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PA by Julexo

  • #4,321
  • Jan 8, 2013 1:35pm Jan 8, 2013 1:35pm
Quoting Julexo
never trust no one special on FF...just make own moves based on own knowlege and system...believe me...lots of people in ff just junkies and scammers...same people have more clue about MKT and making more money from 1st post. on ff instead who has 10+v...never trust others bullshit...
You alright ? People are snakes, few know what respect is and they are less and less. Many are hiding behind keyboard and play smart and strong. All the best buddy .
  • #4,322
  • Jan 8, 2013 3:12pm Jan 8, 2013 3:12pm
Short GU, will see ...
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  • #4,323
  • Jan 8, 2013 3:31pm Jan 8, 2013 3:31pm
Quoting Julexo
lot's of trades left this site...for stupid criticism from other memebers...same people email me...they start making more money when they quit read others msg on forum....
You alright ? People are snakes, few know what respect is and they are less and less. Many are hiding behind keyboard and play smart and strong. All the best buddy.

Quoted the wrong post before, sorry.
  • #4,324
  • Jan 8, 2013 3:45pm Jan 8, 2013 3:45pm
Hi all,

I've been reading this great thread for a week or so. I took this trade on USDJPY this morning. Looked like fresh supply on the weekly and daily. any opinion on my TP would be much appreciated. Happy trading!
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  • #4,325
  • Jan 8, 2013 4:09pm Jan 8, 2013 4:09pm
Hi everyone,

Quoting Julexo
this business is one of the hardest things what you did in your life...you will remember my words...when you'll start make money from fx and will be full time job....there is no dinner for free at least for 3-4 years....
Julexo, I completely agree with you. I would like to repeat here words of one of the greatest and inspiring trader in history - Paul Tudor Jones:
"Trading is very competitive and you have to be able to getting your butt kicked",
"You adapt, evolve, compete or die".

Technique and trading style is very important but the prime in this business is good risk (money) management and strong psyche to be able to stand much stress.
  • #4,326
  • Edited 4:44pm Jan 8, 2013 4:41pm | Edited 4:44pm
Quoting Rippin
Hi all,

I've been reading this great thread for a week or so. I took this trade on USDJPY this morning. Looked like fresh supply on the weekly and daily. any opinion on my TP would be much appreciated. Happy trading!
Attachment
Rippin,

It has been my experience with the yen ladies that they are heavily manipulated. The recent depreciation of the yen by printing trillions of them is proof. Because of the manipulation, I choose to stay away from these pairs.

As for trading, it is very easy to get into a trade. The really hard part is knowing when to get out. In this particular case, it is even more difficult. Now if, and this is a big "if," the boj has stopped printing for a while, the following levels may be tested: It pierced and bounced off of 86.95. If it goes below this, the next level will be 86.62, then 86.14, 85.95, 85,50 and 84.52. However, no one knows if/when the boj will crank up the printers again.

I like to say its not the quantity of the pips rather the quality. I say this because confidence reigns. If you develop your own trading system and more importantly believe in it because it has demonstrated its reliability time and time again then, and only then, will you have confidence in knowing exactly when to enter and when to exit a trade.

Happy Trades,
fxstir
  • #4,327
  • Jan 8, 2013 5:12pm Jan 8, 2013 5:12pm
Quoting fxstir
Rippin,

It has been my experience with the yen ladies that they are heavily manipulated. The recent depreciation of the yen by printing trillions of them is proof. Because of the manipulation, I choose to stay away from these pairs.

As for trading, it is very easy to get into a trade. The really hard part is knowing when to get out. In this particular case, it is even more difficult. Now if, and this is a big "if," the boj has stopped printing for a while, the following levels may be tested: It pierced and bounced off of 86.95. If...
Fxstir,
thanks for the advice and pointers on the levels. I marked them on my chart so I can learn from them. I got out of the trade if only to insure profit. I still like the look of the set up interms of shorting from supply.
  • #4,328
  • Jan 8, 2013 6:42pm Jan 8, 2013 6:42pm
Quoting Rippin
Fxstir,
thanks for the advice and pointers on the levels. I marked them on my chart so I can learn from them. I got out of the trade if only to insure profit. I still like the look of the set up interms of shorting from supply.
The setup does look good. Another reason to go short is because the news is telling everyone to go long. It's the contrarian in me. I just don't trust the boj. Have been burned to many times.

I just shorted aud:usd - again.

Happy Trades,
fxstir
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  • #4,329
  • Jan 9, 2013 2:59am Jan 9, 2013 2:59am
I am Back after exams........ Hope everyone doing good. Lets start things again.........
  • #4,330
  • Jan 9, 2013 3:01am Jan 9, 2013 3:01am
Quoting fxstir
The setup does look good. Another reason to go short is because the news is telling everyone to go long. It's the contrarian in me. I just don't trust the boj. Have been burned to many times.

I just shorted aud:usd - again.

Happy Trades,
fxstir
How you doing ? Hope you got some pips from this trade. I have a small long trade currently up with 30 pips. Need to play safely at these levels. Good luck
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  • #4,331
  • Jan 9, 2013 3:06am Jan 9, 2013 3:06am
Quoting Rippin
Hi all,

I've been reading this great thread for a week or so. I took this trade on USDJPY this morning. Looked like fresh supply on the weekly and daily. any opinion on my TP would be much appreciated. Happy trading!
Attachment
Welcome to the thread mate. I really love to trade JPY pairs. I got some good pips on the long trades last year.

I think JPY completed its wave and pointing further up. I recommend you to move your SL to break-even at this stage. For me your TP is very long term. Need big news to pull UJ down. I don't have any JPY trades at the moment. In any case good luck.
  • #4,332
  • Jan 9, 2013 3:10am Jan 9, 2013 3:10am
Quoting fxstir
Hello Julexo,

Hope you are doing well.

Your post is spot on. Becoming a successful trader in the forex markets is one of the hardest things to do. The market will charge you tuition, tuition equal to that of any ivy league university. Becoming a successful trader will change you as an individual. It truly is a a way of thinking and being. I too have met some incredible traders and have learned a great deal from them. Trading is a lonely game. There have been some good traders at forex factory. In fact some are so good that they have...
Nice One
  • #4,333
  • Jan 9, 2013 3:21am Jan 9, 2013 3:21am
Quoting fxstir
Rippin,

I like to say its not the quantity of the pips rather the quality. I say this because confidence reigns. If you develop your own trading system and more importantly believe in it because it has demonstrated its reliability time and time again then, and only then, will you have confidence in knowing exactly when to enter and when to exit a trade.

Happy Trades,
fxstir

Fxstir,

By far the best advice / blog, I have read in online community.
cheers
  • #4,334
  • Jan 9, 2013 3:37am Jan 9, 2013 3:37am
Hope everybody is ok, closed yesterday short on GU with small profit, now short again, will see ...



EDIT: Closed with +5 pips
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  • #4,335
  • Jan 9, 2013 3:38am Jan 9, 2013 3:38am
Quoting Paraipan
Hope everybody is ok, closed yesterday short on GU with small profit, now short again, will see ...
Good area to short. Good luck
  • #4,336
  • Jan 9, 2013 3:41am Jan 9, 2013 3:41am
Quoting robertrfx
Good area to short. Good luck
Nice to see you, some nice trades I saw from you. All the best !
  • #4,337
  • Jan 9, 2013 3:46am Jan 9, 2013 3:46am
The other way around


EDIT: Closed +5
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  • #4,338
  • Jan 9, 2013 4:04am Jan 9, 2013 4:04am
Pound...if we get there...my sell orders be there...
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  • #4,339
  • Jan 9, 2013 4:09am Jan 9, 2013 4:09am
usd.cad///top and bottom zones watching let c....which takes first place...let give to PA to decide....what she want to do...
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  • #4,340
  • Jan 9, 2013 4:10am Jan 9, 2013 4:10am
Quoting Paraipan
The other way around


EDIT: Closed +5
perfect multidemand...
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