Jorel1's Posts
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GBPCHF , Its a free fall down to #1.152 ..no resistance to this zone at least for the past 25 years GOLD TP #1523.33 ![]() GBPJPY TP |
jorel1: |
Lol 4000 pips is like underutilizing my capital for me even this 2000 pips which I use is still under contemplation but I think with that 4000 pips your account can never get drained which is some how the most important thing ... stil at that this model applies to those who knw what they are doing .. elese they blow their account even with 10000 pips leverage .. ![]() Feshizzy: |
Trades currently in the money Gold - buy USDCAD - Buy SP 500 -sell GBPJPY - sell GBPCHF - sell looking to consumate the full range of candle stick for the month of July and probably August ofcourse if market condition doesnt change... ![]() gauging an entry is the most difficult and strenous part of this thing but when it goes your way far away from entry , then you could go relax and reap the reward later. ![]() |
abbeyforex:yeah, true..and I don't think gold 'll smell this zone again for quite a while ![]() |
GBP Pairs , weekend gap filled . I think London and American session guys already sent a clear no-go message , and I believe the Tokyo session guys would follow by sending price down further. Please, dont chase those bullish moves ![]() |
You are right, probably decision was as a result of greed , wanting more and more and more just an experimental decision anyway .. I would give it a rethink .. thanks for watching my back EmmanuelD1st: |
I dont think GBP pairs can cross current level upside (too much uncertainty in buying).. to much pressure to go down... .Gold is now due for a buy i suppose , Just bought for long term .. since current level was difficult to break eyes on SP 500 for a sell. But Monday is a holiday in the US , so now might not be a good idea to initiate a long term trade on a USD related instrument . |
Increased my risk level from 2000 pips leverage (Not the typical broker meaning of leverage) to 1000 . I realized considering the fact that I take only quality trades, my previous risk mgt model left a wide portion of my capital dormant.so now worst case scenario if I lose 100 pips 4 times (hardly happens) I recover all my losses + 10% bonus in the fifth trade , if I lose 100 pips 5 times (hardly happens) I recover all my losses in the sixth trade, If I didn't lose at all then I make full returns. So now I would have to lose 100 pips like 10 times to blow my account. Hope this helps someone here trading high lot sizes without taking into consideration account equity. I would post my excel simulation of money/risk management model. @D1trader waiting for me to post losses to bring smile to his face, sorry its not gonna happen ![]() |
Was busy monitoring GBP while the SP500 already recovered almost 80% of post brexit losses... I believe where the American traders ended price is good spot for a sell entry.. NB don't trade this instrument between 11:30pm ( price halts after American close ) and 1am .. it gaps during this period.. on reopening in Asian . |
D1Trader:don't worry..just move on,you will be fine ![]() |
D1Trader:why are you angry?? win is a win ..whether short term or long term or intermediate... don't give your self high blood pressure over this, it isn't worth it...just move on ..life continues |
D1Trader:well, this one is for publicity and i am excited of it this thread as far as I know and what I see people post here is for forex related issues ..afterall some people do ask if it's possible to make 5% a month in forex so this somehow answers their question...but if the result dey pinch you , get over it move on and stop whining..leave it for peopl who like success or you ask how I do it ![]() |
adeyinkabasir:probably you should be on the lookout for GBP pairs when the sellers return , then gold bulls follows...I guess |
back to top 5 ![]()
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aha thanks 4d tip .. Capitals: |
A bit confused if the GBP (GBPCHF GBPAUD GBPJPY) is gonna go up 400pips from current level or down Somebody help out a Newbie |
okay buyers took me out at breakeven... its buyers time jorel1: |
GBPJPY just added another sell from current price - 3X previous lot size ... its obvious on the 4HR chart where to SL. presume this to be the high for next months bearish candle. (If compromised then next resell level would be #139.834 zone) |
jorel1:trade activated 2 hours ago .. if it comes back down to take me out then reentry would be #129.3area. |
well ![]() Lifecontinues: |
Article 50 go hit you soon but seriously you are right but as a potential physical investor would you like to do bussiness with the GBP these days or have a stockpile of GBP ?? I guess not.. even you yourself would be scared to change your naira to GBP these days because you might likely be shortchanged afterwards and I guess the same sentiments is applicable to the market.. ..My take is that floor traders would likely send it down further forming another bearish candle for the month of JULY just before the summer holiday then consolidation would occur during the month of AUGUST. followed by a very big sell from the month of September which would continue to the first quater of 2017 during those sell period there would be lots of short term buy opportunity. but buying it now just few days after the brexit shock isnt such a good idea. Although this is just my objective opinion not necessarily correct Lifecontinues: |
trap is set already Edd1e: |
USDCAD long term buy signal triggered from my side .. to take out this years high ... next 4 hr retracement activates a buy for me. ![]() |
GBPJPY current price #138.46 ..lower than fridays close.. no potential upwards ![]() |
You are very correct. . Owliver: |
BOE pumping more money to the economy would devalue the GBP , GBP becomes too cheap. Even the BOE boss didnt sound so confident as he gave the speech as if someone stood beside him pointing a gun to his head uncertainty still in play maybe for a very long time.. harizonal123: |
You are right, a broker that restricts trading during such event are the types that doesnt want their clients to make money . I think reducing their leverage is more than enough to protect their bussiness and not going too far as to freeze platform.. Karlebolu: |
periods like this you test the reliability of your broker , if you are with a bucket shop or ?? So far mine has been superb..no manipulations , spreads changing but didnt go beyond 30pips , no artificial spikes, no trade restriction . margin requirement remains 1:50. this is good , ![]() Will verify this by monday if my trades dont get stoped out due to slippage or spread ... |
In as much as Volatility is good , it can wipe your account .. whereby each 1min candle prints 50 pips .. not entering any trade again ..too risky volatile .. keep GBPJPY and GBPCHF running over the weekend and long term or until volatility subsides... ![]() |
9th today, 99th tmao, 5th next tmao no epp anyone here. Publicity, trade call or trade alert? This is a thread for forex trade alert, idea and not a publicity on position as if it is a race of life. Who your race epp