DislikedI have came to the realization that this particular system is extremely accurate in knowing the next move, but quite lagging in predicting the timing. {image}Ignored
High probability trade setups for day trades and swing trades 4 replies
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DislikedI have came to the realization that this particular system is extremely accurate in knowing the next move, but quite lagging in predicting the timing. {image}Ignored
Disliked{quote} A high probability trade has very little DD...want to see what that looks like? I can show you.Ignored
Disliked{quote} I see your daily DD are almost as big as your winnings lol but a win is a win I guess or is it a gamble? I don't call big DD a high probability set up, do you?Ignored
DislikedHaha, very sweet of you, but thanks I'll pass. However, I do know a couple of people that may be interested... They've been sitting on my Ignore list all alone for quite a while now, I'm sure they will find you entertaining If you mange to fool them into buying what you are offering don't forget to send me a part of the pieIgnored
Disliked{quote} hey jay after last week moves, wat is ur next predict ? do u still hold ur gj trades? do u expect jpy will get strong near future? thanksIgnored
Disliked{quote} Hey mate, I still stand by my bias quite strongly. Friday's move might seem like 'something' if you're looking at lower TFs, but if you look at the bigger picture, it was just a insignificant minor hiccup. Even on the fundamental side, nothing have really changed, it was just talk. I still see JPY strengthening significantly & GBP losing more value. So holding onto my gj shorts is a no brainer from where I stand, I'm even considering adding some more once this upside momentum is lost. Some may argue that there's plenty of opportunity in...Ignored
DislikedThere is only one little thing that is worrying me at the moment. This may sound funny to some, but here goes: As a follow up to the equity curve post made in July (here), you can see that yes history did repeat itself as expected and the DD did reverse very nicely. This time around, however, we are at new equity highs, meaning that if the last 8 months' history is to be taken into account, a new cycle of DD is around the corner. The history...Ignored
Disliked{quote} We did indeed get the DD mentioned above. I have mixed feelings about this. I'm not so happy to have to sit in DD, but I'm glad that history is nicely repeating itself & giving us better market predictability. The DD cycle is starting to look a little predictable, thus giving me a better chance day after day to reduce it for the future & know when to not add to my position. As you can see in the pic below the DD this time has been of a lesser magnitude. The question is, will we be heading a little further down ? or is a new equity high underway?...Ignored
DislikedHey Jay, how is going? CADJPY is nearly there at 77.00, was a nice trade from highs of 80, didn't enter that high thought NZDJPY still long way to go to 72.00, I am still considering to enter or not I played CADCHF from highs of 0.76 to 0.74, close them all today, but still I see 0.73 as next target, have you got any views on this pair? GBPJPY got some short running from 136, closed few today at 135, Didn't play AUDJPY but 76 was clear on the cards, do you see any further move on this pair to the down side? Have you got anything else on your watchlist?...Ignored
DislikedUSDCAD too please! Although deducible from what you said, would be good to get another opinion on it.Ignored
Disliked{quote} GBPJPY: The real big move is going to be in this one! Its no secret that Im heavily short. All my high probability setups signal GBP weakness and JPY strength. Im not looking for 50 or 100 pips on this trade, Im waiting for a 500+ pip moveIgnored
DislikedHope everyone's ready for the next wave of JPY strength. This is going to be good Targets for CADJPY & NZDJPY remain the same (we were just few pips away from the targets last time around, and the market decided to give an extra opportunity for entry) USDJPY to 99.50 again. I expect a larger move to the downside, but I'll have to re-asses once 99.50 gets cleared. AUDJPY first target is 76 , followed directly by 75.81 ; I'll re-assess once those are reached (we are pretty close) GBPJPY once again below 130 Trade smart, watch out for any stop hunt...Ignored