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Forex Made Millionaire Thread for Blog Swing Trades

  • #1,881
  • Mar 2, 2016 9:43am Mar 2, 2016 9:43am
Quoting Forex147
{quote} Aha, anyway I was wondering what was the price you got your long on? Coz I remember you joined me on that long trade earlier which I myself took @ 158.88
159.221
I saw it break long out of the consolidation and then when that area became support, I entered.
Not sure how you got a better price unless you started at the bottom of the triangle.
Attached Image (click to enlarge)
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  • #1,882
  • Mar 2, 2016 10:01am Mar 2, 2016 10:01am
Quoting Rurozan
{quote} 159.221 I saw it break long out of the consolidation and then when that area became support, I entered. Not sure how you got a better price unless you started at the bottom of the triangle. {image}
I didn't use the triangle ,but I did make the trade . Check photo.😜
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  • #1,883
  • Mar 2, 2016 10:12am Mar 2, 2016 10:12am
Quoting Forex147
{quote} I didn't use the triangle ,but I did make the trade . Check photo.�� {image}
Oof, that's quite a paycheck. Someday I'll get up there.

Currently doubled long and at 126 pips on best entry. Max ideal TP before 161.77 because that's 61.8% of the downmove I put a fibo on and too much more in the name of greed will just get missed.

While there is divergence, it still just keeps on making higher highs. Dragging positive stops along just in case.
  • #1,884
  • Mar 2, 2016 10:22am Mar 2, 2016 10:22am
Quoting Rurozan
{quote} Oof, that's quite a paycheck. Someday I'll get up there. Currently doubled long and at 126 pips on best entry. Max ideal TP before 161.77 because that's 61.8% of the downmove I put a fibo on and too much more in the name of greed will just get missed. While there is divergence, it still just keeps on making higher highs. Dragging positive stops along just in case.
I know you will get there one day. Just be patient.
I'm acting aggressive and keeping my shorts. I'm going a little bit crazy here and looking to short again.
I'm watching price action , either wait for 161.00 and then add shorts or if prices show weakness again.
  • #1,885
  • Mar 2, 2016 10:34am Mar 2, 2016 10:34am
Quoting Forex147
{quote} I know you will get there one day. Just be patient. I'm acting aggressive and keeping my shorts. I'm going a little bit crazy here and looking to short again. I'm watching price action , either wait for 161.00 and then add shorts or if prices show weakness again.
I like shorts here back to the 158 area. Looking at UJ on the 30M and possible head and shoulders there too before a temp bounce back up
  • #1,886
  • Mar 2, 2016 10:44am Mar 2, 2016 10:44am
Quoting raiders
{quote} I like shorts here back to the 158 area. Looking at UJ on the 30M and possible head and shoulders there too before a temp bounce back up
I might agree that UJ price action looks down for me, but I don't put much onto H&S formations. Anyway as I said earlier traders takes trades for different reasons and that's what provide the challenge and opportunities.
Maybe it is too early to say but I think we might just have seen the High of the week on GJ , GU and maybe UJ, but again that's only my personal opinion.
  • #1,887
  • Mar 2, 2016 12:05pm Mar 2, 2016 12:05pm
Gang,
EUR/USD 4 hr chart -
I am noticing The PA is bouncing off solid support at about 1.0830. I think if it fails to break this support then we are looking at another visit to 1.11. Opinions?
  • #1,888
  • Mar 2, 2016 12:15pm Mar 2, 2016 12:15pm
​The market chewed me up today. Period. Should have stayed away.
  • #1,889
  • Mar 2, 2016 12:20pm Mar 2, 2016 12:20pm
Quoting Forex147
{quote} Well , it is a good question that I humbly answered on the previous page and the ☝🏼️Chart. Prices did penetrate the GJ channel again from the upside. I am just looking for the GU if the major resistance point of 1.4070sh will hold for now or not.

Looks like you were right. Price is going south and breaking the upward trend line. How low will it go though? Ive got resistance on my chart at 159349
  • #1,890
  • Mar 2, 2016 1:38pm Mar 2, 2016 1:38pm
GJ short initiated. Attached chart.
Attached Image (click to enlarge)
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  • #1,891
  • Mar 2, 2016 1:43pm Mar 2, 2016 1:43pm
Quoting RadboneFX
{quote} Looks like you were right. Price is going south and breaking the upward trend line. How low will it go though? Ive got resistance on my chart at 159349
Ofcourse I am always right. 😝Just kiddin.

Well , I'm not sure but I think the 159 - 158.70 area.
I'm keeping my shorts and watching closely coz I know that there is a lot of news coming and the markets can act crazy. The price actions confirm a hard struggle btwn Bulls and Bears.
  • #1,892
  • Mar 2, 2016 1:57pm Mar 2, 2016 1:57pm
Geppy! Where are you? , we have been missing you around here.
  • #1,893
  • Mar 2, 2016 2:00pm Mar 2, 2016 2:00pm
Im looking for 1 more move up in UJ maybe tomorrow or so to the 114.1/114.2 area before i drop the hammer on a short.....so far everything is looking solid though and playing out nicely
  • #1,894
  • Mar 2, 2016 2:09pm Mar 2, 2016 2:09pm
Quoting ag_fx
GJ short initiated. Attached chart. {image}
You are on top of EMA.20 at 159.55, which could act as support. If GJ slips below that, you could have a good ride.
  • #1,895
  • Mar 2, 2016 2:16pm Mar 2, 2016 2:16pm
Quoting timingchain
{quote} You are on top of EMA.20 at 159.55, which could act as support. If GJ slips below that, you could have a good ride.
Some support from the EMAs might come in. But this is a H1 chart. On H4, it seems a better set up. Here it is
Attached Image (click to enlarge)
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  • #1,896
  • Mar 2, 2016 2:23pm Mar 2, 2016 2:23pm
Quoting ag_fx
{quote} Some support from the EMAs might come in. But this is a H1 chart. On H4, it seems a better set up. Here it is {image}
H4 does look better. Good pips to u!
  • #1,897
  • Mar 2, 2016 2:28pm Mar 2, 2016 2:28pm
Quoting Forex147
{quote} I didn't use the triangle ,but I did make the trade . Check photo.😜 {image}
Beautiful trade , price action - takes great nerve to take trades of that size and we should be honoured to have you part of the team
  • #1,898
  • Mar 2, 2016 2:48pm Mar 2, 2016 2:48pm
Quoting Pip-Miner
{quote} Beautiful trade , price action - takes great nerve to take trades of that size and we should be honoured to have you part of the team
oooor.....OOOOR, he is just insanely rich and bored with his life.

btw. life story: I met an Arab guy who wanted to be a trader so bad, to prove to his family he is more than inherited oil fortune.
He was so funny. He would just open a trade as he pleased and then when it was making money he would look at me and say "See?"
When the trade went bad he would just keep it open, even for months. He said "The market will eventually turn". Zero analysis.
His account was so massive it would withstand any drawdown. Funny story, I wonder how he ended up
  • #1,899
  • Mar 2, 2016 3:03pm Mar 2, 2016 3:03pm
Quoting Forex147
Geppy! Where are you? , we have been missing you around here.
I posted some analysis earlier. But it's probably a couple pages back now. Seems like a lot of garbage with people trying to catch small trades.

I'm also extremely busy (as I mentioned the other day). Mrs. Geppy and I have a new puppy, Pippa, and she's a lot of work.

I'm also raising a round of venture capital for my company which is an extremely time consuming process. So I won't be around as much as I normally am.
check out my blog: forexmademillionaire dot com
  • #1,900
  • Mar 2, 2016 3:08pm Mar 2, 2016 3:08pm
Quoting Forex147
{quote} It is alright as long as you have locked some profit into the trade.. Which channel you are talking about? {image}
What ema's or sma's do you use.
Thanks in advance!
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