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EURUSD - Major movement awaits

FxMidaso Updated 9 Giu  in #Trader's blog #Eurusd #Fxmidaso
Monday to Wednesday of this week does not have any major economic news related to EUR or USD. As I have explained in my article TradersJournal - The Holy Grail , I don't expect any major movements in this pair until Thursday. This is the time used by the the big boys to accumulate and plan for the big move. The price is trending within narrow range with occasional shake out to remove the weak hands.
After accumulation, the price should move up after the 3 high impact news of USD are released sim…
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EURUSD Top coming soon or already?

FxMidaso Posted 10 Dic  in #Trader's blog #Eurusd #Fxmidaso
Good day traders, my short term technical indicators has given signal for beginning of downtrend. my technical indicators are mainly stochastic and divergence. I'm already short for EURUSD based on this signal. I haven't obtain signal confirmation in the daily chart which only be updated tomorrow. for now its bear for me.
"Formal education will make you a living; self-education will make you a fortune." - Jim Rohn
"It's good to have money and the things that money can buy, but it's good, too, to
…
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5 Commenti
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FxMidaso 10 Dic

here it comes....

FxMidaso avatar
FxMidaso 10 Dic

I have closed the trade as the price went higher than the previous high for my signal. waiting for the next signal.

agddivisas avatar
agddivisas 10 Dic

good photo!

A15612P avatar
A15612P 23 Gen

Great Statement you've put on there... Besides, i have a little doubt on EURs Top, despite everybody is saying the same...

Dinka avatar
Dinka 13 Apr

True words! Very good picture :)

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Reply to vstath

FxMidaso Posted 9 Dic  in #Trader's blog #Fxmidaso #Vstath
trader vstath asked me this question:
'Hello, I have some question about your blog saying your loss in December. I don't understand if previously you had won a lot. According to your charts you have earned a lot of money???
My accumulated total profit for the year is moderate but my loss for December is now at almost 80%. I'm left with only 20K to trade now. the charts you are seeing is for accumulated 1 year profit.
There are months that i have profit of more than 200K, this is causing the over…
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piter44 avatar
piter44 9 Dic

Every month we can earn many hundreds % of profit and we can loss only 100%. Isn't it so beatiful? ;-)

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FxMidaso 10 Dic

piter44, maybe we can use this as trade management. Only allocate 10% of fund for trading per day/month. if the 10% is used up or lost, no more trading for the day/month. From the Dukascopy graph, it looks like it is good for the long term,. hmmm.......

vstath avatar
vstath 22 Dic

Hi, thanks for the answer. I am a newbie here so I didn't know how to read the graph in your profile. Was not curiosity but rather I was being confused of the numbers shown.

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First blog.

FxMidaso  in #Technical analysis #Trader's blog #Eurusd #Fxmidaso
FxMidaso
The first week of December has been hectic with whipsaws in major currencies. This has caused my portfolio to decrease from USD100,000 to USD20,000.
Instead of looking at what the market did, I'm concentrating on what I did wrong and how I can best make use of this situation and further improve my trading strategies. After analyzing the trades I did, I realize that I made trades by predicting that the market has topped instead of wa
…
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