Gordon Gekko's real-time Forex trading calls | Page 14 | Forex Factory

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Gordon Gekko's real-time Forex trading calls

  • #261
  • Mar 23, 2015 9:45am Mar 23, 2015 9:45am
Buying GBP/USD at 1.4929, 33 pip stop.
Each losing trade is an opportunity to learn
  • #262
  • Mar 23, 2015 10:30am Mar 23, 2015 10:30am
Quoting EarnPipsNow
Buying GBP/USD at 1.4929, 33 pip stop.
There was a typo on that long GBP/USD trade, the correct buying price was 1.4922, not 1.4929. In any case position was stopped out. This is a typical whipsaw trade, the market tricks you on both the short and long position on two correlated pairs. This happens and there is nothing we can do about it.
Each losing trade is an opportunity to learn
  • #263
  • Mar 23, 2015 12:09pm Mar 23, 2015 12:09pm
gj short again
  • #264
  • Mar 23, 2015 12:16pm Mar 23, 2015 12:16pm
short gu sl20 tp20
  • #265
  • Mar 23, 2015 12:24pm Mar 23, 2015 12:24pm
closing all of then for peanut.
  • #266
  • Mar 23, 2015 1:25pm Mar 23, 2015 1:25pm
Quoting EarnPipsNow
It's my personal opinion that the EUR/USD could go as high as 1.0950 (today or tomorrow) and then it would drop like a stone...
Is the EUR/USD now ready to crash and burn, as expected? I guess we will soon find out...
Each losing trade is an opportunity to learn
  • #267
  • Mar 23, 2015 2:02pm Mar 23, 2015 2:02pm
Here is how the EUR/USD looks like on the 5min chart. See these consecutive higher high that go nowhere? This configuration usually means that the bulls are losing control...
Attached Image (click to enlarge)
Click to Enlarge Name: eur_usd05min.jpg Size: 134 KB
Each losing trade is an opportunity to learn
  • #268
  • Mar 23, 2015 3:47pm Mar 23, 2015 3:47pm
Shorting EUR/USD at 1.0947, 26 pip stop.
Each losing trade is an opportunity to learn
  • #269
  • Mar 23, 2015 7:43pm Mar 23, 2015 7:43pm
Quoting EarnPipsNow
Shorting EUR/USD at 1.0947, 26 pip stop.
Lowering stop to 10 pips.
Each losing trade is an opportunity to learn
  • #270
  • Mar 23, 2015 8:24pm Mar 23, 2015 8:24pm
Quoting EarnPipsNow
Shorting EUR/USD at 1.0947, 26 pip stop.
+20 pips, moving stop to break-even. Position is now a "free" trade.
Each losing trade is an opportunity to learn
  • #271
  • Mar 24, 2015 5:01am Mar 24, 2015 5:01am
buy limit eu 1.0918 al 20 to 50
selllimit uj 119.80 sl 25 tp 75
  • #272
  • Mar 24, 2015 11:55am Mar 24, 2015 11:55am
Buying EUR/NZD at 1.4295, 28 pip stop.
Each losing trade is an opportunity to learn
  • #273
  • Mar 24, 2015 12:41pm Mar 24, 2015 12:41pm
uj close now at 119.65
  • #274
  • Mar 24, 2015 12:42pm Mar 24, 2015 12:42pm
not much for uj i know
  • #275
  • Mar 24, 2015 12:43pm Mar 24, 2015 12:43pm
eu hit my stop
  • #276
  • Mar 24, 2015 12:55pm Mar 24, 2015 12:55pm
Quoting EarnPipsNow
Buying EUR/NZD at 1.4295, 28 pip stop.
Out at 1.4280, 15 pip loss. Possible long re-entry later on.
Each losing trade is an opportunity to learn
  • #277
  • Edited 2:49pm Mar 24, 2015 2:07pm | Edited 2:49pm
Quoting goldfinger
not much for uj i know
An old Polish man once told me, in Montreal (Canada) : "There is no such thing as a "small" profit. Profit is profit, period."
Each losing trade is an opportunity to learn
  • #278
  • Mar 24, 2015 3:17pm Mar 24, 2015 3:17pm
Quoting EarnPipsNow
Sorry that was the euro, here is the 1h GBP/JPY with that same shooting star. {image}
Hawk Eye !
EarnNow you've got hawk-vision!
Attached Image (click to enlarge)
Click to Enlarge Name: EarnNow GbpJpy - Hawk Vision.JPG Size: 168 KB
Siddhartha G
  • #279
  • Edited 4:13pm Mar 24, 2015 3:21pm | Edited 4:13pm
Quoting EarnPipsNow
{quote} Personally I don't believe in over-bought or over-sold scenarios. However, one thing is for sure, it will take a LOT ( and I really mean a LOT!) of buying power to break through that huge shooting star you see on the GBP/JPY 1h chart. {image}
Right again - on this one too. Although by the skin-of-price-teeth - but right all the same
Although specifically mentioned GBP but EURUSD had shooting star too.

However - Its immunity to being beaten is much more limited in time. (while that of GBPJPY seems secure for a looong time on!)
Today the powerful "sold-out" zone of the shooting-star in EURUSD gave a marvelous show of shorts -
Creating another (smaller) shooting star in this pair.

Q. For EarnNow and all comers
What do you think - is the highlighted price structure in EURUSD 30M a head and shoulders formation in the making ? (see image)
Attached Image (click to enlarge)
Click to Enlarge Name: EarnNow EuRUSD - Hawk Vision.jpg Size: 118 KB
Siddhartha G
  • #280
  • Mar 24, 2015 3:26pm Mar 24, 2015 3:26pm
Quoting Isingh
{quote} Hawk Eye ! EarnNow you've got hawk-vision! {image}
Well, you know what they say, Isingh: Intuition comes from experience.
Each losing trade is an opportunity to learn
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