How that beast the GBPJPY this week? I've not been feeling brave enough recently lol
Kind Regards
Steve
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DislikedHey there bro
How that beast the GBPJPY this week? I've not been feeling brave enough recently lol
Kind Regards
SteveIgnored
DislikedWeekly analysis was that this week it should fall, and it did in the last day of the week. There will be more downward movement next week, we will see 220 again and maybe lower, so put your trading hat on and be ready for the fall next week , I'll post my analysis here in the weekend.Ignored
DislikedHiya
Since you mentioned GJ's outlook, I tried over here just before it fell:
http://forexfactory.com/showpost.php...88&postcount=4
http://forexfactory.com/showpost.php...09&postcount=5
Would also fit in with your sub 220 idea =)
////
And thanks for clearing that up Steve, I actually had a suspicion / a faint memory in that regard..not confronted with that much english slang in my everyday, more the american one
Would explain Fanny Hill, ahem. A mountain I'd like to climb more often, wink wink nudge nudge, know what I mean, know what I mean
...that english language is truly the bee's knees!
...until you actually hear someone talk it right to you in the street and you had up to that very second thought you could actually speak and UNDERSTAND English. Boy, was I ever wrong...
I'ma stop emberassing myself now and hide from the severe slapping I'm sure to receive the second a double X'er lays eyes on these last few posts ;p
's all in good fun!
Toodles, Tea and Biscuits!Ignored
DislikedYup, I was looking at the yen pairs 24 hours ago and was gonna take the plunge on shorting but already had 4 trades open.
No worries, gained some pips elsewhere and there's always another opportunity around the corner.
You really seem to be getting to grips with this pair
Kind Regards
SteveIgnored
DislikedSteve, have you ever lost in forex?
I really enjoy watching your journal..
The market is really confusing me in the last two weeksIgnored
DislikedOK, two new trades just opened (they've immediately gone 10 pips against me as soon as they were opened but we all know that's a given don't we )
EURCAD short from 1.4511 (s/l 1.4607, t/p 1.4414)
EURAUD short from 1.6708 (s/l 1.6866, t/p 1.6550)
Let's see how these develop......
Kind Regards
SteveIgnored
DislikedOK, two new trades just opened (they've immediately gone 10 pips against me as soon as they were opened but we all know that's a given don't we )
EURCAD short from 1.4511 (s/l 1.4607, t/p 1.4414)
EURAUD short from 1.6708 (s/l 1.6866, t/p 1.6550)
Let's see how these develop......
Kind Regards
SteveIgnored
DislikedHi Steve,
I'm interested in your reason behind eur/cad short. I noticed on my feed, daily PB is forming, but on 4hr price is testing broken resistance now support ?
Thanks,
RIgnored
DislikedWell I'm fine with EURCAD as I left my longs behind 100 pips higher, but Stevie, I'm still long EURAUD, whatcha doin
Don't rob me of my dreams!
And yea, I see the gigantic PB here, too....but my daily close isn't until in another 2 and a half hours ;p
I'll just move stops then, alright!?
Geez
You and your greed for pips!Ignored
DislikedOK, two new trades just opened (they've immediately gone 10 pips against me as soon as they were opened but we all know that's a given don't we )
EURCAD short from 1.4511 (s/l 1.4607, t/p 1.4414)
EURAUD short from 1.6708 (s/l 1.6866, t/p 1.6550)
Let's see how these develop......
Kind Regards
SteveIgnored
DislikedHi there Bellefemme - hope you are keeping well
LOL, if you're asking whether I've lost enough to blow an account then the answer is no but I have losing trades just like anyone else. The past few months have been positive and I've learned that this is just the time to be more careful as there is nothing more dangerous than over confidence.
Yup, there's a lot going on fundementally right now and the market has not been easy to read. I still try and concentrate on price action and if there's no set ups, I'll stay out of the market until I see one.
Kind Regards
SteveIgnored
DislikedHmm, stop loss on EURAUD just hit for 10 pips - EURCAD looks like it may get hit too but I'd rather lock at least something in than risk a 60 pip profit turning into a loss.
Can be frustrating but that's what it's all about lol - September pips +251.
Kind Regards
SteveIgnored
DislikedHi
I trade almost exclusively from the daily charts and the daily bar has just closed at 10pm UK time with a daily pinbar/shooting star. I tend to open my trades before the actual PB is broken which is more risky than waiting as some do.
However, it's been a successful strategy in the main and I just take the trades as I see them. Although I'll take note of the 4hr, 1hr charts I rarely use them for entry. In my opinion the entry is the least important part of the trade.
Once the trade is set it's time to sit tight and believe in my strategy, reducing the stop loss as I see fit. I appreciate I'm being as vague as usual lol but it's just the way I do things and in the main it works for me lol.
Kind Regards
SteveIgnored