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Breakout London Timeframe

  • #2,561
  • Oct 2, 2018 7:28am Oct 2, 2018 7:28am

Instead of trying to be right, try the following:

  1. Understand probablities about where the market is going to head next.
  2. Control your risk.
  3. Control your correlations.
  4. Control the number of positions you have on.
  5. Have a method for letting your profits run.
  6. Learn when the market is likely to reverse.

Let Market Tell You
  • #2,562
  • Oct 2, 2018 7:31am Oct 2, 2018 7:31am
Quoting Monokl
GBPCAD Daily timeframe already hit the support. Waiting to see what the market decide to do here! {image}
GBPCAD

H4 timeframe

Long with good RR

Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADH4.png Size: 26 KB
Let Market Tell You
  • #2,563
  • Oct 8, 2018 5:02pm Oct 8, 2018 5:02pm
Quoting Monokl
{quote} GBPCAD H4 timeframe Long with good RR {image}
good chart
5-20% withadraw daily
  • #2,564
  • Oct 8, 2018 10:34pm Oct 8, 2018 10:34pm
the most important is

Money Management!
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  • #2,565
  • Oct 8, 2018 10:39pm Oct 8, 2018 10:39pm
GBP is getting interesting lagging indicator..

remember GBP already move up quite a lot..

I just wait for the unexpected result and follow the market go later
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-10-09 at 1.38.22 PM.png Size: 103 KB
Let Market Tell You
  • #2,566
  • Oct 8, 2018 10:44pm Oct 8, 2018 10:44pm
For EURO, not much will test the market,

but, ECB monetary policy will create short volatility...

Italy issue also create spectacular momentum for day trader..

Trade wisely!
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-10-09 at 1.42.17 PM.png Size: 89 KB
Let Market Tell You
  • #2,567
  • Oct 8, 2018 10:45pm Oct 8, 2018 10:45pm
Always remember DON'T chase the market.

If you miss it, it is OK...

Remember there is always have opportunity in future!

Don't get trap!
Let Market Tell You
  • #2,568
  • Oct 8, 2018 11:03pm Oct 8, 2018 11:03pm
Trading Forex is more like setting up a retail business.

You should know

your objective
your mission
your capital
your target
your method
your risk
your financial flow
Let Market Tell You
  • #2,569
  • Oct 8, 2018 11:06pm Oct 8, 2018 11:06pm
my open position today

GBPNZD

long

Entry 2.03
Exit 2.037
SL 2.027
Let Market Tell You
  • #2,570
  • Oct 27, 2018 6:12am Oct 27, 2018 6:12am
EURUSD

Daily Timeframe

looks like Friday, closing with bull candle. If the market allow, long it

and support at 1.3333 very significant level.

on Monday, will confirm with sentiment flow on London session.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 41 KB
Let Market Tell You
  • #2,571
  • Oct 27, 2018 6:56am Oct 27, 2018 6:56am
EURJPY

Daily TF

long term support at 125, quite clearly seen.

As expected, due to BREXit and Italy issue, the EURO weaken this week which I short it since starting this OCT.

all together now, still running +ve pips around 350pips...

all the newsflow giving -ve impact on Euro until significant changes made..

my bias still short it..

the market since this month move to hold JPY till further confirmation..
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYDaily.jpg Size: 818 KB
Let Market Tell You
  • #2,572
  • Oct 27, 2018 7:14am Oct 27, 2018 7:14am
GBPUSD

Daily TF

As starting this month, Brexit issue continue to main indicator to give volatility for GBP.

at strong support at 1.28, pin bar candle appear. Does it will giving reversal signal for next week? Bull?

For my view, if GBP giving +ve expectation coming week, probably bull will be in charge.

At this moment, we can assume the GBP still weak with rising salary. but business sentiment mix. So there are no firm bull direction will in charge at this month.

“This seesaw of good and bad news has the sector’s nerves jangled and frayed but optimism about the future improved a little from the previous month. Some firms are expecting the floodgate of new orders to be opened soon, but business confidence will remain at a low ebb in the last quarter if cost pressures deepen and negotiations around our EU departure remain unresolved.”

Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 57 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 40 KB
Attached Image
Let Market Tell You
  • #2,573
  • Nov 1, 2018 8:00am Nov 1, 2018 8:00am
USD

"The manufacturing sector saw a strong start to the closing quarter of 2018, with new order inflows rising sharply and business optimism spiking higher in an encouraging sign that firms expect the good times to continue into 2019. “The increasingly bullish mood was also reflected in one of the largest monthly increases in factory payroll numbers seen over the past seven years as firms grew capacity to meet rising workloads.

“The key area of concern remained tariffs, which were widely reported to have contributed to another month of stalled export sales and a steep rise in prices for many inputs. Average input prices rose at one of the sharpest rates seen over the past six years in October. In a clear sign that inflationary pressures are continuing to build, strong customer demand meant firms were often able to push cost increases through to selling prices. Average prices charged for goods leaving the factory gate consequently jumped to one of the greatest extents seen since mid-2011.
Let Market Tell You
  • #2,574
  • Nov 2, 2018 9:00am Nov 2, 2018 9:00am
EURUSD

one of my trade today.

short it
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.jpg Size: 809 KB
Let Market Tell You
  • #2,575
  • Nov 4, 2018 4:25am Nov 4, 2018 4:25am
WEEKLY UPDATE
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 46 KB
Let Market Tell You
  • #2,576
  • Nov 5, 2018 6:43am Nov 5, 2018 6:43am
UK

What do we expect coming soon?
Attached Image
Let Market Tell You
  • #2,577
  • Nov 7, 2018 6:52am Nov 7, 2018 6:52am
EURNZD

already coming to 800pips!



pls beware to EURO uncertainty agenda, best to short it....
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDDaily.jpg Size: 839 KB
Let Market Tell You
  • #2,578
  • Nov 7, 2018 6:55am Nov 7, 2018 6:55am
looking forward to hear hawkish statement!

boost NZD to next level!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 20 KB
Let Market Tell You
  • #2,579
  • Nov 7, 2018 8:02am Nov 7, 2018 8:02am
Quoting Monokl
WEEKLY UPDATE {image}
where do you find this weekly update
  • #2,580
  • Nov 7, 2018 4:15pm Nov 7, 2018 4:15pm
Quoting xoxo12
{quote} where do you find this weekly update
Hi xoxo12

You can get from markit report
Let Market Tell You
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