Anyhow, GJ still down.

Spongebob's VS GBP/JPY Journal

Good , myself made on GJ, lost on EU, net gain only 20+.

Spongebob's VS GBP/JPY Journal

"Choose a good PROJECTOR model", it means choose the reliable and trustworthy combination of indicators so that they are able to project the movement. Those who only depend on one indicator will loss out in the forex market. You just think, if one ...

Spongebob's VS GBP/JPY Journal

Those day, when I see the rate jumping up/down, my heart also jumping up/down. After one year plus of study, the situation has changed, just observe the changes quietly, working on the likelihood of next move (path). Polishing the indicators and ...

Spongebob's VS GBP/JPY Journal

SL triggered, lost 15 pips.

Spongebob's VS GBP/JPY Journal

The problem now is that all the waves are very small, but this also means that they are accumulating energy to blash a big wave.

Spongebob's VS GBP/JPY Journal

GJ short, have added few lots.

Spongebob's VS GBP/JPY Journal

EU long: 1.36071; target: 1.373; SL 1.365

Spongebob's VS GBP/JPY Journal

I just write and write when I think of something. From my observation, E&G take turn strong and U&J turn weak. Not sure which one will come first at this moment.

Spongebob's VS GBP/JPY Journal

The Big Boys know all the news few days before it was published. How they build a faulty sinario on the opposite side to trap people?? They also need time to dispose at the most profitable level. How are u safe guard yourself not be trapped?? So, ...

Spongebob's VS GBP/JPY Journal

How to handle a lost trade??? My opinions are as below. 1. SL, how much?? 2. Switch to reverse direction. 3. Hedge: equal, reduce or increase size?? 4. Fight: add on; same or increase size?? No absolute answer, all depend it relative position and ...

Spongebob's VS GBP/JPY Journal

My target is still 100+ a day. So far so good, successful rate is more than 70%. This is because I work hard. From 3 charts to 5 charts; from one currency pair to 6 pairs...... I am working toward these & appear every day, week ...

Spongebob's VS GBP/JPY Journal

Those learnt in the past, double bottom, head & shoudle...... the true rates have reduced a lot. U can see it appears in the H1, H4, D1 charts very often, how many of them are true??? How to over come this problem??? What I know is that ...

Spongebob's VS GBP/JPY Journal

I hv a thinking suddenly, what can we get from G, become lesser and lesser. Those countries who dont love (responsibility) their own currency, it means that the market is playing a hot potato game (no one want to hold it for long term, always find a ...

Spongebob's VS GBP/JPY Journal

Not sure where u get this reference, I will observe, but I dont think it has relevent. Those brokers are just like me, they hv to trade everyday to generate income. What we do is just reading their mind.

Spongebob's VS GBP/JPY Journal

It is complicated, the above mentioned is still not enough, still need to cross reference to other currencies. My grouping is U, J, E & G. they take turn.

Spongebob's VS GBP/JPY Journal

May be can do with 4 TF M5, M15, H1 and H4. The 3 indicates must be able to compare their values/position to make decision.

Spongebob's VS GBP/JPY Journal

Since I'm a full time trader, hv to think of a way to trade, no trade means no income. How to ensure dont trade in a lost, all the forex participants would like to find out.

Spongebob's VS GBP/JPY Journal

Today EU again about 200 upips. With fight, it means add on. This is risky, only pactice with the conditions allowed. But, no good in GJ, still fighting.

Spongebob's VS GBP/JPY Journal

Yesterday U weak, Today G strong, how about next.

Spongebob's VS GBP/JPY Journal