Profit / loss analysis and trading talks
Jul 07 at 11:57
Luigi_gi223 posted:Too hard to follow this strategy in all details. Rather I would adopt key concepts and try to build my proprietary system based on themRaven1209 posted:I would also like to know, please share your experience. How do you get out? Do you place stops or delays? How? And what works best for you?MarcellusLux posted:It's a smart move to consider these intermediate resistance levels, as they often catch traders off guard. Does anyone have a strategy for dealing with such midway resistance points in their trading?Ollie33 posted:I agree that a new highly probable case is now available: reaching the level of 1.11000 that you mentioned.
Hi,
my short analysis: unfortunately, I had to take a loss before the holidays and accept the fact that I believed in further growth of the euro dollar when it reached a bright high at Friday. The Fibo showed a good opportunity to reach 1.1100, the level of 1.10300 was passed quickly, but I was too optimistic for the holiday market.
Anyway I remain positive and wish you have a great time these days.
I would pay attention to the weekly EMA 200. The line was reached and the price even went higher, but it was an uncertain and weak breakout, which can be considered false. Therefore, this level (1.10140) will be a marker for further buy trading. The long term MACD indicates growth while the short-term hourly and four-hour MACD are in a rather unstable, intermediate position. This may mean that the correction has a chance to continue within one day, at least to 1.1000.
I would also pay attention to the midway resistance level 1.1070, which may become an unpleasant surprise for those who decide to enter the market too late.
Jul 08 at 10:49
@MarcellusLux Is it possible to combine your trading system with other algorithms? I’m curious to see how your approach could integrate with different strategies.
會員從Jan 11, 2023開始
11帖子
Jul 10 at 14:30
bardachok posted:Thanks man, I'm trying to understand some key points maybe something will work for me too. How about you? Do you have certain things that work for you for sure or do you like Im put/exit as you see it?Luigi_gi223 posted:Too hard to follow this strategy in all details. Rather I would adopt key concepts and try to build my proprietary system based on themRaven1209 posted:I would also like to know, please share your experience. How do you get out? Do you place stops or delays? How? And what works best for you?MarcellusLux posted:It's a smart move to consider these intermediate resistance levels, as they often catch traders off guard. Does anyone have a strategy for dealing with such midway resistance points in their trading?Ollie33 posted:I agree that a new highly probable case is now available: reaching the level of 1.11000 that you mentioned.
Hi,
my short analysis: unfortunately, I had to take a loss before the holidays and accept the fact that I believed in further growth of the euro dollar when it reached a bright high at Friday. The Fibo showed a good opportunity to reach 1.1100, the level of 1.10300 was passed quickly, but I was too optimistic for the holiday market.
Anyway I remain positive and wish you have a great time these days.
I would pay attention to the weekly EMA 200. The line was reached and the price even went higher, but it was an uncertain and weak breakout, which can be considered false. Therefore, this level (1.10140) will be a marker for further buy trading. The long term MACD indicates growth while the short-term hourly and four-hour MACD are in a rather unstable, intermediate position. This may mean that the correction has a chance to continue within one day, at least to 1.1000.
I would also pay attention to the midway resistance level 1.1070, which may become an unpleasant surprise for those who decide to enter the market too late.
會員從Aug 19, 2021開始
244帖子
Jul 10 at 14:51
Oh the pound is growing well now. What do you think about trading @MarcellusLux ? In the short term I suppose you can make profit.
Jul 14 at 19:55
Luigi_gi223 posted:Yes support and resistance levels, plain ones, on large timeframes work extremely well. The biggest issue is being patient and wait. Sometimes it takes month for me to enter into a great trade with decent risk/rewardbardachok posted:Thanks man, I'm trying to understand some key points maybe something will work for me too. How about you? Do you have certain things that work for you for sure or do you like Im put/exit as you see it?Luigi_gi223 posted:Too hard to follow this strategy in all details. Rather I would adopt key concepts and try to build my proprietary system based on themRaven1209 posted:I would also like to know, please share your experience. How do you get out? Do you place stops or delays? How? And what works best for you?MarcellusLux posted:It's a smart move to consider these intermediate resistance levels, as they often catch traders off guard. Does anyone have a strategy for dealing with such midway resistance points in their trading?Ollie33 posted:I agree that a new highly probable case is now available: reaching the level of 1.11000 that you mentioned.
Hi,
my short analysis: unfortunately, I had to take a loss before the holidays and accept the fact that I believed in further growth of the euro dollar when it reached a bright high at Friday. The Fibo showed a good opportunity to reach 1.1100, the level of 1.10300 was passed quickly, but I was too optimistic for the holiday market.
Anyway I remain positive and wish you have a great time these days.
I would pay attention to the weekly EMA 200. The line was reached and the price even went higher, but it was an uncertain and weak breakout, which can be considered false. Therefore, this level (1.10140) will be a marker for further buy trading. The long term MACD indicates growth while the short-term hourly and four-hour MACD are in a rather unstable, intermediate position. This may mean that the correction has a chance to continue within one day, at least to 1.1000.
I would also pay attention to the midway resistance level 1.1070, which may become an unpleasant surprise for those who decide to enter the market too late.
Jul 17 at 08:16
Hey @bardachok are you a trader? Could you share your results? Since in your profile I see only for 2016 Jan.
會員從Jan 24, 2023開始
13帖子
Jul 17 at 13:18
What are some good channels on YouTube to learn analysis and strategy?
會員從Jan 11, 2023開始
11帖子
Jul 17 at 15:08
bardachok posted:Yeah I agree. Patience is key when it comes to trading. How do you usually determine the best times to enter and exit trades? Do you use any indicators?Luigi_gi223 posted:Yes support and resistance levels, plain ones, on large timeframes work extremely well. The biggest issue is being patient and wait. Sometimes it takes month for me to enter into a great trade with decent risk/rewardbardachok posted:Thanks man, I'm trying to understand some key points maybe something will work for me too. How about you? Do you have certain things that work for you for sure or do you like Im put/exit as you see it?Luigi_gi223 posted:Too hard to follow this strategy in all details. Rather I would adopt key concepts and try to build my proprietary system based on themRaven1209 posted:I would also like to know, please share your experience. How do you get out? Do you place stops or delays? How? And what works best for you?MarcellusLux posted:It's a smart move to consider these intermediate resistance levels, as they often catch traders off guard. Does anyone have a strategy for dealing with such midway resistance points in their trading?Ollie33 posted:I agree that a new highly probable case is now available: reaching the level of 1.11000 that you mentioned.
Hi,
my short analysis: unfortunately, I had to take a loss before the holidays and accept the fact that I believed in further growth of the euro dollar when it reached a bright high at Friday. The Fibo showed a good opportunity to reach 1.1100, the level of 1.10300 was passed quickly, but I was too optimistic for the holiday market.
Anyway I remain positive and wish you have a great time these days.
I would pay attention to the weekly EMA 200. The line was reached and the price even went higher, but it was an uncertain and weak breakout, which can be considered false. Therefore, this level (1.10140) will be a marker for further buy trading. The long term MACD indicates growth while the short-term hourly and four-hour MACD are in a rather unstable, intermediate position. This may mean that the correction has a chance to continue within one day, at least to 1.1000.
I would also pay attention to the midway resistance level 1.1070, which may become an unpleasant surprise for those who decide to enter the market too late.
Jul 23 at 10:02
Raven1209 posted:Yeh I also see a downward trend, especially on the H1 chart. My advisor has already started trading short. Let's see.
EUR/USD's recent drop has been significant. If it breaks below the current support level, we might be looking at further declines. Just watching closely to decide the next move. Thoughts on the current trend?
Jul 23 at 10:19
The decline is justified and will continue. US US economy is surging which may cause inflation to be persistent and interest rates to be lowered at a slower pace. But Eurozone economy is so weak that ECB will have to lower rates faster to keep the economy going. The only risk to this is that the ECB are overly cautious and slow at taking action
會員從Aug 19, 2021開始
244帖子
Jul 24 at 10:59
Oh if looking long term, I expect the US elections to strengthen the dollar a bit and ease the instability we are seeing now. What are your thoughts on this matter?
會員從May 19, 2020開始
438帖子
Jul 25 at 12:52
I was trading when there was a discussion, so I couldn't join the discussion on time. However, at the moment the situation has not changed much. Since yesterday, the EUR/USD once again attempted to rise above 1.08600, but unsuccessfully continued to fluctuate within the horizontal movement with support at 1.08250. I can note that yesterday I traded a long position due to the 15-minute breakout of EMA 100 and divergence on larger timeframes. However, now I also see the possibility of growth, despite the breakout of the EMA 100 on the four-hour chart. After all, the price will also be influenced by the support level of 1.08250, while divergence and the prospect of moving into the positive zone on the hourly MACD adds confidence in the buy scenario. Therefore, for further trading, I suggest watching 1.08600 as the initial marker level and 1.08680 as the key level, and breaking through this level may be a signal for further bullish to 1.08950.
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附件:
@Marcellus8610
Jul 25 at 15:05
@MarcellusLux Nice trade on the jpy!
Jul 29 at 09:44
Raven1209 posted:If the euro dollar does not break the support level of 1.0981 I expect a further rapid decline. For now, I would refrain from trading. I am watching.
EUR/USD's recent drop has been significant. If it breaks below the current support level, we might be looking at further declines. Just watching closely to decide the next move. Thoughts on the current trend?
Jul 30 at 16:54
que76648 posted:Keep the appetite in check. A good trader is a hungry trader:)
Hello, sirs. I am new here and I saw that this thread is one of the most interesting. What tips would you give to a newbie like me to make a profit that is enough to support myself (1000-2000 dollars per month for my country).
會員從Aug 19, 2021開始
244帖子
Jul 31 at 11:41
que76648 posted:Oh what is your investment budget? Do you want to trade or are you considering diversification?
Hello, sirs. I am new here and I saw that this thread is one of the most interesting. What tips would you give to a newbie like me to make a profit that is enough to support myself (1000-2000 dollars per month for my country).
會員從May 19, 2020開始
438帖子
Jul 31 at 15:12
Raven1209 posted:Thanks for following
@MarcellusLux Nice trade on the jpy!
@Marcellus8610
