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I challenge my self to withdraw profit every month ( GBP/JPY)

  • #21
  • Jul 25, 2016 3:19am Jul 25, 2016 3:19am
Flies, if you do not immediately fly then I will swallow you alive.
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  • #22
  • Jul 25, 2016 8:18pm Jul 25, 2016 8:18pm
Quoting Cm7
Hello fellow traders, Candle formations pointing downwards, caution for those who are buying. If this was Friday, I would have been sold. {image}
Whoa I oversleep. Yesterday I had expected gj will fall. now the price is already in s3. I will entry after the market make correction to s1.
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  • #23
  • Jul 25, 2016 9:13pm Jul 25, 2016 9:13pm
Hello fellow traders,

Actually, the best place to entry today for day traders is around pivot. So if the entry is done under the Pivot 30 pips for example, then it can be tolerated because the stop loss is 100 pips. Take a look at the H1 chart below, the target is S3.
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  • #24
  • Jul 25, 2016 9:30pm Jul 25, 2016 9:30pm
Never sell at S3, if indeed your fingers already itching to squeeze the mouse, then you should take a scalp buy position with a target around 38.2 fibo 137.900. But it is much better to wait for prices to return to S1 and then open short position. Hopefully we'll get to 130,000 this week.
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  • #25
  • Jul 25, 2016 10:13pm Jul 25, 2016 10:13pm
I'll give a basic lesson for friends who want to trade daily. This strategy is only valid for the GBP/JPY so do not try to use it in IDR/JPY pair, definitely will not work.
  • #26
  • Jul 25, 2016 10:26pm Jul 25, 2016 10:26pm
Lessons #1

Tell yourself that you will become day trader who do not need to be bothered to analyze a wide variety of indicators and only open one position every day if the market conditions allow for it.

By opening one position per day then you will not panic when you see the price move up and down.
  • #27
  • Jul 25, 2016 10:42pm Jul 25, 2016 10:42pm
Lesson #2

If the market in New York last night showed a negative trend, then be prepared to open short positions after the Tokyo market opened. Try to sell around Pivot or if it possible entry a little bit above it or slightly below it.

Don't forget that your Stop loss is 100 pips and target between 180 to 300 pips.
  • #28
  • Jul 25, 2016 10:55pm Jul 25, 2016 10:55pm
Lesson #3

It turned out that losing is inevitable but should be accepted as part of the daily transactions. Please study the chart below and thank you for your attention.
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  • #29
  • Jul 26, 2016 9:58pm Jul 26, 2016 9:58pm
All indicators requested early retirement. so I fired them all.


Sell GJ from 137,405 slightly below Pivot
Target is 300 pips @134,405
Stop action @ 138,405
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  • #30
  • Jul 26, 2016 10:07pm Jul 26, 2016 10:07pm
Quoting Cm7
All indicators requested early retirement. so I fired them all. Sell GJ from 137,405 slightly below Pivot Target is 300 pips @134,405 Stop action @ 138,405 {image}

Stop action has been crushed - $ 18,96
  • #31
  • Jul 28, 2016 1:54pm Jul 28, 2016 1:54pm
Aku ra popo , semangat om...
If you like my post throw me a Doge: D9eyP5TFYGDaN1JpjyU4jaU9ypg2wUk8Zp
  • #32
  • Jul 28, 2016 8:59pm Jul 28, 2016 8:59pm
Quoting domba
Aku ra popo , semangat om...
Hahaha oke oke semangat coy, keep up your spirit bro
  • #33
  • Jul 28, 2016 9:02pm Jul 28, 2016 9:02pm
Sell 138,340
Target is 200 pips @136,400
Stop action 139,340
  • #34
  • Edited 10:25pm Jul 28, 2016 9:08pm | Edited 10:25pm
Quoting Cm7
Sell 138,340 Target is 200 pips @136,400 Stop action 139,340
Mission has just accomplished
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  • #35
  • Jul 28, 2016 9:22pm Jul 28, 2016 9:22pm
Daily chart is already providing a good signal , so I will check Pivot point in h1 to define the target.
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  • #36
  • Jul 28, 2016 9:36pm Jul 28, 2016 9:36pm
Prices had gone down to S3 this morning, then what will I do now?
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  • #37
  • Jul 28, 2016 10:05pm Jul 28, 2016 10:05pm
Actually, the best place for entry is 138.010, target is S3 (136,400) as my previous target and if S3 breaks then the price could fall to 133.500. Nevertheless I will wait for the results of the "Monetary Policy Statement" before I open a new trade.

Take a look , the price is now sitting on my entry point
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  • #38
  • Jul 28, 2016 10:36pm Jul 28, 2016 10:36pm
Open EJ target 120.96
If you like my post throw me a Doge: D9eyP5TFYGDaN1JpjyU4jaU9ypg2wUk8Zp
  • #39
  • Jul 30, 2016 12:43am Jul 30, 2016 12:43am
Quoting domba
Open EJ target 120.96
Gue ga kaget bro , smangat
  • #40
  • Jul 30, 2016 1:28am Jul 30, 2016 1:28am
Actually there were 9 opportunities for entry during the month of July 2016. Losing three times and won six times.
With the calculation of entry 30% of capital (initial capital $ 100) then the capital should become $ 1.167 by the end of July 2016 and it's possible for me to withdraw around $800 .

Have a look at this chart,
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