Will i ever get it.

ExperiencedJoe said:
That one was closed and switched to short. Ran the short until today and now long again. Here, link to this next time.

MdjL
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So you took a loss ?? but you never take a loss ?? your on the other side LOL

Ofcourse, we believe you ;)


I notice your TF's changed from 2hour to 1day aswell, interesting!!
 
Turveyd said:
So you took a loss ?? but you never take a loss ?? your on the other side LOL

Ofcourse, we believe you ;)


I notice your TF's changed from 2hour to 1day aswell, interesting!!
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Yes, charts come in all TF's. What has that got to do with anything ? I am showing my fan here no arrows are hidden at the top where the original trade was, hence zooming out on the chart.

There's is no pattern to my charts if you are hoping to work out my parameters. My singals are outside of these charts.
 
lucysparabola said:
i had an extra espresso today so searching for it didn't take long. glad to hear the banks made that shit rain, son.
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What's shit rain ? The bank had to pay me. The run downward is reasonably substantial. A bit cut short by today's activities though. I was hoping the short run to last longer. Nevertheless there is a fair chance I am premature being long. But we'll see.
 
Last edited:
Hey everyone...just to divert my thoughts little bit because getting too much in trading...and i have some free time in office right now...

Why do we say that we are taking money from other traders... ??

Very basic question..I mean if the pool is very small and only traders are trading then yes we are taking money away from other traders..but let say in case of EUR/USD , some producer in Europe needs USD, while some one in US needs to have EURO to buy stuff from Europe , so will sell usd and buy EUR...so you know bigger economic level money movements..

now we ( traders) comes in picture and we are just trying to fit in this cycle right....trader who does not get on the right side of movement get crushed..but even me as a trader, if gets some money out of this up/down movement ...i am acting as intermediary for some producer and consumer...as a trader i am just helping them to reach there selling / buying price..or if there are no other traders present..and i am the lone trader..then some time i will act as producer some times as consumer...right...so why do we say that we are getting money from other traders...
i can understand in case of stocks...because i think its limited supply...like small number of young people putting in money ..and some retires pulling out the money...from stock market..so movement is small...and all traders are competing to get that action...but in case of currency i think this should not be the case...
 
note said:
Hey everyone...just to divert my thoughts little bit because getting too much in trading...and i have some free time in office right now...

Why do we say that we are taking money from other traders... ??

Very basic question..I mean if the pool is very small and only traders are trading then yes we are taking money away from other traders..but let say in case of EUR/USD , some producer in Europe needs USD, while some one in US needs to have EURO to buy stuff from Europe , so will sell usd and buy EUR...so you know bigger economic level money movements..

now we ( traders) comes in picture and we are just trying to fit in this cycle right....trader who does not get on the right side of movement get crushed..but even me as a trader, if gets some money out of this up/down movement ...i am acting as intermediary for some producer and consumer...as a trader i am just helping them to reach there selling / buying price..or if there are no other traders present..and i am the lone trader..then some time i will act as producer some times as consumer...right...so why do we say that we are getting money from other traders...
i can understand in case of stocks...because i think its limited supply...like small number of young people putting in money ..and some retires pulling out the money...from stock market..so movement is small...and all traders are competing to get that action...but in case of currency i think this should not be the case...
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I mean the currency movements will happen ..either traders be there or not ?? right..but may be in more haphazard way..but will happen..traders are just smoothing out this fluctuations...
 
note said:
Why do we say that we are taking money from other traders... ??
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You are not taking money from other traders. If you are taking any at all, it would be from the bucketshop or the bank acting as the shop's "impartial" liquidity provider.

Neither the bucketshop nor the bank will give you their money.
 
note said:
I mean the currency movements will happen ..either traders be there or not ?? right..but may be in more haphazard way..but will happen..traders are just smoothing out this fluctuations...
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Price will move to attract orders. Once the orders are found and executed, the price will move to make profit from those open trades.

The first part of the price move can be random. The second part of the move is non-random because it is profit seeking.
 
note said:
Hey everyone...just to divert my thoughts little bit because getting too much in trading...and i have some free time in office right now...

Why do we say that we are taking money from other traders... ??

Very basic question..I mean if the pool is very small and only traders are trading then yes we are taking money away from other traders..but let say in case of EUR/USD , some producer in Europe needs USD, while some one in US needs to have EURO to buy stuff from Europe , so will sell usd and buy EUR...so you know bigger economic level money movements..

now we ( traders) comes in picture and we are just trying to fit in this cycle right....trader who does not get on the right side of movement get crushed..but even me as a trader, if gets some money out of this up/down movement ...i am acting as intermediary for some producer and consumer...as a trader i am just helping them to reach there selling / buying price..or if there are no other traders present..and i am the lone trader..then some time i will act as producer some times as consumer...right...so why do we say that we are getting money from other traders...
i can understand in case of stocks...because i think its limited supply...like small number of young people putting in money ..and some retires pulling out the money...from stock market..so movement is small...and all traders are competing to get that action...but in case of currency i think this should not be the case...
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well, all banks with the odd exception profit, profit huge to pay for there building staff and huge bonus's to there top traders, if all banks do this, the money has to come from somewhere, sadly that's retail, the game is rigged big time to take our money, they know how to move it to trick us and where our SL are most likely going to be ( not our actual SL's ofcourse ), but they know how retail think in general.

So the trick is, not to think like the rest of retail.

$100, per player lost per month * 100Mil players = there income.

You position is likely so small, it's not really noticable and your trading forex via spot, so doubt your order goes to a real market anyway.

Don't over think it, jump on a live move, take thy profit and repeat.
 
p.s. ignore EJ he's paranoid and delusional on this subject LOL

It appears that way to him, as he doesn't really understand it, so he's created some fiction that helps him sleep at night.
 
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