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- RainBowDash replied Apr 12, 2017
image Currently short. I would like for it to go near my sl so i can short more, and if it closes cross my stop, then reverse to a buy!
- RainBowDash replied Apr 12, 2017
I am not sure how everyone is shorting EU, when the low of the hourly candle has yet to be engulfed? image It looks like a quick run to today's daily r1 1.0698 is in order ladies and gents. I assume people will look to sell more there, but selling ...
- RainBowDash replied Apr 11, 2017
If we simply look at the high and low of the month of April, we will notice an interesting thing. Do you see the first big arrow pointing upwards? Well that was the first low of the month, as that was the first low of the month before the MA lines ...
- RainBowDash replied Apr 11, 2017
image I have taken profit, of the short. Hopefully the price goes back up a bit so I can re-enter the short.
- RainBowDash replied Apr 11, 2017
image Ladies and Gents I just took a short... TP is 136.779 SL is the dotted line which says daily s1. Should the stop loss hit before GJ moves to my take profit, I will close the short, and reverse to the long, as that long would more than likely ...
- RainBowDash replied Apr 9, 2017
image So far we have movement.
- RainBowDash replied Apr 9, 2017
Why doesn't this show on our homepage @admin image
- RainBowDash replied Apr 8, 2017
Correct. What I do is I enter bigger lot sizes as the price nears my stop loss. There is a chart which I 6 hours before NFP in which I stated my short position, and where my STOP LOSS is. You can then see from the charts which I shared, that my stop ...
- RainBowDash replied Apr 8, 2017
I just checked XE and EU has thus far gapped down. image That doesn't fair well for my GJ short.
- RainBowDash replied Apr 7, 2017
I think the amount of LOTS those traders are trading is more important. From the chart you shared, it reveals, that a large portion are long, but have a look at the lots! Clearly as the price dropped, more people bought, which should support a GAP ...
- RainBowDash replied Apr 7, 2017
I am expecting a huge gap down as in the chart below. image An easy 200-300 pips profit the moment the market opens.
- RainBowDash replied Apr 7, 2017
image Had I held up until this point, my profit would of been 1000gbp more. I wish today would not of been a friday, I would of rode this the entire way down.
- RainBowDash replied Apr 7, 2017
We fast forward a few hours and you can see that the price moved all the way to my STOP LOSS, only to miss it by 2 pips, then give a nice drop down. I closed my massive shorts, and kept a small short open for a possible gap down and run. Everyone ...
- RainBowDash replied Apr 7, 2017
I just closed those massive shorts on GBP/JPY. The formation is still intact, but having been green by so much, I preferred to take the profit. If the price reaches back to the hourly high, i will reenter with the short! Price should hit 136. 767 ...
- RainBowDash replied Apr 7, 2017
IF GJ continues to drop here, due to that NFP news, I would assume that it will drop the Jan's 16th low (136.44) which is my current TP! Let us see if we get there. image
- RainBowDash replied Apr 7, 2017
I have closed the last short for about a 50 gbp loss, which is 1.5% of my account. I have then reversed to a long, with a goal of 42 pips, which is why I have taken a .1 buy and should it pull back 20 pips, i will enter into another long of .1 lot. ...
- RainBowDash replied Apr 6, 2017
image You can see prior to that long red candle on the m15 there was a nice little "fake cup and handle" formation forming. Why was it a fake? Well because it reached about 50% of the move down, followed by that massive 70 pip drop which we just ...
- RainBowDash replied Apr 6, 2017
Take profit of that long finally has hit! To think that I shorted, took profit and caught the signal which mentioned that the move down was a "fake" only to long and hit the TP was a very good setup! I honestly love wagering on those rejection ...
- RainBowDash replied Apr 6, 2017
I am long based on the conditions which I have shared hours ago. Let's see if the long hits the TP. image
- RainBowDash replied Apr 5, 2017
You can see previous low, was breached but not closed under. GJ buy is still on my radar being that the aforementioned formation was met. image