Quote:
Quote from Smurfie:
Hey Forexgreenland
All trends from the monthly to the 5m timeframe are down. Why do you see an up-gap coming?
In other words, on what do you base your decision?
Cheers,
Smurf
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Hi Smurf, the up gap is not really the issue here..Price pleased us with some lyrical
teasers.
We jus chilling.. when we popped the cable glass ceiling..like an epiphany..me and
traderji..
I based my decision due to the ''market tells''..shown on those charts..mon ami..Like I said
earlier, price was at its BUY WINDOW...MACD showing bullish divergence,123 pattern,etc..As
you go along, you'll see why I based my decision on a long call, instead of a short..
Quote:
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Originally Posted by jeff15
In the name of the lord most merciful,
Nice thread forexgreenland. Week begins with the pound 13 percent drop against the dollar
and 8 percentagainst the euro . British banks are shrinking foreign borrowings .A weaker
currency is being recommended.
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Maybe, jeff15...maybe..
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Originally Posted by betard 75367
Bearish gap, filled and bounced off your entry point (resistance area).
Looked like a good place to short rather than long but i was sleeping. If there had been a
bullish gap then that looked like a good long trade though (bounce off support). Look
forward to hearing more.
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Yes, betard, I like that word ..''bounced off entry point''..like bouncy balls..At that
particular time, it looked good to short..and we got stopped out twice..
In retrospect, that might not really look like a good place to short, except for the
SCALPERS..Like Ninjas,they move in stealth, with each breath..never make their presence
felt..Price on the GBPUSD opened this Monday morning @ 1.4671..made a low of 1.4656..just 15
pips..removing 5 to 6 pip spread reduces it further..Though there was not a bullish gap in
the early hours of this morning, but a bearish gap on the open, it was just the precursor of
good times in the bullish sides..
Quote:
Originally Posted by Anonymous
Wow nice call today! I must be honest after been stop out twice the
third time I was not very condident with the trade and took+ 20 pips, if I had wait I should
grabe +200pips.... thx Stalion
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It was like 382 pips,mon ami...close to $400 minilot..$4000 standard lot on monday..But we
got stopped out twice at 65 pips each...making a total loss of 130 pips..Subtract that from
382 pips, we get net profit of 252 pips(excluding pip spread /or charges.)..But remember, we
lost twice before we can arrive at our net profit..Such is life...If Thomas Edison can fail
a thousand times before dicovering the icandescent lamp, why are we traders soo skeptical to
losses.. Every single trade does not have to be a masterpiece..
Quote:
Originally Posted by delvia_saputri
forexgreenland, I will be here with you to check the
daily analysis and strategic tips of forex.. i hope you post such this info continuously ...
I will learn more and more..
Thanks forexgreenland
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No probs, delv..We all learn and earn more and more...
[quote=technamental;000002]So.. where are these other guys you are talking to?
Just google ''forexgreenland''