Good calls Dedas. I took profit on first swissie position + 84. Entry filled at .9056, first TP hit at .9140. 2 other positions still open with SL at BE. They are at .9190 at the moment for +134 each. I'm targeting .9250 - .9350 for the other 2 ...

Mfinab Trading Journal of FX market

Hi dedas, Martingale is a roulette strategy that consists in doubling a bet after a lost until a win. Some taders use that with minuscule positions, however on the long run it is suicidal. Oh ok about adding a position after TP1, my miss ! About ...

Mfinab Trading Journal of FX market

Dedas, No offense but don't martingale your trades. You will get hurt. If it's not of my business let me know I can take it ! I've thrown a few punches here and there, that is why I'm called "Mr.Wonderful" ! hmmm I reread your post and I think you ...

Mfinab Trading Journal of FX market

Hi Mfinab, Plenty of setups ahead, only 2 losses at 2% it's nothing. Don't let any martingale strategy pressure you, we all know what they end up like ! BigMike

Mfinab Trading Journal of FX market

Hi aser, I do not trade this pair so I really can't help you on that one, sorry... BigMike

My own developed benkyalate system

Hi rb, My Cable trade was closed at .9260 on retrace for the last remaining 2 positions. Classic good swing trade. Sorry, I thought you had taken that cable short, my miss. To my eyes it seems more like a consolidation before the next move. But I ...

My own developed benkyalate system

LOLLLLL Mark ! I agree with you 100%. These same "analysts" predicted 20 times the last 2 crisis ! That says it all. BigMike

My own developed benkyalate system

Hi rb, I was wrong and you were right on this one. I'm still waiting for confirmation on daily, so I hope it drops and make tons of pips. Although my entry rules were not there yet... Pip it Up ! BigMike

My own developed benkyalate system

Hi rb. Here are some ideas, but I don't want to go in details, I'm not patient as a teacher. Check the volume, pivots, sma's and you will get the feel of it. COG is an active indicator, some bozo's say it repaints. Of course it repaints it's an ...

My own developed benkyalate system

Hi Mfinab, Losses are part of the game. More setups to come. Keep up you great calls. BigMike

Mfinab Trading Journal of FX market

Hi rb, I'm still in that trade and added positions at .5985 on retrace, it will continue as we speak, unless big news or giant selloff. Tighten your SL to lowest previous couple of candles to protect profits like .6290. Possible targets are .6459, ...

My own developed benkyalate system

Hi Foreign Mark, I appreciate the kind words. I might sound tough and ruthless, but Forex is 100 times worse and many don't realize that untill they blow a few accounts. What you were trying with 20% risk is normal, I did that too at some time and ...

My own developed benkyalate system

Well put aser, I like the spoonfed analogy ! Cheers, BigMike

My own developed benkyalate system

Loll ron, I'm happy I've made you grin or smile ! The original from Mr.Belkhayate's distributor I think his name is Serge Dumoulin. It's 99$, and I'm not for copies of any sort. Oan has nothing to do with it. Hope this helps. Pip it Up ! BigMike

My own developed benkyalate system

Hi ron, I have 6 years of trading Forex exclusively. I use COG since over 18 months now. Plus a few indicators. I bought the original version and learned the original way to trade with it. I'm a swing/long term trader. (4H and Daily) It is ...

My own developed benkyalate system

Hi Mfinab, I'm here ! Keep up the great calls ! Pip it Up ! BigMike

Mfinab Trading Journal of FX market

Hi mfinab, Let me know about your thread please. Thanks BigMike

The ART of trading by Petar_Serbia

I second that. BigMike

The ART of trading by Petar_Serbia

Hi mfinab, Congrats again on the CAD trade. Pip it Up ! Big Mike

The ART of trading by Petar_Serbia

Hi Dedas, As a swing/long term trader I still see UJ approaching to it's long time low of 79.75 in april 1995. Yen has defied gravity even with massive BOJ multiple spontanious interventions. So is EJ at 88.90 in oct.1999. And GJ at 118.80 jan. ...

The ART of trading by Petar_Serbia