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- Henry2501 replied May 17, 2019
Hello Moty Yes thats why i am long already on GBPUSD. Then if it drops a bit lower i will enter another long.
- Henry2501 replied May 17, 2019
Good Morning Traders. I have to apologize i haven't been here in nearly 2 weeks. i think. I haven't traded much been busy with business so i am a bit behind on trading this month. This is my outcome for the day. I see i missed a long downtrend ...
- Henry2501 replied May 6, 2019
It seems like 1.30200 area is going to become the new supply zone. I am staying short for now but will see what happens at the 1.30200 level. In my books this move was just a bit to big to take serious. Feels like a fools trap to me. This last push ...
- Henry2501 replied May 6, 2019
[quote=Paul6555;12256330] Yes you can. please note that these moving averages is set to only be used on the 4 hour chart. No lower time frame. I am a longterm trader meaning my trades can last for days sometimes even months. on your mt4 platform on ...
- Henry2501 replied May 6, 2019
Today is going to be a Dusi and maybe tomorrow. A lot of Gaps across all markets. Especially JPY pairs There is going to be random corrections and could mean nice small profits for all the scalpers. A quick google shows Trump and China is at it ...
- Henry2501 replied May 3, 2019
Well this was very interesting. Someone put a rocket under the Bull's a$$ I went short at 1.31609 TP at level 1.29800 Now peeps this is a dangerous trade. With this much momentum she might push through the 1.316 level 1.316 level is a key level - ...
- Henry2501 replied May 3, 2019
I can but every currency on my system works with a different moving average, Its confusing but it took me a long time to work out. Its just a standard moving average that i use on a 4hour timeframe. Nothing lower than that. I will upload the ...
- Henry2501 replied May 3, 2019
Hello Peeps sorry i was out all day. i see i missed a nice Push of the 50% retracement on 4hour, Agg well there will be more in the future. Hope someone here caught it. Well i am not trading anything this late on a friday, My Short GBP orders was ...
- Henry2501 replied May 3, 2019
or the markets might stay dead flat today until just before NFP this afternoon. Seeing that everyone here is news traders.
- Henry2501 replied May 3, 2019
Good Morning I am still short on the GBPUSD. Be aware there is a key resistance level at 1.2982 area.A 50% Fib retracement. If she reach this area there might be a strong bounce from there. If she breaks expect to hit 1.29000 area image
- Henry2501 replied May 2, 2019
Yes thats my believe too. Thats why for years now i dont trade news at all. I dont even look at it. It made me a better trader. The markets will do what it wants to do. Their favourite is to bring out good news then the gbp drops like a stone. Its ...
- Henry2501 replied May 2, 2019
Added another short target is still 1.2885 area. I like the fact that the bulls lost their urge to buy-Maybe they realized the earth is flat so they jumped of the edge ...
- Henry2501 replied May 2, 2019
GooD Morning Please be careful on the GBP if you went short last night. There seem to be a strong resistance at 1.30422 area. I am hanging on to my short trades for now. If you worried and you shorted with me last night then please bring your stop ...
- Henry2501 replied May 1, 2019
Heres a simple example. Never under estimate the power of a simple Exponential moving average. No need for fancy indicators. Notice all the old trades. Always taking profit at the Yellow moving average. You trade towards it or away from it. That ...
- Henry2501 replied May 1, 2019
Well that was disappointing. 30pips Wheres the day the FOMC meetings made a 100-200pip move. Thought it would be a nice quick move. Ag well so much for news trading. Thats why i dont bother with news anymore. Its just noise. Regardless what the FOMC ...
- Henry2501 replied May 1, 2019
Did not know there is FOMC meetings. I dont trade the news only charts but thanks for the heads-up. Might be an interesting outcome. A quick profit taking scenario.
- Henry2501 replied May 1, 2019
Dont give up Essei but like Theoak said. Walk away for now. Reset your emotions and start again. We all fall in that emotional trap believe me it never goes away. Thats just what we as humans do we get emotional. That is normal. With trading you ...
- Henry2501 replied May 1, 2019
I am short GBP at 1.30817 TP target area 1.28850, Just be careful there can be small push up here, My trading style allows for a bit of a draw down.
- Henry2501 replied May 1, 2019
First of all dont find a decent system. Make your own. its easyer than finding one. Plus you always have to addapt to markets. Second question is thats up to you. If you work at it slowely you can make a good living of it. That also depends on your ...