OK so if that’s the case maybe we could get a chat room in live real time, because some of your trades are quick like with the momentum etc., so that way you can help us and you don’t charge us
read what banker has said okies…it makes sence…i cant do chat rooms i trade for a lIving i am contributing as much as i can AND dont piss me of on the expence of other people.
Ok sorry guys. I think my request for a Zulu account or such like was taken the wrong way. Dennis is here to help, and for that I am grateful. Banker mentioned a myfxbook account and I followed that up by asking for a Zulu account. I didn’t know there was much of a difference. I am not looking for a handout but it would be nice to have a hand-up while I am learning…ie zulutrade account to follow. As for me Personally I live on the West Coast in the USA and am often asleep during London session so it is hard for me to follow Dennis as that’s when the trades usually develop. I hope I am clear and don’t get confused with a lazy trader looking for a handout.
its ok just learn the methods its very clear at times hehe…everything is cool…i am here to help and if you spend time on this thread you will get it. start with the videos, on the links. you wont understand these trading methods unless you watch the vids first and research additional vids i did not post but vids from the same people (Your work your research). When i was in trouble trading many years ago without a proper trading plan, i can tell you no signal in the world will help you at all.
as traders, its the mastery of our trading plan and oneself, not diverting from it. i sat watching a computer today for hours doing nothing just trying to find an entry that is 100% in line with my trading plan. I did one trade. can you imagine how sh…t boring that is. But i got the reward from my patients, a 40 pip + payoff.
like what banker says: feed a man a fish, or teach him how to fish
all you had to say was i cant do chat rooms im too busy, no need to be rude
Sorry ! am here to help you, do not show beta male traits no egos here…just cold blunt learning which is painful…i am here to help you
gb and sushi in play continued advanced projections live …see the chart watch it play out live
SPOT ON …BED TIME
I really do appreciate what you are doing. You are very unselfish. Thanks!!
Seemed like slim pickins today. Found this one…long on EURCAD. Crossed the 20 with a bit of momentum and closed above, so entered on the open. Of course price gets filled on the Ask so my green arrow (fill price) is higher than the open.
The next bar opened under the 20, so I closed it for -9 pips…looking for the next trade.
well done so you got more on the half close then you got on the - 9 pip sl? …9 pip sl is a bit big …is your broker not giving a tight spread? Or?
No, spread is about 3.x pips…it’s fxcm so spreads are usually 2-4 pips on majors, more on others. It didn’t even get past the spread that whole hour so when it closed below, it just seemed it wasn’t going to up, so why hang on. 20 pips was my usual stop, so that seemed good…lol.
Here’s a list of pairs that have been d***in around the 20 all day driving me nuts:
GBPCHF
EURCAD
USDJPY
EURCHF
EURGBP
GBPCAD
CADCHF
:31:
Alright, here’s GBPCAD, short. Price crossed below 20 with some good momentum, but it seems good momentum = big bar, meaning stop above MA is going to be 15 pips.
This is where we started from when i was in the long trade, then below chart next post is how it is now … well we did good guys we projected price with a 3 pip variance
so how was our forecast lets see the results…
isn’t the 20 still far from the 200 and 20 not pointing down enough Dennis?
i am finshed with projections …All is covered in this thread.
1 UNDERSTANDING THE MARKET SO YOU KNOW WHAT YOUR GETTING INTO - done
2 HOW TO TRADE THE NEWS - DONT DO WHAT YOU BEEN TAUGHT ITS NONSENCE - pending
3 SQUEEZE BLC AND BSC - done
4 KAMAKAZY =(SUSHI ALL WEEK) - done
5 BULLISH LONG CONFIRMATION =BLC (BEARS taken to the Cleaners) done
6 BEARISH SHORT CONFIRMATION = BSC - done
7 SMA PROJECTIONS - done
8 PRICE PROJECTIONS - done
9 COMBINING FIBONACCI (This is Fibs without using price candles, How to project price for the next few days, yep you never seen anything like this) - done
10 DIVERGENCE, how to see divergence before it happens, yes don’t wait for it mark it on your chart in the place it will happen…………………pending
11 CANDLES TO TAKE NOTICE OF - pending
12 CHART PATTERNS THAT SUCK IF YOUR A BEAR IN A BEAR MARKET. AND VISA VERSA - pending
Read more: 301 Moved Permanently
Ok so with projections, the places with interest are 23% 161%.
And the FLOOR 100% level will turn into resistance?
no its good for a short it is far away but theres a decending channal. Cant gurantee you will make the 200 SMA but i can gurantee thats a 30 pip trade aprox, And when you look at the slope of the 20 its gone from up to flat which is as good as point down.
its getting used to the MAs slope…from up to flat is down…from a flat to down is down. takes time to get used to…kind of when the 200 and the 20 slopes our on a slope that will meet one another in the near term…add a 13 sma as a filter…nice trade
C, you will have to study all the charts i did with fibs…as ultimately they set my targets for take profit for the next 19 hours. there are many places of interest on every fib line.
161 is target low and the 23 was short term target high. how price hangs in the other areas is the bases for determining to enter more trades or how to manage trades like SL and TP.