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Thread: GBP and JPY Pairs

  1. #72451
    jogold18's Avatar
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    Quote Originally Posted by banison View Post
    Odds are that we go higher. As it's been pointed out in previous posts, entry should be above the resistance.
    yesterday banison posted this chart pattern which was supposed to break up which i was expecting too. but hey, the forex is full of surprises it failed horribly.

    but i got USDOLLOR chart, and i say we break up with this one. i read somewhere yesterday in some magazine that "the dollor is going to TANK".......... what i learnt about this analysis, is when you got news/articles/opinions calling for something to tank, blow off or the like, your bets should be in the game for the flip side. you should be buying not selling.

    just my 2 cent.
    รูป รูป  
    Ikee likes this.

  2. #72452
    Samuel32 is offline Registered User
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    Smile Guys

    Hey guys am new to this can someone please guide me???
    Thanks

  3. #72453
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    Quote Originally Posted by Samuel32 View Post
    Hey guys am new to this can someone please guide me???
    Thanks
    Welcome Samuel - you just throw up some analysis on the pair and enjoy the ride. If you mean new to trading, then there is a 'newbie' site in the menu to have a look at as well.

  4. #72454
    Luxuriant is offline Member
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    Looking bad tonite for the bulls

    Clive I love you Bro. But longs look risky. Premarket S&P down below 1400. Sell off after the FMOC. It may take the non farm payroll, and other US data to reverse course. Possible buyers may jump in the S&P 500 in the morning. Going to stay short through the Euro stock markets. 1.30, 1.2975 may be the line in the sand. If non farm payroll is under 200,000 on Friday it may drive the pair down to that 1.30 range.

  5. #72455
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    Quote Originally Posted by Luxuriant View Post
    Clive I love you Bro. But longs look risky. Premarket S&P down below 1400. Sell off after the FMOC. It may take the non farm payroll, and other US data to reverse course. Possible buyers may jump in the S&P 500 in the morning. Going to stay short through the Euro stock markets. 1.30, 1.2975 may be the line in the sand. If non farm payroll is under 200,000 on Friday it may drive the pair down to that 1.30 range.
    Thanks Luxuriant - I can always cover short - this works out very well for me, albeit I can lose a little time. I am very used to fading these days and hope for more downside here rather than stress about it. Daily pivot or somewhere close is my target and hoping it gets there today.

    All that love!
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  6. #72456
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    Quote Originally Posted by soly1 View Post
    I will talk to you today about one of the best forex money management companies
    It is eurfxusd
    EURFXUSD.ORG , has a lot of properties
    1- It is a 100 % real human trading, has 24 hours supporting in 7 languages
    2- It has more than 3 years old in forex market
    3- It shows a 3 years statements on their site for a lot of accounts of its clients in different brokers to show its abilities and performance through the 3 years
    4- It gets 39 % the profit made by the company, so they never charge you any $ unless they make a lot of profit
    5- they guarantee refunding of 50 % of the loss in case of loss, please be aware as if you want to be included in the refund offer you should tell them about that as there is a contract for this refund offer

    In real , EURFXUSD has a lot of advantages but i think the advantages i told before is enough for now
    Best wishes
    How about some analysis on the EURUSD????????

    This quote is from the site "So the client does not have to do anything, except checking his account at the end of the day and see that his balance registered profit, then pay us" - not sure there are many here going through all our mutual growing pains so we can trust someone else to do what we have probably learnt the hard way can not be done by other people. Is it me????
    Last edited by Clivewaverider; 04-04-2012 at 06:59 AM.
    cw1, jogold18 and Paul Chin like this.

  7. #72457
    vnkingfx is offline Member
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    buy dip now eur/usd 1316x- 1317x t/p 13211!

  8. #72458
    Luxuriant is offline Member
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    Quote Originally Posted by Samuel32 View Post
    Hey guys am new to this can someone please guide me???
    Thanks
    Please use a practice account 1st. Learn about charts. Dont use real money! You will lose it. Watch all the learning videos you can before you start using your real money!!!! Peace

    Edit: Some good books out there about trading currency. If you trade based on post here that you don't understand, or think you may understand. Odds are you will lose your money.
    Last edited by Luxuriant; 04-04-2012 at 07:24 AM.

  9. #72459
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    Quote Originally Posted by Samuel32 View Post
    Hey guys am new to this can someone please guide me???
    Thanks
    babypips.com. thats where i tell everyone to start from.
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  10. #72460
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    cw1
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    4hrs

    indies suggest could just blindly go long now at 3160

    as the 4 hr indie at bottom of chart is over sold and is also looking to turn

    indeed 3114 also i see as very imp buy area too

    Divergence to play out too
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    Take your profits or the market will take it from you....

  11. #72461
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    Lightbulb quick charts.....

    30 min: lookin for a rise from here 3160 to 3185-97 the upper t.l of the bearish channel then fall back down, once broekn below then next support is 3130. expectin a max touch to this level before rise, but then 3160 support will be resistance n i doubt any significant move up, a max move up to3200 area then fall back down is wht i expect.
    once below 3130 i ve 3115 as minor support then look for 3060 touch for the day.

    Gud Luck ALL n Happy trading
    ~ chaudhry ~
    รูปขนาดเล็ก รูปขนาดเล็ก GBP and JPY Pairs-4-4-2012-6-16-24-pm-eu-4hr.jpg  

    รูป รูป  
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    PLAN YOUR TRADE n TRADE YOUR PLAN

  12. #72462
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    Quote Originally Posted by jogold18 View Post
    yesterday banison posted this chart pattern which was supposed to break up which i was expecting too. but hey, the forex is full of surprises it failed horribly.
    The pattern failed, however we have no loss. The strategy was to buy on a breakout to the upside. It depends on an individual's strategy. The trend was up and I was only looking to buy. In the long run, I generate profit, which is more important than missing couple of pips.
    In life, and in trading too, as Alejandro said once in his presentation, we only want to develop good habits. "All bets are off" results in creating a habit which in trading may and will be fatal.
    I think we're doing pretty good here.
    AV1 likes this.
    In order to make a profit, learn first how to take the loss.

  13. #72463
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    Quote Originally Posted by Luxuriant View Post
    Please use a practice account 1st. Learn about charts. Dont use real money! You will lose it. Watch all the learning videos you can before you start using your real money!!!! Peace

    Edit: Some good books out there about trading currency. If you trade based on post here that you don't understand, or think you may understand. Odds are you will lose your money.
    I agree with all the suggestions given here. I would differ on using practice account (Don't frown yet ). Check with Oanda.com. They allow you to open an account of size even less than $100 and you can use the lot size of your own choice. My advice to you would be to open a live account and start trading (with the knowledge you have and keep on learning) with the lot size of between $1 - $100. This will help you to realize your emotional personality and many other aspects. and the losses would not hurt you badly either.
    And another advice I can share is track your profit/loss in pips rather than in $s. Once you are consistent with pip scoring, you can vary the lot size anytime to reach your profit goal.

    Cheers.
    Ikee likes this.
    Market is like ocean, you can not control it, but you can always adjust your sail.

  14. #72464
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    eurusd gbpusd audusd eujpy gbpjpy usdjpy i'm waiting do rectracement in 15M chart for re entry sell/short
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  15. #72465
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    bought gold 30 min divergence

    1622 im in long
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    Take your profits or the market will take it from you....

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