Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
usekhouse
-
Content Count
12 -
Joined
-
Last visited
Posts posted by usekhouse
-
-
I don't know what to say.. but keep it up.. Its hard in trading..
-
Im enjoying forex trading when my traders and my trades are good
-
Im 17 going 18 this July
trading for a year for now.. -
How we will start with that?
-
Sometimes it is OK to lie. I think its useful to adopt the Buddhist point of view and ask yourself whether the truth is necessary and kind. I agree that in general lying is not good but there are times when it is appropriate.
-
Hi all,
While checking out my charts today looking for long term opportunities I've came across few interesting trades, which im actually in right now gotta love the last day of trading of the year icon smile Forums , Crude Oil was also speaking to me but for now I don't have enough data plus 1 or 2 cons and Im just not ready to execute the trade stress free whether spot or long term binaries. Sometimes the best strategy is to chill. icon sad Forums
Enough talking here's the chart:
Interesting points:
1. Blue zone showing strong recent S/R level (Zone)
2. Bullish channeling showing no weakness (So far)
3. Fibonacci pattern AB=CD forming. unfortunately, I didn't draw the fibs as it will ruin the chart and make it hard to read but, the details are as follows: A at 85.75, B at 90.50, C at 87.94 and awaiting or should I say expecting D at target # 1: 92.54.
4. Finally a divergance shown by the RSI.
The cons:
1. Im a complete newbie in Crude Oil trading icon sad Forums I do trade Gold, Wheat etc.. for commodities but it's different) *Gotta walk out of my comfort zone that will be another asset in my pockets icon smile Forums
2. Although the RSI is showing divergance it is also showing that price recently came out of the 80% over bought area showing a decrease in momentum while the close on Friday was kinda consolidating and weak.. Not good!
3. It is one of the most important indicator IMO (No not the holy grail lol) the lack of market sentiment! no surprise it's monday Asia still asleep.. And the only reading I have so far is from investing.com some interesting points but nothing new- Link: http://www.investing.com/news/commodities-news/crude-oil-futures---weekly-outlook:-december-31---january-4-242475
Im in few long term trades spot and bins but I think Oil could be a good opportunity.
What I like when I look at a chart is to think over my head " Hot or Not?" It shouldn't take more than 2 minutes but, I'd to think for it about 5minutes (Too long!) As momentum is decreasing gonna chill a bit. A good way to play it safe might be breakout style? Im goona set an alert on my phone and as soon as the high (Friday's high) is broken I might consider playing with the trend..
Hope that the brokers are not reading this and out of no where you find that Crude Oil is unavailable in the asset list for whatever reasons ? Cos if the up trend continues Im gonna enter big time for sure lol. I have Crude Oil on my radar for binaries if S/R zone prove to be holding gonna make brokers mad.
Awaiting for more data-
-
Some web site say that Binary Options can make you a great deal of money. Other say it is just like gambling, and that most people loose money. Is there a reality.
-
Base on this graph that I have seen somewhere in the internet, what is the best time of the day to trade? Does this one require you a particular time zone? Or does trading in every part of the day will be helpful, I heard that timing means profitability, so how does this two things correlate?
-
i know nothing of the stock market. but i have a few hundred quid a month i can put away into an investment. but what do i do?
-
New to Forex and looking to see what others think...
-
In the Computer Science Dept. at King’s College, University of London they built this super computer with artificial intelligence that could carry on a conversation with anyone at their relative intelligence level.All one had to do was type in their IQ and the computer, through its' voice activated-sound generating processor, would begin the conversation.
So they thought they would test it out on several of the King’s faculty.
The first faculty member typed in his IQ at 187 and a bunch of lights on the computer began flashing, then it began a conversation with the scientist on the origins of the universe, mathematical proof of the existence of black holes, and existential philosophy.
The second faculty member then typed in an IQ of 179 and again lights lit up on the computer (not quite as many as the first faculty member, but...) and it began a conversation with the scientist about molecular biology, brain surgery and international monetary policy.
When they tested it on the third faculty member, his finger slipped at the keyboard and typed in 73 instead of 173. Not much happened -- just one little light, in the upper right hand of the computer display, slowly dimmed then grew stronger, then dimmed... Finally the computer said....
"So, how's the trading going?"
This one is funny to me... :rofl:
Marketprofile.eld
in Market Profile
Posted
I wanna be market profile trader too..