EUR/USD

hit tp after close😑

stevewalker posted:
exit 1.2515

stevewalker posted:
I set veteran long to BE at +50 pip.
currently waiting for 1.2520

walker

stevewalker posted:
after 14 days long pos is at +40 pip 😄

PS : veteran trade. also missed SL with 2-3 pips a weeok ago

going short on eurusd tp 1.235

good luck

Kami486 posted:
going short on eurusd tp 1.235

can you post your chart to better understanding
thnaks in advance
walker

Kami486 posted:
going short on eurusd tp 1.235

Kami486 posted:
going short on eurusd tp 1.235

😭

I put limit order at 1.2430. while away it was missed by a p[art of 1 pips. cannot believe this 😕
i did not expect it to break today but wanted to buy and missed it.

Thanks for your overview over forex, psychology of the big dogs, the trades, trend etc.
 Question : What makes the trends indeed ? The Stop losses of retail being eaten by big dogs do them right ?
Thanks for answer, keep up the good work.

Steveewalker that message was for you

Kami486 posted:
going short on eurusd tp 1.235

I think you should at least wait for some confirmation instead of thinking you know something. going short on such green candles with such momentum to upside and eur strong is suicide if you use high leverage. generally, especially when you take contra trend trades and you went against the trend you at least should go short on red candles not green ones and visa versa for longs.

FX is big virtual pool. there is no account that all FX money stays.
nobodys targeting someone elsses money. but at the end winners collectting the money from pool.
so who is trading (looser & winner) connected directly to the pool over brokers & their liq providers.
so yes winners getting loosers money from the virtual pool.


that virtual pool makes fx market unpredictable.
think that if FX funds collected in an account( a network account its not needed to put all money in same one account) then we could all see who is selling who is buying what volume when.

!! this virtual pool sytem creates anonymous winners with NO TAX.😉

walker

Hailkay posted:
Thanks for your overview over forex, psychology of the big dogs, the trades, trend etc.
 Question : What makes the trends indeed ? The Stop losses of retail being eaten by big dogs do them right ?
Thanks for answer, keep up the good work.

Chikot posted:

Kami486 posted:
going short on eurusd tp 1.235

I think you should at least wait for some confirmation instead of thinking you know something. going short on such green candles with such momentum to upside and eur strong is suicide if you use high leverage. generally, especially when you take contra trend trades and you went against the trend you at least should go short on red candles not green ones and visa versa for longs.

Chikot we use reversal indicators and that make us the EARLY ENTRANTS in the market rather than like you waiting for a RED candle ... FYI i have averaged my sell EU trade at 1.257 at FIBO and i am almost at breakeven on the bucket ... will still go for 100.0 more pips

stevewalker posted:
can you post your chart to better understanding
thnaks in advance
walker

Kami486 posted:
going short on eurusd tp 1.235

for you :)

thanks

I guess you have increasing lot size?

walker

Kami486 posted:

stevewalker posted:
can you post your chart to better understanding
thnaks in advance
walker

Kami486 posted:
going short on eurusd tp 1.235

for you :)

Hi guys!
so, after test 2590-2600 level, we may sell eur/usd, fjr at list 100p. after we'll see.
s.l. 40-50p. (i hope so😄) will be enough...
Good luck! 😎

Zaheer, I know what you mean. Possibly some overbought / oversold or divergence but probability is high you are wrong and badly so. have you calculated how many days price had spent in that range? it means orders have been accumulated and they gotta go somewhere and from price action it is up and cause it is momentum and it has just started shorting against such strong daily GREEN candle is not very wise thing. Believe me, I have seen similar moves from a lot guys here and I see no these guys around any more. If you use good money management you can hurt but will survive, if your money management is bad you will get a call from Marge.
The trend has just started and you already shorting it.
Save some serious news trend do not reverse on a dime.

Kami486 posted:

Chikot posted:

Kami486 posted:
going short on eurusd tp 1.235

I think you should at least wait for some confirmation instead of thinking you know something. going short on such green candles with such momentum to upside and eur strong is suicide if you use high leverage. generally, especially when you take contra trend trades and you went against the trend you at least should go short on red candles not green ones and visa versa for longs.

Chikot we use reversal indicators and that make us the EARLY ENTRANTS in the market rather than like you waiting for a RED candle ... FYI i have averaged my sell EU trade at 1.257 at FIBO and i am almost at breakeven on the bucket ... will still go for 100.0 more pips

2009 and today

stevewalker posted:

1Hr Zig-Zag remind me 2009 August.

it then go long until en of 2009

one short stop out

second short
SL BE
MFE 22

actual +15

when a total week move one direction, generally on Friday price makes a correction.
I am expecting a short afternoon for Friday

walker

yeah, I did not expect price to move this fast without a single consolidation day, but I think price stayed in that range and eur was down for quite some time. everything is possible. check other pairs.