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Rag2RichesFX replied Feb 26, 2015Yup got 20 pips and got out. Easy peasy. Will go long on the next dip m15/h1.
Dragon Riders GBP/JPY
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Rag2RichesFX replied Feb 25, 2015Re-entered ... on breakout. stop recent 4hr low.
Dragon Riders GBP/JPY
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Rag2RichesFX replied Feb 25, 2015daily shows a breakout if we can close in the 50s or higher here... but it's month end. rarely does a monthly candle with 1000 pip range close without at least 100-200 pip wick. I think the run is done, for February. March is a diff story. buy dip ...
Dragon Riders GBP/JPY
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Rag2RichesFX replied Feb 25, 2015closed longs all weekly longs @50 will buy daily candle breakout above 184.75 can afford to do this since the position is up 1000 pips breakout of 185 shoot next two targets
Dragon Riders GBP/JPY
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Rag2RichesFX replied Feb 24, 2015One more... An example of trading to near perfection. An 88:1 with all added entries and trail stops still equaling net profit (if market decided to make higher highs) One day I'll get to this level. There is little I enjoy more than changing ...
Dragon Riders GBP/JPY
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Rag2RichesFX replied Feb 24, 2015Patience Pays Prosperous Profits Example of how you hit a 10:1++ RR trade carry on, good trading to all.. month end usually brings wicks... Remember that. Rarely does the month close on it's high. Could see selling. (Geppy) Pro tip: 90% of candles ...
Dragon Riders GBP/JPY
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Rag2RichesFX replied Feb 24, 2015Seems like everyone is having a good day. I entered the dip off 00 to 55 perfectly long yesterday (3 pip spread, low print 50) with a limit. Market structure... closed day trades and stop tightened on weekly positron to 183.38 and 182.45 entry 176.5
Dragon Riders GBP/JPY
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Rag2RichesFX replied Feb 23, 2015Precisely yes. And day trading will help you spot the ideal entries for weekly TF too (risk 50 pip for 500+) The pros bought EURUSD divergence lows (and 5 pip stop run) @1.109x with 5-20 pip stop and held it for 300-400 Risk reward, baby.
Dragon Riders GBP/JPY
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Rag2RichesFX replied Feb 23, 2015Truly, Buffet is on his death bed (ok that's a bad joke) still soaking in profits... Japanese driving equities to the moon.
Dragon Riders GBP/JPY
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Rag2RichesFX replied Feb 23, 2015Its not easy the learning curve for most is 2-5 years until profitability.
Dragon Riders GBP/JPY
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Rag2RichesFX replied Feb 23, 2015I go for 10:1 at minimum. Start with very small money, less than 5% of total investment money) Si is your first stop loss is actually 0.5% (10% of 5%) it's all about not being afraid to scale higher in the most scalable industry on the planet. $500 ...
Dragon Riders GBP/JPY
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Rag2RichesFX replied Feb 23, 2015I see why you are trying shorts with such tight stops. Weekly candle will have a hidden divergence soon. First bearish one on the RSI 2 in a loooong time i would prefer to wait though, as could do 186xx first day trading is for guaranteed income, ...
Dragon Riders GBP/JPY
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Rag2RichesFX replied Feb 23, 2015monthly chart says if you can be patient you will be rewarded for that view 300 pips to 186xx then it should drop to 178 or deeper.. 3month candles. If March close above 186.70 then could do 192.50 as euphoria phase strong resistance there on ...
Dragon Riders GBP/JPY
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Rag2RichesFX replied Feb 23, 2015Decided not to do 182.40s and just reversed off this 1 hour stoch divergence. daily candle needs to go somewhere.. breakout is is inevitable with this much chop
Dragon Riders GBP/JPY
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Rag2RichesFX replied Feb 23, 2015low print 59.5 maybe see support to start building in the 50s here
Patience Pays Prosperous Profits
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Rag2RichesFX replied Feb 23, 2015exactly my goal is 3% compounded a week. its 500mil in like 8 years. lol its doable just very difficult but i got this shit yo
] shoot for the goal and come up short... still 1% a week is amazing. of course liquidity becomse an issue
then only ...Dragon Riders GBP/JPY