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Forex Made Millionaire Thread for Blog Swing Trades

  • #2,161
  • Mar 8, 2016 3:21am Mar 8, 2016 3:21am
thank you trade your own analysis if you are in loss read a psychology book or something
  • #2,162
  • Mar 8, 2016 3:26am Mar 8, 2016 3:26am
Quoting Pip-Miner
thank you trade your own analysis if you are in loss read a psychology book or something
Haha, well all my positions are on the green , including the EU you challenged me about, again my point was we all share ideas in this thread I guess , we are here to learn from each other and not to show off ....
  • #2,163
  • Mar 8, 2016 3:42am Mar 8, 2016 3:42am
ok sir im buying gold as a hedge to dragon. try not show off - I still want a weekly reprt from you
  • #2,164
  • Mar 8, 2016 3:46am Mar 8, 2016 3:46am
GJ just tested the short term trend line connecting the last two days and rebounded a little, I think it is a good long entry point.
  • #2,165
  • Mar 8, 2016 3:47am Mar 8, 2016 3:47am
just passed 30 % return on gold lol sort an I showing off
  • #2,166
  • Mar 8, 2016 4:05am Mar 8, 2016 4:05am
Quoting Pip-Miner
just passed 30 % return on gold lol sort an I showing off
You could always buy some writing lessons.

Honestly buddy your incessant 'me, me, me' chatter is becoming seriously irritating.
  • #2,167
  • Mar 8, 2016 4:06am Mar 8, 2016 4:06am
Quoting Cybernat
{quote} You could always buy some writing lessons. Honestly buddy your incessant 'me, me, me' chatter is becoming seriously irritating.
I don't have to post here good luck ... fuck you all ...
  • #2,168
  • Mar 8, 2016 4:08am Mar 8, 2016 4:08am
Quoting Pip-Miner
ok sir im buying gold as a hedge to dragon. try not show off - I still want a weekly reprt from you
Well, cool down a little , maybe are a little bit pressured with your trading and hedging, but if you slowly go back to our conversation I neither asked you about your dragon or gold positions, I specifically asked you about your EU position because I wanted to discuss with you the strategy of handling a losing position and the pyramiding , as I noticed there are a lot of new traders here who would like to gain knowledge and sometimes they get biased by our trading decision in contrast to yourself as you mentioned you are a pro.
I'm honoured that you want a weekly report from me, although Geppy is doing that nicely, and I do provide my analysis if it is contrary to his. Regards

Note: I can do this report for you if you are offering me a job.
  • #2,169
  • Mar 8, 2016 4:10am Mar 8, 2016 4:10am
sorry mate .. im out no more posting in this forum Geppy, its over .. sorry man
  • #2,170
  • Mar 8, 2016 4:29am Mar 8, 2016 4:29am
unnecessary conversation...
back to business guys
  • #2,171
  • Mar 8, 2016 4:30am Mar 8, 2016 4:30am
Quoting Forex147
GJ just tested the short term trend line connecting the last two days and rebounded a little, I think it is a good long entry point.

I'm with you. Long @ 16053
  • #2,172
  • Mar 8, 2016 5:10am Mar 8, 2016 5:10am
I dont trade this way....But I like this thread. ..Congrats Geppy and contributors.
GJ long isnt a bad idea...not far off the bottom of the channel anyway..which always gives hope..
Im just long on usdchf at the mo....Which I dont think you trade here....Im waiting for the xcross to kick in on daily...
Best wishes all...
  • #2,173
  • Mar 8, 2016 5:27am Mar 8, 2016 5:27am
Quoting Forex147
{quote} Well, cool down a little , maybe are a little bit pressured with your trading and hedging, but if you slowly go back to our conversation I neither asked you about your dragon or gold positions, I specifically asked you about your EU position because I wanted to discuss with you the strategy of handling a losing position and the pyramiding , as I noticed there are a lot of new traders here who would like to gain knowledge and sometimes they get biased by our trading decision in contrast to yourself as you mentioned you are a pro. I'm honoured...
What can you do, some people just don't get it. Just keep on keepin on.
  • #2,174
  • Edited 6:05am Mar 8, 2016 5:47am | Edited 6:05am
Quoting Forex147
{quote} You already said it, EU defeated the resistance , so either you join my club of EU longers or stand aside and wait for the ECB announcement on Thursday. Note: prices are testing the 200 day MA, so watch closely.
Here's my thoughts on EU. I'm Lookin at a short on this pair with the current PA. Not really a convicted short, this is more of an opportunity short. In other words, a chance at a very low risk high reward trade.

Attached Image (click to enlarge)
Click to Enlarge Name: EU2016.03.08.png Size: 128 KB


Weekly: It's in the middle of the 2015 channel!

Daily: Its in the middle of a channel. Since this looks like a a pullback in a down trend starting from mid Feb, i feel like this is a good place to short if you wanna short targeting 1.07

Hourly: 2 angled trend lines, 1 break. The way price has rejected from 1.04 (nfp high), it makes a good case for a low risk short. This could be the high of a new channel. Who knows.
  • #2,175
  • Mar 8, 2016 6:45am Mar 8, 2016 6:45am
Quoting BGETrading
I can't see GBPJPY hitting the daily fib target around 164, it didn't manage to make a higher high and take out the price action from the 4th March and a nasty looking double top is potential forming. I tightened my stop overnight so didn't lose out in the end, frustrating to see all that profit disappear! But that's forex trading. Nevertheless if this top materialises we could see a nice move down! {image}
There she goes, lovely break - I personally cannot see how people still think this has legs to go up or looks like a good buy
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 99 KB
  • #2,176
  • Mar 8, 2016 7:02am Mar 8, 2016 7:02am
Update? GJ isn't really looking long anymore. What are the chances that retrace ended on Mar 4?
  • #2,177
  • Mar 8, 2016 7:10am Mar 8, 2016 7:10am
hoping to get my order filled on usd/jpy, got some filled. main is 112.60
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY H4 (03-08-2016 1007).png Size: 90 KB
  • #2,178
  • Mar 8, 2016 7:14am Mar 8, 2016 7:14am
Quoting Rurozan
Update? GJ isn't really looking long anymore. What are the chances that retrace ended on Mar 4?
For me the upmove is done, its double topped and failed to take the 4th march. Its a sell - atleast until it hits the bottom trend line, then it gets interesting. (my opinion)
  • #2,179
  • Mar 8, 2016 7:59am Mar 8, 2016 7:59am
u/j smaller time frame candles dont look good for longs at the moment. looks like were heading sub 112's unless we get a rejection candle
  • #2,180
  • Mar 8, 2016 8:03am Mar 8, 2016 8:03am
Quoting Rurozan
Update? GJ isn't really looking long anymore. What are the chances that retrace ended on Mar 4?
We cannot confirm that the up move is over, although I believe it went south opposite to what most of us expected. GJ just tested the .38 filo of the up move . Technically GJ is still in uptrend as long as the TL is intact. It lies near the 50 % fibo 159, 158-80 area. My advise for non aggressive traders to stand aside and wait till the picture is more clear.
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