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Forex Made Millionaire Thread for Blog Swing Trades

  • #1,281
  • Feb 22, 2016 6:21pm Feb 22, 2016 6:21pm
80 year old retired high tech salesman. MBA from Univ. of Texas (don't hold that against me) looking to add to my retirement so that my family can travel the world. Been trying for a little over two years now - very limited success.
  • #1,282
  • Feb 22, 2016 6:22pm Feb 22, 2016 6:22pm
Indonesia here, jus started trading last year, so sorry for sprouting nonsense. Maybe i should put watch and learn mode here first
  • #1,283
  • Feb 22, 2016 6:23pm Feb 22, 2016 6:23pm
​hi everybody

i'm from Bradford, UK

All the best !!
  • #1,284
  • Feb 22, 2016 6:37pm Feb 22, 2016 6:37pm
Hi all,
Like Krismitt I'm in New Zealand (well I guess my username gives it away!)
  • #1,285
  • Feb 22, 2016 6:40pm Feb 22, 2016 6:40pm
From Moscow, Idaho. Been living in Australia half my life. Central coast N.S.W. Nice place, beautiful beaches, but missing the Rocky Mountains. Internet is amazing, so many people from so many places meeting in the ether world here. Have been trading the USD/JPY in and out for a few weeks, shorts and longs. Went short yesterday, but had to put SL high to stay out of reach of bulls. Good to see it sliding today. Made money on USD/CAD short yesterday, closed out when it made triple bottom. Watching for next play on it.
  • #1,286
  • Feb 22, 2016 6:43pm Feb 22, 2016 6:43pm
Quoting Geppy
{quote} I would challenge people to run an experiment. Trade as you normally would, but every time you enter a trade add on an extra, much smaller position. Trade your normal position as you always do... getting out wherever you feel is best, etc. But with the smaller position, let it run until it either hits your original stop loss or profit target. Do this for a month or two and keep notes on how many pips each trade makes or losses. I think you'll find that the smaller trade that you hold to SL or TP drastically outperforms your normal methodology....
I know this is 4 pages ago but i wanted to bump this up again as it's the best advice i've had this month!
Thanks Geppy.
  • #1,287
  • Feb 22, 2016 6:55pm Feb 22, 2016 6:55pm
Quoting LittleDoc
80 year old retired high tech salesman. MBA from Univ. of Texas (don't hold that against me) looking to add to my retirement so that my family can travel the world. Been trying for a little over two years now - very limited success.
Howdy Doc,
Good to see someone in here near my age. Never too old mate to challenge the brokers.
Cheers,
Ronald
Ronnie Renko
  • #1,288
  • Feb 22, 2016 7:08pm Feb 22, 2016 7:08pm
Quoting KiwiPete
Hi all, Like Krismitt I'm in New Zealand (well I guess my username gives it away!)
Hahaaaaaaa....Sweet-As Pete!

Stay tuned; watch the Teacher (Geppy) carefully......and MANY pips to you.

That's my experience in here.

Bagged more pips since the start of this thread than I have done in my entire trading "career", which spans a few years

Cheers.
  • #1,289
  • Feb 22, 2016 7:12pm Feb 22, 2016 7:12pm
Quoting krismitt
{quote} Hahaaaaaaa....Sweet-As Pete!

LOL ....KIWIS.....good people.....seems like most places in the world we took British blood, mixed it with a bit of mongrel, and came out with a better product
  • #1,290
  • Feb 22, 2016 7:19pm Feb 22, 2016 7:19pm
Quoting Bill618
{quote} I know this is 4 pages ago but i wanted to bump this up again as it's the best advice i've had this month! Thanks Geppy.
Very cool, Bill. Keep us posted when you have some data!
check out my blog: forexmademillionaire dot com
  • #1,291
  • Feb 22, 2016 7:20pm Feb 22, 2016 7:20pm
Quoting krismitt
{quote} Hahaaaaaaa....Sweet-As Pete! Stay tuned; watch the Teacher (Geppy) carefully......and MANY pips to you. That's my experience in here. Bagged more pips since the start of this thread than I have done in my entire trading "career", which spans a few years Cheers.
WOW! Krismitt, that's incredible. Glad this thread could be the catalyst for that. Let's keep it up!
check out my blog: forexmademillionaire dot com
  • #1,292
  • Feb 22, 2016 7:20pm Feb 22, 2016 7:20pm
Joining the party from Iqaluit, NU
  • #1,293
  • Edited 7:30pm Feb 22, 2016 7:20pm | Edited 7:30pm
Hey folks! From the Kansas City area here. Great to meet you all, and hoping to contribute as I learn. Thanks for the educational thread and site, Geppy...it's like an apprenticeship which, for me, is definitely what's been needed.
  • #1,294
  • Feb 22, 2016 7:22pm Feb 22, 2016 7:22pm
As far as trading goes, we're seeing some good action right now.

GBP/JPY made new lows (saweeeet!) as USD/JPY is breaking down a bit here.

I want to see USD/JPY trade below the most recent lows at 112.30 then retest that level before adding any there.

I'm pretty locked and loaded on GBP/JPY for now though.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2016-02-22 17.20.36.png Size: 218 KB
check out my blog: forexmademillionaire dot com
  • #1,295
  • Feb 22, 2016 7:25pm Feb 22, 2016 7:25pm
Quoting krismitt
{quote} Hahaaaaaaa....Sweet-As Pete! Stay tuned; watch the Teacher (Geppy) carefully......and MANY pips to you. That's my experience in here. Bagged more pips since the start of this thread than I have done in my entire trading "career", which spans a few years Cheers.
Cheers Krismitt, I've only been trading around 6 months, never had a week were I made anything until last week so I'm following (and trying to learn!) with Geppy all the way!

All the best, and hope you too have many pips
  • #1,296
  • Feb 22, 2016 7:36pm Feb 22, 2016 7:36pm
Closed USD/JPY. look to go long 112.34
  • #1,297
  • Feb 22, 2016 7:39pm Feb 22, 2016 7:39pm
Quoting Blackopal
Closed USD/JPY. look to go long 112.34
uhhh... based on?
check out my blog: forexmademillionaire dot com
  • #1,298
  • Feb 22, 2016 7:43pm Feb 22, 2016 7:43pm
Quoting Geppy
{quote} uhhh... based on?
My guess would be that he is looking for capturing some short-term profit because it is a support level
  • #1,299
  • Feb 22, 2016 7:48pm Feb 22, 2016 7:48pm
Quoting Blackopal
Closed USD/JPY. look to go long 112.34

If you're going to post about closing and reversing a position that most in the thread are following its very important to add detailed rationale and charts. This isn't a gambling thread to post tips, people are here to share insight. Posts like this can cause panic and make people close positions before they should. If you haven't got the time to post more detailed insights it's better not to post anything.
  • #1,300
  • Feb 22, 2016 7:49pm Feb 22, 2016 7:49pm
Quoting Killavata
{quote} My guess would be that he is looking for capturing some short-term profit because it is a support level
Yeah, I can tell you how that's going to work out for him...
check out my blog: forexmademillionaire dot com
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