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Davit replied Dec 6, 2012Hi Khurram Nice name sounds Persian.Trading is simple and complex at the same time.Simple because of price either goes up or down or sideways complex becouse you are the driver and you must overcome your demons. What are some of the demons. Not ...
Another simple system - Time-Frame 15
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Davit replied Dec 6, 2012I am reading a lot lately and came upon this. "95% of the time, Price will close either above or below the opening price. Less than 5% of the time, Price will close at its opening price." Traders who argue that markets are random or markets change ...
Another simple system - Time-Frame 15
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Davit replied Dec 6, 2012place 10ema and 200ema. Both very important floating S/R Notice that strongest trends are when both are going same direction.If price is under 10EMA but above 200EMA then simply wait or practice counter trend towards 200ema then exist. Trends never ...
$500 to $100,000... The Inspiration Thread
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Davit replied Dec 6, 2012Hi guys posting less because reading a lot of this thread. Total pips in 5days +230 pips +90pips on EJ +140 pips on Euro God bless and be patient.
Another simple system - Time-Frame 15
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Davit replied Dec 5, 2012Just because your indi is drawing nice colorful "pivots" does not mean that's what market makers base their decisions.. Always keep in mind that retail traders account only 7% of the liquidity hence are irrelevant. Their color indies are practically ...
EURUSD
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Davit replied Dec 5, 2012Look to short the EJ once it goes 107.90 and up again. Beauty of this pair is it can dive down 70-80 pips while Euro would drop 30% less plus cheap on swap
EURUSD
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Davit replied Dec 5, 2012part of the reason is almost all major countries have the same problems debt etc hence no currency is standing out the pack and that narrows the range.
EURUSD
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Davit replied Dec 5, 2012Translation If 3080 is taken next hourly close then up move has higher probability..for retest 3130 again or higher I am in bear mood so I'll say we touch down 3030 1st then 30 before resumption of up move.
EURUSD
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Davit replied Dec 5, 201250% fib retrace lands on 3000 even. 61.8 fib on 2975 I will close my shorts at 3000
EURUSD
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Davit replied Dec 5, 2012so I assume you are long for 700pips up
Why be conservative perhaps 1.48 even betterEURUSD
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Davit replied Dec 5, 2012feel better after reading you.
I hope you are right. According to Donchian rule (father of trend following) for every 3 move up there is usually 1 corrective down move.EURUSD
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Davit replied Dec 5, 2012I am short heavy since 3030 and not feeling good. I was hoping last gate 3130 for turn back and even that seems uncertain. Its pathetic how a currency which is carried by just one country Germany can have this much strength considering all other ...
EURUSD
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Davit replied Dec 4, 2012Its obvious now. Republicans are fking everything by not agreeing on the budget hence creating uncertainty the "fiscal cliff" and big banks ,hedge funds taking opportunity of this uncertainty to stuff their end of year profit taking. Its a free ride ...
EURUSD
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Davit replied Dec 4, 201270% retail traders are short and still going up.
Goes to show we are just a bait for big fish.EURUSD
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Davit replied Dec 3, 2012just don't let the losers run and you will be fine. You can be 70% wrong and still make money 1 loss -15 pips 2 loss-10pips 3 loss -5pips 4 loss -15 pips 5 loss-10 pips 6 loss -16 pips 7 loss-6 pips 8 win+138pips 9 win+78pips 10win +145 pips Just to ...
EURUSD