yea I hit that too, made some extra change even though I waited for my strat to allow me to trade so I came in a little late but good call
yeah, thanks. gratz to you to.
No offense to anyone who has been doing this for a while, but it isn’t as advanced as some make it.
I have made over $500 officially with 130+ pips in my first 1.5 weeks.
All it takes is concentration and not jumping at first site of a ‘to good to be true’ scenario.
Each one of my trades have been thought out & I have a 90% positive trade ratio.
I sold my AUD though … off for now, back at it tomorrow.
good luck to you.
it dropped about 130 pips after that. I’m in long at .97110 and looking for around 100pips gain.
edit: bouncing off fib here as expected and well into the buy zone. I expect it will consolidate some before moving a lot more. Probably won’t retrace a whole lot before the NY afternoon slow down. That’s my best guess anyway.
Sometimes it’s better to be lucky than good huh?
Possibly
There is a difference between hundreds AND thousands, which is what I said, and hundreds OF thousands, which is how you interpreted it. Quite a big difference actually.
And seeing how you replied by saying you expect to make 200 trades per month, (hundreds) which equals 2400 trades per year (thousands), then the answer to your question is, yes I can predict the future, and I did already.
If you read my post last night/this morning, you will see I SOLD at about its peak before it crashed 100 pips.
I don’t consider it lucky, I planned ahead, purchased at resistance line, it shot up 30-40 pips … and I sold … after I sold it dropped 100+ pips.
Purplepatchforex, you are dead wrong with your probably{s}, lol, but thanks!
edit
-refer to post 80
/edit
Whatever you might think, as I said I could not possibly comment
Good going though fair do’s.
fair enough, my apologizes
Ah this is was an entertaining read…
MJ, your not going to find any “stats” as FX trading has only been monitored & regulated for a short period of time and even still that’s a voluntary thing and dependent on what country…
Why not ask your broker if they have any information about success and failure… lol… that’s why a demo account usually is for 30 days…
Anyway, enjoy your trading and the banter going on in this thread… your right in one sense that only you can determine your own success.
Cheers
so are you a buyer?
If you read my post last night/this morning, you will see I SOLD at about its peak before it crashed 100 pips.
What’s your point?
I don’t consider it lucky, I planned ahead, purchased at resistance line, it shot up 30-40 pips … and I sold … after I sold it dropped 100+ pips.
Again, what’s your point? Buying at resistance and selling at support is elementary knowledge. The fact that you won a particular trade does not prove you’re a good trader. In fact, why not prove it to us with the “statistics” you so seemingly espouse. You are not the first to proclaim discovery of the holy grail and you sure won’t be the last. Enough with the herp derping, son.
Purplepatchforex, you are dead wrong with your probably{s}, lol, but thanks!
I sense an inferiority complex. An ego is kind of like a scar that builds over a wound.
you really didn’t read much of this did you, or you didn’t really put 1 & 1 together.
If you read, I took ‘purple’s’ words wrong, and I apologized to him.
As far as those other comments, those were towards other members who were ALREADY part of the conversation here.
You are just that guy who walks into a conversation … says their 2 cents … & thinks their intellect carries them one pedestal above everyone else.
In other words, it doesn’t relate to you because you were not part of the conversation! {ever heard of the ‘A-B’ conversation?}
It’s funny because I’m pretty damn sure I double-checked your context before responding.
I appreciate your attempt at an argument, but don’t make it so juvenile next time.
this all reminds me of a favorite quote:
" I reject your reality and substitute my own"
Please read
& I quote myself to ‘purplepatchforex’ …
“fair enough, my apologizes”!
TalonD said … & I quote
“it dropped about 130 pips after that. I’m in long at .97110 and looking for around 100pips gain.”, so I replied
"I SOLD at about its peak before it crashed 100 pips. "
you said
The fact that you won a particular trade does not prove you’re a good trader. In fact, why not prove it to us with the “statistics” you so seemingly espouse.
sooo…where did I every say I was a good trader, IF YOU ACTUALLY READ {AGAIN} you will see I say several times I EXPECT TO LOSE OVERALL.
Again “this barb”, you just JUMP right into the conversation, stir up your mix … & sit on your pedestal staring at the peasants below you.
Learn to read & at-least understand what is going on before you jump in!
kk bye bye
not that anyone gives a dmn but I also entered another long at .97102
Current price is .97785, closed out. cha ching
so not 100 pips but I often close out before target. pips is pips.
I had another pending buy at the next fib level down but it never got triggered.
I give a damn, I was late on the uptrend, but I purchased about .9818, and sold at .9857, 5 lots of $1 pips. Just paid for my Beer at ‘octoberfest’!
American dream ehe!
What American dream?
Absolute joke.
Yeah, and when you remove that scar, blood pours out.