Recent content by pingvin123

  1. pingvin123

    One Trade a Week

    OK, I'll try to play, too. Ticker: GBP/JPY Planned Entry: Pending order to BUY at 132.4 Stop loss: 131.6 (80 pips) Target: 134.9 (250 pips) Risk Ratio: 1:3 Entry Reason: Price is in bullish mode, but bounced down from major resistance at 134.23. It is unlikely in my oppinion that it will just...
  2. pingvin123

    isa's short term trading journal

    Ammm, no, no, SPOT trading - as a PROMPT trading. In my country you do not pay any taxes to tax office for SPOT trading, but you do for trading stocks... Is this the broker: http://www.finspreads.com I guess they use their own platform, not MT4?
  3. pingvin123

    isa's short term trading journal

    Isatrader, can you please explain to me, is trading those stocks that you are trading considered SPOT trading? What broker do you use if I can ask? I am just curious...
  4. pingvin123

    Pinguin's account No. 5

    Thank man! Trading part time (while at the same time trying to do normal job) is hard. Especially if you work over time. Week 5 was a disaster for me. I was so tired I expected to have hallucinations at the end of the day. This happened to me a few times before. I was not suppose to trade and I...
  5. pingvin123

    isa's short term trading journal

    Re: Account Update That was one of my problems, too. That is partially why I chosed GBPJPY, becouse there is not much comments on this pair. If I would choose EURUSD I would spend lots of time reading other people's analysis, but would never make my own effort... Cheer up, man, :thumbsup...
  6. pingvin123

    Trading on Netbook

    I used Acer Aspire One, nice little computer, but for me the screen was to small (not enough data displayed for me - I like to follow one pair through many time frames), now that I have a larger screen, about 4 times as much data fits on the screen and is very nice to work on. But to do basic...
  7. pingvin123

    Pinguin's account No. 5

    Thank you for your nice words! I experienced all that you said, plus some more, see my post earlier in this thread where I talk about other 4 accounts: http://www.trade2win.com/boards/trading-journals/112046-pinguins-account-no-5-a.html#post1361140 It is a learning process :smart: and I am...
  8. pingvin123

    Does anyone here need forex signals

    Ever took lie detector test? :twisted: It looks exactly like this!
  9. pingvin123

    Pinguin's account No. 5

    I didn't post results of week 3 as I was in a trade and I don't want to give signals. Now that trades are over I can post. Week 3 is so far away now, that I almost forgot what happened. I know that I noticed price formed a channel up and bounced from the lower trendline. I took it from there...
  10. pingvin123

    Does anyone here need forex signals

    But didn't you see - he attached a screenshot, you can see from there he is trading 1M chart, 3 MACD's (you can never be too certain), 1M timeframe, there is also a secret indicator called RSI, and did I mention he is trading from 1M time frame? The funny thing is, the bloody thing probably...
  11. pingvin123

    The Mighty Pinbar Humbled!

    Iota, you are missing a story behind it, it is a market rejection of a certain price. If there is a bearish pin (nose up) and position on the top of the hill, then buyers started to close their positions and more and more sellers are coming in. It is very reliable on longer time frames - but it...
  12. pingvin123

    Pinguin's account No. 5

    GBPJPY at the Trendline, will it reverse and fall 450 pips, with target 128.00 (approximately 61.8 fib extension) or brake the Trendline and 153 EMA and continue uptrend? I heard today that Daihacu is moving out of European market, JPY currency to strong and they can't compete, apparently. I...
  13. pingvin123

    isa's short term trading journal

    So waiting worked out? Congratulation!
  14. pingvin123

    isa's short term trading journal

    You are correct, it is similar, but not exactly. On Hecla Mining I would be interested in shorting at second blue and on second red arrow. There were pins. Check the bar before the pin. They were equal or smaller size, to me it means that price was running out of power, pin followed and price...
  15. pingvin123

    isa's short term trading journal

    1282 through 1284 seems to me as a pivot zone. And look what happened, you got a bullish pin right from this zone. But not all is bad, the bar before the pin is very long and pin has a small nose, plus there is a traffic zone after the pin, I would not go long here after this pin, so it could...
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