Today I won 22 trades and only 2 losses :-) I use 3 signals, price action, and candlestick patterns. The signals I use to confirm myself what I saw on the chart! I'm very happy and I hope I can continue this because then this is not luck, but my own system :-)
Can someone maybe explain why a candle can drop 40+ pips, even when there is no new release? What can be the case that when there is a strong bullish movement, that suddenly the market reverse with 40 pips? Of course, I understand that we have to...
I'm just trading 3-4 months, but want to share my thought about something I have seeing this morning.
There is a small trend on EURUSD H1 that goes long for almost 1 month now. It's almost hitting the highest resistance area since 2-2-2017. I have an indicator that showed me that the EURUSD is oversold and besides the news today I believe that this currency pair has potential to drop down.
I'm sharing this with you all because I truly want to know your thoughts about this (I want to learn also) and when do you think the bears are taking over from the bulls :-)?
I hope someone can confirm my analyze about this :-)
I think that when you have your emotion under control in trading, you can make a good amount of money every day. Because I'm still learning, I lost more than 80% of my money yesterday. Thank God it is a demo account, but I was actually disappointed in myself. Today I have won some trades by scalping and taking low profits. Until now I have created 46 green pips with more than $300 profit, and I still have a trade that I can almost exit with profit.
Let's see how it works out for me today, but I have found a way to create small 10 green pips winners by looking at price action (market) and candlesticks.. lol
I was just looking at the forum and what encourage me immediately was the knowledge op people have. It is always great to share our knowledge and help each other where we can..well..that's mine look at things lol.. :-) I wish I can create my own Indi one day!
Hi everyone,Who is also combine trading with:1. Opening Price of the day2. Support and Resistance levels3. Candlestick Patterns I'm honest enough to tell that I'm a newbie, but really want to know your trading story and particular if you trade...