Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
GET BONUS
55%
from InstaForex
on every deposit
  • Amazed
  • Amused
  • Angelic
  • Angry
  • Asleep
  • Bashul
  • Bitchy
  • Blah
  • Bored
  • Breezy
  • Brooding
  • Busy
  • Buzzed
  • Chatty
  • Cheeky
  • Cheerful
  • Cold
  • Confused
  • Cool
  • Crappy
  • Cynical
  • Daring
  • Dead
  • Devilish
  • Doh
  • Doubtful
  • Drunk
  • Fine
  • Flirty
  • Goofy
  • Grumpy
  • Happy
  • Hot
  • Hungover
  • Innocent
  • Inspired
  • In_Love
  • Lonely
  • Lurking
  • Mellow
  • Paranoid
  • Pensive
  • Psychedelic
  • Relaxed
  • Sad
  • Scared
  • Shocked
  • Sick
  • Sleepy
  • Sneaky
  • Stresses
  • Tired
  • Twisted
  • Worried
  • Yeehaw
  • Results 1 to 7 of 7

    Thread: 66722380 - Team GBP/JPY - Using Price Action + Stochastic + RSI + BB

    1. #1
      My charts talk to me!
      I am:
      ----
       
      P A is a jewel in the rough P A is a jewel in the rough P A is a jewel in the rough P A's Avatar
      Posts
      907
      Accumulated bonus
      129 USD (What is this?)
      Thanks
      329
      Thanked 300 Times in 116 Posts

      Default 66722380 - Team GBP/JPY - Using Price Action + Stochastic + RSI + BB

      Login 66722380
      Server InstaForex-Contest.com
      Investor xhctby70


      Trading pair is GBP/JPY
      These are the list of indicators i will use during the contest.

      1.https://forum.mt5.com/showthread.php...Stochastic-X8&
      2.https://forum.mt5.com/showthread.php...Arrows-Alerts&
      3.https://forum.mt5.com/showthread.php...llinger-Bands&

      I will use indicators to open trades but for closing them i will depend only on my own judgment. When doing scalping, i will use 5 minutes time frame but normally time frame will be 1 hour.
      Last edited by Toxic; 02-08-2015 at 02:33 PM. Reason: account changed becz previous one was created using the wrong old link


    2. The following 3 users say Thank You to P A for this useful post.

      chimasky (02-08-2015), goodguy333 (02-09-2015), NikitaBelle (02-06-2015)

    3. #2
      My charts talk to me!
      I am:
      ----
       
      P A is a jewel in the rough P A is a jewel in the rough P A is a jewel in the rough P A's Avatar
      Posts
      907
      Accumulated bonus
      129 USD (What is this?)
      Thanks
      329
      Thanked 300 Times in 116 Posts

      Default

      Trade No. 1
      gbp.jpy as bearish today and i feel i have missed 100 pips. But bearish signal is more confirmed now because of many reasons which can be seen in my chart.
      Name:  1.png
Views: 31
Size:  44.4 KB
      1. 4 hour rend line has broken.
      2. Price has returned quite significantly from upper hand of BB and now it is moving towards lower hand.
      3. RSI as well as Stoch are also signaling sell.

      Even after missing 100 pips i think it can still move 120 pips down before any significant move upwards.
      Sell 25 lots@180.46 fpr 180 pips target with no sl.


    4. #3
      My charts talk to me!
      I am:
      ----
       
      P A is a jewel in the rough P A is a jewel in the rough P A is a jewel in the rough P A's Avatar
      Posts
      907
      Accumulated bonus
      129 USD (What is this?)
      Thanks
      329
      Thanked 300 Times in 116 Posts

      Default

      Selling 25 lots again at 180.83 withou sl because Stoch is giving reversal signal in 5 minute chart and i would like to cut my trades before news.


    5. #4
      FX Zombie
      I am:
      Amused
       
      danyal01 has a spectacular aura about danyal01 has a spectacular aura about danyal01's Avatar
      Posts
      2,252
      Accumulated bonus
      441 USD (What is this?)
      Thanks
      21
      Thanked 174 Times in 96 Posts

      Default

      What news is awaiting? Manufacturing Production m/m, and Industrial Production m/m? ahh that will not effect lastly. i am long now 10 lots from 180.58 targeting 184.50.
      Never Go Against your heart decisions in Forex.


    6. #5
      My charts talk to me!
      I am:
      ----
       
      P A is a jewel in the rough P A is a jewel in the rough P A is a jewel in the rough P A's Avatar
      Posts
      907
      Accumulated bonus
      129 USD (What is this?)
      Thanks
      329
      Thanked 300 Times in 116 Posts

      Default

      Trade No. 2
      I think it has become a habit to go against the trend
      I have my reasons to sell it and i donot want to influence your analysis by telling you. If i earn profit then i will share otherwise no reason to share.

      ---------- Post added at 02:52 PM ---------- Previous post was at 02:00 PM ----------

      Removed tp from first trade because i see confirmation of sell in market as a reversal pin bar is formed in 4 hour time frame.

      ---------- Post added at 02:55 PM ---------- Previous post was at 02:52 PM ----------

      Removed tp from first trade because i see confirmation of sell in market as a reversal pin bar is formed in 4 hour time frame.
      Last edited by P A; 02-10-2015 at 11:51 AM.


    7. #6
      FX Zombie
      I am:
      Amused
       
      danyal01 has a spectacular aura about danyal01 has a spectacular aura about danyal01's Avatar
      Posts
      2,252
      Accumulated bonus
      441 USD (What is this?)
      Thanks
      21
      Thanked 174 Times in 96 Posts

      Default

      Really bad thing happened with you mate!!! sorry to lost you. i was also going wipe out but i did hedge and now 84xx is my equity and i am long till 184.26 then i will see whats next.
      Never Go Against your heart decisions in Forex.


    8. The Following User Says Thank You to danyal01 For This Useful Post:

      P A (02-11-2015)

    9. #7
      My charts talk to me!
      I am:
      ----
       
      P A is a jewel in the rough P A is a jewel in the rough P A is a jewel in the rough P A's Avatar
      Posts
      907
      Accumulated bonus
      129 USD (What is this?)
      Thanks
      329
      Thanked 300 Times in 116 Posts

      Default

      Yes, it is really a shame to lose like this but can't undo it now. Best of luck to you and Toxic, i hope you and Toxic can turn things around and win this contest.


    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts