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  • #1,117,261
  • Jun 18, 2017 2:02pm Jun 18, 2017 2:02pm
Quoting okshop
{quote} Psychological (forex) Success doesnt come by accident. It comes from consistent hard work in pursuit of a dream. It comes from a passion that drives you and it also comes from constantly and diligently employing some key habits that position you for greatness. This success comes from an innate desire to win. FOREX is by far the hardest and toughest of professions out there! Do you know why?!! Because it evolves you controlling your emotions!!! And it involves controlling your thoughts when youre in the zone and youre down financially. Do...
Superb post! Thank you for taking the time. Useful for everyone at every stage of their trading path!
  • #1,117,262
  • Jun 18, 2017 3:39pm Jun 18, 2017 3:39pm
Quoting okshop
{quote} Psychological (forex) Success doesnt come by accident. It comes from consistent hard work in pursuit of a dream. It comes from a passion that drives you and it also comes from constantly and diligently employing some key habits that position you for greatness. This success comes from an innate desire to win. FOREX is by far the hardest and toughest of professions out there! Do you know why?!! Because it evolves you controlling your emotions!!! And it involves controlling your thoughts when youre in the zone and youre down financially. Do...
Best post, well done.
trading is simple but is simple is not easy.
  • #1,117,263
  • Edited 6:49pm Jun 18, 2017 3:56pm | Edited 6:49pm
Should you be tracking EURAUD this week, consider the following technical perspective.

The pair continued the decline started at the beginning of June. Three weeks ago, price action moved towards the resistance zone around the 1.52878 area but was pushed back. On the weekly time frame, the previous two weeks witnessed a strong bearish move. Last week the bearish move hit the immediate support zone around the 1.47088 area but could not breach it.

On the daily time frame, price action since beginning of June has been under the control of sellers. The most recent price action on Thursday and Friday of last week tested the immediate support zone around 1.47088 area. Should price action breach the zone southward, the initial target is likely to be 1.45692, a minor barrier which may expose the daily support zone around the 1.44636 area. Failure of price action to breach the 1.47088 area is likely to lead to a period of consolidation in that area or a pullback to the immediate resistance around the 1.48820 area.


I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #1,117,264
  • Jun 18, 2017 4:01pm Jun 18, 2017 4:01pm
Seems I was right about 1230. Will see how far it can go
  • #1,117,265
  • Jun 18, 2017 4:03pm Jun 18, 2017 4:03pm
Quoting okshop
{quote} Psychological (forex) Success doesnt come by accident. It comes from consistent hard work in pursuit of a dream. It comes from a passion that drives you and it also comes from constantly and diligently employing some key habits that position you for greatness. This success comes from an innate desire to win. FOREX is by far the hardest and toughest of professions out there! Do you know why?!! Because it evolves you controlling your emotions!!! And it involves controlling your thoughts when youre in the zone and youre down financially. Do...
??? something weird here...from about 5th paragraph down looks familiar...replace gambling with the word, "Trading."
https://kingofmonkies.wordpress.com/...e-in-gambling/
  • #1,117,266
  • Jun 18, 2017 4:06pm Jun 18, 2017 4:06pm
target sighted Daily R3 @1.1281 and Weekly R1 @ 1.1283
  • #1,117,267
  • Jun 18, 2017 4:07pm Jun 18, 2017 4:07pm
What caused that small gap up there?

*On vacation so no computer but curious to know. Election stuff? I think France has something or the other right?
  • #1,117,268
  • Jun 18, 2017 4:07pm Jun 18, 2017 4:07pm
Now KeenPips is suspended.....Why?
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,117,269
  • Jun 18, 2017 4:09pm Jun 18, 2017 4:09pm
Quoting jcash3485
{quote} ??? something weird here...from about 5th paragraph down looks familiar...replace gambling with the word, "Trading." https://kingofmonkies.wordpress.com/...e-in-gambling/
Yes was edited from the article gambling as it has a lot of resemblance towards trading. Take the good points of the article for our approach towards trading
Self discipline It is a practice
  • #1,117,270
  • Jun 18, 2017 4:14pm Jun 18, 2017 4:14pm
Quoting NotAtrader
Now KeenPips is suspended.....Why?
Strange stuff lately.

I noticed some red diamond members (oooo wow red diamond) suddenly have NO diamond including myself. Maybe the Roman emperor KW is going on a rampage.
Pride always comes before destruction.... -Proverbs 16:18
  • #1,117,271
  • Jun 18, 2017 4:16pm Jun 18, 2017 4:16pm
Quoting skillz16
What caused that small gap up there? *On vacation so no computer but curious to know. Election stuff? I think France has something or the other right?
Probably the French parliamentary elections which was as expected but with low turnout I think.
who dares wins
  • #1,117,272
  • Jun 18, 2017 4:18pm Jun 18, 2017 4:18pm
Quoting okshop
{quote} Yes was edited from the article gambling as it has a lot of resemblance towards trading. Take the good points of the article for our approach towards trading
ok, got ya
  • #1,117,273
  • Jun 18, 2017 4:28pm Jun 18, 2017 4:28pm
Quoting Expo33
{quote} Strange stuff lately. I noticed some red diamond members (oooo wow red diamond) suddenly have NO diamond including myself. Maybe the Roman emperor KW is going on a rampage.
I lost my newly found Yellow Diamond. Distraught.
  • #1,117,274
  • Jun 18, 2017 4:28pm Jun 18, 2017 4:28pm
Quoting okshop
{quote} Psychological (forex) Success doesnt come by accident. It comes from consistent hard work in pursuit of a dream. It comes from a passion that drives you and it also comes from constantly and diligently employing some key habits that position you for greatness. This success comes from an innate desire to win.

I only have but one like to give, and by God you deserve it!. Thank you!
  • #1,117,275
  • Jun 18, 2017 4:33pm Jun 18, 2017 4:33pm
Quoting Connors
{quote} He gave your diamond to diana91 Seriously members take the red diamond thing way too seriously, it really isnt that important. copi88,swing123,cspip for instance. They both are much better traders than me and many others here. It is easy to gain it if thats what you care, FF probably needs to come up with a better way to acknowledge traders around here.
Agree.

Just find it comical and infantile how the thread is run, and the site in general. I'm interested in pips, not diamonds.

The point I was making was that the site allows one deranged member to override the requirements for each silly diamond and just basically make up their own scenario. Notice the members who dared to question the great King were cast into the dungeon of no diamond hood and the members who bowed to his majesty have received their new shiny diamond robes
Pride always comes before destruction.... -Proverbs 16:18
  • #1,117,276
  • Jun 18, 2017 4:50pm Jun 18, 2017 4:50pm
Although trade only eurcad lately, I also watch the eurusd movements.
Looking at the eu monthly chart with naked eyes, imo both north and south will still have the same chance to go [Chart 1]… [maybe] pretty odd if it goes south directly, as it usually needs a longer upper wick candle on monthly chart to show up as a confirmation. [Chart 2] but I don’t really mind or care if it should go directly… just do it using the using the cliché: sell high, buy low or buy high, sell higher and vv, with sl and tp included.
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Click to Enlarge Name: eu monthlly.PNG Size: 226 KB
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  • #1,117,277
  • Jun 18, 2017 4:50pm Jun 18, 2017 4:50pm
Quoting Connors
{quote} That's weird I must say and misleading to new comers. But I honestly don't care if a member has a red diamond or not, if he/she posts sth worth reading I try to get from the member as much as I can. Unlike some argue, I meet very good traders here and it is not all shit to me. You just need to avoid the noise.
I don't either.

A trader's merit to me is based on their character and their analysis.
Pride always comes before destruction.... -Proverbs 16:18
  • #1,117,278
  • Edited 5:13pm Jun 18, 2017 5:01pm | Edited 5:13pm
Diamonds mean nothing if you can't prove that you really deserve one. I was seriously confused when I saw red thing next to my name, I know I had the yellow one.

Now, back to the topic, the initial bullish pressure quickly gut extinguished, and we are quickly below 1.12 again after initial gap up, which to me speaks that there are no serious buyers at this point. I have opened a small short at this level, with SL of 20 pips above. TP is at 1.118.

It is 00:00 here, and I will soon have to sleep.
"Don't lose your cool, and you will fare well".
  • #1,117,279
  • Jun 18, 2017 5:02pm Jun 18, 2017 5:02pm
The market ain't moving much yet as traders are still on the road.

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  • #1,117,280
  • Jun 18, 2017 5:07pm Jun 18, 2017 5:07pm
Quoting Connors
{quote} I will try to say this quote to my woman. I am shitless scared to feel the weight of an axe on my head. You will be responsible, blood is on your hands if that happens girl.
Oops, what in the name of god did I just do!?
"Don't lose your cool, and you will fare well".
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