Price is everything

Stopped.

bought it

swissy turned @ first zone - will get it next week

Hi Red,
still in loonie trade? would u hold over weekend?

just added, if l can scalp it just now then will get out, but l have no issue with holding it

ok thanks for reply n sharing ur views

I'm assuming here you are entering on reds trades:

You are doing yourself a massive disservice in entering reds trades rather than learning and understanding why you enter them in the first place, if you enter a trade you need to understand what zone you are aiming for and when price action tells you to exit.

Its why i posted on my trade today that you shouldnt copy it unless you understand why.. yeah the trades i post usually go up 30-60 pips, but sometimes they move against me hard and ill refuse to exit them because there is a longer term strategy. Sometimes i just get stopped out which happened 3 times today and cost me a good amount of pips.

Either way, you are going to get hurt badly sooner or later if you dont start trading on your own. So just be careful when playing other peoples cards.. ive learned the hard way in the beginning by burning 4000€ into the ground.


Im off for the weekend, a club owner is celebrating his birthday and i have to be there ( *sigh*)

Will post some charts on Sunday/Monday, enjoy yourselves. Have a nice weekend all


EDIT:

Also for clarifications sake, im not dissing you in here or trying to be impolite, im just trying to protect you and help you along the way. Posting a chart and asking a question is one thing, but im just assuming you are taking his trades. Which is a dangerous game to play, even though reds trades usually are 95% accurate, they also have a brilliant entry point usually.To me its irrelevant because with the exception of usdchf, Eu, gbpchf and EJ i dont trade any of the pairs red is posting. Also im scalping 80% of the time. Im working 1 Hour bars like a crackwhore will work her ass off for crack

Once again have a nice weekend all.

In the near term, I agree gj should pull back..Below is reason I think it has one more upside wave.

1. usdjpy broke out is symmetrical triangle. It should pull back and test it which GJ should pull back with it. Then usdjpy might go to test its new high 84.40 area which correspond to GJ @135.25 area.

2. s&p future seem want to rally into 78.6% retracement before taking a break.

In regarding JPY short, I like eurjpy setup Vs gbpjpy.

23.6% + Trendline + Negative Divergence

yes, that S&P has just been crazy bullish



will see how it plays early next week across the yens

yes...time will tell us which direction will be heading to.

scalped

usdcad

I knew you didn't show us all your secrets!

See you on the moon pretty soon, astronaut!

Keep we all.

that's the secret behind the screen...
three lines should do...

-ant

mfs brokers nice spread on cadjpy,

Dollar index broke out its ascending triangle. let's if it has MORE GAS pushing into 79.24 which is 161.8% retracement.

S&P future now at its top of rising wedge channel with negative divergence forming in RSI.