{quote} EJPY....Perhaps this next push up will get it through and upwards.
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Now to the structure which is formed resistance does not matter. Strong resistance already broken 133.90 134.00
check H4 TH and put 5 SMA , HIGH AND LOW MARKET IS ABOVE
{quote} Now to the structure which is formed resistance does not matter. Strong resistance already broken 133.90 134.00 check H4 TH and put 5 SMA , HIGH AND LOW MARKET IS ABOVE
YES structure does not care for news even , I have seen it many times strong news fail but structure of the market does not fail only can be human error calculating right structure that is why all the student of the course does not earn equal whatever our eyes see correct or wrong , but after some movement of market it is quite easy to find error done by individual .
for example in eurojpy i was looking for impulsive move down side , than when i saw wave 3 of 3 started but failed , also today i saw it taking the shape of triangle ,
Big Boys are not always and every time in the market , they come do their work means take away all the money from the market and gone . When they come market becomes volatile even we dont know when they come and in which pair
{quote} YES structure does not care for news even , I have seen it many times strong news fail but structure of the market does not fail only can be human error calculating right structure that is why all the student of the course does not earn equal whatever our eyes see correct or wrong , but after some movement of market it is quite easy to find error done by individual . for example in eurojpy i was looking for impulsive move down side , than when i saw wave 3 of 3 started but failed , also today i saw it taking the shape of triangle , Big Boys...
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EJPY very strong resistance line. If it breaks through, it may shoot higher?
{quote} EJPY very strong resistance line. If it breaks through, it may shoot higher?
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No it is start of Triangle B , it is just starting it must go minimum to 61.8% of the high to low of Eurojpy, these wave are of consolidations type takes maximum time,
only impulsive move is fast and strong which takes 20% of the total time , 80% time is consumed by corrective type ,
when a top is formed market change direction, in that change of direction , market makes small degree waves , a, b ,c in fact it is always three waves at the large cycle degree for convenience we divide them further , if we allot a correct channel to these waves , we can estimate when market is bouncing if it breaks channel than either it should enter again in the channel after one or two candle if not it is advancing with force . theory point of view market is made of 5-3 waves
after every five waves there should be correction of three waves . First read theory than make practice , that will make you perfect , but market is not bound in any rule , it is game of probality , that is why we loose and win , only win is not possible for any one , but the best method is take small loss at the correct level ,
I made a blunder mistake , for the continuous second time My account have been blown out I was placing 0.1 lot and by mistake I placed 1.0 lot .
I was waiting for GbpUsd to complete five waves at small degree now as it just complete and was ready to bounce for 200 pips but bad luck for me
expect now Gbp usd to bounce to 1.4029 minimum TP allot 100 pips for market to breath
Ok bye now few days I will stop trading and lock down my PC complete rest for me for 15 days ,
thanks and regards , best of luck happy and nice trading for all of you
I made a blunder mistake , for the continuous second time My account have been blown out I was placing 0.1 lot and by mistake I placed 1.0 lot . I was waiting for GbpUsd to complete five waves at small degree now as it just complete and was ready to bounce for 200 pips but bad luck for me expect now Gbp usd to bounce to 1.4029 minimum TP allot 100 pips for market to breath Ok bye now few days I will stop trading and lock down my PC complete rest for me for 15 days , thanks and regards , best of luck happy and nice trading for all of you
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Hi Satish. I am sorry to read about your blunder. Everyone who trades has done that. I am also sorry you blew your account.
It is wise to take a break.
I look forward to your return and new posts but for now, forget about trading.
Best wishes, ST.
Hi friend ,
Today Sunday
I am busy analyzing market and optimizing EA, It has to be a fresh week dont know what will be outcome
Some very very great setup has been seen , so this week should be a great earning without doubt , though some of the old trades has been confirmed for their move ,
example gold is confirmed to down for big move, as already posted in previous post unimaginable move to down side is going to happen the 1374.00 point is still safe so as long as this level hold we cannot expect up move below 1377.00 .
EuroUsd : as seen in the chart 1.2667 should hold or it may be possible that the down move for 1000 pips has started . But buying in EuroUsd is a foolish task
My recommendation on this pair is to hold short for 1000 pips at-least to 1.1645
Now UsdJpy and UsdChf are at the terminating point , when the termination of a trend happens , positions has to be hold for 300 pips because trend is changing for big move we have to do this , so has to be managed money for trades only for big moves
I am calculating level , it will take time so I will post six hours later after calculating it needs some time to calculate
USDJPY: Entry in Between 104.32 to 105.54 For 110.15 (+- 50 pips)
USDCHF : Levels 0.9021 and 0.8676 (For returning and trend change) 0.9218 FOR PULL BACK 0.9497 (NEVER TRADE SHORT IN USDJPY AND USDCHF UNTIL THEY COMPLETE THEIR PULL BACK TO 110 AND 0.9450 LEVELS) $iNDEX: NO WAY TO STOP $iNDEX BELOW 0.9286, IT MUST REACH THIS LEVEL AT ANY CONDITION
EUROTRY: TP @4.2985 AND 4.0195 TOP FORM AND CONFIMED AT THE PREVIOUS HIGH SO YOU KNOW SL WILL BE PREVIOUS HIGH
NZDJPY : A PICTURE IS BETTER THAN 10000 WORDS, THIS SINGLE TRADE CAN MAKE YOU REACH YOU YOU CAN TRADE IT AND UNDERSTAND IT , OK LET ME TELL YOU AFTER THIS BREAK OUT MARKET WILL MOVE IN FIVE WAYS TOWARD THE DIRECTION IT BREAKS EXPECT MINIMUM 600 PIPS FROM THIS TRADE WHAT EVER BE YOUR LOT, IT IS TRYING SINCE LAST SEVEN DAYS TO BREAK THIS POINT SEE THE PROOF
iF DOWN SIDE 1.3922 IS TOUCHED NO WAY TO STOP IT , IF UPSIDE 1.4146 IS CROSSED WE CAN EXPECT MORE UPSIDE
BUT HERE NOTABLE POINTS ARE IN EUROGBP GBP IS REACHING A POINT OF SHOWING SOMETHING BEING STRONGER, YET POINT IS NOT CROSSED IN EUROGBP IT MAY TAKE THE COMING WEEK IF THERE IS NO GOOD NEWS EXPECT CONSOLIDATIONS OR WEAK MOVEMENT IN EUROGBP , AGAIN THE LEVELS ARE IMPORTANT AS I TOLD IN EURO USD ALSO IF YOU HAVE READ THE PREVIOUS POSTS, (ABOUT ITS UP MOVE THAT LEVEL MUST BE TOUCHED)
AudJpy: Great Opportunity if some news is there from Jpy or Aud Image below
Hi friend , Today Sunday I am busy analyzing market and optimizing EA, It has to be a fresh week dont know what will be outcome
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Hi Satish.
Good to see you back.
If there are good trades this week, let's take them. If no good trades, then that's ok.
I hope you feel refreshed from your break.
{quote} Hi Satish. Good to see you back. If there are good trades this week, let's take them. If no good trades, then that's ok. I hope you feel refreshed from your break.
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yes it was good and nice rest , but missed some good opportunity , what could be better in this year than selling eurousd at 1.2551 for 1.1645 (TP)
Gold too could sold at 1359.00 for below 900.00
{quote} yes it was good and nice rest , but missed some good opportunity , what could be better in this year than selling eurousd at 1.2551 for 1.1645 (TP) Gold too could sold at 1359.00 for below 900.00
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eurusd now around 1.24092. Still time to sell on pull-back?
and gold is still up at 1346.9. Still many pips to run?
{quote} eurusd now around 1.24092. Still time to sell on pull-back? And gold is still up at 1346.9. Still many pips to run?
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hi friend ,
don't hope for any pull back in eurousd , not possible now . Once done so done , if you get than all those points are plus point means to damage buyers at the pull back . Here market dont stay for long even if it takes positions of triangle . As i know even monday will not matter for such points
Hi my friends and fellow traders,
Today i have read some post in this form , so instead of posting more signals I have decided to give you people a Technic, which makes nearly 40-60 pips on daily basis.
So this page will be somewhat long as i will make some charts and post them you down load them i will delete them to make page shorter.
This system will definitely make you rich , if you trade only this pattern no other, read it again and again , for any doubt ask me , very few traders know about it how it works : see images below first hree for buy trades next three for sell trades, the system is so strong can recover your 10,000$
I have give task to programmer to make EA on the strategy , I will share the system here on this form
Hi Friends ,
After getting too many burns from the market, what I learned from my experience is , Why the burns happens what were those reason.
1. We cannot make 10 to 10000. we can get 100 from 10000 as return on investment regular basis. So it is business.
2. Always divide your account balance and equity into number of trades you can execute , keeping in mind loss first , not think of reward first.
3. Never Think of 10 ,20, or 30 easy pips and taking big lots that is 100% gambling and 90% reason of blowing out account.
4. Those who says of converting 10000 into 15000 or 20000 in a month , never listen them , they might have done but that is by chance not the way of trading.
5. You can survive with $15 with proper management. but not with 10000 without management.
6. Don;t care for market movement but take care of money management.
8. It is only 20% time when a currency is in force with the trend , than it has to retrace .
9. Keep in mind big cycles are always repetitive, so never be afraid of market just think of your fixed deposit with minimum return.
10. Analyze market on Sunday and execute on Monday and close on Friday if on small loss or profit , after 3 weeks major pairs will return 60% to 70% , except the cases from where market has not picked up from bottom or top example EuroUsd picked up from bottom so there are less chances to return 70% but 40% , 50%, or even 60 is must .
Now you can think how the market behaves. Your broker want you to places maximum trades for that they will give you some bonus , and some few thousand to participate in competition to make 10000 to 20000. Nor it is they way of market nor it is trading ,
Last and final Market dont want your money only your broker want your money , market is designed by Govt in a very efficient way very well properly managed.
But all external radicals are manipulating , individual traders, our money is their enjoyment,
There is only one and only one and one word for forex success that is Proper Money management .
