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Attachments: An effective strategy and account with stable profit!
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An effective strategy and account with stable profit!

Forecast on USD / JPY.

My prediction last week partially materialized and now the movement is likely to continue down to the level of 99,586. But we must take into account that if the price will fall, it will withstand the levels of support that can be determined using Fibonacci grid.
Second variant: Now if the wave 1 and 2. In this case, the level of 104,420 may be broken. In this case, the next level will be 107,457 - it will be a wave 3 and 4. And the last point will be the completion of wave 5 to 110,812 resistance level.
Thus it is formed 5 Elliot waves.

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E / U.
You can follow the forecast, which I posted earlier. Because it is still likely to increase prices in a downtrend. In addition, I can say that the second wave analysis indicates a buy signal.
But again, you need to also be careful. Because according to the Fibonacci grid, price breaks the level of 38.2, which means that soon likely to achieve 23.6

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EUR / USD pulled back up. I will observe, whether the bulls can take the situation under control.
USD / JPY continues to climb up the uptrend. Let's see what will be at the level of 104,420.
Here are my latest trades:

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My forecast for the coming days:
At a later time, it can be seen that the NFP does not have a specific orientation. We are seeing a movement in one direction and in the opposite direction with high volatility. But the price does not change by a significant amount after the NFP. Other words NFP affect the overall picture in the market is much smaller. It's my opinion.

EUR/USD While I was writing the forecast, the movement has already begun. I think that the movement should continue in accordance with the trend. Wave 5 is a continuation of growth. Wave 4 now is formed.

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USD / JPY was currently at 50 Fibo. This level can play a significant role in this area occur frequently market reversals.
According to the wave analysis, we can see that it is now possible wave 5 is completed and then we can expect the correction A-B. At the same time, there is an option that now wave 5 is not yet complete and will continue to move down, according to the trend. Then you can sell.
If there is a break of the trend, the more likely it will be the momentum up. Therefore, I advise you to restrict trade sl and tp.

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And i have news for you. I have loaded my system on forexfactory. http://www.forexfactory.com/denforex#acct.56
Quoting DenForex
And i have news for you. I have loaded my system on forexfactory. http://www.forexfactory.com/denforex#acct.56
Great news Den, thanks
Quoting DenForex
And i have news for you. I have loaded my system on forexfactory. http://www.forexfactory.com/denforex#acct.56
This is what people should aim for yet so few people actually achieve. I'm impressed you've gotten this far since 2014.
You have my respect.
Dear Den

Thank you very much for your sharing.

Your trading results are awesome!

You have my respect too!
Quoting DenForex
And i have news for you. I have loaded my system on forexfactory. http://www.forexfactory.com/denforex#acct.56

Great Deal
Super Mind set and stand against the stress and holding
Thx for information!

Good luck mate!
imdi
Thanks guys! Your support - it's important for me. It is helps me to be resistant to stress!
Good luck and have a good day!
Quoting LawKin
Ok. I am understand. It looks impressive. But, you write about sl... What you think about trailing stop. It is very reliable tool to avoid loss. And using pending orders on news helps to get some profit.
Trailing stop loss is cool. Most times rather than just set a fixed stop loss,I prefer using a more flexible risk management technique like trailing stop loss. You don't get stopped too harshly.
Nice UJ analysis bro. Its always that way nothing more nothing less.weldone..
Hi Master DEN, lucky to find your journal....a lot of inspiration for us NEW Traders..
I will follow you if you would allow me..
just recently studied Elliot Wave..
Would you mind if you can have some comments below my EURJPY??
Sorry for NEWBIE question...I'm just very eager to learn..
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Hi Den

I just thought about your VERY BIG lots sizes you trades.. which is really amazing...

by the way, would mind if I ask you what benefits or return you get from your broker - Accenforex - gives you for big trader like you?

I am with pepperstone they charge 7$ per lot as commission.... how about you?

by the way when i check you trade in forex factory - http://www.forexfactory.com/denforex - when i check you chart in there i see... some time you trade open price or close price bit far away from the forex factory chart option. does that mean Accentforex has bit high spread cgare in time to time as hidden way?

anyway, good luck for your great gains and holding bit stress when trade with BIG LOT! i think you are the biggest here in forex factory showing the trade history in live account.


regards
imdi
Quoting mlperlas
Hi Master DEN, lucky to find your journal....a lot of inspiration for us NEW Traders.. I will follow you if you would allow me.. just recently studied Elliot Wave.. Would you mind if you can have some comments below my EURJPY?? Sorry for NEWBIE question...I'm just very eager to learn.. {image}
Thank you.
I can say that here you can select 2 levels. Support and Resistance. Now the price is moving between them.
In this situation, you can to put the pending orders to buy above resistance and below support for sale.
Forecasting that when price to break the the level is difficult.
Therefore, defaul I predict that the price will continue to move in two levels and go down. But perhaps in the near future, the level of 116,137 will be punched. In this case, if you put a pending order, you can earn.

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Quoting imdisaait
Hi Den I just thought about your VERY BIG lots sizes you trades.. which is really amazing... by the way, would mind if I ask you what benefits or return you get from your broker - Accenforex - gives you for big trader like you? I am with pepperstone they charge 7$ per lot as commission.... how about you? by the way when i check you trade in forex factory - http://www.forexfactory.com/denforex - when i check you chart in there i see... some time you trade open price or close price bit far away from the forex factory chart option. does...
Thank you for your evaluation. I would be happy to participate in the discussion.
Amount of lots depends on the size of the account.
You can open a small amount of lots and earn $ 500 per trade.
But such income is not satisfied with my investors, they expect from me a worthy percentage of the profits.
I would also like to note that the commissions per lot, which I pay equal to $5 instead of $7
I also have great respect for your broker and appreciate your attempt advertising :-) haha
If it is I want to note that this thread is intended for analysis and forecasting. In the future, I will be sincerely glad to hear from the Island in this branch are your options for your market analysis and forecast currency movement.

Have a good day!
you have $500k in an unregulated broker with no mailing address.
Quoting DenForex
{quote} Thank you for your evaluation. I would be happy to participate in the discussion. Amount of lots depends on the size of the account. You can open a small amount of lots and earn $ 500 per trade. But such income is not satisfied with my investors, they expect from me a worthy percentage of the profits. I would also like to note that the commissions per lot, which I pay equal to $5 instead of $7 I also have great respect for your broker and appreciate your attempt advertising :-) haha If it is I want to note that this thread is intended for...

Hi Den

Thx for reply!
I never intended to advertise my broker, by the way I was searching much better broker who charge less than $7/- per lot......
Now a days peppersstone is not much quick, do not know why? but it was god earlier, may be due to US election and busy.....
do not know realy.
Anyway, I am sure you are getting best and doing with your broker.
thats good to hear.
GL
imdi
Quoting DenForex
{quote} Thank you. I can say that here you can select 2 levels. Support and Resistance. Now the price is moving between them. In this situation, you can to put the pending orders to buy above resistance and below support for sale. Forecasting that when price to break the the level is difficult. Therefore, defaul I predict that the price will continue to move in two levels and go down. But perhaps in the near future, the level of 116,137 will be punched. In this case, if you put a pending order, you can earn. {image}

Hi Master DEN, thanks for the comment, looking forward to share some of your ideas and technicals..
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