I left Forex for a while to share trade instead. The fact that you can get real volume information made my strategy far more successful than Forex (my small stock trading pension pot is 33% up in 9 months).
However I've been keeping an eye on Forex and am getting back into it. I can now really see the manipulation and price action at key levels and this seems to be the key to it. For example, after a steady rise, a hard push higher makes little sense and must be the market makers trying to offload a position and/or make people trading the wrong position give up.
I'm long on GBPUSD anyway, but this morning here was some manipulation trying to knock people out of their longs. There was a steady drop, and then big accelerations downwards. Shortly after this it went up nearly 100 pips.
The Captains Chest - Naked Trading & Other Stuff
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ti6543
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dawidforex
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dawidforex
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GBPAUD+H1
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dawidforex
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USDCAD+H1
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dawidforex
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AUDUSD+H4
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dawidforex
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- waza
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Trade's i'm in this week
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" Out of complexity, find simplicity "
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InfiniteLoop
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EURUSD changing direction tomorrow at/just before Gross Domestic Product Price Index announcement (13:00 MT).
It will create low, then move up.
Testing accuracy of my model predictions.
It will create low, then move up.
Testing accuracy of my model predictions.
In all chaos there is a cosmos, in all disorder a secret order.
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dawidforex
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USDJPY+H4
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xrismak
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Hello Davidforex,
You Were indeed Right on that Call for USD-JPY last week..... I Raise my Hat for you...
You have become very Awesome....
Very Shortly you will be Elevated to A Gigantilus.
Happy Trading Folks,
xrismak
You Were indeed Right on that Call for USD-JPY last week..... I Raise my Hat for you...
You have become very Awesome....
Very Shortly you will be Elevated to A Gigantilus.
Happy Trading Folks,
xrismak
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