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Forex Made Millionaire Thread for Blog Swing Trades

  • #1,941
  • Mar 3, 2016 2:07am Mar 3, 2016 2:07am
short u/j 114.15 stop 114.32 targets 112.95 and 112.60.

placing an entry order to short usd/cad 135.10 stop 135.60 tp open (hoping for 133) thought we were gonna get there yesterday morning for inventory data but price stalled out 134.97 , maybe today it will come.
  • #1,942
  • Mar 3, 2016 2:33am Mar 3, 2016 2:33am
u/j 113.54ish should be some support there, might bounce us back up some.
  • #1,943
  • Mar 3, 2016 2:38am Mar 3, 2016 2:38am
​of the 2 fibs I have drawn for GJ, price has been hovering around the 50% of the smaller for about 20 hours and has now just passed down through it
  • #1,944
  • Mar 3, 2016 2:55am Mar 3, 2016 2:55am
SEXY
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  • #1,945
  • Mar 3, 2016 3:00am Mar 3, 2016 3:00am
beautiful dragon retrace
  • #1,946
  • Mar 3, 2016 3:48am Mar 3, 2016 3:48am
Morning.
Jumping on the dragon with that retrace.
GJ - LONG:
E 160
T 162.0,
SL159.38

Fingers crossed.
  • #1,947
  • Mar 3, 2016 6:24am Mar 3, 2016 6:24am
EU has finally managed to get back through that strong level of resistance, will be interesting to see what it does for the rest of the day. Not keen for holding a position into Non-farm day though.
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  • #1,948
  • Mar 3, 2016 6:26am Mar 3, 2016 6:26am
In an ascending triangle
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  • #1,949
  • Mar 3, 2016 6:27am Mar 3, 2016 6:27am
Quoting SulikFXer
Morning. Jumping on the dragon with that retrace. GJ - LONG: E 160 T 162.0, SL159.38 Fingers crossed.
Sulikfxer - like the style
  • #1,950
  • Mar 3, 2016 6:43am Mar 3, 2016 6:43am
Perhaps I'm mistaken but it looks to me like GBP/JPY is in a wedge narrowing between 160.00 and 160.50. I wouldn't be confident putting my bets on which side it may break out of.
  • #1,951
  • Mar 3, 2016 6:47am Mar 3, 2016 6:47am
Quoting Monteverde
Perhaps I'm mistaken but it looks to me like GBP/JPY is in a wedge narrowing between 160.00 and 160.50. I wouldn't be confident putting my bets on which side it may break out of.
I agree. 1h chart showing some bearishness. Just seems like a gamble going long or short to me.
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  • #1,952
  • Mar 3, 2016 6:56am Mar 3, 2016 6:56am
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.
Nice one, exactly 161.00 .
  • #1,953
  • Mar 3, 2016 6:59am Mar 3, 2016 6:59am
Quoting Forex147
{quote} Nice one, exactly 161.00 .
Wrong! 161.015
  • #1,954
  • Mar 3, 2016 7:09am Mar 3, 2016 7:09am
Quoting Bill618
{quote} Wrong! 161.015
Haha , it shows 161.003 on my system. It must be my broker robbing me.
  • #1,955
  • Mar 3, 2016 7:15am Mar 3, 2016 7:15am
Quoting Forex147
{quote} Haha , it shows 161.003 on my system. It must be my broker robbing me.
.
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  • #1,956
  • Mar 3, 2016 7:23am Mar 3, 2016 7:23am
Quoting Bill618
{quote} . {image}
I think then my target for shorting the dragon was good but not perfect, as I miss a pip.
  • #1,957
  • Mar 3, 2016 7:26am Mar 3, 2016 7:26am
Closing in on the lows of the retrace, but I still think it was a coin flip. I hope to be a better trader one day but I just don't see how anyone could have known which way that was going to break out other than a few very light bearish signals as it worked through the wedge.
  • #1,958
  • Mar 3, 2016 7:33am Mar 3, 2016 7:33am
Good place to short around 16100? Looks like we are at the top of the channel?

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  • #1,959
  • Mar 3, 2016 7:36am Mar 3, 2016 7:36am
Quoting Monteverde
Closing in on the lows of the retrace, but I still think it was a coin flip. I hope to be a better trader one day but I just don't see how anyone could have known which way that was going to break out other than a few very light bearish signals as it worked through the wedge.
161.00 was my target from yesterday, based on my analysis and definitely not coin flipping, but I also mentioned previously that there will be bull bear fight , and a lot of ups and downs. Prices still in the range.
  • #1,960
  • Mar 3, 2016 7:40am Mar 3, 2016 7:40am
Quoting RadboneFX
Good place to short around 16100? Looks like we are at the top of the channel? {image}
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