Rewind Back 15 Years

[padutrader]

should learn what tops and bottoms look like

I now have an idea.

if you do not know then buying and selling retracements become totally dangerous

 

[padutrader]

if you put a stop in forex below recent low or high it will trigger.

that is why I and others have found their grave in forex​

 

[padutrader]

learning to trade forex is like learning to read Chinese without a teacher

 

[padutrader]

if you are trading forex there is not time to post charts or explain why.

forex is only for traderGODs

 

[padutrader]

trading is not about momentum, not price action, not volume, not order flow not fib, not Elliot not demark it is about:
see what traders are doing and they can only do two things: buy below low or buy above highs.why bother to learn for 12 years: just see what they are doing and do the same

 

[padutrader]

another week gone

account not blown....but barely.

another week of learning.

hope the week end passes in a hour..in case it does not then enjoy it

 

[padutrader]

sold audusd as per chart

 

[themickey]

sold audusd as per chartView attachment 202886

Australia just won an election on Saturday and it was totally opposite what the polls had predicted.
When you sold AUD did you mean short it I assume as against closing a position?
When our stock market opens in 1.5 hours time, be on your guard, AUD may rocket.
My suggestion, you have entered at a very dangerous time possibly.

 

[themickey]

For some crazy reason showing two 3pm's on the chart.
Maybe different days.

 

[padutrader]

Australia just won an election on Saturday and it was totally opposite what the polls had predicted.
When you sold AUD did you mean short it I assume as against closing a position?
When our stock market opens in 1.5 hours time, be on your guard, AUD may rocket.
My suggestion, you have entered at a very dangerous time possibly.

thanks you are right.....
it will rocket.
but this is a trade not an investment.
i am short i cannot describe it in any way you can see the chart in the trading terminal. i should have said short,my bad
by the time- maybe even earlier- the stock market opens..i may be long if my analysis demands it.

markets often are taken down... to be taken up