in E. and JY

E. making new highs and $JY not making new lows . If this does happen , then we will face a most interesting situation late Mo.

Take care , stay alert .
  • #1,099,211
  • Edited 7:10pm Mar 25, 2017 6:54pm | Edited 7:10pm
Quoting pkimnyc
{quote} that's your opinion. not really interested posting charts again. besides, don't we have enough charts anyway? they all same thing. only difference is how you read, when, and where to pull the trigger. only prediction i would rely on is where momentum points. thats all.

Quoting Don96
{quote} again the momentum indicator... considering momentum is not directly applicable, i will put it like this. if price is dropping 100 pips quickly... the 'momentum' for most seems quite strong going down... it only takes one level to completely reverse that move quickly... where did all the so called momentum go? how could one tell that momentum has died so quickly... they can't. therefore this 'momentum' word being thrown around everywhere seems complete nonsense, unless i am missing something... yes macd etc can be used to see where there...

News just acts as catalyst. catalyst speedup reactions. I don't think pkimnyc trade the news per say. imo. news drives prices to support and resistance levels to take action. Momentum = trend.

imho...to each their own. sticking to your strategy and what works well is your bet.

Way over a decade of trading and messing with various and finding what works for me , imo MACD's are fond of showing a divergence in disguise which are really worthless eventually in short term price consolidation and indecisions,
  • #1,099,212
  • Mar 25, 2017 7:28pm Mar 25, 2017 7:28pm
Quoting SnaveForex
{quote} {quote} News just acts as catalyst. catalyst speedup reactions. I don't think pkimnyc trade the news per say. imo. news drives prices to support and resistance levels to take action. Momentum = trend. imho...to each their own. sticking to your strategy and what works well is your bet. Way over a decade of trading and messing with various and finding what works for me , imo MACD's are fond of showing a divergence in disguise which are really worthless eventually in short term price consolidation and indecisions,
bingo. finally somebody gets it.
well spoken mate, sticking to ones own strategy and what works well.
thank you.
  • #1,099,213
  • Mar 25, 2017 7:55pm Mar 25, 2017 7:55pm
Quoting Teek
See the Divergence in your chart Don? I do Good night, funny people. Have a good one
Good night！
  • #1,099,214
  • Mar 25, 2017 8:09pm Mar 25, 2017 8:09pm
macd. it may indicates and lags (to some), but it's been far better and accurate than most posters calling out bulls or bears here.
that's why i keep em. Final strike most times is the candles. know how to read em. they are beautiful thing. again, that's just me.
  • #1,099,215
  • Mar 25, 2017 8:53pm Mar 25, 2017 8:53pm
Quoting pkimnyc
macd. it may indicates and lags (to some), but it's been far better and accurate than most posters calling out bulls or bears here. that's why i keep em. Final strike most times is the candles. know how to read em. they are beautiful thing. again, that's just me.
But how do you read the candles? I keep trying but they never form any words on my chart.
  • #1,099,216
  • Mar 25, 2017 9:06pm Mar 25, 2017 9:06pm
Quoting tstivers
{quote} But how do you read the candles? I keep trying but they never form any words on my chart.
you can look up steve nison for starter.
or ask any naked chart guys, they should know better.
shit... i hope i don't start another war with candle sticks topic now...
  • #1,099,217
  • Mar 25, 2017 9:26pm Mar 25, 2017 9:26pm
Quoting tstivers
{quote} But how do you read the candles? I keep trying but they never form any words on my chart.
Here is an insight into price action. In addition to this take into consideration the highs, lows opens and most importantly closes.
Higher Highs and Lower low, the trend that is

Inserted Video
  • #1,099,218
  • Edited 10:49pm Mar 25, 2017 9:42pm | Edited 10:49pm
Quoting Angelina
{quote} Can you give me this kind of pic? {image}
Something doesn't match... The maximum limits for amount of profit withdrawals cannot be greater than Realized P&L: $725.00, less than 3 pips in profit for 25 std lots.
I am who I am
  • #1,099,219
  • Mar 25, 2017 11:58pm Mar 25, 2017 11:58pm
We can probably expect that 1.0740 will be touched in future where is possible buy can be considered (however it doesn’t look obvious), for now divergence detected for H4 time frame. High chance that bullish tendency will be continued, next level is 1.0860.
  • #1,099,220
  • Mar 26, 2017 12:40am Mar 26, 2017 12:40am
Quoting pkimnyc
{quote} you can look up steve nison for starter. or ask any naked chart guys, they should know better. shit... i hope i don't start another war with candle sticks topic now...
I mean I understand engulfing candles, pin-bars, reading candles to figure out whether bulls or bears have control over the market at a given time. But I find it limited in its ability to help me trade. Engulfing candles quickly turn around and prove false. Pin bars pretty reliably lie to me. And figuring out whether bulls or bears have control can only really be done after you have a few candles. And at that point the movement is already over and any room for profit seems to have already passed.

So what am I missing?
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