Jorel1's Posts
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quabat: ![]()
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Tereza may gave a definite day to activate Article 50 , this one came from the horse's mouth which was the reason for the over the weekend bearish move with GBPJPY..I suggest selling on every high made at least until first quarter of next year.. |
Moneyyy:Still looking for a school that offers study program in Public Relations , hope I find one soon .Actually the recession message wasn't meant for you ( I think you already knew this ) am more curious about that 20 pips a day methodology you proposed, how has it been working for you? just want to know if its still a valid way to go.. |
Feshizzy:you added an ingo to my ID.. |
Moneyyy:I remember this user ID once said he quitted his BOA job to trade full time for 20 pips a day.. Anyway am glad you found another job ..however you are right , the traders living in self denial $1 = ~ N500 , average middle class salary in Nigeria is about $400 monthly.( correct me if am wrong).. In this recession era I wonder how many people can reload replenished forex account.. Sit back and watch and keep playing with demo until recession is over.. remember if you trade with your months salary and lose , your and wife and new born baby will starve all month .. |
but I wasnt referring to anyone directly nor indirectly , I opened the page only to find a man and woman in display of whatever and thus my comment which was instantaneously what was in my mind. My usual comments to photos like this on facebook pages is "Rubbish" but I was more polite here so whats the problem and why do you think what is good news for you has to be good news for me too ?? ![]() dont take it personal though amolak: |
lol this place is gradually turning to romamce section interesting... ![]() |
Childishness here continues ... ![]() |
Pipsbasketing:you mean "what da fu*ck" ?? lets see if i get the honor of being banned too ![]() |
jorel1:watch your buy..daily price action trying to flip to sell prior to BOJ news or worst case expect a spike in both directions... |
boyafx:Honestly There is nothing more to learn, just same old stories recycled over and over again.. after trading 5 years you only need one month in that 5 years to learn the basics... you tell me what happened to the remaining 4.5 years just like the policeman quoted above, you ought to have mastered the art of trading during this period but mastering the art also means you now know you can't avoid the losses but be able to accept and manage it efficiently. |
Sometimes I wonder when one will stop learning in forex , is it when you die?? someone who claims to have been trading for 10 years still learning .. At least to be a very sound engineer , you get a Bac+masters in 5 years + PhD in 3 years thats a total of 8 years.. and you are an expert in your field ... If after trading 8 years and you still learning then I must say its either there is something wrong with your head thus having problems with understanding and its very likely such a person either didnt do very well in school or probably never had a higher education . Moreso there are other kinds of people , the so called AKA GUM , who always try to be too smart and conservative and never want to lose 1 kobo of their money, always scared of losing money. If you find yourself in any of these category bolded above, you need to quit trading .. its not for you... 8+ years of trading you supposed to have seen it all both the indicator trading, basket trading , long term , scalping , news trading (none of these should be new for you anymore) etc , the good bad and the ugly side of trading .. The 8 years mention is actually an exaggeration , it should be 5 years top okay if you are a stark illiterate probably I can understand 8-10 years . .. but common this is like 15% of ones life span..To all those concerned try to settle all your carry overs and graduate as soon as possible life is too short to remain an everlasting student ![]() |
jorel1:Didn't get the 450 pips+ I dreamt off , weekly closing price approximately equals opening price of the week ,which is a strong reversal sign for candle stick believers coupled with the fact its forming on a Brexit low a significant support area + technically a double bottom on that low as well..As long as #130.018 doesn't get breached , buying continues ... depending on outcome of BOJ Governors speech come Tuesday , I expect a long bullish weekly candle next week .. The trend remains downside anyway hence buying with caution. #130.018 is sell trigger , which would change dynamically as price moves. ![]() |
You sure the buyers still stand a chance?? JLINE: |
jorel1:price did retest that level , now flew up next entry look out would be a sell for about 1500 pips down.Ok thats it ![]() |
jorel1:Still valid except #130.367 gets compromised below apparently FOMC didn't cause much commotion |
pippimp:true |
pippimp:Any reasons?? |
GBPJPY , Have a feeling the Asians are coming to send prices higher , In asmuch as they lack power to breakout brexit low I dont see any strong economic data this week to send prices lower for a breakout .. I was foresaw a bullish week The Americans already gave the signal. about 450 pips more room higher to complete the average weekly range ..take advantage of it ![]() If price crosses #130.45 below , then selling continues for the week ofcourse except tomorrows FOMC minutes triggers an unexpected surprise .. INFO for those itching to buy this pair ![]() |
Hmmm, These emotional acts of contrition though ![]() |
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Pipsbasketing:but truth be told , you right from your previous Monicas have been the source of controversies here , you have always been Argumentator zero .. ![]() you initiate and set the controversy in motion and run away while others keep the controversy momentum till it fades then you come out to sarcastically indicate you didn't mean any harm to anyone or you meant no offense. I have experience with such kind of people in Nigeria ![]() This is why one shouldn't get too personal with forum members because it becomes too difficult for them to bring you to order when you go awol. rather they help fuel the controversy by giving you the support such as those above this post ![]() |
fidellamo:lol he should have ignored you and move on , the so called newbies they claim to protect aren't dumb ..Newbies are supposed to experience the good bad and ugly of trading just as others did.. no shortcut. so those who claim theie mission here is to protect newbie needs to make a rethink. however, that chap needs to pull himself together.. yesterday ... its like boy in the movie Sixth sense who said " I see ghosts everywhere" whereas didn't even realize he was dead also .. the same way silly people who try to judge every post for silliness level wouldn't even realize how silly they are because they feel they know it all .. sometimes silence is best response for such people but sometimes you just need to enlighten them so they realize..Apparently, there are two candidates contesting the position of forum chief judge here.. ![]() be adults and learn to respect and tolerate other people's view or opinion.. |
I found out some lads here aren't really active traders , main mission after blowing their account is here only policing this forum to determine which post is meaningful and which isn't ![]() |
you don't even need and can't be consistent all the time trading, you just need to win big and lose small... this way you defeat consistency. you are dealing with a random process and one is talking about consistency.. the most you can aim for is consistency in large wins and small loss.. ![]() |
Pipsbasketing:offcourse i ain't taking it personal , only to imply its a wrong analogy to use for your consistency lecture...its more practical to use past history of your trade account, this you can be sure of ![]() |
If you check |
But not everyone is as poor as you think this trader probably treats his account in a different way you treat yours... blowing away his margin doesn't mean he hasn't been profitable or hasnt a stockpike to redeposit..its like most people here put all their life savings in their forex account, someone once posted here implying one who makes huge returns can't be consistent , as if t he one who makes 0.5% is the one who can be consistent ![]() but if one makes a huge %ROI , there isn't any need to be consistent other than enjoy and return to trade again.. I think with forex , you can never understand how and why a trader the the way he does.. |
Pipsbasketing:I couldn't help but notice you recently stopped posting your basket which is your unique signature, or these days you returned to the conventional chart posting.. |
mrikay:yeah there will be buyers waiting at brexit low, but it all depends on the momentum the sellers in approaching that level if its too high it breaks it ..else the buyers will have their way..you have to watch the 4hr TF price action when price gets to that level. |
jorel1:Those of you who took this trade or pretend not to take it , you 'll likely get to your 1000 pips destination by next week, i 'll ride mine to 2000 , although will look for another sell entry of 1000 pips to accompany the senior trade to destination.... when price arrives brexit low , there will be buyers waiting there , that will be a good low risk level to open a buy for some pips before the mighty breakout.. Please ignore my %gain ![]() |

) am more curious about that 20 pips a day methodology you proposed, how has it been working for you? just want to know if its still a valid way to go..
and why do you think what is good news for you has to be good news for me too ??