Disliked{quote} On the 4HR chart is the current price confirming its a H&S, seems like it as Left shoulder hit the same levels in Dec 2015... what do you think?Ignored
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Disliked{quote} On the 4HR chart is the current price confirming its a H&S, seems like it as Left shoulder hit the same levels in Dec 2015... what do you think?Ignored
Disliked{quote} I hear ya on the frustration. Being a swing trader, it's something you have to get used to but I still struggle with it sometimes (usually only when I over-leverage lol). In the end though, I think we'll get rewarded for our patience. Sometimes the even tougher thing to do is to not take profits when it retests the lows again. When you see a huge unrealized gain get wiped away it's very hard not to close the trade the next time it comes around. Often times though you end up kicking yourself because the trade breaks the lows and runs a fair...Ignored
Disliked{quote} Just added it up... cleared about $6,400 USD on that trade. That being said, I put on some more shorts on the retrace that got stopped out (and slippage) during the near BoJ intervention which cost me ~$1,100 In the coming weeks I'm going to start publishing monthly performance on my blog since I started this account in December. Just working on finding the time to write them and getting them in a format that will be educational/helpful.Ignored
Disliked{quote} You effing with me!! -_- FML seriously bro! That's R100K.... to put things in perspective my car (dont judge) Ford Figo cost R130K NEW ... so basically bought a brand new car (in what a week or 2) hahaha Well done bro!! Now i can understand your excitement and not to get your emotions get the better of you. I made some good profits too but wanna hear the downside im using a demo account still lolz im sure ill get there eventually still learning. got to crawl before i can walk. that being said Well done to everyone! CheersIgnored
DislikedHi Geppy, congratulation on you big call 3 days ago, you nailed it one more time , even though I thought we would have another leg up before moving huge down, but your analyzes were more accurate. I think you can be a great Mentor to lots of people here. keep up the great work that you started not long ago, but the success rate is humongous. Looking forward to your next move. Regards.Ignored
DislikedHappy to say I came out positive on this trade after going down 300+ pips in the initial surge. I held tight and it paid off... Off to take Macro exam now cheers everyone!Ignored
DislikedHi, Congratulations Geppy and others who hold till the end of the big drop and made lots of pips. I made my choice yesterday to put my TP at 164.07 which was +263 pips and I am happy with that. I did not take any more GBPJPY positions today. Thanks again for your helpful thread and hard work!Ignored
Disliked{quote} Hey Tronis! I'm glad you banked some sweet pips (hundreds of 'em at that!). I'm not sure if you're new to swing trading or trading in general, so my apologies if this remark is off-base. But if you are, hopefully you'll get more confident in holding positions and raking in even larger trades. Regardless, nice work man!Ignored
Disliked{quote} Hi Geppy, Im not new to trading. I am happy with my pips because thats my strategy. My SL was 56 pips and TP 263 pips which was pretty good anyway. My only problem is that I very often overleverage. I saw in one of your posts about the book Trading in the Zone. Ive started reading and I can see already where I am going wrong in the trading. The best forex book ever! Thank You Geppy!Ignored
DislikedGood evening people, started my trading adventure only 3 week back so I am on the biggest learning curve right now. Probably for the foreseeable future in fact! How did people do with the GBP / JPY today? I was 210 pips up until the BOJ intervened as the majority say. What's people thoughts on the market at the minute am currently holding, with around 100 pips profit which am happy about. Do we think this will move a little more downwards or should I suck it up and take the profit. After all it's well above target.Ignored