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Breeze....Update on GBP/JPY

GREEN pips WAS, IS and WILL always be good regardless if its +1 or +1000 I said in previous post that I always like to get into this kind of trades against the trend after certain price segment movement, that cause some DrawDown and exit ...

Syafi EUR/JPY Trading Journal

got my average price for all entries to 161.80 and exit at 161.85 Stupid counter trend trades.

Syafi EUR/JPY Trading Journal

Missed all my short by few pips today ....... ... Starting to long ... 1 lot 162.10 1 lot 161.84 1 lot 161.50(pending) - canceled because of news. 2 lot 161.15(pending) - got in at 161.18 this is a trade against the trend so only half lot ...

Syafi EUR/JPY Trading Journal

original TP achieved ! but was out much earlier.

Cowboyfx live calls for free, get rich or go broke trying

out of my short for 110 pip ..... canceled the pending order as well.

Cowboyfx live calls for free, get rich or go broke trying

I have new Short to catch retracement for further move down at 162.53

Syafi EUR/JPY Trading Journal

strong move down, new short was missed by 3 pip @ 162.52 because it only retrace 28 pip before heading down again to test the previous low.

Syafi EUR/JPY Trading Journal

good Short is forming, waiting for some pullback to 163..70 before i go Short.

Syafi EUR/JPY Trading Journal

you can contact me using these method.

Syafi EUR/JPY Trading Journal

Today Asian Session was a no Trade.

Syafi EUR/JPY Trading Journal

I am no professional on GJ. I am taking cowboys trades on GBP/JPY.. I use low margin. that wont kill my account even with 9000 pip drawdown. (10k would )

Cowboyfx live calls for free, get rich or go broke trying

This is the position sizing I use which I find quite reasonable for this strategy 1 mini for $4000 account, trading Setup trades therefore, I can have a maximum of 450 pip drawdown for a margin call and only 110 pip movement to be back on ...

Syafi EUR/JPY Trading Journal

Another Setup that I always take, which usually cause a big drawdown but fun to take is After the initial 70 pip movement, I start to take position against the prevailing trend. and add more lot as it goes against me each 10-20 pip .. please note ...

Syafi EUR/JPY Trading Journal

Here are the chart of last night trades.

Syafi EUR/JPY Trading Journal

I will be trading "M" Setup as he has thought me which is really simple. 1- watch for a 70+ pip movement. 2- Wait for 30+ Retracement after the movement 3- Enter on initial direction when it hit 18LWMA 4- Enter more if it hit 21 EMA 5- Enter more on ...

Syafi EUR/JPY Trading Journal

Short GBP/JPY 1st entry 207.50 = 1 lot 2nd entry pending 208.50 = 2 Lot Take profit 205.68

Cowboyfx live calls for free, get rich or go broke trying

So it's simply mean IF we average down our losing trades its a sure way for a margin call and losing account. If we average up our winning trade, we will still have problem. It dont work the other way round ?

Averaging Up your winning trade ?