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    Thread: moneygrow's trading journal

    1. #21
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      Quote Originally Posted by moneygrows View Post
      Soooooooooooooooory for the late update..

      My trade for today. I like to Keep It Simply Simple

      Attachment 63866

      Buy at bottom and try to exit at top
      Wow... you gonna rake in a lot of pips if the bulls started their move.

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    3. #22
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      Quote Originally Posted by PhAnToMtRaDeR79 View Post
      Wow... you gonna rake in a lot of pips if the bulls started their move.
      IF
      Apparently the market got other idea so i guess the setup is not valid anymore

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    5. #23
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      Quote Originally Posted by moneygrows View Post
      IF
      Apparently the market got other idea so i guess the setup is not valid anymore
      Prolly.

      The low of the year might be the target before shooting up again.

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    7. #24
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      The low of the year might be the target before shooting up again.
      And the very next question is how to know the accurate low of the year? Can it be predicted through indicators which commonly called lagging indi? Or the low of the year is mostly masterly engineered by Bank/Government intervention or by big players up there?

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    9. #25
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      Quote Originally Posted by moneygrows View Post
      Soooooooooooooooory for the late update..

      My trade for today. I like to Keep It Simply Simple

      Attachment 63866

      Buy at bottom and try to exit at top
      Wow... GU soared. Ur long still alive mate?

      Quote Originally Posted by NikitaBelle View Post
      And the very next question is how to know the accurate low of the year? Can it be predicted through indicators which commonly called lagging indi? Or the low of the year is mostly masterly engineered by Bank/Government intervention or by big players up there?
      The Sup/Dem guys might have different idea about this but for me, a traditional S/R class, a zone is from the extreme of the chart (lowest/highest) to the closing of a reversal candle. So if you look at your G/U chart on I** it will be the closing of the reverse candle on July 8, 2016 to the extreme of July 6, 2016. That's the lowest zone for me.

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    11. #26
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      Quote Originally Posted by PhAnToMtRaDeR79 View Post
      Wow... GU soared. Ur long still alive mate?



      The Sup/Dem guys might have different idea about this but for me, a traditional S/R class, a zone is from the extreme of the chart (lowest/highest) to the closing of a reversal candle. So if you look at your G/U chart on I** it will be the closing of the reverse candle on July 8, 2016 to the extreme of July 6, 2016. That's the lowest zone for me.
      They say GBPUSD is a dragon pair! Am not very good with chart reading, but as I see it on my Daily Chart, below is what I see...If nothing bad happens I smell a Bull morphing ready to take flight Northbound... I could be wrong, am rarely right.
      Name:  GBPUSD Daily Chart.jpg
Views: 25
Size:  162.3 KB

      Thanks  

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    13. #27
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      Quote Originally Posted by NikitaBelle View Post
      They say GBPUSD is a dragon pair! Am not very good with chart reading, but as I see it on my Daily Chart, below is what I see...If nothing bad happens I smell a Bull morphing ready to take flight Northbound... I could be wrong, am rarely right.
      Attachment 63883
      Yes, it could be and if that's the case then the bulls must first do something with those two big bearish candles on 4th and 5th of August coz those are the areas of held profit (momo candles).

      Where is MG anyway?

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    15. #28
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      Quote Originally Posted by NikitaBelle View Post
      They say GBPUSD is a dragon pair! Am not very good with chart reading, but as I see it on my Daily Chart, below is what I see...If nothing bad happens I smell a Bull morphing ready to take flight Northbound... I could be wrong, am rarely right.
      Attachment 63883
      Should be bull til 3140 region. Just not sure how long it will take with all the uncertainty with the world economy.

      Quote Originally Posted by PhAnToMtRaDeR79 View Post
      Yes, it could be and if that's the case then the bulls must first do something with those two big bearish candles on 4th and 5th of August coz those are the areas of held profit (momo candles).

      Where is MG anyway?
      Sorry busy with family matter. Yea my positions survived the stop hunting

      Thanks  

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    17. #29
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      Quote Originally Posted by moneygrows View Post
      Should be bull til 3140 region. Just not sure how long it will take with all the uncertainty with the world economy.
      took almost 9 days to each the level

      did you made nice profits niki? Congrats

      Thanks  

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    20. #30
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      Quote Originally Posted by moneygrows View Post
      took almost 9 days to each the level

      did you made nice profits niki? Congrats
      Yes, took that long days and if I did get bored I might already abandon my Long order, hahaha. But they say patience is virtue, it's either you wait or abandon the ship so I let it ride as long as it where it goes. Below is the screenshot of my GBP/USD trade.

      Name:  GBPUSD Trade.jpg
Views: 26
Size:  112.8 KB

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