Now take small amount of Profit.
Move Stops near Entry and let it go.Later we'll see 100 pips and more and I'll do New Update.Today do not Sell EUR/USD.Let it go.
USD/CHF I'll Sell 1.1621 Intraday against the trend.
When we'll have some Profit, Stops near Entry.I did this Entry against Trend on other Trading Station. May we'll see some reversion.
We got our Entry EUR/USD Short.
When we'll get some Profit move Stops near Entry.It's some possibility that EUR/USD will go more North 1.2388 and new support 1.2253.
WHAT ARE MARKET MAKERS
In the financial markets, we often hear the term Market Makers, but who are the Market Makers and what do they do????????????Market Makers are the people who insure that your orders get filled, they keep the market liquid. If you want to move 3,000,000 shares of xyz and there is no buyer waiting for those shares; the Market Makers will buy those shares from you even if though there is no buyer on the other end of the transaction.
Won't the Market Maker go broke doing this???????????
No the Market Makers are Banks and very large financial institution that make their money off of the the difference between the Bid/Ask price which is referred to as the spread. The spread acts to offset the risk of their buying your xyz with no seller lined up in case something goes wrong. Though the spread is often very little, millions of transactions a day creates a very lucrative profit for the Market Maker.
The Market Maker makes money by buying your xzy at 25.5 and reselling it at 25.8. The Market Marker buys low and sells high or sell high and buy low. The Market Maker takes advantages of both the buy/sell, making money in both directions as the market goes up and as the market comes down.
Can a Maker Maker lose money??????????
Sure, if the Market Maker misjudges the market sentiment thinking that the market is going to go up when it comes down. If he bought your xyz at 25.5 and it falls to 13.3, the Market Maker is in trouble if unable to get rid of those shares before price plummets .
Market Makers also get rebates from ECN's (electronic communication networks) for each share that is sold to you at the bid price. On the other hand, the trader who buys the bid of an ECN (your trading platform) is charged a fee. The Market Maker will profit regardless of what kind of order you place whether buy/sell.
In short the market maker makes it possible for you to buy/sell whether there is an existing counterpart to your trade or not for a small fee as long as there is a bid/ask price available.Get 10 Trading Lessons FREE
http://www.ino.com/info/447/CD4033/&dp=0&l=0&campaignid=6
YOU CAN DO THIS (^_^)
Market getting much more predictable, so we in algforex.co we have level for Entry.
Later I'll show in this Blog.Remember - it is easier to ride the trend then to bet against it.This year we do Sell EUR/USD and Buy USD/CHF.
EUR/USD next resistance 1.2577. 8h ago we did this warning.
"Today is different day don't look for EUR/USD correlation with US DOW, Gold, Oil and other currency".When this trick will be over I'll let you know.Let it go EUR/USD. Today we do not Trade more.Some people did break even. Some people lost 17 pips.Our trades based on Intraday - Daily reversion. Reversion level is Pivot level. Same time they are strong resistance or strong support. Resistance we
Market is intriguing and tempt to Sell EUR/USD,...... but wait.
Today is different day don't look for EUR/USD correlation with US DOW, Gold and other currency.When this trick will be over I'll let you know.I'll send Sound Signal and e-mail from algforex.com.Listen to the market, not the media or your financial adviser or conventional investing wisdom.
Still waiting for bigger reversion.
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 15 - 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
In algforex.com Intraday Update is done.
We still looking about 150 pips of EUR/USD reversion Profit.Also we have level for new Sell. It will be like yesterday about 250 pips.Money management addresses the preservation of existing and accumulated capital. Without the implementation of strict adherence to money-management principles, even the best trading strategy will not succeed. Risk management and money management are, in my opinion,
We did Sell EUR/USD 1.2410, but small amount.
Hold what we do have. Never close 100% EUR/USD Short.Do not Buy EUR/USD. It's very risky.If you'll Sell in 2 days everything will go to Profit.Many traders quickly come to acknowledge that despite being familiar with winning strategies, systems, and money management techniques, trading success is dependent on your psychological state of mind. Trading is a performance-oriented discipline. Stress
We can give EUR/USD some time for reversion.
Remember - it is easier to ride the trend then to bet against it.This year we do Sell EUR/USD and Buy USD/CHF.
We did Sell EUR/USD 1.2410, but we still do not have safe Big Sell.
Still looking for bigger reversion Long from 1.2347.Do not Buy EUR/USD. It's very risky.
Reversion moves fallow our prediction, so do not be in hurry to Sell.
Trading affects psychology as much as psychology affects trading.Many traders experience stress and frustration because they are trading poorly and lack a true edge in the marketplace.
In US session we do not Sell EUR/USD.
I did explanation Update why and people got level what we are looking for new safe Sell.Later I'll show this Video and there.
Hold all old EUR/USD Short and USD/CHF Long Entries as much as you can.
In US session algforex.com will do one more adding.These days you can make huge amount money almost without risk.Very simple, just do not Buy EUR and know when to Sell and add.Also it's not big risk to do that in market any time if you are in some Profit.Risky to Buy EUR/USD.
Next week we need some reversion adding more for much bigger Profit.
Just in 3 weeks market moved 900 - 800 pips fallow our prediction.Now in algforex.com. we looking much more after some reversion.
Listen to the market, not the media or your financial adviser or conventional investing wisdom.
Trading affects psychology as much as psychology affects trading.Many traders experience stress and frustration because they are trading poorly and lack a true edge in the marketplace.
Levels for adding is done one more time in algforex.com.
If you do not have algforex.com Signals, just Sell EUR, Buy USD/CHF very small amount and forget for long time. This way you'll see power of Strategy.
Levels for adding is done in algforex.com.
Patterns of volatility and trending are always shifting, and they change across multiple time frames. Because of this, no single trading method will be successful across the board for a given market. The successful trader not only masters markets, but masters the changes in those markets. Remember - it is easier to ride the trend then to bet against it.This year we do Sell EUR/USD and Buy USD/CHF.
Levels of Entry just in algforex.com.
Remember - it is easier to ride the trend then to bet against it.This year we do Sell EUR/USD and Buy USD/CHF.
RESISTANCE, DROP
Resistance is a powerful word, but in the market it can mean the end of a long climb up the latter of a successful bullish run. Points of resistance aren't necessarily concrete, think of them more as a tightened rubber band that if you push into it to hard, it can send you plummeting very quickly.Resistance is what it implies, a possible push against current price action. There are two correct responses you can have at a resistance, turn back (with a proper candlestick confirmation), or wait to see if the resistance is overcome, You never want to go head on into resistance because chances are you will get your butt handed to you. The other thing you don't want to do is automatically turn back without a little push. YOU DON'T ALWAYS WANT OR HAVE TO BE IN THE MARKET. There are times when you need to be on the sidelines in observation mode; at a point near resistance is one of those times. Trying to break resistance is like trying to run over a locomotive on a bicycle. You can't do it!! Your best option at resistance is to rest to see either the strength or weakness of your price action. Whether price is successful at demolishing or chipping away resistance or does a turnabout, wait until it makes a concrete decision before following. NOTE: wherever price leads, follow until you get a signal that it is no longer safe to do so, or until you have had your fill of a nice fat profit.
Let other traders jump in front of the locomotive to slow it down; DON'T YOU DO IT! Save yourself and wait until it is safe. Resistance points can either be safety zones put in place to help you protect your profits or the force and authority to crush you if you try to cross the line. When you come to a resistance point it means STOP!!!!, DO NOT PROCEED WITH CAUTION it is a RED LIGHT, when it is green, proceed with caution because there are times when price will break resistance only to fall back limp under the weight of the break through triumph.
This is not rocket science.
YES, YOU CAN DO THIS (^_^)
PRACTICE, DRILL, and REHEARSE ON YOUR DEMO!!!!!!!!!!!!
EDUCATION, EDUCATION, EDUCATION
EDUCATION, EDUCATION, EDUCATION
Get 10 Trading Lessons FREE
http://www.ino.com/info/447/CD4033/&dp=0&l=0&campaignid=6
http://www.ino.com/info/447/CD4033/&dp=0&l=0&campaignid=6
We did lot long Term Entries with one pip accuracy. Hold all Entries. It's our prediction it's our time.
Remember - it is easier to ride the trend then to bet against it.This year we do Sell EUR/USD and Buy USD/CHF.
EUR, GBP, AUD, NZD Short. USD Long. I'll make Call.
On Friday we have US Change in Non-Farm Payrolls.Today I'll make Update for levels, but situation getting little more risky because of Friday event.
Levels
EUR/USD 1.2933 1.2793GBP/USD 1.5173 1.5043AUD/USD 0.9117 0.9000NZD/USD 0.7217 0.7143USD/CAD 1.0367 1.0267USD/CHF 1.1267 1.1000
We did Buy USD/CAD 1.0100 with 1 pip accuracy. We still hold this Entry.
Now we have 190 pips of Profit.This year we do Sell EUR/USD and Buy USD/CHF.We have hundreds and hundreds open long term EntriesRemember - it is easier to ride the trend then to bet against it.
Yesterday we did Buy USD/CAD 1.0100 with 1 pip accuracy. We still hold this Entry.
Now we have 150 pips of Profit.This year we do Sell EUR/USD and Buy USD/CHF.We have hundreds and hundreds open long term Entries.
TAMING A HOSTILE MARKET
Every day you get up to face a hostile market where the odds are stacked against you.......
How do you Win in the face of such odds ??????????..........
You educate yourself, you practice, you practice and you practice more on your demo and never quit until all of the nonsense and backwardness of the market makes sense enough to where you are consistently profitable........
The Financial Markets are the Biggest most advanced Chess Game in the world, with some of the Richest and Savvy people on the planet as it's players.
When you are first introduced to the financial markets what you see is all of the money you can make quickly, and all of the luxuries attached to conquest.........
What you don't see is the education and hours of dedication and study that the Pros put into making this look effortless. It is by no means effortless, but is put on like a very well rehearsed play and in many instance the Actor before you has gone broke many times, but just never gave up, or the smarter Actors got a good education from the ones who went broke first.
If you find a Pro who is willing to spill her/his guts, learn everything that person has to teach even when it is repetitive, because there is a reason that teacher is stressing that point. Trading is simple with the right tools, foundation and education. You can not build a Major Highway with a hammer and nails, YOU MUST have the right tools to accomplish this. If you get a Bull Dozier, some Dump Trucks, some engineered plans etc......., then your chance of success is much greater than it would be with a hammer, nails and an idea.
With the vision, YOU MUST possess the RIGHT TOOLS. What is absolutely essential for your success is constant education and your charts are the best, most accurate teachers and they will shower you with a wealth of information if only you spend time with them listening to their wisdom........
A good start to success in the market is to understand Price action; what price has done in the past, what it is doing now and where it may be headed. You can begin this journey by picking up Steve Nison's Candlestick book at your local library, master your trend line, master your knowledge of support and resistance. If after mastering these great market jewels, you feel that you need more, then you can then add additional tools with confidence........
The market is like a treasure hunt and the one who has the best map will possess the Treasure.......Education, Education and Education!!!!!!!!!!!!
Education is the Highway out of poverty, and a MASTER KEY to success!!!!!!!!
YOU CAN DO THIS (^_^)
Get 10 Trading Lessons FREE
http://www.ino.com/info/447/CD4033/&dp=0&l=0&campaignid=6
Subscribe to:
Posts (Atom)
