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Realities of Forex Investment
mnandii
#3511 Posted : Saturday, September 03, 2016 5:16:45 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
GBPJPY 4 HR Chart:

Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3512 Posted : Saturday, September 03, 2016 5:20:43 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
GBPJPY 30 Min Chart:

Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3513 Posted : Saturday, September 03, 2016 5:23:53 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
All the best in your trading. Remember volatility is returning big time. So expect major moves going forward. The Elliott Wave model serves such emotional markets well. Therefore expect very nice opportunities if you follow Elliott.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3514 Posted : Tuesday, September 06, 2016 10:37:09 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304


I am SHORT AUDUSD with my SL at 0.7758. Expecting a strong third wave fall for about 2000 pips in the coming weeks.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
hisah
#3515 Posted : Tuesday, September 06, 2016 4:38:46 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
mnandii wrote:


I would be LONG GBPUSD at current levels with a SL at 1.2868 and a target of 900 pips up. That's an R:R of >4:1

Target around 1.36
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
mnandii
#3516 Posted : Friday, September 09, 2016 10:37:48 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
hisah wrote:
mnandii wrote:


I would be LONG GBPUSD at current levels with a SL at 1.2868 and a target of 900 pips up. That's an R:R of >4:1

Target around 1.36


Short on this one. The triangle scenario is in play. Target now is down to 1.3067.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3517 Posted : Friday, September 09, 2016 10:39:48 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
mnandii wrote:


I am SHORT AUDUSD with my SL at 0.7758. Expecting a strong third wave fall for about 2000 pips in the coming weeks.


Short in play.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3518 Posted : Friday, September 09, 2016 10:43:51 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
mnandii wrote:
GBPJPY 30 Min Chart:



Check you charts guys. The scenario played out to the T! Now its time to be long with your SL at 134.99

Chart below:

Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#3519 Posted : Friday, September 09, 2016 10:50:25 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
mnandii wrote:
mnandii wrote:
GBPJPY 30 Min Chart:



Check you charts guys. The scenario played out to the T! Now its time to be long with your SL at 134.99

Chart below:



Your target should be a MINIMUM of 500 pips to the upside.



To see the images better: RIGHT CLICK on image > OPEN in NEW TAB.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
hisah
#3520 Posted : Friday, September 09, 2016 12:05:48 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Thanks @mnandii. Let's see how to ride the beast smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
396 Pages«<350351352353354>»
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