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- JourneyLife replied Dec 28, 2023
From the medium TL to the long-term LT. Will it hold?
- JourneyLife replied Dec 27, 2023
I had to re-read their "Rules of Engagement". You said, "I don't see how one can succeed with making 29 trades and perfect "risk" size on every trade given the lot sizes". According to their website, it says, "Lux Trading Firm Traders need to have ...
- JourneyLife replied Nov 29, 2023
FX Daily: Too early for a move above 1.10 | Article | ING Think
- JourneyLife replied Nov 28, 2023
It does not matter if it is a long time ago. When you trade free-floating currencies, you will get stopped out eventually. If you trade a currency that is not a free-floating currency, like USDHKD, then you have a better chance of a 10,000 pip stop ...
- JourneyLife replied Nov 28, 2023
Here is a chart of GBPUSD in the 1980s. It went down over 10,000 pips. Straight down. IF you kept buying it, then you would lose.
- JourneyLife replied Nov 28, 2023
The weekly currency strength meter says it all: It is not time to short GBPUSD. USD is so weak!
- JourneyLife replied Nov 27, 2023
Next GBP/USD wave up!
- JourneyLife replied Nov 26, 2023
EURUSD to 1.10
- JourneyLife replied Nov 25, 2023
We can, also, wait for the daily MACD to cross below the signal line. That will show that there is slowing momentum.
- JourneyLife replied Nov 23, 2023
It is November 23, 20023. The Turkish central bank had its monetary policy meeting. It is over. Long live the bull market in USDTRY.
- JourneyLife replied Nov 22, 2023
Waiting for a bullish sign from the USD Bearish candles getting smaller. Cloud support is right below. Prices still bullish for the USD intraday. Any bullish candle is a buy from here.
- JourneyLife replied Nov 22, 2023
Some important economic data points coming out in about 12 hours from the EU and the UK. Maybe Asia's session or the European session, the price will keep fluctuating downward.
- JourneyLife replied Nov 22, 2023
pullback to resistance...
- JourneyLife replied Nov 22, 2023
Trying to fight the trend in USD/TRY is like standing in front of a herd. Going forward, the outcome will be bullish for the USD. I have about 2,663,000 units in it. If it falls down just 2%, then I will buy more.
- JourneyLife replied Nov 21, 2023
1 minute at breaking point...
- JourneyLife replied Nov 21, 2023
GBPUSD is still bullish intraday; however, please watch. 1.2590. That is an area that banks are looking at. Watch that area for a rejection if the price reaches there. There it may peak.
- JourneyLife replied Nov 21, 2023
UJ is still bullish. It hit record extremes and is a buy.
- JourneyLife replied Nov 21, 2023
GBPUSD is still orgasmic. Wait for it to break 1.2520.
- JourneyLife replied Nov 21, 2023
My hedge long just got stopped out. So, I am short now in EURUSD:
- JourneyLife replied Nov 21, 2023
6% or less of non-financial people are trading forex. All the rules about retail liquidity versus smart money are meaningless. Institutions are really trading against each other. They do not care about your liquidity. The only person that needs your ...