gbpusd trade — Hi Jay, I'm going in GBPUSD long, risk 3%, 4h chart, no SL and no TP at the moment. Entry at .5717. This pair needs pips to play with. S2 and S3 are in play at .5701 and .5641 to back us up. I'm taking a 1% extra position to ...

My own developed benkyalate system

Hi jay, since it's a test of this pair, I'm not incline to call anyting at the moment since it's price action has me suprised every day. The problem is that I don't see any ceiling to it... I'm on the sidelines at the moment since no opportunities ...

My own developed benkyalate system

Yes, it comes with the COG

My own developed benkyalate system

Hi aser, same here, no setups this week yet BigMike

My own developed benkyalate system

Hi Jay, By survival kit as you figured it out, I mean many possibilities, here are a few examples I used quite often and succeeded: a- if it's a big week with many entries, I then dilute my losing positions with the other big winners to stay in ...

My own developed benkyalate system

Ok, weekly update. Closed CAD for +55 pips. It' Friday and keeping what it gave me. I should have closed at S3 but this is not a should and would thread... Closed a cable trade for +240 pips but I think this was an after fact entry and did not log ...

My own developed benkyalate system

Hi Jay, I'm with you ! BigMike

My own developed benkyalate system

Overdure Update — I should have updated earlier, but since I trade COG on 4h and Daily, there are long boring periods interupted by a few exciting entries, trade management and exits. Ok, first the EURCAD trade is in the crapper: -384 pips on ...

My own developed benkyalate system

thanks geo ! Will see. This one should develop fast: bounced on R3, timing and red zone all there and it's on a friday dumping/liquidation/profit taking spike. BigMike

My own developed benkyalate system

CAD Trade — I will take a trade on CAD, 4H, 2% risk, @.0328, short. Pip it Up !

My own developed benkyalate system

Recap — Well this week was not too bad, much better if you trade smaller Tf, reversals and breakouts, which is not my cup of tea, but must have been very good I'm sure ! A loss on aussie Gap trade -72pips and a few good jpy and nzd trades but ...

My own developed benkyalate system

Yes Aser, BOJ gave us a jab ! Will see about that eurcad test, trying to figure out a way to manage it. BigMike

My own developed benkyalate system

eurcad test — I'm taking another position short on eurcad 4H at .3337. Retail Sales news has made it's moves. Pip it Up !

My own developed benkyalate system

Well put Aser. BigMike

My own developed benkyalate system

Aussie trade Stopped out — Well the Aussie Gap trade got stopped out at .9420... More trades to come. BigMike

My own developed benkyalate system

Hi geo, I dont see anything close to a trade on 4H and Daily on my charts. Could you post the chart so we could have a look and wich broker is important. Support at Dec.09 nearest low that is all I've got. Cheers, BigMike

My own developed benkyalate system

AUDUSD Gap Trade — Hi all, I know I should not post trades other than Belkhayate trades here but, I will and if not appreciated by others, if it is removed, I'll undersatnd. Ok we have a nice Gap trade. Short Aussie at .9348, SL .9420, TP ...

My own developed benkyalate system

EURCAD Short — Hi Jay, I'm trying EURCAD Short, 4H, 1%(200 pips mental SL) at .3224, no SL, no TP at the moment. Next big psycho resistance is at .3300 so we have some breathing space. The reason I took it short on the 4H is that it is ...

My own developed benkyalate system

Hi Jay, nice trade ! I see the same as you, short 4H and still not sure on Daily. Nice pips aser. To all, please post entry prices etc... when taking the trades. BigMike

My own developed benkyalate system

Thanks Jay. Your EURCAD question caught my interest on that beast ! If we had not been friday I would have taken that trade, good setup. My other concern of staying on the sidelines was which psychological resistance level would hold up: the .3100 ...

My own developed benkyalate system