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Those of you that are here and are serious about learning to trade. Zoom in on EUR/USD...

Posted: Fri Aug 28, 2020 4:53 am
by Yodelx90
Time 2:50 pm est 8/27/20

Zoom in on the minute eu/usd chart right now and stretch out the chart; look at that funnel formation. There's no volume in the market. That's a naked algo looking for orders or liquidity as some like to call it.

Can you beat that?

This is the randomness that the market is fueled by and is what's killing all you guys if you don't have a serious technique.

So you need to ask yourself if you are up to the task of taking on FX.

Re: Those of you that are here and are serious about learning to trade. Zoom in on EUR/USD...

Posted: Sat Sep 12, 2020 1:36 am
by mlawson71
Do you trade using the minute chart often?

Re: Those of you that are here and are serious about learning to trade. Zoom in on EUR/USD...

Posted: Tue Sep 22, 2020 12:43 pm
by Yodelx90
Seems that the moderators have been deleting my posts because they don't like my honesty.

No, I don't trade the one minute per se. I use the minute for order entry and then zoom back out. After that everything is out of my control so I don't get caught up in the minutia.