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  • #1,113,541
  • May 30, 2017 2:15pm May 30, 2017 2:15pm
Quoting SnaveForex
{quote} Well said Ata.. as always. too early to call for me. mid week we see what brews
Thanks bro.. true.. time will show.. greetings to Canada..

Inserted Video


Stay Green
Focus only on what truly matters!
  • #1,113,542
  • May 30, 2017 2:21pm May 30, 2017 2:21pm
Quoting Dmcdmc
{quote} You're insane.
What's your reasoning? Where's your entry exit and stop loss on this call?
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Founder of Sutherland Wave Principle
  • #1,113,543
  • May 30, 2017 2:35pm May 30, 2017 2:35pm
Buy only, not sell for this level.
  • #1,113,544
  • May 30, 2017 2:39pm May 30, 2017 2:39pm
Someone else tired of bulls too?
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,113,545
  • May 30, 2017 2:49pm May 30, 2017 2:49pm
is there a trusted broker for usa that has higher leverage than 1:50... i am starting with a small amount to fully understand the market. im not doing bad im in profit but its so hard to make profit with such small leverage. i started with $180 2 weeks ago and im at $230 after 2 weeks. currently using OANDA. thank you in advance for any support
  • #1,113,546
  • May 30, 2017 2:58pm May 30, 2017 2:58pm
Quoting NotAtrader
Someone else tired of bulls too?
Get some red bull.. is good for tiredness.. and also gives you wings

Stay Green
Focus only on what truly matters!
  • #1,113,547
  • May 30, 2017 3:04pm May 30, 2017 3:04pm
Quoting imwim
{quote} I use a fractal value (market cycle) to find the target, together with the custom Renko chart build with this particular fractal value. And my TP = 4.39827 * SL.


I did look at the fractal indicator and was severely disappointed. It's doesn't relate to the bigger fractal Story that is the market cycle.
Notes from the investopedia article about this fractal indicator http://www.investopedia.com/articles...6/fractals.asp
My comments in bold:
Fractals essentially break down larger trends into extremely simple and predictable reversal patterns. ( It puts a arrow at all the peaks and dips)
A recurring patterns that can predict reversals among larger, more chaotic price movements. (recurring symmetrical signal at tops and bottoms)
It's looking for symmetry, and nothing to do with fractals as I understand them. This indicator Looks for a high or low with two lows or highs either side at equal distance from the high.
the primary drawback to this system is the large swings that take place.
It's a lagging indicator and therefore reactionary the reason already started an was not known. May correlate to a fib level. The trick is to know why that fib level is coming and be there already.
They identify Peaks but there is a fractal arrow at every peak and dip.. Used in conjunction with other indicators i.e FIB can be useful for a lagged reactionary trading reversal signal.
Founder of Sutherland Wave Principle
  • #1,113,548
  • May 30, 2017 3:07pm May 30, 2017 3:07pm
Quoting Ata-Turkoglu
{quote} Get some red bull.. is good for tiredness.. and also gives you wings Stay Green
Cheers mate
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,113,549
  • Edited 3:24pm May 30, 2017 3:13pm | Edited 3:24pm
Quoting Jrotc1sg
is there a trusted broker for usa that has higher leverage than 1:50... i am starting with a small amount to fully understand the market. im not doing bad im in profit but its so hard to make profit with such small leverage. i started with $180 2 weeks ago and im at $230 after 2 weeks. currently using OANDA. thank you in advance for any support
Same here Oanda, I've never traded such poor leverage in ten years I've never been so restricted as this. I'm getting 30:1 on Euro 0.o And the pace of this market! Any trades in profit just get the life sucked out of them every day with interest. I'm up 280 pips for seven week period account -43%. I'm gonna die before this market moves enough to get made! I might not switch if they give me a bonus lol.

When I was murican I used IBFX (they've shut down)
Founder of Sutherland Wave Principle
  • #1,113,550
  • May 30, 2017 3:22pm May 30, 2017 3:22pm
Quoting suthmo
{quote}Same here Oanda, I've never traded such poor leverage in ten years I've never been so restricted as this. I'm getting 30:1 on Euro 0.o And the pace of this market! Any trades in profit just get the life sucked out of them every day with interest. I'm up 280 pips for seven week period account -43%. I'm gonna die before this market moves enough to get made! I might not switch if they give me a bonus lol.

yea the leverage sucks i would like to find a broker with better leverage.... i found this one ww.tradewisefx.com but it seems to good to be true and not sure about the reviews..
  • #1,113,551
  • May 30, 2017 3:25pm May 30, 2017 3:25pm
Quoting suthmo
{quote}Same here Oanda, I've never traded such poor leverage in ten years I've never been so restricted as this. I'm getting 30:1 on Euro 0.o And the pace of this market! Any trades in profit just get the life sucked out of them every day with interest. I'm up 280 pips for seven week period account -43%. I'm gonna die before this market moves enough to get made! I might not switch if they give me a bonus lol. When I was murican I used IBFX

"I'm up 280 pips for seven week period account -43%"

And you want more leverage? this statement right here tells me that you are leveraging your trades too high. If you had more leverage you would have even less money, or probably no money right now.
  • #1,113,552
  • May 30, 2017 3:31pm May 30, 2017 3:31pm
Quoting bauerjj10
{quote} "I'm up 280 pips for seven week period account -43%" And you want more leverage? this statement right here tells me that you are leveraging your trades too high. If you had more leverage you would have even less money, or probably no money right now.
as of right now i dont have that problem. my account has increased by 20% and my probability of winning the trade is 78% according to fxbook.. now i know thats not to good but for 2 weeks of trading thats not bad.. just very hard to make decent profit using 0.03 per lot.... also i cannot hedge a loosing trade which is a downfall
  • #1,113,553
  • May 30, 2017 3:33pm May 30, 2017 3:33pm
Quoting suthmo
{quote} I did look at the fractal indicator and was severely disappointed. It's doesn't relate to the bigger fractal Story that is the market cyclel.
I don't use the MT4 fractal indicator, but I have build a fractal map/table for any possible price movement, as pairs of impulses and retracements. Very similar to the Mendeleev's Periodic Table.

For example, a cumulated fractal movement of exactly 20 pips = a cumulated impulse of exactly 26.8 pips - a cumulated retracement of exactly 6.8 pips .
I am who I am
  • #1,113,554
  • May 30, 2017 3:34pm May 30, 2017 3:34pm
Quoting Jrotc1sg
{quote} yea the leverage sucks i would like to find a broker with better leverage.... i found this one ww.tradewisefx.com but it seems to good to be true and not sure about the reviews..
I always make a grid listing all the brokers and their offerings to help identify the one that matches my needs.

/Company / leverage /Min deposit /Regulated
/Oanda ..../..Suck......./Great........./.2 Authorities
AVA........../.GREAT...../SUCK........./..4 Authorites/
Founder of Sutherland Wave Principle
  • #1,113,555
  • May 30, 2017 3:36pm May 30, 2017 3:36pm
Quoting suthmo
{quote}I always make a grid listing all the brokers and their offerings to help identify the one that matches my needs. /Company / leverage /Min deposit /Regulated /Oanda ..../..Suck......./Great........./.2 Authorities AVA........../.GREAT...../SUCK........./..4 Authorites/

good idea suthmo. thanks for that advice
  • #1,113,556
  • May 30, 2017 3:52pm May 30, 2017 3:52pm
Sitting at pretty much breakeven (little up) and thinking at this point it is about to/should go down.

But about to get pissed though probably because it keeps resisting ANY downward push... haha.
  • #1,113,557
  • May 30, 2017 3:55pm May 30, 2017 3:55pm
Quoting Jrotc1sg
{quote} as of right now i dont have that problem. my account has increased by 20% and my probability of winning the trade is 78% according to fxbook.. now i know thats not to good but for 2 weeks of trading thats not bad.. just very hard to make decent profit using 0.03 per lot.... also i cannot hedge a loosing trade which is a downfall
Sounds like you're new to trading and very excited that you've been doing so well so far. I was in your position 10 years ago when I started learning these markets. One word of advice I have for you, do not over leverage, you will blow up your account. It is just a matter of time. Over leveraging will make you lots of money when you do well, but when you do take a few losses, it is detrimental to your account and when that happens you can not bounce back because you won't have enough money in your account for margin requirements to place a similar sized trade. Eventually you will learn, and likely the hard way. Do some reading on money management techniques. If Suthmo was using proper money management and leveraging his 280 pips gain would mean he would be in profit, rather than -43%.

Oh and if you are consistently profitable, it wont take long for you to build up that account using proper leverage and money management.
  • #1,113,558
  • May 30, 2017 4:03pm May 30, 2017 4:03pm
Quoting bauerjj10
{quote} Sounds like you're new to trading and very excited that you've been doing so well so far. I was in your position 10 years ago when I started learning these markets. One word of advice I have for you, do not over leverage, you will blow up your account. It is just a matter of time. Over leveraging will make you lots of money when you do well, but when you do take a few losses, it is detrimental to your account and when that happens you can not bounce back because you won't have enough money in your account for margin requirements to place...

yes i love the forex market.. i can honestly sit here and stare at charts all day and not get tired of it. im just trying to find the best method that works for me so for now im just taking $1-5 profits a couple times i left a trade over night and made alittle more. i have encountered a few losses as well but always recovered nicely the following day. try not to let my emotions get in the way. my problem is letting a trade sit. i take my profits way to early but hey profit is profit i guess
  • #1,113,559
  • May 30, 2017 4:14pm May 30, 2017 4:14pm
Quoting suthmo
You may notice 99% of my mistakes we're in gold which swings so far and wide so quickly, an incorrect count is deadly.

how are you trading gold on oanda.. i cannot find it on the mobile app or MT4
  • #1,113,560
  • May 30, 2017 4:14pm May 30, 2017 4:14pm
Quoting Jrotc1sg
is there a trusted broker for usa that has higher leverage than 1:50... i am starting with a small amount to fully understand the market. im not doing bad im in profit but its so hard to make profit with such small leverage. i started with $180 2 weeks ago and im at $230 after 2 weeks. currently using OANDA. thank you in advance for any support
Unfortunately US leverage limit for retail traders are 1:50...but if you are a citizen or a dual citizen of another country outside the USA. Then the leverage could be anywhere between 1:100 some cases 1:1000 I highly recommend you do you're research though...there are some shady brokers out there
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