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Forex Made Millionaire Thread for Blog Swing Trades

  • #541
  • Feb 12, 2016 3:21am Feb 12, 2016 3:21am
Quoting Geppy
Congrats to Jason Rogers for being the first person blocked from this thread. You can no longer post.
Couldn't agree More.!!! He was "Selling" something. As such, Why is he not banished to the commercial thread.?? Many others not selling have been. Gotta wonder.
Look Left Trade Right
  • #542
  • Feb 12, 2016 8:20am Feb 12, 2016 8:20am
he was proud to have fxcm before his handle......yep,
it was just a commercial......be sure to drink your ovaltine.....did you guys see that three pushes to take at 164 even,,,,
  • #543
  • Feb 12, 2016 9:36am Feb 12, 2016 9:36am
Glad to see that post in this tread stay on point.
  • #544
  • Feb 12, 2016 10:07am Feb 12, 2016 10:07am
GBP/JPY - Still trading in it's channel. Failed to break and hold 164.00. If it fails again I will think about getting short with starter size, if it breaks below the channel I will add.

USD/CAD - Still looking to get short, I missed my opportunity this morning to sell at the top of the channel. Will wait until it moves back to 1.3960 area.

EUR/USD - Still trading in the same channel from the spike on 2/3. Looking to go long, will have a tight stop below the channel.
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  • #545
  • Feb 12, 2016 10:37am Feb 12, 2016 10:37am
Quoting USJ
GBP/JPY - Still trading in it's channel. Failed to break and hold 164.00. If it fails again I will think about getting short with starter size, if it breaks below the channel I will add. USD/CAD - Still looking to get short, I missed my opportunity this morning to sell at the top of the channel. Will wait until it moves back to 1.3960 area. EUR/USD - Still trading in the same channel from the spike on 2/3. Looking to go long, will have a tight stop below the channel. {image} {image}
Nice recap of the trades we're looking at, USJ.

I'm loving the USD/CAD breakdown of the rising wedge I pointed out, and got short from the top of, the other day:

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I'm still holding and will look to add on any bounce or potential retest of support turned resistance.

GBP/JPY shorts look like they may be setting up to come into play for next week. More on all of these in the weekly outlook to come out on Sunday.
check out my blog: forexmademillionaire dot com
  • #546
  • Feb 12, 2016 10:45am Feb 12, 2016 10:45am
Quoting Geppy
{quote} Nice recap of the trades we're looking at, USJ. I'm loving the USD/CAD breakdown of the rising wedge I pointed out, and got short from the top of, the other day: {image} I'm still holding and will look to add on any bounce or potential retest of support turned resistance. GBP/JPY shorts look like they may be setting up to come into play for next week. More on all of these in the weekly outlook to come out on Sunday.

please load explorer on your performance
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #547
  • Feb 12, 2016 10:47am Feb 12, 2016 10:47am
Quoting Soros
{quote} please load explorer on your performance
Why?
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  • #548
  • Feb 12, 2016 11:17am Feb 12, 2016 11:17am
Geppy,

Do you draw your trend lines from the body of the candles or the wicks?
  • #549
  • Edited 11:47am Feb 12, 2016 11:26am | Edited 11:47am
Quoting LittleDoc
Geppy, Do you draw your trend lines from the body of the candles or the wicks?
You can probably see most of my trend lines on my charts... usually the wicks.
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  • #550
  • Edited 12:16pm Feb 12, 2016 11:36am | Edited 12:16pm
Quoting Geppy
{quote} You can probably see most of my trend liens on my charts... usually the wicks.

Nice ..i have respect for trend lines too

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  • #551
  • Feb 12, 2016 11:59am Feb 12, 2016 11:59am
Dow Providing nice tailwind to GBP/JPY, I think it will be bullish most of the day most likely hit 165
  • #552
  • Feb 12, 2016 12:35pm Feb 12, 2016 12:35pm
Ugh, I know it's Friday but I can't help but sell GBP/JPY at this level...
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  • #553
  • Feb 12, 2016 12:59pm Feb 12, 2016 12:59pm
Using that strong upper golden trendline as resistance. I want to see if it can break through and reach my 138.2 expansion @165. If that happens before close I'll place a short
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  • #554
  • Edited 1:08pm Feb 12, 2016 1:05pm | Edited 1:08pm
Quoting Geppy
Ugh, I know it's Friday but I can't help but sell GBP/JPY at this level...
I feel the same way but i want to see some sort of rejection between 166 and 164 (where it is now) before entering. I don't think it'll happen before the week closes.
  • #555
  • Feb 12, 2016 1:08pm Feb 12, 2016 1:08pm
Quoting Good Lookin
{quote} I feel the same way but i want to sort of rejection between 166 and 164 (where it is now) before entering. I don't think it'll happen before the week closes.
I'm giving it a couple hours, if it doesn't move down a bit I'll probably just close out so I'm flat for the weekend.
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  • #556
  • Feb 12, 2016 1:12pm Feb 12, 2016 1:12pm
Quoting Geppy
{quote} I'm giving it a couple hours, if it doesn't move down a bit I'll probably just close out so I'm flat for the weekend.
There's just so much resistance here. The trend line, 200 moving average, and 61.8% fibo from the most recent move down:

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  • #557
  • Feb 12, 2016 1:40pm Feb 12, 2016 1:40pm
Quoting Geppy
{quote} There's just so much resistance here. The trend line, 200 moving average, and 61.8% fibo from the most recent move down: {image}
Absolutely correct about the resistance, howver there is one factor skewing the SR - Dow strength
I would wait untill 4:00 to see what happens. Might hit 165 or so before pause
  • #558
  • Feb 12, 2016 1:42pm Feb 12, 2016 1:42pm
Quoting Geppy
{quote} There's just so much resistance here. The trend line, 200 moving average, and 61.8% fibo from the most recent move down: {image}
You make a good bear case. Looks like the bear target is 160, but for me, time of day and day of week is the deal breaker. I'm sure i'd still be able to get in sunday or monday if its going down.
  • #559
  • Feb 12, 2016 1:49pm Feb 12, 2016 1:49pm
Quoting Geppy
{quote} GBP/JPY shorts look like they may be setting up to come into play for next week. More on all of these in the weekly outlook to come out on Sunday.
For sure!
  • #560
  • Feb 12, 2016 1:51pm Feb 12, 2016 1:51pm
Quoting Good Lookin
{quote} You make a good bear case. Looks like the bear target is 160, but for me, time of day and day of week is the deal breaker. I'm sure i'd still be able to get in sunday or monday if its going down.
Probably true regarding Sunday. I don't see the Dow giving up gains today in a massive dump. I've seen that happen plenty of times, but doesn't have that feel to it today.
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