People,
I have been searching for indicators on mt4 website for 2 years....and months! Downloaded a butch of them...had at least 1000 of them on my charts! I was not blinded with this indys and lots of different strategies. I was in for 2 months and then when something did not happen right...I added some other indy to help me out. I immediately canceled the last one, which was also the holly grail!
And then I erased it all from my screen....
(also MAs which were my thing)
I only work on Price Action
I only work on Supply and Demand levels
And everything I learned from years of trading.
And, I am loving it! :)
Thursday, November 3, 2011
Thursday, October 20, 2011
EXCHANGE CURRENCY RATE - EXCHANGE RATE CONVERSION - EXCHANGE NETWORK
This is very nice term: exchange currency rate-exchange foreign currency rate.
I still sometimes have to explain to my dear that I sold US dollars and bought Japanese Yen and she still does not get it how can I earn money when the rate or the graph on the screen is falling.
Very simple stuff would not you say.
Or what is a rate exchange of AUDJPY how exchange rate conversion is done and why you immediately when you open position you are in a negative zone because of the spread. That we do not talk about what really this currency pair represent on the market.
Exchange network is also the name of the game which I guess she understands mostly. She understands that if I talk to other traders is the same as if she would talk to her girlfriend about the shoes or a shirt. Here the guys talk about the mooooney!
Have a nice weekend-trade safe. Closing the shop for today.
Have a nice summer.
I still sometimes have to explain to my dear that I sold US dollars and bought Japanese Yen and she still does not get it how can I earn money when the rate or the graph on the screen is falling.
Very simple stuff would not you say.
Or what is a rate exchange of AUDJPY how exchange rate conversion is done and why you immediately when you open position you are in a negative zone because of the spread. That we do not talk about what really this currency pair represent on the market.
Exchange network is also the name of the game which I guess she understands mostly. She understands that if I talk to other traders is the same as if she would talk to her girlfriend about the shoes or a shirt. Here the guys talk about the mooooney!
Have a nice weekend-trade safe. Closing the shop for today.
Have a nice summer.
Thursday, September 22, 2011
2008-20012
Second leg of the scenario- one half has been done-now we start another one...
Greece 170%
JPY - only buying japan
Greece 170%
JPY - only buying japan
Monday, September 5, 2011
Monday, August 29, 2011
RULES AND A DAILY REMINDER
BEFORE A WORKING DAY!!
1. OVERLEVEREGING!!!
2. OVERLEVEREGING!!!
3. NO JUMPING IN THE POSITION!!!
4. CASH IN!!!
5. GET OUT!!!
6. END A DAY IN GREEN!!!
Friday, August 19, 2011
Wednesday, August 17, 2011
CHFJPY and summary of August
Discipline is a madafaka! When there are no trades on a table I get a bit nervous and try to trade big moves in 5 minutes like there was on EURCHF today. Was buying and selling the cross and later on on 1.1300 (BE) got stucked in a position (long) when the market was around 1.1230. Was down overall 700 pips. (10 positions I made when the market was falling). I decided that I will risk the whole account for protecting this trade.
I always liked JPY - my first account was wipped out by EURJPY so let us try this pair instead. On a weekly we can see lots of selling pressure around 105 level - strong resistance. CHF weakness in last days is solid (my opinion behind this is, that lots of big madafakas are getting out of CHF long and this is reason for high vollatility and CHF weakness and not EURCHF peg and other bullshit. The trend is getting old!JPY I like really much right now and I also expect that USDJPY did not said a last word till now so we should give this one a go. On a daily big trendlines are being crossed and if we stay under 99.80 for close I think we are safe to short this beauty! This selloff stopped at on H4 at 365MA and on 1920/1600 MA on 1H which are my favorite MAsss We should see another selloff from here on and try to get a hold of JPY. If we break 95 level we should see a test of 88 in next few months. Carry here is also minimum so let us play!
I GOT LUCKY!
Well, I managed to cash in 100 pips but this is not the way to trade. Pretty angry with myself REASONINGOK, will trade from now on only on orders which will boost my patience and control of the trade. Now holding 2 orders on EURAUD: One is long at 1,3640 and short at 1,4025.Will try to post also on other oppurtunities! My summary for AUGUST: +570 pips+100 pips on last crazy one which could be -700plus!
I always liked JPY - my first account was wipped out by EURJPY so let us try this pair instead. On a weekly we can see lots of selling pressure around 105 level - strong resistance. CHF weakness in last days is solid (my opinion behind this is, that lots of big madafakas are getting out of CHF long and this is reason for high vollatility and CHF weakness and not EURCHF peg and other bullshit. The trend is getting old!JPY I like really much right now and I also expect that USDJPY did not said a last word till now so we should give this one a go. On a daily big trendlines are being crossed and if we stay under 99.80 for close I think we are safe to short this beauty! This selloff stopped at on H4 at 365MA and on 1920/1600 MA on 1H which are my favorite MAsss We should see another selloff from here on and try to get a hold of JPY. If we break 95 level we should see a test of 88 in next few months. Carry here is also minimum so let us play!
Thursday, August 11, 2011
Wednesday, August 10, 2011
Tuesday, August 9, 2011
Monday, August 8, 2011
Thursday, August 4, 2011
Wednesday, August 3, 2011
Tuesday, August 2, 2011
Monday, August 1, 2011
EURAUD
Going long this pair.
Technically: Nice Pin bar! (would enter it on friday already but was on a sea side)Strong resistance at 1,2940
Weakness:Stong downtrend
EUR:Was sold last month on index against G7 for 3,60%. This month started up 0,43%.On comulative it was sold for 2,76%
AUD:Was bought 0,75% last month. Also started this month with 0,35% gain on the index.
Technically: Nice Pin bar! (would enter it on friday already but was on a sea side)Strong resistance at 1,2940
Weakness:Stong downtrend
EUR:Was sold last month on index against G7 for 3,60%. This month started up 0,43%.On comulative it was sold for 2,76%
AUD:Was bought 0,75% last month. Also started this month with 0,35% gain on the index.
Wednesday, July 20, 2011
20.7.2011 FX EURJPY&EURGBP
People,
EURGBP is the same story. Nice setup on a daily. We could see 4 days consolidation in 08750 area. Now the pair is going up. News today for GBP - will see where it will break. 0,883ish is the target.
went long EURJPY at 111.80 to get some retrace pips on a daily. Hoping this week we could see levels around 113 at least.
EURGBP is the same story. Nice setup on a daily. We could see 4 days consolidation in 08750 area. Now the pair is going up. News today for GBP - will see where it will break. 0,883ish is the target.
Friday, July 15, 2011
Wednesday, July 13, 2011
13.7.2011 FX G7
People,
yes, here are the results for today:
"patience is a virtue"
have a nice summer!
yes, here are the results for today:
"patience is a virtue"
have a nice summer!
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