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- 500 Results (232 Replies , 268 Comments )
- rehmatkhan00 replied May 16, 2024
Yup today most of retail traders are bullish that’s why it’s doing correction. First I will assume that it will do simple correction before again going up however it may completely reverse to the downside for which I believe chances are not that ...
- rehmatkhan00 replied May 16, 2024
Today the EU may complete its correction then it will resume its upward movement and it can shoot up to 1.0960 to 1.0980 if it does so then it will make a double top on higher timeframe. My advice will be always that Don’t follow fundamentals ...
- rehmatkhan00 replied May 15, 2024
I told you people that as long as retail traders are bearish, the price will shoot up and the moment they start changing their sentiment to bullishness, the price will either start correction or do complete reversal.
- rehmatkhan00 replied May 15, 2024
Forex is all about patience and discipline. If this was not the case we would not have 95% traders losing money.
- rehmatkhan00 replied May 14, 2024
Forex is a zero sum game as long as retail traders are selling, the price will be pushed up. Once they stop selling it and change their position to buy then it will be dumped. But it still looks like most of the retail traders are short so chances ...
- rehmatkhan00 replied May 14, 2024
For me 1.0830 is the last strong resistance, if it’s broken then it can shoot up to 1,0860 or 1.0880
- rehmatkhan00 replied May 14, 2024
I am short and see how lows it goes and I think it should at least goes to 1.06
- rehmatkhan00 replied May 14, 2024
yup you were right about it and I was also bullish but PPI changed my mind that’s why ignore the fundamentals because they will make you blind and you will be not able to see a clear price in up or down direction. Besides, tight SL should be avoided ...
- rehmatkhan00 replied May 14, 2024
happy to see you have made some profit
- rehmatkhan00 replied May 14, 2024
I don’t consider news at all except CPI PPI and interest rates as they are really bigger mover of the market.
- rehmatkhan00 replied May 14, 2024
I have the same problem with these fundamentals, you can’t predict where it will go and how it will impact the price so better not to look at these bullshit and manipulated news at all.
- rehmatkhan00 replied May 14, 2024
From the price, it looks like we might have a huge surprise in the tomorrow’s CPI and retail sales data or it is just a bull trap to grab some liquidity before going down.
- rehmatkhan00 replied May 14, 2024
I am also waiting for uncle Powell’s thoughts
- rehmatkhan00 commented May 14, 2024
After hot PPI, the dollar is going down am I missing something?
- rehmatkhan00 replied May 14, 2024
Wowww that was great
- rehmatkhan00 replied May 14, 2024
I am not going To enter a trade until PPI is released as it can move the price in any direction. If the price holds above 1.0780 or do some deep correction then I am planning to go long however if it makes a new swing low on higher timeframe then I ...
- rehmatkhan00 commented May 13, 2024
This was really surprising news that’s why I usually follow price action and don’t care about fundamentals
- rehmatkhan00 replied May 13, 2024
EURUSD has entered into a strong selling area, now I will only buy if there is a surprise disappointing news from USA otherwise it looks like it has almost completed its upward leg
- rehmatkhan00 replied May 13, 2024
Waiting for euro to retest and hold the breakout point so I can go long.