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Profit / loss analysis and trading talks
Jul 07, 2024 at 11:57
Mitglied seit Feb 12, 2016
123 Posts
Luigi_gi223 posted:Raven1209 posted:MarcellusLux posted:Ollie33 posted:
Hi,
my short analysis: unfortunately, I had to take a loss before the holidays and accept the fact that I believed in further growth of the euro dollar when it reached a bright high at Friday. The Fibo showed a good opportunity to reach 1.1100, the level of 1.10300 was passed quickly, but I was too optimistic for the holiday market.
Anyway I remain positive and wish you have a great time these days.
I agree that a new highly probable case is now available: reaching the level of 1.11000 that you mentioned.
I would pay attention to the weekly EMA 200. The line was reached and the price even went higher, but it was an uncertain and weak breakout, which can be considered false. Therefore, this level (1.10140) will be a marker for further buy trading. The long term MACD indicates growth while the short-term hourly and four-hour MACD are in a rather unstable, intermediate position. This may mean that the correction has a chance to continue within one day, at least to 1.1000.
I would also pay attention to the midway resistance level 1.1070, which may become an unpleasant surprise for those who decide to enter the market too late.
It's a smart move to consider these intermediate resistance levels, as they often catch traders off guard. Does anyone have a strategy for dealing with such midway resistance points in their trading?
I would also like to know, please share your experience. How do you get out? Do you place stops or delays? How? And what works best for you?
Too hard to follow this strategy in all details. Rather I would adopt key concepts and try to build my proprietary system based on them
Jul 08, 2024 at 10:49
Mitglied seit Dec 28, 2023
41 Posts
@MarcellusLux Is it possible to combine your trading system with other algorithms? I’m curious to see how your approach could integrate with different strategies.
Mitglied seit Jan 11, 2023
11 Posts
Jul 10, 2024 at 14:30
Mitglied seit Jan 11, 2023
11 Posts
bardachok posted:Luigi_gi223 posted:Raven1209 posted:MarcellusLux posted:Ollie33 posted:
Hi,
my short analysis: unfortunately, I had to take a loss before the holidays and accept the fact that I believed in further growth of the euro dollar when it reached a bright high at Friday. The Fibo showed a good opportunity to reach 1.1100, the level of 1.10300 was passed quickly, but I was too optimistic for the holiday market.
Anyway I remain positive and wish you have a great time these days.
I agree that a new highly probable case is now available: reaching the level of 1.11000 that you mentioned.
I would pay attention to the weekly EMA 200. The line was reached and the price even went higher, but it was an uncertain and weak breakout, which can be considered false. Therefore, this level (1.10140) will be a marker for further buy trading. The long term MACD indicates growth while the short-term hourly and four-hour MACD are in a rather unstable, intermediate position. This may mean that the correction has a chance to continue within one day, at least to 1.1000.
I would also pay attention to the midway resistance level 1.1070, which may become an unpleasant surprise for those who decide to enter the market too late.
It's a smart move to consider these intermediate resistance levels, as they often catch traders off guard. Does anyone have a strategy for dealing with such midway resistance points in their trading?
I would also like to know, please share your experience. How do you get out? Do you place stops or delays? How? And what works best for you?
Too hard to follow this strategy in all details. Rather I would adopt key concepts and try to build my proprietary system based on them
Thanks man, I'm trying to understand some key points maybe something will work for me too. How about you? Do you have certain things that work for you for sure or do you like Im put/exit as you see it?
Mitglied seit Aug 19, 2021
203 Posts
Jul 10, 2024 at 14:51
Mitglied seit Aug 19, 2021
203 Posts
Oh the pound is growing well now. What do you think about trading @MarcellusLux ? In the short term I suppose you can make profit.
Jul 14, 2024 at 19:55
Mitglied seit Feb 12, 2016
123 Posts
Luigi_gi223 posted:bardachok posted:Luigi_gi223 posted:Raven1209 posted:MarcellusLux posted:Ollie33 posted:
Hi,
my short analysis: unfortunately, I had to take a loss before the holidays and accept the fact that I believed in further growth of the euro dollar when it reached a bright high at Friday. The Fibo showed a good opportunity to reach 1.1100, the level of 1.10300 was passed quickly, but I was too optimistic for the holiday market.
Anyway I remain positive and wish you have a great time these days.
I agree that a new highly probable case is now available: reaching the level of 1.11000 that you mentioned.
I would pay attention to the weekly EMA 200. The line was reached and the price even went higher, but it was an uncertain and weak breakout, which can be considered false. Therefore, this level (1.10140) will be a marker for further buy trading. The long term MACD indicates growth while the short-term hourly and four-hour MACD are in a rather unstable, intermediate position. This may mean that the correction has a chance to continue within one day, at least to 1.1000.
I would also pay attention to the midway resistance level 1.1070, which may become an unpleasant surprise for those who decide to enter the market too late.
It's a smart move to consider these intermediate resistance levels, as they often catch traders off guard. Does anyone have a strategy for dealing with such midway resistance points in their trading?
I would also like to know, please share your experience. How do you get out? Do you place stops or delays? How? And what works best for you?
Too hard to follow this strategy in all details. Rather I would adopt key concepts and try to build my proprietary system based on them
Thanks man, I'm trying to understand some key points maybe something will work for me too. How about you? Do you have certain things that work for you for sure or do you like Im put/exit as you see it?
Yes support and resistance levels, plain ones, on large timeframes work extremely well. The biggest issue is being patient and wait. Sometimes it takes month for me to enter into a great trade with decent risk/reward
Jul 17, 2024 at 08:16
Mitglied seit Dec 28, 2023
41 Posts
Hey @bardachok are you a trader? Could you share your results? Since in your profile I see only for 2016 Jan.
Mitglied seit Jan 24, 2023
13 Posts
Mitglied seit Jan 11, 2023
11 Posts
Jul 17, 2024 at 15:08
Mitglied seit Jan 11, 2023
11 Posts
bardachok posted:Luigi_gi223 posted:bardachok posted:Luigi_gi223 posted:Raven1209 posted:MarcellusLux posted:Ollie33 posted:
Hi,
my short analysis: unfortunately, I had to take a loss before the holidays and accept the fact that I believed in further growth of the euro dollar when it reached a bright high at Friday. The Fibo showed a good opportunity to reach 1.1100, the level of 1.10300 was passed quickly, but I was too optimistic for the holiday market.
Anyway I remain positive and wish you have a great time these days.
I agree that a new highly probable case is now available: reaching the level of 1.11000 that you mentioned.
I would pay attention to the weekly EMA 200. The line was reached and the price even went higher, but it was an uncertain and weak breakout, which can be considered false. Therefore, this level (1.10140) will be a marker for further buy trading. The long term MACD indicates growth while the short-term hourly and four-hour MACD are in a rather unstable, intermediate position. This may mean that the correction has a chance to continue within one day, at least to 1.1000.
I would also pay attention to the midway resistance level 1.1070, which may become an unpleasant surprise for those who decide to enter the market too late.
It's a smart move to consider these intermediate resistance levels, as they often catch traders off guard. Does anyone have a strategy for dealing with such midway resistance points in their trading?
I would also like to know, please share your experience. How do you get out? Do you place stops or delays? How? And what works best for you?
Too hard to follow this strategy in all details. Rather I would adopt key concepts and try to build my proprietary system based on them
Thanks man, I'm trying to understand some key points maybe something will work for me too. How about you? Do you have certain things that work for you for sure or do you like Im put/exit as you see it?
Yes support and resistance levels, plain ones, on large timeframes work extremely well. The biggest issue is being patient and wait. Sometimes it takes month for me to enter into a great trade with decent risk/reward
Yeah I agree. Patience is key when it comes to trading. How do you usually determine the best times to enter and exit trades? Do you use any indicators?
Jul 23, 2024 at 10:02
Mitglied seit Sep 02, 2022
57 Posts
Raven1209 posted:
EUR/USD's recent drop has been significant. If it breaks below the current support level, we might be looking at further declines. Just watching closely to decide the next move. Thoughts on the current trend?
Yeh I also see a downward trend, especially on the H1 chart. My advisor has already started trading short. Let's see.
Jul 23, 2024 at 10:19
Mitglied seit Jul 23, 2024
7 Posts
The decline is justified and will continue. US US economy is surging which may cause inflation to be persistent and interest rates to be lowered at a slower pace. But Eurozone economy is so weak that ECB will have to lower rates faster to keep the economy going. The only risk to this is that the ECB are overly cautious and slow at taking action
Mitglied seit Aug 19, 2021
203 Posts
Mitglied seit May 19, 2020
321 Posts
Jul 25, 2024 at 12:52
Mitglied seit May 19, 2020
321 Posts
I was trading when there was a discussion, so I couldn't join the discussion on time. However, at the moment the situation has not changed much. Since yesterday, the EUR/USD once again attempted to rise above 1.08600, but unsuccessfully continued to fluctuate within the horizontal movement with support at 1.08250. I can note that yesterday I traded a long position due to the 15-minute breakout of EMA 100 and divergence on larger timeframes. However, now I also see the possibility of growth, despite the breakout of the EMA 100 on the four-hour chart. After all, the price will also be influenced by the support level of 1.08250, while divergence and the prospect of moving into the positive zone on the hourly MACD adds confidence in the buy scenario. Therefore, for further trading, I suggest watching 1.08600 as the initial marker level and 1.08680 as the key level, and breaking through this level may be a signal for further bullish to 1.08950.

@Marcellus8610
Jul 25, 2024 at 15:05
Mitglied seit Sep 29, 2022
68 Posts
@MarcellusLux Nice trade on the jpy!
Jul 29, 2024 at 09:44
Mitglied seit Mar 07, 2023
22 Posts
Raven1209 posted:
EUR/USD's recent drop has been significant. If it breaks below the current support level, we might be looking at further declines. Just watching closely to decide the next move. Thoughts on the current trend?
If the euro dollar does not break the support level of 1.0981 I expect a further rapid decline. For now, I would refrain from trading. I am watching.
Jul 30, 2024 at 16:54
Mitglied seit Sep 29, 2022
68 Posts
que76648 posted:
Hello, sirs. I am new here and I saw that this thread is one of the most interesting. What tips would you give to a newbie like me to make a profit that is enough to support myself (1000-2000 dollars per month for my country).
Keep the appetite in check. A good trader is a hungry trader:)
Mitglied seit Aug 19, 2021
203 Posts
Jul 31, 2024 at 11:41
Mitglied seit Aug 19, 2021
203 Posts
que76648 posted:
Hello, sirs. I am new here and I saw that this thread is one of the most interesting. What tips would you give to a newbie like me to make a profit that is enough to support myself (1000-2000 dollars per month for my country).
Oh what is your investment budget? Do you want to trade or are you considering diversification?
Mitglied seit May 19, 2020
321 Posts
Jul 31, 2024 at 15:12
Mitglied seit May 19, 2020
321 Posts
Raven1209 posted:
@MarcellusLux Nice trade on the jpy!
Thanks for following
@Marcellus8610

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