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EURUSD

  • #1,110,021
  • May 13, 2017 11:29am May 13, 2017 11:29am
Quoting ill_be_back
{quote} Agree with the GREEN & not with the ORANGE Why go in HOPE & PRAY mode, When you can always re-enter from Higher UP or Lower DOWN
It's psychological. People like to Hope and pray.
  • #1,110,022
  • May 13, 2017 11:32am May 13, 2017 11:32am
Quoting mr.brown
EURUSD 1.1200 {image}
1.10 I see 1.11 maybe 1.12 doubt it. But I can be wrong
  • #1,110,023
  • May 13, 2017 11:35am May 13, 2017 11:35am
prices that are on my watch, new one added in bold and striked ones are hit. the migrating birds will always come back to their nest

EURUSD:
1.051x
1.062x
1.069x
1.085x

EURGPB:
0.836x
0.865x

USDCAD:
1.273x

USDZAR:
13.885x

AUDNZD:
1.040x
1.043x
1.065x

EURCAD:
1.296x
1.433x
Attached Image (click to enlarge)
Click to Enlarge Name: photo-by-tim-white.jpg Size: 96 KB
When life gives you lemons, make lemonade
  • #1,110,024
  • May 13, 2017 12:07pm May 13, 2017 12:07pm
Quoting abdulmosawer
{image}
Yes, pretty. I know. What's the name, who's the artist?
"Don't lose your cool, and you will fare well".
  • #1,110,025
  • May 13, 2017 12:23pm May 13, 2017 12:23pm
The euro has not even entered a similar gap on the daily and weekly bar charts. The top of the gap is near $1.0820, and the euro barely slipped through $1.0840. The euro can rise into the $1.0930-$1.0950 area without improving the outlook. However, a gain through there could signal not simply another run at $1.10, but possibly even the $1.11 area.

So, I am not the only one who thinks that way. Good.
  • #1,110,026
  • May 13, 2017 12:34pm May 13, 2017 12:34pm
Quoting denisius
{quote} If it so what are you doing here? 3 years no profit? Or you just can't put your shit together to make money? Do not need to bring others down with your negativity! I will put simple strategy for you so you can make money; take one one period in the day, few hours particular on any market, like my favorite is Asian market opening hours first 2-3, always jumping up 10-20 pips in most cases. 3 days out of 5 may be. It's just an example, you can pick yours it's 24 hours 5 days a week. Go to bank and loans 50K if you don't[/highlight]...
that's a dumb thing to do and go bankrupt quickly

only trade money that you have available
Don't Worry Be Happy
  • #1,110,027
  • May 13, 2017 12:47pm May 13, 2017 12:47pm
Quoting MrPresident
{quote} that's a dumb thing to do and go bankrupt quickly only trade money that you have available
Why? So if you don't have 50-100k liquid cash but you are well educated trader and have good strategies in place you shouldn't take your chance? It's the same if you use your savings money or you loan it from your parents. If you are dumb you will blow it anyway.
  • #1,110,028
  • May 13, 2017 12:55pm May 13, 2017 12:55pm
Quoting MrPresident
{quote} that's a dumb thing to do and go bankrupt quickly only trade money that you have available

Good money management and proven strategy in place, strong discipline and patience will help you not blow your account and make you profitable trader. And just on top of it how about how about people who open their business and take business loans for it? Forex is business for someone. Hard work will get you somewhere. You are wrong my friend.....
  • #1,110,029
  • May 13, 2017 1:28pm May 13, 2017 1:28pm
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Founder of Sutherland Wave Principle
  • #1,110,030
  • May 13, 2017 1:30pm May 13, 2017 1:30pm
Quoting denisius
{quote} If it so what are you doing here? 3 years no profit? Or you just can't put your shit together to make money? Do not need to bring others down with your negativity! I will put simple strategy for you so you can make money; take one one period in the day, few hours particular on any market, like my favorite is Asian market opening hours first 2-3, always jumping up 10-20 pips in most cases. 3 days out of 5 may be. It's just an example, you can pick yours it's 24 hours 5 days a week. Go to bank and loans 50K if you don't have it on savings....
I agree, that simply displaying negative attitudes towards trading in a forum aimed at helping traders trade better is counterproductive.

As regards to the strategy that You posted I am not in agreement. Simply choosing a time window every day and going long on the open does not guarantee a long term positive result. You wrote about 10-20 pip TP, but didn't mention any SL. Most likely price will not reach it's target most of the time and will trigger SL-s by random short term fluctuations. Perhaps you left out some essential element that would help achieve a consistently positive result with this method, but in it's current form it is a guaranteed negative approach.
  • #1,110,031
  • May 13, 2017 1:54pm May 13, 2017 1:54pm
Quoting denisius
{quote} 1.10 I see 1.11 maybe 1.12 doubt it. But I can be wrong
Am Long from 1.0400 while others were trading parity
WaBaS Where are Buyers and Sellers
  • #1,110,032
  • May 13, 2017 2:06pm May 13, 2017 2:06pm
Quoting Deitreider
{quote} I agree, that simply displaying negative attitudes towards trading in a forum aimed at helping traders trade better is counterproductive. As regards to the strategy that You posted I am not in agreement. Simply choosing a time window every day and going long on the open does not guarantee a long term positive result. You wrote about 10-20 pip TP, but didn't mention any SL. Most likely price will not reach it's target most of the time and will trigger SL-s by random short term fluctuations. Perhaps you left out some essential element that...
The purpose of that post was to show possibilities of profit while following particular strategy or trading pattern. Not to educate person to ground 0 aspects of trading. I have never said that someone has to follow it blindly. I have no purpose here to educate no one . I simply share my thoughts. Will you accept it or deny it it's totally up to you. I had bad days to but I have never said forex is bad idea or something like that. If he doesn't see endless possibilities of profit here then he should find some other source of income for himself. It works for me just fine! I will say more I love this money game !
  • #1,110,033
  • May 13, 2017 2:08pm May 13, 2017 2:08pm
Quoting mr.brown
{quote} Am Long from 1.0400 while others were trading parity
Very good! I can't hold that long. But hope it will get there. Need my 60 pip loss to cover.
  • #1,110,034
  • May 13, 2017 2:14pm May 13, 2017 2:14pm
Quoting Deitreider
{quote} I agree, that simply displaying negative attitudes towards trading in a forum aimed at helping traders trade better is counterproductive. As regards to the strategy that You posted I am not in agreement. Simply choosing a time window every day and going long on the open does not guarantee a long term positive result. You wrote about 10-20 pip TP, but didn't mention any SL. Most likely price will not reach it's target most of the time and will trigger SL-s by random short term fluctuations. Perhaps you left out some essential element that...
And yes of course I cut something out. I have 2gb of prinscreened data from 2008-2014 when I was analyzing just Asian market behavior in that exact time frame. It changed now but back then it was very predictable for sometimes.
  • #1,110,035
  • May 13, 2017 2:14pm May 13, 2017 2:14pm
Quoting denisius
{quote} Very good! I can't hold that long. But hope it will get there. Need my 60 pip loss to cover.
good luck mate
WaBaS Where are Buyers and Sellers
  • #1,110,036
  • May 13, 2017 2:22pm May 13, 2017 2:22pm
Quoting denisius
{quote} The purpose of that post was to show possibilities of profit while following particular strategy or trading pattern. Not to educate person to ground 0 aspects of trading. I have never said that someone has to follow it blindly. I have no purpose here to educate no one . I simply share my thoughts. Will you accept it or deny it it's totally up to you. I had bad days to but I have never said forex is bad idea or something like that. If he doesn't see endless possibilities of profit here then he should find some other source of income for himself....
If you have found a way to make this method work, I can't argue against it. Of course I would ask for how long have you been using this method?

I have traded many many methods that have been profitable for even multiple months, but in the end drawdowns have eroded back all the gains. After years of trying to ignore fundamentals and focusing only on technicals I have found that I need to learn to combine FA & TA in order to become consistently positive.
  • #1,110,037
  • May 13, 2017 2:27pm May 13, 2017 2:27pm
And for those of you here who still on Demo but want to go with real money, before you do that try to open $50 account and make $1000 out of it. Time period doesn't matter. 1 months 1 year whatever. It's annoying as hell but if you can manage it you will have success in this business .
  • #1,110,038
  • May 13, 2017 2:33pm May 13, 2017 2:33pm
Quoting Deitreider
{quote} If you have found a way to make this method work, I can't argue against it. Of course I would ask for how long have you been using this method? I have traded many many methods that have been profitable for even multiple months, but in the end drawdowns have eroded back all the gains. After years of trying to ignore fundamentals and focusing only on technicals I have found that I need to learn to combine FA & TA in order to become consistently positive.
Exactly !!! Just like you I started with technical only. Hated stupid data specially when you don't understand it. And later I have learned how to combine it together, how to separate useful and useless news. And yes none of the strategy works for long periods. But I learned I how to be flexible. Just recently honestly. September 2016 when E dropped and I was still buying it. I posted earlier I managed to get 5-10% profit monthly just recently 2016-2017 . Don't know for how long it will last but for now I am riding this wave!
  • #1,110,039
  • May 13, 2017 2:46pm May 13, 2017 2:46pm
EUR/USD went a bit down this week, but managed to recover. I'm bullish for the week to come!
  • #1,110,040
  • May 13, 2017 3:03pm May 13, 2017 3:03pm
Quoting denisius
{quote} Exactly !!! Just like you I started with technical only. Hated stupid data specially when you don't understand it. And later I have learned how to combine it together, how to separate useful and useless news. And yes none of the strategy works for long periods. But I learned I how to be flexible. Just recently honestly. September 2016 when E dropped and I was still buying it. I posted earlier I managed to get 5-10% profit monthly just recently 2016-2017 . Don't know for how long it will last but for now I am riding this wave!
My last wave ended in March, when I had given back all profits earned since November. Haven't traded larger volume after that, only small money and mostly small losses. But made the decision to come back to this forum, because I see that there are a lot of smart people here sharing ideas that you don't find in books and also to see what is the overall sentiment.
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