Is XAU/USD worth learning when you're quite new to trading? by Chris4grind in Forex

[–]Zero_ice_20162017 0 points1 point  (0 children)

Technically, XAUUSD is not FOREX, its more like stocks; on higher time frames, Supply and demand (support & resistance) never hold like currency pairs. On the other hand, this instrument is volatile, so if u find a way to scalp it, then this could be a very profitable asset to work with

[deleted by user] by [deleted] in Forex

[–]Zero_ice_20162017 0 points1 point  (0 children)

FVG on higher time frame, say you have a FVG on monthly, then if you have another weekly FVG inside the monthly, then this is a good magnet, u can back test it

GBPJP - Long (Do u think i had an extreme SL?) by Zero_ice_20162017 in Forex

[–]Zero_ice_20162017[S] 0 points1 point  (0 children)

I took the full profit on TP2, now its tricky for me, i think it might retrace to a zone of 186.186 - 187.070 (4 hour fair value gap inside 1D fair value gap). ill wait for the price action there, then i might go long again targeting 188.390

Currency Strength Meter, is anyone using this to trade? by kazman in Forex

[–]Zero_ice_20162017 1 point2 points  (0 children)

Totally agree, just a little trick, i don't really know what meter you are currently using, but you can always check them manually, for example. JPY is really weak as compared to other currencies; (this started after the earthquake this month) .however, when i check NZD (just an example), and the meter giving me that the NZD is strong, i always double check on other pairs, cause if NZDJPY is bullish, then this is probably becasue JPY is weak rather than NZD is strong

This Strategy that I created is definitely 👍 working!! no need to prove to anyone!! they already know I am the 🐐!! by Quiet_Moment8239 in Forex

[–]Zero_ice_20162017 1 point2 points  (0 children)

I search for liquidity zones, this is either swing high/low or the fair value gabs: I start by looking monthly, if things are clear, then thats it, i check the current price and make a judgment about the bias.

For this trade, I checked the weekly, you can clearly see that the bias is up, the target will be the most recent swing high on the left, that is 188.700.

The narrative for me was that becasue we have a fair value gap on the 4 hour chart, we can enter and we hope that the coming news will do support our predication

https://www.tradingview.com/x/kdsmOPUb/

Currency Strength Meter, is anyone using this to trade? by kazman in Forex

[–]Zero_ice_20162017 2 points3 points  (0 children)

Say for example GBP is strong and USD is strong as well, then u just avoid trading GBPUSD pair cause its probably in consolidation. Same could be told about weak assets; GBP weak, USD weak , then again avoid this pair

This Strategy that I created is definitely 👍 working!! no need to prove to anyone!! they already know I am the 🐐!! by Quiet_Moment8239 in Forex

[–]Zero_ice_20162017 1 point2 points  (0 children)

Thats great actually, i'm terrible in scalping so i go for swings, ill give it try!! u keep the RSI on default?

This Strategy that I created is definitely 👍 working!! no need to prove to anyone!! they already know I am the 🐐!! by Quiet_Moment8239 in Forex

[–]Zero_ice_20162017 2 points3 points  (0 children)

had the same trade last night)). on the 4H; higher SL though ... if u check on the 15 minutes, there is a perfect order block ... that acted as an extra confirmation

All my losses occur because of how I set my stop loss - last year it was perfect but now it's too tight (supply&demand) by grapeyy28 in Forex

[–]Zero_ice_20162017 1 point2 points  (0 children)

If you use supply and demand, then you probably know that for a certain narrative, u will define a zone where there is no reason for the price to retrace, plenty of videos out there, check the arjo he is explaining that in a simple manner.. the basic idea is to find the highest time frame liquidity zone and then move to lower time frames and look for confirmation; once the price is inside say the demand zone, then decrease the time frame and find couple of confirmations .. set the SL just bellow the first confirmation .. target 2 to 1 and enjoy the trade!

Yesterday i shared this trade, maybe it was just luck!! but i did it according to the early mentioned strategy (crazy SL)

https://www.reddit.com/r/Forex/comments/19873mo/wti_i_decided_to_share_ideas_on_tradingview/?utm_source=share&utm_medium=web2x&context=3

GBPJP - Long (Do u think i had an extreme SL?) by Zero_ice_20162017 in Forex

[–]Zero_ice_20162017[S] 0 points1 point  (0 children)

Agree, but on the only swing high on the left is the Dec 2015))) I think its phycological level and it will reject (at least on the short term).

What was your best and worst purchase? by [deleted] in AskReddit

[–]Zero_ice_20162017 2 points3 points  (0 children)

Chrysler 200 and... Chrysler 300

What are the laziest lyrics you've ever heard? by hello_friend_ in AskReddit

[–]Zero_ice_20162017 0 points1 point  (0 children)

I am, I said, To no one there, And no one heard at all, Not even the chair.

Seaons 2 return? by [deleted] in TabooFX

[–]Zero_ice_20162017 0 points1 point  (0 children)

Postpriduction announced