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dtpea
AUD/USD
in
Galvenais
Sep 12, 2023 at 05:42
AUD/USD looks to be going for a sell off. MY personal analysis is of Retail sentiment, Cot data, and the charts tell to place my Limit at 0.60194 and Stops at 0.67685. Please give your opinios and lets compare
AUDUSD Analysis
in
Galvenais
Aug 27, 2023 at 04:32
Retail is buying this currency pair. Since most retail traders loose money I am going against that and selling this pair. Cot Data is saying AUD=65%Sell & USD=55%Buy. So my retail sentiment is Supporting the AUD Sell Bias. 4hr chart is definately over extended with the Orange 20 SMA, and the Blue 50 SMA, having a huge gap between them and the 200 purple SMA. 1hr chart has already touched its 200 purple SMA and rejected. Now I am simply waiting on the 4 hour to touch its 200 purple SMA and reject.Entry=0.65944Limit=0.61426Stop=0.66478
AVOID ROBOT TRADING SYSTEM
in
Jauni treideri
Jan 24, 2023 at 20:55
I don't actually sit at the computer my self. The higher the time frame you go, the more time it takes for each candle to form. So, once you have your own strategy that you know will gain you consistent profit over time. You can easily trade the 15, 30, or even the 1hour time frame, and leave your trades to run while periodically checking your trades when ever you want through out the day.I would just rather know that I can trade with or without a robots help is all I'm saying
AVOID ROBOT TRADING SYSTEM
in
Jauni treideri
Jan 24, 2023 at 07:04
I have heard so much about those trading bots on the yourube commercials, and not gunna lie I thought about maybe looking into one but decided that I needed to know how to trade without it because if it ever broke or the company was scummy id be up the creek with no paddle. Not worth it when you are trying to do better for your future yano.Unfortunately when I first got started in trading back in the summer of 2021, I did get scammed out of some money by the mlm IM Academy or Real RIse Academy as they call themselves now
Is a demo account really neccassary?
in
Jauni treideri
Jan 19, 2023 at 09:08
I agree, and I have done it as well, but my thing is that I would rather use the demo to get the feel of my strategy and know its strengths and weaknesses before I do the micro lot. Doing this means that most of the time I am doing the micro lot, I continuously make money.Also, I don't really make much money at my job. It literally pays me just enough to afford bills, and food. So I don't have the money to risk on the market while I am getting through my learning curve. So using the demo mode really does help me see the results of my strategy and method, before I skip out on paying a c...
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