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5percent replied Nov 8, 2012in general trading, retracement starts when a base of rejection is formed, as i always mentioned about, i don't try to buy too early nor sell too early, so once a based is formed on about 23.6 when bull is replaced by bear power or , bear is ...
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5percent replied Nov 8, 2012it's like an asia breakout. dollar index reached crucial point of tide change of its own 23.6 and 50sma. Most pairs should be doing major retracement now, after risk sentiment starts to change.
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5percent replied Nov 8, 2012You have to abide a system that's without emotional or so called human's instinct, obey the rules u set and guidelines to follow strictly, a system that have a good mm, rr, dd. Don't think about making money from the Forex Market as a beginner, let ...
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5percent replied Nov 8, 2012price has been facing fundamental hiccups in every attempt to move up, and dump back to support and threaten to move down further. 1.2755 will be near term resistance for now. going higher than 1.2785, we can retrace further back to 1.2825-40 zone.
EURUSD
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5percent replied Nov 8, 2012that's a good one, i also use box for trading. r turn s, s turn r.
Liam and Dave's Trades
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5percent replied Nov 8, 2012its easier to suggest buy stop 1.2785 onwards, since price climbed above the few consolidation moutain over there. If price meant to go down, at least won't trigger the buy stop.
EURUSD
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5percent replied Nov 8, 2012the market is always in a ranging up and ranging down manner within some fibo from point to point hitting important bids/offers, prices go up and down. only until session's volatility and news kicks in to cause a breakout to wherever price is ...
AUD/USD
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5percent replied Nov 7, 2012yes, because every person's target and expectation is different, especially the trader must be decisive to cut and plan where are the possible breakout point, and also be ready to take losses for the one they cut and also be ready to breakeven or ...
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5percent replied Nov 7, 2012possible yes. hedging can also be done. for instance the tradyer can sell 1.0430 and buy 1.0416. and decide to break ties with either one on a good stop loss level that breakout may happen and trail the winning towards be+pip to cover the loss they ...
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5percent replied Nov 7, 2012i don't think there's enough volatility to carry this on at the moment until frankfurt, mean while it's more ranging within these range. the 50sma earlier rejected on hour1, suggesting rejection/lack of bullish strength with selling pressure. still ...
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5percent replied Nov 7, 2012not really, long above 1.0621 area buy stops already in place, these are price actions strategy. If price can go to 1.0621, it gives an extension to challenge 2012 high, which i agree. Still if aud bull wants to go higher, it must conquer the 61.8 ...
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5percent replied Nov 7, 2012This method can be used on any time frame it's to capture the current strength and momentum, if u can interpret the method, then good for anyone
. Don't question why, it's just a probability set up of price action on LIVE RATES no historical ...Aussie Trading Room and Cartoons Gallery
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5percent replied Nov 7, 2012no, i tripped on my buy stop before news on 1.0400, now targeting 1.0445 first. 1.0445 area is the potential target i calculated using box consolidation strength. May or may not be reach, so trailing stop is a must. i will show a chart of how to ...
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5percent replied Nov 7, 2012any hourly close on pa above 1.0427 will be a buying sign for aud/usd. check out 50sma on hour 1,
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5percent replied Nov 7, 2012there used to be similar pattern, but now more or less every price is like on their own, we can have eur falling down, and aud side way or going up even, and gold up and aud go down. gold sustained but eur sell off etc. but usd index is inversely of ...
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5percent replied Nov 7, 2012cool even after 2-3 years of your thread, you are still around. good.
The perfect trading system
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5percent replied Nov 7, 2012every trader have their own PPEE. Personality, Psychology, Emotions and Experience. Through these they develop and grow.
Proof That Ultra Profitable Trading Is Indeed Possible
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5percent replied Nov 7, 2012that should had been the mindset to adopt and build from start
. There's no point to make money by risking your own money everytime to expose your risk for gains.The rich people make money by using other's money. So ye, build a steadiness in your ...Proof That Ultra Profitable Trading Is Indeed Possible
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5percent replied Nov 7, 2012u can try fxjunction or myfxbook or ff's trade explorer. these are good too.
AngelPips 5M scalping system