Breeze....Update on GBP/JPY

Quoting cashflowtrader

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Not everybody is ragging on Breeze, I don't think. Some of us are just commenting on what we think the issues are.

I for one thinks that if you are just trading based on what others say and then blaming whoever you are following after you lose your money then I say you got exactly what you deserve. In forex you trade on your own nobody forces you to trade their calls.

Breeze can trade his account anyway he wants and he can post anything he wants. But then when he says Monthly is still uptrend he should also be open to questions. Some of us just dont see it. I think constructive discussion is healthy as long as no childish rants or destructive criticism is inserted in the conversation.

Besides me thinks only a fool and one who has nothing better to do takes anything posted here personally. This is purely entertainment folks, to while away boredom that comes inbetween your trading.

Peace.

Cash

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Quoting vinesh2

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I am smeeling some horse s***T from somewhere umm hmm. Oh never mind its the breeze coming from the that direction. Guys this thing is looking at atleast 198 area so unless you have a huge margin I would suggest taking another look at your position. If you can sustain a huge draw down good luck if not then do the right thing and don't listen to crazy calls.

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Quoting bluelabel

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now this is my post here...been very entertaining continue to make long calls guys eventually GJ will bounce back, you'll all be rich n famous

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Quoting bluelabel

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100 pips will be covered by 40 days swap interest.....500 pips is 200 days....1000 pips...400 days....and eventually GJ will bounce back and you will all be rich and famous from your trade calls so, i dont see any problems at all by following breeze calls

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Quoting et_phonehome_2

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I do not understand why everyone is complaining of Breeze's calls, he is not the one who forced you to go long the GBPJPY. The ultimate decision is up to you, it's your money not his.

The problem is that there are too many people who have just come on board, read a few threads and gone ' hey there is so much positive feedback, this breeze fella even shows you his trades, ill follow him and oh where he mentions "heavy" he must know that it is good and definatly heading that way so ill just add X amount of lots because the market is going forward for sure. Wicked ok so im in at 2xx, and 2xx and oh cant forget 2xx and 2xx and those 2 are heavy. right time to walk away and when i come back next ill be rich rich rich.

2 hrs later ' hey what the hell is a margin call, or wait my account is blown. WELL IM GONNA SAY SOMETHING ABOUT THIS.... Excuse me MR BREEZE you cost me my account and blah blah blah.

Highly exaggerated or not, the above outlines someone who has failed to read the fine print and analyse that this system, like the countless others, DOESNT always win. The pound/yen is a frightning pair as it is, with a ave pip range currently in excess of 300 to 350 and it has the ability to produce ranges in excess of 800 pips. So what does that mean. Well for starters, if you trade this pair recklessly, and with no thought to MM then you are stuffed.

Breeze, at the bottom of his name, states that he doesnt use SL. It is at the bottom of every post. So if you come in with X amount of dollars and trade it in a way where, the market moves against you 800 pips for a margin call, then you really only have yourself to look at. I trade this thread on a demo account. Why??? Because I want to get a feel for the pair. I want to learn it waves and try to see how this beast reacts. Once I see success I will trade it live, but only when MY criteria is met.

I am sorry for those that have been margin called. However why were you margin called when this pair has only dropped at the most 500 pips from most entry points. most people were adding longs at around 206-207 in which case the low of it so far is 202.36, which is under 500. Money management is PARAMOUNT no matter what system/method you trade. If you trade outside you limits, especially on this pair, well you only have yourself to look at.

For those that rag this system, you might aswell go and rag every and any system, because NEWSFLASH- every system has a period of drawdown. To every trend there is a pullback. If you get in at the top, instead of waiting for a price that suits you and you face a massive pullback that wipes you out, guess what. YOU clicked and ordered that trade, no one else.

On the other side of the coin. It was only not long ago that we saw this pair close to 192. HOW many people started going long, and HOW many people continued long, till even now. WOW you must have made some profit. Lets see 192 to 209. Thats off the top of my head 1700 pips. But wait theres more. How many locked in profits along the way, got stopped out eventually and then put more longs in during the retracement, only to see it climb out of those dives to produce higher highs. WOW more profit. I DIDNT SEE MANY COMPLAINTS ON THAT THREAD DURING THOSE TIMES.

You see it is only human nature to blame everything and anyone around us, instead of taking it on ourselves to learn.

Im sorry if this post has offended or annoyed, but it my outlook on what has been more success than not, but still alot of blame being thrown back at breeze and his clan of long term followers.

I salute you breeze for starting, maintaining and adding to a thread. For those that complain or blame, do me a favour. Start your own thread with a FLAWLESS SYSTEM, so that we can all come worship at your feet. Post all you entries so that we can be witness to what you say... and if you do happen to fail, just remember your post here and remember what goes around can certainly come around. Till your prepared for that, stay away, your just a distraction to those who have taken the time to understand, nothing in life is perfect, but if you succeed 7--8 time out of 10 then you aint doing to bad.

Peace out

Max

PS sorry its long winded, just alot of emotion

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Quoting TraderJoe

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Well.. close but not quite.

Breeze knows very well that geppy will be going up again soon. He is positive it is not in a long or even medium downtrend. Short term it has turned down but it can't last for long. As far as the HUGE account everyone is talking about, I don't know what Breeze has but I do know that you don't need a HUGE account to trade like this. Just proper money management is all you need. What do I mean? Well just like Syafi has been saying, if you simply use the correct lot sizes according to your account size, you could trade like B does on a 1k account. Remember, everytime you double our lot size, you risk a downdraw 4x the previous one. The trouble is most people want it all right now and greed gets the best of them so they over leverage and lose by gettine a margin call.

The people that have been trading for years know this very well and most have (hopefully) learned not to let greed get the best of them any more but IT'S VERY HARD not to tend toward it still. Dicipline is key to the success of this game and without it you will loose. This is why emotions must be controlled too because with high emotions, dicipline goes out the window.

TraderJoe

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Quoting moneymagnet

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wow someone who knows exactly what the market is going to do

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Quoting Austin168

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Already up 197 pips on G/Y and now just added 2 mini lots at 211.68 targeting 1 at 213.6 and will close all postions at 218.70

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Quoting vinesh2

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Ya out of power supply looks like he is out of his mind!

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Quoting fc3s

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^^ well said

i can relate to you, my first trade with breeze, i actually turned $1000 to 9.5k, but i was stupid and didnt lock in my profits and had a margin call. using what is left, i am slowly building back my money. you learn from your mistakes and sometimes, its gonna cost you some money to to learn.

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Quoting sifoorex

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I always seeing your decision on opening a position majority is "long" position. Same as this statement, i am wondering what happen to your "very heavily" longs @ 206.00 now.

neway, good luck with your longs

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Quoting vinesh2

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I have said it before and I am going to say it again do not listen to Breeze all he is doing blowing out wind from you know where.

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Quoting fc3s

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hi breeze,
im following your calls and im a firm believer of your trading style and your calls. still holding a long from 206.47. might add another one around 204ish.

do you know how far geppy is gonna drop before it turns back around in favor of us?

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Quoting moneymagnet

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the trend is up? which currency you lookin at?

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Quoting vinesh2

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Whats up Kujo dont trust Breeze trust me on that!

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Quoting Breeze

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Update on Positions

long
NZD/USD @ 7750...Prfts booked @ 7825
NZD/USD @ 7780
NZD/USD @ 7800

Old Positions
long
NZD/USD @ 7876
NZD/USD @ 7873

long
USD/JPY @ 103.85 X 20
USD/JPY @ 103.22 X 20....set a protective stop @ 104.24...Prfts booked
USD/JPY @ 103.50 X 20....set a protective stop @ 104.24...Prfts booked
USD/JPY @ 104.00 X 20...Prfts booked @ 105.50
USD/JPY @ 104.30 X 20...Prfts booked @ 105.50
USD/JPY @ 104.35 X 20...Prfts booked @ 105.50


long
GBP/JPY @ 203.60 X 10....set a protective stop @ 207.00...Prfts booked
GBP/JPY @ 203.80 X 10....set a protective stop @ 207.00...Prfts booked
GBP/JPY @ 204.00 X 10....set a protective stop @ 207.00...Prfts booked
GBP/JPY @ 204.22 X 10....set a protective stop @ 207.00...Prfts booked
GBP/JPY @ 204.50 X 10....set a protective stop @ 207.00...Prfts booked
GBP/JPY @ 204.80 X 10....set a protective stop @ 207.00...Prfts booked
GBP/JPY @ 207.00 X 10...Prfts booked @ 209.00
GBP/JPY @ 206.90 X 10...Prfts booked @ 209.00
GBP/JPY @ 206.25 X 10...Prfts booked @ 209.00
GBP/JPY @ 206.09 X 10...Prfts booked @ 209.00
GBP/JPY @ 206.31 X 10...Prfts booked @ 209.00

Old Positions
long
GBP/JPY @ 207.48...Prfts booked @ 209.00
GBP/JPY @ 207.80...Prfts booked @ 209.00
GBP/JPY @ 208.00...Prfts booked @ 209.00
GBP/JPY @ 208.22...Prfts booked @ 209.00

Unhedged Poition
211.50
211.55
210.00
210.50
209.00

Note that target on GBP/JPY will be raised to 218.50...but we will protect pips by lockin in profits @ 218pips per trade or as ussual @ 109pips

By the way the FED has no more room for any fyrther rate cuts......note that......says the Market Mater

I hope you all didnt "HEDGE" cause I didnt tell you to do so.....and dont listen to any "Tom" "Dick" and "Harry".....Now the Market Master has spoken


Breeze
Market Master

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Quoting goranFX

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Serious tread with serious traders who only mean BUSINESS that`s all i`m going to say....limited english but following the tread for 7 months already i like it

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Quoting vinesh2

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Breeze has already blown up a couple of account please be careful with his calls. Trade what you see not what you hear please!

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Quoting RichD

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Here we go where? lol honestly I swear nearly every time you post these 4 words, price invariably goes south : .. although Im sure eventually you are proved right.

Not having a dig mate just find it amusing

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