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- Kwt4x replied 12 hr ago
you're not missing anything, it's not the type that you would watch a rerun of.
Flying Dutchman
- Kwt4x replied 17 hr ago
I never surfed before, but I nailed the waiting part, does that make me half surfer ? lol
Flying Dutchman
- Kwt4x replied 17 hr ago
there is no guessing in the market, all you need is to stay with the direction and wait for correct pullbacks. you can be aggressive in "stop orders" after the confirmation. cheers,
Flying Dutchman
- Kwt4x replied 17 hr ago
you don't need to be aggressive in trading, remember "good things come to those who wait". today is BoE Interest Rate Decision, trade safe.
Flying Dutchman
- Kwt4x replied 17 hr ago
I just TP my GU trades after 2 days holding, so it's not a buy for me. I'm not a scalper so I need to see a solid HL to enter again. cheers,
Flying Dutchman
- Kwt4x replied 18 hr ago
when price going up like your example, orders above the price will be "sell limit" or "buy stop" "sell limit" will not replace your SL if the price keep going up, you will be adding to your lose. so, "why don't you place your limit, where you would ...
Flying Dutchman
- Kwt4x replied 21 hr ago
limit orders always against the wave direction, even if it's a pullback. but, waiting for a confirmed HL or LH, you can place stop orders since the next readings should be HH or LL. cheers,
Flying Dutchman
- Kwt4x replied Mar 19, 2023
Hi FWR, I'm not upset, if you agree with him that forex is like a casino and you want to trade 50/50, so be it, I'm fine with that
Flying DutchmanI didn't call him a gambler, I know the Dr. and he is a respectable trader, I said comparing forex to a casino ...
- Kwt4x replied Mar 19, 2023
I know the Dr. and seen his videos years ago, he is great in stocks and commodities, but the picture he painted about forex is going to mess up some traders if they take him seriously.
Flying Dutchman
- Kwt4x replied Mar 19, 2023
exactly, that's what I objected on in my first post today "he said: "winning percentage drop when trading forex", and that is not true, trading basics will apply on every market." a man like him should not describe forex as a gambling market. I'm ok ...
Flying Dutchman
- Kwt4x replied Mar 19, 2023
forget "euphoria" and "desperation" , why would anyone trade the market as a casino of 50/50 in the first place ? he said his winnings are 65% and losing 35% , that's the strategy of a 50/50 trader, he do believe the markets are random, so, the ...
Flying Dutchman
- Kwt4x replied Mar 19, 2023
the funny thing is Dow from the 1900's and still works in all markets. the sad thing is the title of the video "Randomness in the Markets" , when all markets has a range that is always respected. cheers,
Flying Dutchman
- Kwt4x replied Mar 19, 2023
I agreed with Dr. Paul in Divergence, but I really disagree on everything he said in this video, and here is why: he said: "winning percentage drop when trading forex", and that is not true, trading basics will apply on every market. he said: "you ...
Flying Dutchman
- Kwt4x replied Mar 18, 2023
Divergence is a leading tool, every day must have one type or another. as Dr. Paul said: Divergence is when price and indicator momentum are not matching. if the price going UP, first thing to match with is yesterday High, if the divergence started, ...
Flying Dutchman
- Kwt4x replied Mar 15, 2023
Hi Kevin, great video, but TIME can automate everything he said + no need to analyze the market anymore, it will be continuous reading. he might be using new words, but to me he is talking about Dow trend stages, a simple HHHL-LHLL. since he ...
Flying Dutchman
- Kwt4x replied Mar 15, 2023
last friday GU stopped at weekly top range. this week so far the monthly top range says "YOU SHALL NOT PASS" :/ day BB is squeezing and range is low, I guess the pullback is coming cheers,
Flying Dutchman