The Gorilla Method | Page 185 | Forex Factory

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The Gorilla Method

  • #3,681
  • Jan 1, 2019 2:04am Jan 1, 2019 2:04am
Quoting Cm7
Australian Dragon Please guys, give me your opinion regarding this dragon. {image}
GA

Most likely this pair brought a big problem to the broker. Just look at the spread on last night's closing, Sell 1.80627 and Buy 1.81131. 51 pips
  • #3,682
  • Jan 1, 2019 2:07am Jan 1, 2019 2:07am
Quoting Cm7
Friends, I just want to know about what you see when you watch this dragon chart. Please give your short opinion and don't be shy to give an opinion. I always respect people's opinions whether they are the same as mine or slightly different. {image}
GBP/JPY: Price might retest at around 140.000 and find its way back down to 139.000 (Hourly chart). Full down trend, possible bearish movement throughout the month of January. The spreads are very high now and still be seriously high for the few hours on the resumption from the Banks holiday. IMO, why not taking the Gorilla signals only in the direction of the TREND
  • #3,683
  • Jan 1, 2019 2:14am Jan 1, 2019 2:14am
Quoting TonyHoney
{quote} Price might retest at around 140.000 and find its way back down to 139.000 (Hourly chart). Full down trend, possible bearish movement throughout the month of January. The spreads are very high now and still be seriously high for the few hours on the resumption from the Banks holiday. IMO, why not taking the Gorilla signals only in the direction of the TREND
Thank you bro, good opinion and me think people can use gorillas to accompany this dragon down.
  • #3,684
  • Jan 1, 2019 2:46am Jan 1, 2019 2:46am
well do you? OR will you be SMART enough to wait for GOOD SIGNAL?
Attached Image (click to enlarge)
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  • #3,685
  • Jan 1, 2019 4:58am Jan 1, 2019 4:58am
Quoting Cm7
{quote} Bro Chris, I really want to see your opinion abut GJ for tomorrow, thank you
Sorry, did not see the question.
Was not trading around the holidays but........partying.

Best wishes everybody.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,686
  • Jan 1, 2019 4:58am Jan 1, 2019 4:58am
Quoting starpro
well do you? OR will you be SMART enough to wait for GOOD SIGNAL? {image}
I follow my dragon's signal,
  • #3,687
  • Jan 1, 2019 5:00am Jan 1, 2019 5:00am
Quoting FxMadness
{quote} Sorry, did not see the question. Was not trading around the holidays but........partying. Best wishes everybody.
Oh yeah, party
  • #3,688
  • Jan 1, 2019 5:07am Jan 1, 2019 5:07am
Quoting TonyHoney
{quote} GBP/JPY: Price might retest at around 140.000 and find its way back down to 139.000 (Hourly chart). Full down trend, possible bearish movement throughout the month of January. The spreads are very high now and still be seriously high for the few hours on the resumption from the Banks holiday. IMO, why not taking the Gorilla signals only in the direction of the TREND
I agree,but don't forget,that dragon is now very sensitive to fundamentals and Teresa might get hiccups and dragon could start flying either direction.So unless brexit deal is done and clear,I'll be careful with dragon.

Btw Happy new year to all
Whether you think you can, or you think you can't,you're right. H.F.
  • #3,689
  • Jan 1, 2019 5:10am Jan 1, 2019 5:10am
Actually the forex market does not recognize holidays because transactions continue between large traders in various parts of the world and banks still provide their services.
  • #3,690
  • Jan 1, 2019 5:23am Jan 1, 2019 5:23am
We retail traders can only follow decisions made by bigdogs. So actually the direction of the trend has been determined before the trend takes place.
Our job is to collect as much profit as possible every time they take profit and that's pretty easy to do.
  • #3,691
  • Jan 1, 2019 5:35am Jan 1, 2019 5:35am
Quoting Cm7
We retail traders can only follow decisions made by bigdogs. So actually the direction of the trend has been determined before the trend takes place. Our job is to collect as much profit as possible every time they take profit and that's pretty easy to do.
How do we know which pair they choose?
  • #3,692
  • Jan 1, 2019 5:44am Jan 1, 2019 5:44am
Quoting MarkStep
{quote} How do we know which pair they choose?
Usually they do it in cross pairs but sometimes they do it in developing country currencies.
  • #3,693
  • Jan 1, 2019 5:47am Jan 1, 2019 5:47am
Quoting MarkStep
{quote} How do we know which pair they choose?
Usually not a specific pair but more a currency.
Mind you not all pairs related to that currency are affected in the same extend.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #3,694
  • Jan 1, 2019 5:49am Jan 1, 2019 5:49am
One of the basic textbooks when you study MBA is international economics. You can buy it at a bookstore and you will understand a lot about how to determine one currency, cross pair and so on.
  • #3,695
  • Jan 1, 2019 6:12am Jan 1, 2019 6:12am
Quoting Cm7
Actually the forex market does not recognize holidays because transactions continue between large traders in various parts of the world and banks still provide their services.
Bishop CM7, Are you a day trader or you do something else apart from trading? Just asking sir
  • #3,696
  • Jan 1, 2019 6:27am Jan 1, 2019 6:27am
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Market is always dinamic
  • #3,697
  • Jan 1, 2019 6:30am Jan 1, 2019 6:30am
Hello Everyone and good morning and Happy new year from the Caribbean...............sorry for later greetings......I had this terrible headache just had to sleep it out.............Cm7 bro---keep up your good work man :-) 2019 - the year for the blue ocean of pips :-)
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  • #3,698
  • Jan 1, 2019 6:36am Jan 1, 2019 6:36am
Quoting Cm7
Actually the forex market does not recognize holidays because transactions continue between large traders in various parts of the world and banks still provide their services.
I agree with you, forex market does not recognize holidays but brokers do, that is why we experience gap sometimes. For example, GJ closed at 139.736 but the current price of GJ presently is 140.359. Even during the weekends, you can still get the current price when all the brokers are closed.
  • #3,699
  • Jan 1, 2019 6:55am Jan 1, 2019 6:55am
Quoting TonyHoney
{quote} Bishop CM7, Are you a day trader or you do something else apart from trading? Just asking sir
I am a day trader but also doing business with some people who probably do money laundering LOL That is why I have to be careful when giving a call.
  • #3,700
  • Jan 1, 2019 6:57am Jan 1, 2019 6:57am
Quoting hesrondopa
{image}
Beautiful
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