CatFx50 - page 808

 
XKR1962:
All good mihai27 except the comments about gurus. I agree with you that you have to be lucky to find a good one but they sure DO EXIST you just have to look very carefully. Look VERY carefully, there are definately people who can trade profitably and will mentor others, for whatever reason, boredom, karma, ego, whatever.

u are right again .... but my comment was only for the internet kinda forex gurus. Meaning the ones with a website with such a hype that makes u phew... that kinda gurus. Off course there are real good traders out there. It is just hard to find them . You were lucky, that is ure luck . I was`nt lucky for a year and half, but i got lucky actually last week ..lol... last week i started chating with a 16+old good trader . Chatting, not telling me to go long ore short, and only by chatting, i started looking to the market with different eyes.

 

great stuff

mihai27:
u are right again .... but my comment was only for the internet kinda forex gurus. Meaning the ones with a website with such a hype that makes u phew... that kinda gurus. Off course there are real good traders out there. It is just hard to find them . You were lucky, that is ure luck . I was`nt lucky for a year and half, but i got lucky actually last week ..lol... last week i started chating with a 16+old good trader . Chatting, not telling me to go long ore short, and only by chatting, i started looking to the market with different eyes.

Well done buddy, that was my whole point of responding to Ninas negativity.

Trading is damn hard to do BUT not impossible. The best free advice I can give is learn trend analysis and learn how to PROPERLY identify support and resistance. Then learn about trends within trends and fractal analysis.

Everything else, supply and demand, orderflow, elliot waves, 123's, fibs, pivots etc etc IMHO are all just other expressions for trend and SR analysis. I had to learn about all the others to realise all I needed was just trend and SR.

Keep it simple, buy at support and sell at resistance . Good Luck!

p.s. I forgot to mention, TRENDS WORK ON EVERY TIME FRAME. Try to think of every trend as just a retracement on a higher time frame. What looks like an uptrend on the H1 may just be a test of resistance on a downtrend on the daily time frame, that downtrend on the daily could just be a test of support in an uptrend on the monthly timeframe, think about it!

When you understand trends you can trade any timeframe with absolute confidence (providing you have the psychological discipline required, but that's another subject entirely) .

 
XKR1962:
Well done buddy, that was my whole point of responding to Ninas negativity.

Trading is damn hard to do BUT not impossible. The best free advice I can give is learn trend analysis and learn how to PROPERLY identify support and resistance. Then learn about trends within trends and fractal analysis.

Everything else, supply and demand, orderflow, elliot waves, 123's, fibs, pivots etc etc IMHO are all just other expressions for trend and SR analysis. I had to learn about all the others to realise all I needed was just trend and SR.

Keep it simple, buy at support and sell at resistance . Good Luck!

p.s. I forgot to mention, TRENDS WORK ON EVERY TIME FRAME. Try to think of every trend as just a retracement on a higher time frame. What looks like an uptrend on the H1 may just be a test of resistance on a downtrend on the daily time frame, that downtrend on the daily could just be a test of support in an uptrend on the monthly timeframe, think about it!

When you understand trends you can trade any timeframe with absolute confidence (providing you have the psychological discipline required, but that's another subject entirely) .

hy .please !! give some example i really like the sr trading!please

 
nina:
Let me explain what I do today or, if you want, my trading.

I do not day trade. This is a Casino and the shorter the time you choose to trade, the bigger is the Casino.

Happens that a friend of mine is a partner of a hedge fund. So, it is easy, he tells me when and what to buy or when and what to sell. It happens maybe 3 or 4 times yearly. It's enough for me. It gives me extra money. And I'm happy with what I get.

When I quitted day trading I did it cause I realized I was gambling. And I'm not a gambler. There are people here that spend 14 hours per day staring at their screens. OK, if they like that, let it be like this. I don't. It is not a matter of success or failure, it is a matter of the way of life you want to live.

are you still using your system?

 

Hi Nina

I was amazed to see the results and your trading strategy was incredible and I will listen further. Thank you

 

9K hrs learning, still missing something. XKR1962 Please Hello me tevans864@yahoo.com

XKR1962:
Well done buddy, that was my whole point of responding to Ninas negativity.

Trading is damn hard to do BUT not impossible. The best free advice I can give is learn trend analysis and learn how to PROPERLY identify support and resistance. Then learn about trends within trends and fractal analysis.

Everything else, supply and demand, orderflow, elliot waves, 123's, fibs, pivots etc etc IMHO are all just other expressions for trend and SR analysis. I had to learn about all the others to realise all I needed was just trend and SR.

Keep it simple, buy at support and sell at resistance . Good Luck!

p.s. I forgot to mention, TRENDS WORK ON EVERY TIME FRAME. Try to think of every trend as just a retracement on a higher time frame. What looks like an uptrend on the H1 may just be a test of resistance on a downtrend on the daily time frame, that downtrend on the daily could just be a test of support in an uptrend on the monthly timeframe, think about it!

When you understand trends you can trade any timeframe with absolute confidence (providing you have the psychological discipline required, but that's another subject entirely) .

I have spent thousands of hours learning and trading. Scammed more times then I thought possible. I Know a lot and have been breaking even too long. I really need to master this. I have read a lot of people and your words ring the truest I have ever read. Please contact me if you ever come back to this forum at tevans864@yahoo.com. I few words from you might just save a life. I want this more then anything. I am so close but I am thinking about robots again and I need to be saved. Look forward to a few moments of your time. Thanks, Terry

 

Euro response to the bail-out

The Euro intially dropped after the second bail-out was approved. Now it's slowly recovering. Hasn't been at 1.34 for months!

Any thoughts on where it's headed? Back to the 1.4 range?

συναλλαγμα

 

Its surely a very nice strategy and I am going to try this on a demo account first. I love the simple rules, it always help me to stay focused on trading.

Thanks

 

catFx

Hi there

one of the biggest thread of this Forum,more then 800 pages

congratulations

is it still profitable?

 

Some say no more successful because the volatility went terribly down! What was before 300 pips is now 100 pips volatility. Where is no volatility there is no trade because of small sideways channels. There are no more steady trends but irregular spikes caused by Wall Street and big corporate investors. They know how to strip you off.

Hermes

Reason: