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karmostaji replied Aug 18, 2012Why deposit the full 100k, why not deposit 25% of it (25k) and trade it as if you are trading 100k, I mean risk whatever % of 100k. If you are consistently making profit, then it shall be fine n even if you started with a bad losing streak, you can ...
Which broker accepts Bank Guarantee for 100K?
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karmostaji replied Aug 18, 2012Weekly Update — Looking at the weekly chart, the candle is closing above the weekly gann and we have to see if QQE is going to cross or not, but anyways it's a bullish sign to me, but we have some resistance ahead of us, 50%, weekly 50ema, and ...
GBP/JPY
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karmostaji replied Aug 17, 2012Bulls look strong and this range is just a breather for the beast before the next push up, and price is ranging between the trendline and resistance @ 124.90
GBP/JPY
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karmostaji replied Aug 17, 2012Trendline acting as support now, I'm expecting 1h QQE to cross back upwards and a 1h candle to close above 1h gann and we shall see 61.8% fibo (126.80) today, but then again it's friday.. expect anything
image GBP/JPY
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karmostaji replied Aug 16, 2012I see the harmonic pattern on 4h/daily but the formation is not completed IMO (I'm no harmonic guru) and to me it will get invalid more likely, but you may be able to grab some pips if GJ retraces a bit. image Long term we might be in a downtrend, ...
GBP/JPY
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karmostaji replied Aug 16, 2012Update — 2nd TP (the trendline) was hit and now price is sitting above the TL, I think GJ needs to take a breather, maybe range a bit, retrace a bit or form a bull flag, and if price remains above 124 then we will have a weekly candle close ...
GBP/JPY
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karmostaji replied Aug 16, 2012You're most welcome, I hope we can all learn a thing or two and grab some green pips along the way

GBP/JPY
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karmostaji replied Aug 16, 2012I see it as well but there is no reason yet to jump in short and if price continues to rise like it is, this pattern will easily be invalid so wait for confirmation before jumping in shorts only because we have a pattern on the chart.
GBP/JPY
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karmostaji replied Aug 16, 2012It's dancing around it lol, looks like it's going to break it, we have some US data in 3hrs, but yeah the pair is in bullish mode until further notice

GBP/JPY
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karmostaji replied Aug 16, 2012Update — As per my analysis, the first TP was hit, and now we are about to hit 2nd TP and watch how it reacts to the trendline, I hope everyone is enjoying the green pips
image GBP/JPY
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karmostaji replied Aug 15, 2012Ofcourse, we are all here to learn and become better traders. Best of luck mate

GBP/JPY
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karmostaji replied Aug 15, 2012Well said Haqu. We definitely have good resistance at 123.90 area, we can clearly see it on a daily/4h chart, will it break? We shall see.
GBP/JPY
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karmostaji replied Aug 15, 2012It all depends on which timeframe you trade, I trade mostly on Daily/4h/1h TF's.
GBP/JPY
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karmostaji replied Aug 15, 2012As long as price remains above 1h/4h gann hilo, I expect it to break.. Gotta have patience n stick to the plan.
GBP/JPY
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karmostaji replied Aug 15, 20121h QQE crossed upwards and a 1h candle closed above gann hilo, and up she goes
image GBP/JPY
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karmostaji replied Aug 15, 2012Daily candle closed above 50ema and resistance we had around 123.20 area, that's good news for bulls image On the 1h chart, we can see price has stalled and ranged a bit and touched DP several times. In the meantime 1h QQE has crossed downwards ...
GBP/JPY
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karmostaji replied Aug 14, 2012Using free margin as a stop? If your free margin reaches zero, you get a margin call. Anyways, IMO very bad idea and very risky aswell. Might work once or twice but eventually account will go bust.
Using free margin as a stop?
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karmostaji replied Aug 14, 2012Experience is your best book
Noob needs to learn more - what books do I need?