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(binned per thread starter’s request) Supply and Demand...Volume
Started Sep 2, 2021|Recycle Bin|0 replies
Beginning a new trading journey.
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Winston Reed replied Aug 16, 2021Well I got scammed back in 2008 and this was my intro into FOREX. Had nothing to do with a forum. In fact I didn't even know what a forum was then. Decided to figure things out for myself. Although I'm suspicious of motives also I now just have a ...
Flying Dutchman
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Winston Reed replied Aug 16, 2021Why do you question the motive? Do you think there is commercial interest or something more nefarious?
Flying Dutchman
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Winston Reed replied Aug 16, 2021It's why I have my insignificant TE. It shows all my insignificant trades. I boast of nothing except what is shown by the TE.
Flying Dutchman
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Winston Reed replied Aug 16, 2021Fair enough BW. In the end we all have to go with what works for each of us. I'm not trying to push anything on anyone. I just think anyone saying something works and then boasting with claims of 90% whatever should back it up.
Flying Dutchman
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Winston Reed replied Aug 16, 2021I'm not sure what time/tick frame you're on RM but this 3 minute chart comes fairly close. What you saw was easily seen purely via price action as shown in the chart below. I didn't need an "algo" to see it. In full disclosure I didn't trade this ...
Flying Dutchman
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Winston Reed replied Aug 16, 2021I'm not a fan of yours BW but I have to agree with you on this post. Claims have to be backed up. Otherwise it's all talk.
Flying Dutchman
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Winston Reed replied Aug 15, 2021"I AM A GAMBLER." Sounds like a claim to me.
The brutal truth of day trading
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Winston Reed replied Aug 15, 2021I'm not quite sure where your irrational outburst came from. Guess I hit a nerve. But I'll come back at ya' big man with his own huge ego. I'm merely making a not so subtle point that there is a difference between gambling and speculation. Trading ...
The brutal truth of day trading
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Winston Reed replied Aug 15, 2021Obviously the intellectual gift of discernment alludes some if not many. The ability to discern the difference between speculation and gambling is important. Indifference to the distinctions that separate the two is likely to affect your approach to ...
The brutal truth of day trading
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Winston Reed replied Aug 13, 2021GBPUSD 60 minute GBPUSD on this time frame had been trending down as notated. The New High took out the last downswing of the down trend suggesting the possibility of a new uptrend. It hit a well defined supply area. This resulted in price coming ...
(binned per thread starter’s request) Trading with the Blues?
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Winston Reed replied Aug 13, 2021Trading based on a thorough understanding of trends can simplify a trading strategy. This is because despite the suggestion that trends are subjective the fact is they are really not subjective but very objective. Objectivity comes by dismissing ...
(binned per thread starter’s request) Trading with the Blues?
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Winston Reed replied Aug 13, 2021Let me partially answer your question by explaining the NZDUSD trade I'm currently in. First I am using the trend at the far right of the chart as shown. HHs and HLs are shown. The HL? signifies that this is not a confirmed HL since we don't yet ...
(binned per thread starter’s request) Trading with the Blues?