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Brave Heart of GBP/JPY

  • #241
  • Aug 30, 2007 12:59am Aug 30, 2007 12:59am
I already short GBP/JPY ....... @ 232.08 .......
  • #242
  • Aug 30, 2007 1:02am Aug 30, 2007 1:02am
Quoting Syafi
I already short GBP/JPY ....... @ 232.08 .......
give me the 1h chart of the rascal GBP/JPY ...
am in my job & haven't my weapons syafi
  • #243
  • Aug 30, 2007 1:12am Aug 30, 2007 1:12am
here it is.
Attached Image (click to enlarge)
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  • #244
  • Aug 30, 2007 1:30am Aug 30, 2007 1:30am
it seems the price arrived asupport level ...
you have two positions of sell....
i suppose you take profit of the position number 8097547...
and then make a hedge of the remainder position or close the all positions if you do not like this kind of trade way..
  • #245
  • Aug 30, 2007 1:33am Aug 30, 2007 1:33am
do that after taking place of confirmation of rising
  • #246
  • Aug 30, 2007 1:34am Aug 30, 2007 1:34am
the trade above was just demo...

On my live account I have short @232.08 .. now at 70 pip minus as it retrace back .. will end it at -100 if it continue to raise ...

hehehe it raise back so i close -108 hehehe.....
  • #247
  • Aug 30, 2007 1:35am Aug 30, 2007 1:35am
here ya go
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  • #248
  • Aug 30, 2007 1:39am Aug 30, 2007 1:39am
Quoting Syafi
the trade above was just demo...

On my live account I have short @232.08 .. now at 70 pip minus as it retrace back .. will end it at -100 if it continue to raise ...
you should to be afraid of demo account as you fear of alive account syafi..
  • #249
  • Aug 30, 2007 1:49am Aug 30, 2007 1:49am


with demo i am testing not to make money but how much drawdown i can really stand ... could give me an idea how i would react on live account.
  • #250
  • Aug 30, 2007 1:52am Aug 30, 2007 1:52am
it seems a support level ...
is not it venci ... ??
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  • #251
  • Aug 30, 2007 2:41am Aug 30, 2007 2:41am
Quoting pipskidnapper
it seems a support level ...
is not it venci ... ??
Pips .. for me it is a reverced head and shoulders ... and according to the theory ... the price will go up up up

....but i'm not sure ...
Attached Image (click to enlarge)
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  • #252
  • Aug 30, 2007 3:24am Aug 30, 2007 3:24am
today i guess everyone look at news...... base on chart it should already dive
  • #253
  • Edited 3:38am Aug 30, 2007 3:26am | Edited 3:38am
it is good pattern venci but it still not completed...
i will give you an important rule venci...
do not trade on reliance the patterns unless it become completed...
the head & shoulders must not still head & shoulders unless we got it...
then we enter the market on based of this X pattern..
we but it in our memory and wait...
within this waiting we can trade with another system even the pattern completed & then make it's deal
  • #254
  • Aug 30, 2007 5:02am Aug 30, 2007 5:02am
pips....pips....pips.....pips...........pips

  • #255
  • Aug 30, 2007 5:29am Aug 30, 2007 5:29am
the price arrived a strong level....
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  • #256
  • Aug 30, 2007 5:33am Aug 30, 2007 5:33am
you can see this level on daily frametime
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  • #257
  • Aug 30, 2007 5:41am Aug 30, 2007 5:41am
50% fibo will be strong bullish point ......
the price must break it down to contiue faling....
but it seems strong
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  • #258
  • Aug 30, 2007 5:42am Aug 30, 2007 5:42am
pips...pips.......pips.....pips....pips.....

  • #259
  • Aug 30, 2007 5:51am Aug 30, 2007 5:51am
very strong support... if it dive we see another 500 pip down .........

if not where it go ?
  • #260
  • Aug 30, 2007 5:56am Aug 30, 2007 5:56am
nice move ... short short.
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