- Search Energy EXCH
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- GusParker replied May 4, 2024
Here is a quote from an actual millionaire trader that sums it up: image Most trading educators are traders who could never quite cut it, which plays a role in their drive to teach others. They are still desperately trying to fathom it all for ...
- GusParker replied Mar 25, 2024
Snap! (Thinking along similar lines) Here is a rule of thumb that I use for such scenarios with retraces back into big impulse moves that look good for more in same direction. image 'Pitchfork Pivot'. Determined by drilling down to lower ...
- GusParker replied Mar 22, 2024
I consider myself pretty good at this. My bias has been, since the bull trap FOMC pump, über bearish. Yet.... image This is what u truly call snatching small defeat, from the jaws of momentous victory Only big trade was the FOMC pump fade I, that ...
- GusParker replied Mar 21, 2024
What a Hapless Cunt I am. Prognosis generally correct. Decision making, FUCKING SHOCKINGLY BAD. image More interested in NOT losing, than actual winning. It's a big problem. (Scratched trade, was a full sized position. Losing trade, half a ...
- GusParker replied Mar 21, 2024
Intraday Long: image Rationale for trade - Big strong midrange impulse move on FOMC yesterday, leaving vulnerable liquidity zone unharvested. I anticipate the harvesting of this level, is next on the menu for GBPUSD.
- GusParker replied Mar 21, 2024
Above trade ran too far into the red. I positioned myself clearly at the wrong liquidity level, thus have exited previous GBPUSD at scratch, and am moving my short entry up to the next liquidity level, sitting just up above the full High - Swing Low ...
- GusParker replied Mar 21, 2024
Fucking sentiment indicators. Been BULLISH (strongly Net Long) EURUSD and GBPUSD all Week, and what did these currencies do against the USD. They shot up! image It's all b.s. These retail sentiment indicators don't tell you where the real ...
- GusParker replied Mar 20, 2024
My suspicion is, Short the Obvious rinse level. image
- GusParker replied Mar 19, 2024
Don't have a predefined trading strategy. I know that they say that one should have a well defined trading plan/strategy, and follow it no matter what, but what they don't tell you is that the markets are far too organic a phenomena to be mastered ...
- GusParker replied Mar 14, 2024
Rather ambitious target I would say, given the risk tolerance behind a tiny little 'bear flag' (to talk in retail terms) that is just begging to get rinsed, regardless of where the AUDUSD is destined to go. image With that SL, I would like the ...
- GusParker replied Mar 11, 2024
Yeah. First tranche of minor liquidity has been rinsed. 1.280 - ~1.286 looks a good long trade to get into. Question is, where, at this point, do ya risk down to that still gives a decent RR? image Could just go 1:1 RR and risk down just beneath ...
- GusParker replied Feb 29, 2024
Just to be clear, although I am not actively participating atm, my prevaling bias is still long GBPUSD. I will reiterate for Scan Readers DONT BE SHORT THE GBPUSD (imo) BUT, if I were to adhere to the trading principles taught to me by the chump ...
- GusParker replied Feb 23, 2024
Looking at Gold on a multigenerational timeframe... ...there is no more bullish looking chart out there. Sure, indices are all pushing at record highs, but at the same time are looking extremely stretched. Gold is pushing at ATHs, and doesn't look ...
- GusParker replied Feb 23, 2024
Having stared long and hard at GU, my opinion fwiw is, the obvious easy liquidity zone is up above. Having persisted at this shit for long enough, I find that the way I was taught to read the market, is more often than not the wrong way too read the ...
- GusParker replied Feb 22, 2024
Time to get the Fib Extensions out in such cases: Dec 2018 - Feb 2020 Saw a 1.414 Ext from Pivot Low over previous ATH, although 'Black Swans' could be said to have gotten involved there (if u believe there is any such thing as a Black Swan to the ...
- GusParker replied Feb 21, 2024
Case in Point: image Trade idea was observing the n00b M break down, which once upon a time I would have traded short in earnest, but these days tend more to see where my SL once would have been, as a target. Anyhow...aiming for 2:1. Got 1.5, and ...
- GusParker replied Feb 14, 2024
In my view, the high of the Tokyo session is a liquidity pool begging to be harvested....I was waiting with a short sell a bit higher up, so the temptation now would to be move down to the next big engulfing/impulse price candle, and stick SL ...
- GusParker replied Jan 22, 2024
Entry on previous n00b Short Sell trade entry level. Exactly the sort of trade I like to take. One problem is that n00b Short Sell SL levels already been rinsed (see monkey)....which makes the trade outcome less probable in my view.
- GusParker replied Jan 18, 2024
Yep. Looking at the Weekly and Daily charts, GBPUSD doesn't look particularly bearish to me, but neither does it look like a great buy. Where 'they' take it, will likely depend on where the Dumb Money lines itself up (which pretty much describes 90% ...
- GusParker replied Jan 18, 2024
Do you not think that there is perhaps a case that 'business has been done' to the downside across the Risk On currencies (EU, GU, AU)? Tags of liquidity zones in each one, Will watch with interest.