- #6,301
- Apr 8, 2014 5:23am Apr 8, 2014 5:23am
- Joined Dec 2013 | Status: Trader | 19,815 Posts
Sorry to mention again, but good RR trade with tight(ish) stoploss: Sell GBPJPY: Now (171.41) SL: 171.61 TP: 169.9
Good luck - I'm almost out of water on this one
samalmoore Thank you very much for that one, now I am waiting for it to hit profit, I wish I could find out more of those good hints..
Hey guys,
I received a pm asking for the analysis I based my GBPJPY call on, VERY simple a bearish rectangle: http://samuraitradingacademy.com/7-b...tion-patterns/ this pattern has a 79% success rate, fairly decent odds! Bear in mind this could reverse now because we are meeting resistance from the H1 EMA20 and NY is about to open - who knows what will happen!!
To all newbies - I am not a successful trader, I can make decent calls sometimes by my money management and trading psychology are shite!!! (Just check my trade explorer). I do find that the simplest patterns are the most consistent, don't bother yourself with complex formulas and AB=CD's (I'm sure these are very useful for more experienced traders), etc. Each technique will work sometimes and not other times!!! I am very happy if I can make a good call and share it with you but I wouldn't bet your whole bank on my trades
I received a pm asking for the analysis I based my GBPJPY call on, VERY simple a bearish rectangle: http://samuraitradingacademy.com/7-b...tion-patterns/ this pattern has a 79% success rate, fairly decent odds! Bear in mind this could reverse now because we are meeting resistance from the H1 EMA20 and NY is about to open - who knows what will happen!!
To all newbies - I am not a successful trader, I can make decent calls sometimes by my money management and trading psychology are shite!!! (Just check my trade explorer). I do find that the simplest patterns are the most consistent, don't bother yourself with complex formulas and AB=CD's (I'm sure these are very useful for more experienced traders), etc. Each technique will work sometimes and not other times!!! I am very happy if I can make a good call and share it with you but I wouldn't bet your whole bank on my trades
Hey guys, I received a pm asking for the analysis I based my GBPJPY call on, VERY simple a bearish rectangle: http://samuraitradingacademy.com/7-b...tion-patterns/ this pattern has a 79% success rate, fairly decent odds! Bear in mind this could reverse now because we are meeting resistance from the H1 EMA20 and NY is about to open - who knows what will happen!! To all newbies - I am not a successful trader, I can make decent calls sometimes by my money management and trading psychology are shite!!! (Just check my trade explorer)....
. Thanks MateBTW. I don't know if it's appropriate to post these signals here, even though they are very useful, the thread is called Only Gold. I would not want other traders that only focus on GOLD to be distracted by other pairs.
{quote} I took it, and now I am leaving
- #6,314
- Apr 8, 2014 7:24am Apr 8, 2014 7:24am
- | Joined Jul 2013 | Status: Trader | 1,494 Posts
A trade should be based on an assumption based on facts
- #6,317
- Apr 8, 2014 7:34am Apr 8, 2014 7:34am
- Joined Mar 2014 | Status: Trader | 1,062 Posts
{quote} Your call is good mate, you're good at recognizing pattern..keep sharing
- #6,318
- Apr 8, 2014 7:36am Apr 8, 2014 7:36am
- | Commercial User | Joined Aug 2007 | 6,072 Posts
{quote} Yeah I had considered that, apologies for distractions
Hello World!