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  • #1,113,501
  • May 30, 2017 9:02am May 30, 2017 9:02am
Quoting jmmn
{quote} I am short since post 1112668, but it is true that something very curious is happening. Euro zone and German data today was bad. USA data today was good. But euro does not fall as it should... Someone wants the euro up and, even though it is little by little coming down, it does not do it with enough strength... Any thoughts? I am very surprised!
You should trade what you see and not what you think, thats how you get into -60 pip position. The ECB news today was far more significant and if anything, someone is keeping USD up even though it is the weakest currency at this moment. Just look at UJ.
  • #1,113,502
  • May 30, 2017 9:12am May 30, 2017 9:12am
I opened a long position after it bounced off from 1.1110, which was the (MA)89 indicator on the four-hour time-frame. The pair will likely test 1.1230 - 1.1250 again.
  • #1,113,503
  • May 30, 2017 9:14am May 30, 2017 9:14am
Quoting james1254
I opened a long position after it bounced off from 1.1110, which was the (MA)89 indicator on the four-hour time-frame. The pair will likely test 1.1230 - 1.1250 again.
See you soon below 1.11
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #1,113,504
  • May 30, 2017 9:14am May 30, 2017 9:14am
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 647 Posts
[quote=mades;9924371]{quote} You should trade what you see and not what you think...

That is completely correct, and that is why I am short since the post I did mention!!! But a lot of strength for the usd is needed...
  • #1,113,505
  • May 30, 2017 9:18am May 30, 2017 9:18am
[quote=jmmn;9924396]
Quoting mades
{quote} You should trade what you see and not what you think... That is completely correct, and that is why I am short since the post I did mention!!!
Wrong. You have to trade what you DON'T SEE.
Everyone is trading what he/she sees, but 90+ % of all traders lose.
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #1,113,506
  • May 30, 2017 9:20am May 30, 2017 9:20am
Fly to my target, bear!! Grow wings and fly!!
I wanna be a billionaire so freaking bad!
  • #1,113,507
  • May 30, 2017 9:23am May 30, 2017 9:23am
Quoting thirdforex
Fly to my target, bear!! Grow wings and fly!!
If bear flies, it will drop its sh!t from high altitude right on the head of a bull
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #1,113,508
  • May 30, 2017 9:26am May 30, 2017 9:26am
Quoting lakhan
{quote} s gu 28818 sl 10 s au 74600 sl 10
Uj l 110.730 sl 10.
  • #1,113,509
  • May 30, 2017 9:28am May 30, 2017 9:28am
Quoting Montrealer
Wrong. You have to trade what you DON'T SEE. Everyone is trading what he/she sees, but 90+ % of all traders lose.
Only those who know can trade what they don't see. And that is not you nor me.

You are mistaking the "following the price" trading with "I believe it will go this or that way". You obviously belong to the believer category, your strong bearish sentiment confirms that.
  • #1,113,510
  • May 30, 2017 9:32am May 30, 2017 9:32am
Quoting mades
{quote} Only those who know can trade what they don't see. And that is not you nor me. You are mistaking the "following the price" trading with "I believe it will go this or that way". You obviously belong to the believer category. Your strong bearish sentiment confirms that.
I know. Euro 1.08 first target, 1.02 second, 0.92 third one.
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #1,113,511
  • May 30, 2017 9:32am May 30, 2017 9:32am
Quoting Montrealer
{quote} Another nonsense. Have you already earned a house by trading Fibonacci levels? Forex market is a combination of someone's anger, fear, ambition, ego, etc.. You must be able to trade those things.
fib levels govern the universe and the market

there is always a retrace to the 62% level and people buy to make lots of money
Don't Worry Be Happy
  • #1,113,512
  • May 30, 2017 9:35am May 30, 2017 9:35am
GBP @ 50% another extension is about to occur.
Founder of Sutherland Wave Principle
  • #1,113,513
  • May 30, 2017 9:37am May 30, 2017 9:37am
Quoting MrPresident
{quote} fib levels govern the universe and the market there is always a retrace to the 62% level and people buy to make lots of money
Then what are you doing on FF? Run, calculate Fibo levels and become a billionaire! Otherwise you state a BS. People invent all sort of BS, but only true inventions work like cars, planes, i-Pones etc...
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #1,113,514
  • May 30, 2017 9:38am May 30, 2017 9:38am
Quoting Montrealer
{quote} I know. Euro 1.08 first target, 1.02 second, 0.92 third one.
I like ur targets. My portfolio will be so happy if thats what happens
  • #1,113,515
  • May 30, 2017 9:41am May 30, 2017 9:41am
Quoting Montrealer
{quote} I know. Euro 1.08 first target, 1.02 second, 0.92 third one.
You know jack shit.
  • #1,113,516
  • May 30, 2017 9:44am May 30, 2017 9:44am
Quoting Montrealer
{quote} Then what are you doing on FF? Run, calculate Fibo levels and become a billionaire! Otherwise you state a BS. People invent all sort of BS, but only true inventions work like cars, planes, i-Pones etc...
it works for me because I drew fib levels recently on the EUR/JPY chart

now I'm in profit because I sold off the level

same thing is possible in EUR/USD if you draw it from the highest high to the lowest low on your chart
Don't Worry Be Happy
  • #1,113,517
  • May 30, 2017 9:48am May 30, 2017 9:48am
Quoting MrPresident
{quote} fib levels govern the universe and the market there is always a retrace to the 62% level and people buy to make lots of money
A joke for you. A young, junior Forex trader approaches an old/experienced trader who always win with a question.
- How do you guess, where the price is going?
- Listen, boy. When I wake up in the morning and my penis is on the left side, this day I'm SHORT. If my penis is on the right - I'm LONG.
- What if your penis is standing straight?
- The time it was straight, I was young like you and wasn't trading!
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #1,113,518
  • May 30, 2017 9:50am May 30, 2017 9:50am
Quoting Montrealer
{quote} Another nonsense. Have you already earned a house by trading Fibonacci levels? Forex market is a combination of someone's anger, fear, ambition, ego, etc.. You must be able to trade those things.
please remember you can ration anger,fear,ambition,ego etc. All you have to do is to organize your life in orderly fashion. Math or a system organizes things into a clearer perspective. That way you see things clearer and fear nothing except your self. When you're blind, you fear falling, crashing, crossing the street, zipping/unzipping your pants, puting your penis into a wrong vagina (dog's vagina) instead a healthy lady's vagina etc.
This is not investment/trading advise. Will not hold accountable for loss
  • #1,113,519
  • May 30, 2017 9:59am May 30, 2017 9:59am
Quoting Genimi
{quote} i only hedge when im over leveraged because its very stressing in my current situation i can wait ad infinitum because im receiving swap
True. Very stressing...
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,113,520
  • May 30, 2017 10:06am May 30, 2017 10:06am
Without the proper sequencing with the current way we are taught to use fib, is pure guesswork (I know some people know half the story on this but hardly ever talk if it.) We make a general idea that it typically reaches 61.8% but there's so much more to the story.. The fibs come in a sequence and their targets are specific and identifiable. They can be dictated by elements near or far away. Sometimes they are dictated only by their position within the overall cycle.
I have mapped the entire retrace sequence throughout the whole cycle... I know what dictates every single retrace in the cycle..
Founder of Sutherland Wave Principle
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