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altzspec replied Feb 12, 2018May allow for one more short, before finally moving up. High likely to be bullish. (But I shall trade only on Wed.)
EURUSD only
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altzspec replied Feb 12, 2018Buyers in control as of now, but until they push it out of the A/D zone, then we have a direction confirmation.
EURUSD only
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altzspec replied Feb 12, 2018High impact news on Wednesday. Keyword: Inflation (Suppressed) Inflation figure: 1.6 Barclay's forecast for this week: SHORT Validity: From the Wellington open Monday morning to the New York close Friday Entry 78.78 take-profit: 76.20 stop loss at ...
NZD/JPY
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altzspec replied Feb 12, 2018Prolonged Choppiness It will happen when the market remains indecisive for long period of time as now happening to EURUSD market. Any EA that relies on grid hedge will fail once it turns from positive hedging to negative hedging slowly materialising ...
My Trade Ideas and Observations
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altzspec replied Feb 12, 2018Grid hedge will not work if the market has prolonged choppiness. I think I might just trade on Wednesday. Skip tomorrow too.
EURUSD only
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altzspec replied Feb 12, 2018Periods with A/D phases Monday (Early Bell) Friday (Late into the night after news release) Asian Session These are the best time to sleep or go shopping. Even though you can earn just by trading successfully within the high and low of biggest ...
My Trade Ideas and Observations
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altzspec replied Feb 11, 2018Good to short at 78.962 or higher. Anything above 50% retracement.
NZD/JPY
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altzspec replied Feb 11, 2018Please report to Forexpeacearmy.
Avatrade declining since December 2017
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altzspec replied Feb 11, 2018No proprietary firm is brave enough to give $100,000 to you to trade. So many competing traders for the same candy. Your share will get less the more traders there are.
Journey from USD1,000 to USD10,000
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altzspec replied Feb 11, 2018If you are good, you don't have to trade for another proprietary firm. They are using you to earn commissions. If they want you to do scalping only, then you should raise alarm bells. The more you scalp, the more commissions they earn.
Journey from USD1,000 to USD10,000
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altzspec replied Feb 11, 2018How to trade a falling market url I am not here to push commercial content, but wish to do some summary based on what is written on this forum thread. "So while price is plummeting in the yellow area, a growing number of clients are holding long ...
My Trade Ideas and Observations
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My Trade Ideas and Observations
Started Feb 10, 2018|Trading Journals|45 replies
Knowng when to diversify to other instrument When one market is having ...
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altzspec replied Feb 10, 2018Currency meter is good for focusing on the strong currency to trade. But there is a caveat. Sometimes, the strong currency with positive direction does go into the negative direction (i.e. Bull/Bear trap). I wonder how you guys trade with it (time ...
Best Currency Strength Meter and why?
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altzspec replied Feb 10, 2018After 1 year, you will be a millionaire. May I know your investor password?
I Trade without losses
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altzspec replied Feb 10, 2018It is equally bullish and bearish with no market bias short term wise. Now at accumulation/distribution phase. Good to do breakout range trading. A/D Range Top: 1.22954 Bottom: 1.21939 If you look at my past posts, I am actually having bullish bias ...
EURUSD only
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altzspec replied Feb 9, 2018Monday: JPY Bank Holiday Following the bearish trend Price has a light rebound after heavy shorting on Friday, still towards the bearish side. It is still good to short at every strong resistance from next week onwards. H1 chart: image Strong ...
NZD/JPY
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altzspec replied Feb 6, 2018Bearish counter-trend in place. Bullish move may be suppressed at the top of bearish channel. However long term wise, the trend is still bullish. image
EURUSD only
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altzspec replied Feb 5, 2018It has bounced off another support at 1.23638. Just be careful here. Counter trend is bearish. But long term trend is still bullish. image
EURUSD only
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altzspec replied Feb 5, 2018Still look bullish as of now, even though there are lots of bears today. Basically, anyone can long the market at the next support if they so choose, and will still be in profit. As what they always say, trade at the retracement, and follow the ...
EURUSD only