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jayjb replied Jan 31, 2012higher tfs that's where the real trend runs, where the retail traders mostly hide from, where the big boys ride the wave and with the least amount of noise, signals are rare - about 1 to 4 per week or even none but sometimes even 8 if you ignore ...
What is your weekly return?
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jayjb replied Jan 31, 2012Forex isn't exact science, do you think a can of 330ml coke has exactly 330.00ml of coke? What people do is study PA around fib levels, if a reversal candles occurs. Bam! the level has held Ever seen reversal pin on fib 38 with the low reaching way ...
Fibs 61.8% - Level of Significance
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jayjb replied Jan 31, 2012entered short at 1.5790 TP: 80 pips, lock in at 40 pips
Cable Update (GBPUSD)
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jayjb replied Jan 30, 2012It's greed that caused profitable system to become unprofitable. For a period of time, i only traded h4 and daily chart for 100 to 120pips, i was able to capture an average of 10% returns over 15 weeks Well, it all changed when i wanted more, i ...
What is your weekly return?
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jayjb replied Jan 30, 2012Indeed, a proper channel dip would see 1.0480 as a ideal zone to buy But we'll have to see how this channel turns out
AUD/USD
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jayjb replied Jan 27, 2012Psych level 1.05 holding like moscow's defense line. (pun intended) I think the rumours about russia looking to buy aud has helped held this level.
AUD/USD
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jayjb replied Jan 26, 2012my charts are telling to short at 1.07 but being an uptrend channel, i will only buy on dips.. still waiting for 1.07 to close my longs
AUD/USD
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jayjb replied Jan 26, 2012Averaging down has helped me a lot, and even posted profits at times. But just make sure you're not over leveraging lest you invoke a margin call. You should be an analysis to determine getting a SL is better or averaging since you wouldn't wanna ...
AUD/USD
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jayjb replied Jan 26, 2012Bearish gartley.. Seems legit, i do have upcoming bear line at 1.07 with room down to 1.0540.
AUD/USD
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jayjb replied Jan 26, 2012these days shorting aud isn't a good idea anymore because of EURAUD higher tfs are all pointing to uptrend though we might meet some bearish movements around 1.07, still it has to break the bull line
AUD/USD
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jayjb replied Jan 26, 2012bounce off 1.3097 which is a old number from 2010 hoping to see 1.36 to short or might just possibly jump in a short at 1.33xx
EURUSD