Ummuaisha:



Exact thing you've thought me, stop loss is there to take off bad trade, fear had made me unprofitable, I need to shake it off. Still very much on the trade

Ummuaisha:
Exact thing you've thought me, stop loss is there to take off bad trade, fear had made me unprofitable, I need to shake it off. Still very much on the trade

saxy4c:

It's going to be difficult to relate what you stated above only yesterday and what you've quoted below now. Two extremes, although I urge you to never be definite in these markets even I could be wrong [but hardly with Gold sha ]
You don't notice the news I post from time to time which I put together to form a bias for my direction? I pay attention to fundamentals bro but I'm purely technical in my entries, I'm very risk averse so I love to take trades at points with minimal drawdown and high potential to move. How do you make assertions like "Bears have run the bulls already". What indications have brought your bias to such precipice?
So you don't use my kind of charts and lines and don't do technicals, you just do your news feeds and inside info trading, how has Bollinger Bands come about now? You wan join us ni ? No go waste your subscription oh!
Well I'm highly of the opinion [of course I expect to be wrong most times] that Gold is on it's way to reverse this down day and probably create a new high to around 1600. I wish you good in your selling.

Blackeuropean:
Let me summarize for you, because I don't know if you deliberately skip my replies to you or you don't just see it.

signalsmedia:
fear and impatience has and is still one of my challenges in trading. its so sad to see a trade move in ur analyzed direction without you all becos of fear and impatience.

tips on how best to overcome this will be greatly appreciated

saxy4c:
EURGBP BUY 0.84380 SL:0.83500 TP:0.85800

saxy4c:
It's your quotes I just requoted man, would I quote and highlight what you posted earlier if I didn't read it to the point of understanding? You for at least try give us heads up with your entries and exits so we can try follow up abi os the scalping for 2pips?
What does "Sell on correlation" mean please?

Blackeuropean:
Then you don't understand my posts.

As for correlation, at the current price the market is, its at correlation point, 1580 and best place to sell

saxy4c:
SELLING GBPJPY 142.60 SL 142.90 TP 141.40

saxy4c:
I'm very open to learning and would try to pay more attention to your posts sir.

signalsmedia:
fear and impatience has and is still one of my challenges in trading. its so sad to see a trade move in ur analyzed direction without you all becos of fear and impatience.
tips on how best to overcome this will be greatly appreciated

saxy4c:
Closing here with 80pips 2R.
Next week looks like some major moves are in play as most pairs are on major support and resistance.
My most probable trade would be to sell EURCAD with 40pips SL and looking for way down.
Then this one is a pure gamble, definitely everyone sees GBP going up on a BREXIT as that should take Pound higher.
I'm risking 10% to SELL GBPUSD at 3200 and 30pips SL , expecting a gap of at least 500pips down on market open. Hope February brings the start of high precision trades again. At least most of the BREXIT and CORONA would be over as the Chinese don find cure.
Have a great weekend guys.

Blackeuropean:
Also try and read about market correlation on babypips.com it will explain to you better than me that don't have the time to explain, all my focus are in Dax and Gold at the moment.

saxy4c:
I should read about market correlation? Ok boss. You said correlation point which I'm sure theres nothing in the markets like that and you'd never find in the whole of even mighty google.
But advice taken. Off to babypips I go again, where are the newbies that'd join me?

saxy4c:
GBPCAD sell 1.73200 SL : 1.73400 TP 1.7000
GBPNZD sell 2.0160 SL 2.0182 TP open.
AUDJPY buy now 73.120SL : 72.780 TP : 75.280
GBPAUD sell limit 1.95250 selling some now SL 1.95650
TP : 1.88200
AUDCHF buy now or limit 0.65000 SL : 0.64700 TP : 0.68330
EURAUD sell limit 1.64300 selling some now SL : 1.64600
TP : 1.60200
I'm going to get a 50K account up to at least 100k in a bit with exactly my trade calls here.

wiconse:

4. Gauging the likely rebound is much harder. There is a reason why currency trading should be left to professionals - not amateurs guessing on the internet like me.

saxy4c:
Closed some trades to add to equity, entered new ones on market open as I called here to sell GBP across board. Pound pairs are about 250pips down across board. Still looking for it to vomit all it stole while the chinese were away, lol.
I dey trade my calls here oh. I'm close to the 100k target. Would withdraw latest tomorrow and take the balance of 50k to 100k again with same calls I'm going to be making here soon again.
Forex na my work oh

wiconse:


some of those trade hit sl. i guess you reentered again

SayDeeJay:


When you find yourself in a situation like this, the BEST thing to do is to STAY AWAY; or else you turn your trading to gambling.

ncpat:
Selling EURCAD

saxy4c:
So as a good trader, you'd let trades that were giving you almost 100pips each on 30pips SL to now totally swallow those profits and still even go to hit your SL? God forbid I'd trade like that until I retire.
Remember that's what @blackeuropean pointed out was a flaw to your trading? You let good wins rollover to bad profits. Why have you scrapped your myfxbook by the way?
Of course, I closed in profits while market was reversing, I mentioned last week as well that some hit SL and I've been crying since before market close that i was selling pounds. There is nothing to guess, the trades are shown on NL and my screenshot.
Why are we so focused on SL trades on here and not see the magnanimous wins and the possibility that we can replicate these gains in our accounts? [Not referred to you] But is it because we are so much used to losing?

wiconse:
look at you talking about myfxbook.where is urs?

saxy4c:
I don't know if I sound like I'm in a quarell atimes, I was just genuinely concerned where it was. Whatever it is though, just don't give up, you aren't do bad on those trades I saw, you just need filters.
Don't worry, I said I have some good news for anyone interested this week, you'd be the one begging certain people to take down their myfxbook or whatever. I don't have time for play bro, I trade, you should know that better.

wiconse:


look at you talking about myfxbook.
where is urs?

saxy4c:
I don't know if I sound like I'm in a quarell atimes, I was just genuinely concerned where it was. Whatever it is though, just don't give up, you aren't do bad on those trades I saw, you just need filters.
Don't worry, I said I have some good news for anyone interested this week, you'd be the one begging certain people to take down their myfxbook or whatever. I don't have time for play bro, I trade, you should know that better.

Blackeuropean:


We are waiting for bull but definately not today, Bears have overrun the Bulls already, the bears may continue tomorrow but lets see how it closes today first. If you are using bollinger bangs, check your bangs on gold, Regards.

wiconse:
i cant dispute d fact that you are a good trader. but then

saxy4c:

So you don't use my kind of charts and lines and don't do technicals, [b]you just do your news feeds and inside info trading, [/b]how has Bollinger Bands come about now? You wan join us ni ? No go waste your subscription oh!
Well I'm highly of the opinion [of course I expect to be wrong most times] that Gold is on it's way to reverse this down day and probably create a new high to around 1600. I wish you good in your selling.

saxy4c:
Doubts keep you in fear my dear friend despite all I do here .
I'm going to do this openly, fund a 1k account [instead of wasting 300, 400, 500 here and there on emotional trades] pay for a good VPN, they are usually around 79usd per month.
Whatever profits I make before valentine, you take half and give the other half to someone I nominate here to fund their trading account.
If I lose your account then I leave here,proven to be just a fraud if I do good then I forever remain vindicated, game?

saxy4c:
Doubts keep you in fear my dear friend despite all I do here .
I'm going to do this openly, fund a 1k account [instead of wasting 300, 400, 500 here and there on emotional trades] pay for a good VPN, they are usually around 79usd per month.

wiconse:


you try

wiconse:
you try