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Breeze....Update on GBP/JPY

  • #781
  • Dec 15, 2007 10:46am Dec 15, 2007 10:46am
Quoting Breeze
Hi all....note that after the Beijing Olympics the Greenbak will shoot to the sky like crazy.

Breeze
I hope you don't mind me asking, but when is it? And why will this happen? how does it effect the market?

Thanks in advance
  • #782
  • Dec 16, 2007 10:01am Dec 16, 2007 10:01am
Quoting fish2007
I am also new to this tread and new to forex. I am trying to learn all that I can before I trade a real account. On a demo at the moment. Read through all the tread and I must say Breeze very impressive. I am now on the Breeze train. Hope you don't mind.
hi fish and fxstman.... ure both welcome....lest ride the chu chu train to riches.

Breeze
  • #783
  • Dec 16, 2007 10:19am Dec 16, 2007 10:19am
Quoting fxstman
I hope you don't mind me asking, but when is it? And why will this happen? how does it effect the market?

Thanks in advance
I'll keep you posted when we get to that time......

Breeze
  • #784
  • Dec 16, 2007 10:40am Dec 16, 2007 10:40am
Quoting Breeze
hi fish and fxstman.... ure both welcome....lest ride the chu chu train to riches.

Breeze
Thanks breeze
  • #785
  • Dec 16, 2007 11:48am Dec 16, 2007 11:48am
Thanks! Breeze.
  • #786
  • Dec 16, 2007 4:00pm Dec 16, 2007 4:00pm
Thanks! Breeze.
  • #787
  • Dec 16, 2007 8:55pm Dec 16, 2007 8:55pm
Ehr....could i enjoy you all? I want to take the ride in this train at the window
Tks.
  • #788
  • Dec 16, 2007 9:52pm Dec 16, 2007 9:52pm
long @

228.00................active
228.22................active
228.50................active
229.00................active
229.22 X 5...........waiting activation.....cancelled
229.50................waiting activation.....cancelled
228.40 X 5...........active

target projection @ 230-231

Profitable trading
Breeze
  • #789
  • Dec 16, 2007 10:03pm Dec 16, 2007 10:03pm
Ok here we go
Attached Image (click to enlarge)
Click to Enlarge Name: untitled 28.JPG Size: 97 KB
  • #790
  • Dec 16, 2007 10:06pm Dec 16, 2007 10:06pm
will be back with an update in an hour.

Breeze
  • #791
  • Dec 17, 2007 3:31am Dec 17, 2007 3:31am
Quoting Breeze
will be back with an update in an hour.

Breeze
Breeze,

I am using a MT4 Psychological and ADX indicator. At the moment quite bearish at 36 and 41(ADX) . Currently the price seems to be bouncing off weekly pivot and 50% Fib and based upon your projection should head towards monthly pivot 230 etc. and might even surpass it. Along the way one weekly pivot R1 @ 230.78. I am waiting on bullish signal of 44 and climbing with ADX increasing. Quick question. How do you know that the price will move toward 230? I can also see that 230.33 was tested before and rejected.
  • #792
  • Edited 4:43am Dec 17, 2007 4:40am | Edited 4:43am
Sorry everyone I am late I was suppose to be here earier on....

long @

228.00................active
228.22................active
228.50................active
229.00................active
229.22 X 5...........waiting activation.....cancelled
229.50................waiting activation.....cancelled
228.40 X 5...........active
227.50.................active
227.80.................active

lets see if we can get good interst for this week....target projection @ 231.00-233.00
Profitable trading
Breeze
  • #793
  • Dec 17, 2007 4:43am Dec 17, 2007 4:43am
Quoting Breeze
Sorry everyone I am late I was suppose to be here earier on....

long @

228.00................active
228.22................active
228.50................active
229.00................active
229.22 X 5...........waiting activation.....cancelled
229.50................waiting activation.....cancelled
228.40 X 5...........active
227.50.................active
227.80.................active

lets see if we can get good interst for this week....target projection @ 230-231

Profitable trading
Breeze
really wish you could take time to explain your system
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #794
  • Dec 17, 2007 4:45am Dec 17, 2007 4:45am
Quoting fish2007
Breeze,

I am using a MT4 Psychological and ADX indicator. At the moment quite bearish at 36 and 41(ADX) . Currently the price seems to be bouncing off weekly pivot and 50% Fib and based upon your projection should head towards monthly pivot 230 etc. and might even surpass it. Along the way one weekly pivot R1 @ 230.78. I am waiting on bullish signal of 44 and climbing with ADX increasing. Quick question. How do you know that the price will move toward 230? I can also see that 230.33 was tested before and rejected.
Now were heading for 233.00....I'll explain later.

Profitable Trading
Breeze
  • #795
  • Dec 17, 2007 4:47am Dec 17, 2007 4:47am
Quoting moneymagnet
really wish you could take time to explain your system
You sound sad.....1st you need to apply patience X 3...theres no easy road to success....and make sure your account postion can handle the drawdoun.....these 2 facts are very important = Money management.

Profitable Trading
Breeze
  • #796
  • Dec 17, 2007 4:51am Dec 17, 2007 4:51am
bruce....good to see you arround...i'll be back tomorrow to count my Treasure.
Breeze
  • #797
  • Dec 17, 2007 4:58am Dec 17, 2007 4:58am
[quote=Breeze;1762692]You sound sad.....1st you need to apply patience X 3...theres no easy road to success....and make sure your account postion can handle the drawdoun.....these 2 facts are very important = Money management.

not sad bro, lol. but instead of telling us where the market is going how about explaining why the market is going their. kind of like the "give a man a fish.......but teach him how to fish" philosophy. i know how to trade but if a newbie were to follow you blindly and you left or something happened to you God forbid) then what would that person do?
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #798
  • Dec 17, 2007 5:13am Dec 17, 2007 5:13am
[quote=moneymagnet;1762704]
Quoting Breeze
You sound sad.....1st you need to apply patience X 3...theres no easy road to success....and make sure your account postion can handle the drawdoun.....these 2 facts are very important = Money management.

not sad bro, lol. but instead of telling us where the market is going how about explaining why the market is going their. kind of like the "give a man a fish.......but teach him how to fish" philosophy. i know how to trade but if a newbie were to follow you blindly and you left or something happened to you God forbid) then what would that person do?
Money Management,

I am a newbie. Three months in forex.He says that he will explain in post 794 and I am also anxiously awaiting the explanation as well. I Currently have a pending buy order set at 228.54.
  • #799
  • Dec 17, 2007 5:22am Dec 17, 2007 5:22am
[quote=fish2007;1762722]
Quoting moneymagnet

Money Management,

I am a newbie. Three months in forex.He says that he will explain in post 794 and I am also anxiously awaiting the explanation as well. I Currently have a pending buy order set at 228.54.
well i have been long from 227.60 but i still want to learn other successful strategies. breeze has been very profitable but like he said you have to use good mm to absorb the drawdown, as i have seen him do.
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #800
  • Dec 17, 2007 5:22am Dec 17, 2007 5:22am
Quoting Breeze
You sound sad.....1st you need to apply patience X 3...theres no easy road to success....and make sure your account postion can handle the drawdoun.....these 2 facts are very important = Money management.

Profitable Trading
Breeze
Breeze,

Sorry for shooting you all these questions but I am assuming for those who can't handle extensive drawdowns we would use hedging based upon your strategy. Remember we don't have investors to fund our accounts. Looking for your response on how you came out with those new projections. Take your time. No rush. I plan to hedge as outline by Trader Joe in the earlier posts.
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