Breeze....Update on GBP/JPY

Quoting kevinsw

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fxpredator,

I hope I will say this correctly because I would like this to be a positive post. I have been going through a mental growing stage I guess the last 5-6 weeks. It has been tough at times because I jump before I really look and go the wrong way, then try to change possitions in the trade which is dumb on my part. But you look to be a longer term trader and I am only 2 years in learning thus trade in shorter term for now. I on a personal level find myself feeling a unusual change in thought after seeing your charts and reading about your delema. You trade with amounts that I only dream to one day trade and are standing strong all things considered. I have blasted my rather small account more than once in my time trading and panic. I will no longer have the panic I once did after reading of your situation. I would like to think that this is a good thing for others reading your posts as we are learning in ways that promote deeper thought on our part.
Many will learn from your delema not just from you but also from those trying to help like Breeze.

I for one Thank You for posting your situation and helping me to learn.

I wish you the best as this thing plays out.

kevin

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Quoting DutchTrader

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fxpredator,


Every trader must master the inevitable "setbacks" that the market hands him/her. From those setback you are either stronger, and learning, or you stay stagnant. May your challenges prepare you for bigger and better things my friend. Like the other poster said, you still have liquidity, that means you're still in the game. As long as you have equity you can make a comeback. Remember though, you can't get it all back at once. One step at a time. FWIW the equity markets are in the red and I believe Asia might follow the DJIA down. Which should make a tasty short entry tonight.

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Quoting sieb_ila

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Hi Breeze,
The chart shows ADX Bearish trend, The Psychological line has come down from 48 to 40% , Daily pivot is 239.29.
Will it go down to next support 236.64 after mild re-tracement..
What do you think Breeze ? http://www.forexfactory.com/images/icons/icon7.gif

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Quoting 3013

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update: Pre Market Dow now -110

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Quoting fer

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can we get The Psychological line indicator on mt4?

thank you

Fer

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Quoting brucehvn

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I'm working on a psychological indicator for MT4. I've got it working, but I'm not sure it's reading correctly. I have FxAccucharts as well and I see differences in the readings on smaller time frames like 1H. Higher time frames like weekly look pretty close to the same. I think it's because the indicator is very sensitive to different data feeds. My FxAccucharts starts about 4 hours earlier on Sunday than my MT4 and probably quits earlier on Fridays, so that might be the difference. I'm still testing for awhile before I post it here.

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Quoting Breeze

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looks like another leg down....formation.....will post before New York session....I hope so.

Breeze

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Quoting Breeze

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Hello everyone still feeling pains.......but all in all I hope for the better....

fxpredator I told you to dump some positions but you didnt do so....

Now the market is positioning itself for Benny.....I hope you all enjoyed that "BEARISH" lvl.....I'm looking for a bounce...but first i have to hear what Benny says about the slumping housing market.

Breeze

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