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Learning how to trade.

ArdiFX (ahuruglica)
Apr 29 2014 at 21:04
852 posts
In my view the market is in correction. I was expecting this drop based on wave structure and fundamental news. NZ central bank raised interest rate, so NZD should strengthen, that what everyone thought.

If you read last page post, I expected a spike on the news then lower. And it did so. Given that I never wanted to sell, only looking better entry to buy. Now many traders will think that USDNZD broke many support levels and will start to sell. I'm simply trying to do the opposite.

I also have in mind monthly cycles, so the trade should be filled on the firs or second day of the new month. If it does not fill by friday night or continue to break new high. I will cancel the trade.


Regards

stocksbloc
Apr 30 2014 at 10:48
15 posts
Hey ArditFX

Been a while buddie,Excellent comment you made on this thread previously.
How's trading ?


Unfortunately I don't have much time to update some new strategies more frequently.

But, everyone can use it as a benchmark and learn how to study the market and make trading decisions. I believe that if traders learnt to wait for the market to meet certain criteria before entering the market, have a good money management and don't over trade will help them detach emotionally from trading and make more rational trading decision.

peeterwoolf
Apr 30 2014 at 12:40
230 posts
Thank you for your reply, Ardit.

ArdiFX (ahuruglica)
Apr 30 2014 at 15:30
852 posts
Cris (fxsolderer)
Apr 30 2014 at 18:41
22 posts
Hi Ardit!
At what level do you would short GBPUSD?

stocksbloc
Apr 30 2014 at 18:43
15 posts
AUDUSD
WATCH IF 0.9380 COMES IN PLAY AGAIN,SHORT HEAVY HERE

NZDUSD
SHORT AROUND 0.8700 AGAIN

AUDCAD
SUPERBEARISH TOWARDS 0.9850 OVER 350PIPS


ArdiFX (ahuruglica)
Apr 30 2014 at 19:12
852 posts
Greetings Cris

I'm still bearish USD and dont plan to bet usd strength. I watching closely SPX500 to make a new high then head lower, or EURUSD to test/break 1.40 then look to buy usd.

I think a risk aversion theme is comming which will result a very strong USD, but not yet.

Regards

Bung Tobing (bungtobing)
May 01 2014 at 10:35
45 posts
ahuruglica posted:
Greetings Bung

Unfortunatetly I dont have much time to update some new strategies more frequently.

But, everyone can use it as a benchmark and learn how to study the market and make trading decisios. I believe that if traders leant to wait for the market to meet certain criterias before entering the market, have a good money management and don't overtrade will help them detach emotionally from trading amd make more rational trading decision.

There are thousands paid services to choose, signals, copy trades, EAs, pamm etc. Bot more importantly is to become an independant trader.


thanks mate

csc2009
May 01 2014 at 14:50
834 posts
stocksbloc posted:
AUDUSD
WATCH IF 0.9380 COMES IN PLAY AGAIN,SHORT HEAVY HERE

NZDUSD
SHORT AROUND 0.8700 AGAIN

AUDCAD
SUPERBEARISH TOWARDS 0.9850 OVER 350PIPS



Thank you for the tips, I'm paying close attention the AUDUSD pair.

ArdiFX (ahuruglica)
May 02 2014 at 18:42
852 posts
Canceled NZDUSD trade.

Have a great weekend everyone.

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