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Breakout London Timeframe

  • #1,821
  • Aug 4, 2017 10:50am Aug 4, 2017 10:50am
Quoting Monokl
Final: EurUsd short EurNzd short UsdJpy Long GbpCad Long
Final:

EurUsd short

EurNzd short

UsdJpy Long

GbpCad Long

UsdChf short
Let Market Tell You
  • #1,822
  • Aug 4, 2017 10:56am Aug 4, 2017 10:56am
Closing time for taking profit


Fantastic week for profitable pips....at least generate nett pips- around 300pips

like GCad and UJ- give fantastic profit
Let Market Tell You
  • #1,823
  • Aug 4, 2017 1:25pm Aug 4, 2017 1:25pm
Hi, Monokl
Quoting Monokl
{quote} Hi ManUkr, this is WEEKLy chart.. You will know once you see the picture. {image}
thank you very much!

can you say, you're always looking currency pairs or only at certain times?
Quoting Monokl
Fantastic week for profitable pips
  • #1,824
  • Aug 5, 2017 12:09pm Aug 5, 2017 12:09pm
Hi, Monokl
can I ask you something?...
what do you think about a Ucad? – if you see now H1, then the price will go “down”, but if you see H4 and D1 seem to be a long “up” trend?! or not?
  • #1,825
  • Edited 7:49pm Aug 5, 2017 7:32pm | Edited 7:49pm
Quoting ManUkr
Hi, Monokl can I ask you something?... what do you think about a Ucad? if you see now H1, then the price will go down, but if you see H4 and D1 seem to be a long up trend?! or not?
Hi ManUkr

up will be my best choice at this moment.

because you can see from lower timeframe like H1 & H4 already showing up trend..

so probably it will be the beginning of changing trend from down to up trend...

Anyway, be more flexible, because the downtrend still can be seen clearly. It will bring significant risk to your up position. That's why I always emphasize to take profit whatever you are comfortable it...

Some people can hold to 100pips or 20pips in order to take profit..

just my 2cents advice
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH4.png Size: 40 KB
Let Market Tell You
  • #1,826
  • Aug 5, 2017 7:36pm Aug 5, 2017 7:36pm
“The four most dangerous words in investing are: ‘this time it’s different.’”

"Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell. If you want to have a better performance than the crowd, you must do things differently from the crowd."

― Sir John Templeton,
Let Market Tell You
  • #1,827
  • Aug 5, 2017 7:43pm Aug 5, 2017 7:43pm
For beginners:

Must read a LOT! Never stop learning!

www.Babypips.com Best resources to know what Forex, How it work, and many more...best thing is that it is FOC...no need to paid a few hundred USD just to learn the basic info

Learn Price Action include the candlestick pattern, price formation, high Low

Support & resistance - must go depth on what is S/R, how to draw it....

Moving average Method = learn how to use it, when to use it,

Finally, Combine all together with your MONEY MANAGEMENT & SELF MANAGEMENT (include your devoted time for FX/ psychology/ Your behavior pattern when trading)

Demo Trading until you can feel the flow of the certain pair. Must have consistent profit! No shortcut!

FINALLY, GO TO LIVE TRADING
Let Market Tell You
  • #1,828
  • Aug 5, 2017 8:02pm Aug 5, 2017 8:02pm
EURUSD

looks like next week, we have high probability to short it all the way..

keep monitoring
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDWeekly.png Size: 57 KB
Let Market Tell You
  • #1,829
  • Aug 5, 2017 8:05pm Aug 5, 2017 8:05pm
GBPJPY

what do we see here?

Any good chances to short or long?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYWeekly.png Size: 39 KB
Let Market Tell You
  • #1,830
  • Aug 6, 2017 2:58am Aug 6, 2017 2:58am
Since friday out on GBPJPY +1177 pips, but now i'm waiting! I think the break out is short but you never now .....
  • #1,831
  • Aug 6, 2017 4:11am Aug 6, 2017 4:11am
GBPUSD

looks have space to move down more

get to know it soon
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 42 KB
Let Market Tell You
  • #1,832
  • Aug 6, 2017 11:12am Aug 6, 2017 11:12am
Quoting Monokl
{quote} Hi ManUkr up will be my best choice at this moment. because you can see from lower timeframe like H1 & H4 already showing up trend.. so probably it will be the beginning of changing trend from down to up trend... Anyway, be more flexible, because the downtrend still can be seen clearly. It will bring significant risk to your up position. That's why I always emphasize to take profit whatever you are comfortable it... Some people can hold to 100pips or 20pips in order to take profit.. just my 2cents advice {image}
thank you very much, Monokl.
soon a new week, let's see what happens...
  • #1,833
  • Aug 7, 2017 7:36am Aug 7, 2017 7:36am
NZDJPY

Unbelievable!

Still survive until now... hope it can reach my target
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYDaily.png Size: 24 KB
Let Market Tell You
  • #1,834
  • Aug 7, 2017 7:50am Aug 7, 2017 7:50am
Quoting Monokl
{quote} USDJPY now we have Pinocchio nose {image}
USDJPY

such a nice alphabet 'W'

will it shoot up?
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH1.png Size: 30 KB
Let Market Tell You
  • #1,835
  • Aug 7, 2017 8:05am Aug 7, 2017 8:05am
EURUSD

Any chances going down more?

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 21 KB
Let Market Tell You
  • #1,836
  • Aug 7, 2017 8:11am Aug 7, 2017 8:11am
GBPCAD

Just long this pair..

Do you believe it can still up?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADH4.png Size: 30 KB
Let Market Tell You
  • #1,837
  • Aug 7, 2017 9:01am Aug 7, 2017 9:01am
Quoting Monokl
GBPCAD Just long this pair.. Do you believe it can still up? {image}
lost 1 position today.

cost me 19pips

Let Market Tell You
  • #1,838
  • Aug 7, 2017 9:27am Aug 7, 2017 9:27am
Quoting Monokl
EURUSD Any chances going down more? {image}
EURUSD

short so long...still no movement..

Why the market doesn't move???
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 22 KB
Let Market Tell You
  • #1,839
  • Aug 7, 2017 9:37am Aug 7, 2017 9:37am
EURGBP

short this pair

hope to give spectacular result.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH4.png Size: 23 KB
Let Market Tell You
  • #1,840
  • Aug 7, 2017 10:37am Aug 7, 2017 10:37am
Quoting Monokl
{quote} EURUSD short so long...still no movement.. Why the market doesn't move??? {image}
Hi Monokl,

Me short EURUSD too. Short it since this morning... Not much movement
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