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Davit replied Oct 28, 2012Thank you I like JAJ one of the traders I recommend reading.Check his lecture on youtube about when to exit the trade-very important.Unlike lot of "educators" who don't trade or trade mini lots JAJ actually was and is a veteran trader over 20yrs.
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Davit replied Oct 28, 2012KADC and George Lets make some green pips next week.I am super motivated. EU possible bounce back to 1.30 zone or 2865 strong support area. NO real US dollar news until NOV 1st when unemployment farm numbers come out. AU possible bounce to 39-40 ...
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Davit replied Oct 28, 2012Very important guys before you make any trade Please check the calender NEWS Make it a habit N then trade.Trust me your trading will improve in real dollars. What I am looking for next week. EU possible bounce back to 1.30 zone or 2865 strong ...
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Davit replied Oct 27, 2012I want to post something inspirational.Too many negative things about Forex we read constantly such as 95% failure rate etc. To succeed and become wealthy in forex or trading is possible many people have done so. My inquire has always been why those ...
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Davit replied Oct 26, 2012I'll attempt to answer you. Nobody knows exactly PA may drop and it can drop anytime for reason or no reason.We are attempting to turn the odds (edge) in our favor based upon past behavior of price in similar situations. The channel is intended as a ...
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Davit replied Oct 26, 2012Finished my week with +156 pips Real happy with the result.
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Davit replied Oct 26, 2012I suggest you change to regular candles so you can see Price action better.Lot of information gets lost on H candles since Heiken ashi uses average of H/L not actual. If you have not studied Japanese Candle formations I suggest you do because it is ...
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Davit replied Oct 26, 2012url Hi Kadc Link above where I post often.I use that system with modified 50EMA instead of 72EMA and floating S/R 200EMA Idea is basically buying or selling on pullbacks towards main trend.I use the underlining concept which is universal.Price ...
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Davit replied Oct 26, 2012I hope you closed it with profit.It dropped to 88.Not much regretfully. Regards
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Davit replied Oct 26, 2012Based upon my brokers order flow.I have 2 accounts main MB trading and Oanda which I use for hedging purposes and volume.Their volume reflects I believe market at large since they are huge. I understand I was skeptical myself since forex is not ...
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Davit replied Oct 26, 201238.2 Fib is 6055 More likely to reach as 1st TP Please note that everyone risk tolerance is different.I trade small lots so I can relax during market noise times. Here you go on idi.I find it to be great.You can change the colors to suit you.
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Davit replied Oct 26, 2012I want to share something interesting.Note that my down candle is black and my volume down climax bar is black. Notice how big black bar is tallest of all the bars? What this hints that institutional big money is selling not buying.I am not ...
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Davit replied Oct 26, 2012It could be exactly that as well however sentiment is bearish and this is Fri. I think in probabilities.Which scenario is more likely to happen? We had great numbers today on USD Thurs morning and not much happened.I suspect sellers are waiting for ...
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Davit replied Oct 26, 2012The way I see it this system and similar ones have major flaw.Flaw is usually by the time all the elements line up 80% of the move is done already and you are entering remaining 20% and at that point chance of reversal is great. Furthermore if PA is ...
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Davit replied Oct 26, 2012I think personally Euro is oversold or closer to its bottom however GU is grossly inflated and has lot of room to deflate. Technically 1.29 Euro should be in sink with 1.59 GU we had 1.61 GU and 1.29 EU ..... Matter of time before the wall breaks at ...
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Davit replied Oct 26, 2012My thought process on tonight GU short Notice 38.2 Fib crosses 200EMA and 72EMA at 6055 If PA breaks we could go all the way to 60 which is my TP at 61.8 important Fib.
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Davit replied Oct 26, 2012Hi Sarvana and the gang here Just food for thought Fridays are usually either sell off or buy.I suspect tonight sell off. I am short on GU. What I am saying is if dollars pairs are dropping like EU GU AU then you don't need a "signal" set up to join ...
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Davit replied Oct 25, 2012Closed my 3x AU with 78pip profit I am letting GU run to 60
You made me think about UJ a pair I rarely look.Thanks
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