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The Sacred Edge

  • #41
  • Jun 26, 2015 8:46am Jun 26, 2015 8:46am
Hope someone caught this...
Attached Image (click to enlarge)
Click to Enlarge Name: LITEHOLES.png Size: 27 KB
  • #42
  • Jun 26, 2015 8:48am Jun 26, 2015 8:48am
Quoting LITEchild
Hope someone caught this... {image}
Caught the same sentiment on the Dollar. Seemed they swapped YEN and Canadian for stronger currencies, USD and GBP.
A pip is only worth it if you know how much you risked to earn it
  • #43
  • Jun 26, 2015 9:06am Jun 26, 2015 9:06am
Quoting ephisi
{quote} Are you still skeptical even after the bold calls ive made?
It's still early. We'll see.
  • #44
  • Jun 26, 2015 9:23am Jun 26, 2015 9:23am
Subscribed!


Solutions ONLY!!!
  • #45
  • Jun 26, 2015 9:23am Jun 26, 2015 9:23am
Quoting vlady1974
{quote} Caught the same sentiment on the Dollar. Seemed they swapped YEN and Canadian for stronger currencies, USD and GBP.
In my opinion, Dollar strength is still just an illusion. The undisputable goldmine for a while now, remains and continues to be GBP.
Every other Major Currency is in a long term state of decline. Which says something about the state of the world economy as a whole. EUR has been struggling to appreciate but you get the sense it could be fighting a losing battle...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 20 KB
Click to Enlarge Name: GBPUSDH4.png Size: 14 KB
  • #46
  • Jun 26, 2015 9:54am Jun 26, 2015 9:54am
Quoting LITEchild
{quote} In my opinion, Dollar strength is still just an illusion. The undisputable goldmine for a while now, remains and continues to be GBP. Every other Major Currency is in a long term state of decline. Which says something about the state of the world economy as a whole. EUR has been struggling to appreciate but you get the sense it could be fighting a losing battle... {image} {image}
Totally agree. And the weird/dumb thing is that GBP has not been on my radar until I started noticing the amazing runs it has against AUD. This was about 3-4 months ago. That's what got me into trying to understand the correlations more. Some years back I did look at CSM but didn't understand it. I think it's worth a re-look.

As someone posted in another thread.... to try and predict/trade one pair in isolation is to disregard the sum of its parts as a whole. And that has been one of the keys for my improved trading in 2015. Last year, I managed to get consistent 30-50 pips. Now, it's 75 to 100+ and that isn't my "trading" but on selection of appropriate pairs!!

Once I've built up a sizeable base, I will try and trade the Renminbi! That is a corker!
A pip is only worth it if you know how much you risked to earn it
  • #47
  • Jun 26, 2015 10:17am Jun 26, 2015 10:17am
Quoting vlady1974
{quote}.... to try and predict/trade one pair in isolation is to disregard the sum of its parts as a whole.
Can you remember the post? Would love to read that...


Quoting vlady1974
{quote}.... Once I've built up a sizeable base, I will try and trade the Renminbi! That is a corker!
Lol.
  • #48
  • Jun 26, 2015 10:25am Jun 26, 2015 10:25am
Quoting LITEchild
{quote} Can you remember the post? Would love to read that... {quote} Lol.

Attached Image
A pip is only worth it if you know how much you risked to earn it
  • #49
  • Jun 26, 2015 10:28am Jun 26, 2015 10:28am
Quoting LITEchild
{quote} Can you remember the post? Would love to read that... {quote} Lol.
Gonna try and find this quote/thread!
A pip is only worth it if you know how much you risked to earn it
  • #50
  • Jun 30, 2015 3:31am Jun 30, 2015 3:31am
Expect a massive rally on the usdjpy. Bulls are taking position. What we are seeing past 2 days is a trap.
  • #51
  • Jun 30, 2015 3:54am Jun 30, 2015 3:54am
Quoting ephisi
Expect a massive rally on the usdjpy. Bulls are taking position. What we are seeing past 2 days is a trap.
Cheers for the heads up. FX Board for 15M, 1H and 4H confirm what you're saying against 200EMA

http://www.forexfactory.com/attachment.php?attachmentid=1704669&d=1435652185
A pip is only worth it if you know how much you risked to earn it
  • #52
  • Jun 30, 2015 4:16am Jun 30, 2015 4:16am
Quoting ephisi
Expect a massive rally on the usdjpy. Bulls are taking position. What we are seeing past 2 days is a trap.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM30.png Size: 24 KB
  • #53
  • Jun 30, 2015 4:30am Jun 30, 2015 4:30am
Quoting vlady1974
{quote} Cheers for the heads up. FX Board for 15M, 1H and 4H confirm what you're saying against 200EMA http://www.forexfactory.com/attachment.php?attachmentid=1704669&d=1435652185
Yes vlad. youre welcome. Love the dashboard.
  • #54
  • Jun 30, 2015 4:32am Jun 30, 2015 4:32am
Quoting LITEchild
{quote} {image}
Hey litechild. I now understand your liteholes. Its something i traded within te past 1year. But witout momentum. I love liteholes. Waats your target for usdjpy short. Hope u took profit?
  • #55
  • Jun 30, 2015 4:41am Jun 30, 2015 4:41am
Quoting ephisi
{quote} Waats your target for usdjpy short. Hope u took profit?
Missed TP by 5pips. SL still in place. Fingers crossed...
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM30.png Size: 23 KB
  • #56
  • Jun 30, 2015 5:18am Jun 30, 2015 5:18am
Quoting ephisi
Expect a massive rally on the usdjpy. Bulls are taking position. What we are seeing past 2 days is a trap.
Still have lots of room to go up. If thursdays nfp data is good expect 126.
  • #57
  • Jun 30, 2015 5:19am Jun 30, 2015 5:19am
Quoting LITEchild
{quote} Missed TP by 5pips. SL still in place. Fingers crossed... {image}
Ok bro
  • #58
  • Jul 1, 2015 3:16am Jul 1, 2015 3:16am
Been trading in the background, avoiding the stress of forum trading till im well rested. The past few days have taught me a few lessons that has helped me improve on my strategy. I have learn that even with 90 percent winrate you are not invinsible. Just 1trade if overleveraged or not properly managed can mess you up. Most importantly moneymanagement i cant hammer it enough.
  • #59
  • Jul 1, 2015 3:21am Jul 1, 2015 3:21am
I thought i was invinsible. Lol But im back to earth, i had one loosing trade on Gbpaud that has brought me back to reality. Though i have closed it. Gbpuud is now rallying towards my target
Attached Image (click to enlarge)
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  • #60
  • Jul 1, 2015 3:41am Jul 1, 2015 3:41am
Quoting ephisi
Expect a massive rally on the usdjpy. Bulls are taking position. What we are seeing past 2 days is a trap.
In my opinion bulls taking control gradually, with the help of nfp tomorrow we may se 125/126 again. The jpy is so strong because of safehaven against greece. Jpy is keeping usdjpy from rallying
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