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Techanalyst replied Oct 24, 2018I've noticed recently you are posting about waves, fibs and so on but not much charts. Why don't you post charts with the explanation like most of us do, that way we can see what exactly do you mean and if it works.
EURUSD only
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Techanalyst replied Oct 24, 2018Closed my long on hourly chart. This is going further down. TP @:1.1305.
EURUSD only
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Techanalyst replied Oct 24, 2018Pay attention to the economy and financial news. From looks of it we will hit another recession before it gets better. That can cause another 200 move down or more. That means you will have a position open for months or years and you will get a ...
EURUSD only
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Techanalyst replied Oct 24, 2018Let's say you entered long at 1.1730. No SL at all. Price goes down you are holding. Price retraces back to 1.16xx. Goes back down again which is a bigger possibility then price going back to 1.1730 and above that. You are still in the negative. You ...
EURUSD only
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Techanalyst replied Oct 24, 2018The strategy you use is called drawdown strategy. It works sometimes but in the long run, it is a guaranteed failure.
EURUSD only
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Techanalyst replied Oct 23, 2018Done for now. Good profit today. Closed my short since yesterday small profit. Today buy good profit. But this looks like accumulation for price to drop more down. Time will tell. Trade safe. Daily chart.
EURUSD only
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Techanalyst replied Oct 23, 2018Waiting for one of the levels to break. So far small ranging.
EURUSD only
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Techanalyst replied Oct 22, 2018Where is that rally because I don't see it on the charts? I see this on the charts...
EURUSD only
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Techanalyst replied Oct 22, 2018No confirmation yet to buy. I wouldn't jump in to buy just yet.
EURUSD only
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Techanalyst replied Oct 18, 2018"Draghi said to tell EU leaders Euro Area outlook positive: BBG" The 30 pips move up do to news. Looks like knocking all the SL's near by before going back down again.
EURUSD only
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Techanalyst replied Oct 17, 2018Just an advice... never ever make buy/sell entries based on other traders entries. If it works for one trader does not mean it will work for you. All you need to do is watch the price action learn from others, but always buy/sell based on what you ...
EURUSD only
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Techanalyst replied Oct 17, 2018Absolutely not correct that fundamental news beats technical analysis 100%. Professional traders that trade for banks and other financial institutions and so on like hedge fund managers do have strategy they use more fundamentals and less technical ...
Fundamental Trading Always beats Technical Trading 100%