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As I recall, you like to watch Moody's on the forex market.
Then how is it
different from these and the like?
Do you think they look at each other and find the right decision, or do they still analyse the market and only then compare their opinion with the rest of the market participants?
All this data has been gathered from the kitchens of mum traders.
This data has nothing to do with market participants.
As I recall, you like to watch Mood in the forex market.
Then how is it
different from these and the like?
Do you think they look at each other and find the right decision, or do they still analyse the market and only then compare their opinion with the rest of the market?
Crawl backwards, do the opposite.
Trading against the mood of the crowd is almost always profitable.
By the way, there is now a very likely downwards reversal on EURUSD.
Crawl backwards, do the opposite.
Trading against the mood of the crowd is almost always profitable.
By the way, there is now a very likely reversal down on EURUSD.
You agree with the above that a correction on eurusd is possible, but at the same time you say that you should trade against! How is this to be understood?
You agree with the above that a correction on eurusd is possible, but at the same time you say to trade against! How do you understand this?
Not a correction but a reversal.
Is the future in any way predictable?
You can. Financial rows can be made. And you can even predict with a probability of more than 50%, not much more, but more) But the profits aren't dense there, the efficiency of the market doesn't allow. The market cannot afford such a freeloading....
You can work, but it's work. But few are interested in work, so they do not even notice. They all want fast, big money and golden toilets) Who wants 30-50-100% a year? "Vaughn in the signals 100500% percent on a demo account?" And they put themselves in the casino.
I wonder what else can be used to analyse price and predict its movement but mathematical calculations. One of the existing solutions is to perform these calculations using indicators, which are used to visually represent this calculation on a chart.
A possible frustration with the use of indicators can be explained by the fact that for each time period the appropriate input parameters need to be chosen.
Here's an example (click on the image to reproduce): the smaller the time period selected, the more the indicator will error with the correct signal.
Example of how to improve signal quality. Simply reduce the sensitivity of the signal calculation.
The indicators themselves are neutral, they only show what you tell them to calculate. If the inputs are of poor quality, the result is adequate.
And who told you that you need indicators for trading in general. For example I don't use them.
P.s. to anyone interested, the eva will go up to 1.18 to start
It is important to note that the wrong forecast is ignored by the crowd, while the right one elevates the forecaster disproportionately. And this bias is the loophole on which they make money - namely investors/subscribers/clients.
Tara and I have the same position. What matters is not the forecast, but the correct evaluation of the current situation))) And if you can't make it, you have to take it into account)))
Who told you that you need indicators to trade at all? For example, I don't use them.
Ridiculous! Do you not look at charts at all or only use a tick chart?
After all, any timeframe is an indicator, where the tick chart is converted into candles or bars according to a mathematical law ...