shalom123:
I see EU sell...weekly tf sha,the sell might start today but am just gonna wait for the opportunity to sell from the lower tf.

unclenna:
I follow price wherever it goes. For now my system gives me a BUY signal for EU but once it says other wise I will follow it. My system follows price and I follow my system. Am in forex to make cash and not to prove that my calls are accurate.

shalom123:

I thought this place was to share ideas on trades and entries and the reasons. Just my first chart here and I am quoted and see the bolded. *going back to watch mode before I am told I have been in this business for x and x years with experience bla black bla*.
REGAL FX.

saintfaculty:
For those that have a working trading system but doesnt have time to trade, i can help in automating your trading system into a robot so it
places trades for u while u go about you work. Below is a screenshotof my trading strategy now a robot, Still testing on a demo account though... $5K demo account now $9k+ within couple of weeks.
send me a pm if u are interested.

unclenna:
I just Bought E.U now (6:29am) @ 1.09907 for 60 pips T.P.

My system still insist that I should remain in the BUY EU trade. Am -20pips down but I have to follow my system. You win some and lose some but at the end what matters is to make good profit.......

currentprice:
i don't even see which one good to buy with friday close on those pair above me

may be few price candle movement will give more clue. with the currentprice candles any little north move is a massive sell off

_{^{it is forex,, buyer can still gain in bearish state}}

Zionplace:
But seriously, unclenna's trading position should not affect shalom123's trading position and vice versa. Or have you both forgotten that in a bearish trending market, the bulls can take advantage in two ways
1. Buyers can buy retracements (say bearish trending market confirmed by weekly timeframe as claimed by shalom123, it may be correct to buy in lower timeframe for few pips like 60 take profit as claimed by unclenna). Price does not go swiftly ONLY in one direction, it swings. To buy and get ONLY 60pips in lower time frame is not too much from the whole almost 800pips common move in weekly timeframe

2. Buyers may turn the weekly market trend which is presumed to start from the lower time frame, with this, pips more than 60 may even be expected. Furthermore, Shallom's notification stated his sell position is not yet confirmed, hence unclenna may be right with his position taking only 60pips: No one is in the forex market trade if you have NO position.

As for me: I checked the weekly EU and realised, momentum/volume is extremely low and may remain ranging for few weeks to come: this may mean that buyers and sellers could go to market to take few pips only, hence unclenna may be right with his position taking only 60pips

unclenna:
I just Bought E.U now (6:29am) @ 1.09907 for 60 pips T.P.

unclenna:
Counter signal shown. -43pips recorded.

frenchman2:
stalking gbpnzd Looking forward to going short around 2.0975

nolly042:
eyes on oil again this week for a buy of 200+pips.

GJ tp hit. waiting for GU

Edd1e:
“Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.”

– Ed Seykota, Legendary Trend Trader

unclenna:
Counter signal shown. -43pips recorded.