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Pivot Trading

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Nothing is impossible - IHS
BOJ: The short-term policy interest rate: The Bank will apply a negative interest rate of minus 0.1 percent to ...

Now massive pump in all JPY pairs and many so overextended that they rached ADR200 or even more... Time to scalp buy JPY?
the only place success comes before work is in the dictionary
Quoting kleybenny
BOJ: The short-term policy interest rate: The Bank will apply a negative interest rate of minus 0.1 percent to ... Now massive pump in all JPY pairs and many so overextended that they rached ADR200 or even more... Time to scalp buy JPY?
Good luck if you want to stick yourself through a blender. I wouldn't try and hold JPY long as I never have the confidence to put on a decent sized position.
Quoting kleybenny
BOJ: The short-term policy interest rate: The Bank will apply a negative interest rate of minus 0.1 percent to ... Now massive pump in all JPY pairs and many so overextended that they rached ADR200 or even more... Time to scalp buy JPY?

I wouldn't do anything with JPY at the moment. We have NFP next week, AUD cash(interest) rate, USD interest rate, ECB all big movers. Next week is gonna be wild.
Month's end. Expecting some profit taking before London close.
I would start shorting UC
great spot
EJ above 49 will not live there long.
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In trading, you have to be defensive and aggressive at the same time
i am staying away from markets today... insane crazy moves on jpy
Quoting kleybenny
BOJ: The short-term policy interest rate: The Bank will apply a negative interest rate of minus 0.1 percent to ... Now massive pump in all JPY pairs and many so overextended that they rached ADR200 or even more... Time to scalp buy JPY?
closed some GJ scalps just in time with +100 pips...

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the only place success comes before work is in the dictionary
Quoting Davit
I would start shorting UC great spot EJ above 49 will not live there long. {image}
I start shorting UJ now.
the only place success comes before work is in the dictionary
To be honest I ran out of margin and leaking my lips opportunities today that I can't take!

UC short my fave
GDP is "priced in" and may actually print greener
In trading, you have to be defensive and aggressive at the same time
I didn't do well after Easter. Terrible mistakes and a shitload of money. I was left stuck in GBP/CAD, still bought it wrong. Well, it's completely thrown me off. I'm so pissed at myself. I'm still +, but mentally it's pissing me off. I don't know what happened..... I don't even know why I didn't make the trades.

Anyway, have a nice weekend, everybody...
It's not a dream. Chipsa is real!
good thing I decided not to touch JPY and Euro. Don't think I will be touching them next week either. Sticking with AUD, NZD and CAD pairs, maybe GBP but I find GBP too volatile to my liking.
every day the same game, show good opportunities and then it goes like a rocket in the other direction....
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the highest point comes before the fall
Made some pips from UC. Holding some letting it run over to next week.

Holding my AU longs till next week too. I think all interest rates news are already priced in by now, hopefully AU doesn't go all the way to 200.
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Quoting John Chipsa
I didn't do well after Easter. Terrible mistakes and a shitload of money. I was left stuck in GBP/CAD, still bought it wrong. Well, it's completely thrown me off. I'm so pissed at myself. I'm still +, but mentally it's pissing me off. I don't know what happened..... I don't even know why I didn't make the trades. Anyway, have a nice weekend, everybody...
Just remember you got lot of months left until year's end to make your account grow and grow well.I know it sucks but you must get over it quickly!
In trading, you have to be defensive and aggressive at the same time
Quoting sh3n
Made some pips from UC. Holding some letting it run over to next week. Holding my AU longs till next week too. I think all interest rates news are already priced in by now, hopefully AU doesn't go all the way to 200. {image}
Made $$ on it as well
In trading, you have to be defensive and aggressive at the same time
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It has been a pretty bumpy week for me too, I am just scalping, small moves with bigger lots. It is not ideal. I am still red in a few trades. EZ is 'righting' itself. I took GA because the levels looked good. Now, of course, I am in the red. A good trade needs both good levels and proper fundamentals, AUD is fundamentally weaker and rate next week do not lend to the idea of trading with AUD, so that was a mistake.
EC coming down nicely
Guys I can categorically say dont get discouraged. Important fact is this is marathon not a sprint.I have taken many 3k account start to 25k in 2months.
Its doable.Have confidence in the system.Again this system doesn't perform well when strong central banks events are on table but you could scalp and load up after the banks do their work.System is designed around swings and swings perform best when events are not out of whack.
Even so EJ is at 200R still within system parameters
Move on shake your head go for bike ride.Clear your head!Get back on TRADING!

I am huge motorcycle racing fan and when you see these racers crash its painful to watch but couple weeks later they are at it again racing without fear.Think how hard that is knowing you could die any moment.

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Legend! Miguel Duhamel
In trading, you have to be defensive and aggressive at the same time
Hi david,
I am using your system from the last whole week on one of my small account to test the your system. The reason why I am not using it on demo is because of psychology thing and all that. I found your system amazing and profitable. Here are the results:
But the only thing that is making is very concern is placing stop loss and take profit. Especially Stop loss, can u please guide me the how you manage your stop losses? Because I am very concern about stop loss hunting.
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