Both bulls and bears seem tired at the moment. Some one give them bears a energy drink.
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LIVE Trades Only : EURUSD & GBPUSD 122 replies
Strategy behind 1 EA (buy only) and 1 EA (sell only) 2 replies
Trading EURUSD only 43,752 replies
Eurusd-5m Trading Only 109 replies
Script to change EA to long only/ short only at a price level? 1 reply
DislikedBased on H4, a fresh bearish breakout has just happened or is happening as we speak.. Now I want bears to protect the circle rim... If they can do that, price then could stay below 1.0898 from here on forwards.. Let's see how it plays out.. Calling it a day... With God's permission, we meet again after London opening.. Peace out.. {image}Ignored
DislikedBased on H4, a fresh bearish breakout has just happened or is happening as we speak.. Now I want bears to protect the circle rim... If they can do that, price then could stay below 1.0898 from here on forwards.. Let's see how it plays out.. Calling it a day... With God's permission, we meet again after London opening.. Peace out.. {image}Ignored
DislikedThe longer I trade, the more convinced I am that blatantly obvious technical set ups are just that...a set up for the powerful to take retail out. Any zero sum game should be entered with caution. Retail will allways be the food for fat cats. No idea where EU is going next......but unfortunately, the big banks do.Ignored
DislikedThe longer I trade, the more convinced I am that blatantly obvious technical set ups are just that...a set up for the powerful to take retail out. Any zero sum game should be entered with caution. Retail will allways be the food for fat cats. No idea where EU is going next......but unfortunately, the big banks do.Ignored
DislikedThe longer I trade, the more convinced I am that blatantly obvious technical set ups are just that...a set up for the powerful to take retail out. Any zero sum game should be entered with caution. Retail will allways be the food for fat cats. No idea where EU is going next......but unfortunately, the big banks do.Ignored
DislikedJust a thought: 81.6% of retail are short EUR/USD (source FX Blue). You could be forgiven for thinking that rampant collusion between the powerful participants prevented this pair from dropping today. Data suggested it should have fallen sharply, but no. It's a zero-sum game and the powers that be were never going to allow 81.6% of retail to extract profit from their game. Just a theory.Ignored
DislikedAssuming all that is true, patterns dont work, data is exagerated and then revised a month later, what constitutes a good trading strategy then? It feels like gambling sometimesIgnored
DislikedAssuming all that is true, patterns dont work, data is exagerated and then revised a month later, what constitutes a good trading strategy then? It feels like gambling sometimesIgnored
Disliked{quote} And that my friend, is what I would call a Eureka moment for any trader. As the saying goes, if you can't see where the mugs are (who the market is setting up to rinse), then chances are, you are the mug (who the market is setting up to rinse). Don't be a pattern chaser. Patterns are for mugs. All that matters is who has just been rinsed and who is likely to get rinsed next. Ws, Ms, Ascending or Descending Triangles, Divergences, Hidden Divergences, Overbought, Oversold, Indicator crossing signals, Fibonacci ratios, Gann Levels. It's all...Ignored