Posting a potential set up happening now on Euro Looks good however Euro has not seen any meaningful retrace since Fed announcement and because of that I am not taking this trade. There is a great sentiment to short the Euro now.Selling pressure has ...

Simple Money Making Method

Good morning brother This is what I believe he does. 1. Break Even after 10-15pips 2. 15pip trailing stop 3.Take profit on half position on next S/R 4.If continues same direction then TP next s/r Above mostly I do myself except I let it ride full ...

Simple Money Making Method

Here is what I just did. I retook the Cad at 9740 and closed it right at 9757 under 200EMA anticipating trend reversal to down. I just know that lot of banks use 200EMA in their trading and its a powerful S/R level hence I am trying to be in sink ...

Simple Money Making Method

You are correct I missed the cross on 9715.I entered at 9745 and took profit on the spike minutes ego.

Simple Money Making Method

Difference is PA is Under 150EMA and Under 200 but above 72 . Hmmmmm To be honest I am confused as to which MA is most important.I know that lot of banks use 200 respectfully as overall trend. So FX perhaps you could explain why your 72MA is best ...

Simple Money Making Method

I closed my buy with +5pips.Nothing to get excited.Looks like Cad may resume downtrand. Jesus just in time.Huge spike down.

Simple Money Making Method

Looks like if it pierces 9760 then next stop is 9790-98 area.If it stalls and shows reversal I will close the trade.

Simple Money Making Method

I would advise only trade high liquidity low spread pairs. I trade Euro,Cable,Aussie and Cad only.4 pairs are enough to find good set ups. Good luck with your trade

Simple Money Making Method

Kind of conflicting picture I get on UCad. PA according to system is a buy which I did however it is also Under 200EMA very respected line and coming very close to it. 1st tpl is the system 2nd is 200ema system which I use as well.I reason PA may ...

Simple Money Making Method

The only reluctance I have shorting this pair is because its way oversold.It is poised to shoot up any day,time,hr. I am long biased on this pair.I am even thinking building a long position in small lots once I see any weakness in down trend. So ...

Simple Money Making Method

FX I know you don't trade the USD/Cad but looks like a classic set up.Look nice retrace to enter with dominate down trade

Simple Money Making Method

To prevent trading in choppy markets one can use HA killing zone indi. Grey candles are NO trading zone.

Simple Money Making Method

I don't see 800 pips down.Last time that happened was 2008 Housing crises and severe economical meltdown. Conditions now are different.Not as drastic as you paint personally.I could see max .95 or .9470 but no further down. I am also skeptical about ...

USD/CAD

Thanks for taking your time explaining.I and lot of others appreciate it.Forum should be like this exchanging ideas. You kind of made me pause and zoom out and look at the bigger picture. Thank you

USD/CAD

My friend I never gloat.I hate that.We traders are same breed of people. Good luck to you. Just a observation. When the herd goes short big Market Makers go long generally because they know where seating ducks are. Now your theory of turmoil in ...

USD/CAD

low 9632 Present 9706 Over 70pips.

USD/CAD

Same people who hate America (USA) buy US jeans,watch American movies,shows, eat American chain food,go Disney world,copy American sports etc. In Iran American TV is most popular underground. Point I am making is envy can be a powerful catalyst for ...

EURUSD

9920

USD/CAD

It should of happened already.If that was a factor.It can still happen but I am long biased.

USD/CAD

Went long again this time little more confident. Market obviously rejected any lower.Fact that while Euro kept rising so did Cad says a lot. Euro went 30 to 3160 and during this period last 12hrs Cad actually went higher! So this is my clue that we ...

USD/CAD