Блог erebaque

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The decision to rate your interest

After a lot of interest rate decisions announcements and dozens of strategies to deal with, I finally “discover” that fundamentals are subject to the market participant´s interpretation and also many other variables that make up the macro-economic atmosphere which it take us into an ocean of uncertainty – something not wanted at all by people who wish to become professional traders-.
As regards technical or fundamental events, inexperienced traders usually tend to pay attention to guessing whic…
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VikaChechenkova avatar

You did a great job.

erebaque avatar
erebaque 5 Авг.

Thanks! I appreciate your comment!

AnnaVer1 avatar
AnnaVer1 15 Авг.

interesting post!)

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A short one EUR/JPY (4 hours chart)

Looking at the four hours chart I saw an opportunity to enter short EUR/JPY.
Here my reasons:
  • It’s the first big correction in the last three months.
  • Strong bearish convergence between the price and RSI.
  • At the time even couldn't rich the level of R1.
  • It is drawing a continuity triangle.
  • A death cross was formed recently between EMAS 30 and 50.
How did I plan to trade it:
I enter short near R1, and put my stop loos over R1, theprofit will be reached before the EMA (200) and S1.
And as always my Idea …
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geula4x avatar
geula4x 8 Янв.

+1 Liked: Nice trade + explanation + clear chart! Happy trading and best of luck! :-)

Maria_r avatar
Maria_r 24 Март

good done

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The LOGIC Path to Success

And here we are again, sited in front of our monitors with a handful of frequently asked questions. I remember my first times on trading. It was a sort of battle between a part of me that could easily find the path and the other part which strongly believed that always knows a shortcut. Related to what I has just said, there is a fantastic story that represents it perfectly…
An old Cherokee told his grandson:
“My son, there is a battle between two wolves inside us all. One is evil. It is anger, …
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geula4x avatar
geula4x 8 Янв.

+1 Liked: Very well written! I like the old Cherokee story. Happy trading and good luck :-)

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