The perfect trading system

Mr Chia at what level will you buy at ?

Hi, don555 for GBPUD , i still waiting, 1 weekly candle for reverse,or maybe 2 weekly candle, watching daily candle for reverse, this weekly candle body broken 1.5300, maybe can turn 1.4800 or 1.4300 , Gbpjpy look like want to down too, so if big players sell gbp and buy jpy can make gbpusd down, so my advice , wait........for weekly candle. my analisys GBPJPY, EURJPY,CADJPY,CHFJPY will down, i just need 1 0r 2 weekly candle, watch daily candle

HELLO. give attention for GBPJPY, SELL when price in zona 144-148,if you use rsi, sell when rsi h4 IN ZONA 60-70. may God Bless YOU ALL

Mr Chia thanks for the info.
What is the size of stop loss that you use ?

don 555, my sl 200-500pips,tp 200-1000pips depending on currency and weekly candle.

Are you sure the stop losses you have given me is correct ?

I have never ever seen a 500 pip stop loss on this thread.

don555, yes, stop loss 200-500pips, sl is too close too risky, use stoploss 500pips better without stop loss, and if the trend changes we still have the possibility of cut loss, less than 2% and plug the opposite position, I will give an example if later I use a stop loss 500pips, I tried to put it in a safe stop losses or put in place which definitely hit that, so no loss to 2% . if you sell short and use a stop loss 50-200pips you must put take profit and risk taking max 2%, I agree with articulate about it, I recommend a stop loss 200pips after definite trend direction.May Jesus Bless You All.

don555,500pips stoploss just my idea, not from this thread, this thread is only suggested stoploss 200pips.as I analyzed more than 10 currencies,there is a currency with stoploss 200pips, there is also a need more than 200pips. May God Bless You

don555, GBPJPY dropped as I predicted, according to my analysis, it is likely to touch 142-148 GBPJPY, it's depending on the news, if you use a stoploss 200pips, then attach a buy limit at 142 and stoploss 144, which is possible but unlikely hit , or wait h4 and daily candle. If you are using rsi, sale when rsi in zones 60-70 and confirmation with h4 candle. for GBPUSD do not buy yet, I'm still waiting. God Bless You,

Okay Mr Chia I am watching and waiting thanks again.

Very informative content regarding Forex. I am quite new but have bookmarked this page to refer back it often. Thanks!

don555, I forgot one thing, sometimes GBPJPY second kiss, depending on the news. meaning could touch 148, for use stoploss 200pips, I highly recommend h4 candle and candle daily to wait for a new turning sell. God Bless You

GBPJPY, weekly rsi in the red zone, 70-82, confirmed the highly effective weekly candles, look for the weekly candle has closed exceed 2 previous weekly candle(some pairs need 3 candle), or watch the 4 pieces weekly candle that can not go up / down due to a zone. GBPJPY has fallen 1000pips, there is likely to rise 450-800pips depending news, so I recommend not using a stop loss that is too tight, it is necessary that sg-depth analysis for 200 pips stoploss. for that I recommend daily and h4 candle wax to sell again. and notice one thing, today is the last day of february, some trader who will buy monthly trading earlier this month, so the price will go up briefly 450pip-800pips, to be honest I would be very happy if GBPJPY touched 145, I express deep gratitude to articulate that has helped a lot in my forex analysis. May God Bless you all.

gbpjpy weekly chart

Hi don555, what I found out I'll share to you here so that you can be successful in forex trading, you can see the connection of 4 time frame. Good luck GBU

Mr Chia what connection do you mean ?

the weekly is the same as daily, h4 and h1 are in the zoom and made tredline, for reversal of the direction I am definitely still rely 1-3 weekly candle, candle or at least 5 daily, depending on the currency, for a while I did not trade AUDUSD and NZDUSD, no chance to take advantage.May God Bless You

MONTHLY UPDATES (MARCH): GBPJPY and EURJPY

GBPJPY and EURJPY after 7 straight months of bullish run had the first bearish candle in February. I have noticed the first sign of the end of a the current cycle for both pairs and I have already have my "line in the sand' in similar to the one in June last year. The close of this month's candle will confirm the top for both pairs. The monthly consolidation for GBPYJPY is now between 138-148, while the weekly range range is 138-142.50. On the other hand the monthly and weekly consolidation for EURJPY is between 118-128.

MONTHLY UPDATE: GBPUSD

GBPUSD finally broke 1.5300 for the first time since 2010 and it appears to heading towards 1.4800. However, 1.500 is the barrier for now. GBPUSD is a pair that reward shorts if taken at the right level because 3-7 months of bullish run is usually reversed by 1 month of bearish reversal.

Study a pair carefully and take advantage of its PA.

Articulate, GBPJPY and EURJPY I agree will go down, in my opinion, and chfjpy cadjpy will also go down, and for NZDJPY and AUDJPY, I'm still waiting for one piece weekly candle if it wants to make sure he was down,what do you think?tq Jesus is the LOrd