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My special journal for GJ 4H

  • #161
  • Apr 25, 2018 9:09pm Apr 25, 2018 9:09pm
Buy limit @ 152,300
Target @ 153,600
Stop loss @ 152,150
Volume $560

Happy trading
  • #162
  • Apr 25, 2018 9:15pm Apr 25, 2018 9:15pm
The news to be released today is a bit bad for GU and UJ but because my indicator tells me to buy then I still open a buy position (although buy limit).
  • #163
  • Apr 25, 2018 9:37pm Apr 25, 2018 9:37pm
Back to the binary option then you should use a 5 minute time frame to monitor the trend direction. Why is the time frame 5 minutes instead of 4 hours? because the binary option moves very fast and its spreads width is 14 pips, if we win then we get $ 86 and if lost then we lose $ 100. Therefore, for those of you who play binary then I suggest to use Bollinger Band (standard) and direct to entry Call (buy) when 3 candles are flat on the base, and Put ( sell ) when 3 candle flat on top.
  • #164
  • Apr 25, 2018 9:47pm Apr 25, 2018 9:47pm
Also when you win then you must direct to make new entry again as soon as possible in accordance with the previous position (because there is still a chance to entry before the next 3 candles become flat).

My suggestion above is the last one for you who are playing the binary option.

Remember, there are only 5 successful people out of 100 players
  • #165
  • Apr 26, 2018 12:04am Apr 26, 2018 12:04am
Worrying does not empty tomorrow of its troubles. It empties today of its strengths.

CORRIE TEN BOOM
  • #166
  • Apr 26, 2018 12:29am Apr 26, 2018 12:29am
Binary options that challenge patience and skill.
Attached Image (click to enlarge)
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  • #167
  • Apr 26, 2018 1:14am Apr 26, 2018 1:14am
In my opinion, a binary option player must implement a strategy that is good enough and he/she must do it over and over the time his position is winning.
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  • #168
  • Apr 26, 2018 3:44am Apr 26, 2018 3:44am
Quoting Cm7
Buy limit @ 152,300 Target @ 153,600 Stop loss @ 152,150 Volume $560 Happy trading
Loss 15 pips
  • #169
  • Apr 26, 2018 5:26am Apr 26, 2018 5:26am
Quoting Cm7
{quote} Loss 15 pips
Hi Cm

Just to help a bit, have you considered setting a range? Once the range is firmly broken the move tends to be firm and lasting
  • #170
  • Apr 26, 2018 5:53am Apr 26, 2018 5:53am
Quoting jmtini
{quote} Hi Cm Just to help a bit, have you considered setting a range? Once the range is firmly broken the move tends to be firm and lasting

This is what I mean (image):
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 63 KB
  • #171
  • Apr 26, 2018 8:09am Apr 26, 2018 8:09am
Quoting jmtini
{quote} Hi Cm Just to help a bit, have you considered setting a range? Once the range is firmly broken the move tends to be firm and lasting
Hello bro,

Yes I have calculated the range that will likely occur and a larger stop loss will not help because the pair is moving very wild. So I do not use big stop loss (100 pips for example) and limiting it to a maximum 50 pips. Please consider the last case where I only loss 15 pips and not 40 pips.

Thank you
  • #172
  • Apr 26, 2018 8:15am Apr 26, 2018 8:15am
Quoting jmtini
{quote} This is what I mean (image): {image}
That's right and that's why I use a 4 hour time frame instead of an hour so I do not bother to see up and down movements.

Your chart is beautiful
  • #173
  • Apr 26, 2018 8:19am Apr 26, 2018 8:19am
Most likely there will be serious movement tonight and there must be a valid signal for me in the next 4 hours.
  • #174
  • Apr 26, 2018 8:21am Apr 26, 2018 8:21am
Quoting Cm7
Most likely there will be serious movement tonight and there must be a valid signal for me in the next 4 hours.
in the next 40 minutes at 21.00 Jakarta time
  • #175
  • Apr 26, 2018 8:27am Apr 26, 2018 8:27am
Friends,

In mid-May next month I will give you a great gift, a trading method that will make you able to please your girlfriend and your family for life .
  • #176
  • Apr 26, 2018 8:36am Apr 26, 2018 8:36am
This method is being perfected so as not to disappoint you and your obligations is to practice it for 2 weeks in a row and once you are good at using it then please transact for yourself.
  • #177
  • Apr 26, 2018 9:02am Apr 26, 2018 9:02am
Buy @ 152,582
Target @ 154,007
Stop loss @ 152,241
Volume $540

Happy trading
  • #178
  • Apr 26, 2018 9:07am Apr 26, 2018 9:07am
Hopefully the target is reached tonight
  • #179
  • Apr 26, 2018 3:46pm Apr 26, 2018 3:46pm
Quoting Cm7
{quote} Hello bro, Yes I have calculated the range that will likely occur and a larger stop loss will not help because the pair is moving very wild. So I do not use big stop loss (100 pips for example) and limiting it to a maximum 50 pips. Please consider the last case where I only loss 15 pips and not 40 pips. Thank you
Yes wild is a good word for this pair. That's why they call it the "dragon"! Problem is that is often retests major support which may be 60 pips away up or down thus it's often a heart stopping time. Frankly, I am generally scalping the pair because I'm not prepared to set 100 pips+ stop loss and watch a huge draw down develop!

However, once it does break out of the range there is often 100 pips plus profit available in super quick time
  • #180
  • Apr 29, 2018 10:21pm Apr 29, 2018 10:21pm
Quoting jmtini
{quote} Yes wild is a good word for this pair. That's why they call it the "dragon"! Problem is that is often retests major support which may be 60 pips away up or down thus it's often a heart stopping time. Frankly, I am generally scalping the pair because I'm not prepared to set 100 pips+ stop loss and watch a huge draw down develop! However, once it does break out of the range there is often 100 pips plus profit available in super quick time
Good morning bro,

You are right if this pair is suitable called a dragon because of its nature that tends to pursue all available stop loss. I am happy to use a tight stop loss on H4 but I will use stop loss100 pips for D1.

After playing Option a few days last week then I think if the Option model can be applied in forex. Over the last weekend I tried a few tricks but it is very difficult to use a 1 minute time frame for scalping and I think the best for scalping is a 15 minute time frame.

At Opton (which profit / loss happens in 60 seconds) I use 3 flat candle strategy to sell or buy according to 5 minute trend.
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