http://lcchong.files.wordpress.com/2...ng?w=877&h=398
http://lcchong.files.wordpress.com/2...ng?w=877&h=398
http://lcchong.files.wordpress.com/2...ng?w=877&h=398
USD/JPY Discussion 7 replies
NZD/JPY Discussion 12 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
EUR/USD Bollinger Band Discussion 3 replies
Suidster's GBP/JPY Discussion 19 replies
DislikedCLC,
I've read your blog about your trading edge in the forex market. Lol you seem to be scared that people copy it, with your "don't copy" all over the pages. Don't worry I won't copy it. It wouldn't work for me.
Your system would have one advantage for me, I would NEVER lose any trade using your system.
But there is a disadvantage also, I would also NEVER win a trade.
In my eyes you made trading in your system so extremely complicated that by the time I had all the parameters and other stuff calculated and lined up, the trading opportunity...Ignored
DislikedTherefore I think the trend down has come up against a brick wall, and the trend is finished. There is no reversal yet, lets be quite clear about that, but the trend down is finished. The only way it will resume is if the BOJ allow it to resume.
So, buying into the dips is the only course of action that makes any sense to me. Normally I wouldn't consider buying against such a long term downtrend that has not show a sign of reversal, but in this case, I don't see the downtrend resuming.
If it was going to resume down, it has had plenty of opportunity...Ignored
DislikedAppreciated your comments.
Since I am trading on D1 chart, I have plenty of time to do analysis.
The complicated part is at discretion decision.Ignored
DislikedHello there Bear.....I think you're right....I think we're going down some more. I hate to say it, but 79.00 is looking more and more likelyIgnored
DislikedHi realjumper, yes the pattern does suggest a fierce fast down move and a fast recovery thereafter.
Must confess it's a little difficult to see that at current levels but then this pair does what it wantsIgnored
Dislikedthis will be my trading plan at the moment.
sell at 79.88
buy at 79.56
the 2 horizontal lines will be my SLs....Ignored
DislikedHi Chicky, how are you?
What do you mean with "what else is there now"?
By the way, I had 4 Killer Trades last week. 3 UY and 1 UC, In percentage I made what I normally make in 1.5 months,
I'm staying a bit away from EU, unless you can tell me where the reversal will be? Pretty soon I guess.
ShamuIgnored
DislikedBuyers are entering around 80.00 which is holding up price for a while
Then SL-hunting @ 79.90.....Ignored