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  • #1,112,461
  • May 24, 2017 11:31pm May 24, 2017 11:31pm
Quoting Pip-Miner
Pain and loss if your on the incorrect side unfortunately. {image}
Well, really, it just depends how often and for how long you're on the 'wrong' side :-)
"The fun is in the hunt. Not the kill."
  • #1,112,462
  • May 24, 2017 11:35pm May 24, 2017 11:35pm
Quoting Redeflect
{quote} Well, really, it just depends how often and for how long you're on the 'wrong' side :-)
I hope for your sake the trend changes soon before you run out of money.putting more money into a losing position is not best practice if trending and your on the wrong side.
  • #1,112,463
  • May 24, 2017 11:49pm May 24, 2017 11:49pm
Quoting Pip-Miner
{quote} I hope for your sake the trend changes soon before you run out of money.putting more money into a losing position is not best practice if trending and your on the wrong side.
Oh, I am well aware of how it works. But I am also aware that it cannot go up forever and there is a lot of pain right now. I just intend to stick it out until it turns, then, after I've ridden it down for the first dip I'll flip it and go long like all the other crazy individuals.

What does 2 months pay matter if I'll make it all back and some more within the next few months? I'm in no rush. ☺
"The fun is in the hunt. Not the kill."
  • #1,112,464
  • May 24, 2017 11:49pm May 24, 2017 11:49pm
Quoting ruma29
before news {image} target riched {image} My Disclaimer: I do not hold Oxford diploma in micro or macro economics
I never went to school. I was so bad at it that I excelled at many other things.
This is not investment/trading advise. Will not hold accountable for loss
  • #1,112,465
  • May 24, 2017 11:54pm May 24, 2017 11:54pm
Good Morning !

Today's SR levels on MT4 Templates for EURO, CABLE, DAX, USDJPY & EURGBP
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #1,112,466
  • May 25, 2017 12:22am May 25, 2017 12:22am
Quoting jusstin911
I am risking a few % for the upside.. I know there's a lot of room to the upside but we could use a nice retrace to at least 1.10 area for a chance to LONG if it provides one.. Just my thought.. As per usual, I could be wrong {image}
almost there
  • #1,112,467
  • May 25, 2017 12:44am May 25, 2017 12:44am
Quoting Pip-Miner
Pain and loss if your on the incorrect side unfortunately. {image}

Mark Douglas talked about a guy that had such a bad win rate, something like 5?% winrate but was making millions, that 1 / 20 trade that he eventually won was big enough to cover all the losses and then some - like this bullrun.. it will end eventually.. and the bears that stuck with it might get paid haha!

I'm not justifying shorting this rally tho.. i did.. i lost more than enough.. staying away from EU for a while haha.. crazy stuff..

love the pic btw, a picture tells a thousand words "and a thousand tears in this case"
  • #1,112,468
  • May 25, 2017 1:00am May 25, 2017 1:00am
Quoting Connors
{quote} It is in "die zone", shorts are ok for no more than 30-40 pips.1.1230/1.1240 area is done. I am on the sidelines and will be going long if the opportunity presents itself @ 1.1080s or even 1.1160s, otherwise off trading EUR next few days. Waiting for the bundle offer closer to 1.1710s to short.

Oxford graduates post their trades/trade plans 48 hours ahead, not after the fact

Just closed the longs @1.1243 and took a short for 1.1180 and stop 1.1260.
  • #1,112,469
  • May 25, 2017 1:11am May 25, 2017 1:11am
My Intraday Outlook.
(ahead London)

The FOMC document shows the most important part is that rates could go up soon,
but... FOMC would like to see a confirmation in data.
The market percieve that "but" a little dovish and euro was bought.

Intraday resistance:
- 1.1250 - 65 zone + TL;
- 1.1280;
Intraday support:
- 1.1207-20 the weekly-mid zone + the bullish TL;
- 1.1190;
- 1.1170 the top of the main momentum;

EUR/USD bounced on 1.01170 (the top of the last week main bullish move) ...again.
1.1250 can hold the bull for a correction of that bounce
...correction or continuing its bullish momentum started on last week political stuff
and sustained now by a dovish Fed up to new year highs ...we'll see.

Have a good trading day, you all!
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  • #1,112,470
  • May 25, 2017 1:19am May 25, 2017 1:19am
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  • #1,112,471
  • May 25, 2017 1:21am May 25, 2017 1:21am
Is it Friday yet?
Look Sharp/Trade Tight
  • #1,112,472
  • May 25, 2017 1:27am May 25, 2017 1:27am
USDX
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Self discipline It is a practice
  • #1,112,473
  • May 25, 2017 1:33am May 25, 2017 1:33am
wouldn't you know that dropping my short positions reversed the market. I feel like it either happens that way or hits exactly b/e to kick me out and then continues on. smh.
  • #1,112,474
  • May 25, 2017 1:33am May 25, 2017 1:33am
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 647 Posts
Quoting hengdi
{quote} My indicator is simple MA without shift, MA1: 12, MA2: 28, MA3:80 simple to use, when u see MA(12) passing MA(28) up, both of them above MA(80) means uptrande, you should buy when the candle stick close to the the MA 80.
Thanks, Hengdi. What do you mean by "without shift"?
  • #1,112,475
  • May 25, 2017 1:35am May 25, 2017 1:35am
Quoting TudorIoan
My Intraday Outlook. (ahead London) The FOMC document shows the most important part is that rates could go up soon, but... FOMC would like to see a confirmation in data. The market percieve that "but" a little dovish and euro was bought. Intraday resistance: - 1.1250 - 65 zone + TL; - 1.1280; Intraday support: - 1.1207-20 the weekly-mid zone + the bullish TL; - 1.1190; - 1.1170 the top of the main momentum; EUR/USD bounced on 1.01170 (the top of the last week main bullish move) ...again. 1.1250 can hold the bull for a correction of...

Will see how it behaves there, if it is "the level", it can take it to 1.1350s and above. Short atm.
  • #1,112,476
  • May 25, 2017 1:41am May 25, 2017 1:41am
No better way to hit the target first for bull to have an extension over first support down/ simple bull set up at top till crush or ended ! if hold then why not more for more targets after 1.1300 to 1365/1435 etc if not 1.1615 this time ? immediate support & top to watch for actions . take care . fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,112,477
  • May 25, 2017 1:41am May 25, 2017 1:41am
Quoting hengdi
{quote} My indicator is simple MA without shift, MA1: 12, MA2: 28, MA3:80 simple to use, when u see MA(12) passing MA(28) up, both of them above MA(80) means uptrande, you should buy when the candle stick close to the the MA 80.
Thank you.
Now...:
1. How long have you been trading on this system?
2. Can you share the results ?
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  • #1,112,478
  • May 25, 2017 1:43am May 25, 2017 1:43am
Quoting Connors
{quote} Almost. It 25th May 2017 Thursday mate, lots of good things happened on 25th May. See below: May 25 1787 The Constitutional Convention convened in Philadelphia under the leadership of George Washington, in order to establish a new U.S. government. 1925 John...



How is the last point a good thing that happend on 25th of may? xD
  • #1,112,479
  • May 25, 2017 1:48am May 25, 2017 1:48am
Quoting Connors
{quote} Will see how it behaves there, if it is "the level", it can take it to 1.1350s and above. Short atm.
@1.1171 ...and bounce!
Agree.
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  • #1,112,480
  • May 25, 2017 1:54am May 25, 2017 1:54am
Quoting Connors
{quote} Was being sarcastic, never mind.

ahh.. i'm more or less sheldon, from TBBT, with a little bit lower IQ "just a little".. sarcasm and irony does not go hand in hand with me!
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