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Davit replied Jan 29, 2013I assume retail traders trade similarly Oanda being a giant one reflect overall sentiment of retail traders. I was just pointing out that often price moves opposite of majority retail traders and majority of retail traders lose in forex... Perhaps ...
EURUSD
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Davit replied Jan 29, 2013Something I have been aware for awhile. Whenever over 60% retail traders take positions PA goes opposite.Its no secret just like casino lot of brokers bet against their clients so Oanda and others clearly see where they are and take a position ...
EURUSD
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Davit replied Jan 29, 2013It will be real cool to see your photo on your profile.Not many female traders here.I like your thinking.I am a big fan of Livermore as well. regards
Crazy day and lost it all
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Davit replied Jan 29, 2013Its relative and I mean sincerely.I trade 2-10% risk depending on circumstance.Let me illustrate as an example. I enter a trade 2% risk and immediately becomes profitable then I move SL to BE and then if the trade goes my way I add another trade but ...
Crazy day and lost it all
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Davit replied Jan 29, 2013reality is winners are minority and very small minority and one must do everything possible to understand their mindset. Its not about "systems" Its how they see the markets and their reactions to them.Its not about 1% 2% 5% risk all that ...
Crazy day and lost it all
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Davit replied Jan 29, 2013Take advise from winners.Ignore all advise from anyone who is NOT profitable. Read "market Wizards" books from pros. This may sound rude but advising someone to be profitable and yet you yourself not is like blind leading the blind.
Crazy day and lost it all
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Davit replied Jan 29, 2013NY is waiting for 10AM CS if negative this baby might touch 3480 if positive beginning of sell off
EURUSD
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Davit replied Jan 29, 2013Had to sleep that was the reason behind my comment but I am impressed that you remember my posts.
Still waiting to see how NY deals with it.NY could surprise.EURUSD
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Davit replied Jan 29, 2013I just hope it does not go south before London.I hate not being in the train
EURUSD
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Davit replied Jan 28, 2013Market does not care about your ego.Let it go and watch the screen.
EURUSD
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Davit replied Jan 28, 2013Just watch how on every pip drop on Euro corresponds same or more on EJ.Don't take my word.Just watch price action. Just trying to warn you of possible financial loss because you got your convictions wrong. Besides EJ is prime target for massive ...
EURUSD
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Davit replied Jan 28, 2013Sorry to hear the loss.I hope it was a minor. My plan is to wait to see if Euro breaks out North from current range or south.EJ only short if Euro drops as well 23 is good number.. Watching both tonight.
Davit's Confluence Trading
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Davit replied Jan 28, 2013That makes no sense.EJ is closely correlated with EU. If you expect EU to drop EJ will drop even faster and deeper.
EURUSD
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Davit replied Jan 28, 2013Expect the big pink elephants to push the price up.Usually the case when there is no red News for Euro.Price has been in consolidation and I expect a break out. I will stay on the sidelines for good spot to short.
EURUSD
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Davit replied Jan 28, 2013Just closed all my shorts +22pips I know you trade Asian.Last night they were selling hard.Wish you continued success.I am heading your way since my job is becoming unbearable but I don't have sufficient account size yet. Regards
From mediocrity to mastery
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Davit replied Jan 28, 2013Hi W99 What I found so far year of trading that any decent system can generate profits.This thread is really great and system is solid. What is challenging is working on mental aspects of trading.Emmanuel many times emphasized that. Lot of traders ...
Another simple system - Time-Frame 15
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Davit replied Jan 28, 2013There is a nice opportunity for short from 3460-50 area to 3430 since market couldn't break up during peak volume time 8-12 then probability PA dropping to 3430 or lower is great specially during Asian secession. Try to divide your regular lot into ...
From mediocrity to mastery
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Davit replied Jan 28, 2013We are in corrective mode. 1st target 38.2 fib if broken 50% next. I would be very cautious of longs now.
EURUSD