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  • #4,341
  • Mar 21, 2014 3:42am Mar 21, 2014 3:42am
Quoting namaus
{quote} TO Mave. Calm down and stay beside. IMO, You should stand outside, not hurry to jump in the market with your emotion. GL.
Thanks for taking time to reply. The thing is the market, more than often, moves in the expected direction ( don't pick on expected) after hitting the sl.
A trade should be based on an assumption based on facts
  • #4,342
  • Mar 21, 2014 3:42am Mar 21, 2014 3:42am
Quoting Mave
{quote} my s/r always get hit.. how do they always get hit.. why do they always get hit

Hey Mave

I suggest you choose one strategy that you understand best

And trade only this strategy

So that any trade you will take will be similar to the previous one

In such a situation there is no way you mistake a lot

Chose

1. buy/sell from pivot to pivot

2. buy from sma300 to sma 200

3. Gartley patterm

4. AB=CD

5. Trend line false break or breakout in the 3time touch

And many more...just chose 1 and trade only it... right it in a paper or some table

I also suggest you for the start to be open all the time only one trade.

GL HF
Nitsan
  • #4,343
  • Mar 21, 2014 3:45am Mar 21, 2014 3:45am
Quoting Mave
{quote} Thanks for taking time to reply. The thing is the market, more than often, moves in the expected direction ( don't pick on expected) after hitting the sl.
i second what nitsan said, have only 1 system, that system will probably have its exit strategy rule, and if that rule was still broken then that means that strategy didnt work then you just move to the next trade.

one trader told me, trading system is like a marriage, if the system doesnt work, you dont file divorce, you find a way to make it work instead!
  • #4,344
  • Mar 21, 2014 3:47am Mar 21, 2014 3:47am
If H1 will close below 1339.25 we could have another low today.
If you do not know who you are, the Forex is the worst place to find you
  • #4,345
  • Mar 21, 2014 3:49am Mar 21, 2014 3:49am
Hi Nitsan Levi,
I've seen the best of tradersnot only make profit at the same time you're teach a lot of things..Thank you very very very much..
  • #4,346
  • Mar 21, 2014 3:55am Mar 21, 2014 3:55am
Quoting skassacomput
If H1 will close below 1339.25 we could have another low today.
More details. pls. What reasons for that case, man???
  • #4,347
  • Mar 21, 2014 3:56am Mar 21, 2014 3:56am
Quoting SoLiD
Hi Nitsan Levi, I've seen the best of tradersnot only make profit at the same time you're teach a lot of things..Thank you very very very much..
Thanks you

I know what it is to lose money so I try to help so people will not have to go through what I went through in the beginning

Or at least they will have a better starting point
  • #4,348
  • Mar 21, 2014 3:58am Mar 21, 2014 3:58am
Quoting namaus
{quote} More details. pls. What reasons for that case, man???
because there is a good static resistance and the SMA64 on H1. We'll see.
If you do not know who you are, the Forex is the worst place to find you
  • #4,349
  • Mar 21, 2014 4:01am Mar 21, 2014 4:01am
Quoting Nitsan_Levi
Hey all UPDATE 15min make Gartley patterm that target 1340 2h sma 400+sma300 also target 1340 So I still think price in the way to 1340 {image}

1340 done ...u just rock...wats next..pls keep updating
  • #4,350
  • Mar 21, 2014 4:04am Mar 21, 2014 4:04am
Quoting Nitsan_Levi
Hey all Update: After sma200 and sma300 fail to up the price...now I give sma400 last chanse to up... there is there also candle patterm "B R B R R" so next bar shold be B (blue). Silver in 8h shold up from sma200+sma300 so it help... I buy...see pic... {image}

Quoting Nitsan_Levi
{quote} Thanks you man! And now something for those who want to learn on SMA Price down down then up and close above sma 32 and sma64 ....then it shold and go to a new low,,,it very nice strategy Now price again up and close above sma 32 and 64...and in the second close above them if there more sma from high time frame Like we have in the 2H chart...price shold get to sma200....to price 1340 ... I dont take it now but just you can see it and learn I add it. {image}

Quoting Nitsan_Levi
Hey all UPDATE 15min make Gartley patterm that target 1340 2h sma 400+sma300 also target 1340 So I still think price in the way to 1340 {image}

Quoting Nitsan_Levi
{quote} Patterm end...we have now AB=CD from the end of the gartley patterm plus sma32 in the 2h So I close all the long in nice profit gl hf {image}
And price get to 1340...you can see the whole process up here ^

I closed a little early in 1338 but still nice

GL HF
Attached Image (click to enlarge)
Click to Enlarge Name: 2014___350.jpg Size: 212 KB
  • #4,351
  • Mar 21, 2014 4:05am Mar 21, 2014 4:05am
FXRAT

Watch the price here
till the US session opens
this could be viewed as the turn
in the market for gold longs

If we get a rejection
this has been a lovely
retrace for shorting opportunities

I'm divided currently but I will
add that dollar index is looking
nicely supported if it holds today
and we get the pull-backs into support
could be nice set ups for next week.

Rat over and out.
rat
  • #4,352
  • Mar 21, 2014 4:06am Mar 21, 2014 4:06am
Quoting Nitsan_Levi
{quote} {quote} {quote} {quote} And price get to 1340...you can see the whole process up here ^ I closed a little early in 1338 but still nice GL HF {image}
right on the dot!
  • #4,353
  • Mar 21, 2014 4:09am Mar 21, 2014 4:09am
Quoting skassacomput
{quote} because there is a good static resistance and the SMA64 on H1. We'll see.

Its look like long will continue...the sma64 in the 1h dont say short...

I dont take this long...but see what the sma + candle stick say...
Attached Image
  • #4,354
  • Mar 21, 2014 4:11am Mar 21, 2014 4:11am
Quoting Nitsan_Levi
{quote} Hey Mave I suggest you choose one strategy that you understand best And trade only this strategy So that any trade you will take will be similar to the previous one In such a situation there is no way you mistake a lot Chose 1. buy/sell from pivot to pivot 2. buy from sma300 to sma 200 3. Gartley patterm 4. AB=CD 5. Trend line false break or breakout in the 3time touch And many more...just chose 1 and trade only it... right it in a paper or some table I also suggest you for the start to be open all the time only one trade. GL HF Nitsan
Hey Nitsan,

hmmm... i get it, should have a strategy and i should not be greedy. I don't have a specific strategy and I'm greedy

Thanks
A trade should be based on an assumption based on facts
  • #4,355
  • Mar 21, 2014 4:17am Mar 21, 2014 4:17am
Quoting golddigger
{quote} i second what nitsan said, have only 1 system, that system will probably have its exit strategy rule, and if that rule was still broken then that means that strategy didnt work then you just move to the next trade. one trader told me, trading system is like a marriage, if the system doesnt work, you dont file divorce, you find a way to make it work instead!
A trade should be based on an assumption based on facts
  • #4,356
  • Mar 21, 2014 4:18am Mar 21, 2014 4:18am
Well done all who took profit (or still holding on that up move).

I took my longs off and now have started rebuilding my shorts.
To live a successful life, we must lose our fear of being wrong
  • #4,357
  • Mar 21, 2014 4:18am Mar 21, 2014 4:18am
Quoting Nitsan_Levi
{quote} Thanks you man! And now something for those who want to learn on SMA Price down down then up and close above sma 32 and sma64 ....then it shold and go to a new low,,,it very nice strategy Now price again up and close above sma 32 and 64...and in the second close above them if there more sma from high time frame Like we have in the 2H chart...price shold get to sma200....to price 1340 ... I dont take it now but just you can see it and learn I add it. {image}
hi nitsan do u ususally place sma 32 and 64 at 15min charts and sma 300 and 200 on 1 hr or daily charts thanks
  • #4,358
  • Mar 21, 2014 4:20am Mar 21, 2014 4:20am
Just asking your comment. I am not good at EW
Like this
Attached Image (click to enlarge)
Click to Enlarge Name: xauusdprom30 waves.png Size: 109 KB
  • #4,359
  • Mar 21, 2014 4:21am Mar 21, 2014 4:21am
Attached Image (click to enlarge)
Click to Enlarge Name: Gold Daily.png Size: 91 KB
To live a successful life, we must lose our fear of being wrong
  • #4,360
  • Mar 21, 2014 4:23am Mar 21, 2014 4:23am
Quoting amansuri1
{quote} hi nitsan do u ususally place sma 32 and 64 at 15min charts and sma 300 and 200 on 1 hr or daily charts thanks
No what I do work at all time frame.

So I just need to find the right pic in some instrument in some time frame.
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