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PipsMaster23 replied May 7, 2014I am already long EURUSD 1.3915 and GBPJPY 172.25, I also have pending shorts in the market at 1.4050 and 1.4250 for EURUSD, very unlike me to have pending orders but i feel and i have stated almost a month ago that i expect price action to go north ...
EURUSD
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PipsMaster23 replied May 7, 2014Usually i would never comment on someone else methods but i did have a look at your accounts and i see you are trading large lot sizes in comparison to your account balance... you should be on micro lots and nano lots if there is such a thing, your ...
EURUSD
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PipsMaster23 replied May 7, 2014Above 172.64 it will most likely retest the 172.95 levels... with Yellen today and ECB tomorrow it could get the push it needs to break these levels... Also, in accordance to my analysis the trend is up.
Geppy's Geppy Thread (GBP/JPY)
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PipsMaster23 replied May 7, 2014My entry was 172.25 - Nice move of price in my favor... stops now in place at BE+2 , will move them with every increment of +25 pips till i reach my TP target 173.15 Happy Trading
Geppy's Geppy Thread (GBP/JPY)
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PipsMaster23 replied May 7, 2014For the gent asking about these stop losses... now i move my stops at BE+2 and if market carries on being nice to me i will increase with every 25 pip increment. Hope this now clarifies my trading approach!
EURUSD
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PipsMaster23 replied May 7, 2014Entered long from current levels with initial 1st target 173.15 and 174.00 in extension.
Geppy's Geppy Thread (GBP/JPY)
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PipsMaster23 replied May 7, 2014I dont call them stop losses too negative, emergency exits if needed is how i refer them, mentally! Reason i have them mentally is because in case of bad direction of trades i hedge with a CFD or option. Please explain why so funny?
EURUSD
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PipsMaster23 replied May 7, 2014Morning everyone... Back in long EURUSD 1.3917 , 1st TP 1.40/.50 will see as we approach... overall target 1.42 Long GBPJPY 172.25, Target 173.20 and 1.7450 Happy Trading to all!
EURUSD
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PipsMaster23 replied May 6, 20141.3930 should be target anything above this level i will wait for a retrace to enter long... Im still flat and its hurting me to see that thus far my predictions were correct but i was totally out in regards to time analysis. Not complaining though, ...
EURUSD
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PipsMaster23 replied May 2, 2014Such a good number and only a 35-40 pip move... something wrong??? Going long could pay dividends... Anyway, that move has me ALL out on all positions, now flat. Will start again next week... take care all!
EURUSD
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PipsMaster23 replied May 2, 2014How about an OK/good NFP number and a rise in Unemployment... now that would trigger some Mega knee jerk... if that happens we could see 1.38 and then back up to 1.39 + Whatever happens and whatever is the number 1.3780 will hold strong initially ...
EURUSD
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PipsMaster23 replied Apr 30, 20141.69 touched will start the unwinding on my GBP position as of now, also have a bearish butterfly pattern at this point on 4hr chart, not that i take too much notice but thought id give it a mention. Emergency Stops now placed at 1.6829 Entry VWAP= ...
EURUSD
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PipsMaster23 replied Apr 30, 2014Yellen came in with all guns blazing (this was when EURUSD was trading at 1.3930 and dropped towards 1.3630, but my take is that she had to come in like that and present herself in this manner... My opinion now is that market has now accepted her ...
EURUSD
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PipsMaster23 replied Apr 30, 2014Ranging in the sense of what? Short term? yes i would agree although short term is classed from 2-3 days up to 1 month right? OTherwise, the trend is up on medium term, on my charts and analysis it is anyway.
EURUSD
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PipsMaster23 replied Apr 30, 2014Simple... Trend is up! Bad news such as the one your referring to just cause knee jerk reactions within the market. Trade with the trend!
EURUSD