Is Forex Profitable?

[blurinvestor]

The cheap price might not be cheap anymore, it is dangling over this - Germany denies the denial of the denial over Deutsche Bank denial.

It will overshoot the possible extension with little hope for it to touch 1.13xx.

Please do your own research. As I am learning and am not providing signal, nor will I be transparent. Else you will see stars

 

[blurinvestor]

there are other pairs that have more value

 

[blurinvestor]

Something new to me - Swing Low. Hence, I made an effort to record it for my on going learning process. Did I learn this from babypips? If I want to learn I must take baby steps from babypips.

 

[blurinvestor]

Look like EURAUD swing low

 

[blurinvestor]

Maybe, AUD and CAD pairs offer better RR.

they go in pairs.

 

[Iamnasez]

blurinvestor you full time trader?

 

[blurinvestor]

blurinvestor you full time trader?

I'm learning about forex, most of the time. Can only consider as full time student.

Trying to understand smart money (bastarx) strategy. Did you notice how they u-turn USDCAD? Many tried to catch the train down based on FA. When the bastarx accumulate substantial shortists they will make a u-turn with various reasons. I remind myself to REMEMBER this all the time.

This is what I'm worry about EURUSD, the bastarx might use DB for a strong and quick U-turn. They are accumulating. I can be wrong totally, but I think not trading this pair up is safer.

Do you believe when ferguson tell his players not to pick up any yellow card and take it easy for this games, because he is betting heavily that MU will lose the games. And the players just know what to do.
sorry this is my nonsensical nonsense again. But not far from the TRUTH, maybe, locally also. :

 

[blurinvestor]

second wave started, this one is slightly worse than the first one. Many had ignore the first one and had became bolder. This second one could be a games changer. Nonetheless, many will hold on till they meet the third wave.

Stock hunt will also push to mid - end Nov.

Don't bother, this is my absolute nonsensical of the nonsensical nonsense about stock market sentiment.

 

[blurinvestor]

I didn't update the map but if really, really want to buy for whatever my reason it will be around 1.116X to 1.124X. Take two third out let one third run to 1.127X, if I am greedy.


Soon China will join DB and the fireworks begin to complete the third wave. So no hope to hunt this Nov, will push to Dec. Hope, I can stop my nonsense but then it will be no more point for me to look at charts.

 

[blurinvestor]

The cheap price might not be cheap anymore, it is dangling over this - Germany denies the denial of the denial over Deutsche Bank denial.

It will overshoot the possible extension with little hope for it to touch 1.13xx.

Please do your own research. As I am learning and am not providing signal, nor will I be transparent. Else you will see stars

Sorry didn't look at the chart before I post, it touches 1.116x about an hour ago. But I believe it will touch low of 1.116X again. Let see.

 

[blurinvestor]

But I have no valid reason to buy. But if I have to I might wait for cheap price and pay the price if it overshoot to possible extension. RR according to my map is OK.

If price don't come to my buy area, that is OK, that should be the way, don't chase after price.

Must start with a map, no map no trade. Follow my map, if I'm wrong I learn a lesson and continue to fine tune my mapping skill.

 

[Iamnasez]

@blurinvestor.

Criteria met to cut loss for my EURUSD

Move on and wait for a new criteria trade to come.

Loss in percentage

2.15641% -63pips loss

I will do a chart and update here.

 

[blurinvestor]

@blurinvestor.

Criteria met to cut loss for my EURUSD

Move on and wait for a new criteria trade to come.

Loss in percentage

2.15641% -63pips loss

I will do a chart and update here.

Let this pair settle first. I remembered long ago I cut lost at $23K I felt I was more free to concentrate.

 

[Iamnasez]

Let this pair settle first. I remembered long ago I cut lost at $23K I felt I was more free to concentrate.

Woah 23k. Firstly, What your account value? If your account is 400k or above, let say 400k i would trade 2mil lot size which is loss of 100pips. Its not consider a lot. Cause my money management for a trading account is can tank 2000pips.

Actually my trading system like math very standard. 14criteria met i trade. Cut loss MA line cross back. that all. nothing much. No need think so much.

 

[blurinvestor]

Woah 23k. Firstly, What your account value? If your account is 400k or above, let say 400k i would trade 2mil lot size which is loss of 100pips. Its not consider a lot. Cause my money management for a trading account is can tank 2000pips.

Actually my trading system like math very standard. 14criteria met i trade. Cut loss MA line cross back. that all. nothing much. No need think so much.

After that lesson I stop and return to demo and staring at the charts, and begin to study about forex - yes from babypips.

Try MA cross before but didn't continue because it never give me an edge.

And after trying many systems I settle with Price action, SR and weekly pivot using HTF to map out a road map. This give me higher winning ratio, indeed, no loss everyday.

Sometime, play the news when I think The RR is good. But not advisable.

Constantly, working on finding an edge. Now trying to figure a way to determine the volume of future and how best to get the live data and interpret it for my advantage. I had try using option data but not promising.

Well, I'm still learning.

 

[Iamnasez]

After that lesson I stop and return to demo and staring at the charts, and begin to study about forex - yes from babypips.

Try MA cross before but didn't continue because it never give me an edge.

And after trying many systems I settle with Price action, SR and weekly pivot using HTF to map out a road map. This give me higher winning ratio, indeed, no loss everyday.

Sometime, play the news when I think The RR is good. But not advisable.

Constantly, working on finding an edge. Now trying to figure a way to determine the volume of future and how best to get the live data and interpret it for my advantage. I had try using option data but not promising.

Well, I'm still learning.

Hahaa. Hopefully let me be the first one to share profitable MA trading. But my trade seldom have don't know have to wait how long again haha.

 

[blurinvestor]

don't chase price, let it comes. Don't try to catch the bottom, I tried before but was badly beaten. If it didn't come you are stress free.

 

[blurinvestor]

Hahaa. Hopefully let me be the first one to share profitable MA trading. But my trade seldom have don't know have to wait how long again haha.

If you continue to sharpen your edge, you definitely can make it.

 

[blurinvestor]

Stop Loss - use , don't use. I had to have an answer.

What if price come back and take me out? I must have an answer even before I place a trade.

 

[Iamnasez]

Stop Loss - use , don't use. I had to have an answer.

What if price come back and take me out? I must have an answer even before I place a trade.

Last time i also don't use stop loss. But when i saw chf, I decide to place a Guarantee stop loss. We won't know what will happen to every currencies in the future,