jorel1:
hmm, still creepy ..you are only using my post as a medium to showcase your results you are quite so predictable dude

Pipsbasketing:

I know you hate to see someone making heads
I know you hate to see good results...........but
By the time I blow and then daze your ass with results, you will learn to keep calm, listen and learn.
My return in a week, none of your banks in your so called SWISS will give you as interest even in 10 years, whether on your fixed deposit or whatever you may want to call it...Even your so-called MMM will never provide you in a month.........
Give alert and stop looking for my troubles
Because, if I start with you, you may have to go for a check.

drbashfx:


Bro you have been doing well on this thread , don't let a man move you into the zone where you start getting boastful. You have paid your dues ,you don't need any man's validation . Nice basket you have up there.
Life's balance is maintained by protagonists and antagonists .

Feshizzy:
@ JLINE Could you help me reverse engineer the algorithm of a fibo,
I am a complete noob to the fibs family,
I understand you have been very busy of late.
I would be nice of you, if you could do that,

I only have the charts to show,
I believe it has to do with some calculations

Here are some charts,

[img]http://www.forexfactory.com/attachment.php?attachmentid=1947159[/img]
[img]http://www.forexfactory.com/attachment.php?attachmentid=1947189[/img]
[img]http://www.forexfactory.com/attachment.php?attachmentid=1966327[/img]

Thanks,

Regards

EF

Pipsbasketing:
I have avoided you here many many times, but you keep pushing me, you keep making a sarcastic reference to me.

Not only that, you have quoted me several times, that I despised.

You have waited since eternity to see my downfall, so you may finally come out to people here that you have warned many traders that trading your own way is the best (i.e trading single pair)........but btw, for anyone who does not trade your single pair, does that mean he is wrong?

To a point you quoted in one of your posts here

So you are actually counting.......waiting for my downfall? Please, do away with me and let peace reign in the house OR I say again, I walk away for you.

Capitals:

Stop loss hit, 150pts gone. Will yet stalk the pair and other GBP pairs for a buy

iheanyiebeneze:

GBP/USD focused on 1.22 on a close below 1.2707/50 – Commerzbank

4 October 2016, 10:34




Karen Jones, Head of FICC Technical Analysis Research at Commerzbank, suggested Cable could shift their attention to 1.22 on a close below the 1.2797/50 band.

jorel1:
actually , if you and someone here misinterpreted my my message as waiting for your downfall then it shows how dirty your mind is waiting for others downfall and thats why you would think everyone else has this kind of creepy mindset , the downfall you so wish for will be your own making not mine .. when you bullied me sarcastically in the past , i guess it was okay for u , criticized everyone with linked forex explorer, .... have a taste of your own medicine.. you don't just eraze your past and come out suddenly like some saint telling everyone about your good personalities , reputation.or running police background checks on others like you are most righteous..
please

Moneyyy:
Bet no one saw it coming with pounds. Crazy market. That's why I always set what I call a support trade

harizonal123:
Been watching from the side line and I decided to test some new philosophy I am not used to. So I opened a demo account with 10k last night lo & behold only to wake up this morning, I found that my basket is full

Pipsbasketing:
Good work bro,

It would have been better you do it on a more realistic demo capital (i.e. what you wish to trade live with), so you can experience how your equity and margin level will react to your basket loads........

With right lot, and you actually survive it for months.....then you are good to go.

harizonal123:

Ok sir, I will open another one of 1k

Pipsbasketing:
Excellent,

So what leverage does your broker provide, so we can discuss the reasonable lot and maximum no. of pairs to load a basket with.

By doing this, you can hit chest on your account survival (till eternity)

Shevychen2:


That's the realest truth about this business. But you'll be surprised how many people don't care about these calculations. I remember being mocked for saying I risked 3% on a trade (has since been reduced to 2% as my broker forced me back to 1:200 leverage max). Imagine how those that use any lot size that comes to their mind or put 15-30% on one trade will be feeling this morning. Even stoplosses could be bypassed in such events. Even if you are sat on your computer 24 hours of the day, the brokers normally freeze platforms within seconds of such moves. You can't even close manually.

Black swan events like this will always happen. I have seen it 3 times in the last 4 years and more will happen. In the other ones, there was clear explanations. Almost 6 hours after and no one has given a tangible reason for this one (Francoise Hollande's comment doesn't mean anything).

Those that don't have ears will learn from their own mistakes.

A lot of traders have been rendered bankrupt with a 500 pips spike in 15 mins, reminds me of January 15 Swiss Franc Black Swan. On the other hand some traders have equally doubled their accounts,especially for those who left TP open on GBP trades. Like u said Sir,Those that don't have ears will learn from their own mistakes.
LESSON: This event has not be explained yet. Mr. Market has no respect for anyone.

Shevychen2:


That's the realest truth about this business. But you'll be surprised how many people don't care about these calculations. I remember being mocked for saying I risked 3% on a trade (has since been reduced to 2% as my broker forced me back to 1:200 leverage max). Imagine how those that use any lot size that comes to their mind or put 15-30% on one trade will be feeling this morning. Even stoplosses could be bypassed in such events. Even if you are sat on your computer 24 hours of the day, the brokers normally freeze platforms within seconds of such moves. You can't even close manually.

Black swan events like this will always happen. I have seen it 3 times in the last 4 years and more will happen. In the other ones, there was clear explanations. Almost 6 hours after and no one has given a tangible reason for this one (Francoise Hollande's comment doesn't mean anything).

Those that don't have ears will learn from their own mistakes.

Shevychen2:


That's the realest truth about this business. But you'll be surprised how many people don't care about these calculations. I remember being mocked for saying I risked 3% on a trade (has since been reduced to 2% as my broker forced me back to 1:200 leverage max). Imagine how those that use any lot size that comes to their mind or put 15-30% on one trade will be feeling this morning. Even stoplosses could be bypassed in such events. Even if you are sat on your computer 24 hours of the day, the brokers normally freeze platforms within seconds of such moves. You can't even close manually.

Black swan events like this will always happen. I have seen it 3 times in the last 4 years and more will happen. In the other ones, there was clear explanations. Almost 6 hours after and no one has given a tangible reason for this one (Francoise Hollande's comment doesn't mean anything).

Those that don't have ears will learn from their own mistakes.

priceaction:
eVERYONE TRADING BUY ON GU should be really careful. If today bar dont end up in pinbar, expect a free fall and those want to join in free fall should do so carefully. As it stands now, it may be free fall until mama calls through out this month. Breaking monthly resistance like this is not common. it will be jumping down.
Reason: It has broken daily, weekly, and all mighty monthly resistance by 35pips as am typing now, and still going strong. So expect a likely free fall if the trend continues as it stand. Above all, trade carefully.

Many people are saying unusual things. If you know the act of forex manipulations, you should likely know what to expect. This was the reason i said early. When pair broke monthly chart like that with full force and it doesnt end in pin bar, expect the worse of that pair. i know this will likely hapen but dont know to what extent. Be careful to sell at this point. The are traps again.

priceaction:
EVERYONE TRADING BUY ON GU should be really careful. If today bar dont end up in pinbar, expect a free fall and those want to join in free fall should do so carefully. As it stands now, it may be free fall until mama calls through out this month. Breaking monthly resistance like this is not common. it will be jumping down.
Reason: It has broken daily, weekly, and all mighty monthly resistance by 35pips as am typing now, and still going strong. So expect a likely free fall if the trend continues as it stand. Above all, trade carefully.

cardinal1:
Pls @ pipbasketing, I am learning to trade swing on daily tf. Somebody update his basket and I noticed he didn't wait for swing high or low. What is ur input. Would u enter an already moving trend which May b far gone buh u didn't catch on tym or do u rather wait for swing highs and lows. Tnx

JLINE:

what you have on your chart looks like a fibo indicator that automatically draws those zone on your chart unlike mine which is drawn manually.
am i right ? if i am,i don't have any idea about coding a fibo you will have to look for coders maybe in ff.

olly12:
Well after three weeks of blockade from posting on NL i wonder what have done wrong to seun to warrant this. Anyways thats by the way. For those of you that know me you know the the interest i picked from trading this market for the last 10years.

I waant to tell you that after this long time in the market i finally have what it takes to read the price in the best way, with combination of tools that will makie decision making easy and less stressfull.

Nothing is sure in the market not fib not Bb not ATR nor stochastic i bet it nothing but price. Price is the key. i will take my time to share some chart here and after that i will teach you how to do the same thing free of charge. I bet it you will not pay a dime for this not a kobo. directly or indirectly. Thanks

I am making hell pips out of the pairs

priceaction:

many traders always give less attention to monthly chart. that should be the basis of your weekly/daily analysis. Nothing less. That is where money is loss and gain the most because the shakers and movers know where the levels to push markets are. i heard of a japanese granma that trades only on monthly charts, and trade just 2-6 times yearly. Let the basics of your long term trading ginger alsoby what is happeneing on monthly charts. Its resistance /support/ breakouts is highly respected much to move pairs crazy. @pipsbasketing will testify

Capitals:


Wowwww, Thank God for confirmation triggers . Would have been massively on the wrong side of this move. over 700pts against my core bias?

Well done pipsbasket, you pointed this out in gbpchf the other day.

Pipsbasketing:
This is my logic of swing trading.......I had to do some word figures to explain in detail
In a particular trend (either up or down), there are always many swings (up AND down).....
A trend in a lower timeframe is JUST a swing on a higher one.....so if you swing on the higher timeframe, you are literarily trend trading the lower TF.
In a swing of 100%, wait to confirm at about 25% ---- Enter after confirmation ----- run the remaining about 75% ----- wait again to let it retrace (about 25%) and confirm the opposite direction. So you can close with profit which is about 50% of the whole swing...
It is an opportunity for you to enter again in the opposite direction because you have allowed a new 25% thereabout lockin confirmation.
When you have losses, forget about it, TRADE ON THE SWING as others will make up in multiple folds.