We have opposite correlation.
DOW goes Short. EUR/USD Long and will go much more.It became just today in long time.So let it go. I do not Trade for now.
SEASONS
This was an amazing gift from a Friend this morning and I had to share it:
There was a man who had four sons. He wanted his sons to learn not to judge things too quickly. So he sent them each on a quest, in turn, to go and look at a pear tree that was a great distance away.
The first son went in the winter, the second in the spring, the third in summer, and the youngest son in the fall.
When they had all gone and come back, he called them together to describe what they had seen.
The first son said that the tree was ugly, bent, and twisted. The second son said no it was covered with green buds and full of promise.
The third son disagreed; he said it was laden with blossoms that smelled so sweet and looked so beautiful, it was the most graceful thing he had ever seen.
The last son disagreed with all of them; he said it was ripe and drooping with fruit, full of life and fulfillment.
The man then explained to his sons that they were all right, because they had each seen but only one season in the tree's life.
He told them that you cannot judge a tree, or a person, by only one season, and that the essence of who they are and the pleasure, joy, and love that come from that life can only be measured at the end, when all the seasons are up.
If you give up when it's winter, you will miss the promise of your spring, the beauty of your summer, fulfillment of your fall.
Moral :
Don't let the pain of one season destroy the joy of all the rest. Don't judge life by one difficult season. Persevere through the difficult patches and better times are sure to come some time or later.
Thanks Jonathan, it was a much needed lesson for life (^_^)
YOU CAN DO THIS (^_^)
Now take little Profit for 50 pips.
Make sure your Stops are near Entry.This way we do not loosing nothing.Hold this Entry as much as you can.
I'll Buy EUR/USD 1.3871
Our trades based on Intraday - Daily reversion. Reversion level is Pivot level. Same time they are strong resistance or strong support. Resistance we do Sell, support we do Buy. Thees Entries are 2-7 pips accuracy. And Stops are 25 pips. Later after price moves 17 - 25 pips of Profit move Stops near Entry. Also we do trade follow broken Pivot. In this case I do make special note. It works just
FOREX Trader must to know when to Trade and when,- do not Trade.
Last month was huge success for all of us.Now trade very lightly.When will be very good time for safe Entries I'll let you know.
Next Update just in algforex.com
We got our Intraday EUR/USD 1.3774 Buy.If you'll take some Profit do not close this Entry 100%, just move Stops near Entry.Hold this Entry as much as you can may it will reach channel top line.This way we do not loosing nothing.
Our trades based on Intraday - Daily reversion. Reversion level is Pivot level. Same time they are strong resistance or strong support. Resistance we do Sell, support we do Buy. Thees Entries are 2-7 pips accuracy. And Stops are 25 pips. Later after price moves 17 - 25 pips of Profit move Stops near Entry. Also we do trade follow broken Pivot. In this case I do make special note. It works just
It's time to Trade and it's time,- Do Not Trade. Later I'll do Intraday Update and on this Blog.
Today I do not Trade.All our algforex.com subscribers will get 1 week extra time.
A LOSS IS LIKE A RATTLE SNAKE
A loss is like a rattle snake, DROP IT BEFORE IT KILLS YOU!!!!!!!
As of late, I have been getting emails from traders who have blown up their accounts. Believe me, I know first hand the pain, desperation and frustration that comes with that experience as I have had it many times. The first time I blew up an account I had to get two jobs 7 days a week to almost cover my bills and I was still struggling.
No matter how many accounts I have blown up, I have always managed to do it the same way every time 'holding on to a loss' that grew up to kill me because I refused to let it go, hoping and praying that the market would come back in my favor.
When I would read other traders info that said cut losses, I thought they were being negative and trying to make me lose my money. Had I listened to that wisdom, it would have saved me many heart-aches.
Let's deal with some hard facts about trading:
#1 YOU ARE GOING TO LOSE MONEY HERE!
This is a big girl's game, if You are afraid to lose money, You should be doing something else with your life, it will be much more profitable.
#2 THE MARKET IS VERY VERY GENEROUS AND WILL ALWAYS GIVE YOU OPPORTUNITIES TO MAKE MONEY!!!!!!
-CUT BAD TRADES QUICKLY AND GO IN THE DIRECTION OF PROFIT!!!!!!
Most of us got into forex with the idea that this is easy money, ignoring everything that told us that 95% of all 1st time traders go broke in the market. We ignored it because we decided that we would be part of the 5% who beat the odds. If You are like I was, You read every book You could get your hand on, every website and attended every webinar to make sure You were part of the 5% who were successful here.
FOREX IS NOT HARD. FOREX IS TRICKY AND WITH THE RIGHT EDUCATION AND DISCIPLINE ANYONE CAN DO IT (^_^)
What we fail to realize is that forex is like any other profession, it take most of us a while to be successful here.
NO ONE WHO IS TRULY GREAT DID IT OVERNIGHT, it took continuous education, practice, discipline and sometimes a little blood, sweat, and tears.
I don't care how brilliant a surgeon is, You don't want him to cut on you without PROPER TRAINING & PRACTICE. Notice how many high powered professions are always practicing, 'Practicing Physician', Practicing Attorney'. Other professionals are practicing to get better and so should You.
You can be successful at forex, but not if You are not willing to do what it takes to succeed.
SUCCESS LIST FOR FOREX:
WAIT for a proper trade set-up before entering the market!
LET GO of bad trades quickly!
ALWAYS TAKE MORE than You give!
YOU CAN DO THIS (^_^)
Our channel line is broken, so after some small Long we'll see bigger reversion Shot.
Level just in algforex.com
We got Stops. No Trade. New Update coming in algforex.com.
EUR/USD Main Trend Long, but we'll see bigger reversion.
It was our Yesterday's Update.
EUR/USD Buy near 1.3787GBP/USD Buy near 1.5803AUD/USD Buy near 0.9693NZD/USD Buy near 0.7485USD/CHF Sell near 0.9677
Today we did try to Sell EUR/USD 1.3800 against Main Trend on other Trading Station, Stops did move near Entry after small Profit. Now,- No Trade.Our trades based on Intraday - Daily reversion. Reversion level is Pivot level. Same time they are strong resistance or strong support. Resistance we do Sell, support we do Buy. Thees Entries are 2-7 pips accuracy. And Stops are 25 pips. Later after
I still looking for safe levels. Entry and Signal just in algforex.com.
For now we just watch market movement.EUR/USD 1.3464 was nice Entry Long from our channel line.But later it will reach maybe just 1.3747 and will break little our channel line lower.
Finally we got our 1000 pips and little more for EUR/USD Long.
Today do not Sell EUR/USD it's very dangerous.Our Main Trend is still Long.If you do not have algforex.com Signals, today you can Buy EUR/USD and now, whenever you want on dips and you'll be in Profit. If I'll see bigger reversion I'll let you know.Thank you very much for taking thees Entries.It helps to move market.Now and new people have nice Profit, so next week we'll add much more AUD/USD,
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