[Review of Strategic Tips on Forex Signals In Forex Forums]

[09:02:51 21/04/09] Stalion : we put a buy stop on GBPUSD @ 1.4574...1st target @

 

1.4613...2nd target @ 1.4645...stop loss @ 1.4510..

[09:03:08 21/04/09] fxjedi : hi stal

 

[20:59:09 21/04/09] Stalion : hi paul

 

[20:59:50 21/04/09] Stalion : do we trade da retracement?

 

[21:00:56 21/04/09] Stalion : sell 1.4662..1st target @ 1.4615...2nd target @ 1.4560

 

[21:01:31 21/04/09] Stalion : stop loss @ 1.4710

 

[22:57:24 21/04/09] Paulfx : hi stallion, did you get my email?

 

[23:31:44 21/04/09] Paulfx : my question was regarding how you are calculating retracement

 

[23:32:02 21/04/09] Paulfx : on the call you posted not too long ago

 

[10:07:47 22/04/09] Stalion : helloo Paul...

 

[10:09:56 22/04/09] Stalion : total of about 102 pips made to 2nd target around the early

 

hours of this morning

 

http://i62.servimg.com/u/f62/11/82/15/01/traded10.gif

 

[10:11:38 22/04/09] Learning_pips : hi stal

 

[10:19:46 22/04/09] Stalion : helloo LP....

 

[10:24:11 22/04/09] Learning_pips : I see so if the price moves the opp direction and then

 

moves agian in the direction of the call we are supposed to re-enter??

 

[10:27:00 22/04/09] Stalion : more often than not, LP...it depends...if the charts show its

 

a high probability thing, we reenter..

 

[10:28:36 22/04/09] Stalion : there are also times where you reenter but get stopped out

 

again and again..most times, it coz price is trying to shake off the weak hands with as few

traders to its target...

 

[10:28:39 22/04/09] Learning_pips : cool

 

[10:29:22 22/04/09] Stalion : while most times, we are just simply wrong..maybe due to range

 

consolidation

 

[10:29:41 22/04/09] Learning_pips : hmm

 

[10:29:44 22/04/09] Stalion : or some other technical/fundamental reason

 

[10:30:23 22/04/09] Learning_pips : because I have often seen the calls are absolutely spot

 

on targets but sometimes its the timing thats different

 

[10:30:41 22/04/09] Learning_pips : I am talking about my own calls

 

[10:31:06 22/04/09] Learning_pips : sometimes even urs too

 

[10:32:07 22/04/09] Stalion : wrong timing....wrong entries....

 

[10:32:45 22/04/09] Stalion : right timing, right entries

 

[10:32:53 22/04/09] Learning_pips : hmm

 

[10:34:44 22/04/09] Learning_pips : i still have some understanding on levels and price but

 

timing wise not that good

 

[10:35:44 22/04/09] Learning_pips : hammer on 15min gbpusd around last support area

 

[10:44:20 22/04/09] Learning_pips : stal i hv entered buy with a stop on the hammers low

 

[10:44:45 22/04/09] Stalion : buy stop on GBPUSD @ 1.4575..1st target @ 14595..2nd target @

 

14609,,,

 

 

[10:46:49 22/04/09] Stalion : sl @ 1.4521

 

[10:55:54 22/04/09] Paulfx : stal great call i was in it but didnt get alll the pips...

 

still ok took profit and no sl

 

[10:56:03 22/04/09] Paulfx : morning lp

 

[10:58:27 22/04/09] Learning_pips : hw s it goin

 

[10:59:39 22/04/09] Stalion : helloo Paul...

 

[10:59:44 22/04/09] Paulfx : its always great in the land of profits

 

[11:00:10 22/04/09] Stalion : am preparing a response to your question for general

 

edification...

 

[11:00:37 22/04/09] Paulfx : ok thank you! young grasshopper eager to learn!

 

[11:01:05 22/04/09] Stalion : Greenland...the Land of Profits...nice connotation, Paul...

 

[11:01:53 22/04/09] Stalion : the time of profits or success is when ur most

 

vulnerable....you can fall if no proper risk mgt

 

[11:02:18 22/04/09] Stalion : and overconfidence

 

[11:02:36 22/04/09] Paulfx : yes it is- fear and greed

 

[11:03:07 22/04/09] Stalion : hmmmm...

 

[11:09:13 22/04/09] Paulfx : i was asleep to reenter for that gbp call last night, would

 

have been another good play but like you and LP were talking about earlier could have been

 

stopped out

 

[11:15:03 22/04/09] Paulfx : would it be wise to make a play on the retracement?

 

[11:15:04 22/04/09] Stalion : maybe you could trying pulling the trigger, then ask some

 

incisive questions later...got ur question thru pm less than an hour after sending the

 

gbpusd call last night...the opportunity lay waiting for hrs before finally going down

 

around 0300 GMT....you had time ,Paul...but you hesistated

 

[11:16:03 22/04/09] Learning_pips : second target reached

 

[11:16:09 22/04/09] Paulfx : ok... wow... obviously not!

 

[11:16:31 22/04/09] Paulfx : now that is what i call momentum!

 

[11:16:43 22/04/09] Stalion : 1st target hit....@ 14595....current price now 1.4610

 

http://i62.servimg.com/u/f62/11/82/15/01/traded11.gif

 

[11:16:47 22/04/09] Learning_pips : wow it was so quick

 

[11:17:15 22/04/09] Stalion : dats intraday trading for you, Paul

 

[11:17:25 22/04/09] Stalion : did you enter?

 

[11:17:28 22/04/09] Learning_pips : i closed out with 33pips

 

[11:18:40 22/04/09] Paulfx : yes

 

[11:19:28 22/04/09] Stalion : cool

 

 

 

 

How are you basing the retracement? I am looking on the hour chart and

 

seeing a low of 1.4466 04/21 00:00h and a high of 1.4707 04/21 16:00h. Are those figures

 

correct? Also, are we looking to retrace to what level? 60% 1.4614 about? Thank

 

you,

 

Helloo Paul, I assume you are taking about the GBPSD call made in the early hours of the

 

morning..Those first set of figures are correct, in a way...but you need to go back a step

 

further...Since you seem like more of a system trader,I'll try and make some exposition

 

using fibonnacci retracements on the charts..back a step further,around 17/4/09, to a low at

 

21/4...That is the 1st step...

 

http://i62.servimg.com/u/f62/11/82/15/01/traded12.gif

 

 

The 2nd step is down below, where am replying fahd..

 

 

Hi everybody,

According to the signal today, GBP/USD had to go up 40 pips in case of a UK's claimant count

 

change of 99k or lower. However, the very opposit just occured as GBP/USD went down by more

 

than 50 pips at the count of 73.7k

Can anybody explain to me what i am missing here!

 

 

Helloo fahd, maybe we might make a prognosis of what you are missing here..Hi Felix, hope

 

you dont mind if I answer him...just a symphony of events that flows like an epiphany..

 

UK Claimants count report that came out around 4.30 a.m this Wednesday morning,is the change

 

in the number of people claiming unemployment-related benefits during the previous

 

month..Although it's generally viewed as a lagging indicator, the number of unemployed

 

people is an important signal of overall economic health because consumer spending is highly

 

correlated with labor conditions..So it's the first indication of the employment situation,

 

released a month earlier than the Unemployment Rate...

 

The previous change was 136.6k (revised), while economists are forecasting 118k ...but the

 

actual result turned about to be 73.3k..

 

To cut long story short, the market has already discount that piece of

 

information..Normally, if the ACTUAL was less than the EXPECTED,it is good for the

 

currency...In this case, technical wise, price had to fulfill the 60% window before rocketed

 

upwards, according to fundamentals..That downward retracement was observed from,''on da

 

retracement''

 

 

[21:00:56 21/04/09] Stalion : sell 1.4662..1st target @ 1.4615...2nd target @ 1.4560

 

[21:01:31 21/04/09] Stalion : stop loss @ 1.4710

 

 

Now GBPUSD ressurrects...figuratively..

 

http://i62.servimg.com/u/f62/11/82/15/01/traded13.gif

 

That, mon ami...is ze 2nd step..

 

Sayonara..

[Review of Strategic Tips on Forex Signals In Forex Forums]

[09 17/04/09] Stalion : helloo there' date=' LP....

 

[09 17/04/09'] Stalion : We put a sell stop on GBPUSD @ 14795...1ST TARGET @

 

14735...2ND TARGET @ 14665.. STOP LOSS @ 14850...

 

 

http://i62.servimg.com/u/f62/11/82/15/01/frigud10.gif

 

 

 

FINANCIAL TIMES

"Peripheral care should be the central concern"

 

By George Soros

 

The Group of 20 meeting is a make-or-break event. Unless it comes up with practical measures

 

to support the less developed countries, which are even more vulnerable than the developed

 

ones, markets are going to suffer another sinking spell just as they did last month when Tim

 

Geithner, Treasury secretary, failed to produce practical measures to recapitalise the US

 

banking system.

 

This crisis is different from all the others since the end of the second world war.

 

Previously, the authorities got their act together and prevented the financial system from

 

collapsing. This time, after the failure of Lehman Brothers last September, the system broke

 

down and was put on artificial life support. Among other measures, both Europe and the US in

 

effect guaranteed that no other important financial institution would be allowed to fail.

 

This necessary step had unintended adverse consequences: many other countries, from eastern

 

Europe to Latin America, Africa and south-east Asia, could not offer similar guarantees. As

 

a result, capital fled from the periphery to the centre. The flight was abetted by national

 

financial authorities at the centre who encouraged banks to repatriate their capital. In the

 

periphery countries, currencies fell, interest rates rose and credit default swap rates

 

soared. When history is written, it will be recorded that - in contrast to the Great

 

Depression - protectionism first prevailed in finance rather than trade.

 

Institutions such as the International Monetary Fund face a novel task: to protect the

 

periphery countries from a storm created in the developed world. Global institutions are

 

used to dealing with governments; now they must deal with the collapse of the private

 

sector. If they fail to do so, the periphery economies will suffer even more than those at

 

the centre, because they are poorer and more dependent on commodities than the developed

 

world. They also face $1,440bn (€1,060bn, £994bn) of bank loans coming due in 2009. These

 

loans cannot be rolled over without international aid.

 

Gordon Brown, the UK prime minister, recognised the problem and designated the G20 meeting

 

to address it. Yet profound attitudinal differences have surfaced, particularly between the

 

US and Germany. The US has recognised that the collapse of credit in the private sector can

 

be reversed only by using the credit of the state to the full. Germany, traumatised by the

 

memory of hyperinflation in the 1920s, is reluctant to sow the seeds of future inflation by

 

incurring too much debt. Both positions are firmly held. The controversy threatens to

 

disrupt the meeting.

 

Yet it should be possible to find common ground. Instead of setting a universal target of 2

 

per cent of gross domestic product for stimulus packages, it is enough to agree that the

 

periphery countries need aid to protect their financial systems. This is in the common

 

interest. If the periphery economies are allowed to collapse, the developed countries will

 

also be hurt.

 

As things stand, the G20 meeting will produce some concrete results: the resources of the

 

IMF are likely to be doubled, mainly by using the mechanism of the "new arrangements to

 

borrow", which can be activated without resolving the vexed question of reapportioning

 

voting rights.

 

This will be sufficient to enable the IMF to help specific countries at risk but it will not

 

provide a systemic solution for the less developed countries. Such a solution is readily

 

available in the form of special drawing rights. SDRs are complex but they boil down to the

 

international creation of money. Countries that can create their own money do not need them

 

but periphery countries do. The rich countries should therefore lend their allocations to

 

the nations in need.

 

Recipient countries would pay the IMF interest at a very low rate, equivalent to the

 

composite average treasury bill rate of all convertible currencies. They would have free use

 

of their own allocations but would be supervised in how the borrowed allocations were used

 

to ensure they were well spent.

 

In addition to the one-time increase in the IMF's resources, there ought to be a big annual

 

issue of SDRs, of say $250bn, as long as the recession lasts. It is too late to use the

 

April 2 G20 meeting to agree this, but if it were raised by President Barack Obama and

 

endorsed by others, this would be sufficient to give heart to the markets and turn the

 

meeting into a resounding success.

 

 

 

 

http://i60.servimg.com/u/f60/13/80/66/77/frigud12.gif

 

 

 

[08:47:01 21/04/09] Stalion : helloo there

 

[08:51:02 21/04/09] Stalion : we are seeing a 123 bottom on the GBPUSD 15 minute chart, so

 

standing by for a bullish move

 

[08:53:20 21/04/09] Learning_pips : cool

 

[08:54:49 21/04/09] Learning_pips : news also coming out today

 

[09:02:51 21/04/09] Stalion : we put a buy stop on GBPUSD @ 1.4574...1st target @

 

1.4613...2nd target @ 1.4645...stop loss @ 1.4510..

 

[09:03:08 21/04/09] fxjedi : hi stal

 

[09:05:15 21/04/09] Learning_pips : ok

 

[09:35:58 21/04/09] Learning_pips : stal the news came out a little better than expected

 

[09:36:54 21/04/09] Learning_pips : ok buy stop triggered

 

[09:36:56 21/04/09] Learning_pips : we are in

 

[09:48:42 21/04/09] Learning_pips : price is hesitating

 

[09:59:21 21/04/09] Stalion : cool

 

[10:04:11 21/04/09] Learning_pips : looks like we r on our way

 

[10:07:16 21/04/09] Learning_pips : closed 1 lot with 25pips and moved SL to breakeven

 

http://i62.servimg.com/u/f62/11/82/15/01/frigud11.gif

 

[10:15:54 21/04/09] Learning_pips : ok second lot stopped out

 

[10:21:47 21/04/09] Learning_pips : hey paul..did u pick up the last trade

 

[10:29:00 21/04/09] Learning_pips : stal I have a question around this call, did u pick it

 

up off the 15min chart or the 4hr chart?

 

[10:32:10 21/04/09] Stalion : good work, LP

 

[10:34:08 21/04/09] Learning_pips : thnx

 

[10:34:59 21/04/09] Stalion : but how come u were stopped out on ur 2nd lot wen SL is

 

supposed to be around 14510...

 

[10:35:59 21/04/09] Learning_pips : no actually I moved second lot to entry point

 

[10:36:56 21/04/09] Learning_pips : but then after that candle with the long upper shadow I

 

entered again on the next candle

 

[10:37:53 21/04/09] fxjedi : am up 30 pips,stal

 

[10:38:24 21/04/09] Stalion : cool...your learning well...

 

[10:38:40 21/04/09] Stalion : the call was taken off the 15 min chart..

[

[10:58:11 21/04/09] fxjedi : ok

 

 

http://i62.servimg.com/u/f62/11/82/15/01/frigud12.gif

[Review Of Strategic Tips On Forex Signals In Forex Forums]

Helloo Fellow Traders,

Hope you all had a wonderfull weekend...

 

For some time, I've been on meditative break in order to step back from the picture and look

 

ahead...What I saw wasnt certain...

 

 

 

http://www.telegraph.co.uk/news/worldnews/...arack-Obama-too tired-to-give-proper-welcome-to-Gordon-Brown.html

 

 

 

http://www.telegraph.co.uk/news/newstopics...in-rapport.html

 

 

 

http://www.telegraph.co.uk/news/newstopics...Washington.html

 

 

 

 

http://www.telegraph.co.uk/news/worldnews/...th-America.html

 

 

 

http://www.telegraph.co.uk/news/newstopics...-recession.html

 

How will these events affect the GBPUSD and its continous downward price movement? hOW DOES

 

THAT AFFECT THE GLOBAL RECESSIONARY ECONOMIES? Only time will tell...

 

We need to understand that going into political history would only dig us into deeper

 

hole..subtle fencing matches doesnt do humanity any good, especially most in the Balkans,

 

Isreal, Palestinians, China,Japan, Iran,Iraq,Germany, France,Russia,Sudan,

 

Somalia,Zimbabwe,and so on..Great statesmen put the interest of humanity in the

 

forefront...To whose

 

gain if we blow up the world in this generation in spite of love and peace?

When money, as an exchange of value, is allowed to be economic leakages via negative

 

destructive means, it brings about destructive results...but when it is harnessed for

 

constructive means and purposes, it brings constructive and positive results.

The global recession can be overcome by improving and improvisation via constructive

 

means..That might reduce the distortion and inversion of the human race...

 

 

For the benefit of members that might not yet understand the way I trade, I invite you to log into the 10,000 virtual equity account and see how and why trades are taken.. No more than 2% risk is taken..

 

Acc No 100909

 

Password mn4picn (ALPARI US)...www.alpari-us.com

 

Please download the mt4 software from the site , then log in to view the forex trades..

 

 

 

 

 

[09:12:31 09/03/09] blue : wht do u expect today

 

[09:19:27 09/03/09] blue : Stalion im ready for ur signals today

 

[09:19:45 09/03/09] Stalion : hi blue, the general trend in the market is still bearish...so we wait for a good sell entry

 

[09:20:23 09/03/09] blue : ok

 

[09:20:28 09/03/09] blue : i hope so

 

[09:24:26 09/03/09] Stalion : sell stop on gbpusd @ 13990...1st target @ 13945...2nd target @ 13920...

 

[09:24:32 09/03/09] Stalion : 40 pips stop loss

 

[09:25:11 09/03/09] blue : ok

 

[09:25:41 09/03/09] blue : should i enter from here its on 1.4010 now or wait to strike 1.3990

 

[09:26:59 09/03/09] Stalion : wait till 13990,blue

 

[09:27:18 09/03/09] blue : ok

 

[09:30:33 09/03/09] Stalion : hope you now understand how to enter the sell and buy stops,blue?

 

[09:30:49 09/03/09] Stalion : please ask questions if you are not clear..

 

[09:31:11 09/03/09] blue : ya i understand wht u mean

 

[09:31:23 09/03/09] blue : im clear now i am waiting for 1.3990

 

[09:37:25 09/03/09] blue : still playing arround our figure

 

[09:39:32 09/03/09] Stalion : cool

 

[09:39:48 09/03/09] blue : im waiting

 

[09:41:14 09/03/09] Stalion : okay.....sell entry hit @ 13990

 

[09:41:37 09/03/09] blue : ya i got

 

[09:42:05 09/03/09] blue : wht should b dont now

 

[09:43:00 09/03/09] blue : u plz guide me ok

 

[09:43:07 09/03/09] Stalion : how many minilots did you enter?

 

[09:43:24 09/03/09] blue : 2 mini lots

 

[09:44:48 09/03/09] Stalion : okay....on how much equity?

 

[09:45:07 09/03/09] blue : i have 3000$

 

[09:47:22 09/03/09] Stalion : 2% of 3,000 is 60...

 

[09:47:24 09/03/09] blue : a little account

 

[09:47:31 09/03/09] blue : so

 

[09:47:42 09/03/09] blue : wht should i do

 

[09:50:06 09/03/09] Stalion : by risking no more than 2% on a single trade, you can be be able to sustain 50 losses in a row if you are on a losing streak..I would suggest you keep your minilots to just 1 for now...by trading 2 minilots at a 40 pip stop loss, you risk more than 2% of your capital..

 

[09:50:48 09/03/09] blue : ok next time i wil enter with 1 lots

 

[09:51:16 09/03/09] Stalion : instead of losing just 40 to 60 dollar maximum, you lost 80 dollars wen using 2 minilots

 

[09:51:18 09/03/09] blue : i will cut 1 lot on 1st target

 

[09:52:12 09/03/09] Stalion : okay...

 

[09:53:01 09/03/09] blue : and wht should i do with second lot after closing 1 lot on 1st target

 

[09:53:14 09/03/09] Stalion : cut 1 minilot when 20 pips ahead...more safer..

 

[09:53:25 09/03/09] blue : ok

 

[09:53:38 09/03/09] blue : and second one

 

[09:56:16 09/03/09] Stalion : you would have 1 minilot remaining,right? so cut 0.5 minilot on 1st target

 

[09:56:28 09/03/09] Stalion : another 0.5 minilot on 2nd target

 

[09:56:57 09/03/09] blue : ok i wil

 

[09:57:05 09/03/09] blue : thx for ur co operation

 

[09:59:06 09/03/09] blue : is the mkt safe in sell today?

 

[10:03:35 09/03/09] Stalion : yep...that is more about strategy than risk management,blue

 

[10:03:49 09/03/09] blue : hmm nice thx

 

[10:04:48 09/03/09] Stalion : risk management is what keeps you safe and sane, blue....

 

[10:04:57 09/03/09] blue : ya

 

[10:07:16 09/03/09] blue : wht do u think how much i can earn in my account in month

 

[10:11:28 09/03/09] Stalion : have you taken off half profits first?

 

[10:12:29 09/03/09] blue : thx dear i got 68$ in tota

 

[10:12:32 09/03/09] blue : total

 

[10:12:33 09/03/09] Stalion : then shift your stop loss down to entry point..from 1.4030 sl to 1.3990 entry?

 

[10:12:53 09/03/09] Stalion : 1st target hit

 

http://i82.servimg.com/u/f82/11/82/15/01/theawa10.gif

 

[10:13:09 09/03/09] blue : i cut 1 lot in 1.3965 and second lot on 1st target

 

[10:14:12 09/03/09] blue : thx alot dear i hope for more trades today

 

[10:18:12 09/03/09] Stalion : cool....

 

[10:18:47 09/03/09] Stalion : 68 dollars is okay for today,blue...

 

[10:19:13 09/03/09] Stalion : lets not get greedy and give back all those profits...

 

[10:19:55 09/03/09] blue : ok as u say

 

[10:20:07 09/03/09] blue : i agree with u

 

[10:25:27 09/03/09] Stalion : cool

 

[10:26:14 09/03/09] Stalion : 1 strike win and we are out

 

[10:27:24 09/03/09] blue : ya nice

 

[11:22:51 09/03/09] blue : Stalion mkt is still on selling

 

[11:58:44 09/03/09] Stalion : yeah....downtrend sustained, blue

 

[11:58:51 09/03/09] Stalion : helloo joksa

 

[12:01:14 09/03/09] joksa : hi stalion, it is my first day

 

[12:03:01 09/03/09] Stalion : cool...

 

[12:03:11 09/03/09] Stalion : howz trading?

 

[12:05:43 09/03/09] joksa : i don't have to much success

 

[12:07:19 09/03/09] Stalion : why? how come?

 

[12:09:14 09/03/09] joksa : i tried to much forex system, but no one was good for my acc.

 

[12:09:46 09/03/09] Stalion : what do you think is blocking you from success?

 

[12:11:03 09/03/09] joksa : i am not disciplined

 

[12:14:50 09/03/09] shandy : hi guys, finally worked out how to login!

 

[12:15:04 09/03/09] joksa : if i understand, in this chatroom...there is only alert?

 

[12:15:42 09/03/09] Stalion : hmmmm.....nice to know discipline comes with practise

 

[12:16:22 09/03/09] shandy : how was the morning session?

 

[12:20:17 09/03/09] Stalion : welcome, mark....

 

[12:20:48 09/03/09] Stalion : 70 pips was made on our sell stop

 

[12:20:53 09/03/09] shandy : very nice

 

[14:30:12 09/03/09] gjorge : i would like to see how they trade the london martket

 

 

So for today, teusday, we could see a 1-2-3 bottom on the chart,and we put a buy stop on GBPUSD @ 1.3850..1st target @ 1.3877.. 2nd target @ 1.3955..50 pips stop loss

[Re:Review Of Strategic Tips On Forex Signals In Forex Forums]

Quote from Smurfie:

 

Hey Forexgreenland

 

All trends from the monthly to the 5m timeframe are down. Why do you see an up-gap coming?

 

In other words, on what do you base your decision?

 

Cheers,

 

Smurf

 

Hi Smurf, the up gap is not really the issue here..Price pleased us with some lyrical

 

teasers.

We jus chilling.. when we popped the cable glass ceiling..like an epiphany..me and

 

traderji..

I based my decision due to the ''market tells''..shown on those charts..mon ami..Like I said

 

earlier, price was at its BUY WINDOW...MACD showing bullish divergence,123 pattern,etc..As

 

you go along, you'll see why I based my decision on a long call, instead of a short..

 

 

In the name of the lord most merciful,

Nice thread forexgreenland. Week begins with the pound 13 percent drop against the dollar

 

and 8 percentagainst the euro . British banks are shrinking foreign borrowings .A weaker

 

currency is being recommended.

 

Maybe, jeff15...maybe..

 

Bearish gap, filled and bounced off your entry point (resistance area).

 

Looked like a good place to short rather than long but i was sleeping. If there had been a

 

bullish gap then that looked like a good long trade though (bounce off support). Look

 

forward to hearing more.

 

Yes, betard, I like that word ..''bounced off entry point''..like bouncy balls..At that

 

particular time, it looked good to short..and we got stopped out twice..

 

In retrospect, that might not really look like a good place to short, except for the

 

SCALPERS..Like Ninjas,they move in stealth, with each breath..never make their presence

 

felt..Price on the GBPUSD opened this Monday morning @ 1.4671..made a low of 1.4656..just 15

 

pips..removing 5 to 6 pip spread reduces it further..Though there was not a bullish gap in

 

the early hours of this morning, but a bearish gap on the open, it was just the precursor of

 

good times in the bullish sides..

 

http://i72.servimg.com/u/f72/11/82/15/01/trader10.gif

 

 

Wow nice call today! I must be honest after been stop out twice the

 

third time I was not very condident with the trade and took+ 20 pips, if I had wait I should

 

grabe +200pips.... thx Stalion

 

http://i72.servimg.com/u/f72/11/82/15/01/trader11.gif

 

It was like 382 pips,mon ami...close to $400 minilot..$4000 standard lot on monday..But we

 

got stopped out twice at 65 pips each...making a total loss of 130 pips..Subtract that from

 

382 pips, we get net profit of 252 pips(excluding pip spread /or charges.)..But remember, we

 

lost twice before we can arrive at our net profit..Such is life...If Thomas Edison can fail

 

a thousand times before dicovering the icandescent lamp, why are we traders soo skeptical to

 

losses.. Every single trade does not have to be a masterpiece..

 

 

forexgreenland, I will be here with you to check the

 

daily analysis and strategic tips of forex.. i hope you post such this info continuously ...

 

I will learn more and more..

Thanks forexgreenland

 

 

No probs, delv..We all learn and earn more and more...

 

http://i72.servimg.com/u/f72/11/82/15/01/trader12.gif

 

 

So.. where are these other guys you are talking to?

 

Just google ''forexgreenland''

[Re:Review Of Strategic Tips On Forex Signals In Forex Forums]

[05:17:33 14/11/08] Stalion : Its 5a.m here in Nigeria and am in the

 

dark,with just the glow of the computer screens casting an ethereal and pychedelic sheen to

 

the surroundings..just the candlesticks telling their midnight stories..so we put a sell

 

stop on GBPUSD @ 1.4860...1st target @ 1.4845..2nd target @ 1.4825...3rd target @ 1.4790

 

[05:18:06 14/11/08] Stalion : sl @ 1.4010

 

Happy weekend,folks,

 

Someone asked me the other day what Black Friday was..And another, to her, felt her trade

 

that day was Black Friday becvause she had some losing trades.. Well I did some little

 

research on it from INVESTOPEDIA and here are some meanings of that term

 

1. A day of stock market catastrophe. Originally, September 24,

 

1869, was deemed Black Friday. The crash was sparked by gold speculators, including Jay

 

Gould and James Fist, who attempted to corner the gold market. The attempt failed and the

 

gold market collapsed, causing the stock market to plummet.

 

2. The day after Thanksgiving in the United States. Retailers generally see an upward spike

 

in sales and consider this to be the start of the holiday shopping season. It's common for

 

retailers to offer special promotions and to open early to draw in customers.

 

3. The term "black" has been used to describe other disastrous days in financial markets.

 

For example, on Black Tuesday, October 29, 1929, the market fell precipitously, signaling

 

the start of the Great Depression. The largest one-day drop in stock market history occurred

 

on Black Monday, October 19, 1987, when the Dow Jones Industrial Average plummeted more than

 

22%.

 

To God be the glory, our call was hit around 5 times,back to back, on yesterday's White

 

Friday. 70 pips,$70 minilot,$700 standard lot was made from that call..

 

We could actually see there was a mini head and shoulder pattern

 

[05:18:06 14/11/08] Stalion : sl @ 1.4010

 

 

[05:21:05 14/11/08] pipsRus : hello

 

[05:21:30 14/11/08] djcarlos : hi stal

 

[05:22:56 14/11/08] djcarlos : 1st target hit Very Happy

 

http://i72.servimg.com/u/f72/11/82/15/01/white_10.gif

 

[05:24:24 14/11/08] Stalion : hi pipRus

 

[05:24:37 14/11/08] Stalion : 2nd target hit

 

[05:27:54 14/11/08] Stalion : I take it you've already closed at least half of ur order, dj?

 

We could see a mini head and shoulderrs pasttern on the 15 minute chart, which foretold a

 

bearish movement..After making our 70 pips, we shifted our stop loss to the entry point of

 

1.4810...That was why the broken shaded blue line was now red in the second chart...

 

http://i72.servimg.com/u/f72/11/82/15/01/white_11.gif

 

[05:29:02 14/11/08] djcarlos : im out it was an exelent trade arround 40 pips in my bag

 

[05:30:22 14/11/08] djcarlos : thanks to call me... it was exelent

 

[05:54:50 14/11/08] djcarlos : Stal Ill expecting for other alerts.... thanks, call me or

 

sms me....

 

[05:58:18 14/11/08] Stalion : Hey, dj, easy on the greed, okay...

 

[05:58:33 14/11/08] Stalion : are you not guys not okay with 70 pips?

 

[06:02:00 14/11/08] djcarlos : yes stal i ll be carefully... im taking profits to open a

 

managed account

 

[06:13:56 14/11/08] Stalion : hmmmm...

 

[06:51:24 14/11/08] Stalion : if you reentered again on our original sell entry, you

 

would've been smiling by now...

 

[10:12:44 14/11/08] djcarlos : hi stal....

 

[10:20:11 14/11/08] djcarlos : i was re-enter and i won 2o pips and then go out because de

 

waves is going up

 

[10:20:23 14/11/08] djcarlos : Very Happy

 

 

The stop loss on the right shoulder ensured that we are not stopped out in the present

 

downtrend..if price breaches that high, we should be seeing a new retracement....

 

http://i72.servimg.com/u/f72/11/82/15/01/white_12.gif

 

All in all, it was a jolly Good White Friday..

 

So for today,Sunday the 16th of November,we await the opening bell of the Asian Session to

 

commence trading..

 

Sell stop on GBPUSD @ 1.8321...

 

Hi palmguy, thanks for your contribution ..though presently, price on the GBPUSD is at

 

1.4737...it would need to go up about 400 pips before your sell stop is triggered..

 

So for today, we might likely see a BULLISH GAP to the upside in less than 7 hours from now.

We put a buy stop on our 60% BUY WINDOW @ 1.4765...1st target @ 1.4805..2nd target @

 

1.4840...3rd target @ 1.4884..sl @ 1.4700

 

http://i72.servimg.com/u/f72/11/82/15/01/white_14.gif