{quote} figured someone wouldve stepped up and told you that all the pairs are correlated so it was relevant information... however, more the reality is that the other random cross threads are dead... so they like to post that stuff in here too
- #49,122
- Oct 16, 2014 6:42pm Oct 16, 2014 6:42pm
Price is having real trouble breaking out from these levels.
Killing my long to close the gap for a moderate profit. It seems this downturn in equities and oil may be more substantial than I first anticipated.
Killing my long to close the gap for a moderate profit. It seems this downturn in equities and oil may be more substantial than I first anticipated.
- #49,124
- Oct 16, 2014 7:51pm Oct 16, 2014 7:51pm
- | Additional Username | Joined Apr 2014 | 1,220 Posts
smart ass was speechless whenJPY was weakening while USDJPY moving from 75 to 100
now 400 pip drop hurt....!
now 400 pip drop hurt....!
"Japan's Finance Minister Aso: Sudden rises and falls in foreign exchange cause trouble"bla bla
My Best Trade is Next Trade!
- #49,125
- Edited 11:47pm Oct 16, 2014 10:54pm | Edited 11:47pm
{quote} One of the best calls made today. I had lost 20% of my account before studying this chart and deciding to take a position. I made back 140% of my losses. Really made my day! Thank you.
I closed out my buy 0.3 lot AUD/JPY trade with 100 pips profit from 92.50 and i expect it could go up higher to test the 50% fibs of the recent fall.
Today Canada will release string of important news at GMT 12.30 but USDCAD is ranging so it's better to buy CAD/JPY as Yen has weakened yesterday (D1 bullish pinbar) not only against CAD but also other crosses except USD.
CAD/JPY manage to close itself above 94.00 level and trade above it now so i expect the uptrend correction is over now.
So for today my signal will be:
Buy limit CAD/JPY @ 94.00, SL: 92.85, TP: 96.35 (50% fibs) -115 pips stop loss-
If it retraces deeper, buy again CAD/JPY @ 93.50, SL: 92.85 -65 pips stop loss-
Adjust your position lot size carefully, risk the amount of money you feel comfortable to risk.
Good luck mate
- #49,126
- Oct 16, 2014 11:02pm Oct 16, 2014 11:02pm
{quote} Be sure to let us all know when you go bust. It will be entertaining to see who/what you blame.
It's so pity to see a newbie like you talking nonsense here while I'm making money to increase my side income.
Be sure to let us know when you will trade like a man with guts. It will be entertaining to see who/what wakes you up.
- #49,127
- Edited Oct 17, 2014 8:34am Oct 16, 2014 11:26pm | Edited Oct 17, 2014 8:34am
{quote} Then I'd figure you'd at least learn your lesson that high-leverage trading isn't something to get rich quick from. Obviously, you still haven't learned any form of risk management in all your time trading, and will no doubt lose everything again if you persist in making such over-leveraged trades. I don't take any pleasure from your misfortune, but acting proud about a small turn in luck after a 20% drawdown is behavior that needs to be combated. It's why so many people lose this game and should stand as a warning, not a success.
So what? At least Dr.Blue has the gut to trade and he knows how to manage (his own risk).
The thing is: Do you dare to trade, DonaldPump?
Talking theories, bla-bla-bla, risk management, bla-bla-bla, high leverage, behaviour, bla-bla-bla won't earn you a single penny.
You're better off go write a blog and teach people about your forex knowledge (there are a lot of them anyway).
This is a discussion forum, not a lesson forum.
Back to topic, do you dare to trade the pinbar above the trendline or not?
D1 CAD/JPY
- #49,128
- Edited Oct 17, 2014 12:22am Oct 16, 2014 11:56pm | Edited Oct 17, 2014 12:22am
- Joined Nov 2009 | Status: Trader | 2,582 Posts
- #49,130
- Edited 1:46am Oct 17, 2014 1:11am | Edited 1:46am
- Joined Nov 2009 | Status: Trader | 2,582 Posts
- #49,137
- Oct 17, 2014 6:21am Oct 17, 2014 6:21am
- Joined Jul 2011 | Status: Winning | 1,859 Posts
Please check out my blog at https://from-zero-to-hero . net
