hi, @TYGMedia, wow 20 monitars is sounds like alot haha.
Okay i think im understanding this i have a few questions.
Does that mean currently on 15 min we are in a range period? Look at the red box ive drawn. It doesnt look like we are trending at all which looks similar to your range you have drawn on 1d.
Hi @tomo22, this is the sad part … it feels boring
Most of time I will research trading system using MQL5 or Java in cTrader. I will looking for new possible setup in different pair. Maintain my trading server (VPS / Dedicated Server), meeting with my trading partners. Do whatever to kick away the boredom.
I sometime have to fight with my wild cats (even when I feed them ), or look into the sky with my Chameleons. But my hamster is still my best trading companion
Why dont you try something new outside of trading to bring you more excitement. Maybe like learning chess or something. Chess has great values and lessons to learn
Hi @tomo22, if you look from H1 and above, it’s a range. But below H1, it has broken the range. But, yes, it’s moving up.
Range is a perception, you can draw at any TF. It’s your money and risk management to draw a range. For example for swing trader, they will look for trend in H4 or D1, while intraday will prefer the range at M15 and bellow.
The problem with nerd like me, we are not good to socialize with people. As introvert, I communicate better with animal rather than human. I’m not good with gaming. For recreation, I prefers reading or meditation. During holiday, most of time I go to a secluded place, meditation for days.
There is no enough stimulus in the market. EURUSD will probably stay flat.
EURUSD has been oversold, It’s so attractive to accumulate long position. There are time we can do averaging. Always diversify your strategy, but remember to perform it on different accounts.
Here’s an idea, communicate with the market & what is happening right now - this minute.
Take for example see how the S&P is falling - then check out Aud - doing same thing.
So wld i buy Aud next week, is it maybe cos of an election upcoming in US - doesnt mean buy or sell, just means thinking - i,e communication - best wishes
The problem with nerd like me, we are not good to socialize with people. As introvert, I communicate better with animal rather than human. I’m not good with gaming. For recreation, I prefers reading or meditation. During holiday, most of time I go to a secluded place, meditation for days. <
I am alike you, i am introverted too. I like to spend majority of my time without human interaction. if i am to interact with people preferably a smaller group of people is better. People question me and say im missing out but really i find it fun to be alone learning new things
Hi @tomo22, Yes, indeed. After a big fall, from D1, it need LH as in PA. SMC also tells the stronger high is too far away. But a correction will need to form. This is what we are waiting for. Remember in PA after a drop, there will be base. Next either Rally or Drop again. So, it’s our skill to predict next movement. Prediction doesn’t mean have to be accurate. Risk will be taken care by our risk and money management.
Yes, you can say so, if your knowledge base is from CRT. Every single candle is a range. But don’t use weak TF for CRT.
We both are the same then . But when you make decision to make business, being introvert can have you slowdown. As long as, it doesn’t bother you, nothing needs to be worried.
Hi @peterma, thanks for the idea. Market prediction is my scheduled task. I have to share my analysis, trading plan and execution procedure. Every one then discussing it to have a better market view.
Hi @tomo22, Correction means a pullback. It’s also a mechanism to balance the price to its equilibrium.
I’m not really agree applying AMD in forex, since mostly traded two ways. It’s easier to be used in commodity, metal and stock market. You can compare how to define AMD in US30 vs EURUSD.
Trading is very boring, in particular during weekend. Since nothing is better to do, I will try to be productive by open a position while coding a new trading system.
Nice setup 3 candle pattern swallowed at least half way 4 red candle pattern with. Green pattern reversal pattern - nice work the only problem to worry about is the three candle pattern hasn’t been completely swallowed , but she should drop good luck