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Forex Made Millionaire Thread for Blog Swing Trades

  • #621
  • Feb 14, 2016 11:51pm Feb 14, 2016 11:51pm
ok, gang. I'm throwing some shorts on with a SL of 166.10 and going to bed. See ya tomorrow!
check out my blog: forexmademillionaire dot com
  • #622
  • Feb 15, 2016 12:22am Feb 15, 2016 12:22am
this thread is simply awesome. everyone contribute to improve knowledge. great!. go go go a ahead untill become a super duper trader
  • #623
  • Feb 15, 2016 12:39am Feb 15, 2016 12:39am
Not so sure. I am going to hold off shorts on G/Y untill US session. it seems like in a short term uptrend to 166.60 target
Also, S & P has turned positive
  • #624
  • Feb 15, 2016 12:39am Feb 15, 2016 12:39am
waiting around 166.02 for shorts if it happens
  • #625
  • Feb 15, 2016 2:59am Feb 15, 2016 2:59am
Attached Image (click to enlarge)
Click to Enlarge Name: GJ_H4_15feb_2016.png Size: 71 KB
H4 TF and
Attached Image (click to enlarge)
Click to Enlarge Name: GJ_H1_15feb_2016.png Size: 65 KB
H1 TF.


I'll wait until it falls out of the channel.
  • #626
  • Feb 15, 2016 7:30am Feb 15, 2016 7:30am
Quoting pipmastertom
{image} H4 TF and {image} H1 TF. I'll wait until it falls out of the channel.
Risk sentiment is way up after extreme selling of the market in general. 2 weeks of upside minimum to 168.50 at least.
Be humble or be humbled.
  • #627
  • Feb 15, 2016 7:43am Feb 15, 2016 7:43am
Quoting Temujin
{quote} Risk sentiment is way up after extreme selling of the market in general. 2 weeks of upside minimum to 168.50 at least.
Risk sentiment is up since the Nikkei pushed 7%+ higher last night.

That being said, we won't know if this is a one and done thing or something that will last longer until US equities come back online tomorrow.

I'm still holding shorts from last night but considering cutting them. PA just isn't acting that great.
check out my blog: forexmademillionaire dot com
  • #628
  • Feb 15, 2016 8:19am Feb 15, 2016 8:19am
Iam just waiting and watching, My opinion on gbpjpy is to open shorts between 167/168. Today less liquidity in US and the start of week , hope so it will will pop up more 200 pus pips and then we will ride on shots.At the moment , it is safe to stay because basically we are in down trend and market is retracing, ahead 200 points are critical, the pair may plunge to downside any time . so the friends who are in long must be cautious on this side..............Happy trading
  • #629
  • Feb 15, 2016 9:09am Feb 15, 2016 9:09am
Eur/USD dropped below support, probably heading to 1.10
  • #630
  • Feb 15, 2016 9:57am Feb 15, 2016 9:57am
Closed my trades. 253 +320 + 166
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2016-02-15 at 15.55.18.png Size: 169 KB
  • #631
  • Feb 15, 2016 10:03am Feb 15, 2016 10:03am
Quoting Rurozan
{quote} It is there in MT4 just as that article says. Demo should not affect that. Gbpjpy swap short is -0.653 pips a day. Not really that bad. Nzdjpy swap short is -1.147 pips a day. Ouch.
In FXCM mt4, I don't see swap rate. I did see swap rate with couple of other demo brokers. The swap rates appear different among brokers. Does it mean FXCM does not charge swap rate?
  • #632
  • Feb 15, 2016 10:21am Feb 15, 2016 10:21am
Things are pretty dead today with US equities on holiday. I'm probably not going to get into any trades until tonight or tomorrow. There's just nothing really going.
check out my blog: forexmademillionaire dot com
  • #633
  • Feb 15, 2016 10:24am Feb 15, 2016 10:24am
my short on gbp/jpy turned into a scalp rather than a swing trade.
  • #634
  • Feb 15, 2016 10:39am Feb 15, 2016 10:39am
Quoting c-note
my short on gbp/jpy turned into a scalp rather than a swing trade.
Yeah, unfortunately there aren't any good swing setups at the moment. So if you're trading, be scalping.
check out my blog: forexmademillionaire dot com
  • #635
  • Feb 15, 2016 11:38am Feb 15, 2016 11:38am
Feels like GBP/JPY wants to push higher to at least 166.50 -- not sure I trust it enough to put my money where my mouth is though.
check out my blog: forexmademillionaire dot com
  • #636
  • Feb 15, 2016 11:42am Feb 15, 2016 11:42am
GBP/JPY trend bearish, put some short 165.51 with SL 165.65 target 157
  • #637
  • Feb 15, 2016 12:05pm Feb 15, 2016 12:05pm
Quoting Geppy
Feels like GBP/JPY wants to push higher to at least 166.50 -- not sure I trust it enough to put my money where my mouth is though.

I screwed up today! So thought id try nibble on abit of pips!! Had a fair amount but was "hoping" for it to drop a little more to reach my TP but guess what happend it didnt reach and went bavk up haha so now im sitting here swearing myself because i had the opportunity to grab a few.... sigh

oh well... the force is with the market haha
  • #638
  • Feb 15, 2016 12:22pm Feb 15, 2016 12:22pm
Quoting Evilzim
{quote} I screwed up today! So thought id try nibble on abit of pips!! Had a fair amount but was "hoping" for it to drop a little more to reach my TP but guess what happend it didnt reach and went bavk up haha so now im sitting here swearing myself because i had the opportunity to grab a few.... sigh oh well... the force is with the market haha
Yeah, I've been scalping both ways grabbing ~20 pips at a time. Makes me feel dirty, like a scummy little scalper lol
check out my blog: forexmademillionaire dot com
  • #639
  • Feb 15, 2016 12:32pm Feb 15, 2016 12:32pm
Quoting Jijjie
GBP/JPY trend bearish, put some short 165.51 with SL 165.65 target 157
Don't - not a good idea
  • #640
  • Feb 15, 2016 12:47pm Feb 15, 2016 12:47pm
Quoting Geppy
{quote} Yeah, I've been scalping both ways grabbing ~20 pips at a time. Makes me feel dirty, like a scummy little scalper lol
Hahaha my thoughts exactly! XD
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