TADING WEEK/MONTH EXPERIENCE. - Page 2

Y

@yokoyi - 4 months ago

This week has been bearish for EUR/USD

0

Y

@yokoyi - 4 months ago

A pretty active week for EUR/USD with Monday setting the high

0

1

H

@headies25284 - 4 months ago

Quoted - yokoyi

A pretty active week for EUR/USD with Monday setting the high

I’m expecting massive sells to buy. The sells have started already. Happy new trading month to everyone.

0

1

Y

@yokoyi - 4 months ago

Quoted - headies25284

I’m expecting massive sells to buy. The sells have started already. Happy new trading month to everyone.

Why were you expecting sells? cos I had expected that this morning eurusd price will rise due to the middle east tensions with the USA.

0

2

K

@kehinde - 4 months ago

Quoted - yokoyi

Why were you expecting sells? cos I had expected that this morning eurusd price will rise due to the middle east tensions with the USA.

bro like seriously, why is the dollar getting stronger when US is at war with Iran?

@headies25284

0

1

H

@headies25284 - 4 months ago

Quoted - yokoyi

Why were you expecting sells? cos I had expected that this morning eurusd price will rise due to the middle east tensions with the USA.

MY SELLS EXPECTATION WAS PURELY TECHNICAL, I DID NOT FACTOR IN FUNDAMENTALS AT ALL. EURUSD GAVE ME A BREAKOUT TO THE DOWNSIDE ON THE WEEKLY TIMEFRMAE WHICH ALIGNED WITH THE MONTHLY TIMEFRAME. THE LIQUIDITY ON THE MONTHLY HAS TO BE SWEPT AND I WILL START EXPECTING BUYS

0

H

@headies25284 - 4 months ago

Quoted - kehinde

bro like seriously, why is the dollar getting stronger when US is at war with Iran?

Well, my expectation is just purely based on technical analysis, i did not consider fundamentals.

0

1

O

@obinna - 4 months ago

Quoted - headies25284

Well, my expectation is just purely based on technical analysis, i did not consider fundamentals.

But the USA is bombing Iran as we speak, fundamentals should not be ignored in a case like this.

@headies25284

0

1

O

@obinna - 4 months ago

Gold has also crossed $5,300/oz due to the conflict meaning investors are running to it so the logical thing should be the US Dollar should be weakening but we are seeing it growing strong. There has to be some reason for this weird happening.

0

1

H

@headies25284 - 4 months ago

Quoted - obinna

But the USA is bombing Iran as we speak, fundamentals should not be ignored in a case like this.

Yh, i get your point but i don't trade fundamentals.

0

Y

@yokoyi - 4 months ago

Quoted - obinna

Gold has also crossed $5,300/oz due to the conflict meaning investors are running to it so the logical thing should be the US Dollar should be weakening but we are seeing it growing strong. There has to be some reason for this weird happening.

Investors were in the middle of crude oil deals before US attacked Iran so they still need to buy dollars to pay for the crude oil. This is part of the reason why you see the dollar getting stronger this morning.

@obinna

0

H

@headies25284 - 4 months ago

My trading experience this week.

This week , i prioritized patience and it showed in the number of trades I executed on my main account. I executed just two trades, one loss and one win. What stood out for me this week is my discipline to stick to my plan. I am so happy i could do that. Also, I only traded setups that met all my criteria.

0

H

@headies25284 - 3 months ago

My trading experience for this week

The week was a good trading week for me. I had a loss on Monday ( I don’t think i will be trading on Mondays again). That was the first loss for the week. I had also two losses afterwards. Today, I took my last trade and was a win and the win covered my loss and I still made profit.

0