Recent content by YourFriend

Hello people, Something scary just happened and i would need your suggestion what could i do to not make the same failure again. The event was listed on economic calendar, it would be much harder for you to understand and for me to explain what exactly i want to ask if event wasn’t on...

You also asked me whether i backtested (and if yes, how) the strategies. I haven't backtested anything. Neither entire ideas (strategies) nor anything on exact symbol BEFORE opening position on real account. However I have idea for this too but don't know how to implement it correctly: After i...

How to 100% accurately confirm that currently, at the time of confirmation on relevant time frame is really uptrend OR downtrend. I have few methods that i learned recently but would need more to protect myself even further. I am scared to death that, even if i lost entire balance, i would enter...

not sure what ''wind up'' is but i assume noone (including me) knows the answer on my question.

I just lost the last few cents i had on my account on AUDJPY. I was in long for 0.01 lot and it seems like broker put it downward on purpose to destroy my balance completely. Now i have nothing left. Nothing. Not sure if UK Ombudsman which could be defined as online court for such market trading...

You can both imagine how i feel after wasting basically my entire life savings that i deposited on my trading account. I worked for years for that money, even made a little profit via won trades but then around 10 trades mainly in December 2018 destroyed everything. Everything I have been...

tomorton I believe for confirmation of uptrend are more important higher lows than higher highs (as you said) but both are important yes. To answer your question about exit rules: I don't change Support and Resistance zones from higher timeframe to lower time frame. I don't even use S, R zones...

Hi, Would like to politely ask if someone could please help me with my disaster situation... After losing around 99.8% of my balance, that equals basically almost my entire life savings (5+ years of 60 full monthly salaries), i am struggling to find failures what i have been doing wrong. What...

Are you having some kind of paid subscription plan on TradingView? There are 3 paid plans. I wonder so, why? Because one or maximum two flags within circle which is always located at the bottom right corner of the chart. But its true that same flag contains multiple events. No matter which...

FXX I tried to do a trade with including what you suggested: to look for high impact events that are directly related to currency of both sides of currency pair. Example: lets say I have some random currency ABCDEF (no real pair of course, its example only). So as you said, first task is to find...

FXX On USDNOK I don't see any such EU Flags. I only see USA flag for date 21th June. Four relevant events but major disadvantage is that it doesn't show impact level. FXX I need to thank you very much for your information - this seems like it is (at least partially) the answer I was looking for...

FXX: As a reply to member Hoggums, I was speaking about USDNOK and not AUD. Stop trading trend reversals means trading trade continuations. See what happened on EURNOK when i opened Short position according to trend continuation and major support line downward cross. Even worse than trading...

there was no high impact RELEVANT (to particular trading symbol) event on economic calendar.

There is no arrogance from me but trading is not a lottery and its not based on pure luck. I am not betting here. Not testing the luck and not being arrogant. You are saying its MY mistake. What is my mistake? How could the following situation on attached graph for opening Short position of...

Why did you guys tell me to work on higher time frame charts, e.g. D1 instead of H4? I did that and now current LOSS of currently opened positions increased from 300 to around 1250 EUR which is around 45% of total account balance. Why?