Took a short earlier and made 91pips. took another short (where blue vertical line is and tdi cross) At b/e+. Set TP at 1.4568
the cautious seldom err....C
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DislikedTook a short earlier and made 91pips. took another short (where blue vertical line is and tdi cross) At b/e+. Set TP at 1.4568 {image}Ignored
Dislikedwas 50 pips in green on this pair earlier. But now could be facing an 8 pips in the red. Wt heck. Trade taken where blue vertical line is. Rejection in the form of a doji at 50 ema {image}Ignored
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Disliked{quote} Hi pips29, You caught that Day Master candle breakout very nicely. and managed that very well for maximum run in this week. Good Trading. EMMANUELIgnored
Disliked{quote} Dear Emmanuel Sir and other seniors, If there are two very contradictory analysis from international banks, whom should we trust?Ignored
Disliked{quote} Try not to predict, mate. Let the graph and the price show you what it's doing.Ignored
Disliked{quote} Thanks a ton ... might be as a Knowledge ... How and Why two renowned banks give different analysis??? As few traders believe and rumor ... are they trying to mislead retail traders?Ignored
Disliked{quote} Dear Emmanuel Sir and other seniors, If there are two very contradictory analysis from international banks, whom should we trust? According to one of a bank's analysis (read in FF only) ... Yen is supposed to have ended its bullish run and should weaken against USD, EURO and Aud by minimum 260 - 400 Pips .... Other bank says (read again in FF) ... Taking 200 MA as a trend definer ... EJ, UJ and AJ should go down ..... And Yen proved stronger yesterday against USD, EURO and Aud ..... http://www.bloomberg.com/news/2014-0...-reversal.html...Ignored
Disliked{quote} Hello adilkashyap, I am not a forex market expert and will not pretend that I am one. One of my mentors made this statement once when he was asked about market analysts report. Bulls make money, Bears make money, Only the Pigs get slaughtered. As for me, I am just an old and foolish retail trader who believe in following: - there is a trend in every timeframe, - as a trend trader, I must trade with and following only the primary trend for high probability trades, - trade only when there is momentum in seen in the price in the higher timeframe,...Ignored
DislikedHi Kouroushi. I think there are more underlying knowledge you should know that are more important. Like Big E said - Know The Basics! Support & resistance for example will help you no matter what system you trade. For me, the level you take your trade from is far more important than anything else. Here's an example how S/R works on all systems. This yellow level right here. You can tell it's an important level that's been rejected many times. {image} So, TMS enter. We got a TDI cross right here after price rejected an important S/R. You know this...Ignored