Major pair-Trends?
Mar 21, 2017 at 08:05
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11 Replies
Biedrs kopš
13 ieraksti
Mar 21, 2017 at 08:05
ok so as title suggests where did all the strong trends go I'm looking at daily charts with 200EMAs dont see any good trends I see some 'emerging' but I am lost and confused.
Biedrs kopš
1487 ieraksti
Mar 21, 2017 at 13:05
Usually after periods of strong trends there are periods of consolidation, this is normal.
Biedrs kopš
13 ieraksti
Mar 22, 2017 at 07:16
Lol now i know iam a beginner but i know that, but its my fault the question i should of been asking is what is every one trading during this consolidation/range market any simple strategies for this kind of market i do great in trends its simple but at times like this that makes me wonder if i should be trading
Biedrs kopš
13 ieraksti
Mar 23, 2017 at 07:48
bitfx posted:any strategies in mind?everything i learned so far worked well only with a trend i dont have any good range trading strategies attached to my trading plan
At the moment the market is too shaken to attribute this to a pair. If you hope to win well, change the strategy friend, it does not work.
Thank you
Biedrs kopš
427 ieraksti
Mar 24, 2017 at 06:55
Well if you want to find a good strategy – do your research for already created ones – here on myfxbook, there is a special section for that. Also the trading forums are full of strategies. Just be careful and do not trust some unknown strategies. You can test them on Demo first
Accept the loss as experience
Biedrs kopš
718 ieraksti
Apr 28, 2017 at 11:11
To be honest, you can’t identify market trend status by only using MA200, you need clear knowledge on technical and fundamental analysis of market! Even, only one kind of knowledge is not enough here! So, if you want to be a regular customer in Forex, make a professional trading skill on technical and news analysis, only indicators are nothing!
Biedrs kopš
5 ieraksti
May 01, 2017 at 06:33
200MA is useful as some background information but you cannot really make any trading decisions based on it
Biedrs kopš
13 ieraksti
May 04, 2017 at 06:13
If you really want to know the trend then forget the charts and look at the fundamentals
Biedrs kopš
920 ieraksti
Jun 03, 2017 at 09:59
ClearPicture posted:
If you really want to know the trend then forget the charts and look at the fundamentals
Are you sure? Because, I am doing my trading based on only Price Action (not only chart patterns but also market flow rate), and I am really satisfied on my live trading performance! Listen, I am not against on fundamental! But, you can’t determine market trend only based on news analysis!
Biedrs kopš
13 ieraksti
Jun 04, 2017 at 07:16
AniLorak posted:ClearPicture posted:
If you really want to know the trend then forget the charts and look at the fundamentals
Are you sure? Because, I am doing my trading based on only Price Action (not only chart patterns but also market flow rate), and I am really satisfied on my live trading performance! Listen, I am not against on fundamental! But, you can’t determine market trend only based on news analysis!
lol yea I post this a month or two ago to see maybe I get some good trading strategies for range trading but instead got that ....
Biedrs kopš
49 ieraksti
Jun 05, 2017 at 06:30
AniLorak posted:
I am not against on fundamental! But, you can’t determine market trend only based on news analysis!
In my poinion you can determinate market trend based ONLY on news analysis. When you see a strong trend, it`s sure that there`s a fundamental reason behind it.
Biedrs kopš
920 ieraksti
Jun 30, 2017 at 12:07
rainfall posted:AniLorak posted:ClearPicture posted:
If you really want to know the trend then forget the charts and look at the fundamentals
Are you sure? Because, I am doing my trading based on only Price Action (not only chart patterns but also market flow rate), and I am really satisfied on my live trading performance! Listen, I am not against on fundamental! But, you can’t determine market trend only based on news analysis!
lol yea I post this a month or two ago to see maybe I get some good trading strategies for range trading but instead got that ....
For range trading; buy at the lower level of range and sell at the upper level of range! Use SL and TP with buffering! Yes, I use this strategy for range trading (horizontal range market).
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