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    Thread: SweetRose's - Trading journal

    1. #1791
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      Quote Originally Posted by SweetRose     
      Hi Friends Greetings and Good Morning To Everyone,
      Yesterday i will analyses the USDJPY pair it will be moved in over sold position and from the current market price of 109.10 i will see the reverse moving pattern and open 1.00 lot size at price of 109.14 from this price level if give resistance breaking at 109.60 then next target will be near to 110.30, i will hold this position for long term and wait for the target of my take profit previous trades were also floating on GBPUSD from the current price i will open a new order of 0.10 lot size it will have a bearish trend i will do scalping and wait for the next moved then manage my trades to get the pips from market.

      Today I am looking at the possibilities of buying the USDJPY because the price have started heading towards the North but I would exercise enough patience as to wait for the price to come back and test the support area which is at the 109.41 and if that area holds then I shall be able to place buying trade within that level and hopes to make about 20 to 30 pips off it.
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      If you do not take control of your risks then you lose control of your trades


    2. The following 4 users say Thank You to penuelophir for this useful post.

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    3. #1792
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      Quote Originally Posted by SweetRose     
      Hi Friends Greetings and Good Morning To Everyone,
      Yesterday i will analyses the USDJPY pair it will be moved in over sold position and from the current market price of 109.10 i will see the reverse moving pattern and open 1.00 lot size at price of 109.14 from this price level if give resistance breaking at 109.60 then next target will be near to 110.30, i will hold this position for long term and wait for the target of my take profit previous trades were also floating on GBPUSD from the current price i will open a new order of 0.10 lot size it will have a bearish trend i will do scalping and wait for the next moved then manage my trades to get the pips from market.
      Good morning my friend, sorry about your trade gbpusd, many see that support area 1.3000 as a psychological support area.
      But now gbpusd seems pretty much like it's going down today again.
      As for usdjpy I think this is where you get to make good profit, because the price has now return to 129.56 area which is very good. Hopefully it will continue to move up on the coming hours.
      I wish you all the best.


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    5. #1793
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      Quote Originally Posted by SweetRose     
      Hi Friends Greetings and Good Morning To Everyone,
      Yesterday i will analyses the USDJPY pair it will be moved in over sold position and from the current market price of 109.10 i will see the reverse moving pattern and open 1.00 lot size at price of 109.14 from this price level if give resistance breaking at 109.60 then next target will be near to 110.30, i will hold this position for long term and wait for the target of my take profit previous trades were also floating on GBPUSD from the current price i will open a new order of 0.10 lot size it will have a bearish trend i will do scalping and wait for the next moved then manage my trades to get the pips from market.
      Hai Rose ... USD/JPY continues to move bearish without buyer resistance in the last 3 days. The risk off factor benefited the yen as a safe haven, so the pair dropped and is now still below 110.00. The market continues to hunt for the yen after recent events, especially about the China-USA trade war.

      In terms of fundamentals, there are no news releases from Japan for today. From a technical standpoint, the yen will still be able to strengthen along with the development of trade wars that still haunt the market. USD/JPY is expected to go down.

      currently USD/JPY is around 109.50. Had tested the low at 109.00, but USD/JPY rebounded even though there was no new demand area yet. Resistance is at 111.80 with the supply area at 111.60-111.80. This supply area was declared to be resistant, meaning that it has been tested several times. The possibility of this pair will not test the supply area because the risk off is still strong, it hasn't changed from yesterday. Demand area has not yet been formed, but it is expected to be at 108.80 - 109.00 and is expected to be the next target.


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    7. #1794
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      Quote Originally Posted by SweetRose     
      Hi Friends Greetings and Good Morning To Everyone,
      Yesterday i will analyses the USDJPY pair it will be moved in over sold position and from the current market price of 109.10 i will see the reverse moving pattern and open 1.00 lot size at price of 109.14 from this price level if give resistance breaking at 109.60 then next target will be near to 110.30, i will hold this position for long term and wait for the target of my take profit previous trades were also floating on GBPUSD from the current price i will open a new order of 0.10 lot size it will have a bearish trend i will do scalping and wait for the next moved then manage my trades to get the pips from market.
      Great move on USDJPY this maybe the end of the bearish trend and price may fill the gap that it left behing after the new tariffs announced from US. GBPUSD surprised me to the downside yesterday and the same did the EURUSD pair, seems that trade wars impacted both. Anyway GBP pairs need some more positive news from politics to start buying.


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    9. #1795
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      Quote Originally Posted by SweetRose     
      Hi Friends Greetings and Good Morning To Everyone,
      Yesterday i will analyses the USDJPY pair it will be moved in over sold position and from the current market price of 109.10 i will see the reverse moving pattern and open 1.00 lot size at price of 109.14 from this price level if give resistance breaking at 109.60 then next target will be near to 110.30, i will hold this position for long term and wait for the target of my take profit previous trades were also floating on GBPUSD from the current price i will open a new order of 0.10 lot size it will have a bearish trend i will do scalping and wait for the next moved then manage my trades to get the pips from market.
      I must say it was a well calculated and good decision to buy the pair, from my point of view, i think though the pair is in oversold, the market bias is still bearish so i think it would be better you take what gotten from market and wait for better opportunities to buy or sell the pair


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    11. #1796
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      Quote Originally Posted by SweetRose     
      Hi Friends Greetings and Good Morning To Everyone,
      Yesterday i will analyses the USDJPY pair it will be moved in over sold position and from the current market price of 109.10 i will see the reverse moving pattern and open 1.00 lot size at price of 109.14 from this price level if give resistance breaking at 109.60 then next target will be near to 110.30, i will hold this position for long term and wait for the target of my take profit previous trades were also floating on GBPUSD from the current price i will open a new order of 0.10 lot size it will have a bearish trend i will do scalping and wait for the next moved then manage my trades to get the pips from market.

      Your usd/jpy position going good and give you good profit but your gbp/usd position not going good and give you loss and you use very big lot on this pair hope its move good and back your profit and recover your all loss.
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    13. #1797
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      Hi Friends Greetings and Good Morning To Everyone,
      Yesterday my USDJPY trade will be give good profit of $55 next i will have a floating on GBPUSD pair i will open trades against the trend of market it will be have strongly bearish trend and i have buy orders running from 1.3000, still market current price is near to 1.2910 100 pips down from my trade so i will be wait for next moves and open more trades according to the next moves of market if give resistance at 1.3050 then close my all orders and withdraw this amount and if moving to support then open more buy orders and wait for the pull back in resistance of 1.3060 in this week.
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    14. #1798
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      Quote Originally Posted by SweetRose     
      Hi Friends Greetings and Good Morning To Everyone,
      Yesterday my USDJPY trade will be give good profit of $55 next i will have a floating on GBPUSD pair i will open trades against the trend of market it will be have strongly bearish trend and i have buy orders running from 1.3000, still market current price is near to 1.2910 100 pips down from my trade so i will be wait for next moves and open more trades according to the next moves of market if give resistance at 1.3050 then close my all orders and withdraw this amount and if moving to support then open more buy orders and wait for the pull back in resistance of 1.3060 in this week.

      Sweetrose, I am very sorry to see your loss on GBPUSD pair. Everyone knows about it that GBPUSD pair is most dangerous pair on currency trading, people who has big capital they should only trade on GBPUSD pair.
      With low capital no one should trade on GBPUSD pair. You have big loss now, i am worry now how you recover the loss because i am not looking any sign to make bullish movement, the sign is for bearish movement, Hope for you all the best and you can close your trades with very carefully.
      Last edited by Bitcoinvestor; 05-15-2019 at 01:36 AM.


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      Quote Originally Posted by SweetRose     
      Hi Friends Greetings and Good Morning To Everyone,
      Yesterday my USDJPY trade will be give good profit of $55 next i will have a floating on GBPUSD pair i will open trades against the trend of market it will be have strongly bearish trend and i have buy orders running from 1.3000, still market current price is near to 1.2910 100 pips down from my trade so i will be wait for next moves and open more trades according to the next moves of market if give resistance at 1.3050 then close my all orders and withdraw this amount and if moving to support then open more buy orders and wait for the pull back in resistance of 1.3060 in this week.
      Good Morning to you mate.

      From the last week the pair of GBPUSD making bearish move and right now the pair reaches the very low support level of 1.2900 and I think the pair will make more bearish move today to get lower level of 1.2870 because today the USD currency will strong and GBP currency getting weaker because of Brexit issue, so before the USA session open the pair will continue the downtrend move and I think it can also break the Daily support level of 1.2790 within this week if today after news USD get more power than GBP. But It never going to happen, because sometimes our all technical view become wrong with some major news. So I hope your all trades about GBPUSD pair going to give you some profit within this week.


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      Quote Originally Posted by SweetRose     
      Hi Friends Greetings and Good Morning To Everyone,
      Yesterday my USDJPY trade will be give good profit of $55 next i will have a floating on GBPUSD pair i will open trades against the trend of market it will be have strongly bearish trend and i have buy orders running from 1.3000, still market current price is near to 1.2910 100 pips down from my trade so i will be wait for next moves and open more trades according to the next moves of market if give resistance at 1.3050 then close my all orders and withdraw this amount and if moving to support then open more buy orders and wait for the pull back in resistance of 1.3060 in this week.
      Good morning my friend SweetRose. If i look at daily chart GBPUSD is still trying to move down as it is still showing a down signal and if i look at H4 chart,it also show a down signal too so i think today it will try to move down again but looking at H1 chart it is forming an up signal so i will wait for the pull back that might come before making any sell trade to get a better price. Anyway,good luck to your trading my friend and i hope you can make a good profit today and finally make a withdrawal.


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