01/28 Intraday Update. Next Update just in algforex.com.
EUR/USD Buy near 1.3393.
GBP/USD Sell near 1.5791.AUD/USD Sell near 1.0437.
NZD/USD Sell near 0.8347.
USD/CAD Buy near 1.0033.
USD/CHF Buy near 0.9217.
GBP/USD Sell near 1.5791.AUD/USD Sell near 1.0437.
NZD/USD Sell near 0.8347.
USD/CAD Buy near 1.0033.
USD/CHF Buy near 0.9217.
Yesterday our Call was:
EUR/USD Buy near 1.3323. GBP/USD Sell near 1.5833. AUD/USD Sell near 1.0591. NZD/USD Sell near 0.8443. USD/CAD Buy near 0.9967.
Yesterday our Call was:
EUR/USD Sell near 1.3363.GBP/USD Sell near 1.5911.AUD/USD Sell near 1.0533.NZD/USD Sell near 0.83577
USD/CAD Buy near 0.9903.
USD/CAD Buy near 0.9903.
This week we still hold this strategy.
EUR/USD Sell near 1.3401.GBP/USD Sell near 1.6103.AUD/USD Sell near 1.0573.NZD/USD Sell near 0.8457.
USD/CAD Buy near 0.9831.USD/CHF Buy near 0.9201.
USD/CAD Buy near 0.9831.USD/CHF Buy near 0.9201.
Yesterday our Call was:
EUR/USD Sell near 1.3401.GBP/USD Sell near 1.6103.AUD/USD Sell near 1.0573.NZD/USD Sell near 0.8457.
USD/CAD Buy near 0.9831.USD/CHF Buy near 0.9201.
USD/CAD Buy near 0.9831.USD/CHF Buy near 0.9201.
BANK FRIEND OR FOE?
Yes, it is very true that the banks manipulate the markets making billions off of traders in the process, but it is equally true that the opportunity to make huge windfalls in the market would not exist without the liquidity that the banks provide.
The banks have turned the forex market into a fairytale of unlimited wealth and opportunity. You can live a lifestyle trading that most people only dare to dream about, but don't for a second be under the illusion that they are going to allow you to just waltz in and load up on as much cash as your heart desires. While there is 4 trillion dollars a day in the forex market give or take, the banks like any other business entity is looking to capitalize on as much of that money as possible. It just so happens they have more power than most of us to make things happen that put the odds heavily on their side.
Yes, it is their intention everyday to take your money, but it is up to you if they get it or how much of it they end up with. In other words the banks are either feeding you or feeding off of you.
You can never beat them in the market, it is their game and they have the power to make the rules. The good news is that you can trail them and earn a very very nice living nipping at their heels.
The bank is your friend if you trade with the strength of that power, but it is a breaking force when you trade against that power. Trade with the force that has the power to move the market, or trade against that power and be crushed, it is your choice. Remember NO ONE EVER FORCES YOU TO HOLD A BAD TRADE, BUT THE BANKS LOVE IT WHEN YOU DO!!
Whether the bank is Friend or foe is totally left to your interpretation. Do they feed you or feed off of you?????
YOU CAN DO THIS (^_^)
Next Update just in algforex.com.
Hold all AUD, NZD Long and USD/CHF, USD/CAD Short .Move Stops near Entries.Today no more new Entries.
A LOSS EXPLAINED
Example...If they trick you into a sell position in a bullish market, the longer you hold that bad sell the more of their money you buy at more expensive prices, losing more of your money in the process....
Or if you are tricked into a buy in a bearish market, the longer you hold that bad buy the more of your money you sell at cheaper prices, and your money becomes less in the process.
You never stop that buying or selling until you close out, stop out or are margin called In a bad trade you are getting deflated or inflated money, either way it is a BAD EXCHANGE and YOU LOSE!!!!!
DON'T EVER HOLD BAD TRADES, THEY ARE A RIP OFF !
TRADE A GOOD PLAN WITH STOPS!
YOU CAN DO THIS (^_^)!
Next Update just in algforex.com.
EUR/USD Buy near 1.3227.
AUD/USD Buy near 1.0533.
NZD/USD Buy near 0.8373.USD/CAD Sell near 0.9857.USD/CHF Sell near 0.9197.
AUD/USD Buy near 1.0533.
NZD/USD Buy near 0.8373.USD/CAD Sell near 0.9857.USD/CHF Sell near 0.9197.
Next Update just in algforex.com.
2 weeks we do Sell EUR/USD 1.3247.
Now let's add Short near 1.3171.
Now let's add Short near 1.3171.
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