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Hi Mr. D,

The forum sentiment trading thread is here https://www.nigeriaforextrading.com/trading-system-and-egies/72-robinho-system-power-1x8.html

I'm primarily a trend follower and learn...

Hi Mr D,

Hope the trip was good?

Anyways, yeah, I am thinking of taking a short EUR/USD commerce based on sentiment.

There are 3 signs I use for taking four and trades for exiting....

Well, trader sentiment has now shifted so I'm outside; if the sentiment continues to be retail traders internet long on the EUR/USD I might short the pair next week to examine trading using...

Hello soso,

I was going to post now that the pair has started moving again and there could be something worth writing. I stayed long that the 2nd time like I never got the large red per day...

94915Right that's me at 1.4081. Price me 168 pips X both lots I'd built up with pyramiding. If I had only stuck to the principles I would have obtained another 168 pips for the rankings.

94915 Well it appears to be holding up pretty well above 1.40 along with the GBP/USD is managing to stay over 1.60. I will likely go long one lot EUR/USD when it closes over 1.40 when I home from...

Well good luck with it. I'm also tempted to go into but haven't yet. Basically, I think markets are random on short time frames along with the real edge comes from the long-term underlying trend...

I am still believing the trend is upward and I should not have broke the rules and exited.

But I am stressed the resistance at 1.40 might be very, really'hard'.

Was likely to wait...

But you'll never really understand the full story by'narrative reading' as you put it. What I believe is this. Suppose the EUR/USD was at 1.25 and all the stories were negative and you knew...

Hey Mr D

The market has dropped well under 1.3817 this morning and is hoovering about that price right now! (11:50am UK time)

Are you planning on taking a lengthy trade? If so do let us...

The market is now at 1.3930 and approximately 57% of traders are short EUR/USD - I think that the market is therefore more likely to break on the upside than to the down.

I've decided my next...

So, who is considering looking to becoming a long EUR/USD position anytime soon then?

I want back in. But I'm torn between entering on a pull back backed by increased bearish sentiment from...

94915 That has been pretty much the same for me. I said I'd exit on a large weekly candle, either two or three weeks without a new high, or so the open positions ratio. It was hovering between...

94915 Not actually, I neglected to practice what I preached and bent my very own principles

I had been going to exit on a a large weekly red candle. Or the market failing to making a new high...

94915
Really? Congrats guy, to have obtained your win is quite an accomplishment. Can you believe? How long have you been trading by the way?

94915Possibly simply made a mistake and bailed out at 1.3913

94915First time I contemplated taking off this trade. The EUR/USD has gone through the 1.4000 mark, stalled and dropped around 70 pips in one hour or so.

There isn't any technical change...

94915That's another new high close @ 1.3930. This tendency has been strong so far and can't continue. But while it stays there's more opportunity with it than against it. There were 8 new highs...

94915Just discovering the price is stalling now at the 50.0 Fibbo line. Not a motive though, not for me. I'll bond on a large weekly candle, either 2 or 3 weeks without a new large, or a major...

94915Well, the market closed about 30 minutes ago (I set it as 8pm GMT) at about 1.3845 so that is another new high. This trend has been strong.

First lot was clicked at 1.3390 455 pips...

94915
Thanks for the reply and I hope the trade works out to you.

Personally, I will let a winner to evaporate. I will not take the trade off the table if I feel that the trend remains in...

94915It's great if you're able to get in at a better price, however suggests that awaiting retracements works on stocks but not on currencies. With pairs such as the EUR/USD that the price is more...

94915 I am actually trading using pyramiding now. However, not pyramiding on each new high near are important. I said I would add another lot if the price closed above 1.3700 and it did, it closed...

Glad you caught the trend early and got in at a good price, it's always nice when that happens. Nevertheless a word of advice. Do not expect no retracement it's not. It's pretty much impossible...

Thanks guy