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- Cowboy11 replied Feb 18, 2011
Somewhere mid last year, noticed that the range had became very narrow, to accurately capatual the entry and exit point is not easy. The only way I can think off is reduce the scale of investment by 1/4. So can hold longer and reduce the tention.
Spongebob's VS GBP/JPY Journal
- Cowboy11 replied Feb 18, 2011
Miss out one things, it has to take 3 indicates as well.
Spongebob's VS GBP/JPY Journal
- Cowboy11 replied Feb 18, 2011
A & D are the currencies I dont apply short. After harvest, place a buy limit on an appropriate level, wait for triggered and harvest.
Spongebob's VS GBP/JPY Journal
- Cowboy11 replied Feb 18, 2011
All the economy crisises were due to WTO. America people is lazy and greedy, always think of making easy/quick money to sustain their luxury life style. When their goods have saturated in her country, she formed WTO, force others country to open ...
Spongebob's VS GBP/JPY Journal
- Cowboy11 replied Feb 17, 2011
All the robot programs only run on one TF, any of you who is able to write a robot program cross 5 TF charts. Hv to be smart, switching from one TF to the TF when meet conditions. when to Enter/Exit. I am prepare to work together.
Spongebob's VS GBP/JPY Journal
- Cowboy11 replied Feb 17, 2011
Oh! My god, my AJ also harvest 70+ after 3 days. Meet 100+ a day target.

Spongebob's VS GBP/JPY Journal
- Cowboy11 replied Feb 17, 2011
More and more countries said no to USD. For major project, they rather use either parties currency or in exchange of others RM or services. Believe that very soon, those commodities trade in USD will be able to trade in alternative currency. As a ...
Spongebob's VS GBP/JPY Journal
- Cowboy11 replied Feb 17, 2011
Today is a lousy day. Make few mistakes. 1. Entry timing, too early. Lack of patient, should wait the chart completely matual. 2. Sequence of E and U. Should be reverse, U weak than only E strong. If not because the 1st mistake, the sequence will be ...
Spongebob's VS GBP/JPY Journal
- Cowboy11 replied Feb 17, 2011
G supports U and U supports G, both currencies look bullish, actually just a trap. Need to be very careful. For G and U, can only apply hit and run strategy.
Spongebob's VS GBP/JPY Journal
- Cowboy11 replied Feb 17, 2011
It is safe to fight at this level, if E fail to turn strong, next on the sequence is U turn weak.
Spongebob's VS GBP/JPY Journal
- Cowboy11 replied Feb 17, 2011
Look like the trend/sequence are just as what I observed. E is key currency in this round, towards strong.
Spongebob's VS GBP/JPY Journal
- Cowboy11 replied Feb 17, 2011
Wrong timing, can go long on EU and short on GJ now.
Spongebob's VS GBP/JPY Journal
- Cowboy11 replied Feb 16, 2011
From what was announed on US budget, US has an evil thinking in mind, continue to flood the market with USD. The more you hold, the more you have to support USD. No sincerity on improving their financial situation. Talk about 10 years reduce by xxx, ...
Spongebob's VS GBP/JPY Journal
- Cowboy11 replied Feb 16, 2011
It is a very tough fight today. Finally made 140 pips long EG 60 pips short GJ 30 pips (should be more, SL of 2 trades was triggered, lost 26 pips, net 30+ still not bad) long EU 50 pips Some time I set SL and some time dont. When the confident is ...
Spongebob's VS GBP/JPY Journal
- Cowboy11 replied Feb 16, 2011
From my observation, what the "Big Boy" do is that, they will wash away all those who set TS before they really move on. The washing is very fast, some time in lesser than 5 minutes. By doing this, there are few advantages: 1. Wash away those ...
Spongebob's VS GBP/JPY Journal
- Cowboy11 replied Feb 16, 2011
Above is last Thurday message. Only know there is one wave missing, it turn out a big wave. Not sure whether this is the last wave at this moment, to be determine later.
Spongebob's VS GBP/JPY Journal
- Cowboy11 replied Feb 16, 2011
Hi Micro, My experience told me that TS is a function which dont bring you profit, when the setting is small, very often you will find it triggered your TS before it move on. If the setting is too big, it becomes meaningless or unable to make profit. ...
Spongebob's VS GBP/JPY Journal