Expectations for the upward impulse to touch base at the levels marked by the 18 degrees angle, and then re-test the bolded red line support levels again ;-)
* Still keeping my long positions until 1.101, then turn the short lights ;-)
* Still keeping my long positions until 1.101, then turn the short lights ;-)
交易开始:
Come on baby, Gimme 1.1025, before we're goin' down ;-)
交易开始:
We are still waiting to hit 1.102. Then we will think what to do. Mind well, I am not giving you an investment advice. I just share some ideas I am dealing with during my trading session. And I hope you have good fun with me!
Mind well, speculation is very risky venture. Always follow your own intuition, and always take responsibility for your own ideas, risks and mistakes ;-)
Mind well, speculation is very risky venture. Always follow your own intuition, and always take responsibility for your own ideas, risks and mistakes ;-)
交易开始:
Mind well, I am not giving you an investment advice. I just share some ideas I am dealing with during my trading session. And I hope you have good fun with me! Mind well, speculation is very risky venture. Always follow your own intuition, and always take responsibility for your own ideas, risks and mistakes ;-)
*Disclaimer: I am sharing just some of my trading views and techniques that evolve with the progress in time, while using some conventional charting tools. I am not on that site to give advice to anyone. If you have fun with following my charts, you are very welcome. If you don't like my ideas, then you may simply ignore my shared work. We are on a social media. I make use of that media in order to improve my knowledge of the market, and my knowledge of the traders' techniques, insights, ideas, knowledge, innovations, expectations, and mistakes. In return to this, I also share some alternative ideas of conventional technical analysis that really has fed me up in the past years. I look forward to find out new approaches for analysis of the market development and to improve my individual performance on Forex. Forex is not just about your technical analysis mastery, Forex is about your psychic preparedness to face risk and control your appetite! Cheers to everybody. Thank you! And wishing you a very successful and profitable trading session!
*Disclaimer: I am sharing just some of my trading views and techniques that evolve with the progress in time, while using some conventional charting tools. I am not on that site to give advice to anyone. If you have fun with following my charts, you are very welcome. If you don't like my ideas, then you may simply ignore my shared work. We are on a social media. I make use of that media in order to improve my knowledge of the market, and my knowledge of the traders' techniques, insights, ideas, knowledge, innovations, expectations, and mistakes. In return to this, I also share some alternative ideas of conventional technical analysis that really has fed me up in the past years. I look forward to find out new approaches for analysis of the market development and to improve my individual performance on Forex. Forex is not just about your technical analysis mastery, Forex is about your psychic preparedness to face risk and control your appetite! Cheers to everybody. Thank you! And wishing you a very successful and profitable trading session!
交易开始:
Playing with my nerves, but I don't give up. I want 1.102 ;-)
交易开始:
Already worries turn into appetite for 1.102 :-D
交易开始:
It smells like 1.104 aready ;-)
交易开始:
Still in. Don't feel fear that easy ;-)
交易开始:
We are trying out x.618 level. Still there're chances to go up ;-)
交易开始:
Anyway, I must admit that I should've closed my long position at 1.101, and I would've been now about to close a short position on a very nice profit, and maybe then issue a new long position for the trade ahead. My decision to stay cool and wait for 1.104 has locked me up over here, and I have not a big choice now, I've around 75% margin level, and choose to wait until the fx rate hits 1.104, or I'll accept the loss and go out for a walk ;-) Cheers!
交易开始:
Phew, guys, ladies and gentlement, my forehead is sweating with cold nervous sweat. What should I do, when that thingie is going further down?? Take the loss? Oh, no. Well, I have a basket of long and short positions. I would tell you a secret. I would wait for some more time, and if the market goes below 1.095, I would simply accept the loss for that long position. Nevertheless, I will then automatically jump to the short position that has been opened some time before the long one. And if the market move is strong enough downwards, I would try to COVER UP my losing long position with the short one. Then, when profit/loss=1, I would close down the short position, and would immediately transcend to another long position opened somewhere around 1.102... I would hope I would be lucky with my longer-term perspective for the UPWARD TREND in EURUSD, because I would result on the positive side, no matter of possible mistake that still remains with the status "Trade active". There is always a second chance, especially if we try to find it with cold brains and wise hearts ;-) Enjoy
交易开始:
We are moving up. Well, then, we are going to Scenario 1. No need to turn on my escape-loss plan ;-)
交易开始:
Like I discussed with "airmac" below, the market is constantly moving from one state to another. From clarity to obscurity. From momentary certainty when we touch support and resistance levels, to relative uncertainty between our psychic coordinate systems. And it does that continuously, at every different time-dynamics, no matter whether we prefer to trade 5M, 15M, 30M, or we would enjoy trading following up our 1H, 4H or 1D market watches ;-) Enjoy life, and never feel afraid to solve confusing challenges! Cheers!
交易开始:
The fx market constantly moves from one state to another. From clarity to obscurity. From momentary certainty, when we touch support and resistance levels, to relative uncertainty between our personal and collective psychic coordinate systems.
And it does that continuously, at every different time-dynamics, no matter whether we prefer to trade 5M, 15M, 30M, or we would enjoy trading following up our 1H, 4H or 1D market watches ;-) Enjoy life, and never feel afraid to solve confusing challenges! Cheers
And it does that continuously, at every different time-dynamics, no matter whether we prefer to trade 5M, 15M, 30M, or we would enjoy trading following up our 1H, 4H or 1D market watches ;-) Enjoy life, and never feel afraid to solve confusing challenges! Cheers
交易开始:
If you want to survive on Forex you try to avoid mistakes. Nevertheless, perfect trade without any mistakes is something impossible in the longer term. Don't feel afraid of mistakes in your trading session. When some trading position starts ringing the red alert on your monitor, try to think of some escape-plan. Mistakes aren't something really so bad, mistakes - like mathematical problems - just challenge your brains to find a practical solution. If you solve your homework fx problems well, you would definitely get the reward ;-) Thanks for following me up, and thank you for your challenging remarks. They help me figure some things out ;-)
交易开始:
Oh, YEAH BABE@! ;-)
交易结束：到达目标:
That was really sweet! ;-) I just made 100% capital gain.
I'm trying to solve the following question. Let's abstract ourselves from our successful trades, when we have hit the jackpot, and when we see our equity grow, when we may set some minimum requirement for tp, and just enjoy our day watching the fx rate. The problem comes, however, when we are on the other side. We've made a trade, but we see that the fx rate goes gradually into the opposite direction. How long should we wait in that situation, should we hurry to sl, or we should think of something more flexible, we should keep that position, no matter that its negative, and open another one, an opposite one, that will compensate the momentary fluctuations we experience. If we manage to hit the right proportion between the sizes of the "mistaken trade" and the "opposite trade", we may not only manage to escape from unpleasant losses due to the unpleasant behaviour of the market, we may also not only manage to compensate to a great extent the negative result that tortures our "mistaken trade", but we may successfully wait safe and sound until the reverse, and then finish out "mistaken trade" on the right side, and finish our adventure very pleasantly.
Actually, I have the feeling that many people think that technical analysis makes their profits. Technical analysis is just analysis, it is not the real trade. Technical analysis and all other market analysis used for trading should give just general directions, meaning general ideas about possible trends, general ideas about possibility and relativity. After we've considered the analyses, however, it's time for the real trade, where ideas may bring or may lose money. Important is that we are as careful and technical with our trading sessions, as with our technical analyses. Actually, analyses are build on assumptions, while our trading is based on actions - buy and sell. While we cannot say we can be 100% precise when we make assumptions - and that's why we always speak in broad terms (also quite vague sometimes), drawing some channels, using different subjective interpretations about history-based statistical indicators, and relatively remote support and resistance lines, and etc.; our trading session is precisely conditioned in accordance to very strict trading rules, that work with very clearly defined mathematical equations...
We don't sell and buy our technical analysis. We only may use it to improve our trading session in the continuity of time, as it may give us ideas of the bigger picture, or the consecutive waves, as described by Elliot. Nevertheless, as most of us trade intra-day, we usually don't have the time and also the financial resources to wait until our expectations for the bigger picture get true, because sometimes this may happen in 1 month, even in 1-2 years. And even if we can wait until then, a momentary volatile caprice of the market, due to some market shock, financial or economic crisis, may kill our trading session just a moment before reaching our final destination.
Everybody is welcome to share ideas, recommendations, criticism, and scepticism.
;-)