PIPnator10:
Guys? Who is ready to play the patience game with CADJPY?
Ok, here is how its goes!
CADJPY has been making lower highs and lower lows. So I am expecting the down trend to continue but the thing is,
as seen in the chart, whenever it makes a lower high, it consolidates for over 14 days before it drops. Now its making a lower high.
As seen, the consolidation in box 1 took about 16days and the consolidation is box 2 took over 20days.
As such, i am expecting same consolidation in box 3 with almost the same number of days.
but the beautiful thing about playing the patience game here is, it drops fast by over 400 pips after the consolidation.
So if you are able to wait on it, i reckon you add it to your watchlist.

Happy weekend everyone!

infofirst:



Humm. Brilliant. The pressure on the support looks strong but time will tell maybe it will bounce or give way. Kudos.

Edd1e:


I have always watched you. You are good. Hope you get to start your Live account trading.
Keep it up bro

PIPnator10:
Guys? Who is ready to play the patience game with CADJPY?
Happy weekend everyone!

bojbest:



THIS IS TOTALLY WRONG.

Demo is just meant to practice your strategy. When you go live, you are controlled by our emotions. FEAR GREED HOPE.


The best advice i can give you Ooba
1) reduce your position size
2) Trade higher time frame
3) You dont need to trade everyday to make money from the market.

Keep trying to control ur emotions and master your self.


When you start looking for how to be a disciplined trader, you are one step to profitability.

PIPnator10:
Guys? Who is ready to play the patience game with CADJPY?
Ok, here is how its goes!
CADJPY has been making lower highs and lower lows. So I am expecting the down trend to continue but the thing is,
as seen in the chart, whenever it makes a lower high, it consolidates for over 14 days before it drops. Now its making a lower high.
As seen, the consolidation in box 1 took about 16days and the consolidation is box 2 took over 20days.
As such, i am expecting same consolidation in box 3 with almost the same number of days.
but the beautiful thing about playing the patience game here is, it drops fast by over 400 pips after the consolidation.
So if you are able to wait on it, i reckon you add it to your watchlist.

Happy weekend everyone!

PJAMES1:
USDCHF. Daily.
Made an Aggressive entry.
Note that the trendline might as well be respected. Infact buyers defended it aggressively on Friday when price touched it.
So wait for a break of the trendline and retest before considering selling.
Again, nothing is guaranteed, this can be entirely wrong and is not a financial advice. Just my personal trades.

redsox11:
Ooba
voraz

Some constructive criticism here. Yes live is way different from demo account. BUT I could almost tell, you guys was not profitable on demo account "I could be wrong" , so why do you guys think you can cut it with live account?

Before going live, you guys should turn your demo account from x to 4x (400%) with small lot size. Then you should consider going live.
Forex is not going anywhere, take all the time that you need.

PJAMES1:
USDCHF. Daily.
Made an Aggressive entry.
Note that the trendline might as well be respected. Infact buyers defended it aggressively on Friday when price touched it.
So wait for a break of the trendline and retest before considering selling.
Again, nothing is guaranteed, this can be entirely wrong and is not a financial advice. Just my personal trades.

bojbest:


Awesome. We have d same charts analysis and idea. I’ll like to know where your target is?

Besides I’m waiting for the trend to break. Sold d last bearish engulfing earlier but got stopped out.

Benqozenero:


I share in your sentiment, but the thing is that there may not be an opportunity for a retest Entry when that trendline finally breaks because usdchf fall is long overdue.

PJAMES1:
.

Thank you. I have started live trading. I recently funded my live account. Will let the house know how it goes.

PJAMES1:
.

If it breaks the trendline, we should see the base of that channel. 0.9700 area.

PIPnator10:
Hope someone benefited from the NZDUSD drop.
I posted the chart on page 185.

As the market opens in few hours, I wish us all a pipful week ahead!

TheYoda:
The trade I’m looking to take this week.

Sell - Gbpusd , Usdcad , Euraud , Audnzd.
Buy - Eurgbp , Nzdcad.

bojbest:


awesome. Bro lets connect. Its like I just found my trading brother. Which social media platform is convenient?

bojbest:


awesome. Bro lets connect. Its like I just found my trading brother. Which social media platform is convenient?

Ooba:
This is the type of mouth I like smooching

Its round and soft

currentprice:
update on the 2nd chart
i am taking out anything left on the table by 7pm
price does not even challenge the levels. i expect north continuation, gap up may happen but i will let go. half bread is better than.....
TGIT

PIPnator10:
Guys? Who is ready to play the patience game with CADJPY?
Ok, here is how its goes!
CADJPY has been making lower highs and lower lows. So I am expecting the down trend to continue but the thing is,
as seen in the chart, whenever it makes a lower high, it consolidates for over 14 days before it drops. Now its making a lower high.
As seen, the consolidation in box 1 took about 16days and the consolidation is box 2 took over 20days.
As such, i am expecting same consolidatio
n in box 3 with almost the same number of days.
but the beautiful thing about playing the patience game here is, it drops fast by over 400 pips after the consolidation.
So if you are able to wait on it, i reckon you add it to your watchlist.

Happy weekend everyone!

GladmanGoddey:
some huge price movement on euro and yen pairs this early morning

BullBearMkt:
GBPJPY Set for a Short Trade on H4
With GBPJPY pair now making a lower-low, that causes the market sentiment to shift to bear. Expecting bullish candle(s) towards the previous swing low in order to create a good entry to short the pair...

Risk: Long term trend is still bullish.

full chart: https://uk.tradingview.com/chart/GBPJPY/ri4mX9YU-GBPJPY-Set-for-a-Short-Trade-on-H4/

Ooba:
The movement didnt leave me behind.

currentprice:
broken! could be fake break. close of 4hrs candle will tell us if for real or fake,time will tell.

interesting trade ahead

Currentprice, let us know when you about making ur move.