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my system of 20 pips

  • #1,021
  • Oct 27, 2014 8:53am Oct 27, 2014 8:53am
Quoting FXAction
{quote} update {image}
Price has tested the indicated point 4 times and it has not broken it so it is going up!
Attached Image (click to enlarge)
Click to Enlarge Name: nu2.JPG Size: 98 KB
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #1,022
  • Oct 27, 2014 9:06am Oct 27, 2014 9:06am
Quoting FXAction
{quote} update {image}
Hi FxAction,

You've just lifted my Monday Blues......welcome back!
  • #1,023
  • Oct 27, 2014 9:12am Oct 27, 2014 9:12am
Sup at 1.26242
Attached Image (click to enlarge)
Click to Enlarge Name: eu.JPG Size: 91 KB

tp and sl indicated

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #1,024
  • Oct 27, 2014 9:15am Oct 27, 2014 9:15am
Respect for Cat and Fx Action

I trade resistance and support.
http://www.forexfactory.com/showthread.php?t=499704

See u guys later.

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #1,025
  • Oct 27, 2014 9:33am Oct 27, 2014 9:33am
Quoting FXAction
153g5361 GU will still reach initial tp, but i exit because channel once punished me {image}
Just a litte contribution.

Sup at 1.60114
Attached Image (click to enlarge)
Click to Enlarge Name: gu.JPG Size: 88 KB

tp and sl indicated
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #1,026
  • Edited Oct 28, 2014 1:48am Oct 27, 2014 1:18pm | Edited Oct 28, 2014 1:48am
Quoting Opemipo
{quote} Just a litte contribution. Sup at 1.60114 {image} tp and sl indicated
Phemmy I greet. I congratulate you on the quick grasp of my mentors traditional trading style. This is exactly what we expect, and not to be spoonfed. My mentor's thread is very explicit and informative. Yet, of all the hords of people that have gone through my mentor's thread as I directed, it is only Phemmy whom I have noticed to have grasped and practiced what he has learnt. You need to visit his journal to see the quantum of GreenPips he hauls in. More GreenPips To Your Elbow.
  • #1,027
  • Edited 3:42pm Oct 27, 2014 3:22pm | Edited 3:42pm
Quoting FXAction
{quote} Phemmy I greet. I congratulate you on the quick grasp of my mentors traditional trading style. This is exactly what we expect, and not to be spoonfed. My mentor's thread is very explicit and informative. Yet, of all the hoards of people that have gone through my mentor's thread as I directed, it is only Phemmy whom I have noticed to have grasped and practiced what he has learnt. You need to visit his journal to see the quantum of GreenPips he hauls in. More GreenPips To Your Elbow.
LOL!

My boss, I thank God for meeting u in ff and thank u so much for directing me to such a massive informative thread. May God bless.

I have learnt severally Resistance and Support for years but I found it very difficult to comprehend but that thread blew up my undertanding of it.

It is the secret carefully guarded for years but unfolded right in front of u by continuously looking at ur charts to see constant behaviour of price.

What a discovery!

Laziness kills! Many people in ff here dont want to do anything at all but they want to make money in fx. It never works that way. No research, no

delibrate reading especially if the thread or book is lengthy.

A piece of advice-there are golds in ff but u must search them out with due diligence. Go to the thread Fx Action recommended and read, read

and read again and again until the light turns up on ur charts

Thanks u sir, I m eternally grateful!

U can see more on this here
http://www.forexfactory.com/showthread.php?t=499704

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #1,028
  • Oct 28, 2014 1:13am Oct 28, 2014 1:13am
Phemmy: thank you so much for posting these pairs and it help me gradually understand the concept of loophole. i will follow this thread and please post more examples. look like gu, eu and nu are all going up.
  • #1,029
  • Oct 28, 2014 7:42am Oct 28, 2014 7:42am
Quoting FXAction
{quote} update {image}
Update
Attached Image (click to enlarge)
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  • #1,030
  • Oct 28, 2014 7:48am Oct 28, 2014 7:48am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 20 KB
  • #1,031
  • Oct 28, 2014 7:50am Oct 28, 2014 7:50am
Quoting FXAction
{quote} Update {image}
Green pips all the way!

Welcome sir!

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #1,032
  • Oct 28, 2014 8:05am Oct 28, 2014 8:05am
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  • #1,033
  • Oct 28, 2014 8:06am Oct 28, 2014 8:06am
Here is EURUSD
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  • #1,034
  • Oct 28, 2014 8:07am Oct 28, 2014 8:07am
Great analysis, thanks Cate, Fxaction and Phemmy..
  • #1,035
  • Oct 28, 2014 8:16am Oct 28, 2014 8:16am
FXAction, do you think EURUSD will have the drive to fill the liquidity gap between 1.3 and 1.31 in the next couple of weeks or so? There are untested R at 1.3 and 1.31. It would be nice to get to the base of that spike so that we can short it.
  • #1,036
  • Oct 28, 2014 8:39am Oct 28, 2014 8:39am
Quoting Opemipo
{quote} Just a litte contribution. Sup at 1.60114 {image} tp and sl indicated
GBPUSD has hit the tp
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.JPG Size: 85 KB


Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #1,037
  • Oct 28, 2014 9:00am Oct 28, 2014 9:00am
Quoting ponchofx
FXAction, do you think EURUSD will have the drive to fill the liquidity gap between 1.3 and 1.31 in the next couple of weeks or so? There are untested R at 1.3 and 1.31. It would be nice to get to the base of that spike so that we can short it.
Only the market knows its mind. Therefore I follow it step by step. For now I eye 1.2800 after retracement.
  • #1,038
  • Oct 28, 2014 9:08am Oct 28, 2014 9:08am
Quoting Opemipo
{quote} GBPUSD has hit the tp {image} Phemmy
Check the updates of Support and Resistance trading here
http://www.forexfactory.com/showthread.php?t=499704&page=13

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #1,039
  • Oct 28, 2014 9:12am Oct 28, 2014 9:12am
Quoting FXAction
{quote} Only the market knows its mind. Therefore I follow it step by step. For now I eye 1.2800 after retracement.
I feel the price will get here as indicated expect a resistance shows up.
Attached Image (click to enlarge)
Click to Enlarge Name: eu2.JPG Size: 85 KB

Thanks!

Learn more here (http://www.forexfactory.com/showthread.php?t=499704&page=13)


Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #1,040
  • Oct 28, 2014 1:31pm Oct 28, 2014 1:31pm
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