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 Forex Version 20, Foreign Exchange Market Discussion

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dwRK
post Dec 4 2019, 12:29 AM

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QUOTE(akib_mullen @ Dec 3 2019, 11:41 PM)
yeah, snr. but this one limit entry. So boring waiting for entry to be triggered  yawn.gif
Trying to be aggressive but it not working for me, always in losses.
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oh I meant stop run area for entry... sweat.gif

yeah these are like fishing... have to be patient

trade reversal vs trend... different skill sets...
Hansel
post Dec 4 2019, 11:42 AM

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QUOTE(dwRK @ Dec 3 2019, 11:10 PM)
2 supermajor oil stocks... one EU the other US, been topping up past 10 yrs... was just looking at liquidating 3 weeks ago before this shit storm... also was gonna hedge it few days back but got distracted by something else...already got plans for this market pullback just didn't manage to execute... oh well...
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Bro,... I don't know what your entry price is, but macro-wise, oil output by OPEC is said to be reducing after the IPO of Aramco this mth.

With reduction of oil output, naturally oil price will increase if the fear of less-demand is low. But the most recent news is that the first phase of the US-China trade truce will probably not take place anymore this year.

Secondly, please do cover the fact that your company may have company-specific issues, for which no positive macro-element be able to overcome.

For eg,.. I bought Eagle Energy Trust (EGL.UN) back in 2011, I think,.. Averaged down throughout the years. Today,... it (EGL) has gone into receivership. This is due to company-specific issues.

Just sharing some of my bad experiences,.... biggrin.gif
fulltimedad P
post Dec 4 2019, 12:33 PM

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QUOTE(mrbigggyyy @ Dec 2 2019, 07:58 PM)
all sorts of traders here haha

maybe you can start and share some setups that you are looking at smile.gif
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One of my setup of the day

Looking forward Pound strength make some move.
fulltimedad P
post Dec 4 2019, 12:34 PM

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QUOTE(fulltimedad @ Dec 4 2019, 12:33 PM)
One of my setup of the day

Looking forward Pound strength make some move.
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https://www.tradingview.com/x/QeT5le02/

forum cant edit post anymore? lol
mrbigggyyy
post Dec 4 2019, 01:38 PM

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QUOTE(fulltimedad @ Dec 4 2019, 12:34 PM)
https://www.tradingview.com/x/QeT5le02/

forum cant edit post anymore? lol
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looks decent.. waiting for sellers momentum to die out first
dwRK
post Dec 4 2019, 02:33 PM

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QUOTE(Hansel @ Dec 4 2019, 11:42 AM)
Bro,... I don't know what your entry price is, but macro-wise, oil output by OPEC is said to be reducing after the IPO of Aramco this mth.

With reduction of oil output, naturally oil price will increase if the fear of less-demand is low. But the most recent news is that the first phase of the US-China trade truce will probably not take place anymore this year.

Secondly, please do cover the fact that your company may have company-specific issues, for which no positive macro-element be able to overcome.

For eg,.. I bought Eagle Energy Trust (EGL.UN) back in 2011, I think,.. Averaged down throughout the years. Today,... it (EGL) has gone into receivership. This is due to company-specific issues.

Just sharing some of my bad experiences,.... biggrin.gif
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thanks for the concern bro. sorry to hear about your egl... I too have my fair share of dca till pn4... biggrin.gif that's why I'm so -ve when ppl say martingale can be good last week...hahaha

I'm only into big oil...Shell, BP, Chevron, Exxon, etc...but plan to reduce stake and diversify elsewhere....these are my "savings" stocks getting relatively good dividends even in downturns, but it's time to move on smile.gif
akib_mullen
post Dec 4 2019, 03:42 PM

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Price hit key level 1 + daily range high + volume spike type 1 at right location and timing, got possibility to short euraud now. But I will stay away
dwRK
post Dec 4 2019, 03:59 PM

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QUOTE(akib_mullen @ Dec 4 2019, 03:42 PM)
Price hit key level 1 + daily range high + volume spike type 1 at right location and timing, got possibility to short euraud now. But I will stay away
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I only know up and down... didn't know got level 123 and type 123... biggrin.gif
Hansel
post Dec 4 2019, 04:05 PM

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QUOTE(dwRK @ Dec 4 2019, 02:33 PM)
thanks for the concern bro. sorry to hear about your egl... I too have my fair share of dca till pn4... biggrin.gif that's why I'm so -ve when ppl say martingale can be good last week...hahaha

I'm only into big oil...Shell, BP, Chevron, Exxon, etc...but plan to reduce stake and diversify elsewhere....these are my "savings" stocks getting relatively good dividends even in downturns, but it's time to move on smile.gif
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Ok bro,... tq for the reply,.. sometimes, must take a break first, then the mind becomes clearer and we suddenly 'KNOW' the objectives in our mind are RIGHT !
akib_mullen
post Dec 4 2019, 05:28 PM

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QUOTE(dwRK @ Dec 4 2019, 03:59 PM)
I only know up and down... didn't know got level 123 and type 123... biggrin.gif
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Ala bro, that is what i been taught. As long we all make money, then any methods is no issue. biggrin.gif
dwRK
post Dec 4 2019, 05:53 PM

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QUOTE(Hansel @ Dec 4 2019, 04:05 PM)
Ok bro,... tq for the reply,.. sometimes, must take a break first, then the mind becomes clearer and we suddenly 'KNOW' the objectives in our mind are RIGHT !
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haha ya so true

btw... you doing the free n easy family car type tour or the performance car race you up the hill tour biggrin.gif

This post has been edited by dwRK: Dec 4 2019, 05:53 PM
dwRK
post Dec 4 2019, 06:23 PM

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QUOTE(akib_mullen @ Dec 4 2019, 05:28 PM)
Ala bro, that is what i been taught. As long we all make money, then any methods is no issue.  biggrin.gif
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just tease bit... wink.gif

I know got guru teach set ups and giving it names and codes... just that for 99.999999% of us have no clue what it means

btw what course, how long, how much? just curious
akib_mullen
post Dec 4 2019, 06:25 PM

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QUOTE(dwRK @ Dec 4 2019, 06:23 PM)
just tease bit... wink.gif

I know got guru teach set ups and giving it names and codes... just that for 99.999999% of us have no clue what it means

btw what course, how long, how much?  just curious
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It is indicator actually. Got all vids from start. Last time i paid 7++. Free upgrades etc if indi update. Lifetime
Archemedia
post Dec 4 2019, 06:28 PM

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why YEN pairs sudden spike? no news @ FF??
dwRK
post Dec 4 2019, 06:29 PM

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QUOTE(akib_mullen @ Dec 4 2019, 06:25 PM)
It is indicator actually. Got all vids from start. Last time i paid 7++. Free upgrades etc if indi update. Lifetime
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I c... thanks
hft
post Dec 4 2019, 07:00 PM

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QUOTE(hft @ Dec 2 2019, 02:15 PM)
UC climbed, another selling window yeahah.
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EU GU buy and UC sell nice profits this week.
mrbigggyyy
post Dec 4 2019, 07:39 PM

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QUOTE(Archemedia @ Dec 4 2019, 06:28 PM)
why YEN pairs sudden spike? no news @ FF??
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trump.. money is flowing into safe haven currencies right now
holocauster
post Dec 4 2019, 07:40 PM

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QUOTE(Archemedia @ Dec 4 2019, 06:28 PM)
why YEN pairs sudden spike? no news @ FF??
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On the technical side, extreme price + ADR.
Alan Andrews
post Dec 4 2019, 10:17 PM

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Nice MACD divergence in GBPCAD daily chart.! smile.gif
Archemedia
post Dec 5 2019, 02:02 AM

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QUOTE(Archemedia @ Oct 16 2019, 09:31 AM)
user posted image

Wish me luck mega_shok.gif
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Attached Image

Breakeven soon... nod.gif

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