The Plan: To make a quick 7-20 pips. Long GBP/JPY @ 242.69

Daily GBP/JPY analysis

All of those thinking Long Long-term, I would be cautious... (14,3,3) Stochastics on Hourly and 4-Hour charts appear to be Overbought. It may be a good idea to trade Long on retracements due to elasticity, but between today and tomorrow, I can see a ...

Daily GBP/JPY analysis

Hey guys, Still at work...First part of my prophecy this morning came true(Resistance at 243.00) Given some downward movement, I would enter a short and expect at least 240.00 in the next day or so. That would only be if I were trading today of ...

Daily GBP/JPY analysis

Alright, I'm off to work. I leave you with my predictions: Up to 243.00 in the next 4-6 hours, and down to at least 240.00(hopefully 238.00 for bravado) shortly there after AGAIN, I'M NOT A PSYCHIC. sorry to disappoint

Daily GBP/JPY analysis

We'll see what happens if/when it gets there. Thanks for the heads up on the 239.5. I'm no psychic, just a speculator(one that's been wrong a FEW times before)

Daily GBP/JPY analysis

LOL look at my 4-hour chart. And follow the price history around 243.00.... It has been previous support AND resistance. I'm venturing a guess for the latter if/when it gets there.

Daily GBP/JPY analysis

Call me naive, but I see this thing crashing down hard after it hits 243.00. Seems to be resistance there.

Daily GBP/JPY analysis

I WOULD be waiting for confirmation IF I didn't have to work all day Probably will be placing my trades after 9pm CST and I COULD have a completely different outlook by then

Daily GBP/JPY analysis

Personally, I don't have a short right now, but if you've got one, I'm fairly sure we'll be seeing 238.00 again within 24-48 hours, so maybe keep adjusting your stop?

Daily GBP/JPY analysis

I don't know if I'd ENTER short now, but if you have shorts, I would hold on to them.

Daily GBP/JPY analysis

indeed I did, time to play video games

Daily GBP/JPY analysis

I just shoot for 20 a day.

Daily GBP/JPY analysis

My Reason — I trade the stochastics.. specifically Spud's method plus some intuition, but here is the pic of my charts with (14,3,3) stoch's. 15 min stoch is turning down, 30 minute stoch has been in a down trend for a while as goes with the ...

Daily GBP/JPY analysis

I myself am Short from 240.88 and am down about 50 pips... I may enter another position, but my overall outlook is bearish.

Daily GBP/JPY analysis

Oh Forex... — Whew, the big, bad wolf(forex) tried to huff and puff my account down, but he still left me confident Let's list them, shall we? Brace yourselves; there are six: NZD/USD Stopped out for -51 pips GBP/USD Stopped out for -52 ...

Pip Farming: An Experiment

GBP/USD — Hey clockwork71, Thanks for stopping by and the nice compliment! I actually have just entered in another lot in GBP/USD due to a small retracement on the hourly chart, but since you are waiting for the DAILY to touch the trendline, ...

Pip Farming: An Experiment

Hey Steve, It's been a while! I just wanted to say nice trades lately, man! I think one of the great things about you and your journal is adaptability, and I have to say that watching your transformation from losing periods to winning periods is ...

Steviet's Live Trades!

Nice move Karmostaji! NZD/USD is one monster I REALLY want to dump some money into. Unfortunately I'm maxed out on leverage How often are you pyramiding your positions? Every 100 pips? Or just when you feel like it? Good luck, Kevin

Karmostaji's Journal

Reaching Goals and Being Free — Ok folks, I have reached a personal goal, which was to reach 1000 pips in only one pair, and I have done that here with GBP/USD. This, to me, resembled my idea of a "crop" when I started. I'm probably going to ...

Pip Farming: An Experiment

Having traded several self-created systems, all of which I've shared at the Factory, I can safely say I am well qualified to respond to this question. I share my systems because I believe good things come of good things. This is Karma. Maybe some ...

What is ur motive sharing ur system?