If by 1:15 price stay between1.0815 and 1.0811 I go long at market, price should not breach 1.0815, if price hits 1.0816 will be risky to go long but you can lower your risk nothing more than 1.0816
Maijors
Bids:1.0930, 1.0905, 1.0850, 1.0970
offers: 1.0965 , 1.0920 ,1.0955, 1.0900
Intra day bids and offers will be posted
if we stay between 1.0988 and 1.0994 by 4:00 am Est we got short at market, small risk donât go crazy on this one
if by 6:15ESt price stay above 1.0993 and below 1.0998 I go short at market price should not breach these level
If we stay between 1.0970 and 1.0959 by 9:15 we go long at market should not breach 59, if price breaks it we can still go long above 56 but with a less risk
If we stay between 1.0992 and 1.0999 by 10:30 we go short at market should not breach 92,
2 very nice trade but missed them since they went invalid, lost a chance to make some easy money
If we stay between 1.0998 and 1.0991 by 12:30 we go short at market should not breach 91
Bids:1.0815, 1.0865, 1.0875, 1.0925/30, 1.0950, 1.0970
Offers: 1.1005 , 1.1015, 1.1030,1.1055 ,1.1085
If by 3 am we stay between 1.0987 to 1.0994 we go short at market should not breach 1.0987
[B]Donât use Common Sense[/B]
One important lesson but not the most Important , as youâll learn laterâis that you canât apply your common sense to the forex market and expect to succeed. This is what frustrates all of us so much; you think theyâre doing the right thing, sticking to sound investment principles promoted by seemingly knowledgeable, smart and well intentioned people, and yet they donât see market-beating results in their portfolios. Many investors who think they are doing everything right actually see negative results. So many people come to the market with great expectations, but leave feeling used and abused. Often, their response is to say that the forex market is manipulated designed to send profits to a small number of people who manage the system at the expense of the regular people like you and me. They make the mistake of blaming the market instead of looking in the mirror and realizing that itâs not the market thatâs the problem, itâs their approach. If you are a normal, rational human being, you are predisposed. people they fail in forex market Not because you lack intelligence or desire, but because you donât know how the market really works. Without understanding what drives forex prices and how your decisions are affected by the stress of risk-taking, you can only do well in the market if youâre lucky. Unfortunately, the downside of lucky is unlucky, and over time the two tend to balance each other out. The result is that any market-beating profits you earn are usually given back as losses. For most people, profits in the forex market are just short-term loans. People base their decisions on what makes sense to them. It makes sense to buy currency when the insiders are buying. It makes sense to buy currency that are making positive economic numbers NFP GDP etc⌠It makes sense to listen to news ,experts,etc⌠Yet doing these things rarely leads to market-beating returns. This approach might give you a winner here and there, but those winners will be offset by losing trades, making your success only random. There are, however, a few simple techniques and bits of wisdom that can have a dramatic effect on your investing performance. Learning them does not require a background in finance or exceptional intelligence. They are simple things that will seem obvious once you understand them. Getting you to understand these things is my aim to educate you properly.
I wont do it in one day but only people with patience will get a chance to learn and be among the top 3% of traders.
You can ask all 100 people who trade with me and ask their opinion of if they learned something new something that actually works.
Hope to see you all again.
Offers: 1.1130(100 mil),1.1110 ,1.1095
Bids: 1.1070,1.1050, 1.1035
If by 7 am we stay between 1.1032 and 1.1026 we go long at market we cant break 1.1033
This is by far, the best and the most under-appreciated thread in all of Babypipsâ forums. I have been browsing threads anonymously for more than a year now and I made an account specifically just to thank you Mr. bankorderflow. I myself am a skeptic so Iâve read every single post in this thread and back-tested all your trades. Turns out, you really are more right than wrong.
Please donât ever get tired of posting the bids and offers (light and heavy), even though there are some haters creeping about. May God bless you more!
BIDS: 1.0945, 1.0960,1.0995
Offers:1.0990, 1.0975,1.0955
Thanks for your kind words, I also have another posts on forex factory, i abit more active there. you can follow that one as well if you like.
Forex Level II (Market Depth) follow me with order book - Page 23 @ Forex Factory
and no worries i never get tired of this any ways.
those people who went short at 1.0955 congrats, we got the trade to the pip and all 4 targets was hit
+10 +20 +30 +40
making 6% return.so tell me that you cant make money in this market.
offers: 1.0945/55 1.0975 1.0990 1.0895/90 1.0850 1.0800bids: 1.0900, 1.0920 , 1.0960
bids: 1.0925/30, 1.0900,1.0970,1.10 ,1.0875
offers: 1.0985,1.0955,1.1065