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- 43 Results (2 Threads, 41 Replies)
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jykong replied Dec 8, 2009Trade review 12/8/09 — No entry today. Didn't get the setups I wanted and missed the a sick setup on the GBPUSD. But the EURUSD is definitely on its way short. Sorry but I can't write too long today. I have to drive down to Indiana from ...
G's Journal
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jykong replied Dec 8, 2009Wow today's a tense on the EURUSD — Just a random post. Waiting and Waiting for any moves that will indicate a big one. If your trading right now at 4:34 AM EST, then you should be tense. Today is probably going to be the day that desides the ...
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jykong replied Dec 7, 2009GBPUSD Analysis 12/7/09 — GBPUSD's in the same situation. image I'm a bit bull on this, but my only hesitation would be in the H4 chart. image Yes it like a nice ranged bound, but once more, the downward movement looks wayy too scary. To ...
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jykong replied Dec 7, 2009EURUSD Analysis 12/7/09 — EURUSD seems to have gotten easier to read now. So here's my daily analysis. image Daily Chart shows a clear indication that its going to go bull. The pin bar thats been set up for us is very clear on that. The H4 ...
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jykong replied Dec 7, 2009Well, they're different story. Remember that they're huge funds that ranges from million-billion and good chance that they're not leveraging and at the same time playing with other markets. No offense or anything, but I don't believe in EA's. If ...
slippage, spreads and/or commision effect on profits
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jykong replied Dec 7, 2009Semafor — Thats a semafor indicator. It repaints so don't use it. Although its useful for 1-2-3 patterns, I wouldn't use it since it rings every second a price goes above the last high/low
Need Help to identify indicator!
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jykong replied Dec 7, 2009maybe some help — 1. ROI is dependent on the individual. For some people, ROI of 20% is considered low while for some 20% is considered high. I personally believe that 20% ROI Annually is very low for forex if you're leveraging it. eg. I ...
slippage, spreads and/or commision effect on profits
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jykong replied Dec 7, 2009GBPUSD Review 12/6/09 — Even though I didn't enter the Euro, I did manage to enter the GBP USD!!! and man it was well worth it. Here's my reasoning. image This is the same img, but as you can see once more, during last night. There was a bit ...
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jykong replied Dec 7, 2009EURUSD Review 12/6/09 — Didn't enter the Euro today, but still happy that I was right. Since being right = real money in the long run, its always something to keep in mind.
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jykong replied Dec 6, 2009GBPUSD Analysis 12/6/09 — GBPUSD is much better in terms of reading. image The Day chart's GBPUSD is less rangy and not only that, theres still more room for the GBP to move down. Looks like today will be a GBP day. image The H4 also ...
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jykong replied Dec 6, 2009EURUSD Analysis 12/6/09 — I find today really difficult to read. Higher time frame shows Great support at the current price and at the same time the recent sick swing low's a bit scary to go against... The daily chart clearly shows a range. ...
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jykong replied Dec 6, 2009fibs — Videos should be in fxstreet. Those are the only ones I know of that are worth mentioning. http://transcripts.fxstreet.com/fibonacci/ There's nothing serious about fibs. Its primarily used to trace retracements.
success stories
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jykong replied Dec 5, 2009Story — I've been trading for 3 years. During the first 2 years I blew away 3 grand that my uncle gave me for college (not tuition but food, hanging out, etc.). Sad, I know. Then started reading the James16 thread and then opened a demo ...
success stories
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jykong replied Dec 5, 2009Risk Appetite — Risk appetite is essentially how much risk an entity is willing to take. For forex the logic is simple. The US Dollar is considered the safest currency (I personally don't think it is anymore), and because the world considers ...
wtf is risk appetite and how does affect FX
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jykong replied Dec 5, 2009Not a problem — Thanks for your encouragement and good luck to you to.
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jykong replied Dec 4, 2009GBPUSD Review 12/4/09 — I didn't make an entry on the GBPUSD. I can only trade 1 mini lot for now due to my money management plan and since the EURUSD gave a better view on its direction, I decided to focus on the EURUSD.
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jykong replied Dec 4, 2009EURUSD Review 12/3/09 — Had to wait for a long time but finally happened. Patience shows that its the key for making money. Here's my reasoning image image image Short: 1.4940 TP: 1/2 my position on 1.4910, the other 1/2 on 1.4871 of the ...
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jykong replied Dec 3, 2009GBPUSD Analysis 12/3/09 — image I was hoping for a clear direction on the GBPUSD today up/down, but didn't happen. The top trendline held after a short break and the price started moving down. image The H4 gives us a better information on ...
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jykong replied Dec 3, 2009EURUSD Analysis 12/3/09 — image image Ready for a short on the Euro once that right price breaks and pulls back.
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jykong replied Dec 3, 2009Review 12/3/09... — Like I said I'm not planning on trading the EURUSD until it goes back to the bottom trendline and shows signs of weakness or breaks the resistence and pulls back. The GBPUSD also made a unexpected turn when it slide down. ...
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