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Really? Long term is worth the wait?
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GJscalper

Member Since Jul 25, 2016  237 posts GJscalper Jul 10 2017 at 12:21
CrazyTrader posted:
You don't even know how to read a profile... How could you be able to read a chart?
It says live accounts update here:
https://www.forexfactory.com/pipsfestival

Secondly, learn basics in trading... When a pair is ranging there is no trend... that's why it's called a range!

And yes, when a pair is ranging, you buy the low of the range and sell the high of the range.

Most traders are currently short on EurUsd because price goes up from the last low of the range.. They don't see it because they all trade on 1Hour tf

Called Long since 9th march + forecast out of the range by a breakout on the top side.
https://www.myfxbook.com/forex-charts/EURUSD,D1/3494
By the way, EurUsd was ranging for the last 2 years.

You don't fancy Long term... because you have no vision. Trade what you like and suits your trading style.

Enjoy.


 Yeah, when there is a range, you buy the bottom and sell the top... THEN when the breakout comes out you are left holding a heavy bag. lol Why are you posting a ton of charts which don't support your claim. Why not use your myfxbook accounts. Oh the answer is simple..... BECAUSE LONG TERM doesn't work. lol Your accounts prove that!

@GJscalper for more information
AmDiab

Member Since Apr 18, 2017  624 posts AmDiab Jul 11 2017 at 06:25
CrazyTrader posted:
You don't even know how to read a profile... How could you be able to read a chart?
It says live accounts update here:
https://www.forexfactory.com/pipsfestival

Secondly, learn basics in trading... When a pair is ranging there is no trend... that's why it's called a range!

And yes, when a pair is ranging, you buy the low of the range and sell the high of the range.

Most traders are currently short on EurUsd because price goes up from the last low of the range.. They don't see it because they all trade on 1Hour tf

Called Long since 9th march + forecast out of the range by a breakout on the top side.
https://www.myfxbook.com/forex-charts/EURUSD,D1/3494
By the way, EurUsd was ranging for the last 2 years.

You don't fancy Long term... because you have no vision. Trade what you like and suits your trading style.

Enjoy.


Hello; can you please add related picture according to your analysis on EUR/USD? By the way, long time trading is not fancy; all of pro and institutional Forex traders are doing long term trading!

MadBadDangerous

Member Since May 15, 2017  9 posts MadBadDangerous Jul 13 2017 at 12:43
They have huge accounts and long term trading is the only way that they can enter a larger position without moving the market. You cannot buy $100m of USDJPY in one go without moving the market, so scalping with big accounts is not possible

BaldoN

Member Since Feb 12, 2016  522 posts Baldo (BaldoN) Jul 14 2017 at 08:35
Basically, the money going to either very short term traders or to the long term :)

GJscalper

Member Since Jul 25, 2016  237 posts GJscalper Jul 14 2017 at 09:40
MadBadDangerous posted:
They have huge accounts and long term trading is the only way that they can enter a larger position without moving the market. You cannot buy $100m of USDJPY in one go without moving the market, so scalping with big accounts is not possible


 Scalping with a big account is very much possible. Considering the fact that forex is a decentralized market really increases its level of manipulation. Recall that leverage gives us the chance to take the orders that the big banks take. Clearly, we won't have enough margin to hold on to these positions for massive runs against us, but everyone talks about what the banks are 'doing' as if a bank has EVER revealed what they are buying or selling. Proof is what is needed and is never given, and at the end it conditions us to believe that the market is made to be 'invested in' when clearly this is a scalp based market.

@GJscalper for more information
GJscalper

Member Since Jul 25, 2016  237 posts GJscalper Jul 14 2017 at 09:41
@CrazyTrader Makes all these claims but hasn't one active account to back up his theories. lol

#LeadByExampleNotByCharts
Attachments:

@GJscalper for more information
Admoni

Member Since Aug 09, 2017  95 posts Admoni Aug 11 2017 at 08:43
Long term trading is really safe and sounds than short term scalping which brings profit very rapidly. But for depending long term trading first of all you have to make sure sufficient balance. Otherwise it causes a great trouble when trading practically.

mlawson71

Member Since Dec 11, 2015  1487 posts mlawson71 Aug 11 2017 at 14:01
In my opinion both long-term and short-term trading can be profitable if one is good at them. So if you're good at long-term trading, of course it will be worth the wait.

AmDiab

Member Since Apr 18, 2017  624 posts AmDiab Aug 16 2017 at 06:30
MeuLugar posted:
Longtime trading is not workable for all of traders! You may know, a number of Forex traders are doing short term trading! It takes, huge investment with enough patience! By the way, I am also comfortable with day trading.


I got your point, but till now a number of pro traders are using long term trading style! So, it’s not worst one!

Imamul

Member Since Aug 09, 2017  440 posts Imamul Aug 17 2017 at 06:33
I prefer short time trading techniques scalping,
 it’s really comfortable and brings profit very rapidly.

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EURUSD 1.08227 GBPUSD 1.29364
USDJPY 111.547 USDCAD 1.32649

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