Community Blog

Filtered by tags:  Setup
Avatar

13 OCT 16 EURCAD

Hello everyone,
Today I have spotted a break and retest of a rectangular pattern in EURCAD.The idea is to sell between 1.4595 to 1.4630 with a stop loss 1.4668 and target 1.4500 and 1.4400 respectively.
Read full story
Translate to English Show original
orto leave comments
Avatar

DAY 24 - A SETUP IS AN ORDER FROM MARKET

"Those studying the market..are studying what someone said instead of what market said about itself" Richard Wyckoff
As a trader, we have to trust our system and follow its orders. A setup is an 'order' from the market. When you recognize it, you act on it - you don't agree or disagree, for one reason or another. You just take it.
You cannot know until afterwards whether it was a good one. Sometimes you may have a hunch, but that is best ignored, if you have a reliable trading system. The resear…
Read full story
Translate to English Show original
orto leave comments
Avatar

Funny time

one night
Read full story
Translate to English Show original
orto leave comments
Avatar

DAY 23 - A SETUP IS AN ORDER FROM THE MARKET

As a trader, we have to trust our system and follow its orders. A setup is an 'order' from the market. When you recognize it, you act on it - you don't agree or disagree, for one reason or another. You just take it.
You cannot know until afterwards whether it was a good one. Sometimes you may have a hunch, but that is best ignored, if you have a reliable trading system. The research has already been done. Don't mix R&D with trading - they should be kept completely apart.
Read full story
Translate to English Show original
orto leave comments
Avatar

Dinner time , Setup Idea AUD/NZD

Much volatility in AUD today, every one still check the Range in H1 , my Setup idea can u check on Pic,I prefer Pull Back setup. enjoy it. See u on next trade
Read full story
Translate to English Show original
orto leave comments
Avatar

EUR/NZD - Range to be expected!

  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines,Fibonacci Retracements,
  • Prepared with : JForex 4.
  • Current Level : 1.5866
Read full story
Translate to English Show original
Metal_Mind avatar
Metal_Mind 25 June

UPDATE 1: Current price level is 1.5600 which is at over 300 pips deviation from target .

Metal_Mind avatar
Metal_Mind 27 June

UPDATE 2: Deviation increased to over 400 pips.

orto leave comments
Avatar

AUD/NZD Trade Setup Update

More than a week ago I've posted a potential trade setup on AUD/NZD, which was retesting a multi-decade support around 1.0500 big round number and forming double bottom on the weekly chart. You can find that blog post here: AUD/NZD Near MultiDecade Support Level. Trade Pattern Idea
As this pattern idea was based on the weekly chart it was obvious that it will take more time until it will develop itself. Next big resistance level stands at 1.0850 but for now we have another minor resistanc…
Read full story
Translate to English Show original
orto leave comments
Avatar

Setup a forex trading platform

To all experts there ... I need to setup my own Forex trading brokerage platform and linked to market maker .... like to know how to start this , who provides a white label platform setup , which country is the best to setup such office/operation, good market makers to work with .... any aspect that may help is appreciated ....Thanks
Read full story
Translate to English Show original
orto leave comments