If you cant listen to other people opinion or advice from someone 20x more experiences than you i dont think you should be trading
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Who r you kid he been here for 5 years give or take
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Okay thank you for your help
I only trade USDJPY & GOLD
And about trading sessions I’ll recommend gold for you because it provides opportunities for scalping almost or let me say every day with good reward to risk ratio just take a look at this chart in London-New York session just back test and study it I promise you you’ll dump all other currency pairs
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User 1571073344 changed name from THEHUSSLA🦅 to Just quit
Good morning good people
I have been trading for about 8 months but still have not came up with a stratergy that suits me best..
I use support and resistance, trendlines plus channels on weekly ,daily & h4..
Try to execute on M15 and H1 but still fail as trader
How can I simplify my stratergy
I would also like to know on how to rely on asian,european and american closings and opening & close so that I can add them as confluence on my trading
Thank you
🔍 🟡 Gold Spot Price #XAUUSD
💡 last move up is still a part of wave 2 (orange) corrective structure, price touched 1993.43 which is 78% fib level of wave A (black), this week we will trade wave C (black) targeting 1915, usually in this case wave C = wave A, you can go for SL above 1994, but mine will be 2010 on Monday before moving it lower, good luck.
🔗 original: /channel/GOLDFXCCTradersChat/837000/993703
first of all, thanks for sharing my friend, you are posting others' works, looking for knowledge or explanation, the chart you shared, is predicting butterfly harmonic patterns, which is wrong, you are not supposed to assume patterns until they happen to occur, that's the rule, once it happens, you can say we have H&S, cup and handle ...etc and trade it, and these are classics.
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#VIX
Daily trendline in the green zone possible its target
Yes
When I try to find the levels wave D shows $1866 down that area but the C not at 38.2 fib
Nothing there to really explain
Its what it is, 5 confirmation trades 20pips sl 50pips TP
Who r u ??? First introduce yourself??? You are provoking in everyone’s matters ???
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Try and focus on 2 or 3 pairs...
And study their behavior
User 1571073344 changed username from MUBARAKSAID1 to mubarakTH
As ur learning try smaller time frames let h4 be your highest and for best execution try smaller timeframes like 1 or 5 minutes just identify the last low or high and wait for it to break then have your entry it gives you tight nd comfortable sl I’ve been also learning for a 15 months and still learning I only focused on 5 pairs now after realizing keeping so many pairs in my watchlist keeps me exhausted I decide to develop certain knowledge on them and lastly I think for you to be winning you need to know yourself and develop some state of mind nd to me winning is a state of mind not a specific strategy.
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@Marketlover73 secondly, we already knew it 12 days ago, maybe if you spend more time here you will find that there is a lot of stuff here that you won't find anywhere else, and find our community materials more interesting, enjoy!
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#GOLD
TV auto butterfly show $1840 but the top leg don't line up
Bro when I draw the fib like this it don't touch 0.786fib
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#VIX
$7124 done
Now possible the green zone and its a M pattern so typically the down leg should be longer
Pattern forming and completing all waves except D , which is more likely to be formed . After formation of wave D , then it would start to surge .
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Yes true
But when have to fight to place in order its trouble
