Trade of the Month
Member Since Nov 21, 2011
1718 posts
Apr 23, 2015 at 07:30
CrazyTrader posted:
Yesterday the daily Pin bar reversal is a strong signal for downside pressure for the last sell signal on NZDUSD
Member Since Nov 21, 2011
1718 posts
Apr 23, 2015 at 13:49
Trading with the Crowd : ).... the difference is the momentum:
Daily chart on EURNZD:
Get the detailed about Price Action vs Crowd... 1H timeframe:
Daily chart on EURNZD:
Get the detailed about Price Action vs Crowd... 1H timeframe:
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Member Since Nov 21, 2011
1718 posts
Apr 24, 2015 at 10:05
NZDCAD... weekly.
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Member Since Sep 06, 2013
137 posts
Apr 24, 2015 at 15:46
This is a good call - the reason why it should drop is because
1) While the CAD has been weak lately it is because of the oil decline - however underneath all of that the non energy Canadian exports are rising as is employment, and the demand for CAD is growing especially from the USA.
2) The RBNZ Depty Gvnr has been talking down the currency saying that as well as rate hikes being OFF the cards right now, rate CUTS are something they may have to consider in the mid term....
Strong Cad + Weak NZD = Bearish NZDCAD pair in the mid-longer term...
***Always good to know the reason why a pair could be setting up and the reason as to if its a good or bad one to be investing in :)
1) While the CAD has been weak lately it is because of the oil decline - however underneath all of that the non energy Canadian exports are rising as is employment, and the demand for CAD is growing especially from the USA.
2) The RBNZ Depty Gvnr has been talking down the currency saying that as well as rate hikes being OFF the cards right now, rate CUTS are something they may have to consider in the mid term....
Strong Cad + Weak NZD = Bearish NZDCAD pair in the mid-longer term...
***Always good to know the reason why a pair could be setting up and the reason as to if its a good or bad one to be investing in :)
HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
Member Since Nov 21, 2011
1718 posts
Apr 24, 2015 at 16:11
BenNathanFTA posted:
This is a good call - the reason why it should drop is because
1) While the CAD has been weak lately it is because of the oil decline - however underneath all of that the non energy Canadian exports are rising as is employment, and the demand for CAD is growing especially from the USA.
2) The RBNZ Depty Gvnr has been talking down the currency saying that as well as rate hikes being OFF the cards right now, rate CUTS are something they may have to consider in the mid term....
Strong Cad + Weak NZD = Bearish NZDCAD pair in the mid-longer term...
***Always good to know the reason why a pair could be setting up and the reason as to if its a good or bad one to be investing in :)
The fundamental problem is that you wouldn't had the same vision 5 weeks ago, that's why you wouldn't have entered short there, while sticking to the pattern did.
As Jesse Livemore said... there is no reasons to open new trades everyday while investing... that's why a scalper is the total opposite of investor.
Member Since Sep 06, 2013
137 posts
Apr 24, 2015 at 21:12
We'll see
Regarding your obsession with scalping every single trade on my account was a stop order with pre determined sl and tp so actually I don't scalp on this account - I base my trades on simple logic and an investment approach when choosing pairs - that's why I don't show horrific draw down like you do and also why my equity curve is so much smoother than yours - let's compare accounts in another 3 months and see 1) who is on top and 2) who has the most investors ;)
Regarding your obsession with scalping every single trade on my account was a stop order with pre determined sl and tp so actually I don't scalp on this account - I base my trades on simple logic and an investment approach when choosing pairs - that's why I don't show horrific draw down like you do and also why my equity curve is so much smoother than yours - let's compare accounts in another 3 months and see 1) who is on top and 2) who has the most investors ;)
HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
Member Since Nov 21, 2011
1718 posts
Apr 24, 2015 at 21:55
BenNathanFTA posted:
We'll see
Regarding your obsession with scalping every single trade on my account was a stop order with pre determined sl and tp so actually I don't scalp on this account - I base my trades on simple logic and an investment approach when choosing pairs - that's why I don't show horrific draw down like you do and also why my equity curve is so much smoother than yours - let's compare accounts in another 3 months and see 1) who is on top and 2) who has the most investors ;)
Do not misslead traders, scalping the trend has nothing to do with investment. When you invest into any markets you keep open trades for months to years, because you have a strong belief on fundamental view.
Yours seems to change everyday while fundamental should last for months or years! So once you define it you stick to it and you invest.... or you can't do it and you scalp.
My Pattern provides real investment set up... especially regarding Risk/Reward.... this is the power of Technical Analysis.
Without control power is nothing.
Member Since Sep 06, 2013
137 posts
Apr 24, 2015 at 22:29
Your pattern shows a messed up account (a worthless demo at that) which has a huge drawdown and basically means nothing to investors - you let a robot do the trading for you ! Says it all.
Tried to offer some nice advice but some are just too arrogant to take it - I wish you all the best crazy trader . But i cba to debate when words fall on death ears....
Tried to offer some nice advice but some are just too arrogant to take it - I wish you all the best crazy trader . But i cba to debate when words fall on death ears....
HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
Member Since Nov 21, 2011
1718 posts
Apr 24, 2015 at 23:03
Best to you too the most scalped investor... this is an oxymoron.
I don't see the point talking about this particular account... I just throw all my EAs into it, optimmizing, switching set ups, playing with martingale.. Why should I care about drawdown with such purpose? o_O
By the way, I'm about to release 3 new EA next week and one of them is a fundamental EA so we can compare result next week if you dare... but I prefer to warn you, I don't close for 25 pips lol.
I don't see the point talking about this particular account... I just throw all my EAs into it, optimmizing, switching set ups, playing with martingale.. Why should I care about drawdown with such purpose? o_O
By the way, I'm about to release 3 new EA next week and one of them is a fundamental EA so we can compare result next week if you dare... but I prefer to warn you, I don't close for 25 pips lol.
Member Since Sep 06, 2013
137 posts
Apr 25, 2015 at 08:31
ZZZZZZZZZZZZZzzzzzzzzz
HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
Member Since Nov 21, 2011
1718 posts
Apr 25, 2015 at 08:33
whatever don't troll my thread with your scalping method.... Here we do trading, the real style.
Member Since Nov 21, 2011
1718 posts
Apr 27, 2015 at 18:30
Combo on my favorite set up:
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Member Since Nov 21, 2011
1718 posts
Apr 28, 2015 at 09:41
How to use Sentiment Traders?
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Member Since Nov 21, 2011
1718 posts
Apr 28, 2015 at 11:53
CrazyTrader posted:
How to use Sentiment Traders?
Anyone enjoyed pips?
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Member Since Nov 21, 2011
1718 posts
Apr 28, 2015 at 17:34
How to trade with Sentiment Traders?
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Member Since Nov 21, 2011
1718 posts
May 01, 2015 at 09:07
(edited May 01, 2015 at 09:08)
Harmonics versus 'M & W' Pattern.... you decide !
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Member Since Nov 21, 2011
1718 posts
May 01, 2015 at 12:50
CrazyTrader posted:
Harmonics versus 'M & W' Pattern.... you decide !
Zoom in on last signal:
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Member Since Nov 21, 2011
1718 posts
May 04, 2015 at 15:50
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Member Since Nov 21, 2011
1718 posts
May 06, 2015 at 13:51
Look at today... it's funny to see that the crowd is mainly wrong on every single pair:
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Member Since Nov 21, 2011
1718 posts
May 07, 2015 at 19:14
CrazyTrader posted:
400 pips... watch out UK election.
