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Rag2RichesFX replied Nov 10, 2015weekly breakdown in progress... could fall another 100 pip this week
EURUSD
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Rag2RichesFX replied Nov 10, 2015It's a great pair. The momentum is very strong shorting EM currencies (selling TRY during any dips has been profitable) but I also saw the opportunity to buy TRY in October. Worked out well. Long AU.... I buy low
EURUSD
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Rag2RichesFX replied Nov 10, 2015Because when NFP was 90k over expectations all the market maker algorithms moved their buy limits to low 1.07 area when they were probably placed much higher than that prior to NFP's release. This is typical of NFP and FED/ECB statements but most ...
EURUSD
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Rag2RichesFX replied Nov 10, 2015forgive me if i misunderstand what you are saying when i buy after price falls and sell after price rises, odds appear to be 60-70% to get some pips out of it but when i buy after price rises and sell after price falls, odds to get profit out of the ...
EURUSD
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Rag2RichesFX replied Nov 9, 20150800 is 50% of the 0897 to 0703 drop and also is the weekly support level that was broken looking for one last push there before i take profit on long
EURUSD
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Rag2RichesFX replied Nov 9, 2015Now we are through daily pivot 0777, should go up to weekly pivot 0830
EURUSD
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Rag2RichesFX replied Nov 9, 2015I'm not saying it's not useful I just don't think markets move off of fundamentals alone It's fundamentals, technical, and contrarian retail sentiment... all are necessary to a sound trading plan GL
AUD/USD
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Rag2RichesFX replied Nov 9, 2015if we can get bullish weekly candle (almost had it last week but NFP ruined it) then it would confirm a move back to .7300 is in the cards and possibly higher than that.
AUD/USD
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Rag2RichesFX replied Nov 9, 2015because fundamentals are typically used to fakeout traders, technicals are what matters. seriously if markets were as easy as "these are the fundamentals, trade in the direction of fundamentals and you would make money" then everyone would be filthy ...
AUD/USD
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Rag2RichesFX replied Nov 8, 2015Thanks FerruFX for monitoring this thread for the past years... I don't have the patience for that
Just lost $8k trying to GO FOR IT (6 net winners). Now I think I want to pull all profit and restart I don't have the emotional/mental strength to ...Rags to Riches in 10 or 20 Trades - Simplicity at its finest
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Rag2RichesFX replied Nov 8, 2015EXACT same thing happened to me. It's hard to recover from these. It's funny how I'm fine with $1-2k profit per trade for weeks on end. Then I think, well I'm up big now, let's go for it ($10k risk)... and I lose. NFP really screwed me up. I knew ...
AUD/USD
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Rag2RichesFX replied Nov 8, 2015This EU correction was always in the cards. Whenever price makes a move with no liquidity, it typically corrects back to the previous range.
EURUSD
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Rag2RichesFX replied Nov 8, 2015Depth of market (in BTC not USD) for largest BitCoin exchange (BitFinex)
Bitcoin technical analysis
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Rag2RichesFX replied Nov 8, 2015Could head to $5000 USD on China mass wealth exodus Really that would only be in the $60-$70billion market cap range, completely doable It was a nice ride up from $300 when I entered with a $20 stop. I cashed in already but will be buying dips. ...
Bitcoin technical analysis