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Davit replied Dec 24, 2012biggest money killer is developing bias and believing it despite of reality on the charts. Never assume.You don't know lot of X factors that is stored in the future. Regards
EURUSD
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Davit replied Dec 24, 2012by the time it hits 3100 chances of PA going lower is greater!I am sure Washington will avoid FC BS and Euro will retrace which is way overdue. happy holidays
EURUSD
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Davit replied Dec 24, 2012had a great Christmas gift.Shorted both GU and EU from London highs. +180pips
Enjoy your Holidays guys! image image EURUSD
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Davit replied Dec 24, 2012I had a great Christmas gift.Shorted both GU and EU on from London highs. +180pips
Enjoy your Holidays guys!Davit's Confluence Trading
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Davit replied Dec 23, 2012Hi Forexhard and others As you guys can tell I am reading this thread from page 1.Great thread.I really enjoy it. Here is a problem for me that I can't seem to conceptualize and perhaps someone can answer. Forexhard already mentioned that he waits 2 ...
Extracted Thread (per thread starter's request)
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Davit replied Dec 22, 2012Mr.Pip you can always start a thread in Journal on Harmonics where you can discuss freely without feeling constrains of systems. Regards
The Student Handbook
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Davit replied Dec 21, 2012I totally agree with you.One must be able to see basic patterns and know it at heart.Nothing is substitute for knowledge personally gained. Thank you
The Student Handbook
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Davit replied Dec 21, 2012slept and missed 80pips down move on Cable
aghhhhhDavit's Confluence Trading
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Davit replied Dec 21, 2012Thanks for the great inputs.I am "hooked" now. Regards
Davit's Confluence Trading
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Davit replied Dec 21, 2012After 3hrs of trading miniscule +8.5pip gain.I am done for this YEAR! Happy trading everyone. Happy Christmas and New year.
Just a side-note looking at my volume it becomes obvious that they are large pool of buyers ready to enter the market.I ...Another simple system - Time-Frame 15
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Davit replied Dec 21, 2012PA was ranging.You just got a typical price fluctuations from lock of liquidity.There is just not enough volume to push the price down.Maybe in NY open but not now. Regards.
Simple Money Making Method
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Davit replied Dec 21, 2012could you be more specific please.For seeing chart clear it would be great if only EMA's show that way we can see better. Your trade.Sold? bought? what number?
Simple Money Making Method
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Davit replied Dec 21, 2012My thought process on GU tonight I will look for shorts at 61.8 Fib retrace at 6270 I believe London will take it there before finally heading south.Or it could go even earlier fib number 38.2 is hitting at 50EMA and 200EMA a strong confluence at ...
Another simple system - Time-Frame 15
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Davit replied Dec 21, 2012Hi Vantage Yes you are correct I saw 2 indecisive candles plus 38.2 Fib confluence and placed my order for short.I was confidant that price will retrace back hence didn't bail out when it went up a little more before turning south. In retrospect I ...
Another simple system - Time-Frame 15
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Davit replied Dec 20, 2012Trade was based on Price Action and fib retrace. GU+32pips I would of let it run more but we got important news release on GU tonight and did not want to risk losing the gains.
Another simple system - Time-Frame 15
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Davit replied Dec 20, 2012I am fascinated by Harmonics and was wondering if GU does fall into this pattern and if not why not? I am seeing bearish pattern but again I am a beginner in Harmonics
The Student Handbook
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Davit replied Dec 20, 2012Mr.Pip Thanks for taking your time and explaining. When trading your own what TF chart you asses Fib harmonics importance.1hr?4hr?Daily?weekly? Logically I assume if swing trader daily should be a solid choice but I don't like assuming. If you know ...
Davit's Confluence Trading
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Davit replied Dec 20, 2012The power of Fibonacci 61.8 Both retraced on a dime.
Another simple system - Time-Frame 15
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Davit replied Dec 20, 2012Asia is certainly bearish tonight.I am holding off on GU and Euro for possible last rally up at London open before plummeting back at least 150 pips. We got unprecedented 300+pip up moves without any corrective move.. My guess is once Washington ...
Another simple system - Time-Frame 15
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Davit replied Dec 20, 2012both my accounts are same 8833 MB trading and Oanda.I had found many longer spikes on Oanda before but never on MB trading.My main account is MBtrading.Oanda is a test mule
Another simple system - Time-Frame 15