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5 years and still no strategy

  • #2,301
  • May 31, 2017 11:21am May 31, 2017 11:21am
As GARRYV mentioned, if you look at some fundies like he suggested, you can get a heads up for the long term. At least keep an eye on exports, or some sort of flows like the currency indexes, usdx, eurx, etc to get an idea even shorter term which parking lots currencies are being dumped into. When you pull the trigger on these entries, at least you have an objective bias presented to you, which eases your mind about drawdowns as your confidence on being on the right side of trade is high.
  • #2,302
  • May 31, 2017 3:22pm May 31, 2017 3:22pm
Looks to me like you found your groove.......
  • #2,303
  • May 31, 2017 4:33pm May 31, 2017 4:33pm
Stop blabbing and start trading. LONG UJ is a possibility in asia today. Gee if only u knew how to trade 2:1 very possible. Most of you guys seem investors not traders. If you hold overnight or even over sessions then youre an investor.
  • #2,304
  • May 31, 2017 4:50pm May 31, 2017 4:50pm
Quoting WolGod
Stop blabbing and start trading. LONG UJ is a possibility in asia today. Gee if only u knew how to trade 2:1 very possible. Most of you guys seem investors not traders. If you hold overnight or even over sessions then youre an investor.
What?
If you are good at something, never do it for free--Joker
  • #2,305
  • May 31, 2017 6:10pm May 31, 2017 6:10pm
Quoting VEEFX
{quote} The "God" has spoken LOL
that he did.
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  • #2,306
  • Jun 1, 2017 2:17am Jun 1, 2017 2:17am
Discretionary trading or fully automated?
  • #2,307
  • Jun 1, 2017 5:28am Jun 1, 2017 5:28am
Quoting WolGod
{quote} that he did. {image}
Took literally almost same trade signal, yours a bar earlier on a lower TF

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Read in between the price!!!
  • #2,308
  • Jun 1, 2017 5:50am Jun 1, 2017 5:50am
Great minds and all that...
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  • #2,309
  • Jun 1, 2017 6:30am Jun 1, 2017 6:30am
Quoting WolGod
{image} i love forex. Very lucky to have been taught how and why. There is NOTHING random about markets. NOTHING.
If the market were not random it would not function.
  • #2,310
  • Jun 1, 2017 6:41am Jun 1, 2017 6:41am
Quoting WolGod
{image} i love forex. Very lucky to have been taught how and why. There is NOTHING random about markets. NOTHING.
quite a mediocre return unfortunately
  • #2,311
  • Jun 1, 2017 7:32am Jun 1, 2017 7:32am
Quoting Mingary
{quote} If the market were not random it would not function.
Show me randomness on a chart please?
  • #2,312
  • Jun 1, 2017 8:00am Jun 1, 2017 8:00am
Quoting WolGod
{quote} Show me randomness on a chart please?
Your assignment:

1) throw a coin
face = up
tail = down
Write it down

2) pick a forex chart, any of them, any time frame, but must be a line chart of course.
3) remove any labels and ask anyone to pick the coin chart and the forex chart

4) enjoy the result
  • #2,313
  • Jun 1, 2017 8:06am Jun 1, 2017 8:06am
Quoting Fader123
Great minds and all that... {image}
Did you also take the AU short? If you did we should link up, could be my long lost twin lol
Read in between the price!!!
  • #2,314
  • Jun 1, 2017 8:32am Jun 1, 2017 8:32am
Quoting calebfx
{quote} Did you also take the AU short? If you did we should link up, could be my long lost twin lol
Hi - Was that the one last night- if it was I missed it.
I saw London traders jumped on it - on the open after the pull back during the Asian session
  • #2,315
  • Jun 1, 2017 9:16am Jun 1, 2017 9:16am
Quoting calebfx
{quote} Took literally almost same trade signal, yours a bar earlier on a lower TF {image}
you dont trade on renko anymore ?
  • #2,316
  • Jun 1, 2017 11:01am Jun 1, 2017 11:01am
Quoting nealpek
{quote} I agree, it's really difficult. After "i've been there done that", staring at charts with ferocious intensity, and scared of every tick up and down, staring at a DOM watching it inch up or down, time and sales, etc, something was wrong with the lifestyle I chose. I was now missing family time, wife was on my back blah blah. I then realized there had to be a simpler way of breaking down the vast and infinite amount of data and numbers being thrown at me and went counter to many "good traders" on these threads, who say they don't need charts...
If only you can trade the daily candlestick, using the weekly to follow up. Nothing is wrong with life style you have chosen. Learn how to trade the daily candlestick and you don't need to get hooked to screen and missing your family and all that. Just advice please.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -50.1%
  • #2,317
  • Jun 2, 2017 1:03am Jun 2, 2017 1:03am
Quoting Fader123
{quote} Hi - Was that the one last night- if it was I missed it. I saw London traders jumped on it - on the open after the pull back during the Asian session
Hey mate yea the short during London, I also shorted the EurUsd.
AU Short
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There is another short I missed which would most like get to 0.73770 for a 1:1 RR and if those shorting have a lil momentum it could get to 0.73725 before the BULLS take over. Or we could see AU go lower for an extra 50 pips more.
Read in between the price!!!
  • #2,318
  • Jun 2, 2017 1:04am Jun 2, 2017 1:04am
Quoting metta87
{quote} you dont trade on renko anymore ?
I do on the DAX.
Read in between the price!!!
  • #2,319
  • Jun 2, 2017 4:06am Jun 2, 2017 4:06am
Quoting calebfx
{quote} Hey mate yea the short during London, I also shorted the EurUsd. AU Short {image} There is another short I missed which would most like get to 0.73770 for a 1:1 RR and if those shorting have a lil momentum it could get to 0.73725 before the BULLS take over. Or we could see AU go lower for an extra 50 pips more.
Told ya.

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Read in between the price!!!
  • #2,320
  • Jun 2, 2017 4:19am Jun 2, 2017 4:19am
Quoting calebfx
{quote} Told ya. {image}
good call calebfx!
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