Dragon or Snake - GU, UJ, GJ, EU, EJ | Page 49 | Forex Factory

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Attachments: Dragon or Snake - GU, UJ, GJ, EU, EJ
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Dragon or Snake - GU, UJ, GJ, EU, EJ

  • #961
  • Feb 8, 2018 3:41am Feb 8, 2018 3:41am
Quoting edmun1388
From my 12 years experience of losing trade , newbie must learn 1. if price not go to the direction as expected where my exit . ans : get 1 ma as exit if not go that direction , close it even in loss. don't try HOPE price will come back .
That is something I still battle with. It is to close losing trades quickly. Now and then i still let losers run hoping for a reverse or moving stops. The best thing I do to overcome this problem is to put in tight stops, not too tight, but a stop that is comfortable to take. It is better to have for example a 10 pip stop that you can easily get back with a next trade then to have a large stop that will be difficult to get back
Never Ever Give Up
  • #962
  • Feb 8, 2018 3:45am Feb 8, 2018 3:45am
time to see GJ 156 / 157 area below thinking short ^_^
  • #963
  • Feb 8, 2018 3:59am Feb 8, 2018 3:59am
Fireworks about to start.....
Never Ever Give Up
  • #964
  • Feb 8, 2018 4:04am Feb 8, 2018 4:04am
Why that reaction? Everything the same as target. Inflation?
Never Ever Give Up
  • #965
  • Feb 8, 2018 4:06am Feb 8, 2018 4:06am
I think growth 0.5 was more than forecast 0.4..
  • #966
  • Feb 8, 2018 4:06am Feb 8, 2018 4:06am
time to go for long. range break.
  • #967
  • Feb 8, 2018 4:09am Feb 8, 2018 4:09am
Quoting sumar
Fireworks about to start.....
I have never seen a candle this big... omg
  • #968
  • Edited 12:27pm Feb 8, 2018 11:25am | Edited 12:27pm
Attached Image

*initial stop loss 18 pips [prepare to loss],wake up after sleep collect $$ lolz..[max pips 156 ], stop trade soon becuz spread going to be higher soon[oanda].
Exits == most important part of your strategy
  • #969
  • Feb 8, 2018 11:29am Feb 8, 2018 11:29am
WOW! What happened to GJ today? 322 pips range (154.024 to 150.810). And I didn't even look at it......
Never Ever Give Up
  • #970
  • Feb 8, 2018 11:36am Feb 8, 2018 11:36am
Quoting sumar
WOW! What happened to GJ today? 322 pips range (154.024 to 150.810). And I didn't even look at it......
I recently do Gu only [becuz code to GU ], if I go to GJ can get pips GJ also
* GU much more easy trade then GJ , stop loss lessen.
Exits == most important part of your strategy
  • #971
  • Edited 1:15pm Feb 8, 2018 11:57am | Edited 1:15pm
Quoting sumar
WOW! What happened to GJ today? 322 pips range (154.024 to 150.810). And I didn't even look at it......
3.57am here , bro sumar , you no need sleep one ? robot ?
*I going to continue my sleep again lozl ., ZzzzzZZ
* since I got pips extra ($$) , i do short before go sleep
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 3 KB

Attached Image

* follow take own risk , spread higher soon.
*if price M5 close above my entry , short may fail

* pivot 1.3908 , snake 1.39030(Pepperstone) , [ oanda 1.39097]
* resistance 1.39565
===
GU
1st target 100 pips/day[done] , 2nd 200 pips/day,riskless
Exits == most important part of your strategy
  • #972
  • Feb 8, 2018 12:37pm Feb 8, 2018 12:37pm
Quoting edmun1388
{quote} 3.57am here , bro sumar , you no need sleep one ? robot ? *I going to continue my sleep again lozl ., ZzzzzZZ * since I got pips extra ($$) , i do short before go sleep {image} * follow take own risk , spread higher soon. *if price M5 close above my entry , short may fail * pivot 1.3908 , snake 1.39030(Pepperstone) , [ oanda 1.39097] * resistance 1.39565 === GU 1st target 100 pips/day[done] , 2nd 200 pips/day,riskless
stop loss move to 1.3935 , -12 pips if get hit , nite all , ... zzZZ 2nd sleep
Exits == most important part of your strategy
  • #973
  • Edited 7:52pm Feb 8, 2018 7:41pm | Edited 7:52pm
GU up possibility is higher.
Attached Image

* follow take own risk because now is low volume time.
Exits == most important part of your strategy
  • #974
  • Feb 8, 2018 7:48pm Feb 8, 2018 7:48pm
Quoting edmun1388
{quote} 3.57am here , bro sumar , you no need sleep one ? robot ? *I going to continue my sleep again lozl ., ZzzzzZZ * since I got pips extra ($$) , i do short before go sleep {image} {image} * follow take own risk , spread higher soon. *if price M5 close above my entry , short may fail * pivot 1.3908 , snake 1.39030(Pepperstone) , [ oanda 1.39097] * resistance 1.39565 === GU 1st target 100 pips/day[done] , 2nd 200 pips/day,riskless
Lol. We in South Africa are 6 hours before you so your 3.57am is 9.57pm previous day by us. It is now 5.50am by us
Never Ever Give Up
  • #975
  • Edited 8:13pm Feb 8, 2018 8:00pm | Edited 8:13pm
Quoting edmun1388
GU up possibility is higher. {image} * follow take own risk because now is low volume time.
closed +0 lozl
* 1.39128 is GU support , if bounce back from here I will long again.
* I wait for higher low to re-enter again
* pivot 1.3941 & snake top 1.39448 is resistance
*I forget look at pivot , no wonder can't go up
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 16 KB
Exits == most important part of your strategy
  • #976
  • Feb 8, 2018 8:05pm Feb 8, 2018 8:05pm
09-Feb-2018 [ Pepperstone] - 6 am Malaysia time
GBPJPY
snake ::152.001-150.545
dragon ::153.423-149.864
GBPUSD
snake ::1.39448-1.38754
dragon ::1.40892-1.37661
USDJPY
snake ::109.548-109.092
dragon ::110.148-108.398
EURUSD
snake ::1.22740-1.22172
dragon ::1.23571-1.21469
EURJPY
snake::133.445-132.901
dragon::134.792-131.972
Exits == most important part of your strategy
  • #977
  • Edited 8:30pm Feb 8, 2018 8:19pm | Edited 8:30pm
GU M5 double top & lower high.
* time for you all think enter or not
* best short if below 1.39128
* best long above 1.39128
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 8 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 10 KB

so we wait for 1.39128 , above long only below short only.
Exits == most important part of your strategy
  • #978
  • Feb 8, 2018 8:36pm Feb 8, 2018 8:36pm
Quoting edmun1388
GU M5 double top & lower high. * time for you all think enter or not * best short if below 1.39128 * best long above 1.39128 {image} {image} so we wait for 1.39128 , above long only below short only.
Will only go long if break above 1.39470. Will go short if break below 1.39200
Never Ever Give Up
  • #979
  • Feb 8, 2018 8:45pm Feb 8, 2018 8:45pm
Look at this M5 chart and let us think what will big guy do ?
Attached Image


1. go down to 1.39136 to make more room go up
2. break 1.39448 and go up ,
3. go below 1.39136
==
we prepare this 3 possibility .

==
* I am thinking 1 or 3 is the best choice for big guy.
2 is too direct.
* so prepare short is my 1st choice
Exits == most important part of your strategy
  • #980
  • Feb 8, 2018 9:15pm Feb 8, 2018 9:15pm
Quoting edmun1388
Look at this M5 chart and let us think what will big guy do ? {image} 1. go down to 1.39136 to make more room go up 2. break 1.39448 and go up , 3. go below 1.39136 == we prepare this 3 possibility . == * I am thinking 1 or 3 is the best choice for big guy. 2 is too direct. * so prepare short is my 1st choice
Going short is also my choice. So lets go for those red pips.....
Never Ever Give Up
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