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- galactico replied May 8, 2024
that RED news is tomorrow
- galactico replied Jan 10, 2024
Hi Kirk I've been following the thread from the start in the background and would like to say a huge congratulation. Regardless of if the system makes money, the way you lead the discussion is very good and disciplined, also polite. I am testing the ...
- galactico replied Feb 3, 2022
i dont understand. You say you stayed out of shorts but wrote 3 or 4 posts where you say you entered short?
- galactico replied May 26, 2020
You have my respect for many reasons, but this is ridiculous. To say that your entries could move the market is weird and you, as an experienced trader, know that it is untrue. This thread generally has 70-100 people viewing. Let's say their average ...
- galactico replied May 14, 2020
After so many failed attempts at breaking 1.088 we're back at a crucial level. On H1/H4 we've been in a slightly rising channel for a couple of weeks with low points hitting a trendline (red on my chart) almost to the pip. That trendline is now at ...
- galactico replied Apr 22, 2020
change your broker
- galactico replied Apr 13, 2020
i maybe wrong but today, like friday, is still mainly a holiday and movements are unreliable. Probably better to just get ourselves into position and planning for the rest of the week. We are currently in a consolidation area, maybe a bullflag, that ...
- galactico replied Apr 7, 2020
So, as WaveGarrick said yesterday, it certainly looks like we've found support at the same level 1.078 area as in mid February, which was after that long steady fall before all the Coronavirus volatility started If we stay above that level Bulls are ...
- galactico replied Mar 25, 2020
It's definitely buying dips time imo. Probably not until tomorrow for me because the Asian session has been unpredictable recently. The H4 is giving Higher lows but we do need a higher high soon to break out of the sort of ascending triangle I would ...
- galactico replied Mar 22, 2020
For when markets open: - 1.065 has supported so far. - We may see a retrace but unless it breaks the 1.085-1.09 area, it is only a retrace - If the current support breaks first stop should be 1.05 area. This is, for me, the most likely scenario (up ...
- galactico replied Mar 19, 2020
"Millions of traders around the world hold their positions over the weekend, are you stating they are gamblers also?" No. I was saying that planning for a gap and making that your strategy is gambling. That's all. No worries. There is enough fun ...
- galactico replied Mar 18, 2020
markets are not like gambling but many people trade in a way that is the same as gambling: that was my point
- galactico replied Mar 18, 2020
last weekend was due to a decision by the FED after hours that was not forecast. This weekend, nobody knows and it would be a dangerous strategy to gamble one way or the other. Take your money to the casino (if its open these days) you'll have more ...
- galactico replied Mar 17, 2020
We have a clear Head & Shoulders on H4 that would take us to 1.098-9 at least and more likely 1.09. Nothing is guaranteed, but the pattern is there.
- galactico replied Jan 15, 2020
Your plans seem to come together quite a lot. Patience is a virtue. Great trading
- galactico replied Jan 13, 2020
This is excellent learning for everybody, regardless of experience level - if you have taken the time & effort to build a system, then follow it (at least until the evidence tells you it needs to change)! This is something that happens to me as ...
- galactico replied Dec 15, 2019
If you are trading the GBP/USD you should know that at exactly that time (10:00pm UK time) the exit polls for the election came out giving the Conservatives a big win. This triggered loads of BUY orders. It was just coincidence that it happened at ...
- galactico replied Nov 27, 2019
Broken? You may be right that today we will see a fall but, for the moment, we have had a strong bounce off support
- galactico replied Nov 8, 2019
OK. Look, I'm not here to argue. Do you really think that a few "big lots" from readers of FF will move the market? Come on All I wanted to show was that yesterday you posted a 25% gain on 120pips. According to your method a worst case scenario ...
- galactico replied Nov 8, 2019
Have you backtested? This is quite a common "method" that generally offers 50/50 but can be profitable with good money management. The fact that you say yesterday you made 25% on 120 pips tells me that your money management will make you bust after ...